The script has given a beakout.Trade accordingly.The stock can make new highs. This not a call just for educational purpose.
The stock is under accumulation for the past few months.The chart is self explanatory.Read the details given in the chart for a thorough knowledge. Option sellers can use this script by doing strangle or straddle with break-even falling between 885-999 preferably. This post is for educational purpose only.
The script has given a breakout in the D time frame the last week with huge volumes and has consolidated since then.Check out my previous post on Aarti Industries as well.Now on checking the smaller time frames I found good consolidatory channel and triangle pattern.It could give a intraday breakout.So, the 15 min chart would be perfect.One could take a trade on...
The stock has given breakout in the 2h time frame after a good consolidation.This is a short term pick with the targets of 960 and 980.Stop loss will be below the breakout candle at 915 or below the supportive trend line. This is for educational purpose only.Trade only if it falls as per your risk reward setup.
The share price of Privi Specialty Chemicals rose by more than 7 per cent on Thursday with a spike in volume. The volume spurt of more than 2.5 times was seen on NSE and BSE in shares of Privi Specialty Chemicals. Privi Speciality Chemicals Limited is India’s leading manufacturer, supplier, and exporter of aroma and fragrance chemicals and a globally trusted...
This post is a continuation of my previous few posts pls look into those posts and continue with this.All information is stated in the chart.If any doubts are suggestion pls do comment.
Pls look into the previous post as this is a contio=nuation of it.There is another post after this which is a continuation of the same.
This post is for educational purpose only.In the post we will discuss on how to analyse the chart of a stock on multi-time frame.We will also discuss on how to take a trade after the breakout on the consolidation after the breakout for few trading sessions.Also look into the next few posts which is a continuation of this post.
In this post we will see how to initiate a trade in a dilemmatic sitiuation,i.e.,a small green doji type candle coming out of the falling wedge pattern,which leads to the confusion whether to take a trade or not.We would be in dilemma whether it is a breakout or a fakeout? Whether to initiate a trade now or to wait ? In such a situation taking help of a indicator...
As seen NIFTY 50 INDEX has been respecting the above spotted trend line after the breakout of broadening channel pattern. This an educational post on trend analysis and how to spot the trend lines.
The analysis is on how to create a low risk high reward trade with RSI being a key indicator,together with previous broken resistance line now acting as a support. If the price slope of the stock is negative (bearish) and the RSI slope is positive (bullish) it is an indication (RSI BULLISH DIVERGENCE) of the reversal in the price of the stock.With the previous...