Tail it has all the characteristics and underlying implications of the excess price, but is stronger. The less time price spends at a certain price level, the more effective that price level will be in providing support or resistance for future price action. Because less time spent shows greater rejection. Observe how price goes above value and spends there the...
KING OF REVERSAL'S - MAGICAL BREADTH TOOLS- 835 POINTS IN 2 DAYS
Except Breadth tools, no other tool in this real world market scenarios can capture the reversals so accurately.
Breadth tools will help you to read very precise information on how the volumes are flowing on an Uptick and Downtick.
Understanding tick volume is very important and most of the...
As expected Nifty 5.1.4 wave reached near 11100-200 range and reversed. This 4th wave looking at it after the event turned out to be a peculiar one, in the sense that it took much more time at distribution level at ATH and just below it before cracking.
1. With the first indication of HH and HL in normal candles, long can be initiated with SL just below the...
Hello, It's a good sign that Ibulhsfin closed above its 20 DMA (above 700). its a Good level for buying for a short term view (3 days to 3 weeks). for intraday buy only if it will Sustain above 730.
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I am not in this scrip , Just posting as one person asked me in PM
this could be the next move , you can look to trail the stop on daily low basis if you enter
Look to book in case find the deep pull back
Finally, exit polls have given some hope of stable government but considering past track record of +/- 10-15% deviation in numbers, risk to financial market has already been built up. BJP with 285+ seats and NDA with +310 seats are good for market but that should not last long as real concerns on economic slowdown will come into play. Will poll numbers behave...
Nifty trading range was put forward by me on 05/05/2019.
On the day I had predicted huge move by nifty either upward or down ward.
At the end of that idea I had expected nifty to come down appreciably and
during election result out come days nifty to bounce back.
During these days nifty has traveled nicely obeying the trend lines.
Indian VIX index is high now a...