johntradingwick

johntradingwick

Key highlights: - Metropolis is about 50% down from the highs. - The selling pressure seems to be slowing down - 1800 has been good support in the past. - 2300 is now a flip level - Supply zone at 2450-2500 - Lower support at 1500 Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk....

johntradingwick Updated 

With the global markets witnessing a ruthless sell-off in the past month, where SPX lost 600 points in merely 13 sessions and the likes of Netflix, Facebook, Paypal recording massive losses, where are we headed in the coming months? Let's see a short scenario for Nifty, purely from a technical view. There are obviously fundamental factors that were/are...

johntradingwick Updated 

Hi all, hope you are safe and holding well. I'll keep this post very short and crisp. The weekly demand zones have been mapped out in the chart. The first demand zone lies somewhere between 15500-15900 whereas, at the lower levels, we have a weekly demand zone from 14600-15000. There are likely 3 scenarios ahead. 1. We flush out till the 1st demand zone, rally...

johntradingwick

Hi all, today we are going to see one of the most important concepts for day trading. This is an updated version with better illustrations and more exhibits. I have taken all the content from the book “Secrets of a Pivot Boss” and added illustrations and charts so that you don’t have to read the complete book. I am merely a presenter of the concepts written by...

johntradingwick

1. Sitting at range equilibrium 2. Formed inside bar pattern 3. Buy above 17170 4. Sell below 17080 Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Your likes will motivate me to work harder and better. Keep supporting my work. 😊 Happy learning. Cheers! Rajat Kumar Singh...

johntradingwick

1. Sitting at flip level 2. Formed inside bar pattern 3. Buy above 37900 4. Sell below 37575 Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Your likes will motivate me to work harder and better. Keep supporting my work. 😊 Happy learning. Cheers! Rajat Kumar Singh...

johntradingwick Updated 

Key highlights: 1. Bounced off 2 day demand zone 2. Closed just above 200 MA 3. Sitting at 0.5 Fibonacci level 4. Potential formation of Inverse Head and Shoulders pattern 5. Psychological level of 1500 Disclaimer :  This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers!...

johntradingwick Updated 

Key highlights: 1. Bounced off daily demand zone in December 2. Change in market structure 3. Overhead resistance from 200MA cluster 4. Inside bar pattern formation 5. Currently sitting at 0.618 Fibonacci level of the last swing Disclaimer :  This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. ...

johntradingwick Updated 

1. The current structure looks very similar to the accumulation structure formed in May-August 2021. 2. The distribution schematic was clear in May, but this time (in November) it was not as clear and seemed like a pullback. 3. Retailers are bearish now since the price broke down below 200MA and a death cross is nearing. This is conventional thinking. Retailers...

johntradingwick

Key highlights: 1. Approaching 2 day demand zone 2. Bullish market structure on HTF 3. Continuous support from 200 MA in the recent past 4. Just in the flip zone 5. Psychological level of 1800 Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar...

johntradingwick

Hi all, today we are going to study about basics and usage of technical analysis. I have prepared this wholesome post so that you guys are able to understand what technical analysis is all about. I have shortened the sentences to readable points, hence, don't mind the grammar. Learning objectives: After studying this post the student should be able to...

johntradingwick

Key highlights: 1. Bounced off the weekly demand zone 2. Forming a Bullish market structure 3. Continuous support from 200 MA 4. Volume is picking up 5. Moving in a symmetrical triangle Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh...

johntradingwick

Key highlights: 1. Bounced off the weekly demand zone 2. Forming a Bullish market structure 3. Support from 200 MA 4. Good volume expansion 5. Testing the trendline for the 4th time. It may give a breakout this time. 6. Flip level @1246. Expect a good move if it closes above 1246. Disclaimer: This is NOT investment advice. This post is meant for learning...

johntradingwick

1. EIHOTEL has been moving in the parallel channel for the last, almost 2 years. 2. If we observe, can clearly see the phases of impulse and correction. Currently, the price seems to be completing the corrective phase. 3. If we see the daily chart, the price seems to be under contraction, indicated by the back-to-back formation of inside bar candles. 4....

johntradingwick Updated 

Price has been ranging for the last few days. Expecting a breakout soon. 1. Long above 35180 2. Short below 34978 Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick)

johntradingwick Updated 

Price has been ranging for the last few days. Expecting a breakout soon. 1. Long above 17258 2. Short below 17179 Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick)

johntradingwick

Hi, today we are going to see one of the most important concepts for day trading. I have taken all the content from the book “Secrets of a Pivot Boss” and added illustrations and charts, so that you don’t have to read the book. I am merely a presenter of the original content written by Franklin Ochoa. But the charts and illustrations are all done by me (If you...

johntradingwick

Key Highlights: 1. Price is at the flip zone 2. Near 200 MA cluster, which may provide support 3. Bullish divergence 4. Bearish market structure at the moment 5. Volume will come as soon as there is a reversal candle Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy...