The quality of our life depends upon the quality of the question we ask.
I think it's the same with trading also, successful traders ask better questions, and as a result, they get better answers. They get answers that help them to know exactly what to do in any situation to produce the results they desired.
Below are the 5 questions that will help you to stay...
NSE:BERGEPAINT
When market break on upside or break the resistance line of this pattern, market was totally on bullish nature and we have to catch that bull run.
Head and Shoulder is a reliable reversal chart pattern that forms after an advance or a decline and the completion of the formation suggests a reversal of the existing trend.
As this case with different chart patterns, H & S reversals can fail. However, the failure of this specific reversal chart pattern same reliable as compare to other chart patterns . When H...
In this video I talk about how we can find good buying opportunities when the markets are witnessing correction. I'm using 10,20,44 Exponential Moving Averages on my chart along with RSI(14) indicator. On the screener we are looking at stocks which have Market cap greater than 50 Billion & sorting the 3 month performance from high to low. The rationale behind this...
When looking at a Pennant continuation pattern, you will see the following:
A flagpole: A Pennant pattern always begins with a flagpole, which differentiates it from other types of patterns (such as the symmetrical triangle). The flagpole is the initial strong move preceding the symmetrical triangle.
Breakout levels: There will be two breakouts, one at the end of...
head & shoulder formes also DAY and WEEKLY candles also favour to this pattern try. may it's working 50% because today Friday weekly may influences the market so cation with the stop loss
This is the Stock of NSE. It forms an Inverted Head and shoulder. Depending upon your risk and target ratio you could've traded long. In 3 months, its value increased more than Rs.100.
The above chart pattern is known as Symmetrical trianlge or just Triangle pattern, where the stock makes lower highs and higher lows over a period of time. And, one can expect good movement in stock after either breakout or breakdown occurs.
Here, Ipca Lab have given breakout and also made new 52 week high today, after Oct 2020. Also, ascending and descending...
