1. Stock price turning out with this breakout 2. Sep 2020 Gap has been filled 3. Breakout is decisive 4.1:4 RR trade set up
1. Weak hands removed with false break down 2. Fresh breakout 3.1:10+ RR trade 4. Trend is bullish in all time frame
1. Freah ATH berakout 2. 5 months consolidation before breakout 3. 25% pull back, holding at upper levels. 4.Time wise correction 5.Simple breakout set up with very lucrative SL
1. Low risk and very high reward 2. Patience will be tested to get such kind of targets 3.Follow SL on weekly closing basis, since its aggressive SL 4. 1:11.95 RR trade
1. Breakout with consolidation 2. 1:5 RR trade set up 3. Aggressive traders can keep a tight SL 4. Best part is price is in range of listing candle (Good base developed for upside move
-1 month consolidation is covered in a single day with about 15% up move, must have stocks in PF -Trend is bullish in all the time frame
1. Weak hands have been removed with false breakout 2. Structure is bullish, calculated risk can be high rewarding 3. If price has to move and it intend to remove weak hands, then this should be the place price should reverse
1. Price is making tight consolidation zone 2. As discussed in on of the earlier post, since BN is trading near ATH, to break its ATH, it has to consolidate before breakout
1. Trend is bullish 2. Buy on dip 3. Price is trying to hold at upper level 4. Price can face resistance at recent top 5.Major trend is bullish
1. Chance are less to continue this downtrend channel 2. We soon can expect a breakout 3. Sure Entry is after breakout/ Early entry has it high reward for early risk 4. RR is 1:8+ 5. Price is also reversing from FIB 61 golden ratio
1. Clean & crisp breakout of triangle pattern 2. 12 months of consolidation 3. Major trend is bullish
1. Banknifty is more choppy then nifty 2. Price is in previous day's range 3. Break of yesterday' range and give momentum of marked support & resistance
1.Price did not break yesterday's low 2. It look bearish but it actually opened gap up and closed near to yesterday's low 3. price is consolidating in a way with bit of volatility
1.Price is trading at support 2.first 15 min candle is bullish and price is consolidating in first 15 min range 3. A bullish green candle may appear seeing the structure 4. with 50-70 points SL day's high can be targeted
Considering the expiry and price trading at ATH zone, it is advisable to wait for clear direction of the market, if we need to get breakout then price is most likely to consolidate before the resistance.
Trade only near to support or resistance since tomorrow is expiry, market can be choppy
- Banknifty trading below ATH resistance, since the trend is bullish, buy on dips is recommended - However if price open gap down, then wait for price to take support from any zone marked on the chart -Opening gap up will trigger resistance to turn into support, but sustaining above it will give momentum for the day
-If nifty opens in the marked range then wait unless price test the marked levels -Trading at random place will only damage capital -if open gap down, then wait for green line reaction on the price, if price sustain below it then look for sell on rise or If price recovers and sustain above it then buy on dip - If gap up then red zone is the resistance area,...