FINOLEX CABLES : BUILDING FOR UPMOVE. NSE:FINCABLES
An ascending triangle is forming on FINCABLES
It may act as short term bullish reversal as if it breaks the high of the peak,
It's unable to break it in the previous 4 attempts and the range is getting narrow, has strong resistance at 430 level for almost a year.
Wait for breakout then enter.
Always define risk in prior.
For educational purpose
Not a Trade Advice or Recommendation.
Do your analysis or Consult your Advisor.
Traders
Accelya Solutions India ltd Short Term Oppertunitynote guys this is not a buy recommendation
sell side below 800 level
💢forming descending triangle
💢interesting buy from promoters in the last year
💢expecting an upside breakout
about the company
✨Accelya Kale Solutions Is a Software solutions provider to the global Airline and Travel Industry.✨
thank you
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what type of trader🕵️♀️ are you ?✨SCALPING TRADER :>
The main advantage of scalping is the ability to gain profit from small price changes within the shortest time frame possible, which is often amplified by a larger position size. This is an intra-day type of trading which means that positions are closed before the end of the trading day or session
✨DAY TRADER :>
A day trader buys and subsequently sells financial instruments within the same trading day, which means all the positions that he creates are closed on the same trading day. Due to the short-term nature of day trading, there is less risk involved in it as there’s no risk of something happening overnight to cause a big loss.
✨SWING TRADER :>
Swing Trading is a strategy that focuses on taking smaller gains in short term trends and cutting losses quicker. The gains might be smaller, but done consistently over time they can compound into excellent annual returns. Swing Trading positions are usually held a few days to a couple of weeks, but can be held longer.
disclaimer - personal view
4 MOST COMMON TRADING PERSONALITIES 1.The Quick and Silent Sniper-
The sniper is a trader who has a lot of patience, who sits quietly and waits. At their side are the predefined perfect conditions for entry and exit. The sniper waits and waits for specific levels.
*2. The Scalper-
This type of trader is very aggressive.
They find themselves in many intermediate levels in the range of the rally cycle and often try to exploit and take advantage of many trades, expecting to make low profits.
*3. The Artillery* Barrager -
Bust out the big and loud guns for these guys.
These are traders who go with trial and error and just put as much out there as possible. They go on a specific level and then try multiple entries around key levels until it works.
*4. The Hobo ( or Trainhopper )-*
Imagine you’re in the wild west at a train station. A train just began to leave when you see someone run up alongside it with their bags slung over their shoulder.
The train speeds up, but they manage to toss their belongings in an open door. They pick up speed and haul themselves in as well.
disclaimer - shared whats read and learnt