Wyckoff Market Cycle Theory. How good patterns can have maximum probability of going right..
INDY/EEM relative strength chart is reaching its all time high since the introduction of INDY ETF in Nov' 2009. Background info: INDY is the Nifty 50 ETF trading on NASDAQ which mimics the Nifty 50 index. EEM is the MSCI Emerging Markets ETF which invests funds in emerging markets such as China, India, Hong Kong, South Korea, South-east Asia etc. INDY has been...
wait for break out of upper trend line... also after getting a confirmation bullish candle with small rejection the go for long..
The distribution phase is when large funds and institutional investors sell their shares at a high price in order to maximize their profit. Because institutional investors and large funds hold large positions (> 1 million shares), they cannot close their positions with a single sell order because doing so will draw attention to the stock, causing other market...
a Rounding bottom pattern is creating. first target 130 then 160 stop-loss below 84 duration 3 months to 6 months
The Symmetrical Triangle is usually a continuation pattern. It represents a pause in the existing uptrend after which the original uptrend gets resumes. A breakout from the upper trend line marks the continuation of an uptrend while a breakdown from the lower trend line marks the start of a new bearish trend . This pattern is also known as a wedge chart pattern. ...
Rounding bottom pattern has been formed and price broked the 260 odd levels decisively, if sustained can head towards 500 mark.
Hey there, I have tried to change chart background to Indian Tricolor, in order to celebrate the eve of Independence day.
Hi Friends, Greetings from Thenali Views!! Today we have analyzed the BankNiftyFUT- The index has formed in Symmetrical Triangle Pattern .. Where Lower Highs and Higher Lows are forming. EMA - 24, 79 and 162 was in Long Bias. The pattern was in the extensive Buildup stage. Hence, there may be chance of breakout in the symmetrical triangle in the Long...
Monrjng star formed last day. near resiostance The Fib is followed beautifully. When it comes to support level buy the shares
What is RSI negative divergence? Negative divergence happens when the price of a security is in an uptrend and a major indicator such as relative strength index (RSI) heads downward. Price has fallen almost 25% from all time high levels, it has given breakout from the falling trend if sustained can make a new all time high but first price has to clear ₹ 206 levels.
NSE:SUNPHARMA I had provided a trade setup of SUN PHARMA for 12-08-2021. But trade was never get activated as it didn't came to level as per our trade setup. I have provide the link of that trade setup in the link at the end of this. So if you keep just the levels from that trade setup even on 13-08-2021 then How you could have made trade in SunPharma on...
Look for Low risk, High reward, and High Probability setups. – Richard Weissman Scenario Many traders get destroyed by fighting the trend, insisting that the market is due to reverse itself or they try to chase the market. They may try to catch short-term countermoves in hopes of making a few quick points, or they may always look to catch tops and bottoms in...
We can see the script getting rejected at the level of major resistance on multiple occasions. The recent long green candle at this resistance level was considered a good breakout by most traders. Points in favor of a pullback, The breakout candle was followed by a bear candle of decent size. The follow-through from the breakout candle is not good, indicating...
How to ride Stocks for 100% without FOMO. I have been trying many things and sometime I get success and sharing same with you all.
when the price breaks the resistance then go for long...
The analysis i posted 2 days ago have been correct! The target was received few hours ago. Follow for more! ALL THE BEST!
Broke every levels from where it should reverse. I kind of think it should come to 155/145 levels with an strict sl of 171. Risky trade!!