Hi folks! I am watching Goldbees. As per my set up, since it has attempted a breakout of 3 months range, the instrument is likely to move up to 71.75 level. Let's see.
As per my set up, Jpolyinvst is breaking out of 3 months range. My set up suggests that it might attempt to go up to 1118 levels. Let's see. I am recording this for my observation.
Hi Traders, Those of you who are watching PrajInd may find this view of interest. I notice that today it has hit ATH with very strong relative volume; ie., Up volumes are more than Down volumes. When a stock shows this kind of character, it means more traders are buying than selling. So for these reasons, I expect this to touch the circled levels. Let's see. I...
Hi Traders, This morning my screener filtered 'DMart' among few other stocks. When I looked at it on the weekly charts I found some key info that might be pointing that this stock will likely be heading up. 10 Weeks Volume Analysis Up volume is over 6 times down volume (more buying than selling) 8 weeks closing Green and only 2 weeks closing Red Buying...
Hi traders, I was looking at Lalpathlab on the weekly charts and found that my set up was indicating that it will attempt to reach 34xx level giving an upside of over 20%. As we are looking at weekly charts, the move could take some weeks. I notice that there is surge in "up volume" and number of weekly candles closing Green is healthy. Usually when something...
Hi Traders, I was studying the PA of AxisBank and noticed that at ATH level, set up is suggesting that relative volume is healthy and up volume is stronger than down volume. Usually this combination of price at ATH and still strong up volume and healthy close > open PA, stocks tend to attempt higher levels which is what AxisBank may also be doing. Chart suggests...
My set up is suggesting that this will make an up move and deliver decent returns in the short term. Let's see when it touches 39.45 it might hit 44.39 giving 12% returns. As it is coming out of its 3 month range, the up move appears quite probable. Decent up-volume also is good. I am publishing this idea for my own reference only.
Hi TV community. This view is based on my own approach to swing trading. METHOD Select 60 PSU stocks Trade only on the Weekly Timeframe Exit trade when price hits 6.8% over entry price. (The 6.8% corresponds to one year FD interest rate of SBI) There is no concept of stop loss with this approach as we give 52 weeks time for the stock to hit TP level...
Hi folks! Often Traders like to think that their set-up or strategy is 'superior' that helps in identifying opportunities and put them on good trades better than other strategies employed by other traders. They vehemently defend their approach, their indicators and strategies. While some may put total faith in Fibonacci Sequences, others on RSI + MACD with...
Hi TV Community, DISCLOSURE : This article is aimed at those Indian Intraday / Swing traders who are struggling to be profitable while trading Options - especially with Options Buying in NSE. If you are successful trading Options, then this article may not be for you. So, here are my observations on trading F&O - especially Options Buying and an idea for an...
Hi TV Community, I am sharing an idea or an approach to Intraday trading to stay focused, less stressed and importantly stay profitable. All the information is on the chart itself. Hope some of you find this interesting.
Looking at the 2H chart, my set up is showing a long opportunity if price crosses 25.5 level. A long trade could give a profitable 1:3 RR trade. I am recording this idea for my study and reference. Feedback welcome.
On looking at NTRA on 1 hour timeframe, my chart is telling me that a long entry if taken at $117 is likely to give a good trade with decent returns of 1:2 RR or even 1:3 RR. Traders may want to look at this stock and confirm the trade with their own set-ups. I am recording this idea for my reference. Feedback welcome.
My chart tells me that having crossed a key level, the stock has potential to reach the marked levels giving decent returns if a long entry is taken over the current candle. I am recording the idea for my reference. Feedback welcome.
I was observing HD and after a period of consolidation the stock has broken out. The chart tells me that the stock is likely to reach 400 and above levels. It is very likely to reach $370. Traders looking for long opportunity can look at this stock. Study for my reference. Feedback welcome.
Looking at NZDUSD on 4H time frame, long side opportunity opened up at level pointed by the arrow and the chart is telling me that price will reach the upper level. It is a 1:3 RR trade. Even now, traders interested in this pair, can hop in when a retrace occurs. Study for my reference. Feedback welcome.
I was looking at $CME on the 4H time frame. While the optimal buy zone which was around $200 has been crossed, the stock is poised to reach higher levels and the likelihood of reaching $235-$240 levels and going further appear highly probable. It is a good buy even at current price and of course, one must be prepared to hold on to it and give it time to reach...
My chart tells me this stock is likely to reach the marked level. Traders may look for a long trade. study for my own purpose. Feedback / clarifications welcome.