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
Trendtrading
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.
Nifty Looking StrongNifty is positively holding its crucial resistance zone near 17400. Today's strong closing near last 3 days high opened the gate for 18000 in coming session for nifty.
In tomorrow's session (i.e.,21st Oct) either a huge gap-up or one side rally (if opened near today's close) is expected.