The price just broke a year long trendline + Weekly candle broke the prior high.
- A triangle pattern Breakout - Consolidation after Breakout - High chance of forming a morning start pattern in weekly timeframe
1. Stock is in a good up trend 2. Had a healthy retracement and formed bullish candle in monthly time frame 3. Trendline break out in daily time frame 4. Consolidation after trendline break out 5. Head and shoulders pattern inside the consolidation. MY ENTRY 50% position at the support area Rest of the position after a breakout of the neck of head and shoulder...
A good double top pattern after a bullish run. The price has not retraced yet. So, high probability of a bearish move if the neck of double top formation is broken. My entry, - Only when 15 minute candle closes below the neck line. For more trade ideas like this, follow me on trading view.
PLEASE WATCH MY ANALYSIS ON INDEX TO GET MORE CLARITY ON MY ENTRY. (Available in my profile) 1. 300 day old Trendline breakout 2. Engulfing candle 3. Higher high and higher low formation View 1hr timeframe 1. Momentum breakout 2. Healthy .5 retracement and breakout 3. Price closed above prior consolidating "This is not a call, this is just my view on the...
PLEASE WATCH MY ANALYSIS ON INDEX TO GET MORE CLARITY ON MY ENTRY. (Available in my profile) 1 Day Timeframe - Good breakout, retracement + bullish candle 1 Hr timeframe - Good trendline formation 15min -Consolidation and breakout. Chance for a small retracement. MY ENTRY ONLY IF 1hr candle closes above prior high + Nifty bullish indication (Please watch my...
PLEASE WATCH MY ANALYSIS ON INDEX TO GET MORE CLARITY ON MY ENTRY. (Available in my profile) 1. Breakout from a consolidation with momentum and retraced 2. Good trendline on the retracement 3. 1DAY 20 MA is too far MY ENTRY When 1HR candle closes above the trendline and prior support. "This is not a call, this is just my view on the stock. Please trade...
Theme :- Follow the index, take trade in NRML stocks. "This is not a call, this is just my view on the stock. Please trade sensibly" Visit my profile to get more ideas on how I plan to take trades in normal cash stock. Follow me on trading view to get more ideas like this on Index and stocks.
Points to note 1. Price is at a great support 2. Price fell 30% without a retracement or a good consolidation 3. Price is far from 20MA 4. Created a double bottom in 1hr time frame. My Entry setup - When the 15 minute candle closes above the neck level of double bottom + Breaks 200 MA "This is not a call, this is just my view on the stock. Please trade...
A good entry would be at on a daily candle close able the neck of double bottom.
1 Day chart - Fake breakout and Retest 1 Hr chart - Trendline 15min chart - Head and shoulder pattern A good entry would be a 15min candle close below the neck level head and shoulder + trendline breakout.
Looks like a good Breakout and retest. Plus created a double bottom at the bottom. A good entry will be at the close of a good bullish candle.
1. Good probability of creating a head and shoulder pattern by taking a retest from the below support 2. Confluence of .618 Fib level.
Lookout for the 20 MA. High probability that the price could come down for a retest at 20 MA . Enter on the close of a green bar after touching 20 MA.
Cipla was in a good sideways range and the broke above with momentum. Price then retraced towards the breakout area in a good consolidation and now broke below the consolidation. There is a good opportunity of a bullish trade if price gets back into the above consolidation, thus forming a fake break out. I would suggest to enter only if 1 Day candle closes inside...