Above shown chart is of CAMS , in Weekly Time Frame . The script looks good to me. As you can see, I placed a Horizontal line .. somewhere about 3000 price level. My plan was to take entry, around 2890 or so .. but, i could catch it on time. This, I'm writing after taking the position. I took entry yesterday, on the closing end. Reason for this trade is...
Above shown chart is of ADANI POWER, in Daily Time Frame. This script has been found making Ascending Triangular Pattern. Reasons, I love this Pattern : 3 supports on the lower trend line; 3 resistances on the upper trend line; This pattern is made near All Time High zone; Convergence of 21 & 50 Moving Averages; Matches with current popular...
The above shown chart is of GENSOL in Daily Time Frame This script has been making Ascending Triangular Pattern , since the day of it's IPO listing. The lower trend line of this Pattern, has 4 -5 support points. The upper trend line, similarly, has 4 - 5 resistance points. Now, complementary to this .. If you look at the Volume Bars of this script. You will...
Above shown chart is of ANTONY WASTE in Daily Time Frame The above path of the script can be read as " Ascending Triangular Pattern " .. for simplicity, let's see it a a staircase. This script has come this far making HH and HL .. the current step of the staircase is where we can enter into a trade. Four things to describe for a trade Entry Point ...