Just posted chart for learning purpose, please note the retracements levels bounce from key levels. How stock behaves at key levels marked to form price action on downside when the latest swing was marked using fibonacci retracement After Forming W Pattern at bottom, confirming through RSI Divergence, 1) First Retracement to 38.2% levels, then came down 2)...
One can trade position easily on the break of trend line with your risk reward ratio As per my Inspiration,Mr Mitesh Patel, When you know the stock is going to fall, dont just keep watching, take some action at least as per your risk capacity. 1) Short in Cash 2) Buy Put 3) Sell Call 4) Short in Futures Remember to follow Money Management Trade as per your...
Once can short for levels of 900-880 if the above resistance is not broken, with broader markets being bearish, i am expecting it to react once for a pullback before crossing the resistance level.
one can trade on breakout of ascending triangle for Bullish Trend
Superb Bull Flag Breakout Given, One can go long with proper entry exit in lower time frames
Pls comment if anyone does not agree to this view, i will be happy to discuss Once crosses 1250. its a clear indication of completion of pattern