Search in ideas for "INSIDE BAR"
Jubilant foodwork After giving breakout from symmetrical triangle
Now consolidated for 3-4 days about to give another breakout
With an inside bar candlestick pattern
Which is an continuation pattern
Entry above the breakout level
disclaimer :- this is for demonstration and educational purpose only. this is not buying and selling recommendation
NIFTY- Possible Trade for Today -18-06-2022In the week gone by NIFTY has made an inside bar on weekly charts. However the price action for the last five weeks clearly show buying emerging at lower levels and one can see higher lows being registered in the last five weeks. Based on price action in shorter time frame and also after looking at the FnO data we think the market is likely trade sideways with in the range of 16330-16100 with an upwards bias. Once the index breaks 16300 decisively it can push to higher targets. On the other hand if 16100 is not defended on a closing basis we could see the market moving downwards.
Important levels for the week and day are given below
Bullish Above 16130
Possible Upside targets - 16180/16230/16280/16310/16330
Bearish Below 16080
Possible Downside targets -16020/15980/15940/15900
Disclaimer:
The analysis provided is for educational purpose and the author does not assume any responsibility for the trades initiated based on the analysis. Consult your financial advisor before making any trades
RELAINCE high time for its break out.its stochiastic readings are so low in weekly time frame
even during march 2000 such readings were not there.
Consecutive two NR7 weeks and two consecutive inside bar day and
NR7 day have occurred incase of Relaince.
It has not touched lml of the pitchfork inspite of this low readings in stochiastics.
It appears any positive break out will take it to the median line even break it to travel higher.
Some decisions in case of windfall tax in favour of Reliance will be favoourable for it.
This is my analysis not any trading recommendation.
This analysis will be negated if reliance breaks 2360.
Don't forget to like this post.and follow me to get updates.
Please go through my past posts of reliance attached here with.
BANKNIFTYNSE:BANKNIFTY1!
still market has h gap below but looking to the wedge pattern and market sentiment market can give an upper break and 1 trgt to be 35000 bcz its the low of 1 day inside bar candle
so keep your sl tight
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VENUS REMEDIES swing tradeHi guys
Happy weekend
Venus remedies ltd looking very good swing trade for target 308
CMP 203 ENTRY ABOVE 204.5 Stop-loss 194
Formed inside Bar Candle in Daily Chart
Price available at good support zone (high demand area)
My view are clear for this stock
This is my view I am not recommended to you by this b’coz high risk involved in trading
Thankyou
If you like my view follow me hit like buttons
NIFTYLevels For 03-06-2022
Nifty Making Inside Bar On Daily charts & did not break previous day low taking support around 16420
if it break 16420 levels than possible that nifty will go to fill the gap around 16200 levels
if, Nifty Break 16700 Upper range Than we can see some upside
Nifty Support Zone:-
Intraday 16425-16475
Closing Basis 16400
Nifty Upside Possible:-
16825-16950-17100
Waiting for reaction IEX 15MinThis is my trading journal, not a trade recommendation.
Compression (Inside bar) after Action. If breaks upside from this compression, reaction will be equal to action. To every action there is equal and opposite reaction.
DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
#NATIONALALUMINUM SWING SETUPNSE:NATIONALUM
trade according to support and resistance.
current candle (inside bar) will play a crucial role at this level, so trade accordingly.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
[BUDDHA] MANAPPURAM Inside Bar Trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
[BUDDHA] INDIACEM Inside Bar Trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.