All observations on chart. MULTIPLE CONFIRMATIONS & EXPLANATIONS OF DRAWINGS As you can see gold bounced tom 38.2% fibonacci level a good level to buy the dip. 19% correction from the top till pre covid levels Falling channel pattern visible on charts, usually gives good move on the upside. Double bottom pattern breakout given today. Price comfortable above...
Trend lines / parallel channel on daily time frame helps to identify where safe long/short positions can be created. Stop Loss is low but reward is high.
We Shorted Cipla Intraday From Top. See The Chart For Details. Reason Was Our Harmonic PRZ- The Sixth Sense ..
m trying to become over smart ....... this is possible only it follows my path lol.... dont go with this ...
A simple descending triangle and flag & pole chart pattern breakout tutorial. Very powerful indeed!
RBL Bank structure looks weak at the moment, if it violates level 165 on closing basis can se more downside, at crucial zone. In daily TF negative crossover of 50EMA and 200EMA Beware those holding the script
today's lesson is more about the MACD indicator, which we consider as a confirmation indicator. MACD is used in combination with RSI and candlestick pattern. it is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows behaviour of the market.
For study purpose only. My view on BankNifty is negative for next week.
Understand bank nifty intraday support, resistance levels for trade. NSE:BANKNIFTY
MONTHLY CHARTS AND DAILY CHARTS OF GUJ ALKALI IS LOOKING GOOD AFTER BREAK OUT, HOWEVER WEEKLY CHART IS CREATING CONFUSION. CAN WAIT FOR A BREAK OUT CONFIRMATION IN THE WEEKLY CHART - THEN ONE CAN BY THE STOCK.
DIXTON TECHNOLOGIES BUY ABOVE 3800 TARGET 4320 STOPLOSS 3385 HOLDING PERIOD 2 TO 3 WEEK