Superb bounce after flirting around 200 SMA.
ADANI ENTERPRISES - GOOD TO BUY NEAR 305-308 LEVELS GOOD TILL IT BREAKS 300
Price was moving on a trend line and it was expected to take support for the one last time before fall, but it went down straight away. If we consider the triangle pattern price should have taken support and move towards the top of the triangle and breaks up else it should come down and break down, but it breaks down excluding both the move. From the above...
if you see on daily TF, price moveing in descending triangle when price brek the pattern then put the trade and stoploss ..
As DOW said market had THREE Phaces :- ACUMLATION PHASE means where Astute Traders buy ,PUBLIC PARTICIPATION PHACE where TREND FOLLOWERS buy & DISTRIBUTION PHASE where normal peoples(BEGGINERS) Ifluence by POSITIVE News about Economy
Reliance daily chart Fibbo level .23% It may take an support here . Because the volumes are below average on monthly ! Lets see where it goes.
Important level 173 break then zeel sharp sell
Let's learn something about the Darvas box. This is the best example of Darvas box breakout, Hence I am sharing it with my Tradingview Family. Darvas Box is a consolidation of Stock in a Range or choppiness for a decent period. Once the Box breaks, It shows huge momentum along with volume. It is the best opportunity for Swing Investors like me. The Darvas Box...