Trend Lines
BANKNIFTY at MAKE or BREAK level !!As we can see BANKNIFTY has filled its much awaited gap and can be seen trading around trendline resistance. Now as long as BANKNIFTY trades below the trendline, every rise can be sold till it closes above the trendline for change in trendline for target being new ATH so plan your trades accordingly.
Swing / Positional Opportunity in Star HealthGo Long @ 598.5 for Targets of 640, 697, and 750 with SL 573
Reasons to go Long :
1. On weekly timeframe stock gave Trendline breakout (marked with green color).
2. If we draw Fibonacci retracement from the recent swing low to the swing high then the stock took support from the 0.382 Fibonacci level.
3. In addition to this, the stock formed a Double Bottom (W) pattern (marked with a black dotted line) around 0.382 Fibonacci level.
A decending triangle patterns showing on BITCOIN A decending triangle patterns showing on BITCOIN
A short term 15m tradeing setup showing on BITCOIN
Selling setup
With a risk reward ratio of 1:10
The setup giving clarity to selling because in longterm it's a Down TREND
Also in a pick top lable
And forming a DOWN setup
So according to the combine results of
15minit 1hour and daily chat
And the short term setup
All are of them indicating the same SELLING SETUP
Also cryptocurrencies are follows priseaction in a good way
Follow for more please don't use more than one percentage of your capital
Follows risk reward
Tradeing rules
And be deceplened
Try to be a better trader
Love you all❤️
cgcl swing ideaCGCL looking good made triangle pattern on daily time frame got multiple time rejection on trendline if close daily candle above 226 it will good for swing trading
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
PETRONET LNG RANGE BOUND SETUPThe stock has been consolidating in a range for a quite a long period of time moreover this stock can be a perfect example for range bound trading the range begun in the 2017 year and is still prevailing the 190 levels have been a crucial support zone for the stock and a solid rebound happens everytime it touches that level on the upper side the 271 levels has been a major resistance for the stock if this is broken than a prolonged rally till 350 lvls can be witnessed. additionally if we look at the fundamentals of the stock it shows quite a promising side , the
PE-9.99
PROFIT - HIGHEST EVER
This is the cheapest valued stock in the gas distribution sector and has a growing and a promising future and demand
Nifty500 Analysis: Current state of the market & what to expect.Nifty500 is mainly used for analysing the Market breadth.
We look at the various phases of the market: Bullish, Bearish & Sideways,
We can understand how the Momentum charts give an early warning / indicator for a particular phase in the market.
Presently, the market has given a signal that the current Bullish phase is going to get weaker, but we are not yet Bearish.
The Bullishness is going to continue, but in a stock specific manner only.
I'm expecting a sideways market with a slight upward slope.
Thanks for tuning in.