SBILIFE gave breakout on D candle and it is in retracement . Consider taking long entry above 922. Min target @ 973 , sl @ 877 Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
Look for breakout from Triangle pattern in TORNTPOWER and take trade .
Parallel Pattern and positional trade. Below are Entry , Target and SL. Cancel Sell order if Buy executes and vice versa. BUY - Entry @1004 , Target @ 1090 , SL @ 960 SELL - Entry @960 , Target @ 907 , SL @ 1004
Neutral DOJI candle formation in daily chart - Long @1970 if breaks PDH else Short @ 1885 when breaks low of PDL SL should be low of the previous day candle. Min 1:1 else you can keep trailiing your SL as per risk management.
Trade setups as follows : Breakout trades - Long above 1296 and short below 1262 Support and resistance reversal trades - Short on resitance 1296 and long in 1262 if you see reversal candles Follow strict RM and PS . Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
Buy above 2760 and depends on your RM and PS exit your trades. If you can hold it for long time expect it to reach new HH.
Breakout trades : Go long/short only after confirmation candle Long above 639 Short below 550 Support and resistance trade - Can go long if candle take support in 550 level
Ascending Triangle Pattern. Expecting breakout, Go long above the resistance line based on confirmation on lower time frames.
Go long above the resistance line based on confirmation candle in lower time frame The Cup and Handle : It creates a U-shape, or the "cup" in our "cup and handle." The price then moves sideways or drifts downward within a channel—that forms the handle. Entering a Cup and Handle Trade : When the price moves out of the handle, the pattern is considered...
Pennant pattern - If it breaks resistance go for long else if it breaks support line of pattern go for short . Risk Ration 1:2 Always take entry based on confirmation candles from lower time frame Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
Buy above 822 with target of 835. Sell below 815 with target of 800 . Always see confirmation candle in lesser time frame 5/15 mins and take trade . HH implies supply zone and HL implies demand zone . Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
Triangle pattern formation. Take trades based on breakout/breakdown . All the best of your trading . Always check confirmation candle in lower time frame 5/15 mins and take trade Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
Triangle pattern formation. Take trades based on breakout/breakdown . All the best of your trading . Always check confirmation candle in lower time frame 5/15 mins and take trade Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
Parallel channel / Horizontal channel The upper line of the channel represents the Resistance line while lower one acts as a support line. Buying or Shorting a Horizontal Channel ? Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. Here are the trading rules for entering long or short positions. When the price hits...
Triangle pattern breakout trade . Long on breakout . On short selling, 93 is important support so be careful , If this breaks more downside can be expected.
Trade when breakout confirmation. Expectation of price actin for long term is explained in below chart . Price is trading in parallel pattern in weekly and it is traveling towards resistance so be careful on long trades based on resistance on lower time frames.
Take trade on breakout. Formation of Ascending triangle is for bullishness hence expecting a breakout soon. Follow updates in telegram "priceactionedu" Expecting on long because price is reacting from support of weekly and hourly patterns and stock is in uptrend.
Identifications are marked on chart