DHAMPUR SUGAR MILL (NO INDICATORS - ONLY PRICE ACTION) 1 - Stock has been forming channel pattern
2- good support @bottom and almost five resistance at top
3 -And low selloff candles which is good sign
4 - one can enter after the breakout (Always observe the candle while entering on breakouts (Is the candle closed strongly or weak))
NOTE : I only use simple price action Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.
Priceactiontrader
IFGL EXPORTS LTD (NO INDICATORS-ONLY PRICE ACTION) 1- Stock has been forming channel pattern and broken with good candle.
2- Almost seven touches at the top and three touches at bottom
3 - successfully retested with respect to my trendline
4- one can enter with stop loss of broken candle low
5- And the target always depends on price action , actually I don't set target, I do take exits depends on priceaction (and it varies to person to person's conviction)
6- still if you want to set a target then go with 1:2 or 1:3 risk reward
7- trade cautiously according to market condition (position sizing and risk management are the key thing in present market condition)
NOTE : I only use simple Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.
📈 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
#KRMGPriceAction
#LearnWithKRMG
📈 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
#KRMGPriceAction
#LearnWithKRMG
📈 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
#KRMGPriceAction
#LearnWithKRMG
📈 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
#KRMGPriceAction
#LearnWithKRMG
Asian Paints Analysis First, 2260 acted as a resistance on 6th Nov'20 and it acted as a support on 26th Feb'21 and moved up from the support.
Second, if I apply the fibo retracement from 1912, you can see that market rejected the 61% fibo level at 2260, so again it touched the support and moved up.
Third, there is a bullish head & shoulder made from 1st Feb'21 to 25th March'21, 2483 being the neckline, 2260 the head, and approximately 2367 are the shoulders.
Now, if market rejects the bulls at 2513, then our next support could possibly be the 50% retracement at 2378.
We can set our sl below the support line, i.e, 2260.
So, trade accordingly.
This was a little analysis made by me for a long position.
Further, rightly said by many, "don't trade what you think, trade what you see on the chart."
Thank You.
Happy Trading.
Berger Paint Long positional BuyHiii this is trader kanishk
here we saw a prefect breakout of flag pattern of ASCENDING TRIANGLE Pattern
second. there is a retracement on lower time frame which we consider as an opportunity.
i've drawn an trendline . After breakout i am going to buy this.
i am not recommending you, i am just sharing my analysis here.