Priceactionstrategy
Pnb take a support PNB take a support from the 39levels and stock is expected to bounce backfor a minimum 10% target
A good selling stock for upcoming days please make sure that you take the below the trend there is a good fall to be seen in upcoming days there is a down side price action in larger time frame a pure price action based trade and this could only if it cross the trend, then a major correction can been seen in upcoming trades, its not just for intraday it can be a good positional trade can short the futures and hold it. with a strict sl and make sure that you keep on trail the sl once in profits
Welcorp for Swing TradeNSE:WELCORP Swing Trade
Current Price : 144.85
This Script is trying to brake its resistance for more than 6 months
I’m expecting a significant upmove if it brakes the resistance line.
Buy at : 153
Target : 185+
Stoploss : 137
....Grab this oppurtunity...
This is only for education purpose.
Follow for more update.
Dr Reddy - Breakout CandidateDr. Reddy could break out of this TL and then be ready for an up move. Swing traders can keep it on their watchlist for a good RR trade.
📈 Pre-open Chart #PriceAction Analysis by #KRMG (11 Nov)👉 Stock 2- #UPL
👉 Sector - COMMODITIES
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - Stock is in uptrend in Hourly timeframe and has given an IMPULSIVE UPMOVE then it is able to close near days High & on Yesterday it broken the important resistance of range High 760 Level
15 Min Trend is Bullish and it also is able to close near the Day's High so Buyers are dominant till now and a good breakout above CRITICAL ZONE may lead it to reach till 790 Level
🎯 Coming to sectoral pattern - #NIFTYCommodities after retracement to 5650 Level now may again start Uptrend which may lead it to reach till 6100 Level
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📈 Pre-open Chart #PriceAction Analysis by #KRMG (11 Nov)👉 Stock 1- #PVR
👉 Sector - MEDIA
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has strongly fallen nearly from 1840 level as per hourly timeframe which is its ALL TIME HIGH Level and now it is trying to reverse or retrace from it
Yesterday on its way to downtrend it got strong rejections from important Level of 1810 and continued the downtrend till day end
It has space till 1740 on downside if it sustains below CZ, and may even reach near 1700 level if convincingly closed below 1765
🎯 Coming to sectoral pattern - #Media is showing Good Uptrend and now accumulating to its ALL TIME HIGH LEVEL 2380
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📈 Pre-open Chart #PriceAction Analysis by #KRMG (9 Nov)👉 Stock 2 - #TECHM
👉 Sector - IT
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction from 1470 Level as per Hourly timeframe and now trading near to its ALL TIME HIGH Level
It has continued good Higher Low pattern as per 15- Min timeframe and also yesterday after neutral opening it continued Upmove and then able to close near the Days High in Second half of Market
Now it has space till 1630 Level which is its ALL TIME HIGH Level and buy Trade can be taken only if breaks CZ with good volume
🎯 Coming to sectoral pattern - #NiftyIT after giving down move from All Time High now taken support from 34300 Level
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📈 Pre-open Chart #PriceAction Analysis by #KRMG (9 Nov)👉 Stock 1- #CHOLAFIN
👉 Sector - FINANCE
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It is in very strong uptrend and on Yesterday it shown strong strength near ALL TIME HIGH and was able to close to the day's High
Watch for Price Action near the CRITICAL ZONE. If breakout is clean then around 660 level is next Target
For our students, watch for any volume spikes around PDH zone , to identify fake breakouts
🎯 Coming to sectoral pattern - #NiftyFIN after giving strong Uptrend it is now trading near to its ALL TIME HIGH Level
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M&M fin TL BreakoutM&M Finance has broken out of a TL after very good consolidation. Swing traders can watch out for a position in this.
