Skulpin

Skulpin

Nifty is trading in a range for sometime. no good news in market to move nifty higher. series of bad news are only coming. recent one day upmove after the sharp sell off was just a short covering i believe. but be ready for reversals as whenever retailers turns completely biased in one directon market does the opposite to trap traders.

Skulpin Updated 

Nifty is in a range now and consolidating. unless it gives a clear breakout in any direction we cannot be bullish or brearish. it is likely to consolidate for some time. Follow me for regular updates.

Skulpin

all the details explained in chart. ## follow me for regular updates##

Skulpin

taking support at 100SMA and 61.8% of fibonacci retracement level i.e we are getting confluence of two good setup. So it can be a good long oppurtunity. ## Follow me for regular updates.##

Skulpin

After breakout first measured move target achieved. Now if croess the above it we can expect it to reach the larger measured move target. Follow me for regular update.

Skulpin

Bata has given a trading range breakout. can go long as shown in the chart with shown stoploss. Follow me for regular updates. :)

Skulpin

Often Break outs turn out to be a fake one and it traps traders. we can see a good example of this into this chart. one way to confirm the break out is to wait for a good follow through bar or retesting of the breakout point. Don,t initiate position just seeing breakout if you wan to be safe.aggresive and experienced traders can do so but for retailers its better...

Skulpin

gail gas created a double bottom. Rsi momemtum is also positive. its a good swing oppurtunity. Follow me for regular update.

Skulpin

After bear breakout from the bear channel now RSI divergence can be seen in the chart. so we can expect a short upmove till the mentioned level. Follow me for regular trade ideas.

Skulpin

After making triangular pattern breakout has happened on the upside. Also retested the BO point which confirms the Breakout. Follow me for regular updates on new trade Ideas.

Skulpin

after a long bear flag finally idfc first bank has given a breakout. If sustains above the level den a good oppurtunity will arise.

Skulpin

Self Explanatory Chart :)

Skulpin

From long term resistance ceat has reversed with good bullish candles. now after a slight retracement it is again at the brink of breaking a resistance level and by judging from the bullish momentum it will break the level. if after breaking it sustains above it then it will provide a good swing oppurtunity.