Below is the complete instruction on how to use the Fundamental Strength Indicator . Part 1: The Fundamental Strength of the Company To understand what it is for, let's imagine that you manage a long-distance running team, and you need to recruit a team of excellent athletes. However, you don’t even know the names of these athletes or their contract amounts....
Rec Ltd..making of a bullish confirmation candle after dragonfly doji candlestick on weekly time frame in downtrend.
Tata motors has shown a superb bullish rally but this seems a formation of shooting star stay cautious in bullish trade study and think and then trade carefully
In this video I have discussed a part of the END OF THE DAY analysis of NIFTY futures please do let me know if you guys want more videos like this Thank You for watching the video Till then, HAPPY TRADING :)
HEIKEN ASHI Strategy: 1.INTRODUCTION (WHY HEIKEN ASHI CANDESTICKS) Often trading on the trend gets difficult due to price action that makes trader exit trades early. (USELESS NOISE FORMED BY TRADITIONAL CANDLES) This mainly happens due to impact of one single candle or bar on Trader’s ability to hold positions. Through Heiken Ashi Candles , this problem is...
Opening: The nifty futures opened almost flat (GAP is the adjustment) and formed a BIG bull bar as the 1st bar indicating a bullish strength which was confirmed as bears weren't able to pullback to the MA even after 20 bars Mid day and closing: The market behaved like a typical bull trend day closing near it's high PROFITABLE TRADES: One good trade which i...
Welcome To Trend Talk😊 How do the MACD and RSI indicators differ? - The moving average convergence divergence (MACD) indicator and the relative strength index (RSI) are two popular momentum indicators used by technical analysts and day traders. While they both provide signals to traders, they operate differently. The primary difference lies in what each is...
1.Opening Range:The market opened flat with first few candles indicating that today might have two sided trading and the market was two sided in a trading range as the opening range suggested 2.Mid Day and Closing:The market consolidated and gave a closing at around the top of the range which is a typical monthly expiry day... Patterns which were tradable: Only...
Crude oil is very interesting instrument Trying to make impulsive move after corrective wave if it crossess previous month high and sustains then bullish journey may continue
The probability of a breakout getting failed is much higher than it's success rate.(A STOCK AT REST TRIES TO BE AT REST AND THE ONE IN MOTION TRIES TO BE IN MOTION like NEWTON's First Law Of Motion) But breakout trades are the most rewarding trades in stock market. So...if there was a method to find out a high probable successful breakout then it would have been a...
Ways to identifty a multibagger and a good stock for positional trade: The stock should fulfill the following criteria 1.It should be from a booming sector and the broader index should be uptrending 2.The relative strength of the stock to Nifty 50 should be in uptrend 3.RSI should be above 40 4.The stock should be in a stage 2 uptrend structure (breakout with...
1.Opening Range:The market opened flat with first few candles indicating that today might have two sided trading and then after forming a DOUBLE TOP BEAR FLAG as indicated in the below posts of 5 min NIFTY FUTURES chart it broke the opening range and this started a meltdown 2.Mid Day and Closing:The market gave a strong breakout around opening hours and the...
Are you ready to delve into the captivating world of intraday trading? On February 27, 2024, the NIFTY 50 index showcased some fascinating patterns that kept traders on the edge of their seats. Here's a quick rundown: 1. Opening Range: The market opened flat with first few candles indicating that today might have 2 sided trading... 2. Mid Day and Closing: The...
What Is Bitcoin Halving? Here's All You Need to Know. Halving is the event of slashing Bitcoin's mining rewards every 210,000 blocks, or roughly every four years. Read all about it here. Table of Contents Overview What Is Bitcoin Halving? When Is the Next Bitcoin Halving? Deep Dive into Blockchain How Are Miners Rewarded? Why Halving Matters? The...
In the previous publication I started talking about my decision-making system. I use it when investing in stocks. This system allows me to answer three questions: - which stocks to choose? - at what price to make a trade? - and in what quantity? In this post, I will continue to answer the question Which stocks to pick? and tell you about another facet of...
Hi Everyone! I hope you all are fine. Today I have brought an interesting Price Action case study of Coal India. Although the chart is self-explanatory, I will mention some key points. 1 . Always watch Support and Resistance—the basics of Price Action. 2. If the price goes too far away from the moving average(in either direction), be cautious, as sooner it will...
1. Supply & Demand Zones. 2. Support & Resistance. 3. Bullish & Bearish Order Blocks. as shown on main chart. Like other technical knowledge, This also are not a holy grail. It can only assist you in building a good strategy. You can only succeed with proper position sizing, risk management and following correct trading Psychology (No overtrade, No greed, No...
Cup and Handle pattern on weekly chart has formed and Breakout with high volume has occurred above the neckline. This stock has the potential to double in no time.