PriceActionSpotter

PriceActionSpotter Updated 

NSE:VINYLINDIA has a good price action structure. Analysis done on chart. Targets: 280/300/52 week high (330 levels)+ Sl: for swing- 230 for positional- 210 Position size accordingly. HAPPY TRADING!

PriceActionSpotter

NSE:ADANIENT has been consolidating in a rectangle pattern after a very strong uptrend and broke out of it. It has also been consolidating in rising wedge pattern within the rectangle pattern from which it hasn't given a breakout out yet. Considering the bullish nature of stock, it is only a matter of time when it will breakout towards 1900 levels. Enter at the...

PriceActionSpotter Updated 

After a strong downtrend, and accumulation, NSE:PILITA broke out from its base and looks ready to start an uptrend. Entering your entire position at current market price seems okay as the momentum buildup is prevalent. Good volumes and closing on breakout candle. Stop loss placed below the swing low and targets are open. Any rejection near the pink region,...

PriceActionSpotter

NSE:REDINGTON has a similar price action structure to BSE:RACLGEAR . Analysis done on chart showing that momentum may continue towards the upside. Buy 30% of position now and enter rest after retrace. Targets: 180/200/220 sl- below 136 Position size accordingly. HAPPY TRADING!

PriceActionSpotter Updated 

NSE:VERTOZ broke out from base after a sharp downtrend. Price jumped above the 30 week EMA, breaking out of a head and shoulders pattern. Could be a positional gem. Place a deep sl below 100. Enter at C.M.P and after retrace. Aim a minimum of 1:2 first and then trail stoploss. Judging by previous high, price could give 100% (1:4) in 3 months to 1 year time....

PriceActionSpotter Updated 

NSE:ADSL Broke out of a small flag pattern and has given good momentum post breakout. Price hit upper circuit of 10% today after 2 days of retracement. Enter if price opens gap up above day's high or breaks the day's high. Potential BTST trade as price can hit upper circuit again tomorrow. From price action view, price will move another 30 points towards 180...

PriceActionSpotter

NSE:SWELECTES Broke out of a major channel pattern of 2 years and gave retest. Enter entire position at C.M.P and hold for targets of 400/430+ Sl below the channel (230 levels) Volumes leading towards breakout are bullish. A gap up breakout and a retest is a safe entry signal. If price sustains above all time high, hold for even bigger money. Position size...

PriceActionSpotter

NSE:DLF broke out of a major trendline(kind of a cup and handle pattern) and is undergoing slow consolidation in a flag like pattern. Enter at the break of the flag trendline and hold for big targets after price crosses and sustains above 450 levels. Targets are open for this one. Place sl below 340 and trail with preferred MAs. Risky trade but high...

PriceActionSpotter

NSE:ALBERTDAVD price action structure is drawn on the chart above. After breaking out 2 times prior to the current breakout, price went into consolidation mode without giving big momentum. This is the 3rd time price is breaking out of the structure. A trade can be taken in view of price releasing big momentum in the coming weeks. Targets: 750/800/900+ Sl-...

PriceActionSpotter

NSE:CENTUM is forming beautiful price action patterns. Much of analysis is given on chart. Targets- 900/1000+ Sl- 500, Trail below preferred MA's DISCLAIMER: IDEA POSTED DURING OPEN MARKET. PRICE COULD LEAVE HUGE WICK.

PriceActionSpotter Updated 

Price of NSE:CDSL is currently at the support of a channel pattern. Trend of the stock is very bullish. This setup is low risk/high reward(if stock breaks out of the channel pattern) Analysis is purely price action based. Follow strict risk management. Happy trading!

PriceActionSpotter Updated 

NSE:NEOGEN is in a beautiful structural uptrend, wherein the ascent of the trend is becoming steeper with every other breakout. Price has currently retraced after it gave a breakout 3 weeks back. A bullish flag like pattern is made in an hourly timeframe from which it has also broken out. Safest bet is to enter entire position at the current market price, and...

PriceActionSpotter Updated 

NSE:SAREGAMA broke out of rising channel pattern after a very strong bullish trend of 700% move and now looks ready to continue that momentum. Price consolidated after breakout and one can enter entire position now at C.M.P of 5300 levels with a stoploss below the channel at 4400 levels. Holding period for 1 month+ Targets- 6000/6500/7000+ Positional trade,...

PriceActionSpotter Updated 

NSE:PGEL broke out from a rising channel pattern on hourly timeframe. Price is currently consolidating after the breakout. A BTST(Buy today sell tomorrow) trade can be taken in view of price hitting upper circuit tomorrow. Another bullish sign is the fake breakdown price gave from this pattern. Volumes looks good. Daily chart is also very bullish. Enter at...

PriceActionSpotter Updated 

NSE:APOLLO broke out from its base in weekly time frame after strong downtrend. Increasing volumes on the bullish side. WAIT FOR CLOSING TOMORROW TO GET PROPER CANDLE CONFIRMATION ON WEEKLY TIMEFRAME. Buy 30% position at C.M.P next week and rest after retrace on daily timeframe. Holding time is 1 year+. Buy more at dips and breakouts as the uptrend...

PriceActionSpotter Updated 

NSE:SURYAROSNI is standing on its 1 year old trendline from which it has taken support 7 times. It has now taken its 8th support and looks like a good buy from here. The trendline was broken once but the bears wear trapped and the stock quickly climbed back. More buying can take place if stock gives breakout from the marked rectangle region, at price of 690-710...

PriceActionSpotter Updated 

BSE:HPCOTTON Looks bullish on charts after breaking a channel pattern. Buying at CMP looks risky but the momentum is very high. Wait for tomorrow's close and enter 30% of position if the momentum sustains. Enter with rest of the position after retrace. Targets of 180-200 can be looked at given the momentum. *SMALL CAP STOCK. RISK OF FAKEOUT IS HIGHER.

PriceActionSpotter

UPDATE ON COINBASE:BTCUSD . The price perfectly played out like my analysis. (POSTED ON DEC 19) Feels good when your analysis checks out, especially when you are learning how to trade.