ajaysingrajput5

ajaysingrajput5

Formation of Cup and Handle suggest entry above 800 with a RR of 2.5, its a positional trade good for swing and momentum too ! 800 levels show is a break out of down trend which suggest bullish bias. This is a conditional trade !

ajaysingrajput5 Updated 

A formation of hammer in the bottom of cup and handle pattern gives more conviction to go long in the trade !

ajaysingrajput5 Updated 

ICICI Bank looks overbought on RSI and a doji formation suggests a double top formation, the chart is pretty self exploratory. Always trade with SL ! ! !

ajaysingrajput5 Updated 

IRCTC has consolidate in a zone and is breaking out of it's downtrend on short term view or swing basis. Targets are marked as follows T1, T2, T3. This is my view, If you have any ideas do suggest in comments !

ajaysingrajput5

Base being built inside the gap if it sustains above 1462, we can see momentum towards 1666. Targets are marked as follows T1, T2, T3. There's a W/ Double Bottom active. Trend line is marked with dotted line

ajaysingrajput5

RBI announced the Repo Rate hike and the market seemed to have a neutral view. Nifty formed a spinning top pattern and has been in a up trend since its bounce from 15200. The Yellow line are Resistance and Blue are Support and the same goes for the dashed trend lines Y=R, B=S Buying pressure can be seen in price action as the candle are creating long wick at...