Bajaj Consumer is in sideways and ready for a big moveBajaj Consumer is in sideways and ready for a big move
Reasons/Traits :
• Bearish Bat harmonic pattern is forming (gets activated if price goes and stays above 265
• Price is in sideways since few weeks
• Price is revolving around 13/20/50/200 EMA
• Big movement can be expected from stock which are in sideways since long and hovering around all EMA’s
What can happen next :
Scenario 1 : Price sustaining above 265 levels can take it to 270/280/290/310/325 levels
Scenario 2 : Price break down below 250 or the trend line can take it down to 245/230/220/210/200 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
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Sideways
Nifty-50 │ 11-11-2021Hello, Guys! Nifty-50 Is on Bearish Trend
Date:- 10-11-2021
Nifty Closing :- 17982 { ( Near- Closing) 3:30 PM }
SIDEWAYS MARKET :- { NEGATIVE CLOSING } 38 POINTS
MARKET MOVEMENT :- 20 To 39 Points
STOP-LOSS :- NO Stop-Loss, Enjoy The Ride
Guys This is R&D ( Research And Development ) Purpose Only.
I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
Thank You For Making Trust And Don't Forget To Support Me!
NIFTY-50 │ 09-11-2021Hello, Guys! Nifty-50 Is on Bullish Trend
Date:- 09-11-2021
Nifty Closing :- 178088 { ( Near- Closing) 3:30 PM }
SIDEWAYS CLOSING :- 15 POINTS ONLY
STOP-LOSS :- NO Stop-Loss, Enjoy The Ride
Guys This is R&D ( Research And Development ) Purpose Only.
I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
Thank You For Making Trust And Don't Forget To Support Me!
Banknifty │ 09-11-2021Hello, Guys! NSE: BANKNIFTY Is on Bearish Trend
Date:- 09-11-2021
Nifty_Bank Closing :- 39426 { ( Near- Closing) 3:30 PM }
SIDEWAYS CLOSING :- 20 To 50 Points Moment
STOP-LOSS :- No Stop-Loss Enjoy The Ride.
Guys This is R&D ( Research And Development ) Purpose Only.
I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
Thank You For Making Trust And Don't Forget To Support Me!
ibull for short term buyTrade based:
* Day tf based on support market moving.
* hr sideways. when market break the sideways. it will reach the next level of resistance
reliance side ways to bullish breaked the downtrend linein 1hr time frame it has breaked the downtrendline and it is at support region and round level at 1 day time frame best time to enter
risk 0.50 % or should this support round level
Target of 2 -3 % 2575 around will do good
manage your risk accordingly and position sizing
Dmart uptrend to sideways Dmart is at important support accumulation zone + RSI divergence + ready for retracement along with possible continuation of uptrend
entry: 4510 around
sl = if breacked the support zone then exit
Dont ever take more than 1 % risk
target : 3% - 4% 4650-4700
take with your risk to reward ration and dont have more greed to hold after 4700 if it breaks the higer lower then u might enter again but control your greed and exit with 3-4 % profit
AMARAJABAT bullish to sideways Amarraja this stocks if moving in vertical direction . Any stock in the world cannot sustain straight slope of uptrend or downtrend
Wait for macd buy indication in 1 hr time frame and entry min 2.5 % for btst 2 days not more than that
If someone can take short position of PE go for it better to keep OTM if not at the money will also be fine
position sizing take at your own risk factor
TECHM side ways to uptrend Target 2-3 % profit
entry around 1368
This a BTST and Swing trade Max period of 2 trading days dont hold for long
when you get profit exit this make like Higher lower position
when after some days it will break the higher lower then time to entry for 5-10 % return but for now 2-3 % will be idle
Dont keep taget more than 1395-97 as 1400 will act as round level and also resistence forming higher low postion from 1400 so be carefull
IF you got capital then short 1360 PE for Very Good profit
Lupin uptrend to sideways Lupin has done Very good correction in this month but the chart looks high slope for downtrend which could sustain as it need to satisfy the
demand and supply . Now its in perfect place for retracement can retrace upto around 975
Golden opportunity for swing trade 2-3 days will do it but followed by strict stoploss
Take position only after getting buy indication form MACD indication in 1 Hr time frame signal
stoploss below todays low 914 ( never take loss more than 1%)
target = > 3.5 % + (idle 3.5%)
# Don't Greed more than this as to go uptrend it need to form "W" pattern so Dont take risk of expecting more
Berkshire.B accumulation ZoneStock is in a good zone to accumulate with a good investment plan.
•Moving average is starting to show Bullish movement.
•healthy consolidation, Fibonachi Shows good support at 0.5 and .0382.
• company with strong fundamentals and value.
Accumulate now and wait for the breakout.
If its a reverse pattern, red confirmation candle could be the stop loss.
How to trade in and out of a sideways range?Horizontal price movement is seen when the powers of demand and supply are roughly equal, thus forming a "sideways trend". This usually occurs during a period of consolidation before the price continues a prior trend or reverses into a new trend. A sideways trend is also sometimes referred to as a "horizontal trend".
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An important indicator is volume, which usually remains flat during a sideways trend as the bulls and the bears balance out each other. A surge in volume is seen when the breakout or breakdown is expected to occur.
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Ways to profit from a sideways trend :
1. Typically traders will try to capitalize on breakouts or breakdowns, to try and ride the momentum in the direction of the break, thus generating profits. But breakouts are prone to failures, so a more prudent approach can be to wait for a re test of the level price broke out from and then initiate the trade.
2. If the price regularly rebounds from the support and resistance levels as can be seen in the chart, traders may try to buy the security when it nears the support levels and sell it when the price nears resistance levels.
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Now, as we can see that the price of IGL was bouncing around in the sideways channel. It failed to move past 545 on 09.04.21 and 11.06.21. Similarly it bounced back from 500, at 5 occasions, on 25.03, 06.04, 19.04, 30.04 and 21.05.21. It finally broke out above 545 with above average volume on 29.06.21 and soon made a high of 584.
It travelled almost the width of the range after breaking out as is expected. And then it started pulling back and has touched the top of the range. A continuation candle with strong volume has occurred now.
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A long can be initiated with the following levels in mind if the price sustains above the "LONG ABOVE" level for 15 minutes.
LONG ABOVE: 548.70
STOP LOSS: 534.80
TARGET 1: 562.60
TARGET 2: 576.50
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Trade your plan and manage your risk effectively.
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Death crossover done, what next in Bitcoin?Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Death Cross Confirmed in 1D Chart ✅
So far Bitcoin is Moving Inside the 34-41k S/R Range..
RSI indicator is Making Lower Highs Since 8th Jan (Downtrend)
If Daily candle Closed Below the 34.5k Support, Bitcoin Might Retest the 31k Horizontal Support Area 📉
A close above EMA200 (41k) invalidate the Death Cross‼️
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