Trading a Bull Flag pattern in cryptocurrency for scalping !!!
If you see the daily chart of ULTRATECH CEMENT , then it looks exactly similar to a mountain . It was just a scenario where you are on the top of the mountain and heavy rain starts flowing down . What will happen in that condition , you are surely going to come down along with the pressure of the water.
When you are on same track along with reliance and nifty then you can never loose.
A perfect gap trading - Facebook opened higher with gap . Then , I waited for some kind of profit taking . Once the seller's where out it was only the buyers game left behind.
A perfect scenario to go long in Mindtree when you get a bull flag formation and along with that nifty is breaking a strong resistance at 12,000 .
A breakdown in TSLA is just a trade that every trader desires . There's no need to see the result when you are in right direction in TSLA trade .
I got caught into a reversal area of Divislab . There were clear sign's of reversal because , every time the stock tried to go down it could spike . Due to this I use to take partial at every spike . Instead of losing I went for small profit.
It seems like there is lot of pressure on the higher side . With market falling I just got a perfect entry for shorting .
BNTX had a lovely breakout on daily chart . I was just waiting for a good entry point , I got a good entry and the rest is what I have .
Continuation of profit taking !! Lot of buying has been happened in the IT market in recent times . Just a sign of weakness in the market and profit taking start's . That's the current scenario of most of the right now !!
Joining a falling knife !! PVR stock has been continuously falling from recent high's . I too wanted to join the party . But , for that I needed a party pass which I got and then had lot's of fun !!! Party time !!
Profit Taking !! A stock opened up higher ,the buyer's were getting a very good profit at that opening so you can expect some profit talking. It got rejected from the high's along with the market . Then , again the stock tries to go higher but fails again and that's the confirmation for me to go short .
A good technical formation !! What is a good technical formation ? The formation where you get a entry with very low stop loss , a good reversal point and at the same time the same direction of the market .
Shorting a weak stock !! What do you mean by a weak stock ? A weak stock is nothing but a stock that looks very weak as compared to that of the index stock . I had two reasons for shorting PVR : 1.It's falling continuously since a it touched the levels around 1400. 2.It was behaving just like a weak stock , because when all other stocks were rising higher with...
Market was trending lower this morning . But , at the same time Bajaj Finance was trending very positive on the last day . As market was trending lower , Bajaj Finance was also trending lower along with the market . When , the market cooled down a bit , the market started rising higher . At the same time Bajaj Finance stock was also showing some signs to rise...
TCS has got all the good news along with nifty for going uptrend , just a good entry and good management of a trade !!
As this is the continuation of previous video , in this video you could watch how I added to my shorts in this video and took a bit of partial.
As everybody knows there's a lot of good news going on in TCS , that's the reason everybody has bought TCS even at higher valuation . But , at this stage even the market need's a bit of rest and at the same time the TCS one of the big bull of Indian Stock market need's a rest . That's the reason the market and TCS stock's are coming down.