1. AB is the Range confirmed by pivots CDEF. 2. 'A' the Range resistance is broken and given Unacceptence by candles 1 and 2. 3. Yellow line show's the immediate fall in price and Green lines shows pullback and then fall in price 4. Target 1 will come at 1:2 RR Target 2 can be trailed with respect to priceaction. Once the first target is attained stop loss...
The chart speaks for itself.The next move is marked in the chart.
Seems like banknifty would pullback or consolidate for a big breakout.
ENTRY - 421 TARGET 1 -460 TARGET 2 -510. It has formed a bullish engulfing pattern on 4hr chart after giving a false breakout of trend line.
I think this what is there to come in future.
This is an illustration of the intra day profit i made on sun pharma.
This is an illustration of the profit I had.
RIIL has made Double bottom and price has crossed above neckline... Near days we may see below targets :D Targets are 465/475/482/490+ SL : 440 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
It is been observed that the price action is indicating weakness and strong selling pressure at higher prices. It shall further go down from current price action. Target 1: 235 Target 2: 230 Stoploss: 248
Targets are 440/450 SL: 405 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
I have a very simple Intraday strategy which works really good. I would like to know your comments, advice or any faults you think my system might have, do paper trade this before actual trading. After market hours I scan stocks in the 15 min time frame to find out which stocks have broken above or below a range of say 20 bars behind. Meaning from last 300 mins...
ENTRY DETAILS: PAIR: USDOLLAR ORDER: SELL ENTRY : 12338 STOP LOSS: 12357 TAKE PROFIT : 12312 R:R = 1.37
long above 200 sl: 187 Target 230, 300
With the FED Rate announcement just a day to go, EURUSD is approaching the sell zone. Although the move to the upside form now is really strong, we need consider that it is in a range and within the range, both the up and down legs are impulsive in nature and we cannot ignore the previous down leg and the larger trend on the chart. This gives us the most probable...