Hello friends and mates, today I am trying to share an educational idea with you on Pullback & Retracement and I hope you all will like this publication. Understanding the Difference Between Pullback and Retracement in Trading In the world of trading and technical analysis, understanding market movements is crucial for making informed decisions. Two terms that...
DIVISLAB The price has been consolidating in a narrow range for more than a year. Recently, the price successfully surpassed its resistance level. Since the breakout, the price has maintained above the breakout point and is steadily increasing. The current RSI is above 60, suggesting strong buying pressure. ONGC Before, the price was rising...
There are so many opinions are running in the market in the name of STRATEGY. Somebody is saying -"Investment is safer than trading." But not similarly nobody or rarely anybody is saying ' trading skill is very important to know' Then what to do? Discussing problem is not the solution obviously. In a very simple format I can say. Example: You need Rs.30k per...
(1) Before, the price was strongly rejected around the 1250 level. (2) Then, the price dropped by about 85%. (3) Later on, the price found support near the 165 level and began to rise. (4) However, the price was rejected again around the 690 level and dropped. (5) After a significant increase, the price finally broke the neckline of the Double Bottom pattern...
(1) The price has been consistently trending upwards over the past year. (2) Following the breakout of the Pole & Flag pattern, the price surged sharply. (3) Subsequently, the price entered an accumulation phase and began consolidating within a Box pattern, which is a positive sign after a strong rally. (4) After 3 months of consolidation, the price finally...
NSE IT SECTORS NSE:CNXIT TREND: POSITIVE India IT sector is currently on an upward trend. After a bullish Pole & Flag pattern was spotted on the chart, a breakout occurred leading to a surge in index and the formation of a bullish Pennant pattern. Encountering resistance at the 38,600 level, the IT index underwent a correction and consolidation...
(1) The price at the 2050 level was strongly rejected in the past, leading to an 63% decrease. (2) Eventually, the price found support near 690 and began to rise. (3) However, it was rejected again near 1570 and fell. (4) The price surged after a notable increase, breaking through its trendline resistance and carrying on with its upward momentum. (5) At long...
There is a large bearish candle on crossing the 50 day SMA. MACD is also in the bearish zone. Also 9EMA crossed the 21 day EMA indicating a bullish trend. Supertrend is also just about changing to buy.
Log Scale vs Linear Scale Charts. Log Scale - It is a type of representation where price is equally distributed in percentage. Linear Scale - It is type of representation where price is equally distributed in terms of price points. There will be no difference in terms of Moving averages, Fibonacci, Horizontal levels if you select any of two option.
The analysis is done on Weekly TF. The purpose of sharing this analysis is to make viewers understand the stage concept Legendary Trader - Stan Weinstein has introduced this concept of Stage analysis of a stock. A stock goes through 4 stages in its lifetime and the cycle repeats. The stock has been in accumulation phase for past 2 years almost and now seems to...
NSE:ADANIENT Hello, Traders! 👋 I hope you’re all having a fantastic weekend! 🌟 Whether you’re sipping coffee, analyzing charts, or just enjoying some downtime, let’s make it even more productive. 📈💡 In today’s educational post, we’ll explore a concept that might have slipped under your radar or left you slightly puzzled. No worries—I’m here to shed light on...
Overview & Observation: 1. Setup was based on a simple Breakout ad retest entry. 2. With Less than 10% SL 1:2.5 RRR already achieved, a further 25% upside target can be taken after trailing near the entry price
Q: What is India VIX? Ans) India VIX, or India Volatility Index, measures the market's expectation of volatility over the near term. It is often referred to as the "Fear Gauge" as it indicates the level of fear or risk in the market. Higher VIX values indicate higher expected volatility, while lower values suggest lower expected Volatility. Q: What does a...
Green flag: scare weak investors to sell to me Red flag: scare them one more time Orange flag: more scaring Yellow flag: good price to buy big Light blue flag: push weak investors to buy from me Blue flag: more manipulation to dump Purple flag: sell high to weak investors AI/ML is good at catching these moves
Identified 5 types of bearish candlestick patterns for understanding.
There are 14 stages of market sentiment cycle, the 2 stages which are the most interesting and which every seasoned trader tries to identify are Euphoria and Despondency / Depression. Euphoria stage - This is the point of maximum financial risk Despondency / Depression - Point of maximum financial opportunity Have tried to plot the best estimate to understand...
Enough to shock you a well known youtuber shared his p&l you should really watch it, he is not a small trader look how much he earns and pays
Wyckoff developed a price action market theory which is still a leading principle in today's trading practice. The Wyckoff method states that the price cycle of a traded instrument consists of 4 stages – Accumulation, Markup, Distribution, and MarkDown. 👉TEXTBOOK EXAMPLE Accumulation Schematic: Wyckoff Events and Phases👈 Price Action Analysis And this is...