Here we can see the cup and handle pattern.
A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities.
The price is trading in the crucial level of the resistance.
The price here can take resistance...
#MindaCorp @ 57 | Thursday | 28-May-20 | Daily
- A double bottom formation
- But on longer term it has not sustained it's uptrend
- So, let this first cross 62 levels then will review
#NSE #Nifty #Nifty50 #Sensex #NiftyBank #NiftyAuto
50% retraced 4th wave - 8957
61.8% retrace 4th wave - 8741
Wave 1 and 2, both connected parallel chance for finding 4rth wave. Intraday support 9100 nearby.
Short Sellers: first target 8965-8935 after breaking down the channel.
Next long position Trade Setup have two option :-
Buy 8957nearby with minor stop-loss and,
Last buy 8741 with stop...
Kinnari + Elliott's wave theory
5 + 3 = Waves
The wave A and B in both sets parallel channel and Wave C will be set of mnext 5th Wave.
Elliott’s cycle of the 5th Wave is under-construction. 3rd wave was extensive in price and after it, Two Sets of AB and C with slanting parallel channel.
-> Bottom Out: You have figured out that Wave 4 would normally retrace...
Before the trade, kindly use the rule of margin management for risk.
“There are a number of different types of techniques, and strategies but I used my own and mix research"
I hope you all are enjoying. Everything is plotted on the chart,... LIKE and Comment please.
This video is about blind testing the world's best script on TV and see if it still generates the net profit of 4000-15000% of net profit in just 1.5 years. This means 40 to 150 times of initial investment in just 1.5 years. You can ofcourse deduct the fee/commission part of platforms and some more but still, this is too much. What I have done here is developed a...
There is lot of twists herein:
By the looking left to right, while breaking out the price Congestion we have seen Invalid breakout in price. That why price suddenly fall.
Bullish forget of 3 candles was completely perfect but, again we have seen valid heavy volume candle ...! Something is cooking in this stock.
Let look more closer to the 4hrs chart....
Tails are important for this stock to trade.
Suppose to trade tomorrow 285 above, then buy and hold (Friday)
Tatasteel TimeCycle and Parallel downward channel.
The price is trading at value low which is better to...
Trade Setup for "Swing Trader" :-
Sell 9692-9780 nearby target as 8874-8838 and 8842 nearby
If you can chance, then
Sell, 10086-10333 nearby for target 8874-8838 and 8842 nearby
The U-turn(at 5th wave) clear on Projection in next month. We'll in down-side trend before the starting next month....
This is really amazing that aurbindo pharma is showing weakness symptoms where as sellers are being trapped. In fact one of my followers requested to clear the picture of this stock . Basically he is short with heavy quantity. I do not know the rate at which , he took positions. So this analysis for you...
PVR Cinemas is a film entertainment public ltd company in India. (You know very younger and trend of younger)
REMARKABLE points are the following:
the primary trend is an uptrend.
up trend from 2013 to 2019 (in continuation)
retracement support @903 nearby with 38.2%
suppose, if you have seen 750 in price then fall will -64% fall from the...
For long traders it is advisable that maintain stop-loss 311 nearby and trade. The stock is showing that it will move in a up direction.
----30 min chart----
For short term traders it's a big question is it a break, or price will fall down?
Answer is if price cross 323.5 level it will be conform that the stock is going for...
Lower Bound at 46
Decisive level 45.5
Trade Setup 1.:-
Buy above 45.5 for 1-target 51.45 nearby
suppose to buy in range 46.4 to 46.9
Very low risk
Trade Setup 2.:-
Sell with stoploss of 49.15 above closing bias.
suppose to sell 48 nearby and target 42.5/40.5 and more
Very low risk
Choose on of your best Trade Setup for you from chart identifying.