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...
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...
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
Please find different types of chart patterns
1. Pole and flag chart pattern - it is a continuation chart pattern. In uptrend when prices when up upto level then prices got consolidation for some time and again shoot up further. Similarly in downtrend as well.
2. Cup and handle chart pattern - it is a bullish chart pattern. It takes time to form in shape of a cup...
TVS MOTOR CO
1. Inv Head & Shoulder Pattern
2. Breakout & retest strategy
3. Close within 52W high zone (2313.45)
4. Close above the previous day's high (2238.80)
5. High increase in 1 month (+9.6%)
6. High increase in 12 months (+72.3%)
7. Promoter holding 50.27 %
8. Pledged percentage 0.00 %
9. Change in Prom Hold 0.00%
10. FII holding 20.8 %
11....
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...
This is my today's (13-06-24) trade on #BPCL .
Booked 1:1
Stock was on strong uptrend,Entry based on Pullback at good Demand zone with confluence of proper signals moving averages and volume.
Overall Market was in sideways today so stock was not giving strong movements.
Then booked 1:1 &close.
Im hoping 1:2 hits tomorrow
Spike in volume on 7th june shows buyer are interested. Trend is also changed in upside. Stock possibly perform good above 694.
Long Term Possibility - Let's see what will happen in upcoming earnings, in case earnings will show good results, it will attract more buyers.
Hello Community,
today i will talk about the importance of risk management in stock market, why its important to respect risk in stock market with proper stoploss method you should have as per your risk apetite with example. We have talked much about the BO stocks which had made good money for us but still in market there are lot many examples where good BO got...
Bearish reversal patterns
double top pattern - prices go to almost same level twice and fall back and if support at base of pattern is broken by reasonable volume, it downs further.
head and shoulder pattern - 2 shoulders and 1 head. here level of head should be higher than both shoulders. although level of both shoulders may not be equal and it is accepted. lows...
This post is only for Educational Purpose.
Just to remind you all the Power of technical Analysis.
What a picture-perfect move by National Aluminum with,
- Wave Theory
- Bullish Continues Divergences with MACD
- Double Bottom & Top Chart Pattern
- Tringle Pattern Breakout with Retest
- Reversed Bullish Divergence with RSI
All these together works perfectly here.
Seeing Realestate sector tailwind and revenue which is going to be recognised in Q4 would be a booster and company has GDV of 30000+cr and many projects are in pipeline of completion in coming years.
Midcap Nifty on daily TF rejected breaking 61.8% in 4/5 continuous trading sessions. It was again and again trying to bounce back from the levels, and it successfully bounces with major upside candle today. Trying to break out of the box upside too, if the buying follows up, we can see new highs on this index again.
Only for educational purposes. Do your own...
Analyzing the Descending Triangle Pattern on RELIANCE Daily Charts
Introduction:
In the world of technical analysis, patterns often provide valuable insights into potential market movements. One such pattern that has caught the attention of traders is the descending triangle forming on the Reliance Industries Limited (RIL) daily charts. Let's delve into this...
Conclusion. Trade is a primary economic concept which involves buying and selling of commodities and services, along with a compensation paid by a buyer to a seller. In another case, trading can be an exchange of commodities/services between parties.
How To Become a Professional Trader :
Learn the trading basics. ...
Learn the advanced basics. ...
Develop...
