Nifty, BNifty, Stock 1hrs Trade SetupFollow Time frame 1hr, identify candle Hanging man on resistance and Inverted hammer on support, entry after candle closed, and enjoy the profit.. look at setup in picture....
1hrtimeframe
1hr Analysis on KMX(Carmax)This is my 1hr markup on the 1hr chart with KMX.
I have an entry above 138.55 with an initial take profit at 140..
If price pushes above 140, then I plan on holding back to 143-145.
I like this idea based off the the 200MA bounce(blue line) as well as the Daily Chart sitting at or around a 50% retracement.
Will watching over the next few days.
