#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)👇👇
More from Sacchitanand Uttekar
✅ #Candlesticks to spot reversal
+
☑️ #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 🤗 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
#Adaniports #ESCORTS #IOC were some of its recent spots
Latest occurrence getting confirmed #BHEL #BOSCH #CANBK #MGL & #BANKNIFTY ☺️
Watch out for these 🎁
#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
This is how it works & holds price within 😊, reaction swings at its best possible levels with #Candlesticks providing clarity on breakouts & breakdowns.
Most price action retaining with tools support & median levels. Next week shall be interesting 😜 https://t.co/XIN54TOT41
#Nifty50 trend & demand supply zones via #AndrewsPitchfork.
— Sacchitanand Uttekar (@USacchitanand) June 13, 2021
Its a tool which is ignored by most traders & hence highlighting it here for better reference learning due to its relevance with current price action. pic.twitter.com/5G33NU9q8Z
More from Stocklearnings
A sweet and simple BNF Setup i use
Alligator Setup
Retweet so that everyone can get benefited.
Check Full thread for full strategy.
1. You have to use 2 charts simultaneously , first chart of bank nifty spot 15 min time frame , candle used heikin ashi
Second chart 15 min bnf future normal candle.
2. Indicator used is alligator , in the indicator you have to only use the jaw of indicator.
3. Whenever spot and future candle closes simultaneously below the jaw line , short at the low of the candle which closed below the jawline.
4. Whenever spot and future candle closes simultaneously above the jaw line , buy at the high of the candle which closes above the jawline.
5. Target and Stoploss - Ideal target which i personally take is 100 points.
Stoploss also 100 points.
On trending days you can trail and take 200/300/400 points also.
I have personally made maximum 624 points in bank nifty in a single trade.
6. Precautions - never trade on sideways days.
7. Never trade on gap up or gapdown of more than 100 points .
I have made a detailed video on the same.
Link https://t.co/XMolGUKZPF
Thankyou for reading.