As market is falling and lupin has given fake breakout few days ago, we can expect it to fall
Wipro may fall from here As market is falling and it is taking support at trendline, causing new buyers to to enter in trade. Best place for SL hunting
Market is falling and Infosys is around top of the pattern So I am expecting it to fall
Market fell from the upper range of trendline. I made huge loss in all stocks as i was expecting price will breakout from the upper range
Pattern trading is very tricky. Market has taken support at blue circle, which is bottom of weekly / monthly pattern. now price started to move up - using ladder of 4 h range.
I Was Looking In The weekly time frame but unknowingly the price was at the bottom of triangle so the next morning after the taking trade price gapped up 10% so from the loss of few thousand it turn to be 75000 positive side.
As we can see, price is moving in The triangle pattern, as the pattern breakout. We got a very fast movement. So the best way to take entry for future trades is Buying - when the price is at the bottom of the triangle ( Or channel) and selling it when the price is At the top.
I took trade after the breakout of two hour time frame of the horizontal level, But it failed as soon as it reaches the top of the channel.
if Price goes above green dotted line, we can consider this as Breakout of green channel. By Risking 5000 Rs. we can earn 40000 Rs.
As we can see market was moving between blue channel, But at red circle, it broke the previous low and then from there it started to gain momentum in opposite direction, and breaks previous high at Line A.
As we can see price is consolidating between the lines, But it is clear that,it started to follow orange Line instead of black Line.
Focus on how price behave just before going upward.. Here Trend completely changed from downtrend to uptrend, but before the start of major uptrend, price broke the previous low, from there it started to move up.
On the stock edge weekly breakout analysis , price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade as per breakout of last candle
On the stock edge weekly breakout analysis , price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade as per breakout of candle
On the stock edge weekly breakout analysis , price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade as per breakout of dogi candle.
On stock edge weekly breakout analysis, price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade in downward direction instead of up direction of breakout of weekly time frame.
On stock edge weekly breakout analysis, price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade in downward direction instead of up direction of breakout of weekly time frame.
Stock has made a new high in weekly time frame. To take the right entry, we come down to 2H time frame and draw respective trendline. After drawing proper trendline, set alert on it. Wai for the price to reach at trendline, for better entry