Patterns have been in use for as long as technical analysis have existed and are working today also, traders all over the world try to find patterns in chart to anticipate the possibility of the next move for any Index or stock. Pattern have a reason for working this greatly because all the patterns have an underlying psychology behind it and all these are driven...
Unit_of_Technical_Analysis: Chapter 3: Bull Cycle: how to identify prior phase, The Bull Cycle, How to trade the Bull cycle. Tools used: 1. Fibonacci 2. Relative Strength Index (RSI) (36) 3. Moving Average Convergence Divergence (MACD) (18, 36, 9) 4. Moving Average (MA) (36) Time Frame: Daily Method: 1. Bullish Divergence & Falling Wedge (or...
Accumulation Zone - 75- Trading at very strong support zone - May be bounce from here if market support from here and may be reach @1st target is 85 and 2nd 92 and may be long term target is 100 Note- This is my personal opinion dont take any position without your own research or consult with your financial advisor before doing investment
dabur breaks 200sma after very long time but a very good fundamental company and a portfolio stocks. May be reverse from here if market sustain. but will be good buy above 200sma as shown in chart. Wait till and buy above 200sma Note- Please consult your financial advisor before doing investment. this is my personal learning not a any investment advise.
Preceding Trend: Up Time Frame: Daily Chart Pattern: Falling Wedge Breakout Bullish Reversal Observation: Breakout of down trend line Closing outside falling wedge Breakout on decent volumes 15% potential upside from breakout Pattern fails, if price closes below Falling wedge low
Preceding Trend: Down Time Frame: Daily Chart Pattern: Breakout of Downward Channel Bullish Reversal Observation: Total 5 touch points 3 touch points on highs 2 touch points on lows Partial Decline making Higher Low confirms beginning of fresh uptrend Breakout on decent volumes 25% potential upside from breakout Pattern fails, if price closes below the higher...
In this video, I explain how myself and KR exited partially in Infosys as well as TCS earlier this week. I hope this video helps. Best wishes, Umesh 5-1-22
HOW GOOD ARE STAGGERED INVESTMENTS? BACKGROUND We all know the catchy word “SIP” which stands for Systematic Investment Plan. This may well be the most frequently used word in the Mutual Fund business and for savings as well as investments in general. And there is nothing wrong about it as a large retail investor base would not be able to invest in various...
Let's talk about each waves of Triple Zigzag: Wave W (5-3-5) impulsive: ((a)) = ((b)) at 17709 which is close actual low 17613. Its a sharp zigzag. Wave 1X corrective: Wave ((b)) 3-3-5, Running Correction which is little complex. Wave Y (5-3-5) sharp: ((a)) = 0.786 ((b)) at 16824 which, is very near actual low as 16782 Our first question is, What is the...
Bajaj-Auto Analysis and Buying reason. How not buying near support can save money and time.
Trading Psychology behind Conviction. Trading Psychology behind Conviction
NOTE: SHORT SELLER MIGHT HAVE MUCH RISK BECAUSE OF GAP UP WAS OPENED ON 16 DEC. 2021 INFY 4hrs continuation chart with 5 waves up and side wave trend. Possible also upside move instead of WYZ flat pattern but if we just look at WYZ flat pattern scenario 1725 and 1692. Look for equality, I come to exactly 1660 where wave Y equals W. One of the waves within...
PLEDGING OF SHARES/SECURITIES FOR TRADING/INVESTING BACKGROUND A “pledge” means something given as a security against an obligation extended by the recipient of the pledged security to the person who owns the security. For example, A pledges 100 shares of Company X valued at INR100,000 to secure a loan of INR75,000. In the above case, there may be an interest...
The high tight flag chart pattern is an extremely bullish formation. It is formed once a stock rises sharply by 50-100% within a few weeks or 1-3 months. After that stock pullback is small i.e. 25-30% In the next step the price tightens up i.e. small candles or less volatility in the price Finally, the stock breaks out with heavy volume The stop can be...
Good day guys this is to explain how real life market structure work and how the market maker manipulate your thoughts First thing when you are analysing on the market make sure you identify the key zones first. What's the key zone. A key zone in an uptrend is the lows( higher low) that makes the market to form another high which is higher than previous high....
Good day guys this is to explain how real life market structure work and how the market maker manipulate your thoughts First thing when you are analysing on the market make sure you identify the key zones first. What's the key zone. A key zone in an uptrend is the lows( higher low) that makes the market to form another high which is higher than previous high....
The human Behaviour in Relation to money is always dominated by fear, greed and hope. Candlestick analysis will help us to understand these changing psychological factors by showing us how buyers and sellers interact with each others. 1) It is considered as a visual representation of what is going on in the market. 2) By looking at candlesticks, we can get...
PLot StableF-Main By E-nifty and StableF-ADx BY Enifty and Recommended timeframe for intrady is 3min or 5 min Other than trading view You can use stableF-main as supertrend and stablef-adx as adx and dmi with below settings stableF-main==>Use defalt settings i.e atr=23 and factor=2.7 or use atr 35 and factor 2.5 (for other than trading view...