Tomorrow Banknifty chart analysis. No indicator, only trend line analysis. Share your comments.
Hello Traders, I am back with the new educational concept. You may have often heard the word "RSI" We are going to study about RSI : "Relative Strength Index", which is the most used indicator. RSI is the price following indicator and it provides important levels from 0 to 100. The important levels of RSI are 40-60, 70-30 and...
It continues to follow the Higher High Higher Low path since March lows. Keeping the same in mind it could rally till 1325 as long as its above 1260
Expecting the stock to go up in the near term as it is trading at the demand zone.
Levels are on the chart. Expecting the stock to continue the down trend.
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...
No view. It is just part of a discussion. So just archiving a good chart and sharing if it is useful for someone else.
The previous swing high is 11800. There are two unfilled fresh gaps shown in the chart and we know that markets don't like gaps, thus eventually fill it. Is this the top of the market for the current period?? Will nifty successfully break the 11800 levels???
ASHOK LEYLAND IN TIGHT RANGE BUT STAYING ABOVE 50 MA...EXPECTING HIGH PRICES IN COMING DAYS IF SUSTAINS THIS AREA