spartanpiyush
Same Strategy!!! Identified the golden zone and entered the trade. Risk to Reward ratio of 3:1, booked a profit of Rs. 3 per share. Although, the profit might seem small, but assume you have 1000 shares of the same stock and you are making Rs. 3000 in just 2 days, Now you get it, Its more about the setup and patience and hitting your TP than making profit.
Based on the setup that i have been recently using for my swing trading, JP Power is one such stock that has entered my radar. The stock is in the golden zone drew from swing low to swing high. Waiting for a sign of reversal towards upside Can try this stock as well if shows sign of reversal, ( Volume rising, EMA) SL below Golden zone
TP HIT !!! Had taken this stock at golden zone of fibnoacci retracement and had targeted the last high. Although i closed all my positions at 1st TGT, the stock did hit my TP
Based on my earlier prediction, the stock moved in my favour. Also, i have exited all my positions at 1st TGT level
If you have seen my strategy that I used to capture a 1:1.7 RR trade in Mamata Machinery, Used the same strategy here, but drew fib retracement from low to high, Currently the price is ranging in the golden zone, and i have entered the trade SL below the Golden Zone. Again, this is just my analysis, not a recommendation
Drew a Fibonacci Retracement from swing low to swing high, marked the golden zone. Waited for the price to tap into the golden zone and show some sign of upward movement Captured a 1:1.7 RR trade, could have held till 500, but they say greed kills a man. And hence, booked my profit. Also, captured this trade in just 2 Days!!
A 4 Hour CHoCH seen with a huge green closing candle Tapped into the 50 % OB region
NIFTY took a support @ 23,745 and also has had a recent one day CHOCH , It has been falling for a very long time and might rise upwards with the new budget coming tomorrow
Prediction of BEPL Stock based on the trend of the stock, liquidity and EMA Crossover
Chart analysis for BTC chart. Chart analysis using Fibonacci tools
Using FVG and Fibonacci Retracement and Trend Based Fibonacci Retracement, finding areas of support and profit booking area.