Sector wise stock Analysis. Learn the reasoning behind my stock selection...
Price forming symmetric triangle pattern on weekly time frame. Any breakout would provide long trade with good R:R.
BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT This is in continuation of previous posting "Bitcoin at crucial support point". Breakout of RSI trendline is initial indicator of Bitcoin moving back in positive territory is seen at A on chart. It now require confirmation by crossing 38.2% Fibonacci level and the price trendline as marked as B & C...
Hi, today we are going to see one of the most important concepts for day trading. I have taken all the content from the book “Secrets of a Pivot Boss” and added illustrations and charts, so that you don’t have to read the book. I am merely a presenter of the original content written by Franklin Ochoa. But the charts and illustrations are all done by me (If you...
1. Price is in down trend forming LH-LL from Aug 2017 to Sep 2020. 2. From there, a reversal in trend can be seen forming HH-HL. 3. Good swing trade opportunity. Entry : 125 SL:115 (WCB) Target: 140
Jackpot possible in IDFC First Breaking out Triangle pattern possible it can touch 80-85 range this time only for study purpose.
Nifty, Banknifty and Sectors Analysis. All sectors and their chart are analyz one by one.
Dabur India has formed a hammer pattern with a long wick on the weekly chart as on Thursday. If the same pattern is maintained on Friday 10/12/2021 then there could be a bullish trend reversal expected which needs to break the previous resistance of Rs.600 and Rs.613 for long-term upper trend.
Bajfinance near trend line.... : today's high is almost near the trend line.... : hope it breaks tomorrow gap up and sustain above the trend line....
Apollo tyres is forming scalene triangle pattern which is having strong support at Rs.203 and strong resistance at Rs.224. Though the stock was able to break out Rs.224 Resistance level in last two occasions, the break out could not sustain and fall back to its earlier support level. Major price movement is not expected till it will have strong break out at...
Chart is self explanatory. Retest done and attempting to cross the resistance. With strength in the green candle and increased volume for the day, it is likely to move up to the level of Rs. 260/- very soon. A simple chart prepared for self learning. Please feel free to suggest.
Follow my this strategy and don't judge any strategy too soon alway look at big picture Trailing SL with 20 sma Bactest this strategy once you are confident you can go for it
What Is a Pennant? In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement - in the same direction as the initial large movement, which represents the second half of the...
Query : Most of the time I take late entry & exit, how to over come it? Answer : Everything starts with simply watching the market. Market is based on probabilities, still you need a plan for your trades You should know where the support/resistance is. When watching market with out an analysis, when you see a good trading opportunity, you wont get confidence about...
Idea Price just convincingly broke the 52 week price level on Falling Wegde Chart.
A head formed on 18 oct 2021 with two shoulders. Left formed on 27 sept '21 making a high at 195.50, similarly right formed on 09 Nov '21 at 221.60. the neckline, however, is not so clear but somehow formed at 206.60 and tries to recovers at 207.10 with vol buying of 797.047 but utimately falls on 206.05 on 25th of nov. The record selling and short selling of...
Levels to watch ..........................................................................................