LTTS looks very Bearish.> As we can see in the chart, the Channel pattern has been Broken down with a very good volume,
the Ascending Trend Line(TL) support was very strong as we can see Price took support from that
same TL 5 times in the past.
> After breaking the TL we can see the weakness in the candles, we can see huge rejection from the sellers.
> This is the right time to enter with SL above Tl.
> We will only enter when the risk is very low.
> Without discipline we will never be successful traders/investors, it plays a very important role in this carrier.
Best of luck everyone.
Keep focusing.
Tradingviewindia
IBULHSNGFIN looks bearish ,it can correct 20-25%This wonderful triangle pattern has been BreakDown, we just have to wait for the weekly candle close
which will help us to take a position in this script.
It is always recommended that you should wait for 2-3 confirmation before entering a trade.
I've been waiting for a month, I will only enter when I am pretty sure about my entry.
If it gives confirmation then you can get at least 15-20%.
>Greed is the route of all evils, remember that.
Best of luck to all of you.
TATAMTRDVR TATAMTRDVR (Weekly):- Looks good at CMP 133 for 200 View Invalid Below 100 DCB
1) Huge Volume Seen :)
2) Uptrend Pattern (Pennant continuous pattern)
That's why Price action can do wonders(gave 174% in 180days)Tata Steel gave a Break out(BO) from the Descending channel pattern at 435 level,
as shown in the chart below.
So basically after the BO, this guy went up whooping 173.48% in few months
which is amazing.
Successful traders have a good habit of hold a good script they don't exit until there is a very good reason to sell.
This was just an example of how can holding a good script can do wonders.
Best of luck traders/investors.
> One should only enter when the risk is low.
> Position size plays a very important role.
TINPLATE TINPLATE (Weekly):- BUY ON DIP (197 TO 170) for Target 260 with Stop Loss 145 DCB
1) Multiyear HR Breakout + Retesting Done,
2) Huge Volume Build (Since june 2020 to 28/4/21)