MSUMI | Small range breakout - Looks good for 15%MSUMI | Small range breakout - Looks good for 15%
CMP : 64
SL : 61
Target : 73
1:3+ risk reward setup
Supply_and_demand
#ETHUSD # SELL PLAN Eth usd 1118 to 908 .... bear run continuation to the downside . Over all bearish market major break market structure and supply coming above . falling major demand levels.. thanks..
𝗡𝗜𝗙𝗧𝗬 𝟱𝟬 𝗙𝗢𝗥 𝗦𝗪𝗜𝗡𝗚 𝗧𝗥𝗔𝗗𝗘. NIFTY FOR SWING TRADING
NIFTY IS TRADING NEAR IT'S CRUSHIAL
LEVEL,
SELL NIFTY IF IT BREAKS THE CRUSHIAL SUPPORT LEVEL
AND BUY WHEN IT CROSSES THE 200 EMA BY BREAKING IT'S PREV 𝗛𝗜𝗚𝗛
ALL THESE LEVELS ARE MENTIONED ON CHART..
𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥:-
THESE CONTAIN IS FOR EDUCATIONAL
PURPOSE,
TRADE ON YOUR ON 𝗥𝗜𝗦𝗞
• Trade On Side of Market And if you find that trend is weak then you can exit before target.
Wait For Retest Of Previous Day Close Or Nearest Support/Resistance In Case Of Big Gap Up Opening.
• Wait For Breakout Before Entering A Trade.
Levels Are Adjustable In Running Market
• Wait For 15Min Candle To Close.
• Wait for Your Levels Before Entering A trade.
• Do Your Own Study Before Taking Any Decision All These Charts Are For Learning Purpose.
DO YOUR OWN ANALYSIS BEFORE ENTERING THE TRADE...
#CAD CHF BUY SETUPPossible buy above 0.77200 #cad chf waiting for validation entry point. Price reacted from previous resistence turn to be a valid support and overall bull market expecting continuation to upside. thanks.
Nifty POC Levels and Trading Range Update for 08.06.2022Hello Trader. If you like the idea, do not forget to support with a like and follow.
Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing .
MUTHOOTFIN | Consolidation near resistance + RSI - Potential 10%MUTHOOTFIN | Consolidation near resistance + RSI Breakout looks convincing for 10%
CMP : 1374
SL : 1330
Target : 1520
1:3+ risk reward setup
BHARATFORG | Channel breakout - Looks potential for 15%BHARATFORG | Channel breakout - Looks potential for 15%
CMP : 720
SL : 685
Target : 830
1:3 risk reward setup
BSOFT | Simple Supply & Demand + INHS pattern - Potential 15%BSOFT | Simple Supply & Demand + INHS pattern - Potential 15%
CMP : 486
SL : 460
Target : 560
1:3 risk reward setup
M&M | Simple trendline breakout - Looks potential for 15%M&M | Simple trendline breakout - Looks potential for 15%
CMP : 840
SL : 700
Target : 960
1:3 risk reward setup
NIFTY INTRADAY SUPPORT & RESISTANCE LEVELS FOR [31-05-2022]NSE:NIFTY1!
nifty was trending on 30-05-22 and has retraced a little in an uptrend we will try to capture follow up move.
Nifty analysis important levels are marked on the chart.
please always trade with stop loss to avoid big drawdown.
"if you "If you would like any more information feel free to DM me"
Happy trading & keep learning
A huge wedge pattern with long consolidation in betweenThis pattern has 250++ bars or 1 year+ data.
it is sustaining above fib level 0.5 or 360-365.
There is a supply-demand conversion zone( golden) where it may face resistance.
Entry should be after a bullish candle at the golden zone or above 400(round level).
Next, there is hidden trendline (dashed) , which will act as a resistance.
How to trade?
initiate trade with a less quantity(60%) at the round level & when it touches the hidden trendline, retrace back to the 0.5 level from the previous swing
, and add more.
medium-term targets- 460, 520
SL-just below fib 0.5 level.
Happy Swing trading
EURUSD is on Buy now, Don't miss to take Buy on RetracementHi Guys, EU is on Long Buy now with small Retracement in price action. Don't miss the opportunity. This is my Swing Trade Analysis for the week. Happy and Safe Trading.
Note: Always trade with proper Risk & Money Management.
Kindly, Like and comment on my analysis so i can learn and share more like this.
HERANBA INDUSTRIES REVERSAL??Trade Or Invest Wisely.
We Can Just Predict.
Please Like And Share If You Agree With The Idea
Disclaimer: I Am Not A Sebi Registered Advisor, So Before Entering On My View Please Ask Your SEBI Registered Advisor. Profit Is Your And Loss Is Your.
NIFTY for upcoming week (16 May,22 to 20 May,22)nifty fall 650 points from high to low and also closed near previous week lows as well which indicates that there is more pressure from highs and no to very little demand at lows. I will trade as per marked levels on my chart for next week. Expecting a sideways to bearish market for next week ahead.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Nifty monthlyNifty Monthly testing support 2nd time, so probably it will break and go to the next support in coming weeks
range bound between 800-1000it is approaching towards 800 levels, so entry should be initiated 800-815 levels.
In these types of patterns breakout fail most of the time.
Breakout people buy at breakout of this long range but if we initiate trade entry earlier then we will Square off at those levels where 90% of people rush for buy.
Tip & Tricks-
.we must be entry earlier than most of traders.
.range bound, broadening pattern, channel pattern etc. try to not enter at breakout, enter at lower support levels so we can supply at breakout levels to those traders.
Voltas trade updateI analyzed previously that it may take support from support level but today open with gap down.
Range break down with huge gap down. It may be due earning & all but technically, it is weak now.
So now there is no opportunity for buying entry until it will not come into previous zone.
Quote of the day-- Perfect practice make perfect.
Happy weekend.
One more perfect example of roof & floor conceptentry should be initiated at lower support .
it is a low risk risk high reward trade.
SL should keep below green support zone.
Happy Trading
Indusind Bankscript was in a long consolidation below 200 EMA. By giving a huge volume breakout from a wide supply zone of 1000( Big round number/psychological level), we can safely say that a momentum can take place on upside in upcoming weeks.
Enter accordingly near 1010-1015
Tgt for 1130/1185
SL of 950
Though with high volatility in markets now-a-days, and where many breakouts failed frequently and miserably. We should control the position size in such breakouts according to current market structure.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Mid-week Nifty plannifty been consolidating in a broad channel of 17400-16800. I will trade rest of the week according to these levels marked on the chart itself.
Happy Trading :)
Disc: Chart posted only for learning purpose.
TIMETECHNO | Range breakout - Looks good for doublingTIMETECHNO | Range breakout - Looks good for doubling
CMP : 99 (Dip : 90)
SL : 80
Target : 160, 210
Consider deploying a small amount for doubling in few months.
Long Term Debt free FMCG Stock This stock was in downtrend after July 2021 because FII & DII are selling there stake also profit booking as stock has given good return more then 100% in a 1 year.
Bajaj Consumer is a very Old company. It is Debt Free. It is one of the best stock in FMCG sector.
Right Now stock trading between 175-180.
In march 2022 ending & April 2022 first week during this period the volume has been increase so may be new buyers are buying this stock.
So There is good chances that within few months this stock can give 20-25% in short term, while in long term this can give return of more then 30-40%.
On daily time frame the stock in trading above 50 EMA, in short term this stock will trade above 200 EMA so there is good chances that this stock can give a good return.
Target Price is mention in chart.
This is just for educational purpose.
Happy Trading :)
