This is just a Tukka trade buy a CE 18900 @18..and hope it does not break the previous 15 min low...till then we keep riding the trade...Simple...we entered the trade because it broke the previous 15 min high..simple
Please see the chart...price broke out into a new price territory..so looks like it will rocket to the tgt market on the chart...buy here..follow stoploss(days close below stoploss is the stoploss)...The risk reward is good..
Damn...went down as I type...its near its average price near the ATR..retraced back to its mean...hence short..tgts given
I have mentioned the tgts 1 and 2..where you remove is your call....price corrected above it average price (read ATR) so buy...with a cheap stoploss mentioned on the chart
It retraced back to its average mean price..meaning ATR...hence we short...the red and green line is the ATR line..so short ..stop is mentioned on the chart.
This one is in a downtrend..Buy some here and keep more cash for adding on the downside...Note the downside is not over yet..so buy in tranches....Most probably,Its forming a flag...
Nifty came up to its mean rate..so short..Mean rate= ATR line shown on the chart..please follow stoploss
The Risk Reward is good...So short here..As the price has come to its mean rate...Or near its average ossilating rate...Which is denoted by ATR..hence short..
Same story..BN has come up to its average moving rate=ATR..hence we short..with keeping a 5 min stoploss..
Its retraced back up to my Atr line...meaning back to its average price...hence we short...See chart for stoploss
As Usual..Nifty is come up to the ATR line..When ever it comes close to the line we take a position...see the chart...its that simple...here price retraced back up to near the ATR line..so short
The two green lines ..dark and light green.are the two possible scenarios...portrayed...Any one can happen...So we wait and watch to take a trade. the above two possiblities are based on NEO waves...of what could happen..1.diagonal wave and 2. A B C wave...Now B up is happening..then C down will happen
Buy BANKNIFTY...You can buy at the rate which I marked on the chart OR you can buy now...Please note the stoploss and decide the risk involved based on where ,you would want to enter.....Reason for buy is that the BN corrected and came to my ATR which is the average rate of the stock...Its that simple..
We buy because the price has retraced to it average mean price(read ATR) which is denoted by my line shown on the chart..and the stoploss is once the price crosses DOWN my averge line.Rest for exit please read text on chart..top price is to enter....bottom price is stoploss..Its a 5 min stoploss meaning ..stoploss price should hold for atleast 5 minutes.
BANKNIFTY broke out..of 1.expanding triangel ....2 downward trendline break...and inverted head and shoulders....So buy Bank nifty with the breakout candle low as stoploss
NIFFIN Broke out of a 1.Expanding triange...2..Trendline...3.Inverted head and shoulders..So buy...Please see the charts for the breakout..Even if you dont know patterns ..Never mind..Use common sense..its broken out of the resistance and Moving Fast.