guys what you think about the analysis.....please share your views in the comment and follow for more pattern based swing trading ideas....i forgot to analyse the rsi indicator.....you guys can look for rsi also and can predict the market direction
super buy opportunity....with also a break of a channel pattern on weekly tf........buy only above prev day close....bullish trending stock.....hope every retailer will makr money with this today........please let me know in the comments,,,,how helpful you find it
great sell opportunity i think....... 50d ma is beatifully respected, also the recent higher high is quite close which is suggesting, loss of momentum
BASED ON BREAKOUT OR BREAKDOWN ONE CAN SHORT OR CAN GO LONG....
PRICE IS AT KEY LEVEL OR DYNAMIC SUPPORT OR MOVING AVERAGE, WE CAN GO LONG IF THE PHARMA SECTOR SHOWS POSITIVITY.....
WE CAN GO LONG IF SECTOR BANK NIFTY OPENS POSITIVE
WAIT FOR THE MARKET TO GIVE THE DIRAECTION
GUYS COMMENT WHAT MAY HAPPPEN
AN UPTRENDING STOCK CAUGHT IN A SIMILAR TRIANGLE SHOWING PRICE EJECTION TO THE DOWNWARD TRENDLINE AS WELL, I HOPE THIS WILL GIVE A GOOD TARGET TOMMOROW
it has been closed above a good resistance leve, buyers are interested to buy at higer prices, as the candle above the arrow showing bulls powers, and already consolidated in the flag form as shown, i hope it would not be a false breakout.......... the problem is that the rsi is already overbought, so guys please comment what you thinks about it.
RSI also suggesting to buy, and a strong price rejection at the neck line, and almost jumped of that....
best entry time frame suggestions??? i prefer 5min and 1 min sometimes
also a similar triangle on 5 and 15 minute timeframe, guys leemme know what you think about this??