QUICK GUIDE - Use 5 minute timeframe - Try to take enters at retest - Use multiple confirmation - Read full description before investing - Try to take ATM options or above Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this...
This is the updated entry setup. Here we can take the long position by placing the minimum target of first green line. High probability trade setup. This is for educational purposes only.
Daily Chart:- ICICI BANK is on a verge of breakout on Daily Chart . Expecting tgt of 1150 in coming days with a SL of 796. R:R is not favorable to enter longs but existing positions can definitely with trailed.
#BAJAJFINANCE is done on upside but is still think it can try for one more ATH before it goes into decent correction till it holds 6438 level. How high it can go? Once it breaks 8192 level, at least 9430 level & can also attempt 10,000 odd psychological level. At the present i have shared support & upside level . Lets have more price action to predict further levels.
AsianPaints was in complex correction since 3rd Jan'22 & breakout out of this range will give us a 1000 point upmove which somewhere falls in btw 4500-4600 level. Complex correction is complete & we can see volume spikes & on lower time frame we can see bullish divergence.
In line with CNXSMALLCAP 100 CNXMIDCAP100 Still have some upside at least till touch of RSI trendline at this point of time. Daily candle is bearish but looking at RSI trendline line , i can see some upside left.
After dropping to 202.8, JIOFIN has started a strong upward move. The second move did not fall below the first move's starting point. The third move was particularly strong, reaching 261.8% of the first move, based on Fibonacci calculations. The price completed the fourth move at 307, which is exactly 50% of the third move. The upward trend is expected to...
As it broke out, I still see upside on chart. CNXSMALL can go make higher in coming days. It may touch RSI trend line.
Sharda Motor Industries on daily chart seems to be in Wave IV that began on 9th July’24 and likely to come down to 2000-2050 levels as seen in the chart. This consolidation can go on for a few months. Thereafter, the stock shall move up as Wave V (in five smaller waves) towards 3700+ levels (a 80% jump over corrected price), also marked in the chart. The stock...
Today before "ADP Non-Farm Employment Change: news big players took the advantage of news and followed ICT PO3 pattern which is ACCUMULATION MANIPULATION DISTRIBUTION ICT power of three is the strategy which exposes the smart money traps for retail traders. ICT power of 3 concept is also known as AMD setup because of the three main concepts accumulation,...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
I make educational content videos for swing / positional trading
Butterfly Gandhimathi Appliances manufactures LPG Stoves, Mixer Grinders, Table Top Wet Grinders and Stainless Steel and Aluminium Pressure Cookers amongst others. Established in 1986, It is one of the largest Kitchen Appliances companies in India. It is a market leader for SS LPG Stoves & Table Top Wet Grinders and a major supplier of Mixer Grinders & Pressure Cookers.
Yesterday ISM Manufacturing PMI data given a dip near 2473 where it seems that xauusd completed its last leg of 5th wave of Y. Now breaking out from the channel and 2-4 trendline will give more strength for upmove.. Important level to watch 2496.. bulls need to sustain upside immediate resistance 2507-09 and 2532 downside support 2473-2470 Disclaimer : study...
Stock has hit all time low during covid fall.Since then it has started an impulse which has so far sub-divided in three lower degree's,there by making 1-2(1-2(1-2)) structure.Reason for taking this price movement as an impulse is every retracement is followed by an advance of more than 161.8% extention of it's prior raise. Hence currently we are in 3 of 3 of...
The stock has experienced a significant correction since February 2021, with a decline of nearly 70% from its peak. Notably, I observed an inverted head and shoulders pattern , recognized as a powerful indicator of a potential bottom. This observation led me to conduct a comprehensive technical analysis utilizing Elliott Wave theory. Upon analyzing the...
Here inverted cup & handle pattern is formed in daily chart, but you see here breakout has happened of this bearish chart pattern which is god-damn buying signal just like we do buy above red candle high or something because in htf this is a bearish candle.
Timeframe: Daily NSE ASIAN PAINTS has been undergoing a corrective phase for about 80 weeks, with its price confined within a range of 3329 – 2938 , excluding excesses. The ADX indicator has declined to 21, while the average true range (ATR) stands at 43. Presently, the price has breached the 20-day exponential moving average (EMA) and is trading below the 50,...