A dragon fly on weekly timeframe clearly indicates downfall? Dragonfly observed on daily BajajAuto.
Shorting opportunities on hindunilever to touch the channel support or breakout above the resistance channel? Anticipating the price action setup. Work hard Stay humble stay blessed
Bank nifty respects price action perfectly a lot of times. BankNifty looks flawlessly bearish with Nifty looking bearish as well. workhard stay humble stay blessed
Remember, to prove the point that trading is not gambling you need to understand that to prove certain points, you must have solutions ready with you. In this field, particularly in the example posted above, you can observe that there are several confluences you can spot to gobearish on the fno and earn handsome percentage aka points. Money is secondary. All the...
The price was giving higher highs with bearish momentum. finally the price was a doji to indicated the downfall. the other day broke the initital lower support and closed below it the next day, the low of the above mentioned candle opened our trade and a sweet fall towards downside is observed.
Stock has witnessed a range breakout from a 2 year range of approx 169 points with big white candle having good volume. If Stocks manages to stay above 500 levels on weekly basis, it can move towards 600 and then 700 levels. Price action will always be the king , so keep an eye an on the price action to ride the potential rally.
Disclaimer: It is very important to do your own analysis before making any investment based on the chart mentioned here. Trade wisely!
Tomorrows day is important to see the further movement.
Break up above the triangle leads to a very good movement. PS,didnt take this trade, it is purely an educational content.
What a breakdown after breaking the support. what now? A pull back to retest? a continuation downside?
Intraday #1: Price is already at Resistance on a daily chart. Look for some chance tomorrow.
Well, I have an instinct on getting long after the break of this triangle, we need to anticipate anyhow. Stay humble stay happy stay blessed
#3 Entered at the low of the doji formed under the green slanting resistance. Holding currently What an opportunity. :) Confluence 1: Broke the head and shoulder. confluence 2: Out of the triangle. Stay humble work hard stay blessed
#1 I have been watching and speculating nifty since long and apparently whenever I felt the fate of the market, it respected my opinion and turns out to be in the direction of the favor, participants and its likelihood. Well, lastly, If the price breaks the slanting resistance and closes above it, and if the high of today's candle is broken tomorrow that is 16th...
Buy above ₹ 651 for a target of ₹ 661
Tcs is showing multiple signs of bearish moves on weekly ,daily as well as hourly charts ..gud to short at channel breakout with channel high as SL on positional basis,,,it has bearish engulfing on daily charts which is a strong sign ,,below 1959 will be a more secure entry.