Ninja Intraday Scalping in Bank Nifty 2 Nov 2021Ninja Intraday Scalping in Bank Nifty 2 Nov 2021 (pull back method), 560 points gain. Please do drop your comments if you have any questions on this Ninja Technique.. Thanks
Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length.
Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses 100 and tries to reverse back and if we see Stoch , MACD , RSI too reversed from top or from bottom an entry can be taken. Other end of the band will be the target or middle band would be the target basing on the risk reward.
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
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Pullback
Ninja Intraday Scalping in Bank Nifty 1 Nov 2021Ninja Intraday Scalping in Bank Nifty 1 Nov 2021 (pull back method), 350 points gain in raising market. Please do drop your comments if you have any questions on this Ninja Technique.. Thanks
Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length.
Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses 100 and tries to reverse back and if we see Stoch , MACD , RSI too reversed from top or from bottom an entry can be taken. Other end of the band will be the target or middle band would be the target basing on the risk reward.
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
Double Bottom Breakout1. Double Bottom breakout
2. Buy if sustain above 571 on 4hour chart
3. 200EMA Support on daily chart
4. Volume profile Breakout
5. Pharma Sector Index ALL Time High Breakout
Acrysil - Potentially a good zone for a BuyAcrysil - A fundamentally solid stock seem to have done the pullback.. A close above the Horizontal TL is a good area to buy. There is an additional confirmation of a RSI Bullish Divergence too.
PULLBACK
Generally, Pullback is occur when stock price break above the resistance line and gain some percentage, but after that it take a pause and fall down to that previous resistance line which just have broken. Also that line act as a support line, because when a resistance line break that line act as a support line, most of the time.
Pullback give an opportunity to an investor or trader to enter that trade if anybody missed when breakout was occur.
THOMAS COOK | POLE FLAG + SUPPORT CONFLUENCEREASONS FOR ENTERTING TRADE
1. A pole flag structure with the base of the flag bouncing off the 200EMA.
2.This 200EMA bounce point coincides with the long-term support trendline,
3. & the 61.8% retracement of the pole.
3. Price sustains above the flag range after retest
Buying above 65 for a projected price target which is set as the pole height, from the breakout point.
SL 56
Morning star formation at the retest levelsIndusind bank is behaving no different than the other performers in banking. There is a morning star formation at the retest levels of the breakout that happened a few days ago.
I categorize this candlestick as a buy setup and this can give 10% in the coming days. SL should be at 1087 with a target of 1240-1250. This is a good RR setup of 3.5
Kindly note that this is not a recommendation and only for educational purposes. Consult your financial advisor before investing.
DOUBLE Your Capital?Maruti Suzuki is forming a beautiful inverted head and shoulders in the weekly time frame. Once broken at 8500 it will give a short term targets of 10000 and if that is broken a good target of 13000+ levels are possible ( This is the possibility based on the technical approach although the semiconductor issue may be there till the mid of 2022)
This stock deserves to be on the watchlist for the coming months.
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Happy Trading :)
POSITIONAL TRADE IDEAKotak Bank has given a breakout after a consolidation of more than 100 days, price has also taken support from 20EMA forming a BUllish Engulfing candlestick pattern. According to fibonacci retracement, price was trying to break the 50% resistance line and today it has successfully closed above it. Price can move further if it sustains itself above 1830 level, there is a small resistance at 1875 from that level price may give a retracement and can come to test the support. if the support remains strong we can see 10% to 15 % upward move.