ANGEL ONE LTDLong
ANGELONE NSE FLAG & POLE WTF/MTF 45W Bull Run/ Positional
ANGELONE Analysis Price Action/FIBO
TRADE PLAN
ENTRY -2750 25%Qty, 2850 50%+ Qty Add Progressively
SL -2500 Weekly Low Close Price
TARGET --01-3200 , TGT02-3450 TGT3-5200 (F&P height above the flag BO)
Hold For a 2Years or TGT 2/3
Chart Pattern :
STOCK has recently done a 10Month Bullish Impulse and Retraced to 61% Forming a FLAG & POLE, Bouncing above the 50% FIBO /R level and consolidating in a range, WYCKOFF Accumulation. Strong Support at 2380 Lvl.
INDICATORS EMA :
The Price is Currently Trading below 200EMA, and 20EM crossed above 50 & 200 EMA in DTF.
50EMA is in a Upturn and close to crossing the 200EMA.
FIBO E :
After the Bounce-back from 61% FIBO Retracement Level, Price is currently holding above 50% FIBO/R level and trading near the 38.6% FIBO Retracement level on DTF. Early Impulse uptrend with ChoCH at 2700 on DTF
Volumes: Volumes are trading above the 20VMA in WTF..
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry).
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
TRADE PLAN
ENTRY -2750 25%Qty, 2850 50%+ Qty Add Progressively
SL -2500 Weekly Low Close Price
TARGET --01-3200 , TGT02-3450 TGT3-5200 (F&P height above the flag BO)
Hold For a 2Years or TGT 2/3
Chart Pattern :
STOCK has recently done a 10Month Bullish Impulse and Retraced to 61% Forming a FLAG & POLE, Bouncing above the 50% FIBO /R level and consolidating in a range, WYCKOFF Accumulation. Strong Support at 2380 Lvl.
INDICATORS EMA :
The Price is Currently Trading below 200EMA, and 20EM crossed above 50 & 200 EMA in DTF.
50EMA is in a Upturn and close to crossing the 200EMA.
FIBO E :
After the Bounce-back from 61% FIBO Retracement Level, Price is currently holding above 50% FIBO/R level and trading near the 38.6% FIBO Retracement level on DTF. Early Impulse uptrend with ChoCH at 2700 on DTF
Volumes: Volumes are trading above the 20VMA in WTF..
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry).
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.