BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in NSIL
BUY TODAY SELL TOMORROW for 5%
Resistances
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in HERITGFOOD
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in WELENT
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in BEML
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in SANGHVIMOV
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in SUMMITS
BUY TODAY SELL TOMORROW for 5%
TEXRAIL: Breakout FocusTEXRAIL has recently exhibited a notable technical development on the daily chart. On Friday, 16 May , the stock completed a breakout from an inverted head and shoulders pattern, a formation often associated with potential trend reversals. The breakout occurred with a decisive close above the neckline, which had previously acted as a key level of resistance and had been tested multiple times, reinforcing its technical significance.
Following the breakout, the price action has respected the neckline as a new support level, with multiple successful retests and rebounds observed. As of today’s session, TEXRAIL has once again rebounded from a brief consolidation phase, accompanied by a substantial increase in trading volume—approximately 18M shares , significantly above its recent average. This surge in volume may indicate renewed interest and participation from market participants.
Momentum indicators are also aligning with the bullish structure. The Relative Strength Index (RSI) is currently approaching the 70 level , suggesting strong upward momentum, though it is nearing overbought territory. Additionally, the MACD histogram is showing signs of potential short-term consolidation or profit-taking, particularly as the price approaches a previously identified supply zone.
Looking ahead, the chart outlines three potential resistance levels that may act as intermediate targets or areas of interest for traders monitoring the trend. These levels are derived from historical price action and volume profile analysis.
📊 Please refer to the accompanying chart for a visual breakdown of the pattern, volume dynamics, and resistance zones.
Disclaimer:
The information provided in this analysis is intended solely for educational and informational purposes. It does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Always conduct your own research or consult with a qualified financial advisor before making any investment decisions.
Let's talk about Patience !!This stock on the chart just looks flawless but in reality, it is a stock that will test your patience to at least get 50% returns. Price action wise it shows a very promising setup, in 2021 coming out of a 10 year consolidation and again consolidating for over 3.5 years. It has 50 MA support on monthly and currently looks good for a good returns.
CMP: 9.50
Target 1: 15
Target 2: 20+
Time frame: 0-2 years
Disclaimer: Trade at your own risk
Banknifty 1 hour Levels (S/R)# we mark Support and Resistance on the charts so you can check..
To analyze Bank Nifty (a major stock market index in India) on an hourly basis, you typically look at various technical levels to guide trading decisions. Here’s a basic approach for determining these levels:
Support and Resistance Levels:
Support: This is where the price tends to find buying interest and bounce upward. To find this, look for recent lows or areas where the price has previously stopped falling and reversed.
Resistance: This is where the price tends to find selling pressure and reverse downward. Identify recent highs or areas where the price has stalled and reversed.
MGL : Best Bearish setup : Long term Resistance zone Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Broadening Triangle Pattern
📌 Symbol/Asset: MGL
🔍 Description: Stock is around long term resistance zone.
and on a smaller timeframe stock is on the resistance of broadening triangle pattern.
One can take short position from here.
This is the best short trade setup for now !!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
neutral to bearish toneVEDL is neutral at the moment with both bullish and bearish signs
1. a long term 600%+ rise - bull
2. 51 % correction from top - bear
3. classic bull divergence between rsi and price - bull
4. minor hidden bearish divergence between rsi and price
5. a down flag/pennant consolidation
6. RSI is in downtrend
the price is moving with contracting bases challenging the resistance forming an ascending triangle but it got invalidated by a sharp fall, a sell on rise till the resistance taken out decisively.
Banknifty 24-Feb-2023 intraday Trade analysisBanknifty- Volatile day, profit booking happened today. 39500 is weekly support. If hold here the next it can break 39500.
Flat Opening - 40200 = Hourly resistance, if it breaks then it can continue upmove but will face multiple resistance. Momentum could be slow.
Gap up - 40500=Resistance, it can go up to there and then if any -ve price action formed, will sell it. If not big gap up will buy on pullback only.
Gap down - Downtrend cont. but due to cont. move it may be slow, 39500=target if goes down will sell it. Buy if price action forms.