SALE LEVEL @ 228 FOR TGT 223 WITH STOP 234 228 - BCOZ THAT IS WHERE THE NECKLINE OF HEAD & SHOULDER PATTERN WILL BE BROKEN NO OTHER PARAMETERS ATTACHED. disclaimer - study own n enter.
INDEX HAS BEEN GIVING SHORT TERM CONGESTION SITUATION TO TRADERS >>> AFTER A RALLY, COMES A SHORT FRAME PERIOD WHERE THERE IS EQUAL STRENGTH OF BUYERS & SELLERS (CONGESTION SITUATION), WHICH IS THEN FOLLOWED BY A SHORT RALLY >>> IS THE CURRENT CONGESTION END OF RALLY POST BREAK OUT >>>>> WHO WILL NEXT OVERPOWER THE MARKET >>>>> BUYERS OR SELLERS ??? >>>> OR...
Part 1 – Methodology Plan This is the framework of your trading plan. Without thoroughly making these decisions, your plan may not be fluid. Part 2 – Your Money Management Plan Money management is the most important part of the plan. This is where you should understand how “risk of ruin” relates to your trading. When calculating your risk of ruin, any number...
SCRIPT 52 WEEK HIGH @ 2457 CMP @ 2400 BULLISH BAT COMPLETION LEVEL @ 1700 OVERALL ALL OSCILLATORS SHOWING NEUTRAL OUTLOOK SALE NEAR CMP LEVEL KEEPING 52WEEK HIGH 2457 AS STOP WITH TARGETS T1 2378 T2 2250 T3 2123
>tested twice 0.50 retracement level >rounding pattern formed >ascending triangle formation ***breaking neckline of all above three can lead to T1 1105, T2 1160 T3 1223 ***keeping STOP 923 disclaimer - for study purpose.
POSSIBLE TARGETS AND TRADE ENTRIES MENTIONED IN CHART VIEW NEGATES IF DAY STARTS N ENDS OPPOSITE . disclaimer - do your own research before entering.
FRESH BUY ABOVE 475 LEVEL STOP LEVEL 463 T1 484 T2 491 BASED ON INSIDE BAR STRATEGY & RESISTANCE ZONE COMBINATION
RESPECTING BULLISH BAT HARMONIC PATTER, THERE CAN BE A POSITIONAL SALE GENERATED IN SCRIPT @ 433 WITH SL 444, TARGETS ONE CAN PLACE BASED ON RETRACEMENT THEORY OR AT YOUR OWN COMFORT WITH TRAIL SL . .............................................. IT WILL BE GUD TO WATCH IF THE SCRIPT SINGS THE SAME HARMONY LIKE THE PATTERN...
INDUSIND HAS BEEN PERFORMING WELL AS COMPARED TO THE WORST HIT STOCK DURING COVID RAIN , BULLISH DAILY BODIES FORMATION BACK TO BACK + RSI CONSISTENTLY ABOVE 60 & 80, BUT THIS SHOULD NOT TEMPT WE TRADERS TO THINK THAT NOW IS THERE POSSIBILITY FOR A U- TURN OR A PROFIT BOOKING DAYS --------------------I WOULD SAY MIGHT NOT BE AS OF NOW LOOKING AT THE LONG BUILD UP...
REASON & LEVELS IN CHART POSTED disclaimer - for study purpose
disclaimer - for study purpose only.
disclaimer - for study purpose only.
IT CAN BE ENTERED NEAR 211.8 LEVEL WITH 210 AS SL, TARGET AS COMFORT AND WITH TRAILING STOP
A FALL TILL BASE SUPPORT LINE ON CARDS ? disclaimer - for study purpose only.
1- TREND LINE BROKEN 2 - INVERSE HEAD & SHOULDER PATTER NECKLINE BROKEN 3 - ROUNDING PATTERN BROKEN -------------------------------------------------THESE 3 INDICATORS SHOWING BULL STRENGTH ----------IF PLANNING TO ENTER MAINTAIN SL @ 116 WITH TARGET RANGE 126+ ON CLOSING BASIS. disclaimer - trade @ your own risk.
BASED ON EXPLANATIONS GIVEN IN THE ABOVE CHART TAKE THE ENTRY BASED ON YOUR OWN ANALYSIS TOO .
SCRIPT IS AT A CRUCIAL HIGH BREAKOUT LEVEL - REST ALL PARAMETERS TOO SUPPORTING THE UPMOVE FOR NOW - INTERESTING TO WATCH WHATS NEXT IN STORE FOR HDFC BANK –––––––––––50 & 200 MOVING AVERAGE SHOWS GOOD ENOUGH GAP WHICH TILL STAYS AS IT IS CAN BE AGAIN IN FAVOR OF MORE UPMOVE------------- disclaimer - for only study purpose.
POSITIONAL BUY @ 178🎢 , WITH SL 173 - BASED ON SYMMETRIC TRIANGLE FORMATION disclaimer - do your own study before investing.