Adani Power - Ready Set GO !!🔰 MY thought process :
⭐Symmetrical pattern BO again at monthly resistance
🔰Am I taking this trade now:
Already in it :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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IOC Share Price Trend AnalysisMay 07, 2021
Today on 1HR Chart Time frame IOC given 2 breakouts with Good Vol of 9.57 Million.
First Breakout is of Trend which was maintained by IOC since April 2021. A resistance has been breakout along with a support which was braked by IOC Share in March 2021. Now this support worked as resistance since last two months which IOC was trying to break. Today it was also broke & closing is on above the resistance Level.
Follow THE DECISIVE because WE HELP YOU TO DECIDE!
This was just for educational purpose only & not recommending to BUY/SELL of any Script.
Zydus Wellness: Cup and Handle formationZydus Wellness is ready to take a long drive.
Zydus formed a perfect Cup and Handle with a flat bottom along with a decrease in volume and as price moved up the volume also increased indicating a bullish move.
Price broke the handle formed and closed at a key resistance level.
Petronet - At Resistance and quickPrice this time after taking the support from the trend line formed a falling wedge pattern and the breakout takes the price swiftly to the resistance in 2 sessions.
Either price should hang over at the resistance or it should break. Hope it should collect big volumes to break and the process should be on from tomorrow.
#Nifty Trade Setup For Wednesday (7th April)As you see in the Chart that,
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Nifty Touch 14780 Level multiple times and then reverse.
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Today also Nifty touch 14780 and then reverse.
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So for tomorrow there is a simple Strategy.
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If Nifty cross 14780, then we will buy 14900 CE.
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If Nifty goes down below 14630, we will buy 14500 PE.
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In Gap up or gap down case, we will wait for the right time.
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GBPAUD - Raising wedge patternPrice moving in parallel inside a range for a long time. Just before the Pandemic it breaks the range trapped all the long positions and fell badly and took the same support.
One can clearly identify the raising wedge pattern in the above analysis. This pattern exactly ends at the resistance levels !!!






















