Psychology and Behind the scenes stuff: 1. At the BO, there was a massive bullish candle with a very high volume. This took out the previous resistance level. 2. The retailers saw this opportunity because the price closed above the previous resistance. Hence, they entered Longs. 3. The BO was followed by a Doji and then a Bearish candle. This indicated no...
NAVIN FLUORINE - A beautiful triangle pattern breakout. A symmetrical triangle had formed between the support and resistance trendlines. A minimum of 2 peaks and 2 troughs are needed for a triangle formation. A bullish breakout occurs when the resistance line is broken upwards by a green candle closing above the line. This is also confirmed by good volumes of...
Bullish Flag Chart Pattern: Tata Chemicals Description: The flag represents a brief pause in a dynamic market move & one of the requirements for a flag pattern is that it should proceed by a sharp and almost straight-line move. It represents situations where a step advance or decline has gotten ahead of itself, and where the market pauses briefly to "catch...
5 Things every trader must consider before taking trade
Hi everyone, I have tried to provide a holistic view of all the market cycles of Nifty from 2001-2021. This post may or may not make sense, hence just read without any predefined notion. This post took me a few days to get rolling, so please show some appreciation. We will be talking about the following parameters: 1. Corrections after each cycle 2. Price...
Accumulation..strong volume.
Rounding bottom pattern. Strong Volume.
Underlying logic: 1. The market already gave 11% in the impulsive move and created a high. Obviously, the momentum was fading out. 2. If you recall my lecture on market structure, you already know that after the creation of a high, we must come down to create a new higher low. The market cannot keep making new highs without creating a higher low. 3. There was...
Concept of Moving Averages
A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle. Bearish Engulfing Potential Sell Signal: Three ways for selling using the Bearish Engulfing Pattern from most...
I gave you guys these Levels Yesterday To Trade. The First 5 Min CAndle Took a Heavy Support From the Major Support Zone and Made a Very Strong Bullish Candle and I Entered Straight Away In the Trade and Booked Over 180 Points in BankNifty FUT In Just 10-15MIn.Thats The Power of Demand and Supply Zones. Follow Me To Capture these Kind of MOves I Share them EveryDAy.
A lot of retailers may have gotten caught in this fake breakout in TCS. I provided that rough path (which I anticipated it would follow) in my original idea because I believed the conditions were not right for a breakout at the moment. The majority of the time, we cannot avoid getting trapped in fake breakouts. But in the recent case of TCS, the fakeout could have...
Selling from upper channel every time .
Learning How to earn big profit on investment, And 20 Minutes are there, I am not here to entertain you and hence I make short videos. It is not like that, So, It is matter of profit and earnings so, If you feel bore to earn profit then It is your call, I have no problem, I gave here one Share with proper levels, You will learn something quality in my research,...
Averaging & Pyramiding Part-2
as there is mention in flag & pole pattern target can be consider from pole length and according to elliote wave theory pattern repeat itself here we took just small time frame for it if market doesn't fall freely and company doesn't give any bad result then our pattern can show result what we have calculated
Tried finding chart pattern. Two previous consolidation zones and then a cup & handle pattern. Just trying to learn patterns. Just for education.
The Third Video on Education series - Engage - The Trade Setup The Reversal Pattern that I have discuss is the Outside reversal setup, which is a pattern that can spotlight some of the best reversal opportunities in the market. studied from Book Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market www.amazon.in Happy learning. (...