InsiderB

InsiderB

This head & shoulders pattern is yet to complete and moving towards the neckline, wait for valid breakout at neckline before initiating short positions. This may or may not be intraday, can get extended for another day, so be sure about what position you are gonna take. Neckline has back to back supports, so be planned & prepared with whats your risk before...

InsiderB Updated 

Cipla is consolidating for longer-time in hourly timeframe also, so I expect the breakout to be wild one atleast on 15mins, lets see what happens. Happy Trading ! Happy Monday - Only we traders have guts to say Happy Monday :)

InsiderB

This trade on Bharatforg may take a month or so to complete the full trade, its for positional traders who trades on short term a month or two. Dont expect this to happen over a week or 2,3 days Happy Trading !

InsiderB

Pattern within a pattern - yes it is ! So Biocon will be very good trade opportunity on Monday for both intraday and positional traders. Probably, positional traders have to wait for sometime as there is bit of distance between trendline and current price of Biocon. Its breakout patterns everywhere around the market, so choose and trade wisely.Lets expect next...

InsiderB

We had very good move after the ascending triangle breakout, booked some great profits out of it and now BHEL is retesting the resistance, so I'm planning to go short if we get bearish confirmation, I'm not sure what will happen on Monday, if we get Gap Up in BHEL bcos of Nifty better we can re-think this entry strategy. If it opens in one and once bearish...

InsiderB

Its almost a month SBI is ranging completely within 223 - 235's, probably it may range for another week. If breakout happens expect that will be wild n crazy, in my opinion ( I may be wrong) - I expect there won't be any pullback. But conservative traders can opt to stay out, can enter if any pullback happens in SBI. Moreover Nifty is also caught in some...

InsiderB Updated 

Usually I won't post trades with Entry,stops & targets but here posted it bcos its risky and counter trade, so everyone should know how I take on risky setups and my rewards ! Actually I want you to realize my risk rather than concentrating on my rewards and why I enter trade in the marked zone. Nifty may trigger my entry and raise straightup to stops or won't...

InsiderB

I'm not sure why, we are getting back to back breakout trades today morning, sharing few of those with you. Yet to check Nifty chart, may be we will have breakout there also.We can see from chart how long M_M is within that rectangular range and looking for breakout. It will be positional trade, so breakout also takes time if M_M moves to upside on pullback.We...

InsiderB

IDBI on hourly timeframe has wedge pattern and price is near the lower trendline of wedge pattern and if you notice there is another wedge formation in 15mins. Initially I thought of posting this 60min wedge as positional trade and later converted it to intraday post bcos of Inner wedge. So Intraday traders can trade the inner wedge's direction of breakout and if...

InsiderB

I don't know why its raining patterns everywhere... Just one short caution : Trade patterns only if you are well-versed with it and if you know its success ratio. We got bullish bat pattern completion in Ambujacem exactly in support zone ,similar one we got in ashok leyland also. GSTbill looks good for cement and auto's, so I'm expecting gapup, though in Nifty I...

InsiderB

I don't know why this happens, for past two days everything I get is rectangular range (not bullish flags) and it works out quite well. Did that on eurusdfxpair and xauusdpair also worked out superb..Now its turn for Axisbank, lets see what happens and which side its breaking out. Happy Trading !

InsiderB Updated 

Hi Guys, We have simple bearish trend continuation setup and TECHM is facing some good resistance around 500 levels, as per my trade plan its good to go short from here with targets around 480's. Hit Like button to keep me motivated to post more ideas...Thanks for your support ! Happy Trading !!

InsiderB

In BPCL we got good chance to go long in the marked zone 575-580's. I hope the recent bullrun will continue and may gap up 2mrw bcos of the GST bill. If it comes in zone I will be taking some long positions. Hit Thumbs Up...which keeps me motivated to post more solid quality ideas...Thanks for your support ! Happy Trading !!

InsiderB Updated 

Hey Guys, Woo..Hoo... We got Indian version of tradingview, awesome. Thanks to tradingview.com. Here in Nifty 15mins we got channeling and I'm expecting to enter the trade on breakout only on valid close. Hit Like button to keep me motivated to post more ideas...Thanks for your support ! Happy Trading !!

InsiderB

Here we have potential ABCD completion around 66.1's in USDINR but it will happen only after the support at 66.5's takenout. As of now I expect USDINR will move little up to 66.85's before starting its downward move. Incase the resistance is taken out, we need to decide based on what happens after that. Hit Like button to keep me motivated to post more...