The Essence of Technical Analysis
At the heart of trading lies technical analysis – the study of price action and market behaviour through charts and technical indicators. This method helps traders identify trends, patterns, and potential reversal points in the market. By understanding the past and present behaviour of the market, traders can make educated...
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...
#TDPOWERSYS trading above Resistance of 228
Next Resistance is at 309
Support is at 146.20
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
A great opportunity to enter long after the presence of this clear morning star after a small retracement in the uptrend in daily chart
But in trading nothing works 10 percent .so,a decent stop loss in place.
Description:
📈 TDPOWERSYS: Riding the Momentum of a Strong Uptrend! 🚀
Prepare to embark on a profitable journey with TDPOWERSYS, a stock that's riding a robust uptrend. Here's why this trade setup deserves your attention:
Key Points:
📊 Entry Price (in Rupees): Consider entering the trade at Rs 250, positioning yourself for potential gains as TDPOWERSYS...
MOMENTUM TRADE
TDPOWER SYSTEM
Symmetrical Traingle pattern breakout
High volume
Above 50 EMA
T1-163.5 (As per Fibonacci Retracement)
T2-200+ (As per Fibonacci Retracement)
SL - 128
This chart is only for educational purpose
Do your own study before taking any trades
> fibonacci retracement @50% on a trendline
> this pattern also happend previosly (marked)
> go long at least 8-10%
> SL below horizontal support, this is also a rotation period, so its a strong support
Stock Name - Td Power Systems Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 250
#This is not Buy and Sell recommendation to any one. This is for...
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...
TD POWER SYSTEMS weekly and daily uptrend channel breakout. And day closing is bullish. If opens above 193 and sustains above in daily it will reach the first target 226 and next 257
Engaged in the manufacturing of Ac generators and electric motors . Company is reducing debt with zero promoter pledge. Stock is moving closer towards its 52 week high. Moving through a parallel band now . Broken the resistance level and retested back . Again its bouncing up from its support level or trend line to break the upper trendline of the band.
Engaged in the manufacturing of Ac generators and electric motors . Company is reducing debt with zero promoter pledge. Stock is near 52 week high. Moving through a parallel band now . Now broken the resistance level.
