Moving average is the most common indicator in technical analysis also be the most important indicator, as it serves as the foundation of countless others. 1) What is a moving average? Moving average (MA) is a simple technical analysis tool that smooths out price data by creating a constantly updated average price. The average is taken over a specific period of...
LICH has given a breakout of trendline and also 10-day exponential moving average crossing upward of 20-day exponential moving average if the stock trade above 424.70 and sustain then buy for the level of 463 (target)
This is a step by step procedure of one of my trading strategies.. I really hope it helps you out.. Peace
EMA full form is *Exponential moving average*. you can google this for detailed explaination and formula. I use 30 week EMA for my stoploss that means, the length chosen is last 30 week on weekly timeframe. if you are using daily timeframe you can use 150 Day EMA (as 5 working days for week * 3o weeks). NOTE- The length choosen is not an fix and not compulsory...
200 DMA is a great simple strategy which provides good RR trades such as this one. The idea here is simple. Markets tend to be range bound 80% of the time, which is called the contraction phase. The other 20% of the time the market is breaking out, called the expansion phase. To win the game, it is important to understand the probabilities and play the...
Strategy explained on the chart.
Strategy explained in detail on the chart.
Moving averages work quite well in strong trending conditions but poorly in choppy or ranging conditions. use this indicator along with Price action theory and not alone. Moving average crossovers are a popular strategy for both entries and exits. MAs can also highlight areas of potential support or resistance
NIFTY Look like immediate down to 8960 and pull back to 9450 .
ENTRY BELOW - 250.6 STOP LOSS - 263.35
STOCHASTIC GIVES BEARISH SIGNAL TODAY ON DAILY CHART ALSO STOCK IN DOWNTREND SELL BELOW - 328 STOP LOSS -344.35
If it breaks below 50 EMA on 30 mins chart and sustain then it can go up to approx. 162 with stop loss of 182 and further down to 155 & 145. if it respects the 50 EMA on 30 min chart then it go up to 182 with stop loss of 162 and above 182 it would create new highs. At each support or resistance watch for candle stick patterns like continuation pattern or...
Naukri is already trading at near recent life time high. Seems like it is in a range, there are was huge selling volume on 8th nov. It may retract to lower levels on previous supports or as per Fibonacci levels. Need to wait for the buying opportunity
There has been single side move on weekly timeframe since Apr 2019. Now expecting correct to happen at least till 38% (530) or 50% (494) Fibonacci levels, that would be good buying opportunity. But not sure it would come to that level or not. On weekly chart it is closed below 50 EMA
For learning purpose if you look at the weekly chart - there was consolidation and then it gave breakout on upside. It closed above the 50 EMA from the consolidation range and then rally continued further. It was good opportunity for buy There was rejection from 50 EMA on weekly chart (see very long wick), next or next to next green candle was also good...
FOR EDUCATIONAL PURPOSE ONLY - NOT A RECOMMENDATION TO BUY AND SELL. TARGET - 1520 STOPLOSS - 1273 RISK REWARD RATIO - 1:11 TIMELINE FOR TARGET - 1 MONTH. 3 NSE:SIEMENS