[Intraday] MOTHERSUMI Weekend lvl 7 + Double Inside BarWeekend lvl 7 + Double Inside Bar
Continuously falling from past 7 days and has made two inside bars back to back.
Long above 143.20, SL PDL
Short below 140.10, SL PDH
If gap up or down, follow 5m ORB.
Weekend
[Intraday] CGPOWER Double Inside Bar + Weekend lvl 8Double Inside Bar + Weekend lvl 8
Has been continuously falling from past 8 days. Today made another inside bar with a green candle. If it breaks PDH , then there is a good possibility of a rally.
Long above 37.60, SL PDL
If gap up or down, follow 5m ORB.
[Intraday] NTPC Weekend lvl 6 + Inside Bar + Double DojiWeekend lvl 6 + Inside Bar + Double Doji
Has been continuously falling from past 6 days and today made an inside bar with a doji. We also got to see a doji yesterday.
Long above 139.40, SL PDL
If gap up or down, follow 5m ORB.
[Intraday] MCX Weekend lvl 9 Bounce from 700 lvl + Inside BarWeekend lvl 9 + Inside Bar
Has been continuously falling from past 9 days and today made an inside bar with a green candle. Also it is bouncing from 700 lvls which is acting as support.
Long above 712.95, SL PDL
If gap up or down, follow 5m ORB.
[Intraday] CGPOWER Inside Bar + Weekend lvl 8 Long TradeInside Bar + Weekend lvl 8.
Has been continuously falling from past 8 days. Today made an inside bar. If it breaks PDH, then there is a good possibility of a rally.
Long above 37.65, SL PDL
If gap up or down, follow 5m ORB.
[Intraday] JISLJALEQS Inside Bar + Weekend lvl 8 + Inverse CnHInside Bar + Weekend lvl 8
Also an Inverse CnH which is a sign of bearishness.
Long above 59.75, SL PDL
Short below 57.50, SL PDH
If short triggers, level of 57 might act as a minor support. Take trade according to your risk management.
If gap up or down, follow 5m ORB.
Weekend Quiz - 01Is this an inverted head and shoulders or a cup and handle pattern or both?
Please share your answer in the comment with appropriate reason and how you are going to trade this.
Lets make the best use of the weekend to gain knowledge.
The more you sweat in training, the less you bleed in battle.
