EXPLANATION : This is a 15 min time frame chart of NIFTY . It has been in a sideways for day and formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the...
EXPLANATION : This is a 15 min time frame chart of BANKNIFTY , It has been in a sideways for day and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on BANKNIFTY . If brake the trendline we plan to short , target will be pending small gap .
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***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
An H4 demand zone with good price action (SMFC) that hasn't been tested. Break of structure on the 1Hour time frame with a possible shift in trend while keeping in mind the news (red flag) creating volatility. Created a good reaction off the point of interest :). Experts in this strategy please feel free to be as critical as you can and point out if there's...
Our expectations regarding the formation of a false breakdown are confirmed by the impulse growth. At the moment the price is consolidating before the continuation of the ascent of quotations, investor sentiment is at neutral levels. The key resistance will be at 5.579.000, its overcoming will open the way to the new targets.
Altcoins:
We highlight TRON and HIVE...
Our expectations regarding the formation of a false breakdown are confirmed by the impulse growth. At the moment the price is consolidating before the continuation of the ascent of quotations, investor sentiment is at neutral levels. The key resistance will be at 5.579.000, its overcoming will open the way to the new targets.
Altcoins:
We highlight TRON and HIVE...
GMR infra has done a breakout on 52 week high and also it is on daily high Fibonacci retracement level 0.5 has been crossed with good volume Should touch approx. Fibonacci level one and 1.25
Bank Nifty is currently stuck in no trading zone (NTZ). These areas are usually distribution or accumulation zones. whenever, it is trying to touch the upper part of NTZ then upside is expected. But, since yesterday, it is moving downside and touching lower band of the NTZ. Usually, these move means we can expect a small correction in the market. Levels for the...
Coming out of the initial VCP pattern the breakout didn't sustain, then the stock went into a climactic sell-off. Again stock trying to form a VCP pattern and triangle consolidation should move higher if the broader market and realty index supports it.
VCP BASE FAILURE LOW CHEAT ENTRY
Volatility Contraction Pattern playing out in PFC, some key power, energy, and financial stocks moving well gives more confidence and conviction to hold on to the trade. SL will be around 12-15%
PULLBACK ENTRY
EXPLANATION : This is a 15 min time frame chart of BANKNIFTY , BANKNIFTY taking support from trendline we plan to short below this trendline price closing .
RSI is in takes a support
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