📈 Pre-open Chart #PriceAction Analysis by #KRMG (21 Oct)👉 Stock 2- #UPL
👉 Sector - Commodities
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - UPL has started slower Downtrend from 865 Level as per the Daily TF, and also it has now showing strong strength in Downward direction from last couple of Days
It has continued good Lower High pattern as per 15- Min timeframe and also yesterday after opening it continued slower Down move and closed near days Low
For Sellers to maintain dominance, it needs to close and sustain below the #CRITICALZONE
For Buying pattern - BREAK OF 15 MIN structure is mandatory (Watch for volume spikes )
🎯 Coming to sectoral pattern - #NiftyCommodities after good uptrend now its is sustaining and accumulating at its ALL TIME HIGH Level
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📈 Pre-open Chart #PriceAction Analysis by #KRMG (21 Oct)👉 Stock 1- #HINDUNILVR
👉 Sector - FMCG
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has been strongly reversed to downside from 2860 Level and it also showing strength in downward direction and has 2350 Level as its next barrier as Hourly Timeframe
If it breaks and sustain Below the CRITICAL ZONE it may start continuation of Downtrend and has space till 2400 Level
Watch for #PriceAction around important CRITICAL ZONE structural points to plan your trade
🎯 Coming to sectoral pattern - #Niftyfmcg is currently showing the downside strength as its reversed strongly from its ALL TIME HIGH Level and closed convincingly below its important Support of 39900 Level
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PFC 1Month analysisPFC has been forming a long term TRIANGLE
pattern, and now it is at the verge of breakout
we can see higher levels after the breakout,
we can enter above 153 and the SL will be right
below the upper trendline, 137-140 will be a support
level, if the breakout fails it might return to the lower trendline
make sure you maintain your SL's if u want to enter
168 nd 190 will be the targets
📈 Pre-open Chart #PriceAction Analysis by #KRMG (08 Oct)👉 Stock 1- #DRREDDY
👉 Sector - PHARMA
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has been strongly reversed to downside from 5000 Level and it also showing strength in downward direction and has 4750 Level as its next barrier as Hourly Timeframe
If it breaks and sustain Below the CRITICAL ZONE it may start continuation of Downtrend and has space till 4820 Level
Watch for #PriceAction around important CRITICAL ZONE structural points to plan your trade
🎯 Coming to sectoral pattern - #NiftyPharma is currently showing the downside strength from its ALL TIME HIGH Level
#KRMGPriceAction
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📈 Pre-open Chart #PriceAction Analysis by #KRMG (08 Oct)👉 Stock 1- #DRREDDY
👉 Sector - PHARMA
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has been strongly reversed to downside from 5000 Level and it also showing strength in downward direction and has 4750 Level as its next barrier as Hourly Timeframe
If it breaks and sustain Below the CRITICAL ZONE it may start continuation of Downtrend and has space till 4820 Level
Watch for #PriceAction around important CRITICAL ZONE structural points to plan your trade
🎯 Coming to sectoral pattern - #NiftyPharma is currently showing the downside strength from its ALL TIME HIGH Level
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new gold predition if the market goes up it will go to 1769 or 1809 if it goes down it will go to 1745 or 1737 if the current candle closes bullish it will go up if it closes bearish it will go down made the prediction using price action strategy u can put risk ratio 1:2 or 1:3
GBPJPY IDEAAfter closing the month an the quarter with a solid bear candle , GJ now looks to break the daily support zone and then continue down. Since this is a Friday and a Month start I am skeptical about the push down. But then if we were to break the daily support today we can then set the trend for the week to come. I would be cautious trading on the support one as we have seen rejections multiple times and there are high chances of Price going against us if you are holding longer trades, Quick Scalps should do good for today.
USDJPY IdeaFirst Day of Analyzing USD. FOMC has pushed USD to the upside and and has now broken a daily resistance moving to the next daily resistance. This is my analysis where I will wait for break and retest to enter. Also sells should be more valid as we did move a lot to the upside and we should now correct the move a bit before continuing up.
📈 Pre-open MTF #PriceAction Analysis by #KRMG (21 Sep)👉 Stock 2- #SBIN
👉 Sector - Bank
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has strongly fallen nearly from 468 level which was its ALL TIME HIGH as per hourly timeframe and now it is trading below to its important Support of 443 level
Yesterday on its way to downtrend it got strong rejections from PDL Level and continued the downtrend till day end
It has space till 430 on downside if it sustains below CZ, and may even reach near 425 level if convincingly closed below 435
🎯 Coming to sectoral pattern - #NiftyBank is trying to sustain its ALL TIME HIGH Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (21 Sep)👉 Stock 1 - #HINDUNILEVER
👉 Sector - FMCG
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction from Opening Bell till the Day End on Monday as per Hourly timeframe and now trading near to its important Supply Zone
It has continued good Higher Low pattern as per 15- Min timeframe and also yesterday after strong opening it continued the Upmove and closed near days high (Buyers have maintained and protected their Orderflow areas)
Currently it has space till 2825 Level where it has important blockade of ALL TIME HIGH Leve and buy Trade can be taken only if breaks CZ with good volume
🎯 Coming to sectoral pattern - #FMCG is now trading to ALL TIME HIGH and on yesterday it has shown good strength in Upside
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Levels for - 20 Sep 2021EXPLANATION : This is a 15 Min time frame chart of NIFTY . Simple price action analysis SGX NIFTY 120 points down , then basically NIFTY is Gap Down opening . Wait for Right opportunity How market react on Demand Area ?? . If taking Support on Demand Area I will look to go upward .
