LupinLupin broke the resistance on 14 Aug with big green candle. Following days, after retesting the bottom of channel, it started its move up, might test the top of the channel which may coincide with the next resistance near 1070.
I am no expert, if someone maybe a learner like me or an expert have different opinion, ll be glad to see that view.
WE LEARN TOGETHER WE GROW TOGETHER :)
Tradesetup
SRTRANSFINWe see SRT forming a triangle pattern on daily chart, down move was expected to retest the bottom of the triangle and today as the nifty and bank nifty fell, it too gapped down and after retesting the bottom, it is forming a hammer type of pattern, if the final daily candle maintains hammer pattern or any bullish candle, then it might continue its journey upwards from here, Lets see... Market is supreme...
Intraday Triangle Breakout on BankNiftyExample of a bullish symmetric triangle breakout on BankNifty as observed on the 15 min charts.
As the price moves between the converging trendlines, the point closest to the tip of the triangle, presents a good entry point to go long. The stop loss for the trade was the previous swing low and the target was the day's high. Giving a good 80-90 point profit, with a risk of only 30 points. 3:1 RR ratio.
Burger Paint BUY or SELL ? Detailed Analysis !Hii Guys
This is your friend KANISHK
Watch this video till the end, because i have told a very important part (strategy) of my trading technique.
I have discusses everything for burger paint and cleared the view that, do we have to buy this stock or not?
Please follow all the steps discussed in the video and then take your decision after confirming the trend.
Target 550
Stop loss: Below the previous swing
and ride the trade till the target get achieve.
ENJOY YOUR TRADE
THANKS
This was KANISHK (8954002500)
Signing Off
INDIABULL HOUSING & FINANCE Long position ??Hii this is trader Kanishk
Today IBULHSGFIN is trending in on my Radar
and i am going to take a long positional trade.
YOU CAN ALSO
Target 254
Watch this video complete then take decision.
wether BUY Or SELL.
this is a bear market phase and this is not the recovery this is the bullish trap .
so please always take trade after managing your risk reward .
Guys let me know you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio more than this . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Guys you can also follow me on twitter for any queries.
Century Textile Triangle Setup !TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
June Series Option can be tried.
Wait for entry setup, if available then Long/short.
Reward is 7-8 Times
BANKNIFTY looking Bullish !! BUY OR SELL ? Today's viewHii this is trader Kanishk
This is BANK NIFTY
my views on bank nifty today is to buy it after a small retracement.
this is a bear market phase and this is not the recovery may be this is the bullish trap .
be careful buy or sell after managing your risk reward.
Please watch this video complete and follow all the steps .
Please do the multi timeframe analysis during these type of phases .
Guys let me know you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio more than this . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Guys you can also follow me on twitter for any queries.
BANK NIFTY 22 APR 20 ONWARDS: TRADE PLAN 2This trade plan only activates when bank nifty follows the TRADE PLAN 1 published earlier this morning.
Important levels are mentioned on the chart. Reversal downward is most likely between 22/04 1400hrs to 23/04 1030 hrs.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
Short trade in CIPLAThe Pharma sector is been pushed up based on the idea that due to corona the pharma sector will benefit. But one can certainly say that there is no structural or fundamental change in the business. Hence I think this rally in pharma is only temporary.
Based on the delivery % and depending on the total traded quantity. I think from 13/04/2020 the stock will start moving down toward 488.
total traded quantity was increasing from past two weeks but the delivery percentage kept on decreasing.
This was followed by a shooting start candle stick pattern near the resistance.
Where is the Bottom of the SBIN? - (daily & weekly)Hello! Friends,
I can come with new research an idea but, before to start talking about technical Let's share your LOVE by giving me LIKES and COMMENTS. Thanks in advance.
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"" DAILY CHART ""
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correction wave -106 (100%)
impulsive wave -177(in contiuating)
--> LH and LL are confirmed after the impulsive waves. After completing the impulsive wave, the correction wave will start for first target 211 - 230 and 244-258 shortly. Impulsive wave more than 70% extended than correction wave which is great for next correction wave.
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"" WEEKLY CHART ""
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Fair value with the parallel channel,
an excess
gravitation line will attract the price shortly
A project of for a reversal but till not confirmed.
This is simply to draw your attention, ITC.This is simply to draw your attention , ITC.
Low - 134.85
CMP - 151
CMP - Low = + 16.15
Logically speaking, there is a risk of losing 30% and reward 70% for investors as following trade setup:
Buy @ 148, and 2nd Buy @ 136 nearby with stop loss below low.
The final target for a long run level 220 above, and easy target at 178 .
Technically, We will get a price of this stock again 135 nearby shortly to attract the eye for investors.
Footsteps of APOLLO HOSPITALS and Rhythm.A parallel drawn support and resistance line. Remarkable point: this stock always been seen in a Rhythm . if Rhythm holds the same, then definitely Investors will take a step between 1038-1008. Final support is at 924 if breakdown 1000 below or closed.
The point to be marked: Whenever there is a change in normal / avg. volume , stock takes U-turn which is positive for long sider.
Suppose to investors take their step to enter in it, then normal target 1183 and 1249 nearby .
--> Before take an entry, you must look at the 30min chart. If possible I will update it shortly.
Trade setup with risk and reward rate on HUL.In the last update, I told you to short sell this stock at 2221 and 2245 and the price was fallen up to 2102 (missed target 2083). Again we are seeing a bounce back in price 2270. Let me create a sample of trade setup for you:
Trade-in steps:
1st step to trade short side 2290 nearby
2nd short sell will be at 2315 nearby
Suppose achieve both trades, then stop-loss should be above 2340 above (which is so far). the first target is easy at 2195 nearby.
Another scenario: price fall below 2200 and closed below it with the heavy volume, then target 2143 and 2083 again
Risk and Reward rate is very high in this setup .
Reliance Ind. tails and volume, price fallen. Series of tails , means are existed still. Volume with price fallen was existed by investors.
Next Support 775 and current support 885 nearby. I suppose to take target downward at 778 nearby shortly. if price fall below 884.
Careful for holding this stock below 884...