Hello my dear trader friends i hope u all are doing well in your trading
My previous posted Nifty analysis is sell trade on indicator based ema 5 crossing down ema 21 is a sell
but now we can see a pole and flag pattern is visible on nifty so i am posting now this pole and flag setup on nifty please check
Buy if daily close above 19500
stop loss 19100
target 20800
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i am not a Certified registered analysist this is just my observation for practice and learning purpose of chart reading, Must take advice from your financial advisor before trade
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thank you for reading my idea if found any related query allow me to answer
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if you think this idea is use full please like and share and follow and comment your thought about this analysis
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triangle pattern breakout today
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Rsi 14 setup
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Macd setup
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sma 200 sma 100 sma 50 sma 20 sma setup
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bollinger band setup price closing above 20 sma
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closing line chart setup
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93 point up today closing price 19528
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46 point up today closing price 19575
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our long entry executed so keep ur stoploss around 19100 and ride for the target for 20800
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again mkt prove today that in a bullish mode
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continuous higher high making 36 point up closing today 19611
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thank you so much for you love and support
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300 point profit after posting this chart one way profit running
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370 point profit running for now after posting this idea
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around 400 profit running now
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430 point up after posting this idea
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hope full that first target 20400 and second target 20800 will come
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when we type in google search famous chart pattern we found this chart in two times thank you for making this famous
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A huge and most successful G20 summit finish in BHARAT ITS A very very proud moment for us as a BHARTIYA
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460 point profit
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500 point profit now
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565 point profit riding
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NEW LIFE HIGH
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660 point profit running for now
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still at life high around 660 point profit running
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open can be at life high near 20125
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706 point profit running
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closing today at life high
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780 point profit running
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12 september black candle low is the fresh stop loss in this trade now
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earlier our initial Stop loss is 19100 for this trade and now shifting our stop loss to 19900 on daily closing basis
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Trailing stop loss is 19900 for now
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stop loss is closing basis so today our stop loss is safe because closing not happen below 19900
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