Unitech was the stock which was going at a speed of >400 KMPH in a road, where many many real-estate companies already driving, to win the race. The people on-board enjoyed the ride. Many people became MTM (mark to market) millionaires, especially the fully exposed people who had only 2-3 companies in their portfolio. Some people get on-board feeling...
We can see inverted H&S pattern in nifty with good risk reward ratio. If tomorrow on 8th feb 23 market breaks the trend line then just after the breaking the level of 17780 we can enter into a long trade. Target 1850 stop loss just below the swing low.
Hope for the best👍💯
we have a 1D buy strong support that means a buy signal at 1d Time frame. looking for an entry in lower time frame here i can see a potential entry before london session to get in lower time frame at lower spreads. recheck yourself and get the entry. #Growtogether
Angel Broking is a stock which has rallied from its IPO like crazy. Insiders activity is suspected in the rally. No signs of the stock correct due to it's firm financials and fundamentals and due to surge in volumes, I think a rally is here. Potential upside is seen. If the stock doesn't reach the target till the line I inserted exit it.
Supports to be made stop...
TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
**Retailers Vs Institutional Trading.**
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 8-10 times.
This setup can be used for taking an intraday position, long or short, as the price shows its action. The setup is just my idea, please your own analysis and risk management for taking the position. Avoid taking a blind trade. Open to healthy criticism and feedback :)