LetsTrade123

LetsTrade123

Use this chart to get Bank Nifty high and low values from expiry to expiry

LetsTrade123

Price is consolidating in tight range from last 1.5 month. One can add this to watchlist to track for upper breakout or down breakout and price retesting support line. Trading Opportunities: 1) Upper breakout with volume for long position 2) Lower breakout and price taking support and reversal

LetsTrade123 Updated 

Breakout candle on 1July with good volume and retest happening on 14 and 15July. Consecutive bearish candle at top with low volume, so I will not consider it as trend reversal yet. Wait for one good solid bullish candle with volume to confirm the support retest and then should be a good setup for entering short/medium term long position. I will not enter without...

LetsTrade123

Britannia price approaching strong support zone (see chart). One can add this to watchlist and track for support retest and reversal with some good volume to consider for long position. P.S: This is NOT an investment idea or trade tip. You can use this chart for learning purpose. Trading decision to be taken at your own risk.

LetsTrade123 Updated 

1) Price consolidating for more than a month 2) Two recent pullback with 2nd pullback with higher low indicating stocks is in strong up move Watch for upside breakout after consolidation (accumulation phase at top). If it breaks down (distribution phase) then wait for price to retrace back to any of the previous pullback level and then reversal.

LetsTrade123

1) Price approaching multipoint support 2) Price approaching 200DMA 3) High volume on 26Apr2021 with no major follow up 4) High volume low and 200DMA price level is almost same. So possibility of high volume area test along with 200DMA support test 5) Quarterly results on 19July2021 Keep this on your radar. Can be a possible candidate for short term positional...

LetsTrade123

Multiple patterns in play (see chart). One can add this to watchlist and track for breakout with volume confirmation for entry. 1) Trendline Breakout 2) 200DMA support and Reversal 3) Support and Reversal

LetsTrade123

Maruti Suzuki price at very important level where-in one can see multiple patterns/price action 1) Testing previous resistance 2) Approaching 200DMA 3) Approaching previous consolidation area Price is in imp area to keep watch and add this to your watchlist

LetsTrade123

Everything is explained on chart. 1) High volume breakout of previous resistance area 2) Price retracing back to previous resistance and high volume area, taking support 3) Good risk reward ratio 4) Expecting price to go up from here Please hit like button if you agree with analysis.