INDICATORS USED: EMA 4 EMA 9 EMA 18 TIME FRAME FOR ENTRY/EXIT: 5 min WORKS VERY WELL ON BOTH NIFTY AND BANK NIFTY As you can see on the chart that when EMA 4 crosses EMA 9 and EMA 18 together then the crossover of EMA 4 is golden crossover. This is the bookish definition...Now let's look at the applications with complete trading setup This strategy...
The above weekly chart is of Infosys Ltd. Here the stock price moves beautifully just in between the parallel channel, making higher highs and higher lows. If one successfully manages to find the chart as above, he can simply buy at the lower channel trendline and sell at the upper channel trendline. Yes, everything looks wow and amazing after the chart...
Many people who follow me would have noticed I haven't posted for a while. Did I lose the game? No. I saw this coming and I stayed put. Don't believe me? I will add a link to a related idea. Markets are in a precarious position and every mistake will now be an expensive one. Here's how one can see through this period: This type of fall can be regarded as a...
Who Do We Fall? So We Can Learn To Pick Ourselves Up! - Thomas Wayne Hey, In this post I am not going to predict the direction of the market. Cause it is tough to be 100% perfect in whatever it may be. It's better to talk about probability of the direction in which nifty is headed. And is the Covid new strain the reason for the fall? Maybe, But I believe Nifty...
The best way to trade a range market or when price is at very low volatile area Trade when price break the range and trade on 20sma SL previous candle low Keep learning and earning
You can trail ur SL by candle closing EXIT when candle give closing below the previous candle Best way to get everything from market This strategy only work in very bullish or bearish market
The chart is self-explanatory. The main benefit of entering into a trade at the time of retesting the resistance area is that our stop loss becomes small at that point. And risk-reward ratio appears good there. Hope the interpretations will help some of you in your trading approach. As me-too learning from others. Wish you success.
Here I was just trying to decode the pattern of this indicator called Awesome Indicator. In the above chart, I have used Awesome Indicator to gauge the market’s direction in coming days, weeks. As of now, yes it shows negative sentiment going ahead. As we all know market is supreme, regardless our assumptions, calculations etc. Here, we can see two types of...
Welcome to candle stick studies.. This is a hammar . Very soon this hammer will vanish. This is not a recommendation.
Ascending channel Pattern: Prices moves in a range taking support and resistance of a channel, by and large in a uptrend manner. I have explained this technicality in the above video, so please comment your views and let me know. Happy Trading Everyone.
First thing to do is to identify the time frame that one is comfortable for trading or investing there money for,accordingly one should select time-frame for labeling waves.Here i have tried to label from cycle to minor degree.Analysis below is targeting Primary degree wave 5 upward movement that might unfold in near future. As mentioned in every book or article...
This is an index of top 10 stocks from Saurabh Mukherjea's Consistent compounders. Each having weightage of 10%. Base Price is kept at ₹1000 each stock having ₹100. Stocks are HDFC Bank Bajaj Finance Kotak Mahindra Bank Asian Paints Pidilite HDFC Life Nestle Divis Lab Titan Lalpathlabs The learning is that even if invest equally in these 10 companies then also it...
With this post, we'll try to understand the selling narrative of the institutions and how they trap the traders on both sides. Just remember this one thing, "the market is never moved by retailers, only institutions can do that". The only reason why the institutions sell is to buy at lower prices. Nothing more than that. This happens in the following way:...
Agarwal Industrial C is involved in the business activities of Manufacture of other petroleum (includes manufacture of petroleum jelly, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals). Company’s Total Operating Revenue is Rs....
Looking at the chart of Elecon Engineering watch closely as how price breaks its previous resistance and and then retest on the same level which becomes a strong support. A powerful strategy to add to traders arsenal with a good risk to reward ratio.
This is the third post on market structure. Do check out the previous 2 posts if you haven't already. Recap Market structure is simple and a basic form of understanding, how the markets move. The Price Action is how the market moves based just on price, without the consideration of trends and how they may continue. But the market structure is focused mainly on...
Bullish movement in Adani Transmission after the breakout of 1 hr TF patterns
The price is making higher high with support of 20 sma and finally at top the price made a double top like patter which is other indication of trend change 20 sma is very important ma for short trend but first see that the price validate that indicator or behaviour Keep learning and earning