FourSTechnicalAnalysis

FourSTechnicalAnalysis

Hi Friends, Another Great Setup that should definitely be on your radar. This is a positional trade with 20-25% STOPLOSS and a WHOPPING 125% TARGET MAJOR LEVELS are marked on the charts and detailed explanation below. LIKE | COMMENT and SHARE your thoughts 1. UJJIVAN has been trading in a DESCENDING CHANNELS Since its INCEPTION 2. Has attempted to breakout...

FourSTechnicalAnalysis

Hi Friends, Classic Setup , Learning on Pattern Failure and Sniper Entry in A Head and Shoulder Pattern Breakdown right at the Neckline. Will it BREAKDOWN ??? COMMENTS WELCOME 1.On the left hand side you'll notice a Inverted Head and Shoulder Pattern ( Red Fill) ; Took 1.5 Months for the complete formation and breakout from the trendline. 2. Text Book Pattern ,...

FourSTechnicalAnalysis

Hi Friends, ARE WE READY TO SEE VALUE UNLOCK IN ITC | CAN IT RECLAIM ITS GLORY DAYS ?? All levels are marked on the charts. COMMENTS WELCOME There is a lot of learning and analysis that I would like to share with you through this chart. Kindly switch to Weekly Time Frame for the Broad View and then zoom in on the Daily timeframe for the detailed picture As per...

FourSTechnicalAnalysis Updated 

Hi Friends and Fellow Traders, There is a very dangerous bearish reversal pattern , a potential "THE WIDENING TRIANGLE" being formed on NIFTY 1 HOUR CHART. MARKET IS MOVING VIOLENTLY CREATING NEWER HIGHS AND NEWER LOWS BUT NOT HEADING ANYWHERE THIS IS A CLASSIC DISTRIBUTION SEEN AFTER A MAJOR TRENDING MARKET WHAT IS POTENTIALLY MISLEADING IS THE RANGE BOUND...

FourSTechnicalAnalysis Updated 

Long term weekly downtrend violated with todays close Should sustain above this level at close of this week end (Friday) Also closed above its long-term support and resistance zone Has to clear the immediate resistance level for entry Entry trigger; stop loss and target levels marked on charts

FourSTechnicalAnalysis

Long Standing and Well Respected Channel Price May Retest the Support Zone Double Levels of Confluence as stated above Very Minimal Stop Loss Great Risk To Reward Ratio Wait For Level To Be Tested and Support Proven by either Candlestick Pattern or Strong Volume Candles. A Perfect Setup That as a Trader One Should Look To Exploit !!!!

FourSTechnicalAnalysis Updated 

Bank Nifty has broken down from a symmetrical triangle pattern and breached the previous lower swing high 2 trading opportunities arise basis tomorrow's opening. If first 15 min Opens with a negative close can opt for option 1 If first 15 mins Opens with a positive close and follows through with a retest and breakout failure option 2 can be deployed Good R2R in...

FourSTechnicalAnalysis Updated 

BANK NIFTY is indicating towards a directional move in the coming sessions Descending Channels OR Pitchfork OR Mean Reversion seen A decisive close above 29 July Open should indicate beginning of a short term up-trend All Levels are marked on the charts Cautious traders can wait for a decisive breakout above 35000 or Retest of 34800 RANGE (after...

FourSTechnicalAnalysis

Hi Friends and Fellow Traders, Key Levels Provided on the charts Detailed Logic and Setup explained on the Charts Entry on 1 Hourly Candle Closing Basis Only.. (DO NOT Rush in to your traders. Its a GAME of PATIENCE) Cheers ! Happy Trading...

FourSTechnicalAnalysis

Hi Friends and Fellow Traders, Great Breakout of Ascending Triangle Seen in Bank Nifty We need confirmation of the momentum with a breakout of the immediate resistance level (Marked as our Entry Point) We need an hourly candle closing above this level with increased volume activity The Stop Loss Provided is conservative as per my trading style. ...

FourSTechnicalAnalysis

Hi Friends and Fellow Traders, Detailed analysis , levels and rationale marked on the charts

FourSTechnicalAnalysis

Entry - Blue Line Stop Loss - Red Line Target - Green Line Entry on closing basis of hourly candle

FourSTechnicalAnalysis

Hi Friends and Fellow Traders, NIFTY has witnessed range bound session for the whole of June Series. Range of approximately 265 points. It has come at a very good breakout level Considering BankNifty has not HIT its all time HIGH , Momentum in BankNifty may propel Nifty towards 16000 levels. Idea would be to take a strangle on Nifty with a range of 400...

FourSTechnicalAnalysis

Hi Friends and Traders, Levels marked on charts along with 2 possible paths.. Bank Nifty is in a bullish formation. Further upside can be expected. Stop Loss need not be more than 100-150 points for Positional Trade since the momentum should ensure there is shallow throwbacks Maintain Position Size as Per Your Risk Capacity ONLY Always Trade with a Stop...

FourSTechnicalAnalysis

Hi Friends and Traders, Thought of sharing this interesting trade that really tested my patience and invoked all sorts of thoughts (that one has to control) to win over the markets. Perfect Entry Good Risk to Reward Market was not in the mood to reward me yet :-) Went completely sideways for almost 20 days Stuck with the trade as the price was in HH , HL...

FourSTechnicalAnalysis

Hi Friends and Fellow Traders, The Simplest , Age Old technique of Support and Resistance , Time Proven and Tested and Deployed By Institutions. MOST IGNORED BY RETAIL TRADERS : STOP AND LEARN NOW !!! NO NEED FOR FANCY INDICATORS , TOOLS AND ALGORITHMS Pure Price Action Can Do Wonders To Your P&L. Watch and Learn With Me. Comment If You Have Any...

FourSTechnicalAnalysis

Hi Traders, Everything seemed Perfect for this positional Trade. Price attempting to breakout resistance for the 3rd time Build up at resistance Price moving in an Uptrend Support taken from Trendline Hammer like formation showing buying presence Entry on 7 Jun Exit on 10 Jun LOSS PER LOT - INR 7500/- PROFIT PER LOT : INR 23000/- This Futures...

FourSTechnicalAnalysis

Hi Friends, Watch and Enter on Breakout All LEVELS marked on the charts Price has re-entered the long term trendline Ascending Triangle Formation completed Resistance Level Tested Multiple Times. Breakout this time would achieve Targets Post your queries in the comments