Tech analysis has been done right .. time to take action with risk management and get the trade on time :) Happy trading :) The violet spots shows the higher lows made with respect to a great consolidation and now a little breakout done near resistance .... tgts are heavy with low risk :)
A wedge pattern is a strong retracement after a big move .... always good to trade on such lvls when broken 50,100 and 200 demas.
Take the trade on 1hr as the same day trend line is maintained on 1hr too , u can go for other timeframes too if comfy with the risk ... i would say a good 20 to 30% UPSIDE IS POSSIBLE if broken for upside ..... if broken for downside = don't take the trade wait for the price to tell what to do next :) Happy trading :)
Buy if it comes out of this range . A big green candle is the sign for A go go :) Remember : Buy only on Days closing time near 3:25 ... Also don't risk all the capital . the % of the candle should be your SL and take position likewise
BUY with a risk of 4% . rewards can be up to 12%
See previous analysis for details on this. this is just an update that this trade is still in no trading zone and ready to be activated
If this resistance zone breaks for below don't sell directly ..... but can buy here for a low-risk high-reward trade ..... Hold for the BO of ascending triangle BO then take upper tgts too .... positional setup will be activated :) Happy trading
ONLY TAKE A BUY TRADE ...... enter on BO above and then hold for the day .. if it stays above the trendline for the whole day take the stock home . see it on D chart then it might give you amazing upside :)
BUY ON CHANNELS downtrend line and sell on its top if it maintains to be above these levels by the end of the month = monthly breakout = u can hold it for a little more :) Happy trading
AMAZING TRADE .... sitting on weekly green trendline .... just broken a trendline from above ... been anticipated for the at some months by me.... also 200dema on 1D chart is a lil far away can be treated as tgt1 but if seen that it breaks 200dema on D chart than a further up move can be seen. Not to forget about the Mother candle made on 30th April created many...
BUY WHEN THE TREND LINE BREAKS. MY ANTICIPATION IS IT MIGHT GIVE A GOOD MOVE BEFORE ITS EARNINGS.
My fav symmetrical triangle breakout ... upper trendline been tested many times and is clean meaning no gap ups above the line and coming down back into the zone of triangle .... a closing above the line on 15m or u can watch for a good risk at 5 min too depends on your RR ratio and RM system. Take the trade as per Happy trading :)
TAKE the trade if it opens a little gap up or sideways and with more than avg volume it breaks the blue trend line + closes above the biggest wick that is near ... take the appropriate risk and rewards will be at least the top orange dot marked and possible upside can also be seen. A breakdown or a gap down = leave the trade. Happy trading :) Don't take the...
The idea is just to see the wider picture what might come ... Happy trading :)
What I see is the drying pressure of bears in 1hr as making Higher lows but at the same time we are getting resistance from the same 15k LVL, nifty is residing on the gapper support and resistance created some days back, Sgx nifty is showing -200 as of now meaning breaking our gapper support lvl + a gap down below the 1hr strong trend line = bears have won the...
Even after a bearish nfty and bnknfty move last session this trade is still not messed up just some new trendline adjustments and here we go again looking for BOB ( buy on breakout ) ///// Keep an eye :)
Buy on 1hr chart if u want an early entry but a safer bet would be on the D chart with RSI above 62 only for no divergence pattern ...... Happy trading :)