Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
unlike bank nifty in nifty it appears pull back was shallow. after 1 st hour candle we had a pull back which was not deep. This shows inherent strength in nifty. nifty can resume its uptrend. stop loss should be yesterday's low. Incase od bank nifty we had comparatively more retracement. It appears we will have gap up opening in nifty. Don't forget to like my...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
NZDUSD refreshed monthly low, before bouncing off 50-DMA during the four-day downtrend. Not only the short-term moving average but 38.2% Fibonacci retracement of the May-August decline also challenges the pair sellers around the 0.7000 threshold. Should the quote drops below the 0.7000 mark, 23.6% Fibonacci retracement level of 0.6920 and July lows near 0.6880 can...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
It was creating confusion for last 2 days...but now it is clear it has formed an impulse wave one not completed yet. we in in minute wave 4 and if a gap up open buying is to be delayed till the retracement. of up to 61.8% Do your own analysis before any trade execution, this my view not any recommendation. Thank you
Price failed to break the important support level on the daily chart and the price structure is clearly up, so buy taken on the retracement.
Stock seems in impulse wave 5 and the previous supply zone should act as demand zone on retracement. That would be good entry for 0.618 and 1 fib level target as shown with fib low level as stop loss.
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
There are two possibilities for GU. In daily chart, GU is in uptrend, but there is also a chance for a retracement. so waiting for it. use proper risk management. Thank you.
Technical: 1)Breakout from Stage I - Consolidation zone after 19 years with good Volumes. 2)Breakout Retest with Volume dry-up. 3)Reversing from 61.80% Fibonacci Retracement. Fundamental: 1)Posting good Quarterly as well as YoY results. 2)Substantial increase in ROCE. 3)Reduced its Debt and approaching Debt free. 4)Positive Cash Flow. Excellent Stock to look forward to!!
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
HAPPSTMNDS is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback and 38% retracement. A long trade can be initiated on the daily timeframe. Only initiate the trade if price stays above the "LONG ABOVE" level for at least 15 minutes. LONG ABOVE: 1430 STOP LOSS: 1385 TARGET 1: 1475 TARGET 2:...
Important support & Resistance levels marked for Bank Nifty . Kindly use these levels only as Entry & Exit when market trades near these levels and is taking support or facing resistance. 6 Sep Analysis 1. Since, 1st 5 min candle closed below CPR, it created short opportunity will S1 zone marked yesterday. 2. 2nd short opportunity created based on FIB...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
1) Green arrows supports for the price. High chance of retracement. 2) Target price in chart mentioned 3) Increase volume as compare to previous day denotes buying side. 4) Price might go above the TP. 5) Feedbacks always appreciated!