CUMMINS INDIA gave a fresh CUP & HANDLE pattern breakout on weekly timeframe , . . Factors Supporting this breakout :- 1) VOLUME BUILDUP :- From the last 3 week trading session where the price is increasing continuously the volume is also increasing which denotes strong hand buying by the traders. 2)MACD:- MACD is showing is a positive divergence and also...
If you are also struggling with your new trading career then don’t just worry, it’s not like if you are only one who is struggling, as all the new comers goes through this same phase, and those who keeps believing in them and keeps the grind on eventually pass this stage and become a successful trader in the end. In this post we will discuss about what one...
Taking A Right Breakout Trade Can Be Really Benifical, But What If It Is A Fake Breakout , Than It Will Be A Real Pain .... There Is No Way One Can Completely Avoid All The False Breakout , But It Is Possible To Avoid Most Of Them With Certain Strategies ,Which We Are Going To Talk About In This Post . . So, Lets See How To Not Trade A Breakout And Avoid Fake...
L&T Infotech: Buy | LTP: Rs 4510 | Stop-Loss: Rs 4190| Target: Rs 5100 and 5900 . . . L&T Infotech took support from cluster of 200 EMA and MA supported by bullish engulfing candlestick pattern But it got trapped in descending triangle pattern on 4Hr time frame . . Supporting factors of this trade :- Support from 200 EMA and MA after Bullish engulfing...
Power Grid is moving in a parallel channel from past couple of weeks and now it is taking support from bottom of paralle channel . . . RSI is sitting at a lower level supporting long position . RSI forming a Bullish Divergence again supporting the long position Bullish Engulfing candlestick pattern at the support zone . . . Leaving the target to you guys...
3MINDIA is now at the urge of retesting the recent breakout from symmetrical triangle pattern at weekly timeframe 1.) Frist retest point is near 200MA 2.) Supported by RSI 3.) Volume expansion Execute the trade onle if you see some good sign of bullishness at time of retesting TARGETS ARE ALREADY MENTIONED IN THE CHART KEEP STOPLOSS ACCORDING TO RISKPROFILE...
HEROMOTOCORP has made a H&S pattern on a weekly timeframe Target and stoploss are already marked there in charts execute trade only if sustain a weekly candle below neckline SWING IDEA I m not a financial advisor take ur trade accordingly
Eicher motor is ready for shorting if it closes below the marked price level 1) Latest close is below 200MA 2) Huge volume Expansion on latest Candle 3) Bearish candle at time of crossing 200MA 4) several months of support line breakdown if trade executed You can enter with 50% of your capital if closes below on daily timeframe and add up rest when it retest the...
Everything is mentioned on charts , Buy above on day closing basis , check for volume Very small stop lose
Zeel is ready to give a Breakdown on weekly time frame You can enter with 50% capital if it closes below 177.60 and add up rest when it retests target are mentioned in the chart Also volume is started expanding Only for educational propose , please ask your financial advisor before taking any trade