MasterTrader1949X

MasterTrader1949X

A Simple but strong price action. Supply Zone is market with red. Demand Zone is market with red. A beautiful pattern can be seen. wait for price to enter Demand zone. Once it enter, it will also make Tripple Bottom on weekly chart. Long (accumulation Zone) - 920 to 840 stoploss - 800 Target - 1340 to 1450 This idea is for Educational purpose and paper...

MasterTrader1949X

Bigger Picture:- Supply & Demand Zones are marked on the chart. Supply Zone in Red. Demand Zone in Green. If Breakout above 49000 - Target 62500 - Stoploss 45000 If Breakdown below 44500 - Target 31500 - Stoploss 48500 Some Volume is seen in Buying. However good volume is required for Breakout to sustain. Reversal area is market with a yellow line. Rounding...

MasterTrader1949X

# 10 Points Strategy to Master Crypto:- (More the points confirmation more may be the accuracy). 1. Market Cycle - Know the Bigger Picture - Establish a Bias - Its Bullish or Bearish. 2. Market Cap Dominance Percentage chart - Interest Increasing in Bitcoin or Altcoin. 3. Open Interest - Total Buyer & Seller Increasing or Decreasing. 4. Long/Short Ratio -...

MasterTrader1949X

Technical Analysis:- - Stock All time low near 25. - Stock reversed from 25 making a double bottom. - High Volume seen in the Stock in past few months. - Major Support Zone is 46 to 56. - 4th time the stock is near Resistance Trendline. - Breakout Above 70 is possible with this high volume. - Support at 56-46-25 - Resistance at 100-190-240 Fundamental...

MasterTrader1949X

RAJESH EXPORTS:- Incorporated in 1989, Rajesh Exports Ltd is a manufacturer of Gold and Gold Products. Fundamental Analysis:- Overview:- - Company is a gold refiner, manufacturer and exporter of Gold products. - Only company in the world with presence across the entire value chain of Gold from refining to retailing, processing 35% of gold produced in the...

MasterTrader1949X

SBICARD on weekly Chart showing simple but Strong Price Action. RSI approaching 30 (Oversold Zone). Its near Major Support Zone of 650 to 712 - already bounced up 6 times from this zone. Wait for RSI trendline Resistance Breakout Marked with Red line for Breakout Trade. Also wait for Channel Upper Trendline Breakout marked in red for Breakout Trade. For Support...

MasterTrader1949X

VEDL is overall in Bearish Trend on higher timeframe. See the below chart for EMA and RSI correlation. EMA:- - Its below Daily 200 EMA (White Line). - Its below Weekly 200 EMA (Green Line). - Both these Daily & Weekly EMA's may now act as Resistance. - So i am expecting price to again reverse downside from 256 level. - Price is above Monthly 200 EMA (Red...

MasterTrader1949X Updated 

Reliance Industries analysis shown on Weekly Chart:- - Reliance Industries is trading below RSI 30 on Daily Timeframe. - Its below 200 EMA on Daily Timeframe. - Its expected to bounce back either from RSI 40 or RSI 30 on weekly timeframe. Four Major Support levels for Reliance on weekly chart are as follows:- - Support 1 @ 2100 (Qty 25%)- Its a Trendline Support...

MasterTrader1949X Updated 

What is CPR indicator:- Central Pivot Range (CPR) indicator is used to identify key points of price levels. The previous day's high, low, and close prices are used to calculate the CPR levels for the current day. It is comprise of 3 levels – Central pivot point (pivot point/PP), Top central pivot (TC) and Bottom central pivot (BC). These levels remain constant...

MasterTrader1949X Updated 

What is an EMA:- An exponential moving average (EMA) is a moving average that measures the average price of a security and assigns more weight and meaning to the most recent data points. Compared to SMA, EMA responds more effectively to recent price changes and applies equal importance to all observations over the period. What is an Envelope:- Envelopes are...

MasterTrader1949X Updated 

What is RSI indicator:- RSI is a momentum oscillator which measures the speed and change of price movements. RSI moves up and down (oscillates) between ZERO and 100. Generally RSI above 70 is considered overbought and below 30 is considered oversold. Some traders may use a setting of 20 and 80 for oversold and overbought conditions respectively. However this may...

MasterTrader1949X

What is a Pair Trading ? - Pair Trading is a market-neutral trading strategy that involves the simultaneous buying and selling of two correlated or related financial instruments. - Traders identify two assets that historically move in tandem and take positions based on the expectation that the spread between the assets will converge or diverge. - The strategy...

MasterTrader1949X

These two tools may increase accuracy of selection of stocks for you keeping various important factors in these:- PIOTROSKI SCORE: Its comprise of "9" fundamentals used to evaluate a company's financial health. Profitability Criteria: 1. Positive Net Income (Profitability) - (1 point) A company should have a positive net income in the current year. 2. Positive...