My trade setup levels are created as below in BankNifty Futures for 12th June 2021.
The Key target levels will be at High - 35680, Low 34760..if market breaks these levels, expecting
the market go beyond in double the speed.
Opening will be Flat or Downside
Down move till 10.45 am
Upmove or Sideways 10.45am to 12.15pm
Again Down move...
BUY ABOVE- 1570
SL- 1560 (AS PER OWN RISK)
As we can see on Chart their is symmetrical tringal pattern formed as well as inverted H & S pattern ...so this bullish pattern and can give good upmove ..
BUY : 182 TO 161
TARGET : 238 TO 281
Reason For Buying This Script :
In this script after long rally now it happening some consolidation in weekly . And also forming flag pattern in weekly time frame .
Wait for flag breakout .
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve...
all studies explained in the chart.
Bottom entry missed😥.But no probs still there is an opportunity.💰
buy & add @dips✔✔
trgt mentioned in the chart.
🧩Anytime triangle bo possible.
🧩Promsing chart.Can see descending triangle in the chart.
🧩Volume also increasing.
🧩Good q4 numbers published.
🧩Fundamentally good company.
🧩Recently it touched it's major support.So...
► ADVANCE PATTERN #13 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like &...
RKFORG | Flag breakout opportunity (Small position size please) - Looks good for 40%
Taking based on only technical chart setup - Fundementally slightly weak company as EPS is in negative.
Similar to WELSPUNIND, TATACOFFEE patterns.
CMP : 642 (Dip : 600)
SL : 540
Target : 850
What a beautiful breakout.
Look at the towering volume candles in the last 4 weeks.
Already tested the breakout area on Daily candle.
2000cr Market cap, Vaccine story.
Great order book. Good for 20% return in a couple of weeks.
Could potentially double in the next couple of months.
Axis bank after quiet in consolidation gives an impulsive move ..but still not that strong for long.
Keep this on watch if it shows further moment can trade as per setups.
Risk management is the key.
Never fear Never greed.