it appears it may over come it today. when nifty is bullish if only bank nifty contributes then nifty may reach much higher levels. please wait when it breaks the trend line. don't forget to like my post. follow me to get updates
Sharing the chart to provide the insights of jubilant foodworks ltd. I am always trying to help retail traders. Things need to consider for trend analysis. 1. Market structure and trend analysis. 2. Entry point 3. Confirmation from indicators for additional support. Happy trading !!! NSE:JUBLFOOD
This short video will discuss my reasons for having bullish bias towards stock indices. False breakdown below 16180 Piercing Candlestick pattern close to 16180's - Two times Heavy weight -HDFC yet to finish final target @ 2900+ Let me know your comments. Thanks for watching the video. -------------------------------------- Last Idea on HDFC ...
Two important sma 44 and 200 Things you need to keep in mind:- 1.select stocks where the 44 and 200 ma is rising 2.note the crossover (golden crossover) 3.when it takes the nearest support from the 44 ma after the crossover buy abv that. SEE IN THEE CHARTS WE CAN EASILY BUY AT 44 MA SUPPORT AFTER THE CROSSOVER AFTER THAT SEE THE UPTREND OF THE STOCK
Hello Traders! Here we gonna learn how one can trade Nifty/Banknifty using pure price action and get better results Assuming that one knows what is Support and Resistance & know about candlesticks So traders, all you need is to draw the support/resistance levels on your chart, here I've draw S/R levels in Banknifty and timeframe I'm using is 15 mins for...
Blood Bath in Stocks- What to do. I discussed what i have done and in the end a small strategy to control your risk and increase profit when there is sudden fall.
A massive sell-off was seen in almost all scripts of mid and small caps in nifty in the past few trading sessions. The Nifty mid-cap index had retraced to 0.618 Fibonacci levels from its recent swing high, similar to the small-cap index. We can see that the index had taken clear support at this level. I hope for a new swing from this level. Please give your...
A massive global sell-off was seen in mid and small caps in nifty in the past few trading sessions. The nifty small-cap index had retraced to 0.618 Fibonacci levels from its recent swing high. We can see that the index had taken clear support at this level. I hope for a new swing from this level. Please give your valuable comments on this analysis. Thank you.
Just for educational purpose!!! All about symmetrical triangle, upward channels and trendlines!!!
This is just an expression of personal opinion. CRASH = Panic fall more than 20% within few days First support - 12255 Second Support -11917 Third Support - 11424 4th Support - 11299
📚 LEARN MORE 💰 EARN MORE Inverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance...
Always go back a little and check before investing, weather breakout is false or true. It is forming a triangle pattern so we might see a rally soon, but it all depends where stock goes from this point. If it starts trading in narrow zone and in the triangle formed then its possible we might see a true breakout soon.
This chart represents NIFTY/CNXSMALLCAP every time the ratio hits this trendline smallcap are likely to fall until the ratio break the trendline downside!
-Always wait for the current candle to close beyond the trendline to confirm the break. -Always wait for the current candle to close beyond the Previous Higher Low to confirm the Trade
CNX IT is following perfecr suport resistanc at important levels 3.618 extension can be a strong resistance ahead
Why you should not buy and sell based on RSI overbought and oversold concept. How RSI works.
Mahindra & Mahindra looks good on chart and also auto sector's results will be fantastic.