Hello All, PSU banks have been underperformers, however I can see a turnaround in this sector. A very beautiful VCP pattern is in formation and with a breakout of the horizontal line we may see some good rally in PSU banking stocks. Now, what to do after knowing this? How to look for stocks in this sector which may give good returns? Simple solution: 1) Take...
NSE:IGL let's make this analysis a bit interactive. As per this technical analysis #igl share at support if we can find reversal at this levels then igl share might fly from here. Tell us in comment what you are getting from this view. ******whatever charts or levels sharing here are just for educational...
This analysis is done for educational purpose only. As we can see USD has given breakout on weekly charts. USD and nifty are very well connected to each other and rise in USD can lead to profit booking in Nifty. This is a temporary phase in the market, therefore, next couple of weeks we can see profit booking in Nifty. One can long USD and short Nifty to hedge.
How to blend the candles and benefits of combining the candlesticks.
I'm not Technical Analysist. It may be happens in future. If you know technical analysis you can guide me. Thank You..
STAGE 1 (ACCUMULATION): In this stage the stock consolidates in a narrow price range which usually lasts for months but in some cases years and then breaks on the higher side. STAGE 2 (ADVACVING): In this stage the stock price moves in a higher high and higher low structure. STAGE 3 (DISTRIBUTION): In this stage the stock price consolidates in a narrow range and...
I always follow the KIS (Keep It Simple) principle in my trading. I simply trade what my chart says. Bank Nifty has been trading in an upward rising channel. So, which side to choose (bullish/bearish) is self explanatory. But, let me just put it out for you. As you may see on the chart that the upper channel line is acting as a good resistance and the lower...
The above chart is of Alphageo (India) Ltd., on monthly chart. Stock has delivered over 390% returns from its low on March 2020, till October 2021. Key-points mentioned on chart. Hope the chart is useful and informative. Happy trading !!
Hind copper stock analysis. Again i find it better TA setup to take a trade. Earlier videos were Siemens India, Manorg and both were successful.
1=Stock with a bige bullies candel break out 2=Big volume and strength in all indicator 3=Festive season demand Stock can touch 900 in coming days
IF U LIKE THIS. soon iwill explaine stoploss and exit idea. thank you guys.
How we can trade inside bar/mother candle with the help of our support and resistance.
Take trade at your risk. Donot invest more than 5% of capital in any trade
One can see price bounce from Pivots & EMAs, that signals our entry point (Read image data & back test before applying in live market trade)
Retrace - If you retrace your steps or retrace your way, you return to the place you started from by going back along the same route.
How to trade gaps. How gaps works as a support or resistance..
Patterns in Candlestick Charts Candlestick charts are an excellent way of understanding the investor sentiment and the relationship between demand and supply, bears and bulls, greed and fear, etc. Traders must remember that while an individual candle provides sufficient information, patterns can be determined only by comparing one candle with its preceding and...
400 ema is a very powerful moving average in all time frames especially in 15 and 30 min chart to trade nifty50 and banknifty