mahhisingh

mahhisingh

wedge pattern breakout done. entry can be possible today at 9.15 Stop loss - low of yesterdays candle{74.5} target-1st 97, 2nd-110

mahhisingh

.entry above 47 . SL -low of entry candle or 7-10% . target - 1st-54, 2nd-61 One should take entry after closing around 47. Happy weekend.

mahhisingh

took support exactly from 650- levels target 1st--- mid of parallel channel 705-710 target2nd-- upper resistance level 750-760 I have uploaded this chart already on 23 may.

mahhisingh

<If there is small range then we should trade after breakout either side. <It has a range of 15% which is enough for swing trade. < Whenever there is a huge range, we should trade at the edge of the parallel channel. < Here, price is touch lower level of it so we should enter here for better risk-reward ratio. <Long position should be initiated at a level of...

mahhisingh

This pattern has 250++ bars or 1 year+ data. it is sustaining above fib level 0.5 or 360-365. There is a supply-demand conversion zone( golden) where it may face resistance. Entry should be after a bullish candle at the golden zone or above 400(round level). Next, there is hidden trendline (dashed) , which will act as a resistance. How to trade? initiate trade...

mahhisingh

NSE:BHARTIARTL hovering between 780-650 zone. Now, it is heading towards support zone 650-660. entry should bein between 650-660. target 1st-mid of this channel 715-720, 2nd-resistance zone 770-780 Stoploss-630-635( small SL) Either will take support or breakdown. If a breakdown then closes the trade.

mahhisingh

NSE:SBICARD it is forming double bottom at supply demand conversion zone on weekly time frame. This time it stands just at support level. We should initiate a medium term position here with small quantity & will keep adding at retracement on daily time frame. Expected targets are- 1st 900 & 2nd 1050. it is also a investment type opportunity it may take months...

mahhisingh Updated 

NSE:FORTIS it is hovering between 230-300 levels it has taken support 3 times already from 220-230 levels. it is coming toward support level again so we should initiate buy entry here. Expecting target should be roof or 300 level. SL should be below the support zone, wicks are just noise so SL is below the wicks zone. It is for those traders who take entry...

mahhisingh

The green zone is a supply-demand zone where tata motors took resistance two times and at the third time as it touches the zone gave breakout on higher side. It is the first time when it came back to the zone where the zone will behave as support. It will move in the upcoming weeks if sustain above zone. I attached a chart of NSE:AMBUJACEM , its chart also look...

mahhisingh

NSE:COALINDIA Pros- .Supportive trendline trade is one of them which has a huge risk-reward ratio. .It is easy to trade compared to others. .Less complexity in the chart so the charts look clean. . . Cons- finding the perfect inclined trendline is time-consuming or we can say little bit difficult. Procedure- . First, find the trendline with an inclination range...

mahhisingh Updated 

it is approaching towards 800 levels, so entry should be initiated 800-815 levels. In these types of patterns breakout fail most of the time. Breakout people buy at breakout of this long range but if we initiate trade entry earlier then we will Square off at those levels where 90% of people rush for buy. Tip & Tricks- .we must be entry earlier...

mahhisingh Updated 

.price is consolidating near counter trendline , so we can expect a potential breakout this week .I have back tested these types of pattern & got accuracy around 65-70% with RR ratio not less than 1;2 .Entry possible when engulfing candle near counter trendline. Three targets are mention in chart, gain accordingly Happy trading

mahhisingh Updated 

.triangular pattern with good consolidation near counter trendline , if it gives a engulf candle around 4-5% , entry possible. .Make sure for swing trade entry should be at the end of day to avoid fake breakout happy trading

mahhisingh Updated 

kuntum papers is at lower of pattern 1. we should initiate an entry here with keep SL below channel pattern, it will be a high risk reward trade. 2.exit will be either at upper level of pattern or if breakout happens then hold until target 1st done.

mahhisingh Updated 

This is a Beautiful example of roof & floor concept we should take entry at floor value between 440-425 &..Exit will be at roof value 520-530 Keep SL below the floor zone 415-410 In this concept, price moves in between roof & floor until there is no breakout on either side Whenever the price will close either below the floor or above the roof, the price move like...

mahhisingh

break down with engulf candle 8%.... it may touch level of 170 in upcoming weeks

mahhisingh

I analyzed previously that it may take support from support level but today open with gap down. Range break down with huge gap down. It may be due earning & all but technically, it is weak now. So now there is no opportunity for buying entry until it will not come into previous zone. Quote of the day-- Perfect practice make perfect. Happy weekend.

mahhisingh

entry should be initiated at lower support . it is a low risk risk high reward trade. SL should keep below green support zone. Happy Trading