thelastbull

thelastbull

The price structure on the Daily timeframe is looking bullish, with some wide range bars in recent times. WHich I have marked out two possible scenarios playing out - comment down below what do you think A or B?

thelastbull

Cup and Handle continuation. Price above 50 MA A breakout above 600. Blue sky territory. Selling being absorbed.

thelastbull Updated 

Holding the support at a triple demand confluence BankNifty support and resistance levels for the week has been marked. Bank Nifty should be closing overall positive this week is my firm bias based on the chart structure and volume reading.

thelastbull

A beautiful VCP Pattern above 50 DMA formed here, gave a volume breakout last trading session, potential SL region mentioned as well.

thelastbull

VCP playing out in Adani Ent looking bullish I feel. Some metal stocks are already breaking out and I think this scrip has consolidated long enough and now is ready for an upmove once again

thelastbull

My thoughts using simple supply and demand principles for judging the reasons why there was a broader market correction today spanning all the sectors. Some demand levels are marked but I think we have entered a no trend zone in a very short timeframe although the uptrend still remains intact at a bigger timeframe. Index traders need to be cautious, can go for...

thelastbull

Wait for the breakout and then retest to enter positions with a very tight stop loss or just below the last point of support. This is called Wyckoff's Back Up to the Edge of the Creek Setup(BUEC). We can get stopped 3-4 times but when we do catch the trade correct it will be worth much more because we have accumulation behind and a very favourable Risk Reward.

thelastbull

Wait for the retest of the box to enter again. Or will have to look for some continuation structure to enter in the existing trend.

thelastbull

Hourly chart, have the bulls absorbed all the selling and are now ready for markup? You can get subtle hints if you study the price action in this structure

thelastbull

I expect the H&S pattern to fail since this is a bearish pattern but Kotak is in a strong uptrend. If we get a good hammer candle or a bullish engulfing/marubozu candle here then we can expect that it will rally strongly from here till the weekly CPR(target). If the pattern sustains and Kotak does fall then we can short when the price comes back up to retest after...

thelastbull

UPL likely to reverse from here or at least accumulate for sometime before mark up

thelastbull

Recently breaking the upsloping trend channel now we are making lower highs and lower lows on Nifty Private Bank. Sell on RIse Market? ALthough the long term uptrend is still intact but we can see the demand weakening.

thelastbull

Coming out of the initial VCP pattern the breakout didn't sustain, then the stock went into a climactic sell-off. Again stock trying to form a VCP pattern and triangle consolidation should move higher if the broader market and realty index supports it. VCP BASE FAILURE LOW CHEAT ENTRY

thelastbull

Volatility Contraction Pattern playing out in PFC, some key power, energy, and financial stocks moving well gives more confidence and conviction to hold on to the trade. SL will be around 12-15% PULLBACK ENTRY

thelastbull

Stong volumes coming onto this counter indicating the presence of some institutional players, bullish volumes seen and a piercing bullish candle pattern.

thelastbull

Targets and Stoploss mentioned. Used simple Price Volume Analysis. Bouncing off of a major support and breaking the supply line that has held since 2 months. Although volumes on the breakout candle is missing, this can hint at the price stalling a bit before taking off.

thelastbull

S&P 500 rallying hard from the demand zone, should be a good 1st week of October for stock markets however warning signs remain, seeing some momentum in the Dollar index and gold prices.

thelastbull

Long wick candle means supply, target can be 290/286. 305 SL. Nifty looking weak taking cues from the global market. It's a positional trade although can see some selling intraday if momentum towards the downside persists.