JSW STEEL showing clear negative divergence on daily charts in short term and medium term
Education Idea Axis bank Wave 2 = Regular Flat Wave4 = Ascending Triangle (triangle often occur in penultimate waves) Rule of alternation - corrective waves are of alternate type Wave 5 - Ending Diagonal (type = 33333) Trading idea/Analysis to follow on Shorter TF
Use stochastic indicator when the stock is in range, inside a channel (paralle,ascending,descending). To be used for swing trading is the safest way to utilize stochastic. Thanking Subhag Ghosh for motivating to make such a post.
FLAG = Impulse + Correction 📚 LEARN MORE 💰 EARN MORE With ForecastCity After a significant drop in Bitcoin price , the price is in a correction wave. What makes the chart interesting today is that: . Bitcoin is likely to challenge the 18042 ~ 18227 resistance area. . A break above 18227 could push the pair to the 19487 area . . A resistance rejection ,...
Price reached the resistance levels and there can be a profit bookings at the beginning of the next week then further up movement cannot be ruled out !!! If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your Support is very much 🙏 appreciated!
Explained in the chart.
SBILIFE - GAP HAS BEEN FILLED VOLUME HAS BEEN EXPANDED RALLY CAN RESUME BACK NOW IF HOLDS THE SUPPORT
ADANI ENT - SHOWING SIGNS OF EXHAUSTION OF PAUSE OF TREND ?
GODREJ CP IN A RISING CHANNEL ON THE LOWER LEVEL SUPPORT GOOD LEVEL TO BUY WITH 1:3 RISK TO REWARD
SUN PHARMA - KEEP AN EYE
ITC after falling has done a good recovery making a rounding bottom pattern and once again has came to its in decision making zone. If it sustains above 210 a good upside move can be expected.