Bravetotrade

Bravetotrade Mod Updated 

Hello traders, SBI had a nice breakdown below 281. In order to take this trade with minimal risk we can try our pullback strategy. I would like to see a weaker pullback into the 281 zone along with lower volume. I prefer to see some bearish confirmation in this zone and then short. Potential cover could be at around 270 zone. Let's see if we get this opportunity...

Bravetotrade Mod Updated 

We can say that the stock has been trading in a range (between 920 to 970) since June. A bearish channel can also be seen to have been broken for a bullish break yesterday. But the 970 level has been acting as a tough resistance for the stock . This time too the stock tested it and retraced. Only the future price action will show whether the reaction would be as...

Bravetotrade Mod Updated 

Hello traders, As can be observed from the chart. The stock pulled back exactly 38.2% of the previous bull move and retraced. In my previous post this retracement was interpreted as an ABC type but as the price action unfolded it appeared quite more than that. The stock made a nice move and faced resistance near 200 odd levels. Currently it seemed to have started...

Bravetotrade Mod Updated 

We dun know yet that whether this course of action will be followed or not but If and when the price breaks out of the channel, below the the moving average, one can look for an aggressive entry at the first bullish sign in the anticipation of a breakdown failure. The trade is riskier but that's the beauty of this trade. Or else if the price breaks on the upside...

Bravetotrade Mod Updated 

"Nobody knows what a stock gonna do, the least we can do is to build a plan and execute it". Notes on the Charts. Aggressive entry or entry in the demand zone could be two favorable approaches to follow. Hit like if you think this information was useful. Trade safe, stay healthy Best Regards Afraidtotrade

Bravetotrade Mod Updated 

Hello friends, I have presented three possible scenarios (Pullback, Gap up and Breakdown) on the chart, in relation to the present situation. I hope it will help you in building your trading plans for the week ahead. Hit like if this information is useful for you. Trade Safe, stay healthy. Enjoy your weekend. Best Regards Afraidtotrade

Bravetotrade Mod Updated 

Click to study BO strategy >> Hit the like button if you think this information was useful for you. Trade Safe, stay healthy Best Regards Afraidtotrade

Bravetotrade Mod Updated 

I know many of you would disagree with this wedge drawn by me but dun worry I have checked many possibilities and this drawing seems to be more accurate. Whenever I see a wedge pattern like this the possible target for me the apex of the wedge, which in this case falls in 157-159 zone. This is also a confluence point of an important trough (green rectangle) as...

Bravetotrade Mod Updated 

Notes on the chart. Hit like, comment n share if you find this post interesting and helpful. Trade Safe Best Regards Afraidtotrade

Bravetotrade Mod Updated 

Stock seems to have potential for pullback. Levels are on chart, manage the trade as you like. Hit like, comment n share if you find this post interesting and helpful. Trade Safe Best Regards Afraidtotrade

Bravetotrade Mod Updated 

Hello fellows, Thanks for your support. Notes on the chart. A probable shorting opportunity into the resistance. I will wait for a bearish pattern; or spiking volume with either barely minimum or negative price action on upside. Your likes do motivate for better posts. Best Regards Afraidtotrade

Bravetotrade Mod Updated 

It should be noted that the stock is in a medium term bearish mode and the present move could only be a pullback for short term. The bank retraced 50% of the last bull move and bounced back from there. The stock has been trying to move past the resisting falling trendline. Watch for a break above 1470-75 resistance zone for long. Aggressive trader can look for...

Bravetotrade Mod

Hit like if this information helped you. Best Regards Afraidtotrade

Bravetotrade Mod Updated 

Hi fellows Notice how the volume-spread analysis could help in finding major reversals. The analysis is applicable to all time frames. Rest notes are on the chart. Hit like for better posts in future. Trade safe, stay healthy Best Regards Afraidtotrade

Bravetotrade Mod Updated 

Hi fellow Thanks for your response to my last post in which we discussed what happens after a breakout. In this post we will discuss better ways to anticipate a breakout. Although the types discussed are ideal that doesn't mean they are not possible in real time. That's why I have been posting some examples. However, anticipating a breakout does not mean that...

Bravetotrade Mod Updated 

Hello traders Since the stock has broken an important trendline and trading below the 55 EMA some correction might follow. Watch for a short opportunity in the 1480-85 zone with SL above 1495 for the target of 1457 and 1444. Trade safe Hit like if you agree with the idea Regards Afraidtotrade

Bravetotrade Mod Updated 

Hi fellows, I see strong divergence on stochastic, a hope for a possible upmove is there. Try a possible entry @ 290 , stops could either be at 287 or 285 for targets of 297 or higher. Best Regards Afraidtotrade

Bravetotrade Mod Updated 

Notes on the charts. For best results, Its better to trade in the direction of trend. Hit the like button if you think this post enhanced your knowledge and would help you in trading breakouts. Your likes are the only motivation to post better strategies in future. Trade Safe, Stay Healthy. Best Regards Afraidtotrade