This stock has formed Falling Wedge pattern with good intensity of volume . One can go Long when 346.80 level is broken and start accumulating quantities in systematic way. After it breaks the channel and retest the channel, invest your entire capital per stock that you have allotted as per your total capital.
NSE:BHARATFORG
#BHARATFORG trading bullish and formed ascending triangle.
Levels marked on chart for practice.
Happy LEarning !!
Do Check our today's results and feedback to my direct chat.
AUDCHF had broken previous resistance and trendline as well we can go long during pull back . It is a 1.4.8 R:R trade i would trail my SL
I CAN BE 100% WRONG I WOULDN'T PREFER TO RISK MORE THAN 0.50% PER TRADE
NSE:NTPC
#NTPC shared yesterday and it bagged 2% till now
#NTPC 140CE 22k/lot bagged 🔥🔥🔥🔥
Wish everyone bagged good money with learning experience 👏👏👏👏
Check out the other stocks with levels shared and delivered good results.
Happy LEarning !!
As we analysed earlier today about USDJPY we have a good risk reward setup . Let's see how it works out i don't more than 0.50% per trade nor do i recommend anyone. Good risk management is must for being profitable .
AUDNZD likely to breakout lower time frame trendline . I am expecting to enter during pullback with a sl below previous swing low
I CAN BE 100% WRONG AND I DON'T PREFER TO RISK MORE THAN 0.50% PER TRADE
Falcon Analytics Outlook Nifty 50 for the week ( May 16 – May20 )
Technically on the daily charts we see major support on the downside for Nifty50 index lies at 15560 levels,
whereas major resistance on the upside is capped around 16387 levels.
If Nifty50 index breaches major support on the downside and closes below it, we may see fresh break down...
Infy seems to be moving in a descending channel, looks weak but if breaks the channel in either of the sides then it can offer a good momentum to the breakout traders.
NSE:COALINDIA
Pros-
.Supportive trendline trade is one of them which has a huge risk-reward ratio.
.It is easy to trade compared to others.
.Less complexity in the chart so the charts look clean.
.
.
Cons-
finding the perfect inclined trendline is time-consuming or we can say little bit difficult.
Procedure-
. First, find the trendline with an inclination range...
Gujarat Gas LTD
Stock trading at its strong resistance level & also about to break its 4 month old trendline
Positionally Buy above 570-575 levels, in case of gapup or gap down avoid setup
If price hold on this levels on closing basis, then hold for mid to long term view.
Market may correct more, so beware and do own analysis before taking...
Propel (PEL) / USDT gave breakout from long declining trend line with good support at bottom.
This Crypto Coin is expected to bounce sharply from 0.055 to 0.0925 in quick time.
The expectations will get negated if PEL/USDT touches new low below 0.0448, same can be used as stoploss.
Nykaa (FSN E-Commerce Ventures Limited): currently the stock is roaming exactly on the trendline. 1650 is a key level for downside/breakdown breakout. Closing is important. The bearish flag pattern is showing somewhat in the weekly time frame.
Nykaa Analysis by Breakout Stocks App.
