Positional
CUMMINSIND- Bullish Pattern Formation PositionalCummins India forms a bullish pattern, as we can see price is rejected multiple times from the resistance level with decreasing strength, and a breakout has been given. and Retesting to the same resistance as support, the probability is very high to move upward after retesting.
Entry Level:- Above @1435
Stop Loss:- Below @1415
Targets:- 1450, 1460,1470
HDFCLIFE - BREAKOUT TRADEHDFCLIFE has been struggling to get past 600 levels since the start of 2022, every time prices reach there, it corrects all the way down.
Currently, prices are again at 600 levels and now price action is giving positive signs, that breakout might happen this time.
Price should sustain above 550 levels.
Above 600, it might test 650 levels very fast.
Wait for a breakout or buy on dip with strict stop loss.
AmaraRaja BatteryAmaraRaja Battery
Buy above 580
Target 600/630++
Retest of break out and bounce
Swing/Positional.
NYKAA Next support is 38% awayNykaa
1. Lower High lower Low Structure
2. This week broke previous support @ 162.50 levels
3. Trading in Un-charted territory
4. Further support can be derived with the help of Fibonacci.
5. Plotted Fibonacci Extension connecting swing high of 428.95 and 315.45 and swing low of 203.15.
6. Fibonacci giving us the next support @ 89.65, which is 38% below the current Price.
7. Structure is super weak, plus the market overall is also weak, hence anything is possible.
8. Keep stock on the radar, and track price action to see if it forms any support in between the current price and Fibonacci support.
9. Don't bottom phish this stock as it has its IPO Price with Huge Volume, and the same levels would now act as strong Resistance
10. Resistance: 180-190, support at 100-90
WEEKLY TIME FRAME - KM SUGAR MILLS LTD The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
WEEKLY CHART - RANA SUGARS LTDThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
RANA SUGARS - MY VIEW - EXPECTED 150.63% RETURNS/ GAINS ✅✅✅✅
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
Natural Gas - WEEKLY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
NIFTY1!05-12
Daily chart of NIFTY1!
LTP: 18817.75
Seems like a breakout from the old bullish symmetrical triangle pattern.
Resistance made at 18998.85 (manual).
Supports are at 18004.70 (manual) 17302.15 (200 EMA).
The gap between candles and 200 EMA is uncomfortable but the trend is bullish.
Strategy should be buy on dips.