This is follow up for previous trade setup on Axis, it has been in range from the day I entered & Same with LT ( I love it, so I won't blame it , yes partiality ) . You can use this setup for re-entry chances only if it suits your plan. But Axis is testing our patience like anything... All I feel now is this "Stuck in Middle with you " Same as the song lyric goes...
I hope most of points are explained in Nifty chart itself. I chose to post this bcos this is another alternative way of finding same setup which we did with harmonics for past two days. So the point to be driven home ? There is alternate methods available, Never fret over that you don't know Harmonics or Elliott's or whatever, Just make use of what you know, Even...
The Dual Breakouts are one from Triangle & next in terms of channel on higher timeframe. i) You can trial stops & ride more upside if Colpal gets bullish ii) On larger Timeframe it will be channel, so channel breakout possibility also there If all goes well, we are in for treat with this colpal breakout.
Choose what you wish for as per your trading plan. On a channel breakdown Intra players will be shorting and on Positional side they will be long when BPCL gets back to harmonic entry levels. Happy Trading !
Nope... Before you go there, that I repeated yesterday;s chart, it's not. This is new pattern emerged by yesterday session & in bigger way. On Right entry point, the targets would be around 9630's in Nifty. As we are forming a kind of triangle pattern ( though some might not want to call it so ), we are nearing the consolidation completion. At the same time we...
Lupin has been consolidating for last few sessions and a directional breakout is expected very soon and if it happens to upside, we can see some good 50 points run on the trade. Yes, I'm expecting it but on Bearish breakout also you can take the trade, The thing about consolidation & ranging is many think that predicting direction is right approach. NO. Let Market...
We do all kinda stuff..And why on earth we are choosing a riskier scrip SBI on RBI day ? Bcos, we know our Risk, We Define our risk, We know how much we stand to lose in that risk, so that helps our trading plan. Here there was bearish momentum on hourly SBI and its ranging for sometime, so eventually Bearish breakout expected, I will be taking this trade on...
We are going to trade within channels in Havells, as you can see the channel offered very good support area, so on bullish reversal expecting Havells to move upside and there is very good risk :reward which is cream on cake for us who are concerned more about the risk, than potential rewards. Happy Trading !
What we have now in Nifty is obvious Gartley staring at us,giving a trade setup, overnight position holders might have taken Gartley last session itself. If we get another entry point for Intraday thats well n good. There isn't much to explain here too, so thats the end of Nifty post gone in 60 Seconds flat... See you, InsiderB
Hey Guys, Happy Monday ! For past few days Nifty is behaving fantastic atleast that's what I feel bcos we are getting pattern formations so easily for last few days without any hard try around. From the chart you can clearly see that Nifty is repeating what it has done earlier. The Channel-1 was smaller which resulted in 120 points move and on repeat of same size...
I was about to post this by Monday itself, but went on with other stocks, anyway now you have it in TechM. May be if you are conservative enter on Pullback & Enjoy the game !
Let's fill in our tanks and make ourselves ready for upside Breakout in Petronet. Actually I'm not interested in the downside Breakout, if you zoomout n see there can be shark pattern formation, haven't checked it though by drawing just saying by the perception I get from Petronet. You can try for that shark also if interested but simple channel upside break can...
Fine, though its just basically by trendline break in LT, we should look for risk-reward. Bcos, a decent risk-reward is must even for mediocre tradeplan. Trendline break & entry of shorts in LT can sound mediocre, but the decent risk-reward is icing on cake. Check with your trade plan & enter only if it suits you !
It has been very long time since Nifty has treated Me with such potential harmonic opportunities, irrespective of whether this potential pattern completes or not, I love this trade setups. If it goes as planned here I will be having stops 50-70 points below the Entry zone based on the patterns. I wanted to write a lot about patterns but as market opened let me...
With that shot, nope... With this Post, its Double Century. Yep, 200 Posts completed with this one & Nifty deserves special place, so its dedicated to Nifty itself ! Cutting straight away to analysis, There are two scenario's both are Bullish moves only : i) We have sweet spot of Entry right now at 9650's zone with a 50 points stops we are aiming at 200 Points...
Gail moving fast, so here is the post out...
Bearish down move expected !