Perfect catch on hand. Ur smart to catch the Good RR, Isn't ?
Wipro: -------- Self-explanatory picture. If the price breaks days low then there is a problem & it can go further down.
Tata Consumer Product ----------------------------- Price Decline & Volume increase both supporting each other on Daily & Weekly. We can see channel breaks as well. If the price goes down further 781 then we can short.
Price & Volume relationship ---------------------------------- Daily & Weekly: Both volumes support price decline. The RED trendline is deciding factor for reliance. If that breaks than we will see a further downfall.
Nestle India: --------------- Price & Volume relation: ------------------------------ Monthly: Previous candle low (19050) was taken out clearly but the Volume is not supporting yet & taking hault @important support level. Weekly: Price & Volume both supporting movement. Daily: Both supporting. Pattern: ---------- Yellow line Symmeterrice triangle (Sideways until...
Axis Bank: ------------ Price Volume relationship: --------------------------------- Monthly: Volume decline & Price up (Something fishy) Weekly: Volume is supporting the Price movement but the last candle showed rejection from the top. Day: Yes Volume is supporting price decline. Now, look at the Red trendline & Black trendline intersection part, If goes below...
COLGATE-PALM ANALYSIS Time Frame Analysis: -------------------- Monthly: If the Previous low (1547.05) is taken out then we can yes Downtrend begins. Weekly: Downtrend Daily: Downtrend Pattern: -------- Monthly: Symmeterric Pattern. Daily: Ascending Pattern. Price & Volume relation: ------------------------ Volume is supporting on Daily, Weekly & but on Monthly...
BPCL ANALYSIS Time Frame Analysis: -------------------- Monthly: Downtrend Weekly: Downtrend Daily: Downtrend Pattern: -------- Monthly : Descending Pattern / M pattern Price & Volume relation: ------------------------ Volume is supporting on Daily, Weekly & but on Monthly not. Conclusion: We will take entry only when Support breaks or Viceversa, Good RR we can...
Volume is supporting the Price movement in a Weekly basis. On daily Price decreased but Volume also decreased. Stuck on Symmeterric Triangle. Inside bar pattern formed. Will wait for either side to Breakout.
Volume is supporting the Price Action on a Weekly & Daily basis. SL: 550 Target: 649 & if holds then we go up to 681.
Perfect Head & Shoulder Pattern found. Breakout happened. Target: 274 SL:240/236
Head & Shoulder pattern found. Good RR we can capture here. Target: 1418. SL: PCL (1265/1250)
Market is in bullish Trend but Market need correction & same happened 2 days back, Now if market opens on downside wait for BO for any level & sustained 15 min hen take trade but do watch OI & volume for comfirmation.
BO can happen because the volume is supporting the price movement. Good RR we can catch here.
Daily BO + Volume is supporting. BO > Retest > Entry > Good RR > Gap Fill sooner.
Weekly volume is not supporting the price movement. But daily Volume is with Price. BO can lead to Gap fill. Good RR we can catch.
Make Trend your friend. BO can lead to good RR. Weekly Analysis. Sooner we can get all target if trend becomes our friend. Wait fo BO
Symmetric triangle catch on hand. Either side BO will take it to the next level. The view is bearish but still, we will wait for BO.