Search in ideas for "CANDLESTICK"
Dragonfly on daily NiftyThis candle stick pattern on nifty daily chart has very good success rate.
For dragonfly to succeed we need
1. Existing down trend.
2. Dragonfly doji formation.
3. Break of dragonfly high.
Third condition is what we need to track today.
Also, if we gap up today than it can be a good candidate for abandon baby pattern.
ATGL - Monthly AnalysisIn the Monthly Chart of ATGL ,
we can see that; this stock has been corrected more than 80%.
It is inside a Candle since 3 months.
NOW, it has made a Doji candle in monthly timeframe.
It can form a Doji Morning Star Candle Pattern in Monthly TF or it can fail and we will a new Low's in coming time.
Any stock break out after 5 candlesIf stock opens with gap up or gap down and than makes 5 candles within the range of first candle's high and first candle's low level and if gives break out within 2 hours below first candles low it's a sell signal or if it gives breakout above first candle's high it's a buy signal
Mahindra & Mahindra Entry Point on 23/03/23 positive trade, RSI in the lowest, signaling the end of a downtrend, which means an upward moment can be seen in the immediate term in next one to two days, target price is at 1189, if I enter right now on delivery, 174 is a good exit point, profit is obviously directly proportional to capital so this idea is for those trading with at least 100000/- INR who can make a quick buck playing safely, an upward moment is imminent
Federal Bank - Morning Star PatternFederal Bank - NSE
Morning Star Pattern
Federal bank has created a morning star pattern on its support level 124 to 125.
Might face some resistance around 133.
Next target seems to be around 136 / 139 / 142 levels.
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your capital.
I hope you found this idea helpful.
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Happy & Safe Trading
Nifty Bearish engulfing This bearish candle stick pattern has come at 20DMA. Likely target 17200 ie previous low. Will this be last swing low for this ongoing time correction?
Let us see if buyers are supporting at this level .
Considering this will likely march low and also coming after 15-16 months there will be good low risk long term shopping opportunities coming up.