Trading is like Kids Playing with ABC:Ducon Infratech Trade Plan

Cập nhật
Dear all,

The above chart presents a simplicity of trading, its the heart and soul of trading, let it be a trend following system or investor or day trader or scalper -its as easy as kids ABC

Let me explain my points with the simple yet powerful setup with above chart and more examples:

Points to consider in every setup(conservative)

- Consolidation
- Breakout(A)
- Consolidation
- Retest(B)
- Continuation(C)

- Breakout - As we all know every tick in the market is a confirmation of fight between bulls and bear as bulls want to take prices higher and bears hammer the prices lower, breakout can be understood as a winning the battle and taking the prices higher. And we just have to join the WINNING SIDE in this case its BULLS

ảnh chụp nhanh

- Consolidation - Consolidation can be understood as a laying the foundation for a strong building. In stock market we know it as Flag, triangle, rectangle etc

ảnh chụp nhanh

- Retest - Its like price reversing back to the breakout level & consolidates again and forms patterns as flag, triangle, rectangle etc
ảnh chụp nhanh

- Continuation - Price again breaks out of the consolidation zone and continues
ảnh chụp nhanh

some of the live Nifty examples are mentioned below for better understanding

Continuation Head & Shoulder in Nifty & Likely Follow through!


Trade Plan 10 Jan 2022 onwards : Nifty


 Trade Plan 06 Jan 2022 onwards : Nifty


Trade Plan 31 Dec 21 onwards : Nifty


Nifty Trade Plan with previous plan Followup: 25 Feb 22 onwards


Some of the Bank Nifty charts for ready reference

Breakdown - retest from bottom & continued lower
Rising Wedge in Bank Nifty : Caution for Longs


Breakout and twice retest
Tricky Budget Week Ahead: 31 Jan 22 Onwards


Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind



Ghi chú
ảnh chụp nhanh
breakoutChart PatternsElliott WavepriceactionTrend AnalysisWave Analysis

Dhiraj Singh Bais
App : Power Profit Academy
Instagram : instagram.com/old_school_trader007?igsh=MXYyMDFkbHN6azZuZw==

Website : otm.dhirajsinghbais.com/PPW247

Twitter: @OldSchoolTdr007
Whatsapp: 7379556677
Ngoài ra, trên:

Thông báo miễn trừ trách nhiệm