This stock is very interesting for me. Why? Let me explain
Let's start with monthly chart.
Last time it touched 200 level it bounced back like anything and again it touched level of 200 and this time also it failed to break those level and more interestingly it created a W pattern with Double bottom in longer term as...
This is ICICI monthly timeframe chart, which has a major trend as an uptrend.
In this, 1 to 4 waves have been formed and to complete the impulse module, the 5th wave is going to be made.
The third wave is extensive. The wave count of it is a bit unclear. When we count the minor waves of the 3rd wave, the 4th wave of minor...
Closed today above strong resistance. Also formed a symmetrical triangle pattern and closed just above upper TL. Sustaining above 172 can go further high. Levels mentioned in chart. For educational purpose.
. There is still a possibility of temporary retracement to suggested resistance line (1.3365). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. GBPUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a...
We See Btcusd New resistance format Zone create and again it back 16k. Now we think two types view under one view successfully create. 1st view:- btcusd again 12k near zone touch and again new high coming or double top bottom create possible and Back 8k below. 2nd view:- Btcusd 8k or 4k near price come upcoming event and again new high coming 25k price...
. There is a possibility of temporary retracement to suggested support line (0.00002655). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. VeChain/Ethereum VETETH is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as...
Nifty50 cracked from an important level yesterday, forming a bearish engulfing pattern on daily TF. Anyway, candlestick patterns can be misleading if it doesn't form on the right place. If nifty50 breaks current support at 12826 and sustains below it then 12740 and 12590 levels.
But if sustains above 12920 then 13030 and 13130 can be expected. Further ATH can...
STUDY OF NOVEMBER EXPIRY
30TH OCT - 26TH NOV
ALL RED CANDLES EXCEPT YDAY'S N TODAY'S ARE
ALMOST DOJI CANDLES
giving some thought to this pattern :-
TILL 24TH NOV - WE CAN SAY BUYERS WERE IN FULL STRENGTH
AS EACH DAY WHEN THE DAY HAD SELLERS STRENGTH
AND CANDLE WAS TRYING TO CLOSE IN RED BAR
BUYERS CAME IN N PULLED IN EQUAL STRENGTH
WHICH LEAD TO DOJI...
Gold forming Ascending Triangle pattern and if breaks the resistance it will move further up considerably . . . . There is a big fall so it is expected this pattern to break up, lets wait and see.
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ICICI PRUDENTIALS LOOKS VERY STRONG ABOVE 462 LEVELS. LONG POSITIONS IN ICICI PRUDENTIALS CAN BE TAKEN ONLY IF IT MANAGES TO CLOSE ABOVE 462 LEVELS. THE TARGETS WILL BE 475 AND 500 IN THE NEAR FUTURE WITH A STRICT STOP LOSS IF IT CLOSES BELOW 445 LEVELS. THE PRICES ARE CURRENTLY TRADING IN AN UPWARD CHANNEL WITH A MAJOR SUPPORT @399 LEVELS. LONG TERM INVESTMENTS...
Not A Trading Call. Just for Educational Purpose
Last Price-2010 / 11:46 Hrs / 11th Nov2020
Fall Below 2060/2065 which was updated in the last idea published as mentioned looks like an impulsive Wave-3 down finished the fall...
Howdy Traders ,
The Ichimoku cloud was evolved by Goichi Hosoda,
utilization of Ichimoku Kinko Hyo
1.identify support & resistance
3.Find trend direction
Parts of ichimoku cloud
3.senkou span A
4.senkou span B
6. chikou ( we will learn in part 2 )
By the observing from left to the right-hand side for AB = CD and 1.27/1.618AB=CD most precise Potential Reversal Zones ( PRZ ) of alternate Harmonic Pattern.
The next important level for, Alternate 1.27AB = CD at 13096 can be used to determine other potential Reversal Points.
1.27 AB = CD 13096
AB = CD was at 12765 and the price slightly crossover...
This is a new indicator that uses Murrey Math formulas to find the tops and bottoms, then uses those tops and bottoms to draw long-term fibonacci retracement levels. The genius of Murrey was his geometric formulas to calculate the right place to start plotting the lines, but I think the fibonacci ratios typically seem more accurate than the MM line ratios. So in...
John F. Ehlers introuced SwamiCharts RSI in his "Cycle Analytics for Traders" chapter 16 on 2013.
SwamiCharts retain the core functionality of the technical indicators with which you're already familiar, while packing much more information into an easy-to interpret heat map chart. With SwamiCharts, you now visualize each...
So far the most widely used moving average with an adjustable weighting function is the Arnaud Legoux moving average (ALMA), who uses a Gaussian function as weighting function. Adjustable weighting functions are useful since they allow us to control characteristics of the moving average such as lag and smoothness.
The following moving average has a simple...
Graham Number is named after the “father of value investing,” Benjamin Graham, who was a mentor of Warren Buffett. The figure takes into account earnings per share and book value per share to measure a stock's maximum fair market value. In other words, it is the upper end of the price range that a defensive investor should pay for the stock.
The Graham Number =...
This is not an idea, this is a video about an amazing and unbelievably great script that uses an idea and multiplies funds by 20-140 times in a year without human intervention. Best example of how detaching yourself emotionally from the market a person can actually benefit.
Profit % that you see for any market pair (especially cryptocurrency, which is highly...