How we traded with wave Principle Friends I am posting one more My private chart where we used wave principle method for entering
and Booked today making an Amazing Profits of 145 point per lot , which resulted an Revenue of 1,16,000 INR
I am attaching my private chart for your reference
Kindly click to see the unfolding
Thanks
BALKRISIND trade ideas
Balkrishna industries: AnalysisKeep an eye on balkrishna industries as it is has broken inverted H&S pattern + it is at the crucial zone of support in daily time frame.
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Reason to Buy:
1) Formation of inverted H&S pattern.
2) Taking support at crucial support zone in daily time frame.
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Next Safe buying spot would be at 1287.00 levels. Stop loss should be at 1246.15 levels.
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Take trade by considering RR ratio in mind. Wait for retracement.
BALKRISINDA break above 1275 , stock can make a move to 1290 / 1295
Stop loss : 1265
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.
BALKRISIND - Rising Wedge PatternBalkrisInd is looking good inside this rising wedge pattern.
It bounced back very well from recent dip and formed higher high.
Its formation of Higher lows and Higher highs is indicating strength in its uptrend.
Breakout from this pattern from either side may give good momentum.
Disclaimer: The chart provided is only for educational purpose and not a trading recommendation. Consult your financial advisor before taking the trade.