USDJPY BULLISHThis is my view on FX:USDJPY . I got a breakout of falling wedge on a LOW TF after a retest of a previous support (Flip zone), which is actually on a bullish on the HIGHER TF.
Priceactionanalysis
Wedge pattern breakdown in WHIRLPOOLWHIRLPOOL
Key highlights: 💡⚡
✅On 2hr Time Frame Stock Showing Breakdown of wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1230-.
✅Can Go short in this stock by placing a stop loss above 1310+.
✅breakout this can give risk:reward upto 1:7+.
Double bottom pattern in BAJFINANCE BAJFINANCE
Key highlights: 💡
✅On 2Hr Time Frame Stock Showing Reversal of Double bottom Pattern .
✅ It can give movement upto the Reversal target of above 5890+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 6255+
CRUDE OIL TRADE IDEA CRUDE OIL :- Price is re testing the sideways zone, this is the first retest, in the matter of my opinion, We can take a trade at this price point. we can clearly see the short setup.
Live Nifty Trading :-Maximizing Your Profits If you're looking for a potential short trade setup in Nifty, using price action analysis could be a useful approach. By analyzing the price movement on the charts, you can identify key levels and patterns that may indicate a potential trend reversal or pullback.
One possible short trade setup could be to wait for a bearish candlestick pattern to form at a key resistance level. This could be a shooting star, a bearish engulfing pattern, or any other bearish candlestick pattern that you are familiar with.
Once you have identified a potential setup, you can use appropriate risk management techniques, such as placing a stop loss above the resistance level, to limit your potential losses if the trade goes against you.
Remember, trading always involves risk, and there is never a guarantee that a setup will work out as expected. It is important to always practice proper risk management and to only risk what you can afford to lose.
Double Bottom pattern reversal in DIVISLABDIVISLAB
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of Double bottom Pattern .
✅ It can give movement upto the Reversal target of above 2935+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 3130+
Coal India LongKeep your eye on Coal India it is looking good. Currently, I am neutral. Today's candle has given a small trendline breakout.
[INTRADAY] #BANKNIFTY PE & CE Levels(24/03/2023)Today will be flat opening in BANKNIFTY . After opening if banknifty sustain above 39550 level then possible upside rally of 400-500 points upto 39950 Level. And this rally can extend for another 400 points if it gives breakout of 40050 level. Any Major downside only expected in case banknifty starts trading below 39450 level.
#NIFTY Intraday Support and Resistance Levels - 23/03/2023Nifty will be flat opening in today's session. After opening nifty sustain above 17130 level and then possible upside rally up to 17230 in today's session. in case nifty trades below 17100 level then the downside target can go up to the 17020 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(23/03/2023)Today will be flat opening in BANKNIFTY. After opening if banknifty sustain above 40050 level then possible upside rally of 400-500 points upto 40450 Level. And this rally can extend for another 400 points if it gives breakout of 40550 level. Any Major downside only expected in case banknifty starts trading below 39950 level.
WSTCSTPAPR - Triangle Breakout - Swing TradeThe analysis is done on Daily TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Falling wedge pattern breakout in BALKRISINDBALKRISIND
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2045+.
✅Can Go Long in this stock by placing a stop loss below 1960-.
✅breakout this can give risk:reward upto 1:3+.
Dow Jones Analysis - Short Position Opportunity at Resistance LeI would like to share my analysis on the Dow Jones stock. Currently, Dow is facing stress at the 32587 level which is acting as a resistance. Based on my analysis, I believe it is a good time to take a short position from here. I predict that Dow is moving towards the 29534 level.
Thank you for considering my analysis. Best of luck with your trading.
Double bottom pattern breakout in SBILIFESBILIFE
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1130+.
✅Can Go Long in this stock by placing a stop loss below 1080-.
✅breakout this can give risk:reward upto 1:4+.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/03/2023)Today will be a gap up opening in BANKNIFTY. Expected opening above 39550 Level. After opening if banknifty sustain above this level then possible upside rally of 400-500 points upto 39950 Level. And this rally can extend for another 400 points if it gives breakout of 40050 level. Any Major downside only expected in case banknifty starts trading below 39450 level.
Wedge pattern reversal in BPCLBPCL
Key highlights: 💡
✅On 1M Time Frame Stock Showing Reversal of wedge Pattern .
✅ It can give movement upto the Reversal target of above 484+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 770+
Double bottom pattern reversal in METROPOLISMETROPOLIS
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of double Bottom Pattern .
✅ It can give movement upto the Reversal target of above 1370+.
✅Can Go Long in this stock by placing a stop loss below 1190+.
Falling wedge pattern breakout in TITANTITAN
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2545+.
✅Can Go Long in this stock by placing a stop loss below 2330-.
✅breakout this can give risk:reward upto 1:3+.
#NIFTY Intraday Support and Resistance Levels - 14/03/2023Nifty will be gap up opening in today's session. The expected opening above the 17210 level and the 17210 to 17250 level is the consolidation range and if nifty breaks the 17250 level this level then the possible upside go up to 17330+ in today's session. in case nifty trades below the 17210 level than possible downside rally up to 100-200 points.
[INTRADAY] #BANKNIFTY PE & CE Levels(14/03/2023)Today will be a gap up opening in BANKNIFTY. Expected opening below 39950 Level. After opening possible reversal of 400-500 points from 39850. And this can extend for another 400 points if it gives breakdown of 39450 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 40050 level.
Double top pattern reversal in ABBABB
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of double top Pattern .
✅ It can give movement upto the Reversal target of below 2655-.
✅Can Go Long in this stock by placing a stop loss above 3460+.
Ascending broadening wedge Pattern in BERGEPAINTBERGEPAINT
Key highlights: 💡
✅On 30Min Time Frame Stock Showing Reversal of Ascending broadening wedge Pattern .
✅ It can give movement upto the Reversal target of above 593+..
✅Can Go Long in this stock by placing a stop loss below 580-.
