BECTOR FOOD LONGLong Bector Food above 820 after the BO of the resistance area.A very high probability that 50 EMA as well as channel support would be taken. All important levels are marked on the charts. This is for your educational purpose only.
Tradingview
Siemens longLong siemens. All important levels are marked on the charts. Add the stock in your watch list. This is for your educational purpose.
Star Pharma to take long entryLong Star Pharma. All important levels have been marked on the charts. A clear pole and flag pattern formed on the charts. Avery high probability that after breaking out of the pattern lead to good results. This is for your educational purpose only.
Ganecospher to take long entryThis stock is in a high uptrend on weekly as well as monthly time frames. Also, the stock is forming HH and HL. The Stock has also formed a channel. A very high probability that the stock will move upside from the current level above 1100 for the next target price of 1200-1250 with SL of 1045.
Engineers India longLong engineers India above 116 Target 122-125 SL 111. Short-term trade idea. Good risk to reward trade. At support levels, the bullish green candle has been seen. High probability that the stock will turn around from the area of value. This is for your educational purpose only.
Grasim to take long entryHigh probability that the stock of a Grasim to take pull back from the trend line after the sudden downfall. A bullish candle can be seen on the charts. Long entry above 1730 for the target price of 1750-1780 can be taken. This is for your educational purpose only.
WOCKPHARMA TO TAKE LONGLong wock-pharma above 250 for the next target price of 280-290 with SL of 236. The stock is forms HH & HL. RSI above 60 levels.Bullish momentum in the stock. A very high probability. keep the stock on your watchlist. This is for your educational purpose only.
Pardeep PhosphateLong entry can be taken after the BO of the resistance area. This stock forms the HH & HL. Also RSI level above 60 on higher time frames. Good risk to reward trade. This is for your educational purpose only.This is for your educational purpose only.
PIDILITE to take long entryLong PIDILITE above 2620. Add the stock to your watch list. Good risk to reward trade. The stock has taken the support of 50 EMA levels. A very high probability that stock will turn up. This is for your educational purpose only.
Risk managementRisk management is an essential aspect of trading, and TradingView can be a helpful tool for implementing risk management strategies. Here's a step-by-step guide on how to do risk management in TradingView:
1. Determine your risk tolerance: Before you start trading, assess your risk tolerance level. This will help you set realistic goals and determine how much risk you are willing to take on each trade.
2. Define your position size: Position sizing refers to the amount of capital you allocate to a particular trade. It should be based on your risk tolerance and the size of your trading account. TradingView does not provide direct position sizing tools, but you can calculate it manually or use an external position sizing calculator.
3. Set your stop-loss order: A stop-loss order is an order you place with your broker to sell a security if it reaches a certain price level. It helps limit your losses in case the trade goes against you. In TradingView, you can add a stop-loss level to your chart by using the "Trend Line" tool or by manually entering the price level.
4. Utilize take-profit levels: Take-profit orders allow you to lock in profits by automatically closing a trade when it reaches a specific price level. You can set take-profit levels in TradingView by using the "Trend Line" tool or by manually entering the price level.
5. Monitor risk-reward ratio: The risk-reward ratio is the ratio of the potential profit of a trade to its potential loss. It is advisable to have a positive risk-reward ratio to ensure that the potential gains outweigh the potential losses. TradingView can help you calculate and monitor the risk-reward ratio by measuring the distance between your entry point, stop-loss level, and take-profit level.
6. Use risk management indicators: TradingView offers a wide range of technical indicators that can assist in risk management. Popular indicators include Average True Range (ATR), which helps determine the volatility of a security, and the Relative Strength Index (RSI), which can indicate overbought or oversold conditions. These indicators can help you assess risk and make informed trading decisions.
7. Regularly review and adjust your risk management strategy: Risk management is an ongoing process, and it's crucial to regularly review and adjust your strategy as needed. Analyze your trading performance, identify areas for improvement, and adapt your risk management approach accordingly.
Remember, risk management is a personal process, and it's important to find a strategy that suits your individual trading style and risk tolerance. TradingView provides valuable tools and features, but it's ultimately up to you to implement and manage your risk management practices effectively.
XAUUSD 4Hr Bear Market structureXAUUSD 4Hr Bear Market structure Full idea
The current price Running XAUUSD is 1930
As per Fibonacci retrace tool the price is almost reached 50% retrace area
Now the seller zone is 1930 to 1938
The structure is almost complete
Major 1st Choch at 1970
Major 1st BOS at 1932
Here is major 2nd BOS meet-up area is at 1896
then target and retrace area is 1866
Thanks for watching
SELL NIFTYSell nifty below 18660 for the target price of 18625-18600-18580 SL 18690. Trend line BO as well as RSI negative divergence. Lower low and lower high are seen on the charts. This is for your educational purpose only.
NSE Britannia – The Last Move of CorrectionTimeframe: 4h
As per the chart, Britannia has accomplished the sub-wave B of wave (4) and started forming wave C.
If the price breaks down the low of wave c at 4314 , Traders can sell for the following targets: 4266 – 4236 – 4214 . A trade should only be initiated after a breakdown has occurred.
There are two price clusters where prices can reverse:
Wave C can be accomplished at 0.382 Fibonacci retracements of wave 3 at 4214.65 . Wave A=C at 4187 . As shown in the chart, it forms a cluster range.
Wave C can occur at 0.5 Fibonacci retracements of wave 3 at 4114 . Additionally, a correction occurs near the previous wave.
RATEGAINRATEGAIN:- Stock is about to give breakout after 1.5 years keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BTC has took the LQTook this Short on BTC
BTC has took the LQ, Now it will trap all the long position.
We can see a massive sell from these levels.
Before that we need to a Change of Character,
i took this risky short, lets see how it plays out.
Voltas stock in bearish modeLook Weak chart of Voltas. The chart is forming LL and LH. A very high probability that stock will breakdown the support area. can take short entry below 745 for the next level of 700-690-685 with SL of 770
Nifty 22-06-2023Today we have a mix view Wait for forming proper suport or resistance dont jump directly
Quick Scalp BTCRisker trade, as we are taking counter trend.
We have reacted our Volume Imbalance, Expect to reach other Volume Imbalance.
Short Scalp from the OB with Aggressive SL
BTC Back to $10k?? The BTC is trading the 6month in Bullish Fair Value Gap, thats why it is bullish right now.
But if it the 6month Candle Stick Fails to Close above the 6month Fair Value Gap, then we can see the Bear Market for 2024, 10more days to go to form a new 6month Candle.
Also there is a Volume Imbalance, which market has to Balance before going up.
Higher Volume Imbalance Act as Magnet in the Market.
NOTE -
Big Panic Sell might happen in BTC.
Be-careful while Investing Longterm in BTC, Market maker are taking Liquidity to Short and play Against to your Long Position.
DON'T FALL IN THERES TRAP.
BTC is really Hot right now!!!!There is a Volume Imbalance in the BTC, We can see a short sell from this POI.
keep the SL above my supply Zone (risky one).
Right now the market has reacted to sellside OB,
if this OB fails to hold, then the price will come up to my Supply POI,
after grabbing liquidity from the OB we can see a good reacting from the Supply POI.
Let's see how market deliver the price.
TATA Investment to take long entryLong Tata Investment. All Important levels are marked on the charts. Keep the stock in your watch list. This is for your educational purpose only.
