At a demand level At 50 ema support at 1 hr At trendline support At fibonacci golden zone Volumes are low during pullback And trendline breakout confirmation of uptrend continuation
Auropharma is making an inverse head and shoulder pattern at a resistance level, now this is not a reversal pattern, it is a bullish continuation pattern which forms during an ongoing trend. The only point of concern is that the pattern is being formed at a resistance level of weekly timeframe. Weekly levels hold more weightage than any short period timeframes. If...
Bullish Flag is observed in hero motocorp at 1 hour timeframe. If nifty supports the upmove. This might be a good trade of very low risk and high reward. I will book half of my profit at 1:2 then trail the rest
Axis bank is making a flag pattern at 1 hour with descending Triangle. It is a low risk high reward trade of 1:3. Strict Stop loss
Tata motors has taken support at daily trendline and broke out. It has retested the same breakout level with an inverse head and shoulders pattern after forming a descending triangle. It is a classic example of multiple bullish patterns along with each other. Apart form that it is consolidating at its 20 ema on hourly timeframe. Timeframe is 15 minutes with...
Top reasons for this trade # paytm is at 1D trendline # hammer candle at 1D at 50 ema, shows rejection # descending channel at 1HR timeframe # entry only after the pattern breaks, SL below the pattern and target 1:2
Ongc breaks resistance and now forming a consolidation pattern which appears to be a falling wedge. My entry above the consolidation pattern breakout
A very low risk long trade in bharti airtel. Here are my top reasons - Trendline support - resistance turned support. Breakout and retest - ema 50 support I will enter long only after a double bottom is formed at 1 hr timeframe
LTTS Looking good for a long trade setup. Here are my top reasons - At weekly key level, resistance turned support - Hammer candle at daily timeframe showing bullishness - At fib golden retracement area - Support of EMA 100 - Trendline support too I am going long after a double bottom is formed at 1 hour timeframe. Do your own research before entry.
Broke out of the resistance and now retesting the new support Bullish harami pattern at the level Entry above mother candle high, sl below mother candle low and min 1:2 target
Uptrend, trendline support and cup and handle continuation pattern at 30 min. Looking good for long
Trendline support at 4hr Fib retracement to golden ratio Falling wedge at 15 min
1. Trading inside a channel at 4H. 2. Double bottom at 1H