All the details and key levels are mentioned on the chart. Without sure confirmation don't enter long on the breakouts . False breakout and Sell off will be a major scenario. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at...
Axis bank broken out moving towards ATH 870 in uptrend trading above 20 ema fundamental improving keep in focus for study
I know I know I know that price has formed a inverse head & shoulder and all -->But if we observe recent rally there is no profit booking and price is at major supply zone. --> We will get better RR ratio if we short here and if the plan works. -->So Idea here is Sell CMP @812-814 level -->SL - 820 level. Managing the trade: If the trade goes in our way *Exit...
NSE:BANKNIFTY NSE:NIFTY Date:- 18-10-2022 Analysis for banknifty Important support and resistance is marked on chart. Please always trade with stoploss to avoid big drawdown. keep learning, happy trading.
A good place is breaking out at a good price. If you don't buy today, it will be better to buy it at a slightly higher price tomorrow
All the details are mentioned on the chart Till now market showing bullish bias -->There is just one more check box left -->If price can give a closing above previous high and if it can retrace min 0.5 -0.618 % then we can enter for a long position. -->No trade if price comes back without creating a higher high & View will be negated if it cross bellow 40200...
Good Morning Everyone, -->Nifty continued to maintain higher levels and given a good closing -->As I said in Nifty short term view We have to change view once Nifty give closing above 17450 -->Strong Sgx gap up indication & there will be a short covering move possible to the upside. -->From the opening look for buying opportunities 5 min candle range breakout...
All the details are mentioned on the chart -->Wedge Formation breakdown -->SL on 2nd resistance -->Entry on retest -->Overall good setup. Except Buyers are in control till now But this SL worth the shot Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2...
All the details are mentioned on the chart Entry after facing rejection Cons: Against the trend Sellers are already trapped at day's low Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit...
buy @ 195 tgt-230\300\500 ready to buy in this range
Good Morning everyone, Keeping SGX Nifty in mind (17070 levels) Lets say Nifty will have a gap down of approx. 100 points -->Nifty will try to open @ 17060-70 levels -->We will be almost opening near support zone. --> Unless it breakdown 17000 level on stays there for min 15 mins there shouldn't be any shorting . -->After opening, --> If market shows...
buy above 425 tgt-450\500\600 ready to buy on this level only.
Things to Remember: -->I am neither a Bull nor a Bear and I believe in the term "Correction" rather than "Crash". -->No one was correct/is correct or will be correct all the time. -->Particularly these wave analysis may go wrong at anytime that too with a novice like me high chance. -->With the same data / charts available there will be another analyst, he/she...
SRTRANSFIN stands in good position, ready to break out
Closing above the red line will be first sign of bullishness -->IF we get rejection at 0.618 levels in 5 min TF and candle should not close above red line All levels are mentioned on the chart it self. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or...
buy @ 8700 tgt-9000\10000\11000 strong potential is cross level than buy
Good Morning Everyone, -->If we observe price action yesterday, in the second half Nifty started showing bullishness. Price has failed to break previous low and started going up till dynamic trend line. -->So everything together formed big double bottom. -->After seeing SGX Nifty yesterday at 16800 I thought today will be completely different day. But SGX Nifty...
buy @ 67- tgt-110\200 strong undervalue stock good to pick for long run