techmental_AK

techmental_AK

Looks like RAIN is ready for a bull run. A good turnaround in the stock and higher high structure indicating in the same.

techmental_AK

Chart

techmental_AK

RSI divergence Ascending triangle Good bullish sign

techmental_AK

On chart

techmental_AK

Levels on chart

techmental_AK

On chart

techmental_AK

Swing trade opportunity

techmental_AK

On chart

techmental_AK

Obs on chart

techmental_AK

Not taking a trade blindly will save us from losses. Better to go on weekly / daily TF for finding the entry & trade setup

techmental_AK

BankNifty - bearish - target gap filling ?? levels on the chart

techmental_AK

Either a BreakOUT or a breakDOWN after tight consolidation zone break is necessary

techmental_AK

Observations on chart

techmental_AK

How to use the technicals to make money ? 1. 300 to 340 can be a good accumulation zone 2. Buying a stock with SL (DCB) of 245 for mid term can fetch good returns 3. Ultimate target is 600+ IMPORTANT : Maximum allocation Risk of 2% of trading capital OR 10% funds of total portfolio funds Whichever is lower

techmental_AK

Observations : Weekly structure : bullish Monthly structure : bullish Risk of 9/10pts Reward (possible) of 6/30 pts A VERY GOOD TRADING OPPORTUNITY

techmental_AK Updated 

Levels on chart

techmental_AK Updated 

Levels on chart Based on reverse H&S breakout

techmental_AK Updated 

trade idea based on observations : Buy around 5250/5240 with SL at 5160 for targets of 1.5x or 2x reward to risk DYOA