A high probability trade is a trade that has a greater chance of success than a regular trade. So, how can you find these high probability trades? There are a few things that you can observe to find that golden confluence of various important things such as a support level, demand zone, Fibonacci level, moving average, volume, RSI, etc. The confluence zone...
Key Highlights: -Moving in ascending triangle -Testing the previous swing high(Most probably it will fail to breakout) -Bullish Market structure -Buy only above 1055 if there is volume expansion Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Key Highlights: -Consolidating in range -May retrace a bit before the breakout -If it gives a clean breakout with volume, then enter only above 815 -Bullish Market structure -Volume expansion Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Highlights: Approaching the All-Time High Breakout and retest done Volume expansion Bullish market structure About the Company: JK Tyre & Industries Ltd. (JKIT) is an India-based company engaged in the business of manufacturing of automotive tires, tubes and flaps. As of March 31, 2011, the Company had an installed capacity of 9.861 million automotive...
Highlights: Approaching the All-Time High Breakout done Massive Volume expansion Bullish market structure Use an appropriate Risk-Reward ratio as per your strategy. About the Company: Indian Acrylics Ltd is a mega petrochemical project & the largest producer of acrylic fiber. The product range of the company includes Staple fabric, Normal Bright Staple...
Highlights: Broke out of Resistance Breakout and retest Volume expansion Bullish market structure Use an appropriate Risk-Reward ratio as per your strategy. About the Company: IKYA Human Capital Solutions Pvt Ltd is the fastest growing HR solutions company in India, with specialized service offerings in Staffing Services, Training and Skill...
Highlights: Approaching the All-Time High Volume expansion Bullish market structure Use an appropriate Risk-Reward ratio as per your strategy. About the Company: Shivalik Bimetal Controls Ltd is engaged in the business of Thermostatic Bimetal, CRT Component Shunts, Solder Reflow Material, Precision Stainless Steel, Snap Action Disc. Disclaimer: This...
Highlights: Broke out of a major resistance Volume expansion Bullish market structure You are always advised to use an appropriate Risk-Reward ratio as per your strategy. About the Company: Sun TV Network Ltd is the second-largest television network in India, with 20 channels and 43 FM radios in several Indian languages. Sun Tv is the world`s no.1 Tamil...
Highlights: 1. Broke out of a major resistance 2. High volume on Breakout 3. Bullish market structure You are always advised to use an appropriate Risk-Reward ratio as per your strategy. About the Company: Sun Pharmaceutical Inds. Ltd is an international specialty pharma company. The company also makes active pharmaceutical ingredients. In branded markets,...
Highlights: 1. Broke out of a major resistance 2. Volume expansion 3. Bullish market structure You are always advised to use an appropriate Risk-Reward ratio as per your strategy. About the Company: Sun Pharma Advanced Research Company Ltd is engaged in pharmaceutical research and development.The product range of the company includes: NCE Projects- Under this...
Highlights: 1. New All-Time High 2. Volume expansion 3. Bullish market structure You are always advised to use an appropriate Risk-Reward ratio as per your strategy. About the Company: Mahindra Logistics Limited, a wholly-owned subsidiary of Mahindra & Mahindra, provides logistics services to both internal and external customers. It was soon engaged in taking...
Highlights: 1. New All-Time High 2. Massive volume expansion 3. Bullish market structure You are always advised to use an appropriate Risk-Reward ratio as per your strategy. About the company: Salona Cotspin Ltd is engaged in the manufacture of carded and combed, ring-spun greige yarns for knitting and weaving applications, from cotton. The product range of...
Key Highlights: 1. Approaching trendline 2. Flag and Pole pattern 3. Rebound from 200 MA 4. Support from 0.5 Fibonacci level 5. Volume lacking at the moment 6. Early signs of a breakout 7. Stop loss: 936 Better visualization of the pattern using line chart: You are always advised to use an appropriate Risk-Reward ratio as per your strategy. Disclaimer:...
Key Highlights: 1. Approaching trendline 2. Bullish MS on the lower time frame 3. Rebound from 200 MA cluster 4. Volume expansion 5. Early signs of reversal 6. RSI strongly curving upwards 7. Stop loss: 1920 You are always advised to use an appropriate Risk-Reward ratio as per your strategy. Disclaimer: This is NOT investment advice. This chart is meant for...
SGX Nifty seems to be rebounding from the 50 moving average cluster on the daily time frame. As you may already know that 50MA/EMA plays an important role on the daily time frame. Another factor is that RSI is also curving upwards from 45 level, which is particularly a good sign. With SPX(US index) recovering over 2.5% since yesterday, and SGX getting support...
Key Highlights: 1. Bullish market structure 2. Falling wedge pattern 3. Trendline breakout 4. Triangle breakout 5. Volume expansion 6. Target: 1527, 1600 You are always advised to use an appropriate Risk-Reward ratio as per your strategy. P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
A broadening formation is a price pattern characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. Since we have been facing some volatility lately, the pattern seems to be developing. Also, the price is now trading below July month open, which puts the net longs above 15755 in the loss. This means that...
A broadening formation is a price pattern characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. Since we have been facing some volatility lately, the pattern seems to be developing. Also, the price is now trading below July month open, which puts the net longs above 15746 in the loss. This means that...