After the craziest fall, nifty is pulling back. So where to short a pullback?
A - Bearish Flag Breakout
B - Price Percentage Change Projection
C - Traditional Price Range Method
D - Retracement...
AMARAJABAT formed a bullish pennant on Daily chart . Waiting for a breakout to enter long.
Long above 781 | Stop-loss 755 | Pattern Price Target 850
Ideal target is 880, A strong resistance zone .
Short SRTRANSFIN below 1270 | Stop-loss 1303 | Minimum Price Target 1135
Strategy - Trading Range Bound Price
Trading System - Mean Reversion on Daily.
Trading Setup - Selling at Resistance
More about Trading Sideways Market Explained In Following Post....
L&T Finance | Short Below 128 | Stop-loss 134 | Target 105 |
It's a broadening top formation. And pretty much like what the textbook describes. Be careful because nice-looking patterns are rarely successful.
If price closes above the upper trendline before breaking 128 then the trading setup becomes invalid.
Short SRTRANSFIN Below 1193 - Stop-loss 1235 - Target 940
If Price Closes above 1234 Before Breaking 1193 then trading set-up becomes invalid. CMP is 1203.
How to trade ranging prices/market
Short Nifty 12025 - Stop-loss 12162 - Target 11340
We have often seen the Market making big moves to the opposite side of an unfavorable event. The Rally after so-called disappointing Budget is such an example. The majority of traders considered the Budget as the trigger for the further downside. But Market rallied taking support at 200 SMA at...
Tatasteel, after the breaking out of the falling price channel on weekly, price is again re-testing the falling price channel.
On Daily chart price is below the 0.382% retracement level of (w3) which is at 459.10. Today's low is so far 450.65.
Wave 2 ended exactly at 0.382% (W1) at 382.
If price holds a falling weekly channel re-test level, which is around...
Havells Entry 624
Stop-loss - 610
Risk-Reward 1: 8.7
Risk 2.24% - Reward 22%
Havells trading at 624, took support around 622-630 zone multiple times in the last 6 months.
The primary trend is very strong, so utilizing this dip to get in the trend.
AMBUJACEM Entry at 210.65
Risk/Reward 1: 5
Risk 1.90% Reward 10%
I'm a risk-reward maniac, and I am willing to sacrifice my accuracy over high reward. I am following Higher Time frame trends and buying pullback and selling rallies on the daily chart. So my small stop-losses are going to hit more often than my targets.
I learned in a...
Just a small part form WD Gann's concepts.
Nifty fall by 53% in 2000-01, on the dot-com bubble burst.
After making a bottom in September 2001, nifty traded sideways until April 2003 before picking up and rallying to 6357, a new Real estate bubble.
So we were up by 5507 points in nifty form dot-com to real estate bubble.
It's not the bubble that I am...
Buy Nifty 12020
Target 12300 and above.
Target all the way back to new highs.
Just buying the dip with 45 point stop-loss.
Trading with the prevailing trend and I am ready to lose small for higher reward.
Or let it hit the stop-loss and go down further for the sake of NMDC & GAIL. :)
Expecting FMCG to do well in while nifty will consolidate around 12000 to 12300 eventually going 12500+
I don't think we are going to visit yesterday's dip very soon. Though nothing is sure, we can't predict the market. That's why the term stop-loss is a wonderful thing.
Buy Dabur : 455
Target 487 (New Life High )
Waiting for nifty to trade in the range 11960-11980, and then bounce back to 12008, which is 0.618% retracement level of recent swing.
That's where I'm going long, keeping stop-loss as the low it makes.
But, if nifty slides like a falling knife, then I'm not catching it.
Whenever the market falls because of geopolitical tensions, the fall often doesn't last...
Gail is trading at a resistance of an upper trendline in a falling price channel.
Today Gail did break the falling trendline and now giving up gains, creating a long wick.
Gail is in a bear market of its own. Gail already corrected over 45% from a high of 200 to a low of 110 in the past 18 months.
The trend being downward, it's wise to sell on rallies.
NMDC trading at 129 which is a Fibonacci retracement 0.618% of previous major swing from 162.70 to 74.80.
It's also trading at the upper range of an upward channel which could possibly act as a resistance along with 0.618% retracement.
Short at 128.95