LOOKS LIKE Inverted Triangle and Megaphone Pattern is in the making In such kind of pattern one can see new high and new lows so you can think of those megaphones or bull horns kind of patter. Under which making new high constantly new lows constantly pattern kind of widening out This pattern itself is very hard to find they don’t setup that often , you can see...
POSTS ARE EDUCATIONAL PURPOSES. NON ADVISORY, DISCRETIONARY. NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
FEW WEEKS TO MONTHS VIEW IN AUTO SECTOR STOCKS...
SIMPLE AND STRAIGHT STRATEGY... RANGE IN YELLOW REFLECTS MONTHLY PREDICTIONS..BREAKOUT EITHER WAY WILL GIVE 200 POINTS..UPSIDE OR DOWNSIDE
Both side view... Currently in consolidation zone once breakout with strong candle will reach target easily....
Breakout trading strategy traders first wait for the breakout with good momentum then expect target to be hit...
NIFTY RANGE FOR THE COMING WEEK..
BUY SELL ZONE ALONG WITH TARGET LINE..
KINDLY CHECK AND LIKE IF YOU AGREE..
Nifty range bound zone along with buy sell target... if agree then do like...for more analysis..
TGT BETWEEN 385- 410
Prediction with reversal zone ... stoploss around 335...