Are you confused as to how BTST trades work? Firstly, BTST trades simply mean "Buy Today and Sell Tomorrow." That is, you simply buy a particular stock today and exit it tomorrow. I would like to clarify that every broker allows you to take BTST trades and there are no extra charges for executing such trades. Like intraday and swing trading, it is just one of the...
The majority of short-term trading results are just random. In the long term the money ends up with those that can trade and manage risk. Why Risk Management is Important? People who don’t follow Risk Management they can blowout their account easily. For instance, they are taking 20 % risk of trading capital, then only 5 wrong trade can blow their account....
Dow has created Island reversal Candle stick pattern on its daily charts. This pattern suggest that the down trend will continue and bulls are trapped. As mentioned in the previous tutorials, 34100 is extremely crucial level for Dow . Closing below this may form a head and shoulder trend reversal pattern which will be much more worse than this pattern....
Hello Traders, in this post I will be talking about our entry signal which we will use in our strategy. Most of us already know about candlestick pattern but we don’t apply in proper manner. Firstly, we should use candlestick pattern in Support and Resistance or Trendlines that’s where it provides good entry point. Secondly, size of candle is important compared...
1. Head & Shoulder pattern formed after good upmove. 2. Price clearly facing resistance after that. 3. Price may move down to 16550 which is target for SHORT side as per Head & Shoulder pattern.
NIFTY UPCOMING TREND, NIFTY CHARTpatterns NIFTY CHARTpatterns NIFTY CHARTpatterns NIFTY CHARTpatterns
Support and Resistance Hello Traders, I will be discussing about Support and Resistance area in this part, which is backbone of Price Action trading. What is Resistance area? Resistance is a horizontal area on a chart. Where price experience selling pressure and tends to move down. What is Support area? Support is a horizontal area on a chart. Where...
On left hand side chart, there is an upward channel on weekly time frame since Sep 2020 and downward channel from mid October 2021. NSE:NIFTY On right hand side, downward channel formed since October 19, 2021 is focused on daily time frame. Observations: A) On weekly chart, Nifty has taken support at the lower band of upward channel. B) On daily chart, Nifty...
This is analysis is for educational purpose only! Since many weeks bank nifty is under performing in the market and today it has created Head and Shoulder Trend Reversal Pattern on its daily charts. By the huge structure of this head and shoulder we can expect a huge fall of 5900 points. Yes! 5900 POINTS. If Bank Nifty treads below 35300 you can initiate a...
Bajaj Finance has shown following patterns: 13 Dec - Bearish engulfing pattern. 15 Dec - Three black crows . Back to back bearish candles with a gapdown open on 15 Dec. 16 Dec - Forming a small green candle, forming a Harami pattern. Price is also below support of 7050. What do you think? What will be the followup?
a bearish flag is seen and price is breaking down from the lower support line at 245 it may go to 200-190 if it comes above 261 then it will be very bullish It is very bearish but very proven pattern
What is Price Action Trading Strategy? Price action trading is about understanding the imbalance between buying and selling pressure so that you can identify trading opportunities and make a profit. Before we discuss about Entry, Exit and Stop Loss Signals, I would like to tell you some basics about the Market Structure, Support and Resistance and Candlestick...
Elliot wave rejection move to opposite trend When there was elliot wave impulse 12345 acception there was huge rejection of the elliot wave correction ABC which leads to downfall
this is just for education purpose. here i m forwarding the hourly time frame of happiest mind chart .
Hello Everyone, Here You can see on chart bank nifty today panic fall from top, but why??? last 2 days market in Bull run...then why panic fall today??? so, don't worry I am here for analysis why fall..... 1) First you see market fall continue previous days and made Triple Bottom on chart you can see, 2) Then market Next open Gap up and Continue move upside and...
Weekly Breakout in Sugar Sector lead by Ugar Sugar in last week
Sector wise stock Analysis. Learn the reasoning behind my stock selection...
Price forming symmetric triangle pattern on weekly time frame. Any breakout would provide long trade with good R:R.