Bank nifty was in yesterday' range, no new price action formed on chart set up is still same buy on dips 2 scenario can work tomorrow 1. If gap wait for price to pull back and enter at dip 2. If price opens gap down, let seller's get exhausted and from support make a buy entry with 50-60 points SL at day's low and 1:3/5 or previous day's high as target
1. Price action supported yesterday's work of support and resistance and no significant demand or supply created today, therefore, price is in consolidation in yesterday's range and trying to sustain this gap, this is only a sign of strength. So trade plan remains same buy on dip
Nifty is more stronger and clear compare to banknifty market is bullish and do not even think to counter trade Trade with trend thats buy on dip only
We have a gap up on weekly chart, if this gap is not filled in this week, then this will most likely to give push to nifty to touch ATH considering the momentum, nifty have only few places to play intraday, in positional view is to buy on dip kind IF opens gap down, then that is a buy opportunity, if open gap up then, wait for price to touch its support level to...
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