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#ANGELONE #ZERODHA #EDELWEISS #ANANDRATHI #ISEC #MOTILALOFS #IT#ANGELONE
NSE:ANGELONE
NSE:ANGELONE
CMP: 1452.50
Entry Price 1440
Target: 1900+
SL: 1170
RR Ratio > 3
Return > 45%
Time Frame < 6 months.
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Simple Trade Setup | SBIN | 18-04-2022 [INTRADAY]NSE:SBIN
Trade Setup for 18-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe bears seemed to be in control today as well. The HDFC twins are back to "jaise the" levels as they are now around the pre-merger announcement prices. Reliance is nearing a support and Infy has neared a decider area, too. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsYesterday, we witnessed a euphoric rise in the indices owing to the news of HDFC twins' merger. Today, we saw price testing lower levels, with Nifty giving up 18k and Banknifty almost giving up 38k. VIX is higher, and Reliance is weaker. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBulls were able to take charge once again, with Nifty holding fairly well around 17.5k. I feel it's an important sign for the overall trend. Reliance did quite well. My view on the market as a whole still remains the same as I feel it's still a little early to comment on whether this positivity can and will sustain. Curious to hear your thoughts as well.