Nifty (pole and flag ) trading setup on hourly chart
Zaktualizowano
nifty creating a (pole and flag ) setup on hourly chart
so target is equal to pole if break the flag
on upside
so my view long if flag breaks upside
with the stoploss of 19200
for the target of 20400
if you think this idea is use full
please like and share and follow
thank you for reading my idea
if found any related query allow me to answer
i am not a sebi registered analysist
this is just my observation for practice and learning purpose
of chart reading and try to understand the price action trading
thank you
one correction
TCS = 16 % down from life high ( by mistake its written 6% down )
so target is equal to pole if break the flag
on upside
so my view long if flag breaks upside
with the stoploss of 19200
for the target of 20400
if you think this idea is use full
please like and share and follow
thank you for reading my idea
if found any related query allow me to answer
i am not a sebi registered analysist
this is just my observation for practice and learning purpose
of chart reading and try to understand the price action trading
thank you
one correction
TCS = 16 % down from life high ( by mistake its written 6% down )
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nifty daily simple moving average setupSMA 20 > SMA 50
SMA 50 > SMA 100
SMA 100 > SMA 200
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around 80 point gap upUwaga
heavy weight infosys up today 4.5%
Tcs up today 5%
is a booster for nifty
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new life high 155 point profit running for now
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comment your valuable view about this tradeUwaga
NIFTY index weightage stocks performance Hdfc = Life High
Hdfc Bank = Life High
Reliance = Life High
LT = Life High
Icici Bank = Life High
Axis Bank = Life High
ITC = Life High
Tcs = 13% less from Life High
Infy = 26% less from Life High
Bajajfin = 6% less from Life High
Hindunileaver = 6% less from life high
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200 point profit running for nowUwaga
300 point profit in two days onlyUwaga
365 point profit running for now
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415 point profit running for now
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500 point profit in nifty running for now
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20000 PRINTED ON NIFTYUwaga
550 point profit for nowUwaga
Nifty 50 highest weightage stock current performance LT = Life High
Hdfc Bank = Life High
Reliance = Life High
Icici Bank = Life High
Axis Bank = Life High
ITC = Life High
Tcs = 16% less from Life High
Infy = 32% less from Life High
Bajajfin = 5% less from Life High
Hul = 9% less from life high
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15 min breakoutUwaga
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3500 point running profit till today
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