One can look for buying on 1 Hour bullish brake for next 17 % move in this scrip , and book at or near the forecast target
I was practically looking this scrip will move up on strong responsive move , but seems the current move is not strong enough to convince its going to make higher high and lower high , and visually it gave very clear message that its looking to come down for one more move down , One can look for position them self in Future contract and book using...
I am looking there will be one more correction in this scrip , then one can look for entering on daily reversal and Look to book near the forecast
I call it crack & Snap trade , Usually this kind of patterns they tend to move down very fast and reverse on inter-day or on daily time frame basis I am looking one flash move down before it turns to upside , One can wait for bullish reversal either on 1 hour or on daily to go long and book near the forecast
Its forming an Pennet pattern , One can look for re-position as long for next move up and look to book near forecast with trailing stop
Bata has made significant move with in short period of time form its recent brake out as impulse leg up One can wait for brake of the structure and close below , then look for sell set up , and book near the take profit using trailing stop method
Hello , Every one dont get confused with chart pattern , this charting is of 7 day candle , in order to reduce the noise i have used 7 trading days candle as single candle for Identifying the pattern , Most of you will be using daily or weekly charting method , My view on BPCL is It has entered in side way corrective pattern and visually appears it has...
here is one more example how professional analyst look in the structure and identify the next move Even if you try to program these pattern you wont get results , the simplest reason is the price move do not give 100 % repeating pattern but what you can do is you can visually identify them and then trade according to the next move , One has to understand...
Any reversal on daily one can look for going long , its Going to go up , The patience is key for earnings , have patience along with trailing the stop on daily low basis , You will enjoy this Gain Good luck
We are in this trade form Quite a beginning , but i am posting now , its going to make one more move up , its a basically an Continuation pattern , One can look to book if holding near the 1st Target level , and for long term also You can look to enter after a correction of 3 wave after 1 st target is done , its very high likely will enter an side ways...
Price movements are very informative in its nature but one has to identify them and their intentions with Guided methods By saying Guided methods means , they must perform on real time basis and also the guidelines should be supported by other indicative information Now here i am expressing two system to be followed 01) A Method of identifying the trend...
This scrip is highly volatile , due to which i had to switch to Ranko Bar , Box size of 225 Points the scrip has corrected and moved out form Ending diagonal , One can visually identify that the down move pattern is zig zag and usually ZigZag are reflective in nature What i mean is if down move is in ZigZag the up side move is very high likely Zigzag move...
One can look for buy set up and this will likely make up to 78 and then it will take decision of pause or reverse Look to book using trailing exit method
When any scrip is analysed , it should be noted and understood before forecasting its next move , in My view it has one small drop on current structure basis and then you can expect Next impulse leg up as wave 5 This one visually represents its expanding its structure as its being moved , So it could end up possibly Expanding ending diagonal which will...
When Automated trading so called algo trading started we anticipated that there will be differently change in the pattern formation and now we are finding it more often then in the past What is most dangerous to retail trader is that they can not identify such changes on real time , I get every day messages of the retail trader who stuck in one stocks or...
This is the classic example of arrogant stock , despite many efforts its not coming down , any up side move one can ignore or book profits ( in case holding) I do not consider its a better idea to go long if it move up , but any drop out of the current small structure one can expect a sharp drop to price mark level so be-patient , not every stocks are...
I am looking there will one more down move before deciding the next direction One can look for trading in futures with your own Method of entry and exit Good luck
One can look for short selling in Futures contract , as this trend is about to make one more nose dive , it will be last correction( Pre-defined) of its Complex corrective structure , Look to trade with entry & Exit method you follow Good luck