Chart Patterns
Now waiting for this pattern to emerge on lower time frame to open additional short position in nifty. Plan your Trade and Trade your Plan.
Finally, the bearish pattern is here. As we are following this development since December 20, 2019. Now nifty turning in a bearish momentum and it should be short on bounces.
The green zone is the support zone but not strong enough. We can't expect big reversal form a weak support zone. So the ideal support is 11700 for this bearish momentum.
The green zone is the support zone but not strong enough. We can't expect big reversal form a weak support zone. So the ideal support is 11700 for this bearish momentum.
Chart Patterns
Nifty Went below 12100 yesterday and bounce back. 12000 PE expired at 0. I can say my entry is now 12330+17. Stop-loss is 12410. When you earn a premium by selling options don't raise your stop level. Stop-loss should be where it was not 12410+17.
Nifty Trade update.
Trailing the stop-loss to 12272 level. Nifty shorted at 12330.
Ideal target is 11700. But we have the budget upcoming on Saturday. So will see how price behaves and will adjust according to that.
Trailing the stop-loss to 12272 level. Nifty shorted at 12330.
Ideal target is 11700. But we have the budget upcoming on Saturday. So will see how price behaves and will adjust according to that.
Chart Patterns
Just a small part form WD Gann's concepts. Nifty fall by 53% in 2000-01, on the dot-com bubble burst. After making a bottom in September 2001, nifty traded sideways until April 2003 before picking up and rallying to 6357, a new Real estate bubble in 2008.…
https://in.tradingview.com/chart/NIFTY/cU2sfAgi-NIFTY-Looking-Back-In-Time/
Closing trade with almost 400 Points profit in nifty and Risk to Reward ratio is close to 1:5.
Shorted at 12330+17 = 12347
Covering at 11955
392 points profit.
Not wanting to get caught by the budget volatility, the market will give us many more opportunities to trade safely.
Closing trade with almost 400 Points profit in nifty and Risk to Reward ratio is close to 1:5.
Shorted at 12330+17 = 12347
Covering at 11955
392 points profit.
Not wanting to get caught by the budget volatility, the market will give us many more opportunities to trade safely.
TradingView
NIFTY - Looking Back In Time for NSE:NIFTY by Equity-Earningz
Just a small part form WD Gann's concepts.
Nifty fall by 53% in 2000-01, on the dot-com bubble burst.
After making a bottom in September 2001, nifty traded sideways until April 2003 before picking up and rallying to 6357, a new Real estate bubble.
So…
Nifty fall by 53% in 2000-01, on the dot-com bubble burst.
After making a bottom in September 2001, nifty traded sideways until April 2003 before picking up and rallying to 6357, a new Real estate bubble.
So…
Chart Patterns
Concor Long 562 Stop 543.85 Target 666 Risk/Reward 1:6 After all, It is a Navratna PSU under the Indian Ministry of Railways. Improvement of railways are under focus. And most important, It is in list of stack sale along with BPCL. I am keeping the text…
Exiting concor at 568. Entry was at 562. Going blank in the budget. NO POSITIONS.
Short Nifty 12025 - Stop-loss 12162 - Target 11340
Risk/Reward 1:5
We have often seen the Market making big moves to the opposite side of an unfavorable event. The Rally after so-called disappointing Budget is such an example. The majority of traders considered the Budget as the trigger for the further downside. But Market rallied taking support at 200 SMA at 11630 to 12160. Those Who shorted on the budget day market didn't give a chance to cover short and rallied more than 500 points.
Nifty and Banknifty Weekly option is highly traded instruments. A lot of traders buy puts and write calls in weekly expiry. But The Weekly expiry after the budget was not favorable for put buyers and short sellers. They got squeezed in weekly expiry after the budget.
Market Rallied till the weekly expiry and after that giving up gains on Friday and Today, suggesting short squeeze is done.
Risk/Reward 1:5
We have often seen the Market making big moves to the opposite side of an unfavorable event. The Rally after so-called disappointing Budget is such an example. The majority of traders considered the Budget as the trigger for the further downside. But Market rallied taking support at 200 SMA at 11630 to 12160. Those Who shorted on the budget day market didn't give a chance to cover short and rallied more than 500 points.
