Friends this Charting software is amazing , very smooth and elegant in look Today i am so happy that they Made Noise less charts more efficient and easy to Go , I am Good advocate for Noise less charting including Kagi, Scatter dots , HLC , and My top pick is Point & Figure Charting today they added 1 step back ward , print of Box/ 0 , which will help...
The most important for Analyst is to identify the next possibilities what are the best complex or non-complex pattern can arise when scrip reach to certain price level Analyst have to understand the past , and have to look in the present and have to forecast the feature Forecasting is an Acquired knowledge after deep practice in the analytical process (...
I am looking this as one of the opportunity for long trade for next move up One can wait for price to drop and reverse near the entry price level mentioned in the chart and look to book near the forecast using trailing stop
One can wait for price to drop , as its in congested zone wait for 1 hour reversal in order to enter and take profits near the forecast using trailing exit method
One can look for entry on brake of price level and look to book near forecast using trailing stop method
One can look to buy on CMP and look to book near the forecast using trailing stop method
I am looking one can add if drop takes place in the scrip , You can look to buy on reversal and book profit near forecast using trailing exit method
One can look for short sell set up , One has to wait for close below the channel before considering trade for short sell , it can brake down and then move up , so wait for strong close below the channel and Look to book near the forecast using trailing stop method
One can look for entry in cash , as Future spread is very high and this scrip has lots of volatility and book near take profit using Trailing stop on 1 Hour candle low
One can look for entry and exit described in the chart , its high likely will move up as per forecast
One can wait for 15 Minits candle to close bullish for entry and look to book near the forecast
I am not happy with the structure formation , I am looking more down side movement from the current level One can look for weak stocks for shorts in Future contracts
I am still looking this pattern indicate one more move up in coming days , One can look for buy set up on Scrips which have Positive movements
Well all of these days i was looking for swift correction before making an strong up move ( One of the corrective pattern ) But it seems the market is not looking back for any correction , its clear message on weekly and Monthly they have ignored all the previous rejections and closed above the promising price structure , so my view has changed from...
On Few rare patterns i have seen in the market and i believe its one of the possible pattern One can look for sell set up and cover using the Trailing stop method
I am posting this because there ware few pings form followers asking what is the faith of this scrip in coming days Well its in complex pattern tats the reason everyone is freaking out its move up and then ends up pausing in the same range Its high likely will make up to 1557 , when we see on inter-day pattern its very congested move , so if you are long...
I am looking for one more move up in this scrip , but one has to wait for 1 Hour reversal ( bullish brake out ) Many have pinged me asking do they have to enter on brake of the price , I request not to do it , but can wait for 1 hour reversal candle to form and brake of it can buy and look to book near the forecast target
I am looking for one more move up in this scrip One can wait for 1 Hour reversal for buy set up and look to book near the forecast using trailing stop method