PitchFORK + PitchFAn is very acuurate When it comes to find the point of reversal. In this chart one can easily find the point of reversal just by looking at important levels of pitchfork. If pitch fork is drawn accurately it will definitely help you in your intraday/positional trading. Draw pitchfor at daily time frame and then use it in your trading either...
chances nifty will trade in between range of 15680 to 15775levels. In case breakout of this range will give strong points move in breakout direction.Weakness possible if nifty trading below 15680 level. Upside rally possible if nifty trading above 15775 level.
Scalping Scalping is a very rapid trading style. Scalpers often make trades within just a few seconds of each other, and often in opposite directions (i.e., they are long one minute, but short the next). Scalping is best suited to active traders that can make immediate decisions and act on those decisions without hesitation. Impatient people often make the best...
See the below linked idea so that you can understand how beautifully these levels play a huge role in the market
Some imp levels and zones, price action around these zone can buy buy or sell opportunity
NOTE THESE LEVELS AND MAKE USE OF IT TO SECURE YOUR MONEY OR INCREASE YOUR MONEY.
FIND THESE LEVELS TO SECURE YOUR MONEY OR MAKE MORE MONEY.
This would be my outlook for Bank-nifty for the week
this stock is ranging since it is listed. currently, it's at a level. if it breaksout then can take a swing long position. if not and showes 2 red candles on weekly charts then go short . in both cases, i would take a swing trade.
After continuous 3 downside impulsive waves now the RELIANCE chart has made a Wolfe's Wave with a beautiful breakdown of bottom line. Furthermore, according to Price Action, RELIANCE has form a good reversal pattern by making a HIGHER LOW and gave a good closing near previous SWING HIGH. And if the STOCK now moves above its previous HIGH then it will enter...