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Mothercandle

PARAGMILK : Stock AnalysisPARAGMILK declining Weekly: its declining since many weeks and making LH LL pattern Daily : Tried to go up but after forming double top its rejected and now trading near resistance zone. its trading in triangle pattern. Hourly : Formed mother candle and now trading inside it. whenever break UP/Down side its good to enter trade. Our daily zone is near 88-92 and can go till 126-130 if able to break up side. So best R:R. Study at your end this is just my personal view and it can be wrong 100% Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing First Learn and then remove "L"
NSE:PARAGMILK
by ChartsSpecialist
2
Coal India In A Weekly Timeframe Coal India is looking bullish on chart for short term positional trade. The Mother Candle along with Inside Candle Concept is widely used by trader universally. This pattern is considered to be a high probable trade setup and is also one of my favorite trading setups for intraday / swing / positional. One can look for entry between 228-230 provided a daily candle closing above the mother candle. (candle closing above mother candle is a must) Will suggest a tight stop loss of 210 incase the setup fails. (Note: No setup is 100% probable, so managing risk & position sizing is a must) Disclaimer: Not an investment advice. Do your own analysis, research and manage position sizing according to your risk taking appetite.
NSE:COALINDIALong
by mrphil001