Price reflection through Waves
We all know that price does not moves in a straight line, it moves in waves. A graphical representation of price with respect to time always gives us a wavy structure. If you notice carefully, on any chart, these waves reflect different characteristics. Some will be longer and quicker than the others while some will be smaller and...
Educational Post
Bullish Harami
Bullish Harami is candle stick pattern which shows counter attack by bull on bear entering the support zone.
Significance of candle stick pattern is at support level of charts.
Bullish(Green) candle should gap up from close of bearish(Red) candle and close should be above the median of bearish(red) candle with volume.
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Preface
Alright, the operation started after creating an extreme low at 120.20. Price has created an upward channel from the extreme low, where the equilibrium has occurred between bull and bear traders. Control line has given eleven touches, which shows the strong gravitation at the middle.
Here, we can see four reversals on the upper band, and three reversal...
This charts shows the possible areas where one can look for trading opportunities (through Price Action Strategy) and be profitable from it. Swing Trading is better for beginners in Stock Market and Price Action is one of the ways to approach Stock Market. Through Price Action, one can identify the current market structure (uptrend/downtrend/sideways) and so...
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...
Bullish Flag Chart Pattern: Tata Chemicals
Description:
The flag represents a brief pause in a dynamic market move & one of the requirements for a flag pattern is that it should proceed by a sharp and almost straight-line move.
It represents situations where a step advance or decline has gotten ahead of itself, and where the market pauses briefly to "catch...
This is simple price action trade idea given to our clients today on bata india stock. This stock is in our watch list & keeping any eye on the movement since yesterday on breaking the trend line entry has been taken in the trade. In this trade Risk to Reward ration is 1.80 which is very good .Also the target hit within few hours profit booked & out of the...
BANDHANBNK was in my radar from last three days, since yellow trendline was tested by many times hence it became weaker. Today morning when price crossed pink line which was yesterday high, i entered into the trade 276.45 with SL 266 below the yellow trendline and keeping the momentum in my mind because of expiry day I took R:R 1:1. and booked my profit at...
I have selected M&M yesterday for Today session(8th June 20) since it was forming a nice pattern in 15min TF.
I missed the BD, however i have entered once price crossed the pink line(previous day low) and got 5 points. Target was the green line(day before yesterday low).
Entry - 474.9
Exit - 469.5
Please like & comment, if you learn something from this post.
Currently bata india is in the state of indecision of going up or down . Previously it shown some choppy movement , which is not enough to get information . If the market is sustain in these levels for 15-30 min you can open the trade with low quantity . This all are for educational purpose only , i am not perfect in market . you can see my previous analysis of...
Analysis for tomorrow . This all are educational purpose only , don't trade without proper money management . You can see my previous nifty analysis , which is nearly accurate . Guys this is 1Hr time frame , do trade on 5 and 15 min TF only . If the trendline broken the supports are drawn below .
Through the analysis with price action currently the market is...
