Today was quite a range bound session until the last hour action in which market made a new high. Broadly the market is moving inside a channel (Cyan lines) and it has been approaching the top of the channel. Tomorrow we may begin with a pullback. A minor retracement may stall at around 10100-10076 PSZ or at the trendline shown in chart. A deeper correction may...
Hit like if you think this observation can be useful. Trade safe, stay healthy. Best Regards Bravetotrade
Today market opened with a gap and faced resistance at 10048 but showed strength and held the first 15 min. low. It then broke out of the resistance, made a new high of 10061, retraced and gave a false beak out of the day's high. After that a tweezer top can be seen along with a bearish pattern which looked like a top for today. But market gave a false breakdown...
Notes on the chart. Hit Like/Comment/Share if you think this information can be useful. Trade Safe Regards Bravetotrade
I don't know why I reverse trade these patterns. But So far it has yielded handsome returns. A bullish bat seems to have been developing and PRZ is still far. The stock has been in a downtrend since June end, so why not take a trade in the direction of this trend rather than waiting for reversal. A small downward sloping triangle seems to be developing. I don't...
Setup -- Bullish Gartley Entry -- Theoretically it is suggested to wait till the price tests the whole PRZ and shows some signs of reversal. Stop -- Swing low below/at the PRZ Target -- 1379; 1384 Hit Like/comment/share if this information is useful to you. Play safe Stay healthy. Best Regards Bravetotrade
This is a theoretical setup corresponding to my educational posts: Please follow, learn and enjoy the price action. Hit Like. Trade Safe. Regards Bravetotrade
Notes on the chart. Hit Like/comment if this information is useful. Trade Safe, Stay Healthy. Best Regards Bravetotrade
Hello traders, Although trading psychology is a vast subject and it is impossible to cover it in one slide yet I have tried to cover some of its most important aspects. Hit Like/Comment if you think this post can be useful. Trade Safe,Stay Healthy. Best Regards Bravetotrade
Notes on the Chart. Hit Like/Comment if you think this information can be useful. Trade Safe Best Regards Bravetotrade
Notes on the Chart. Hit Like/Comment if you think this information can be useful. Trade Safe Best Regards Bravetotrade
Notes on the chart. Hit Like/Comment/Share if you think this information can be useful. Trade Safe Regards Bravetotrade
Notes on the chart. Hit Like/Comment/Share if you think this information can be useful. Trade Safe Regards Bravetotrade
Hello Traders, In my previous post on SunPharma I presented a bearish view. It didn't go as per expectations but gave a bearish engulfing much later at 591. Those who shorted there must be sitting in profit at present. The stock has been observed to be bouncing inside an uptrend channel. I expect it would once again take support at 560-565 levels and bounce...
The Stock is in a corrective mode on longer term charts but this pattern may act as a pain killer if it works on daily time frame. Notes on the chart. Hit Like/Comment/Share if you think this information can be useful. Trade Safe Regards Bravetotrade
My previous post on the stock has a bullish bias which is still intact see >> But a short term trade may also be a good idea for hedging or having some added advantage. The Key Level for this post will be 1583-1585. If the stock has to reverse down, this would be the place. But if this level is breached by the bulls then we can see a rapid up move. The mid...
Hello Traders, I have made made some efforts to understand the minute details of H&S pattern. I hope these details will catch your interest. Do hit Like or Comment for better educational posts in future. Trade safe, stay healthy. Best regards Bravetotrade
Hello Traders, What I see in this 15min. chart is a Triangle; a bullish Channel; and A Range. There could be 2 possible scenarios: Scenario 1 >> The bulls are strong in the opening and market opens with gap up or trades above 9930. In this case simply observing the market behavior on pullback/retest of the 9922-9930 area might give an opportunity for a confirmed...