DUCON INFRATECHNOLOGIES LDiupdate

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

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

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- 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

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- Retest - Its like price reversing back to the breakout level & consolidates again and forms patterns as flag, triangle, rectangle etc
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- Continuation - Price again breaks out of the consolidation zone and continues
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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



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