IHNS_BO
Nifty has killed the breakout traders so far last 2-3 months. Whatever, it has formed an inverted #HeadAndShoulders pattern with neckline around 15040. Also if you closely look #Nifty is trading a box pattern since last 2.5 months.
As per TA, if a level is tested time and again, then chances of breaking it is very high. Typical text book target of such pattern comes around 15800. Will this breakout attempt succeed or fail again? Time will say. View invalidation below 14600.
As per TA, if a level is tested time and again, then chances of breaking it is very high. Typical text book target of such pattern comes around 15800. Will this breakout attempt succeed or fail again? Time will say. View invalidation below 14600.
Uwaga
Disclaimer: All these stock ideas or trade updates shared here are for educational purpose only and completely non-advisory in nature. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE / BSE / MCX market basis this ideas. Objective of posts is to educate and help members learn technical analysis and hedging techniques from my personal trade picks to reduce the risk per trade and save yourself from bigger losses.All these trade picks are selected using technical analysis and price action (VSA MomentumInvest Trading Setup) and for my own trading purpose only. Technical indicators are lagging and may generate false buy/sell signals. Market is supreme and my views may go horribly wrong. Please don't consider these trade ideas as trading recommendations. You may consider it for learning or at max use it for paper trading. Strictly avoid it for trading using real money. I am not responsible for any kind of profit and losses arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades (or trade at your own risk).
Uwaga
Massive #RoundingBottom breakout in #Nifty. Its possibly heading towards fresh ATH. Breakout majorly led by Banking and Financials. Breakout in #BankNifty is worth watching.
Uwaga
#Nifty made high of 15600 today. 540 points up from the RECO level. Its now good to stay hedged as we are trading ATH and #TrailSL #RideTillEndUwaga
Today high was 15800. All targets achieved. 😀
I am reachable on below social handles.
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EMail_ID:- prasuna.barik@pbfin.in
Telegram: t.me/PBFin_222
Twitter: twitter.com/PB_Fin
Indicator access process given here tinyurl.com/VSASetup. Follow it for details.
I am reachable on below social handles.
EMail_ID:- prasuna.barik@pbfin.in
Telegram: t.me/PBFin_222
Twitter: twitter.com/PB_Fin
Indicator access process given here tinyurl.com/VSASetup. Follow it for details.
EMail_ID:- prasuna.barik@pbfin.in
Telegram: t.me/PBFin_222
Twitter: twitter.com/PB_Fin
Indicator access process given here tinyurl.com/VSASetup. Follow it for details.
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