Trianglepattren
APOLLOHOSPChart 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.
INDIA BULLS HOUSING FINANCE : SHARP VOLATILITY CONTRACTION - India Bulls Housing Finance has suffered a rapid fall and now price has been trading in a range.
With upper range at 300 and lower range at 85-90 levels.
A Sharp volatility contraction is happening in the stock which can break on the upside.
Check the video for more details , risk reward for this trade is 1:4.
Cheers,
priceNpedia
BankNifty - WaveTalks : Five Elements to WatchGood Morning All,
Traders should watch these Five Elements to plan their trade next.
Penultimate Wave ( Triangular Wave)
Upper trendline
Upper trendline of the triangle shown in the circle can act as support so Index holding 41450- 41500 can push short term upside 41750-41800
Key Level - 41051
1st warning sign for bulls - break of key level
Critical Level - 40800
Most important level to break & bulls have to be extremely cautious
Pattern Unfolding Next?
Pattern which will unfold in next few sessions as it could be last wave (pattern) of the sequence which started from 37386.35 will decide the next course of action.
Once critical level 40800 is broken - Traders have to be careful.
TATASTEEL - Swing Trade - Symmetrical Triangle PatternThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Will BANKNIFTY break the All time High and give us bull trade?If market cross/ closes (for swing/positional trade] above 41840 and makes a price action we can initiate a bullish trade OR else if it couldn't cross this level and makes a bearish price action/candle stick we can initiate a bearish trade






















