
#CandleTrading : #Bullish
Attached below are some of the latest observations on the recently discussed 'Lord #NarsimhaPattern' for your #learning.
For detailed information on characteristics do go through my previous post related to the same.
Charts attached below (1/9)๐๐

More from Sacchitanand Uttekar
An inverse occurrence is about to witness failure, awaiting for its impact .
#CandleTrading tag would help you understand more of some of these ancient yet effective techniques...
#CandleTrading : #Bullish #Belthold#Pattern #Psychology :Pattern importance could be traced back to the traditional #Japanese sport of \u2018Sumo #wrestling'. The importance of \u2018Mawashi ( Wrestlers Belt) \u2019 & its tactical move for gripping the opponent to throwing him off the ring. pic.twitter.com/lN60xad6Ma
— Sacchitanand Uttekar (@Sacchitananad) August 16, 2020
#Adaniports #ESCORTS #IOC were some of its recent spots
Latest occurrence getting confirmed #BHEL #BOSCH #CANBK #MGL & #BANKNIFTY โบ๏ธ
Watch out for these ๐
#CandleTrading : #Bullish
— Sacchitanand Uttekar (@USacchitanand) August 24, 2021
'Lord #NarsimhaPattern' in #M&MFinancial \U0001f64f\U0001f64f .Check properties \U0001f60a#Pattern #Psychology :
First long bar depicts the long pillar from which the lord emerges & kills the negativity pic.twitter.com/gF0mu4qHLR https://t.co/Fb2WUq1fJZ
โ #Candlesticks to spot reversal
+
โ๏ธ #HeikinAshi to capture/ride the trend
Why ? Coz, Heikin dependence on previous candle data delays its signal.
Ideal combination for #Traders; By keeping both the time scales constant.
Do try it ๐ค https://t.co/VSv8lhkAAq

#CandleTrading Mega move
— Sacchitanand Uttekar (@USacchitanand) April 10, 2021
\u2705 #Candlesticks to spot reversal
+
\u2611\ufe0f #HeikinAshi to capture/ride the trend
Why ? Coz, Heikin dependence on previous candle data delays its signal.
Ideal combination for #Traders; By keeping both the time scales constant.
Do try it \U0001f917
More from Stocklearnings
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
An inverse occurrence is about to witness failure, awaiting for its impact .
#CandleTrading tag would help you understand more of some of these ancient yet effective techniques...
#CandleTrading : #Bullish #Belthold#Pattern #Psychology :Pattern importance could be traced back to the traditional #Japanese sport of \u2018Sumo #wrestling'. The importance of \u2018Mawashi ( Wrestlers Belt) \u2019 & its tactical move for gripping the opponent to throwing him off the ring. pic.twitter.com/lN60xad6Ma
— Sacchitanand Uttekar (@Sacchitananad) August 16, 2020