The_SharkTrader

The_SharkTrader

1. Big rounding bottom pattern 2. ATH breakout 3. Risk reward is 1:6+ 4. Best entry triggers at retest 5. 5 years Breakout (probability for 2-3x returns)

The_SharkTrader

1. Double rounding pattern 2. Fresh Breakout 3. Target as per technical is ATH 4. Breakout confirmed with Banknifty chart

The_SharkTrader

1.Price at major support 2. Downward channel (most likely to breakout on upside 3. Risk to reward is very attractive

The_SharkTrader

1. Very good and tight Consolidation 2. Risk to reward is very handsome 3. Probability of failure of such structure is very low 4. It can be good for positional investment

The_SharkTrader

1. ATH & 52 weeks high 2. Breakout and at retest level, resistance turning into support perfect example 3.Trend is bullish 4. In line with market 5. Risk to reward is 1:6.75+

The_SharkTrader

1. Price at support 2. RR is good 3. Trend is bullish

The_SharkTrader

1. Price trading at support 2. Bullish falling wedge pattern 3. Risk to reward is 1:6+

The_SharkTrader

1. False breakdown to trap sellers and price is back to above support 2. Have been in downtrend from a very long time, so a good pull back can be seen for swing trade perspective 3. If hold for long term, then considering the SL below the support and target at ATH, risk to reward is very lucrative.

The_SharkTrader

1. Trend is bullish 2. Price facing rejection at pull back 3. Risk to reward is handsome, if price gives a pull back

The_SharkTrader

1. We have a breakout and retest on the chart 2. Major trend is bullish 3. Risk to reward is 1:6+

The_SharkTrader Updated 

1. False breakdown of monday candle low, if this was a false breakdown, then we can see price covering up even further in coming days 2. If small risk can be considered we can see new highs 3. Downward channel 4. Risk to reward is 1:3+

The_SharkTrader

1. Trend is UP 2. Break of neckline of double bottom 3. Double bottom reversal confirmed to get in line with main trend

The_SharkTrader

1. Fresh ATH breakout 2. Closing is with wick, there can wait for price to close above wick, or wait for a pull to find good RR trade 3. Trend is up 4. 7%+ ROI in last week, still long way to go with fresh breakout

The_SharkTrader

1. Price trading at support 2. Before TL breakout if entry if made, some extra reward can be taken against the least probable stop loss 3. Chart is facing resistance from ATH, probability is to break the resistance in coming days

The_SharkTrader

1. We got confirmation of price reversal with Inverted H & S 2. Risk to reward is not favorable as yet, so will have to wait for price to retrace minimum to neckline to find a good RR trade 3. Major trend is bullish 4. Breakout is strong

The_SharkTrader

1. Nifty is consolidating this whole week 2. All days were within the first day candle 3. Either side breakout can lead to a good momentum

The_SharkTrader

Reasons: 1. downtrend channel breakout and first pull back 2. Risk to reward is extraordinary 3. Major trend is bullish

The_SharkTrader

1.Chart is in uptrend 2. Fresh breakout after 4 months 3. No immediate resistance on the chart