A massive global sell-off was seen in mid and small caps in nifty in the past few trading sessions. The nifty small-cap index had retraced to 0.618 Fibonacci levels from its recent swing high. We can see that the index had taken clear support at this level. I hope for a new swing from this level. Please give your valuable comments on this analysis. Thank you.
Just for educational purpose!!! All about symmetrical triangle, upward channels and trendlines!!!
This is just an expression of personal opinion. CRASH = Panic fall more than 20% within few days First support - 12255 Second Support -11917 Third Support - 11424 4th Support - 11299
📚 LEARN MORE 💰 EARN MORE Inverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance...
Always go back a little and check before investing, weather breakout is false or true. It is forming a triangle pattern so we might see a rally soon, but it all depends where stock goes from this point. If it starts trading in narrow zone and in the triangle formed then its possible we might see a true breakout soon.
CNX IT is following perfecr suport resistanc at important levels 3.618 extension can be a strong resistance ahead
Mahindra & Mahindra looks good on chart and also auto sector's results will be fantastic.
Expected an uptrend after a deep correction from 219. If it doesn't break its support of 170.4 can expect an upside with targets up to 196. This is my first analysis, comment if it's right?
either break or resist , this could be breakout or reject this trendline
here the idea about PNB spot chart for swing trading , this is only for learning purpose
Dear reader, this is a full-fledged trading system. If you follow all the mentioned steps correctly, you will definitely have a great winning ratio. You can back-test this system on any instrument, stock, commodity, forex, etc. This system should only be used to take “Long” trades using the 5 min time frame on a stock that has sufficient liquidity. Steps to...
- Stock to give a bull run - Stop loss should be tight around 135 range because once the stocks goes below 135 range it has a high probability to go till the demand zone 110. - If the stock touches the demand zone at 110 can re-enter there. - Can anticipate a 12% move till 155 range
1. Find stocks which trading in a range. Longer the range - the bigger the move. 2. Wait for price to show strength. Don't jump all in at the breakout. Gradually build positions. Take a small position at breakout and a bigger one at pullback continuation.
What is Double Bottom Pattern? The double bottom pattern looks like the letter "W". It indicates an trend and momentum reversal in a particular asset. It is best for analyzing the intermediate to longer-term view of a market. Double Bottom Pattern one of the most reliable reversal pattern after Head and Shoulders Pattern. How does Double Bottom Pattern...
Stock Selection For Swing Trade in 5min. Live examples which I have done myself also explained.
Double bottom in formation If it crosses previous high then double bottom pattern breakout will be seen.. A very good upside is seen whenever double bottom breakout is seen
WEDGE PATTERN FORMATION Whenever wedge pattern is formed by drying up in volumes and price range gets narrow...It could possibly give good breakout after completion of patterns
Price range is getting narrow..Moving nicely in between both upper and lower trend line with drying up of volumes ...BO could possibly take place within few session