#IEX Update
Price characterized by a clear direction of the price trend.
Followed by a consolidation in the form of converging action which is an indicative of resumption of the trend.
A breakout at 613.80 would mark the price towards 700. https://t.co/MvoUQ1Y5gA
#IEX
— Gurleen (@GurleenKaur_19) September 12, 2021
In daily; 0.382 Fib support level intact.
Till the time it holds above 565.60, Potential upside can be seen towards 630 followed by 700.#StockMarket #StocksInFocus pic.twitter.com/cYLaRsUOGZ
More from Gurleen
2150 📍
On weekly log scale; The trend remains intact towards the upside. Next up would be 2340.
[As mentioned; this can be in one's long term portfolio, Targets would keep on becoming elongated.]
#StockMarket #StocksInFocus #investing https://t.co/HJH5XwMRf5
#DEEPAKNITRITE Update
— Gurleen (@GurleenKaur_19) July 30, 2021
Reclaimed ATH and fresh at 2052.90
Came up with Great numbers and this can be in one's portfolio for long term. #StockMarket #StocksInFocus https://t.co/dMWyf013Nt pic.twitter.com/vxV6c0Eskp
Midway resistances held up strong.
Once these are breached, It is poised for more towards 1950 followed by 2000.
#StockMarket #StocksInFocus https://t.co/kswtnvjQM8
#KOTAKBANK
— Gurleen (@GurleenKaur_19) August 8, 2021
In daily; Trendline breakout along with price volume action.
Resistances midway at 1812.70 and 1856.75.
Once these are breached, It is poised for more towards 1950 followed by 2000.
In weekly as well; Setup looks quite bullish. #StockMarket #StocksToTrade pic.twitter.com/vfIjR7MuCE
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These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
Here are the setups from @Pathik_Trader Sir first.
1. Open Drive (Intraday Setup explained)
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
(1/n)
Bactesting results of Open Drive
Already explained strategy of #opendrive
— Pathik (@Pathik_Trader) May 27, 2020
Backtested results in 30 stocks and nifty, banknifty.
Success ratio : approx 40-45%
RR average 1:2
Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL
39 months 14 months -ve, 25 +ve
Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy
2. Two Price Action setups to get good long side trade for intraday.
1. PDC Acts as Support
2. PDH Acts as
So today we will discuss two more price action setups to get good long side trade for intraday.
— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
Example of PDC/PDH Setup given
#nifty
— Pathik (@Pathik_Trader) June 23, 2020
This is how it created long setup by taking support at PDC.
hopefully shared setup on last weekend helped. pic.twitter.com/2mduSUpMn5