The price gives the breakdown of the parallel channel and of support1. Futures Trade Short: 118.10 Stoploss: 122.65 Target: 111.30 Options Trade Bear Spread +1x 29SEP2022 120PE -1x 29SEP2022 115PE Max. Profit: +12,375 Max. Loss: -10,125 Max. RR Ratio - 1:1.22 Breakevens : 0-117.5
Gail is at the support and Bollinger Bands are squeezed and the breakdown of the lower band. Macd is Bearish Crossover RSI is below 40 So short near the close of the candle for the targets of 84 and 78.
Hey, check out the trade setup for Industower All 3 parameters are matched for a short trade. Trade setup in Futures Short : 193.10 Stoploss : 201 Target : 170 and 163 Options Trade Bear Spread Buy 29Sep2022 195PE Sell 29Sep2022 190PE Max. Profit: ₹ +7,280 Max. Loss: ₹ -6,720
Hey.. What do we get if we analyse one chart with two different theories ? Is it a good idea ? We use different techniques and methods to analyse a chart. Some traders use chart patterns, some use moving averages and others use any other technique. We all did the analysis to determine the trend of that instrument. What if we use two different theories for the...
Lupin looks very weak on the daily charts. Trade setup according to the 3 parameter strategy Short - 632 Enter the trade near the close Stoploss - 664 for the aggressive traders Target 1 - 613 Target 2 - 557
Patterns play an important role in trading. Especially when the same patterns appear on the different time frames. In Marico we see the formation of triangle patterns on Daily, Weekly and Monthly time frames. Daily Chart - Ascending Triangle Pattern In two trading sessions the price had tested the upper and lower length of the triangle. So, from this we predict...
The stock looks bullish on 3 parameter strategy. Sentiment: Bullish Buy near the opening price
Sentiment: Bullish From these levels the stock can show the targets of 3327 Analysis: 1. Bollinger Bands are squeezed and the breakout of the upper band. 2. Rsi is above 60. 3. Macd is bullish crossover.
First target 260 and second target 280. 3 Parameter Strategy 1. Bollinger bands are squeezed and breakout of upper band 2. RSI is above 60 3. Macd is a bullish crossover Trade Setup Enter near the close of the signal candle. First Target 260 Second Target 280
The energy index looks bullish on weekly charts as there are no signs of weakness. As the Heikin Ashi chart has been making green candles also the structure of the chart is good. The overall feel of the chart is good. On daily charts the price is on the bottom of parallel channel and on the same pivots. Renko is also making a green brick. The stock may face high...
Nifty looks Dicey. Buy above 18000 and Sell below 17400. The next resistance is at 18275 and support is at 16614. Nifty is at its important resistance level 17717. In the last trading sessions the nifty had rejected from these levels continuously. Macd is in a bearish cross. Renko chart painted a red brick leading with a light green brick. For educational purposes only.
Trade Setup Enter the trade at the opening. Stoploss at the low of the signal candle for aggressive traders. Stoploss below the 20ema for positional traders. Trailing stoploss after a 5% move. Analysis Notes Bollinger Band is squeezed and the breakout of the upper band. Rsi is above 60. Macd bullish crossover For educational purpose only.
Trade Setup Short October Futures from the pullback level or current level. High Volatility Candlestick Chart 25% move from 32290 (17 Jun 2022) to 39759 (19 Aug 2022) If we draw Fibonacci retracement for the same level then the 38.20% level comes at 36906.40. Macd - Bearish Crossover Renko Chart Fake breakout of resistance at the level of 39011 and...
Trade Setup: Enter at the opening price. Avoid the stock if it opens with a gap-up of more than 2%. Stoploss should be at the low of the signal candle. But the candle is big in size so we can place a stoploss below to sma20. All 3 Parameters of the strategy are matched. The bollinger bands are squeezed as compared to the previous structure. The signal...
On the Candlestick and Kagi Charts the level of 17490 is an important support, also the Moving Average of 20 periods is at 17484. So, If Nifty gives a breakdown of 17490 then it will test the levels of 16921 (38% of Fibonacci Retracement). The next support is on 16800. The range of 16920 to 17490 has many gap up openings. The overall setup of charts indicates the...
Moving Averages From the last 2 days the stock traded below the 200ema. The ema lines are making a wave like pattern. The distribution of 20, 50, 100 & 200 ema is very proportional. Breakout Today the stock gives 3 successful breakouts. All breakouts are in the last 3 hours of the market. First breakout of 20ema. Second breakout of Resistance. ...
Analysis Notes The signal candle gives the breakout of a Resistance and the Upper band of Bollinger band. The stock gives the breakout of the range of 39 days. Bollinger band has squeezed and the signal candle gives the breakout of the upper band. RSI>60 Macd - Bullish Crossover
Keep the stock on the radar for the breakout of Resistance1 (262) This breakout of Resistance1 will also give the breakout of Ascending Triangle Pattern. The stock has the potential to become an Multibagger stock. Important Points Ascending Triangle Pattern The Resistance and the Upper Length of Ascending Triangle are at the same level. Analysis...