Search in ideas for "INSIDE BAR"
MINDTREE inside barInside bar
Long if PDH is broken with SL at PDL
Short if PDL is brokem with SL at PDH
RBL Bank Wedge Bet + Inside BarInside Bar
Lower Trendline on Wedge
Amazing r: R
OI says short covering yesterday!
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
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.
RELIANCE 1D : Trading Inside BarRELIANCE 1D : Trading Inside Bar
Price is ranging between 1900 - 2050 for last 2 months
Last trade price opened gap up and made bullish inside-bar, staying positive, making a small green bar fully inside the upper wick for previous day's mother candle.
This offers a good probability for long trade with candle bottom at 1910 and top at 1935, for getting RR of 2.0+
Aggressive trader : Buy 50% qty at current price, add 50% qty after 1 trading session if price move in trade's direction.
Conservative trader: Buy 25% qty at current price, add 25% qty after price give pull-back near midpoint of last candle, add 50% after price move above 1st purchase in trade's direction.
LOSS EXIT:
Bottom of last candle
Inside Bar Candle:
The inside bar candle pattern is a simple, effective price action trading setup. The inside bar is a candle in which the body is fully contained by its preceding candle. The Inside Bar formation suggests that the market is pausing or consolidating. The bulls cannot create pressure for a higher high and the bears cannot create a lower low.
Trading an Inside Bar After a Triangle Breakout - ContinuationCentury Textiles - Risk-Reward Ratio 1: 4.80
Long Above 345
Stop-loss 325
Target 438
Century textiles broke out of a symmetrical triangle recently. It formed an Inside Bar today after a strong up move yesterday.
Two or more up days prior to inside days or bar increases the probability of upward momentum to continue after a breakout.
Trading With Inside Bars
Inside bars/days represents volatility contraction and a temporary pause in ongoing momentum.
Inside bars can be traded with the trend or at the time of trend reversal.
There are many variations in Inside bars. I'm not gonna write an article here explaining Inside bars. Just Google it.
The idea is to go long above the high of yesterday's strong up move. Expecting the upward momentum to continue after today's inside bar formation or today's pause in momentum.
AXISBANK - doji inside an unbroken inside bar - high R/RIn continuation of my earlier view on Axis Bank , the inside bar didn't gave any breakout and formed a perfect doji
doji inside an inside bar signifies indecision and congestion. its like a compresses spring going to be unleashed.
A possible way to make the most out of it would be
in equity or futures
buy above 441
sell below 419
In options
buy a 410 PE and 450 CE
you can put the stop-losses as per your risk appetite and book profits as per your convenience
earlier idea a day before, today doji was formed
Thanks Happy Trading
Airo Lam: Inside bar consolidation on weekly time frameAiro Lam is consolidating and forming Inside bar pattern from last 4-5 weeks. Stock is trading near support level and hammer indicating buying strength at this range. Keep on radar for Inside bar breakout. Seems stock will move out from inside bar range soon.
OIL & NATURAL GAS - INSIDE BAR PATTERN!OIL & NATURAL GAS
#ONGC is moving in a narrow range & has been trading in an INSIDE BAR PATTERN from 2 days.
RSI is moving sideways near 50-level.
TT2 Daily and 30Mins trends are Bearish.
As per Inside Bar Pattern Rules:
If the prices break 84.15 with volume & conviction, the next resistance is 85.90/86.65.
The Support is 82.45 or the Inside bar low of 81.10.
If the prices break the candle low of 81.10 with volume and conviction, the next support is 79.50/78.30 on 30mins chart. The resistance is 82.45 or 84.15.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
Vodafone Idea Ltd. - INSIDE BAR PATTERN IN WEEKLYVodafone Idea Ltd.
#IDEA is trading within an Inside bar pattern.
Technical indicators are bullish.
RSI is above 60-level and is BULLISH.
TT2 Weekly Trend is BULLISH.
If the price closes above Inside bar 12.60, the nearby resistance is 17. If the price closes below Inside bar 8, the nearby support is mid-Bollinger band 5.70 on the weekly chart.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
SRTRANSFIN - INSIDE BAR PATTERNShriram Transport Finance Company Ltd.
The stock closed with-in the Inside Bar pattern and faced resistance from the 50 day SMA.
RSI is Neutral.
****TE MAJOR BANDS are BEARISH****
If the price trades above Inside Bar 641, the next resistance is 720.
If the price trades below Inside bar 597, the nearby support is 532 on the Daily Chart.
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
Avanti Feeds Ltd. - INSIDE BAR PATTERNAvanti Feeds Ltd.
The Stock is trading with an Inside Bar Pattern for the last 8 trading sessions.
Traded volume is increasing.
Technical indicators are mid bullish.
****TRADINGEDGE TIME-TREND INDICATOR is BULLISH in Daily.
If the price trades above Inside bar 428 next the resistance is 200DAY sma(450) and 100DAY sma(477) support is Inside bar low 397 on the daily chart.
KEEP AN EYE!! #B+
#tradingedge_academy #SMTA_Institute
Tata Motors Ltd. - INSIDE BARTata Motors Ltd. is trading within Inside bar pattern for the last 3 sessions.
Technical indicators are mild Bearish now.
Price can move either side if price closes above Inside bar 93.75 next resistance is 106 and if price closes below Inside bar 74.80 next support is swing low 63.50 on the weekly chart.
INTERESTING MOVE EXPECTED FROM YES BANK ,INSIDE BARS TRADING .1 ) NO 1 BAR ID MOTHER BAR OF NO 2.
2) NO 2 BAR IS MOTHER BAR OF NO 3 AND 4.
3)NO 4 BAR IS A SQUEEZED BAR.
4) EXPECTED BREAK OUT OR BREAK DOWN OF THIS CONSOLIDATION IN COMING DAYS.
5) WHILE CONSIDERING BAR 1 IT IS BEARISH BAR INDICATING DOWN TREND OR TREND REVERSAL OF ITS PREVIOUS TWO BARS.
6) INSIDE BAR TRADING TECHNIQUE MAY BE APPLIED HERE WITH PROPER STOP LOSS.
7) GO LONG WHEN PRICE BREAKS HIGH OF BAR 2 WHILE STOP LOSS AT LOW OF BAR 2 AND VICE VERSA.
8)HIGH OF NO 1 BAR WILL OFFER RESISTANCE TO ANY POSITIVE BREAK OUT AND LOW OF NO 1 BAR WILL OFFER SUPPORT TO BREAK DOWN.
9) OTHER SUPPORT AND RESISTANCE DEPICTED IN THE CHART.
NR7 DAY AND INSIDE BAR DAY FOR APOLLO HOSPITAL1)Some appreciable move expected .
2)Divergence between oscillator and price
3) Bar on 19/07/2019 is bearish engulfing of previous bar.
4)It happens to be an inside bar and coincidentally NR7 bar, hence we expect some good movement in coming days.
5)But question is upside or down side?
6) we should adopt inside bar trading strategy here.
7)It appears to be down wards due to divergence.
8)short it at the break of previous days low that is of 18/07/2019
with stop loss some ticks above high of 18/07/2019.
9)well you have to reverse your position if stop loss is triggered.
10)trade safely wish you good luck.