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
EFIUSDT is forming cup and handle in 4hr time frame. Let’s see how it is going to play out. INFORMATION ABOUT CUP AND HANDLE: 1. A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. 2. A cup and handle is considered a bullish signal extending an uptrend,...
If the price test and level many times it is more probability that it will break You can also see for build up or tight consolidation range before any BREAKOUT Price move from low volatile to high Whenever price break with strong candle it is more probality that price will retest the key level Keep learning and earning
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 the trend. The market structure is formed using swing highs and swing lows. You may have already heard...
RULES TO KEEP IN MIND:- A visible uptrend must take place before the diamond top formation. The diamond top formation must be well stated with four trend lines that links to each other. They should not be far apart from one another. Place a sell order at the market after a break and close beneath the uptrend close to the finishing of the pattern. Traders often...
A good opportunity to test and learn Trend to make a profitable Trend plan watch NMDC Break out and re-test
Scale In: means buy more shares as the stock progresses in your direction. Its better to buy 50% position initially and then buy 33% and 17% as the trade favors us. One may also buy in three equal parts of 33% each. Scale Out: means exiting from a profitable position in pieces. Its better to sell 17%, 33% and then 50% to take the full profit potential of a trade....
If Tata motors comes down further it is likely to fill the gap. Be cautious about the level 463. Important to get support at this level to sustain the price level.