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BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in ASTERDM BUY TODAY SELL TOMORROW for 5%
NSE:ASTERDM
by Kapil-Mittal
4
CDSL - Dont be a blind bull CMP: 1640 TF: Weekly Observations: Price is closer to the 1.618% fib extension for the 3rd wave on weekly. In the subwaves, either it has completed the v or one more high/equal high is possible after a brief correction.. in either case, I think the top is done on CDSL in shorter TF, Whether it breaks out of the channel and go on to hit the channel top at 1750 levels OR going to come down from the supply zone of 1650-1680 is the thought/question to ponder.. But as you can see, the upside is more or less capped at another 100-200 points (in my opinion) I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NSE:CDSLShort
by Murthy_Santhosh
Real Success Rates of the "Rising Wedge" in TradingReal Success Rates of the Rising Wedge in Trading Introduction The rising wedge, also known as the "rising wedge" in English, is a chart pattern that has a remarkable success rate in trading. This analysis details its performance, reliability and complementary indicators to optimize its use. Success Rate and Performance -Key Statistics Overall success rate: 81% in bull markets Average potential profit: 38% in an existing uptrend -Breakout Direction Bearish: 60% of cases Bullish: 40% of cases Contextual Reliability Bull market: 81% success, average gain of 38% After a downtrend: 51% success, average decline of 9% Important Considerations The rising wedge is generally a bearish pattern, indicating a potential reversal. Reliability increases with the duration of the pattern formation. Confirmation of the breakout by other indicators, especially volume, is crucial. Complementary Indicators -Volume Gradual decrease during formation Significant increase during breakout -Oscillators RSI (Relative Strength Index): Identifies overbought/oversold conditions Stochastics: Detects price/indicator divergences -Moving Averages Crossovers: Signal trend changes -Dynamic Support/Resistance: Confirm the validity of the wedge -Momentum Indicators MACD: Identifies price/indicator divergences Momentum: Assesses the exhaustion of the trend -Other Elements Fibonacci Levels: Identify potential support/resistance Japanese Candlestick Analysis: Provides indications of reversals Conclusion The rising wedge is a powerful tool for traders, offering a high success rate and significant profit potential. The combined use of complementary indicators increases the reliability of the signal and improves the accuracy of trading decisions. It is essential to look for a convergence of signals from multiple sources to minimize false signals and optimize trading performance. _______________________________________________ Here are the best times to enter a trade after a rising wedge, in a professional manner: -The confirmed breakout Wait for the candle to close below the support line of the wedge. Look for a significant increase in volume during the breakout to confirm its validity. -The retest Look for a pullback on the broken support line, which has become resistance. Enter when the price rebounds downward on this new resistance, confirming the downtrend. -The post-breakout consolidation Identify the formation of a flag or pennant after the initial breakout. Enter when this mini-formation breaks in the direction of the main downtrend. -The confirmed divergences Spot bearish divergences on oscillators such as the RSI or the MACD. Enter when price confirms divergence by breaking a nearby support. -Timing with Japanese Candlesticks Identify bearish formations such as the Evening Star, Bearish Harami, or Dark Cloud. Enter as soon as the next candle confirms the bearish pattern. -Important Considerations Always place a stop-loss to manage risk effectively. Be patient and wait for the setup to be confirmed before entering the trade Check the trend on higher timeframes to ensure the consistency of the trade. Integrate the analysis of the rising wedge with other technical indicators to improve the quality of decisions. By following these recommendations, traders can optimize their entries on rising wedges while minimizing the risk of false signals.
BINANCE:BTCUSDEducation
by Le-Loup-de-Zurich
Man Infra cmp 222.90 by Daily Chart views*Man Infra cmp 222.90 by Daily Chart views* - Price Band 194 to 200 Strong Support Zone - Double Bottom formed at 168 to 170.50 Price Band - Strong Resistance Zone at 219 to 223 Price Band to be Support Zone - Daily basis Support at 206 > 188 >168 with Resistance at 231 > ATH 249.30 - Volumes had spiked over past few days but Resistance Zone is acting as a good hurdle - Price Breakout above Falling Resistance Trendline and well sustained above Support Zone
NSE:MANINFRA
by PIYUSHCHAVDA
Aaron Ind Short Term TradeThe level around 310 has been a strong long term resistance, The stock has been in consolidation stage since the last four months, Also currently the stock has formed a small cup and handle like pattern, and now a breakout has occurred through these levels The volume has drastically increased on and after the breakout Sudden surge in atr is also visible After the breakout, resistance has turned into support thus conforming the breakout Thus, for a short term trade, tgt 383, sl 317
NSE:AARONLong
by zenni_10
Crisil: The Credit Rating Agency is Set for Significant Growth! The price is currently on an upward trajectory, characterized by a series of higher highs and higher lows. After hitting resistance around the 3,740 level, the stock price pulled back but found strong support near the 2,700 level. It then bounced back and surpassed its previous resistance. This breakout was significant, as it emerged from the Rounding Bottom pattern that had formed during the consolidation phase. Following the breakout, the stock price stabilized just above the breakout zone for a while. Then, with a dramatic surge, the stock reached an all-time high of ₹6200. However, a wave of selling pressure caused the price to drop back to its trendline support. At present, the stock price is steadily climbing, indicating promising growth potential.
NSE:CRISILLong
by GoodluckCapital
SHARDACROP & DBCORP: Two Bright Spots in a Challenging MarketSharda Cropchem ● The stock price is evidently experiencing a robust upward trend. ● After a brief consolidation phase, it developed a Rounding Bottom pattern, and following a breakout, it has surged to an all-time high. ● The increasing buying volume suggests that the stock could continue to rise significantly. D.B. Corp ● The stock price is currently moving within an Ascending Parallel channel. ● After reaching an all-time high around the 404 mark, the stock experienced a pullback to its trendline support level. ● Having rebounded from this support, the stock price is now poised for upward movement.
NSE:SHARDACROPLong
by GoodluckCapital
2
Nifty is Ready to Short for 23000 and BelowHow's the josh Trader?? If you have followed my earlier prediction i was totally Bearish on Nifty since when market was going UP. Nifty have Fall about 350 points from tomorrows high and Moving towards 0.618 Fibonacci retracement. (Which is 23167) So, 0.618% will be My entry point to Short Nifty and target would be around 23000, we will be soon towards our target.(TAKING TRADE IN MONTHLY POSITION) Towards 23000 we may face 2 Supports i.e. 23700-650 & 23350-400 Range. But this time it will Break and Move towards 23000 and Below. So, Sell Nifty @ 24160-180 Range Stoploss @ 24250 Target @ 23650/23350/23000 NOTE : This is For Educational Purpose , please refer to your Financial Advisor before taking any Trade, I am Taking this Trade because I am Responsible for My P&L. HAVE A GOOD DAY TRADERS.
NSE:NIFTYShort
by Trading_Bulls0000