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...
It continues to take support on any dip near its Kijun (Ichimoku Analysis) support regularly making higher highs and higher lows. This time too its attempting a resumption of trend which might take it to 1475 / 1525 if it manages to hold above 1375 on hourly basis. Ichimoku is a Japanese study based on Moving Averages wherein the alignment of certain specific ones...
Airtel 15 min chart forming Elliott wave?