A low volume counter showing 7x volume after BO + RT of 1429 days( roughly 4 yrs) which formed a rounding bottom can be accumulated for target as mentioned on the chart Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
Levels as mentioned on the chart with Double Bottom Pattern Breakout Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
Nifty has traded in a close range and formed spinning tops. for intraday trade, a breakout in any direction with a strong candle will give a good opportunity for a trade.
M&M opened gap up and traded mostly in a tight range. on 15 minutes timeframe, RSI is above 50 but moving down and MACD is below the signal line. The conditions are in favor of short trade but taking trade along the larger trend has a higher probability of success. On a daily basis, the stock is rising with strong rsi and MACD above the signal line. The upper...
One of the clean chart pattern is witnessed in SBI Life "Inv Head and Shoulder'" Levels as mentioned on the chart Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind
right now all the niftyfmcg high weightage stocks have almost come in the demand zone. maybe a good rally can come from here. 1. now the price has come in the demand zone of the monthly location and daily execution level. 2. another zone below this zone which looks very nice.
BANKBARODA has formed an Inverse H&S pattern on intraday timeframe after a minor downtrend. Aspiring intraday traders can keep it on watch for couple of days. If it breaks neckline with strong volume, can be taken as an intraday opportunity.
RATEGAIN is forming a bullish pennant pattern after breaking out from double bottom i.e. trend reversal pattern. Few weeks earlier it rose sharply after breaking double bottom pattern and now this vertical rise can be considered as flag. The stock is now consolidating, volumes are also drying and moving eastside towards apex point of pennant. Intraday traders and...
Stock has taken the support from the demand zone and gave a BO with a good volume. Wait for PB and enter the stock.
JINDAL STEEL forming the triangle pattern, waiting for the breakout. if it closes above the Resistance line , bullls might take charge, if it closes below the trend line support , bears might take control. Right Now we cant decide the trend, we can decide only after the breakout. And we have to be careful with False breakouts. Purely Price Action.
Nifty will open a gap down today. if it breaks the 17750 level then strong downside movement is possible. if it wont breaks this support then upside movement can possible #nifty #optiontrading #tradegainx
today bank nifty will open the gap down. if it breaks the 37500 level then 300-400 long downside movement is possible. if it doesn't break the 37500 level then upside movement is possible. #tradegainx #optiontrading #banknifty
This stock broke the all time high after the 6 months and it made build up and moving forward to full bullish move and volume is huge to our conformation.
This stock broke the consolidation of 6 months and now can buy this stock with the proper StopLoss because it may come for retest or build up ,so by following risk management we can make a move towards it and we have huge volume conformation tooo.
Coal india is forming Cup & Handle pattern in daily time frame RSI is above 60 and its Bullish view Positive Relative Strength
After making W pattern, price has given breakout at flag and pole pattern. The scrap can be bought at current levels for tgt of 170 for swing trade.
Price has broken the resistance of 56.5 levels. The scrip can be bought for targets till trendline for swing trade.