Bullish pennant in an uptrend. Awaiting breakout. After a month-long rally from 19 April 2020 to 15 March 2020, Bharti Airtel taking an 8-day breather and likely to continue higher. Pennants look very much like a symmetrical triangle but are typically smaller in size, ( volatility ) and duration.
Here's a falling wedge in the middle of an uptrend. Volume picks up on the breakout. Price also taking support at the previous top. A classic case of Resistance becomes Support. Long at 423 Stop at 400 Target 550. Risk Reward 1:5 Using Covered Call. Short Axis Bank 460 CE April @ 6. Incase we hit Stop-loss in spot, Option will help in bringing down the cost of...
TCS breaking out of a triangle and the price is moving in a rising channel. Go long as per your risk appetite and capital management. Buying breakouts offers a poor risk-reward ratio. So it's better to look for a suitable risk-reward before trading.
Bullish Flag - Continuation Chart Pattern. Do your own due diligence before entering any trade. Set Stop-loss as per your trade and money management.
Nifty Long at 9100 | Stop-loss 9000 | Target 9600 Risk Reward 1:5 Nifty moving up slowly and on the daily chart, it's making series higher highs and lower lows. The Primary and Intermediate trend is still down. Trading this counter-trend rally with very tight stop-loss.
Short Below 8950 Stop-loss 9130 Target 8200-8300 Zone. Risk Reward 1:4
HDFC Bank posted good results. The Primary trend being down, I'm looking at the shorting opportunity when price rally upon a good result. Entry: 950-960 ( Resistance - Wait for price to take a resistance - use 30 minutes or hourly to for conformation) Stop-loss: 990 ( Previous Swing High) Target: 1:5 ( 800 ) Don't Jump The Gun at 9:15. Our patience will...
#Trendfollowing 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 Levels Whether to short options or short futures is entirely depends as per your money management and risk appetite, but don't buy...
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 . Risk/Reward 1:4
Short SRTRANSFIN below 1270 | Stop-loss 1303 | Minimum Price Target 1135 Risk/Reward 1:4 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 | Risk/Reward 1:4 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.
Long Suntv above 512.75 | Stop-loss 495 | Minimum Price Target 650 Risk/Reward 1:7 Strategy - Reversal Trading Trading System - 50 SMA Trading Setup - Trendline Breakout Stop-loss 495 is the Median of Breakout Candle - 2
Short SRTRANSFIN Below 1193 - Stop-loss 1235 - Target 940 Risk/Reward 1:6 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 Risk/Reward 1:5 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 Target 765 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 Stop-loss 215 Target 189 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...
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. Short...