by just analysing the structure of market on hourly frame it seems that the downtrend may not resume unless and untill nifty holds 11014 on closing basis ! we can then see further gaps getting filled due to it ! lets just keep a track at levels closely!
...... Spot & Future Intraday, Future Weekly Levels Plotted & Mentioned on chart. Trade as per Specified level with description. FUTURE Trader must take position with Hedge strategy. Disclaimer: Information given here, Study/Education purpose only. For taking trade decision Consult with your Financial Advisor. If Useful Like & Share
First, consider what your preferred time frame you want to trade. This ultimately comes down to work commitments and personal preferences. Second, do you want to trade in the direction of the trend aka trend following strategy or do you want to be a counter trend trader and trade reversal patterns? Third, you’ll need something to look for as a signal to enter....
Is Bitcoin a payment method or an asset? It refers to digital money circulating in a decentralized payment network. The value of the cryptocurrency market is now comparable to the market value of companies like JPMorgan Chase. That is why even the most conservative players on the financial market can no longer ignore it, and investment banks and management...
PART 3: THE MARKET: “EXISTENCE AND REALIZATION” This is the third part of my series as “Evolution of price action trader”. I suggest you go through the first two parts for continuity. In the closing remark of previous article I had understood the goal of me as price action trader is to be, “The market”. If I am the market what make me exist?. The very essence of...
Part 2: What is my goal as trader? I revisited my research question, why this market eludes me, what is this market…………. And it was then my ignorance again came to limelight; all through this years I was trying to capture this market. But this invisible market is actual made of traders like me. The invisible force that drives, that gives momentum, is made up...
What is my goal as trader? This is my first post in trading view community and in this series of articles i wish to share how i evolved as price action trader; the directions i have taken to reach my goal. I sincerely hope this may be of some use to like-minded persons those are who are in same shoes. Alright, being an investor in many financial instruments for...
We have seen some possible setups in the market, So I have decided to share my some knowledge to other traders who want to understand price action analysis and I suggest to the new trader to do not make analysis more complicated, make it simple. I hope it will help and this video is for education purpose only, I do not recommend to anyone for buy or sell, Do your...
Disclaimer... not invested not an inventing /trading recommendation
Weekly and Daily chart comparison for Bank Nifty Bank Nifty is at significant resistance levels. National and global uncertainty mentioned in the chart could lead to consolidation or unexpected price action. Fairly high risk when trading this week. Be careful.
if you are with long side stay on with the 10640 stplos.. because more short covering may happen.. If nifty want to move in it's upward channel ,,BECAUSE it is near around it's bottom of channel.. i f you look on future price of nifty .. gap between spot price and nifty future.. nifty =74+ nifty future price = 91+ 91-74= 17 (today buyer was heavy on...
let,s see IS the uptrend channel work or not?? just chart of l&T tell you everything if you are a technical analysts.. comment your view.. For more query comment below.. i ll happy to see your view, comment and feedback And follow for such more analysis ....
Comment you view on BPCL. For more query comment below.. i ll happy to see your view, comment and feedback And follow for such more analysis ....