TradingSutra

TradingSutra

TRADING STRATEGY: BUY WITH SL OF 600 AND LOOK FOR THE TARGET OF 720/780/845 . Minimum 12% return from cmp in coming weeks. THEORY: Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure....

TradingSutra

Have a look to the close correlation between NIFTY and DXY

TradingSutra

Trading strategy: Buy with SL of 2240 and look for the target of 2600/2700. later on the measured target . Theory: The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge...

TradingSutra

Trading strategy: Buy near 1995 , keep SL of 1950 and look for the target of 2050/2080. 2080 is the level where wave 5 = wave 1 Theory : MOTIVE WAVES: : Motive waves are progressive waves which shows the trend is going to progress & are having a five-wave structure. While the corrective waves are a halt to progression and consists of a three-wave...

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Upon observing we can count five waves up from the inception and a corrective fall forming LL LH from the top. The recent price action suggests that the correction is completed and the crypto is ready to move into the strongest phase of the cycle. If our assumption is correction then the low of 75 is going to be intact and the crypto will be moving up higher in...

TradingSutra

Trading Strategy : Stock has given a breakout of the formation of cup and handle. One should buy the stock near the current level i.e. 790 and keeping a stop loss of 750 , look for the target of 825 which is immediate target, later on can see the targets of 850 and 900. Buy: 790 Stop loss : 750 Targets: Tgt 1: 825 Tgt 2: 850 Tgt 3: 900 Theory: The Cup...

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Inverse Head and Shoulders This pattern forms after an extensive downside rally. It consists of a left shoulder, a head, and a right shoulder. The left shoulder is formed after a big bear rally in which the volumes are quite large. At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the...

TradingSutra Updated 

Stock is rising in an impulsive way & can be seen forming a five wave structure of which currently a triangular wave 4 has just completed. Buy on cmp with SL of 2180 & look for the target of 2350/2400

TradingSutra

Stock is rising in impulsive manner. We can clearly spot impulsive nature of price action. Currently we can expect the 4th wave completion & the stock is rising up into its 5th wave. One should buy the stock with SL OF 610 & look for the target of 900-980 zone.

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Range breakout with strong weekly closing. One should buy the sock with SL of 1140 and look for the target of 1360/1440 in coming weeks

TradingSutra

Stock is making a diagonal pattern, (should be treated as leading diagonal) . Anticipating a bottom formation one should go long on the stock on current levels with SL of 320 (clbs) and look for the target of 410 and 450 .

TradingSutra

Stock is has formed a bullish flag pattern on weekly chart being the support region near 850 zone & resistance area at 1000 zone. Any sustained move above the level of 1000 will lead the stock to the new highs in a very sharp upside rally. Stock is consolidating from last 1 year , so the momentum after the breakout wil be strong. Trading strategy: Buy above...

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Stock is rising in an impulsive manner and the current fall can be taken as a zig-zag 4th wave correction. One should go long on the current levels for investment purpose and look for new all time highs as targets.

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Stock is taking a zig-zag correction. Any bounce should be taken as selling opportunity preferably in the region of 825 with SL of 860 and look for the target of 725/680

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Stock is making HH HL on every time frame . One should buy the stock with sl of 409 & look for the target of the 465/485

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Considering running flat on higher degree & the previous diagonal as an ending diagonal , crude can be considered in 5th wave of higher degree. One should go long on current levels with SL of 91$ & look for the target of the 97$ and 99$-99.7$

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LEADING DIAGONAL: In a leading diagonal , waves 1,3, and 5 are all impulsive in nature or all in corrective form of zigzags. Wave 2 and wave 4 are always present in a zigzag form. A leading diagonal suggests the starting of a new wave & that is why it can develop wave 1 of a impulse wave and a first wave of a zigzag pattern. Either a larger correction of higher...

TradingSutra Updated 

LEADING DIAGONAL: In a leading diagonal , waves 1,3, and 5 are all impulsive in nature or all in corrective form of zigzags. Wave 2 and wave 4 are always present in a zigzag form. A leading diagonal suggests the starting of a new wave & that is why it can develop wave 1 of a impulse wave and a first wave of a zigzag pattern. TRADING STRATEGY: Buy Crude oil :...