Using CPR ranges, Patterns, Trend-lines, Elliott waves and order-blocks to spot trade opportunities in banknifty (intraday).
Pre-Market Expectations:
After Market Open:
Post-Market Analysis and Trades:
Today was a short covering rally. CPR was narrow.
Monday was a holiday, Tuesday was a sideways range day, a big movement was expected today and it came.
Pre-Market Expectations:
After Market Open:
Post-Market Analysis and Trades:
Today was a short covering rally. CPR was narrow.
Monday was a holiday, Tuesday was a sideways range day, a big movement was expected today and it came.
- Entry: Breakout-Retest of TL(A) + BPB of PDH, Breakout of Horizontal TL-B(Add).
- SL: 25 points below Retest Entry
- TSL: 2, 3M red candles below 21EMA.
- Target1: 1.217 MMO of TL break + Parallel Channel Extension (Achieved).
- Target2: 1.618 MMO of TL break at 18926 (wasn't achieved today).
