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...
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...
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...
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...
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...
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
Hi Friends and Fellow Traders, Stock has broken out beautifully from the Weekly Downtrend Strongly placed over an Area of Support Consolidating in a Symmetrical Triangle Price above 200 EMA in Daily (Which will act as second level of defense if Support Zone Fails) In Hourly Timeframe : Forming a ascending Triangle BUY on close above 250 Levels Marked on...
Hi Friends and Fellow Traders, The Chart is beautifully setup for a breakout trade. Good Support Build Up Consolidation in Daily Price over 50 EMA For Last 4 Trading Sessions Good Market Structure Price Needs to Close above descending trendline Good Risk To Reward Setup Wait for the price action on a Hourly Candle Closing Basis Enjoy !
Hi Friends, Wanted to share this learning of SIMPLE PRICE ACTION Techniques that once practiced with patience yields results !!! #FANOFTRIANGLES #PRICEACTION #SWINGANDPOSITIONAL PRICE ACTION USED BREAKOUT FROM DESCENDING TRIANGLE IN DAILY RETEST IN DAILY FORMING SUPPORT BREAKOUT AND RETEST IN HOURLY FORMING SUPPORT ENTRY Thanks For Your Time....
Hi Friends and Traders, All levels are marked on the chart. Reiterating that entry should be on closing basis in 1H chart only. Good Consolidation Good Retracement Breakout from Descending Trendline Good Build Up Small Stop LOSS Great Risk To Rewards Enjoy.. Comment if you have Traded !!
Hi Friends and Fellow Traders #DONOTMISS #MARUTI Broken out from the Daily Downtrend (+ Sign) Price has been beautifully Consolidating over Hourly 200EMA Following a Good Trendline in Hourly TF Successfully closed above 6800-6850 resistance level (after testing for 4 times) Same Level may act as support to propel the stock further Today took slight...
Hi Friends and Fellow Trades, WATCH OUT for this one !! ALL LEVELS MARKED ON CHART ENGINES PRIMED , IGNITION ON , WAITING FOR LIFT OFF !!! Breakout from Descending Trendline Major Trend is UP Ascending Triangle forming in 15 MIN timeframe Market Structure is Up trending Strong Area Of Consolidation #FANOFBREAKOUTS ALL SIGNS OF GOOD THINGS TO COME !!! LET THE...
Hi Friends and Traders, Is it BOOM BOOM Time in COAL INDIA ?? The Journey and Struggle of a STOCK is depicted in the charts !! A lovely setup as per my analysis !!! Comment and LIKE if you have participated in the trade. Stop Loss is intentionally kept tight to prevent heavy losses in case of a failure again. KEEP THIS ON YOUR RADAR. ANY BREAKOUT WILL...
Hi Traders, Everything marked on the charts. Levels are all on closing basis in 1 hourly timeframe. Comment if you have any doubts or feedback !! Happy Trading !
Hi Friends and Fellow Traders, WATCH OUT !! Explosive move may be on the cards.... Comment if you capture IT ! LOVE THEM TRIANGLES :-)
Hi Friends and Fellow Traders, MUST WATCH stock. Price Trading at 61.8% Fib Retracement Price at long term resistance turned support zone (daily and weekly timeframe) Price right at the UP trendline support TRIPLE CONFLUENCE OR A COINCIDENCE ??? DEFINITE LONG ON CLOSING BASIS ABOVE 214. THIS WOULD CONFIRM PRICE ACTION AND SUBSTANTIATE THE REVERSAL OF...
NSE:BANDHANBNK Stock is in a healthy uptrend The resistance has now turned support Stock is in a Range and has the potential to bounce off the support area after consolidation A close above 356 on Daily or Hourly timeframe followed by a closing green candle should trigger LONG position Stop Loss of 290-292 is advised
MOTHERSUMI TRADING SCENARIOS FOR UPCOMING WEEK WITH RISK-REWARD Please watch through the end.DO NOT skip any part of the video or fast forward as you may miss important discussion point on the levels and entry exit triggers. This is my view and is should not to be construed as BUY or SELL recommendation. Please use your discretion before taking any position in...