######## Demand and Supply Zones mention in the charts please follow the levels #########
The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security
Which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display.
It has been observed on the daily chart that the price action strongly breaks above the triangle formation pattern with a long candlestick that did not have a lower wick, indicated full control of buyers on price action. Now, it shall further move up to all time highs.
It has been observed that the price action powerfully breaks above triangle pattern formation while forming a strong big green candle stick with no wick at bottom, also indicative of a strong buyers control over price action. Now, it shall further move up to make new all time highs.
Short @ CMP 576.6
Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script (https://in.tradingview.com/script/g57JZF9v-Trendshikari-PTS-V1-0/). Key performance metrics generated from TV Backtester are published below (2007 to 2017). Original signal came few days ago but you may enter now as the price is up from the...
Acc trend is positive,
so our trade will only in buy / long side
price coming down to trendline
Keep ACC on Radar.
check reversal near trendline & take trade accordingly that
Also confirm entry with the help of stochastic indicator, No need to enter immediately when setup become
Keep Risk rewaard ratio properly
It is been observed that the price action was trending up after consolidation. Now, it has made a new breakout, which shall take the price action further up to the next resistance levels.
Target : 1460
It is been observed on the hourly chart that the price action breaks and closes above the descending triangle with long green candlestick, indicating a further strong up move.
Risk Reward: 1:1