As you can see that when the scrip went halfway to the target. we got an opportunity to scale out 1/3 or 1/2 of the original qty entered. this could have prevented losses at the same time would've booked some profits. so when it comes to trading , it is important to keep our fear and greed gauges in check . otherwise we wouldn't survive in this for a long term ....
Add this to your watch list as this forms a good descending triangle pattern . look for BO and take decisions accordingly!
As you can see that this stock has made its consolidation after the multi-year BO . you shall start prepare for making your entry plans.
its a picture perfect triangle pattern . add this to your watch list and see how it works!
index is like a sun in the solar system. if its not there then there's no purpose for planets . likewise, no matter what strategy we use . if index goes south . so does everything in it!
look for any engulfing pattern in weekly tf and only then opt for entries . for long term
have this as a passive form of positional investment . but have a stop loss as well :)
in weekly timeframe this pattern looks promising . one can try making entry after the resistance in 1hr tf is broken
max looks pretty neat and it gives an engulfing pattern in the 1 week timeframe . if the finance index gives a good bullish signal. then opt for entries
make entries based on where the risk to reward ratio is minimum and favourable
as you seen in this chart , the more patient we wait for an opportunity . the more promising one we get! . dont miss!
try to look for any retracements and try to make an entry based upon the RRR mentioned above
As you can see that this stock is at its daily support and at its monthly resistance the chances of breaking out it is pretty high . but consider entering only if theres any engulfing pattern . not some green candles . if panned out well .it will have a pretty impressive RRR. add to ur watchlist
as you can clearly spot a beautiful declining triangle pattern in daily tf . look for entries if the upcoming candle engulfs the wick of the 2 day previous candle
As the picture depicts a good descending triangle pattern . look for it
the small cap is under a confluence of monthly resistance and daily tf support and also forms a double bottom.. focus on how small cap reacts the coming week.
we can expect the market to touch the support in daily tf or else if it breaks the resistance then its good to go as well . until then its better to sit tight!
have a look at some pharma scrips as major pharma stocks ( like drreddy lupin astrazen etc..) are roaming around their support zone . a breakout in this would signal good buying opportunities in them