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
Go Fashion India Ltd (D) Breakout + Retest Candidate Positive Relative Strength Positive Sector Relative Strength more than 70 Buyers Demand A+ EPS > 60
*Reliance getting rejection from its All Time High (2850 levels) *Impulse down move from its ATH & looks like its it correction phase. *Selling pressure can be observed once it breakdown its current trendline. REMEMBER: Perfectly timed entry and exit will give maximum R:R.
Good Morning Everyone, If we observe the chart in 30 min time frame we can see a head&shoulder pattern followed by a beautiful breakdown and an excellent retest to😁. Retest is in the form of one of the triangular patterns. -->Look at the big red breakdown candles. So most people would have shorted CE's or bought PE's. -->If the price breakout of the pattern to...
Good Morning Everyone, If we observe the chart in 30 min time frame we can see a head&shoulder pattern followed by a beautiful breakdown and an excellent retest to😁. Retest is in the form of one of the triangular patterns. -->Look at the big red breakdown candles. So most people would have shorted CE's or bought PE's. -->If the price breakout of the pattern...