Be Cautious Head and Shoulders pattern (trend reversal) at #BERGEPAINT (Berger Paints India Ltd) weekly chart. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end. ONLY FOR #educational NOT SEBI...
Here i am going to tell you how can we create our own index for any of sector Kindly follow and like, hope it will help you
Namaskar! My name is Michael, today I want to share with you price analysis method which was indentified and first described by high level trader from Russia D.B. Krasnov. This method is used to predict price target zone. If you spend enough time training to indentify Spinning point on chart, you will be able to find quite a lot of them and it will help you to...
Be Cautious Double Top Pattern (trend reversal ) at #PERSISTENT weekly chart. A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior...
Market can be either in trending phase or in a range-bound phase. No trend generally lasts forever in the market. After prolonged or medium or shorter duration up and downtrend, the market often reverses and a move starts in the opposite direction of the prior move. Often we find that well defined geometrical patterns are formed in the chart which provides good...
Be Cautious Head and Shoulders pattern (trend reversal) at #NEOGEN (Neogen Chemicals Ltd) weekly chart. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end. ONLY FOR #educational NOT SEBI...
How about combining Bollinger bands with RSI & RS signals.... We look for contracted volatility where BB bands helps us to analyse
Be Cautious Double #Rectangle #channel #breakdown (trend reversal ) at #AxisBank weekly chart. #Rectangle #channel This pattern is formed when there is a tough competition between the bulls and the bears, no body is ready to give up resulting in equal highs and equal lows. That is why this pattern is also known as consolidation zones. Breakout: It can occur in...
Be Cautious Head and Shoulders pattern (trend reversal) at Nifty Smallcap 100 Index weekly chart. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end. ONLY FOR #educational NOT SEBI REGISTERED....
Be Cautious Double Top Pattern (trend reversal ) at Nifty Midcap Index weekly chart. A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two...
Studying Old charts to understand about Breakouts Volume in Breakouts play an important role Also the RS lines helps to understand the stock performance over Nifty
Stage analysis 1 to 2 30 week ma breakout stage 2 1st base formation Rising 3 relative strength lines
Be Cautious #doubletop #Pattern (trend reversal ) at #HINDALCO weekly chart. A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior...
Be Cautious #doubletop #Pattern (trend reversal ) at at #SAREGAMA weekly chart. A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two...
Be Cautious Double Top Pattern (trend reversal ) at #KPRMILL weekly chart. A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior...
Hey everyone! 👋 You may have already seen plenty of cool TradingView heatmaps floating around social media. In case you haven’t, here is what a heatmap looks like: This short visual guide will help you in accessing and customizing our awesome heatmap feature. 1. When you open TradingView, you will see a toolbar at the top with various options, including...
Analysing signals of my trading setup Weekly Rsi crossover signal with all 3 RS lines positive and up On daily all three RS lines are in sync & up Looks like VCP pattern.
Pattern Name: Bullish Engulfing Pattern Type: Bullish Reversal No. of Candles: 02 How to Identify it? 1)There must be a preceding Downtrend. 2)A short Red candle followed by a long green candle. 3)The Green candle should open lower & closes higher than the Red candle. 4) The Green candle should completely engulf the Red candle. The psychology behind it : 1)The...