Nothing is more powerful than trendlines. No Indicators. Purely based on trendlines and price action.
I am going long in this amazing patter with my 50 % of Fund. Let get some profits!
Buy at CMP.
Holding period is 3 months.
Target 30%
SL 15%.
Shift to day and hour for entry.
Hello this is surya from pure trader
In this anaylsis
I have just mixed smc concept with retail traders concept
we have received a choch in 1d and weekly time frame and currently the market is moving too shift the trend to from LH LL TO HH HL
AND THE BEST MOVE TO DO THAT WOULD BE A CONSIDALATION AND WHICH IS CURRENTly BEEN SEEN
the market in 1month tf too...
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c....
BANKNIFTY Intraday Trade Setup For 8 Apr 2022
Buy-Above 37700
Sl-37600
T-37900 38000
Sell-Below 37340
Sl-37450
T-37150 37000 36800
BANKNIFTY has close almost flat today. Closing is near 37500. It opened with a decent gap down about 200 points. We planned to sell below 37500 if opens flat. It gave a small move of more than 100 points from yesterday's closing,...
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a. 25% or...
Suven Pharma is in the business of contract development & manufacturing organization (CDMO), catering to the needs of the global Pharma Industry
SPL engages in NCE molecule development and supply of intermediates. This is a high-value-add, high-margin business. SPL supplies intermediates for four molecules addressing rheumatoid arthritis, diabetes, depression, and...
Key highlights:
- Marked out a few important horizontal S/R levels in order to give a better idea to the new learners.
- Do not trade in between the levels, always trade level-to-level.
- It is continuously taking resistance from 200MA, indicating a shift in apply to higher levels.
- It may soon breakout above 200MA because the supply is getting absorbed.
- Wait...
Buy Tech Mahindra for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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💡Key triggers for future price-performance:
1) Healthy deal wins, traction in communication segment led by legacy modernisation, 5G, customer care, automation, network and cloud to drive revenues.
2) Pruning of low return geographies, acceleration in Europe and improving...
The stock has observed shift of trend as it has decisively broken out past one year “down sloping” channel at 450 levels
This buying momentum was observed from its 20, 50, 100 and 200 day SMA which reconfirms bullish sentiments
The daily and weekly “band bollinger” Jindal Steel & Power Limited buy signals increased momentum to the upside
Rising volumes on this...
Bank nifty after being in a good downtrend has given a weekly close with one of the highest volumes till any past week..very comparable to budget 2021…
As you can seen bank nifty is trading in a nice trading upwards channel..it has touched the previous support or swing high of pre Covid high, oversold in a channel and oversold in the smaller channel as shown by...
about company
• Welspun India Ltd (WIL), part of the $2.7 billion Welspun Group, is a global leader in Home Textiles, supplying to marquee global retail and hospitality brands. Our state-of-the art manufacturing facilities in India produce globally benchmarked products, driven by our differentiation strategy based on Branding, Innovation and Sustainability
•...
Everyone seems to be bullish on Luna, but for me Luna is in a pullback of bearish trend shift, won't go bullish for long term until 103.60 (Previous high) is broken with candle close.
It took out 103.60 with wick but couldn't close above it.
AUDCHF has been on a bullish run lately and expecting more of it on Friday. The ideal scenario would be a swipe of liquidity below the recent lows and tap into an order block. Confirmation of shift in structure on a lower time frame would trigger the entry for a minimum 3R. Lets see how this pans out.
Analysis Points : -
- 76 Weeks of Consolidation
- VCP Formation
- Near Trendline Breakout
- Fibonacci Extension near to its Previous All time high (1st Target)
- Daily chart outperforming Nifty by 3% in previous week this show relative outperformance of instrument vs Nifty.
Note - This view is not for short term trading purpose this is rather positional...
NIFTY may find support in this "Green Zone" for a variety of reasons, which adds to the conviction.
- The NIFTY may find support from the two trendlines that have previously provided resistance. (polarity shift)
- It could find support from the 44EMA on the monthly chart, as it has in the past.
-The NIFTY has corrected by around 25% twice in the last ten years....
