Rajan_Mourya

Rajan_Mourya

If the given range is taken out we can expect a good momentum till the nearest swing. Just keep eye on this when the entry is triggered. If you observe the L&T structure you will find that it gives consolidation breakout, consolidation breakout same pattern it's following.

Rajan_Mourya

If you observe the NIFTY on 1H TF, it's following a channel from the last couple of days. If this is taken out with the nearest swing we can expect a good momentum. (Proper example of base formation)

Rajan_Mourya

On 4H TF reliance is looking good and it has given a breakout of resistance which is tested couple of time. We can expect a momentum till 2800, there is open area for reliance to move out. For entry you can use 5 minutes TF. (Only price action, no news)

Rajan_Mourya

If you observe Nifty on 5 Minute TF, so you will that it's in range. So if it breaks that range we can see the good momentum either side. So Mark this levels and play around this

Rajan_Mourya

If you observe this stock. It has given breakout on weekly TF and entry is activated. If someone is looking for a positional trading, It is going to be a good trade. Just observe this trade.

Rajan_Mourya

If you analyze the 1h TF you will find that it has broken the zone and looking good for upside. You can use 5 minutes TF for making entry in the trade, Observe the levels on 5 TF

Rajan_Mourya

If you observe the market on 1h Time it's is in good range and if it gives breakout to that level, we can expect a good momentum either side. And also you can take entry based on 5 minutes TF for intraday. Before taking trade make a view, that will help in the trading.

Rajan_Mourya

If you observe today's closing is in between the day's high and day's low, So for next there is high chances that market will be range bound after opening. Just see the 1D TF NSE:NIFTY

Rajan_Mourya

Observe the behavior on 4H and 1H TF, A good Base Formation if break out it will give a good momentum