* After a long consolidation finally stock breakout with extremely high volume from its major resistance level ( mentioned in chart) and after breakout stock is pullback near it support level so good opportunity to buy in lower price with managing the risk and quantity management .
The Indicators which I Use for Trading Intraday is,
Pivot Points High Low (HH/HL/LH/LL)
ATR Smoothed (By dysrupt)_BuySell version.
These are all the Indicators which i use for trading Intraday on, FOREX, Crypto, Stocks
The Indicators Mentioned above are Tremendously powerful for booking Profits.
1 minute TimeFrame is best, for taking...
If the price crosses the Resistance line and closes there, and it should create a new candle above the resistance line then Buy.(I,e : Buy above 120)
Expecting Target of 128, 137, 145
Don't forget to apply your own studies before buying.
Thought Process - Price has rejected multiple time from its resistance level of 1900 (at which there is a massive open interest of Call Writers), one it holds 1900 levels there can be a good breakout leading the price to its next round level of 2k.
Trade Plan - 50% positions can be initiated now with SL of 50EMA on a closing basis & next 50% when it holds 1900 levels.
Best Opportunity For Swing Traders💕
Level Mentioned On Chart.
After Consolidation Stock Is Ready For Go
Follow For More Updates @prasanna09
🔺BO On Weekly Time Frame.
🔺 2 yrs trendline break.
🔺Dynamic Support At bottom.
In this video i have tried to explain why the media index looks interesting at current levels. this video has multiple studies like harmonics, chart patterns and moving averages which i expect will appeal interesting to others.
I have been studying stocks for the past couple of months (6 months) to be precise, and have been learning different types of chart techniques.
Have been looking at the Asian Paints stock for study purposes and this is something that caught my eye.
If we consider the uptrend that the stock has been doing and, look at the short term downtrend, can this be...