Fellow trader, Eicher motors has broken the range bound market in weekly timeframe, and now the market is re-testing. Aggressive entry : Whoever enter the market immediately after the breakout Conservative entry : Whoever enter after the market re-test. The weekly range bound breakout target is 5684 & the SL for the same is 4548 Now in the re-test, there...
hi Traders, Weekly the swing had a correction of 38%. The daily time frame's Inverted H&S pattern is a confirmation of the trend change(from correction to impulse wave) Nifty 50 will make a move from 500 to 1500 points till the previous high of the weekly swing. The targets are mentioned in the chat. As we have 14days to expiry, there is enough time to hit...
hello fellas, The monthly swing has corrected for about 61%, now at weekly/Daily there is a clear indication of the trend change to buy after the correction. The impulse of the weekly swing has begun, the market can move to the previous high(2979.45) which is 80% from the CMP. The risk : reward is 1:3.45
hello fellow traders, Trent has taken support on ascending trendline and impulse wave of the bull swing at weekly time frame has started. The the DB neckline breakout at daily time frame was the trend change confirmation. The target 1 is 22% and target 2 is 42% from CMP respectively Risk reward ratio for the target 1 is 1:2.37 and target 2 is 1:4.75 The FNO...
hi Traders, 1. The swing formation is solid 2. BEL has taken the ascending trend line support. 3. The the range bound is weekly has broke upward, leading to impulse wave of bull trend. 4. Projected Target 1 and Target 2 with 20% and 40% returns from the CMP with 1:81 and 1:4.01 risk reward ratio respectively.
hi traders, There is a swing in daily timeframe. At the same time frame there is a descending triangle pattern, here this triangle breakout is a trend reversal confirmation. Overall the trend is BULL in both Weekly and Daily timeframe. 04% - 10% rally towards the target 1 and target 2. FNO strategy : Go for the ATM CALL option & Protective PUT. sbull.co sbull.co
Hi Traders, Weekly the market has taken the trend line support and in a bull trend. At daily there is DB neckline breakout and change of trend, the re-test in daily formed a swing too. Over all the trend in weekly and Daily looks bullish. Entry, Tp and SL levels are mentioned in chart. Strategy :: sbull.co
hey Traders, An intraday entry awaiting. Its a ascending triangle breakout and works as a trend continuation. Enter after the triangle breakout, make an aggressive entry.
Axis bank is at the verge to break the inverted H&S pattern at Daily timeframe. Breakout level : 1194.30 in daily Enter after the breakout. Target : 1339.65 Risk : Reward 1:2.14 FNO strategies : Protective PUT or BULL CALL spread
wait for the breakout, amazing rally is expected to happen
At 4H timeframe the bullish flag patter got a breakout. Now the market is retesting the support 2032. The swing marked in black is a swing now, if a 1H candle closes above 2045.05 then is a indication of impulse of the swing. The target and SL is marked in the chart. Risk: Reward ratio 1:2.73
Gold weekly is in bull(Impulse wave already in move). 4H timeframe :: There is falling wedge pattern Falling Wedge :: TP : 2091.10 SL : 2013.39 D timeframe :: There is a swing and bullish flag. bullish flag :: TP : 2166.70 ...
Daily time frame has swing breakout and Inverted H&S pattern as well. the Inverted H&S pattern has 1:1.69 as risk reward ratio.
hi traders, The current swing of the XAUUSD in daily time frame got delicious risk: reward ratio. If the 4H candle closes above 2041.29, the impulse wave of the swing starts. SL : 2009.96 Target : 2228.13 Risk : Reward => 1:6.07
Weekly the oil is in bull swing, the correction phase is done. the daily DB pattern neckline has broke, so the target of daily DB pattern is 93.78. The weekly swing target is 100.
The swing in 4H time frame is still in the impulse wave of the daily swing. The impulse of the 4H time frame swing has started(DB neckline breakout level 83.2500) Caution :: FOMC meeting on 20 Sep'23 11:30PM IST and the current market price is at the weekly resistance of the ascending triangle pattern.
The market looks bullish in daily time frame. The FOMC meeting on 19/20 Sep'23 is expected the pause the interest rate at 5.50%, which keeps the USDINR less volatile. If the interest rate is increased USDINR will be bullish. There is 3 more trading sessions to decide the direction. www.federalreserve.gov www.forexfactory.com www.nseindia.com
hello traders, The market is at the verge of the ascending triangle breakout. The market is bearish today, so adding small positions at every possible dips at the far out of the expiry will be fruitful once the breakout happens and rally starts.