Nifty and Banknifty Weekly option is highly traded instruments. A lot of traders buy puts and write calls in weekly expiry. But The Weekly expiry after the budget was not favorable for put buyers and short sellers. They got squeezed in weekly expiry after the budget.
Market Rallied till the weekly expiry and after that giving up gains on Friday and Today, suggesting short squeeze is done.
Short SRTRANSFIN Below 1193
Stop-loss 1235
Target 940
Risk/Reward 1:6
If Price Closes above 1234 Before Breaking 1193 then trading set-up becomes invalid. CMP is 1203.
Learn How to trade ranging prices/market
http://www.equityearningz.com/range-bound-prices/
Stop-loss 1235
Target 940
Risk/Reward 1:6
If Price Closes above 1234 Before Breaking 1193 then trading set-up becomes invalid. CMP is 1203.
Learn How to trade ranging prices/market
http://www.equityearningz.com/range-bound-prices/
Chart Patterns
Short Nifty 12025 - Stop-loss 12162 - Target 11340 Risk/Reward 1:5 We have often seen the Market making big moves to the opposite side of an unfavorable event. The Rally after so-called disappointing Budget is such an example. The majority of traders considered…
Gap-up And stopped out in Nifty at 12162. Stops should be in system. When Stop level reached in underlying security, Future's position should be closed immediately. Not Playing With Stops.
L&T Finance | Short Below 128 | Stop-loss 134 | Target 105 |
Risk/Reward 1:4
It's a broadening top formation. And pretty much like what the textbook describes. Be careful because nice-looking patterns are rarely successful.
If price closes above the upper trendline before breaking 128 then the trading setup becomes invalid.
Risk/Reward 1:4
It's a broadening top formation. And pretty much like what the textbook describes. Be careful because nice-looking patterns are rarely successful.
If price closes above the upper trendline before breaking 128 then the trading setup becomes invalid.
Axisbank - Trading Sideways or Ranging Price.
What you think Axis will do? Probability A? ( Testing 700 again ) Or Probability B? ( Breaking out of range and not going to test 700 levels )
What you think Axis will do? Probability A? ( Testing 700 again ) Or Probability B? ( Breaking out of range and not going to test 700 levels )
Final Results
59%
Probability A
41%
Probability B
Short SRTRANSFIN below 1270 | Stop-loss 1303 | Minimum Price Target 1135
Risk/Reward 1:4
Strategy - Trading Range Bound Price
Trading System - Mean Reversion on Daily.
Trading Setup - Selling at Resistance
More About Trading Range Bound Price
http://www.equityearningz.com/blog/
Risk/Reward 1:4
Strategy - Trading Range Bound Price
Trading System - Mean Reversion on Daily.
Trading Setup - Selling at Resistance
More About Trading Range Bound Price
http://www.equityearningz.com/blog/
Chart Patterns
L&T Finance | Short Below 128 | Stop-loss 134 | Target 105 | Risk/Reward 1:4 It's a broadening top formation. And pretty much like what the textbook describes. Be careful because nice-looking patterns are rarely successful. If price closes above the upper…
Short entry was at 128. Cmp 122
Trailing stop-loss form 134 to 130
Target is 105
Trailing stop-loss form 134 to 130
Target is 105
Chart Patterns
Nifty Levels to trade for an intraday bounce. 11930 Wait for a 15-minute candle to break the low of 11930. And then Short 11900 PE when nifty Break the High of that candle Keep stop-loss as per your Trade Size & Money Management. 50% Retracements is more…
Trade Active Short Nifty 11900 PE @ 30 Stop 36. Target 15-18
Intraday Only.
Intraday Only.
Chart Patterns
Trade Active Short Nifty 11900 PE @ 30 Stop 36. Target 15-18 Intraday Only.
Stop of 6 Points triggered. Intraday has never been profitable for me. But still I risk very very very small in Intraday. Just to be sure that *Intraday Never Makes Money In The Long Run.*