Dixon TechAfter a good consolidation period the stock is ready to give breakout. one can start accumulation. Also entire IT sector is starting to move which can lead not only pump in IT stocks but also a good moment can be expected.
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Trendtrading
Long on "Larsen & Toubro Infotech Ltd."Logic behind the Trade
1. This scrip has bottomed out after staying there for a long time and in recent trading days it has started an upward movement
2. Recent bullish momentum was seen and after a small retracement & it was followed by a bullish engulfing candle which shows a further bullish momentum continuation
3. RSI above 50 now thus showing strength buildup
4. Gap between 200 EMA and 50 EMA has started to narrow down and also candles are closed above both EMA's
Today Nifty 50 Intraday AnalysisHello Everyone,
Today India Vix is below 13,
In my view, we can't get a big move and Momentum ,
after 3 might be.
The Day for Sellers not For Buyers.
Here we see the trending line forming from 3 days,
On Friday, we can see Premium decay.
So made some setup, where we can see the movement of nifty in easy expatiation on the chart with Scenario 1 and Scenario 2.
After All the market is bullish!
if the candle closes below 18420. Then it goes down to touch 18370 (but it has to show some momentum and India Vix has come near to 15 )
Let's See Where the Market Goes.
Thanks,
Please like and Follow.
Double bottom pattern on NIFTY on 25th NovemberDouble bottom pattern formed on 15 min timeframe. You can buy a call option on 18495 and can achieve the target of 18532 if everything goes well. But put strict stop and loss as being NIFTY approaching 52 week high.
stop loss can be put at 18445~
My suggestion would be not to hold your long / short positions by looking at the current market scenarios.
Please do your analysis before investing.
Cheers
Bajaj finance chart dailywhere do bajaj finance go first ? What do you think ?
1. Bearish H&S is forming break below neckline. it will fall.
2. It will rise from Support zone.
3. It is forming a continuation pattern, it will rise after breakout above trendline.
4. it is making a bearish pattern descending triangle, it will fall.
Please do comment your answer.
my vote goes 2 option.
Note : only for learning, not a trading tip.
Make or Break BitcoinBitcoin briefly topped $20,000 on Tuesday, hitting its highest level in more than a week, but is still struggling to break out of its tight trading range.
With another U.S. Federal Reserve interest rate out the way, traders may be positioning themselves for a peak in U.S. dollar strength, which would be positive for bitcoin. BITSTAMP:BTCUSD
JSW Holdings LtdThe chart is self-explanatory.
upside potential > 20%
TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
You can check the link for related ideas.
Clear Buy IOC @70 With Sl 65 Holding Period Should Be Big Clear Buy IOC @70 With Sl 65 Holding Period Should Be Big
5 EMA and 8 EMA Trading Strategy
This is the simple strategy that uses 5 EMA and 8 EMA indicators.
Best works in Trending Markets, and worst in non-trending markets. Here’s How this strategy works:
If the faster EMA (5 EMA) crosses the slow EMA (8 EMA) to the upside then its sign of an uptrend.
If 5 EMA crosses 8 EMA to the downside, Its a sign of a downtrend.
Amarajabat multiple breakouts stay tuned! YES!!! this is a trend reversal
18 months old trendline breakout
Huge volumes at breakout
Breakout after numbers
head and shoulder breakout above 588
Above 50 ema
Above 200 ema
Wait for a confirmation of resistance breakout and we can go long!!!
Breakout after a year of consolidationNSE:PDMJEPAPER - Range Breakout and strong trend indications
Trend Analysis :
Taking support at 50% we are moving aggressively to the upside breaking out from range. While the paper sector is performing great, this is my pick for a mid-term trade.
Though I might be a little late to post this, I still have high faith in this.
Chart Summary
> Breakout from range
> Strong trend
> First Target can be 55
> T2 can be 60 (Height of consolidation zone and Fib 1.27%
Invest at your own risk. I'm up for a healthy discussion, Comment below to start one ;)
RISING TREND - EXPLAINED
Education
Rising trend line:
Rising trend line is the type of trend line which helps a trader to identify the bullish moment or bullish range (Upward Trend).
The rising trend line or ascending trend line should be connected from the last lower of the asset value to the last highest value or price of an asset.
The rising trend line should have multiple prices touched to be considered as valid, (at least 2 price point touches).
Traders may anticipate trading pullback where confirmation come, they can use additional indicators to have clear understanding of right entry point and exit points.