This analysis is done for educational purpose only. As we can see USD has given breakout on weekly charts. USD and nifty are very well connected to each other and rise in USD can lead to profit booking in Nifty. This is a temporary phase in the market, therefore, next couple of weeks we can see profit booking in Nifty. One can long USD and short Nifty to hedge.
All the details are mentioned on chart. Price Action Learning. Timeframe Learning.
Support and resistance analysis for StockLadder tutorial. This was an assignment
PRINCEPIPE _BREAKOUT EXPECTING COMING WEEK. The current Pirce is 749.40. The latest Volume is also positive.
How to blend the candles and benefits of combining the candlesticks.
I'm not Technical Analysist. It may be happens in future. If you know technical analysis you can guide me. Thank You..
6th / 7th Oct2021 The index topped at 17882 this morning was a perfect behavior for the last leg downside in an irregular triangle updated in TradingView Author status / Last idea (add on comment). 6th Oct2021 – WaveTalks: Nifty-Irregular Triangle: ( Stops Above 17890 ) Irregular structures are those which is surpassed in the next leg as it happened for...
Looking Good For Up Side LTP-724.70 Range 730 to 700 Support 680-wcb Up Side Is Open Time Frm-Day To Yr..
STAGE 1 (ACCUMULATION): In this stage the stock consolidates in a narrow price range which usually lasts for months but in some cases years and then breaks on the higher side. STAGE 2 (ADVACVING): In this stage the stock price moves in a higher high and higher low structure. STAGE 3 (DISTRIBUTION): In this stage the stock price consolidates in a narrow range and...
I always follow the KIS (Keep It Simple) principle in my trading. I simply trade what my chart says. Bank Nifty has been trading in an upward rising channel. So, which side to choose (bullish/bearish) is self explanatory. But, let me just put it out for you. As you may see on the chart that the upper channel line is acting as a good resistance and the lower...
How to trade & find winning stocks for Day trading with my Golden Trading Strategy!!
The above chart is of Alphageo (India) Ltd., on monthly chart. Stock has delivered over 390% returns from its low on March 2020, till October 2021. Key-points mentioned on chart. Hope the chart is useful and informative. Happy trading !!
Hind copper stock analysis. Again i find it better TA setup to take a trade. Earlier videos were Siemens India, Manorg and both were successful.
1=Stock with a bige bullies candel break out 2=Big volume and strength in all indicator 3=Festive season demand Stock can touch 900 in coming days
IF U LIKE THIS. soon iwill explaine stoploss and exit idea. thank you guys.
RSI Divergence refers to the deviation of RSI with respect to price. Even though the price may be going in a set direction (say making lower lows), the RSI could go in a completely different direction (higher lows). RSI is a clearcut indicator of buyer strength or buyer accumulation at a specific given time and price. An RSI Divergence generally is strongly...
How we can trade inside bar/mother candle with the help of our support and resistance.
Take trade at your risk. Donot invest more than 5% of capital in any trade