Good Looking Charts:-
#IEX~ F resh near term consolidation BO at top with rise in volms.
#Laopala~ Great looking chart structure. Megaphone formation. Huge jump in volms
#Sunpharma- 9 wk consolidation BO on top. Good looking chart. Huge spurt in volumes.
More from Iex
90% in 56 days https://t.co/KAsBVxzlxb
#IEX
— Aneesh Philomina Antony (ProdigalTrader) (@ProdigalTrader) August 24, 2021
reversal of polarity played out very well here. Strong momentum and demand here pushing price up. Might breakout to new highs soon#StockMarket #StocksInFocus #stocktrading #stockselection #StockToWatch pic.twitter.com/oOnpBOfaNa
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
Objective is to move higher towards
3.618% - 4.236% and 4.618%
#Probability
#IEX
— MaRkET WaVES (DINESH PATEL ) Stock Market FARMER (@idineshptl) April 20, 2021
On sustain rise above 347 upside shown in chart up to 4.618%(521)
And 6.857%(718).
View valid till 233 not violated. @UdayJad39389920 pic.twitter.com/I2MoPlwXRW
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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