nandodeomkar

nandodeomkar

Yesterday was a green candle. Today if we see a green candle then it will be a follow up to yesterday's candle and we can be bullish. If the highs of 26th November is taken out and the retest is successful then I'll assume the fall has finished and the bull run is back in place. Until the highs of 26th November remain unbroken, I'll not go swing long.

nandodeomkar

Good volumes confirm the breakout. Wait for retest for a good risk to reward.

nandodeomkar

Good Setup. Good Risk to Reward. Needs to break above the supply zone.

nandodeomkar

Good shorting opportunity can arise. Keep a watch.

nandodeomkar

NSE:AMBUJACEM has formed a triangle and gave a breakdown. It has again come for retest now. Has good risk to reward.

nandodeomkar

Good Breakout with decent volumes. High Beta Stock. Can Aim for Big Moves. Wait for Retest for good risk to reward.

nandodeomkar

Breakout of previous high with decent volumes. Wait for restest to enter.

nandodeomkar

The stock ( NSE:HINDUNILVR ) is in a tight range and is starting to stick to the upper limit of the range. It is an indication of accumulation. Keep an eye on it. It is also supported by the 50 period moving average.

nandodeomkar

Triple Bottom and then a Higher High and Higher Low confirmation in NSE:BPCL

nandodeomkar

Nice breakout in NSE:RELIANCE Wait for retest at the horizontal level and then enter. Favourable risk to reward. Set stop-loss according to your risk management.

nandodeomkar

Just price action analysis is shown in the chart. Take trade as per your risk to reward and position sizing. NSE:SBILIFE

nandodeomkar

Spotted a very subtle trade idea. M&M was in a downtrend for a while. The trend has reversed and made clear higher highs and higher lows. The stock has also taken support of the 20-period exponential moving average. This looks like a promising trade for a risk to reward of 1:2.

nandodeomkar

I have spotted a very clear double bottom pattern on the chart of NSE:BRITANNIA The neckline has been broken with force and with volumes. The 20 period moving average confirms the trend we are pursuing. Taking a trade at this point might be risky as the risk to reward is not favourable but keep this setup in mind for the next few days.

nandodeomkar Updated 

As you can see in the chart - stock has given a breakout with increased volumes. 23.6% fib level from the previous swing is also near the retest level. At the retest look for massive rejections of lower levels or double bottoms or inverse head and shoulders. NSE:MCX

nandodeomkar

personal ideas

nandodeomkar Updated 

personal trade

nandodeomkar

NSE:M_M has formed a dark cloud cover. Even the RSI is High. I expect a small correction to occur.

nandodeomkar

NSE:CNXFMCG had formed a triangle and has given breakout now. The Restest of an important level has been done so we can expect the index to go up. Keep eyes on NSE:ITC , NSE:NESTLEIND , and NSE:JUBLFOOD .