simple ORB strategy....i will buy near EOD if the price trade above the blue line..after enter red line below close candle in D' chart i will come out .....target minimum 12% and above
its just my view educaltional purpose only
It has now been 9 weeks of tight consolidation of ~8% range. Stock is still holding above its previous ATH levels and also its key moving averages. Volumes have dried out. A close above 4000 levels with volume support would be good start for an upward journey. 4800 levels shall be kept as the first target as per the trend based fib. and further price action can be...
Bullish for short term.
Refer the support and resistance line for details.
Above 3075 looks strong. Trading View technical indicators are showing buy signal.
Only for educational purpose.
Target will be resistance line.
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...
CRISIL seems to have completed the correction at least for a shorter term. Wave counting is clearly mentioned on the chart. I request you not to get confused with Wave 2 as it is lower than the initiation point of Wave 1 but visible in Candlestick Chart. As the correction of Wave 2 have been really sharp ie. It was completed in 8 Days with 609 Points of Up move,...
~All the information given in the chart is for the educational purpose only.
~Kindly do your own analysis before taking any trade.
~LEARN MORE--EARN MORE.
1. 100 days rounding bottom with 376 points depth
2. small rounding bottom with contracting volatility at the resistance zone
3. volume spike on candles trying to breakout
4. 52 wk RS and 3 months RS going above zero
5. distorted head and shoulder in rounding bottom
trade plan
wait for candle close above resistance zone
Crisil weekly trend analysis.
> Falling wedge breakout
> 7 months downtrend break on weekly timeframe. (From may 2022)
> Size of the pattern is 890 rs.
> Forming an Inverted H&S Which is bullish pattern.
> Entry break and trade above 3100.
> Potential targets 3223,3424,3626,3840.
> keep will be 7-10% below entry price.
> position size : 10-20% of the trading...
