Small Change in Buy/Sell habits for Big profit. Small change in buying habit on support and sell habit on resistance can help you in improving your trading and increase profits.
A clear Head & shoulder pattern. For educational purpose.
Nifty at its curial support of 16630, any fall would take the index to 16580-550. Also, Nifty has made double top and accordingly, likely to test 16380-50 levels soon so that double top pattern can be completed!! Further, if cues are negative from Jackson Hole Event i.e., liquidity cut, we may see a good correction all over the world market. However, as the COVID...
today we'll discuss about market structure and accumulation range bound market the price started a bearish trend by making lower highs then the price sustained to go any lower the market then came in range bound structure and with breakout we saw huge volumes now for the future analysis- === the strength of impulse waves is declining so we might see some...
Market respect that trend line, which was previously Resistance Line and break, after few days It became Support Line.
BNF may touch 37000, bullish divergence and High AVWAP support
Bullish divergence, AVWAP support...will move up shortly
The quality of our life depends upon the quality of the question we ask. I think it's the same with trading also, successful traders ask better questions, and as a result, they get better answers. They get answers that help them to know exactly what to do in any situation to produce the results they desired. Below are the 5 questions that will help you to stay...
wave count Cycle-1 Primary-5 Intermediate-4 Minor-C Minute-5 Target zone for Minor-c is shown by taking 38.2% & 50% retracement of wave-3 intermediate. If price falls in the target zone and gives reversal candle in the form of Doji,Hammer,Bullish piercing or Bullish Engulfing followed by a close above high of reversal candle then we can assume intermediate wave...
cycle: wave 1 Primary : wave 4 Intermediate : wave C Minor : wave 5 Target zone for Minor 5 @49.55 : 100% extention of intermediate A from B top @47.05 : 61.8% retracement of primary wave 3 @44.35 : 123.6% extention of intermediate A from B top If price goes below 44.50 then it would invalidate this count,as wave 4 cannot enter wave 1 zone. Confirmation...
NSE:BERGEPAINT When market break on upside or break the resistance line of this pattern, market was totally on bullish nature and we have to catch that bull run.
Head and Shoulder is a reliable reversal chart pattern that forms after an advance or a decline and the completion of the formation suggests a reversal of the existing trend. As this case with different chart patterns, H & S reversals can fail. However, the failure of this specific reversal chart pattern same reliable as compare to other chart patterns . When H...
This is the monthly chart. Recently Biocon broke the support levels of 360-365 and this resulted in a major 10% fall upto 330 levels. For long term investors, the question that arises here is - Where is the next buying zone? From which price levels the stock will show a bounce back? Here we will learn the use of EMA or Exponential Moving Average. Every stock...
Risk on Capital deployed vs Total Capital. A major difference in your returns.
BSE:LINDEINDIA LINDE Round bottom Breakout
Queries are in the chart. When you enter/take any trade, you should know your stop loss, targets and duration to carry on with the trade. The direction of the price wont affect your capital if you have a proper plan about the trade. It will save your capital and will make you profitable in long run. No one knows how long a trend will have strength, how many...
Once it crosses the resistance zone and closing above 101- 104 on daily basis following are the targets which can be achieved. Target 1 - 114 Target 2- 125 If share breaks support zone below 95 then it may come down. SL-84 Its only for educational purpose. Take your own decision for your trade.
NSE:EMAMILTD Trend lines can be drawn in between the trading channels, that's means a trend line inside the trend lines (channel). Market already break this inside resistance line, so we can easily take a long position using "Buy Stop" or "GTT" order. Because the stock or chart it self break the resistance line, so you can say this is a upside breakout inside...