buy above 315 in intraday and positional
for positional stoploss - 285 and target1 355
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as...
1. Bullish market structure
2. Volume expansion
3. Trendline breakout
4. Flag & Pole formation
5. Support zone: 1073-1098
6. Target: 1197, 1245, 1352, 1409, 1489.
7. Stop loss: 1070
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for...
Bajaj Finance is trading in a tight range - Squeezing the price.
Once the Support breaks we will be in for a good down move.
On the contrary if we move up from the support, we can see close to 2% up move till higher trend line resistance.
Hello guys i had find this setup in 1h timeframe which is made a bullish pattern and good to buy after breakout and put sl at swing low and tg at resistant and also do your own analysis before taking any trade also if you like my analysis do like share and follow thank you
". There is still a possibility of temporary retracement to the suggested resistance line (0.7562).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
. AUDUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as...
We had a very nice short on Eu last night as forecasted at the start of the week.
I am still expecting price to pull back to 50% of the main daily move down, this area will be a high probability area to be looking for sells.
Because of this HTF bias i am interested in a long entry from the back of the 3hr range if one happens to present.
Will only enter if we...
This is one of the best things that is happening to Bitcoin since its inception... Moving out of China.
To start, Bitcoin is a decentralized network, having too much of it in one single place is no good for any of us.
Remember that China is a country that is anti-freedom, anti-growth, anti-liberty, etc.
Many companies have been banned in China followed by great...
A couple of days ago I posted an idea talking about a possible Wyckoff accumulation pattern forming. Here is an update. Last time we were just retesting the lower levels, it wasn't quite a spring since we didn't manage to breake it, we just saw a bounce. This time, however, we did see a break down, the price came all the way down to the 28k-19k levels. So far, the...
As per our analysis, Nifty opened with a gap-up with almost 100 points. Nifty faced resistance near 15900 which is a major support zone. For tomorrow, we are expecting a positive session in the morning.
Expectations for Tomorrow: Range-bound day.
Buy Above - 15810
Sell Below - 15750
To motivate me, Please like the idea If you agree with the...
Today will be slightly gap up opening will be in banknifty. After opening possible banknifty face resistance at 34950 level and chances of downside movement from this level upto 34550 level. In case breakout of 35000 level and sustain above 35050 then possible upside rally of 400-500+ points. Downside 34550 will act as an important support for today's session.
Possibility of market opening with Gap Down.
Resistance Level :
1. Good Resistance Zone exists at 34800-35000.
2. Strongest Resistance at 35000 .
3. Strong Resistance at 35200.
Support Level :
1. 34000 is Strongest Support Level .
2. Good Support at 34700.
3. 34500 is a Strong Support.
4. 34200-300 is Good Support Zone.
instead it is ready go broke as hell.
bet your money inversely currency such usdinr, gbpinr, eurinr and be rich.
nifty50 loosing it's strength toward upside and making strong bear divergence which will lead to strong crash to level 14k.
Nifty View: Indeed it was a disappointing trading session for Bulls as the benchmark Nifty index failed to hold onto its strong opening, slipped significantly from intraday highs to close below 15,700. We were anticipating a sustained break above (15,750-15,800), which the index did break but could not sustain - a sign of selling pressure at higher levels. Now...
Banknifty futures has taken support at 34687 and has broken above the average short term averages in lower time frames, the next immediate support is at 34136.10. Also price action point to higher high in the making. So chances of movement above are higher.
“Control your emotions or be consumed by them.” This is exactly how the financial markets play. You need to be cautious enough to surf the wave of emotions.
An illustration as to how quickly our emotions change with respect to the market movement has been explained with the help of NIFTY’s weekly chart.
It is the hopefulness and confidence about the...
Creating lines on a chart is one of the most fundamental methods of charting when performing technical analysis . Being able to create these effectively and quickly is a very useful skill to have.
Horizontal, Vertical and Cross lines can all be found on the drawings panel to the left of the chart in the subgroup “Trend Line Tools”. These tools can be added by...
In this thread, I would try with the best of my knowledge to explain the following questions as easily and briefly as possible.
1. What is a support level?
2. What is a resistance level?
3. What is their importance?
4. When and where to place Buy/Sell orders?
Support and resistance levels are a critical part of trend analysis because...
Types of Market Phases
There are 4 clear market phases, and all markets go through these phases in a repeated way:
All markets go through 4 clear phases in a repeated way:
This phase occurs after the market has bottomed and early adopters begin to buy, figuring the worst is over. At this phase, valuations are very attractive, and general...
RedK Slow Smooth Average (RSS_WMA) is based on simple, multi-WMA passes to generate a moving average that sacrifices low-lag and fast responsiveness for the sake of smoothness.
This smoothness enables an increased trader ability to visualize and track longer-term trends and removes the noise of smaller, relatively insignificant price...
This indicator displays your choice of up to 9 fundamentals on your chart.
You can configure the following attributes of the display:
• Its position on your chart.
• Automatic or custom height and width of rows.
• The size and color of text.
• The default background color (you can override it with a custom color for individual...
Hello everyone <3
I present to you guys my new indicator Volume per Point (VP)
As suggested by the title, this script gives you the volume for every point.
Here's a run down on specific features:
The columns can be the following four colors:
Green - There was an increase in VP
Red - There was a decrease in VP
Yellow - There was...
This script finds the Cups and you can use it while analysing the symbols. it creates circle and channel for the potential Cups and checks the number of bars included by the channel, if included bars is equal or greater than the value you set then it shows the cup.
"Number for Bars to search" : Maximum length of a Cup
I have made a small Explanation here how to determine the change in the trend and how to determine using time based tool to confirm the trend has changed or the pattern
has confirmed the Next trend
Hope you will find small info in the explanation , You need to search Google for more detail in order to learn more on time based forecasting Methods
it is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows behaviour of the market.