🛑in Yesterday market analysis i told that there's indecision between buyers and sellers at high level , and today also market is rejected from 38800 - 38900 levels and if you see the BANKNIFTY in Day frame chart we can clearly observe that it forming bearish candles at higher levels -in today market we can observe that there's is indecision between sellers and...
- i was keep telling that market is opening in huge gap up it is not a encouraging move for market , now filling those gaps - another thing to remember while investing in stocks , Smart money is moving away from market - Day Volatility is increased by Nearly 5% , if anyone taken trade without knowing crucial S&R they will hitted by SL -Currently NIFTY is...
NIFTYPHARMA index is forming the rising wedge formation on the daily chart. Rising wedge is a reversal pattern and is usually followed by a bearish price movement in the short term. This, along with the fact that a lot of pharma stocks are exhibiting similar bullish reversal patterns is a warning sign for pharma bulls. Best to refrain from entering fresh long...
Looks to be a triangle breakout in day chart for IGL with good risk to reward ratio IGL BUY at 525-510 target 593 SL 498
How to make your own Trading System. You can make your own trading system with Discipline and Edge.
The markets were/are in a state of frenzy. Any strategy with a long bias would have had a positive expectancy, even the ones that don't have an edge. It is vital for traders to build good habits because bull runs don't continue forever. Right now, you can buy the highs and still get away with it because the market is flush with liquidity and inexperienced, new...
One thing that is a problem for novice traders is the lack of repeatable trading setups. Manually scanning through charts every day is counterproductive. One might take a trade just for the sake of it if they do not find anything worth trading. This pattern can be scanned very easily on charting platforms. Lack of patience is very real during early days as a...
Bulls Yelling The Excitement- The Gap Strategy!!! When they come together, they are trying to tell you something. --------------------------------------------------------------------- 17950 – Critical Level: The Important Clue --------------------------------------------------------------------- From the last 2 ideas published at TradingView - Crossing above...
Multiple confirmation for breakout (GBPJPY) : We want to share a perfect example of breakouts. There are multiple confirmation of break out on a daily basis for GBPJPY : • Flag pattern breakout • Double bottom breakout • Head and shoulder breakout • EMA 13 cross over of 50 EMA and recent support of 200 EMA twice Disclaimer : This analysis is only for...
Few learnings I want to share taking Adaniports daily chart as example: EMA’s 13,50 and 200 are plotted in the chart. An ideal price should always be near to all EMA’s but due to demand and supply and various other factors, price revolves around the EMA’s. High demand or High supply will make these EMA’s move away from each other. But the fact is after some time...
This explains what I post on the charts and how its calculated....please see the full video to understand the risk reward ratio of my charts
Canara Bank has a strong PE ratio advantage followed by increasing stake of Institutional Investors in Sept Quarter It recently broke out of its Traingle Pattern and has shown some upside. I recommend buy on dips and hold for gains in mid to long term. The P/B Ratio is below 1 and there is less risk involved comparitively as PE ratio is also half of that of...
RPSG Ventures is an Indian Co in the IT sector It has witnessed unusually high trading volumes in the recent months in spurts which have been synonymous with 25% upside In the short term, we can see that the size of red candles almost decreased to a Doji and the share gave signals for a pullback from .628 level with a strong green candle. The volume during the...
Consolidation for long time, better it is. You just need to wait for breakout.
Common three psychological questions explained in this video. Hope this will help you in your trading.
As it has formed a triangle pattern, Will it breakout now?
After KISS PRINCIPLE( Keep it simple and Straight) i am introducing ART ( Art of Riding Trends) PRINCIPLE based on riding with Trend From last 45 days Banknifty is trading in and demand/supply and upper wedges 1st sell entry is from TOP of wedge to Demand zone acted as Exit point (and our 1st Buy Entry point) 2nd sell entry is from TOP of wedge/supply zone...
Hi All, Pranam, In this video, i was explaining, how we can enter the trade before the breakout and have risk to reward favorable to us. If you like our video, kindly like us. Disclaimer: Kindly do your own analysis before executing the trade.