Wedge
How to get 12% using Swing trading in HONAUT - Common sense👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥
🔥 Common sense used :
📌 Weekly time frame: Make 2 fib from 2 different from one will give you 30% retracement of price and one will give 50% - a sign of extreme bullishness
📌 The supply zone is broken and now converted into a demand zone on those bullish levels as described in the video
📌 Beautiful wedge pattern breakout did and kind of retested too made a bullish closing last Friday too
📌 on 30min TF a good breakout of the consolidation can be trade activation for 10 to 12% from those levels
📌 SL of 3% will be good enough as the buying pressure is making wicks from the downward side
📌 Trade as per your setup now and risk should be well defined and cared too, Good luck :)
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions, and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
Falling wedge pattern tata motor When this pattern is found in an uptrend, it is considered a bullish pattern, as the market range becomes narrower into the correction, indicating that the downward trend is losing strength and the resumption of the uptrend is in the making.
What is a falling wedge pattern? The falling wedge pattern is a continuation pattern formed when price bounces between two downward sloping, converging trendlines. It is considered a bullish chart formation but can indicate both reversal and continuation patterns – depending on where it appears in the trend NSE:TATAMOTORS
Reliance - Ending Diagonal Finish (Sell Below 2100) • Safe Traders
Sell Below 2050 – Target Downside – 2025 / below 2025 –Target -1980-1990/ Below 1980
Target-
1927 / Below 1925 Target – 1890-1900 / Below 1890 Target – 1830 / Once Double Bottom gets
broken then stock may slip to 1650-1700 zone which I have suggested since Oct-Nov2020
• Risky Trader
They can sell if stock holds below 2100 or as close as possible to 2100
• No Trading
If stock crosses above 2100 – we will avoid taking sell or short trades.
Auropharma - Live Market Video - Case of Ending Diagonal / WedgeDisclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Plan A ( Safe Traders - No Buying below 658 on a closing basis)
Holding 658-660 zone - we are open for an upside push towards Target 1 - 685 / Target 2- Above 685 for 695-700 / Target 3 - Above 700 for 730 to 740
Plan B
This is the selling plan when the pattern gets completed which can be done in 695-700 zone if fails to move above 700 or can complete in 730-740 zone
Selling below 700 (strictly) or Selling close to 730-740 zone for downside Targets mentioned below
Target 1 - 685
Target 2 - 665
Target 3- 625
Target 4- 600
Target 5- Only below 600 (Strictly) for 565 -----which takes the support of weekly channel upper end
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Hope this video helped to learn wave pattern which can be highly rewarding if you can manage your risk properly.
Thanks for your precious time.
Nifty - Did You Catch The Bottom at 12088 ?Super Excited to Start This Idea with Marathi Musical Piece - Ghan Othanbun "Yeti" by Legendary Singer - "Lata Mangeshkar Ji" which compliments by Blue Microphone "Yeti". Thanks for your precious time & I wish all of you a lovely & terrific week ahead.
Trading Strategy
Plan A –
Getting an opportunity close to 12200-12225 – Buy with strict stops below 12200 once it halts & stops in this range for Target – 12315-12340
Plan B –
If stops or halts in 12335 – 12350 zone & starts falling below 12335 – Put stops above 12350 for Targets 12200-12225 / Below 12180 strictly for 12110-12125
Plan C-
Getting an opportunity in 12080 -12100 zone (if 12080 is not broken downside) then look for upside Targets – 12225 / 12350 / 12400
Plan D –
Selling from Channel Tops close to 12375 – 12400 ( Be careful in this strategy) –it is only for extreme risk takers- Downside Target is 12100 - 12120 / 11930 - 11950 / 11800-11830 / Below 11800 – 11500 & 11100
USDINR Idea to Buy above 70.35-70.50 - What a bounce from 70.70 for 71.40's (click the idea)
Nifty Last Video Idea - "Stellium Effect - How I cracked the tops at 12295" (click the idea)
Nifty - Is 11461 the Bottoms- Accumulation WedgeShort First & Long Later
Trading Strategy
Plan A –
Selling in 11685 -11710 for Targets - 11650-11660
Plan B –
Selling below 11650 for Targets - 11600-11615
Plan C –
Selling Below 11600 for Target zone - 11525-11540
Plan D –
Buying in 11600-11615 zone with strict stops below 11590 for 11700-11710 & Above 11725 for 11775-11800 & Above 11825 for 11980-12000 & Above 12050 for 12150-12200
Plan E-
Buying from 11525-11540 with strict stops below 11500 for same targets as suggested in Plan –D
Risky Traders Call –
Most Critical Zone – 11475-11 490 can also be used as buying zone for targets 11700-11980-12200.
Picking the Bottoms at 11461 lows
Image
The Last Video Idea - D- Street or Damaged Street - 520 Points Fall -11961 to 11461
TVS MOTORS: Sell 535-532, SL 555, Target 495TVS motor has presented us a very juicy shorting opportunity. On weekly, it has broken a wedge formation. On daily a flag formation has been broken. SO pressure is on the downside. As the broader market is also plummeting, there is a high probability of TVS motors to reach its target and beyond.