Undoubtedly, perfect level to buy nifty @ 22951 no stoploss needed. 22951 & 47097(banknifty) happens to be .78 fib retracement level from 26 oct 2023 - may 2024. Dont b scared to buy @ these levels including nifty & bank nifty heavyweights. Reliance, LT, Indusindbank, TCS, HDFCbank, ICICIbank to name a few.
DIVISLAB fut broke out of faling wedge or parrellel channel on an hourly charts with decent OI build up. Risk:Reward = 1:3 Not to be missed breakout. Could be bought with mentioned stoploss & target.
The allure of the markets is undeniable. Charts dance across the screen, promising riches for those who can decipher their secrets. But amidst the flashing indicators and exhilarating wins, a forgotten weapon often lies dormant: **patience**. Imagine yourself as a skilled sniper in the financial jungle. Your prey? Lucrative trades. But unlike the movies, a hail...
It has been a while ride on PDD this past month! Don't take your eyes off the grand prize - a breakout of our larger time frame magenta selling channel. In order to do that, we needed to build liquidity in our controlled selling channels. We have activated a stronger buying continuation channel but will need some time to prove its' control. Be patient on this...
ACC fut made & broke above flag pattern on an hourly charts with decent OI. Not to b missed breakout. Could be bought with mentioned stoploss & target.
DEEPAKNTR fut broke out of traingle pattern on DAILY charts with good OI & after very good consolidation. Not to be missed breakout. Could be bought for April expiry with mentioned stoploss & targets.
HDFCAMC FUT breaking past multiple patterns ( triangle, cup n handle) as well as nearing its resistance zone of 3800-3810. Risk:Reward - 1:3 Could be bought with mentioned stoploss & targets. not to b missed breakout
Axisbank fut made cup n handle pattern on an hourly chart with decrease in OI suggesting shortcovering. Risk:Reward = 1:2 Could be bought with mentioned stoploss & target.
The natural psychological expectation is that after a stock goes up, it will continue to shoot up and go to the moon. But the truth is, that most of the time, the above does NOT happen immediately. WHY? Put yourself in the shoes of the BIG SHARK, the Puppet master... You want to buy the stock so you increase the price to lure people to sell to you. When you...
2 nights ago I was able to go all in for the swing trade and to play some side coin action also. Last night I have started to see things in a different light. Elliott waves and and some candle stick patterns have made things different between us. I will always mine with my laptops and I will always hold my 0.1+. Looking forward to mainly swing trade and protect my...
Hello, Traders, Let's take a moment to recap our recent trade ideas. The data we've been observing is changing daily, and our initial suspicion that last week's high was a mere fakeout has led us to anticipate a continued downward trend. However, we took profits at that point, opting to watch and see how the situation unfolds. Now, as we delve deeper into the...
TRX had a downward spike in previous market movement, and we can look at this upward price movement as a correction (CP). Price got close to the gray order block but didn’t get a chance to enter, but if you look closer, you can see it did a Double-top with the Pin-bar shown with the red line .. and made an excellent downfall after that .. now the price is near...
1.272 Confluence with the D Point completion. AB=CD Harmonic to D point as extra confluence. I had 4 scalp postions from Swing C. Waiting on retest of C and Breakout to upside. Be Patient and watch for news!!!
Decent shooter on the 2D could signal a pull back on NASDAQ:AMZN , would be nice to see a reversal move up further North. With Monthly OPEX for May behind us, see how it moves from here. AMZN strong, but not the ultra strong move AAPL had so far on the year. Also giving it more potential before it reaches exhaustion risk like AAPL at current levels. No...
Here it is, after a long couple of weeks, GBPUSD has finally gone bearish. This is a long shot, but this particular area could serve as the next potential reversal point. Along the way there could be some setups that can support price using this area to rally up, at least to the LQP. The 38.2 take profit is near the LQP so there's some level of interest in case...
While the monthly HA Chart of BTCUSD is still bullish, the weekly candle is showing indecision and the daily candles are showing bearishness. I will wait until the trend is clear for BTCUSD before entering.
for the next few weeks I believe we will have at least a bounce from this area volume is increasing in the last month we are below the 2020 lows and all this price action can be a false breakout from that area(only a guess) remember: I am treating it as a long term trade
Kotak bank broke out of triangle pattern on 30 min TF with good volumes & facing multiple resistance zone of 1780-1785 which got rejected multiple times in recent past, fortunately todays its trading above this zone from past 30 mins, which is highest time spent in these zone. Could be bought with mentioned stoploss & target.