Search in ideas for "INSIDE BAR"
IRB INFRA Inside Bar formationOne can look at a short term positional trade in IRB infra..forming an inside bar candle pattern, where the & high & low of the red candle are within the body of green parent candle, volumes for red candle are low...enter either on BO, after crosses high of the green candle or at CMP with SL at the low of the green parent candle..Disc; Invested from lower levels for medium term
INDUSIND BANK INSIDE BAR BREAK SUMMARY:-
-keep an eye on indusind bank
-we have a major resistance break on the cards
-it can open up area of 960-1020
-possible inside bar break
-morning low will be our stop in the trade
INDUSDIND BANK SPOT TRADE
BUY@960(wait for closing neat this level)
STOP@940
TARGET@980-995-1010
RISK TAKERS AND OPTION TRADERS
INDUSIND BANK 980 AUG CE
BUY@27
STOP@17
TARGET@37-47-57
DISCLAIMER
*my views are not trade recommendation
*please consult your financial advisor
*do not over trade
*manage risk and manage risk appetite
*for live market update click on the link in signature box
*it my personal channel for live F&O TRADES
#nifty50 Below 200EMA, Inside bar candleNifty made a Doji candle and also an inside bar setup. Nifty also closed below 50/100/200EMA. PCR at 0.57 indicates fear of the downside. Vix at 29.23 indicates nervousness continues. Till the global uncertainty is settled, index will move violently and will lack strength to move decisively. News will be the major trigger. Nifty should tread lower and levels below 16200 could be tested. FII/DIIs net selling of 1277cr will also prevent any chance of lasting correction. CPR tomorrow is narrow and a downward trending market can be expected. What do you think?
#nifty- inside bar candle on weekly chartNifty made a fantastic rally due to spirited buying by DIIs-4100cr, compared to selling by FIIs for 3246cr. Will DIIs be able to support the market tomorrow again? Global sentiments will again dictate much of what happens tomorrow. Its an inside bar candle on weekly chart and a breakdown is likely given that the vix is at 26.7 and markets are clearly unsettled. Trade with caution and hope the 50EMA acts as a support on the weekly charts. What do you think?
Tasty Bites formed Inside bars at supportTasty Bites formed Inside bars at support, It will blast in Next week,
Target1 --> 14880
Target1 --> 15700
SL 12670 DCB
Disclaimer : This stock idea is only for educational & research purposes and is in no way a professional stock recommendation. Please do your own research and consult your financial advisor before making any investment decisions.
Bank Nifty- Inside bar candle todayBank Nifty made a bullish inside bar candle today.
Big positives today--- Despite massive gap down, BN rebounded to close above critical support pivot level of 37457.
FIIs sold massively (-1927cr) against 801cr DII buying =net 1126cr sold by FII/DII.--despite this Banknifty managed to hold the pivot support and made a bullish candle.
CPR is narrow tomorrow (56points width only) so it could add some more strength on downside support for a trend upwards.
PCR however dropped significantly to 0.82 which indicates that option writers are betting on further downside.
FIIs and global cues still seem to favour a sell off....let us see if Bank nifty consolidates and resumes the uptrend tomorrow.
Formation of Inside Bar Pattern in Daily ChartDisclaimer : This is just my view as I am learning how price action works only by watching this particular stock.
NALCO has formed a Inside Bar Pattern on Daily Chart. This might indicate a big move above 91 or below 87.8
Since aluminum index is stable and is more in demand, I feel it’s a long from this support line of 89-90. Might expect a big move if the pattern activates.
Just a analysis, correct me if I’m wrong at any point. Thanks.
ITC INSIDE BAR BREAKOUT POSSIBLE ITC FUT
BUY@208
STOP@205
TARGET-1@212.75
TARGET-2@216
TARGET-3@221
note:-
-stock is breakout out of inside bar formation
-taking support at its 200-ema
-if closes above 209 we will have a 20-ema/200-ema breakout
-itc has great potential on upside
-target can be raised in the future