Structure
Buy Century TextBuy Century Text at CMP with stoploss of 389 for the Target of 475
Study: stock is trading near retesting area of Inverse Head & shoulder pattern.Good Risk to Reward Trade
Breakout and consolidationStock has broken out of weekly resistance and retesting. Long view once price crosses 155
Buy ITCBuy ITC in betwwen 212-217 Stoploss 205 Target 235
Stock is now trading at retesting zone after Breakout...It may take support and bounce from given level
M_M Short IdeaM_M was in uptrend and recently price failed to create New High and made Lower High which indicates it as a double top pattern
Price is currently resting at neckline. It is weak below 790 Level (if fall continue watch out for breakdown and a strong rejection candle during retest)
Buy Jindal Steel Buy Jindal Steel ..Stoploss 292 Target 315-318
Study: Symmetrical Trianle Breakout and Retesting
TATA CONSUMER PRODUCT LTD. Retestedretested from previous resistance. entered at 607 with 1:2 RR
lets see what happens..
Buy LupinBuy Lupin in between 992 to 1000 area Stoploss 960 Target 1050 and above
Study: Stock is trading near retesting level of previous Breakout.It can take support and go up
Buy Hdfc Life InsuranceBuy Hdfc Life Near 668 to 671 area with stoploss of 648 Target 712
Study : Double bottom Breakout and now stock is trading Near Retesting level...
LUPIN Bullish Target 1020Perfectly adhering to the trend line
Bullish View if sustained above 950 in 1hr TF
Can be bought at CMP levels
Target 1020/1030 levels
Stop Loss 875 levels
A proper Break out Just occurred.Wait for the retest and get into the trade and it has more than 70% chance to go on our favour!
Probable Uptrend in Axis bankAfter a huge fall from 763 levels in Feb to 284 bottom levels in March, Axis bank is probably heading upwards.
As marked in the chart initially 447 and 487 in later stage would be key levels to look for.
I'm bullish on Axis bank above 447 levels. 487 would be the first target to look for.
MGL Inside Bar BreakoutMGL has formed a large body candle the previous day followed by a small range DOJI candle on daily timeframe.
The price is moving along a rising trend line & price is currently at the trend line.
The next candle may give a fine move on any side, either respecting the trend line and breaking above or breaking it below.
Long above 1014
Short below 991
Fixed target: 1% (or the nearest S/R)
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Market structure - Nifty - 31st Mar 2020 - wyckoffOm Namah Shivay
Brothers, Today's morning opening was the observation, after the market had done the structure yesterday closing time.
The simple support resistance is able to tell, where market will go after hitting the trend line.
Whether it will go up to test the trend line or not ? For that I need to follow the market structure continuously.
I am completely on the learning and initial life of trading. So to say - I am starting to learn, after mistakes.
Question : 'Om' ( I the soul) is me, then what is the body, is it not me ?
Answer: I the soul is controlling the body from inside, the control parts in Hindi are called 'Indriya'/Sense organs. I am controlling ? How ? How do I seat in the body ? I the soul, stay at the center of the 2 eyes, on a place, called 'Takhat'/Chair/seating place. Where I seat, there definitely I need the control panels to control the sense organs of the body. etc. Hey! this is science fiction. Yes, A science to know - called Gyan/Knowledge. Knowledge of what ? self. Who does it ? A Yogi's first step. Then who is a Yogi.
Om Namah Shivay
Structure of the market - with - support/resistance lines - 2Om Namah Shivay
Learning the Structure of the market with support and resistance lines.
1. Continuously Draw trend lines to know the market structure.
2. Trend lines can be channels …
3. By continuously accessing the simple trend lines, market structure can be accessed
How does the soul ( 'I') look like ? Ans : The soul is a point of light smaller than a dot. That is me the 'I' where the thoughts come from, the judgement power stays, the memory stays in.
Om Namah Shivay
MRF going down - Target to Support area.Trendline has been broken, it will go down further to support area.
More than 2700 points profit.
JSWENERGY short term Long - target 80Accumulation is going on. Price is printing above .618 fib level. Price is printing within narrow range. Entry may be made at bottom of the range near 68.75, keeping SL near 66.9
TRENT DAILY CHART#TRENT
SOMETIMES WE TRY REALLY HARD TO SELECT STOCKS FOR #investments AND FOR #trading
BUT LOOK AT TRENT CHART STRUCTURE FROM LAST 10 YEARS.
NO INDICATOR, NO OTHER ANALYSIS WAS REQUIRED
#NIFTY #StockMarket #stockstowatch #niftywizard
FSL Buy BreakoutFSL has given breakout with Good Volumes. Would go long on market open 2morrow SL 46 Close based. Target Open since stock is on Verge of Breakout on Weekly.
GBPUSD Trading lookout from historical dataFX:GBPUSD is repeating some sort of structure and moves from a consolidation region. A further look into that to see if it does play out like that or not.
