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.
Hi, today we are going to see one of the most important concepts for day trading. I have taken all the content from the book “Secrets of a Pivot Boss” and added illustrations and charts, so that you don’t have to read the book. I am merely a presenter of the original content written by Franklin Ochoa. But the charts and illustrations are all done by me (If you...
Jackpot possible in IDFC First Breaking out Triangle pattern possible it can touch 80-85 range this time only for study purpose.
Nifty, Banknifty and Sectors Analysis. All sectors and their chart are analyz one by one.
Follow my this strategy and don't judge any strategy too soon alway look at big picture Trailing SL with 20 sma Bactest this strategy once you are confident you can go for it