Analysis Criteria Used:
1. The analysis for Bank Nifty & the Swing Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this...
Analysis Criteria Used:
1. The analysis for the Swing Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your...
Long IGL above 435 levels for the target price of 455-460 . All important levels has been marked on the charts. 5 star Trading setup analysis:
1- Star- RSI taken well support at 40 levels sharp V turn.
2- Star- Resistance BO with very strong bullish candle & trading at support level.
3-Star-- After the second BO of marked resistance area well confirmation and...
techincal in chart
on daily and houlry chart price >18>50>200 EMA
concer: evening star formed on daily chart ... (? can we consider this inside bar ?? not sure )
enter at 440 to 445 levels ...
1. volatility is contracting continuously 3 bases
2. price squeezing near a long term resistance
3. price taking support from 20 ema
its a weekly chart so price movement can take long time to achieve target
Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
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1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk...
With gas prices slated to come down from 1st April when the new price calculations come in..Gas supply companies could be beneficiaries.
Long above 452 with a stoploss below 427 or if you have a longer term horizon then 415.
With the compression happening in the price the stock could make a sharp move ahead.
BUY IGL CLOSING 438.25 with stop loss 410 then targets are 494-528-560.
Buying Reason.
1 --> Price thrid time come same point when break with volume then Breakout.
2 --> RSI is ready to cross 60.
3 --> ADX is show the bullish move and +DMI is rise.
4 --> Volume is also show the volume breakout.
IGL looks bullish on 4h chart.
Technical Analysis:
Candlestick Chart:
- Breakout of Triangular pattern.
- Breakout of Resistance at 436.
- EMA 20,50,100,200
+ Moving average lines expanded.
+ All moving average lines are arranged according to their position.
Renko Chart (Brick Size = 5)
- 4 Bricks are printed
+ First 3 bricks formed the...
