There are two possibilities here : 1. Either the stock will continue the trend but the volume doesn't suggest so. 2. The weak hands will start exiting at current levels as it's a good resistance level. Wait for some retracement to start building the position. Better to buy as close as near the key zone level.
The Trade is based on the following observations : ~ Continuous support on the trendline. ~ Potential low volume retest on a key zone level. ~ Retest candle is a potential hammer pattern. ~ RR > 1:2.5 The chances of trade playing out are 70 % (premium members are already triggered) DO NOT MISS !
The Trade is based on the following observations : ~ Testing the same key zone level multiple times. ~ Potential consolidation formation. ~ Sellers have very low volume. ~ Retest candle is like a Bullish Engulfing pattern. ~ Summer Season + Real Estate Cyclicality Proxy Play. ~ RR > 1:3.0 The chances of trade playing out are 70 % (premium members are already...
The Trade is based on the following observations : ~ Broken a multi-year resistance with high volume. ~ Potential flag and pole pattern formation. ~ Sellers have very very low volume. ~ Retest candle is a Pin Bar Formation. ~ RR > 1:2.0 The chances of trade playing out are 75 % (premium members are already triggered) DO NOT MISS!
The Trade is based on the following observations : ~ Broken form a channel pattern. ~ Potential low volume retest. ~ Retest candle is a Pin Bar Formation. ~ RR > 1:3 The chances of trade playing out are 70 % (premium members are already triggered) DO NOT MISS !
The Trade is based on the following observations : ~ Moving in a channel pattern. ~ Low Volume Selling. ~ Long bottom wicks seen as before on the key support zone. ~ RR > 1:2.35 The chances of trade playing out are 80 % (premium members are already triggered)!
Hi fellow trader, I have marked all the points I have considered and can see accumulation volume in the trade. It is a high reward low risk trade if played well post the channel breakout. Keep your charts and mind clean! Shoot any doubts if you have. Regards, Abhishek Singh
Category: Bullish Flag and Pole Pattern Key Highlights: 1. Sharp Bullish move visible. 2. Price taking support from one of the key support levels. 3. The reported earning are 40% YOY+ which is definitely positive with the increasing retail participation. Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your...
Category: RSI Oversold (Higher TF) + Retracement Zone Key Highlights: 1. Bullish market structure on RSI Bullish Divergence 2. Price taking support from one of the key support levels. 3. A lot of things are going on in the backend of the company in EV Transformation and is set to pickup in some time. Disclaimer: This is NOT investment advice. This chart is...
Category: Fibonacci Retracement Key Highlights: 1. Bullish market structure making HH-HL pattern. 2. Price taking support from one of the key zone levels. 3. Bullish volume is higher and weak non-patient hands are getting out. Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own...
Category: Oversold RSI Reversal Key Highlights: 1. Support from the gap and support zone. 2. RSI shows the price to be in the oversold zone. 3. Strong big wick hammer pattern. Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Abhishek Singh (@Abhishek_TradersSin) ~ Middle-class IT...
Category: Triangle Breakout Key Highlights: 1. Bullish market structure on HTF. 2. Bullish flag and pole/triangle pattern consolidation happening. 3. Bullish volume is higher and weak non-patient hands are getting out. 4. Direct beneficiary of the increased equity share. Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only....
A good Risk: Reward Trade can be played in the Hero Moto Corp. Please calculate your Risk Appetite before triggering the trade!
Thank you for tuning in! Safe traders can enter post the triangle pattern breakout and aggressive traders can buy 50% now and add more post breakout. Any doubts are welcome in the comments section !
Hey Lupin seems to be in a range, keep an eye. A good move is expected post breakout !
Hi All, As visible, the selling volume is not sustainable. It's a High RR trade! We can see the Doji forming along with a Hammer Pattern on Daily TF! Buyers should kick in soon. Any questions? Feel free to reach out to us! Abhishek, Jago Niveshak Team
I have added all the required details in the page and it looks like a flag and pole pattern breakout along with falling wedge pattern. Can bet good on it ! I am in !
UPL can break the falling wedge pattern and make an up move soon, keep on the watchlist. Do follow for new ideas !