infy looking goodswing trade in infy above 1560, infy going long along with nifty we can grab the opprtunity
Swing
Falling Wedge Realm - Price Action AnalysisIn a daily time frame, Deepak Nitrite has been observed in Falling Wedge Pattern Structure
The falling wedge is a bullish price pattern that represents a story about the market in which bulls are preparing for another push. A falling wedge pattern is bullish, although it appears after a bearish trend.
The falling wedge pattern works as both a trend work as a trend reversal and a trend continuation pattern.
If the falling wedge appears in a downtrend, it is considered a reversal pattern.
A falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place.
In Current structure we can see that the price has been higher than the 20 MA level ,which is good sign for Bullish and also price has sustained above the support level along with good volume accumulation.
Currently, Deepak Nitrie is at 1919.40 Rs, If the pattern continues , the price of Deepak Nitrite might reach the 2360 Rs level . If the trend reversed, then the price of Deepak Nitrite may fall to 1720 Rs level
tata steel breakout and consolidating above chart it self explaining all,
if we want to put trade here
there can be trade with cmp 945
for the target of 1090
with very small SL of 924
INVERSE head and shoulder in HINDPETROWe can initiate a long swing trade in hpcl if it gives closing above the levels of 245 forming an inverted head and shoulder pattern.
It's a high dividend paying stock as well so one can think of adding some quantity in the portfolio. A trend reversa NSE:HINDPETRO l could happen.
BitcoinIt has been observed that BTC normally correct somewhere around 75 to 85% from its resent high on a monthly time frame. Thus it is good time to build the opportunity.
Long FSL if closes with a green candle on 106-103Able to sustain trendline breakout . SL below trendline, immediate target for swing will be 115. Lets see where it goes
TUBE INVESTMENTS Small Tradethe market situation is quite difficult. I found this stock which is quite bullish. I have shared the analysis as there I will there for everybody.
Happy Trading!
SWING TRADE IDEA OBEROI REALTY 20 JULY 2022Keep the stock on radar, if it breaks out the resistance tomorrow, wait for the confirmation of the breakout and buy at 3:15 if the breakout is confirmed. Targets are given in the chart.
Trent short term for buy.Trent market strategy.
Marekt form a sideways pattern and also it was broken in hr tf.
in 15 min tf looks like a Double bottom and also in hr tf market form a swing pattern. when market break the pattern plan to trade.
ACCWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
BHARAT ELECTRONICS_BULLISH MOMENTUMBHARAT ELECTRONICS moving towards uptrend in Rising Wedge Pattern and also its seem like a inverted typical head & shoulder forming. so, keep concentrate for breakout confirmation. In daily chart, if price open & close above the trend line. Pattern will activate then it will move towards upward resistance.
TATA CONSUMER swing 15-18JulyIt broke a major resistance level with decent volumes. I took a 1:2 position at 3:29 PM just before closing. First tgt- 826.15 and if it crosses that level then 2nd tgt-857.65.
However you can also take a position after 9:30AM on 18th July 2022.
Small trade opportunity in ONEPOINT.Small trade opportunity in ONE POINT. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reverser immediately.
Target 1: 14
Target 2: 16
Stoploss: 11.60
Happy Trading!
Small trade opportunity in PCJEWELLER.mall trade opportunity in PC JEWELLER. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reverser immediately.
Target 1: 42
Target 2: 48
Stoploss: 30
Happy Trading!
Edelweiss ,Trendline + resistance Breakout with good volume.breakout with good volume, gives a double confirmation as it broke both trendline and resistance. Trail first target to 59.10 and if breaks go for 1:3 tgt at around 64.95.
Swing trade setup for CIGNITECHAs you can see beacutiful divergence i s find in RSI as well it closed above today so its clear and good chance for entry tommorow
Buy above 504
Target first--600
target second -650
sl- 480
Trade is for education purpose trade on your risk
trade risk reward is 1:5
Swing trade setup for Bank of barodabuy above on next postive candle of the day at pull back near 106
target 1=116
target 2-120
sl -100
trade 1:3
for study purpose only trade on ur own risk
Small trade opportunity in MONTECARLO.Small trade opportunity in MONTECARLO. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reverser immediately.
Target 1: 900
Stoploss: 730
Happy Trading!
Positional Pick(Larsen and Toubro)The Stock has given a breakout from a falling wedge kind of pattern and also formed a bottom in higher timeframes.
Can be Brought At CMP from targets of 1670(Swings) and 1740(Positional Basis).
Fundamentally, Stock is very strong could be a nice time for investing (Short to medium term).
Trent short term buyMarket hr retracement + 15 DB formation + 15 MIn trend line acting.
if market break the resistance and DB then enter the trade.
INDOCO WATCH LONG SIDE TRADE MAYBE +10%NSE:INDOCO
TRADE LOGIC LONG SIDE TRADE. | MA CROSSOVER.
TRADE DETAILS | On Chart
More Details later maybe
