Working accordingly our analysis, keep trailing your stoploss, target being green lines, keep booking your partial profit at target, and keep adding positions once target is broken.
Bank nifty falling continously, but it may take A support at the level it has reached (reasons drawn on chart) further move will be considered as more valid if it consolidates at current level for A while. Huge chance of reversal if it shows bullish 1 hr candle closing from support, or the directional move will continue.
Here we are seeing NIFTY of daily time frame, here we can see that candles between two vertical line are clearly in up trend and RSI for the same is showing slite divergence on down side which shows the clear indication that there may be change in trend in future and same did happen, NIFTY is now trading in sideways trend.
Seems to be good RR, 1 black candle (5m) from major zone which acted as good support & gived good move, now most probably will act as resistance.
FederalBank following good technicals some above 92.5, add more above 99, target 110-127. Trade according to your risk.
Keep eye, Nifty is consolidating in channel from last few days, there is high probability to respect trend line again ,keep eye here, go long if it breaks after short consolidation, or go short if it shows bearish signal.
This is stock I've been watching since last few weeks, its responsing to price action perfectly, currently its at bottom of triangle and seeing the overall bull market it may move upward in upcoming day or in few week, it will be A good move to add this stock to portfolio @68 with STOPLOSS @64 or @58(risky-SL). Target of 25-30% may be archived if candle runs...
This level in Nifty is ascting important because it is level of Unpenitrated (VIRGIN) CPR. 22 july
As I we talked yesterday, that the market does not like gaps, its fills the gap & here is the well analyze back tested strategy with 65% of accuracy. Strategy works very good in NIFTY & BANKNIFTY(SCALPING) Here is chart of SBIN (15min) there was budget on 1st feb 2021 & due to positive news for SBIN, stock opened gap up of 10%. Here we have to mark low and high...
Here's NIFTY 50 analysis for 22nd of JULY! This are some important level I prefer drawing before market opening. 1-PDH/PDL:This two level act as important support and resistance, we have marked it with blue horizontal lines. 2- IMPORTANT SUPPLY/DEMAND:Supply demand are usually market on based of higher time frame as marked on chart (RED-RECTANGLE) acts here as...
This is how our beautiful setup got executed perfectly, it has given A breakout just few minutes after I posted the setup, LOGIC behind the trade was that it was consolidating in perfec triangle patter where bulls & bears were fighting and bears won the fight as overall day was bearish and it was gapdown opening in morning. ENTRY: The strength of bears was...
Here is the beautiful and my personal favorite, symmetric triangle, will soon give A break out from symmetric triangle pattern, Bullish target- Previous day low. Bearish target- todays low. Trailyour SL very tightly.
This is how successful setup looks like, market moved in our direction, it has also given us A chance of reentry, though our target did not got hit, but we have earned good points by trailing our StopLoss. (at-35945.50) We need not to trade daily (intraday trade) just trade when market gives us such beautiful setup, you can earn money of 1 month (from 9-5) in just...
On important level, this setup can easily provide 1:2 risk-reward, try to SELL options if possible as the day is of expiry.
Beautiful multi year channel pattern, this stock is following channel since last 2 decades, and being this bull market, most probably it will give breakout from this channel. It has no limit of upward movement once breakout happens, we will have to watch for atleast for A month, add few quantities at breakout, wait for conformation and again add some quantities...
Seems like Federal Bank is about to break an important resistance, showing good volume at start of market, we could probably add some to portfolio if close above resistance. Add after 3.15 PM.
Its best time to enter with very low risk and high reward. Add proper SL