TOP THREE QUALITIES FOR SUCCESSFUL TRADER EVERY TRADER WANT TO KNOW THIS STRATEGY "PRP STRATEGY" PATIENCE From the above Three Qualities the top most according to me is "PATIENCE" which nobody can taught you . i am damn sure each and every trader must learn this through experience From the beginning i studied price action,working of indicators .I...
Long term perspective Further down side expected in Tata Motors Basis:- 1. 5 day SMA below 20 SMA indicating downtrend 2. RSI on monthly and weekly chart below 40 3. Negative reverse divergence indicated by RSI forming higher bottoms and the chart forming lower bottoms (marked with black arrows) 4. Good red volumes The chart in the post is candlesticks. Reverse...
Day of high volatility. Bulls tried four times to give a breakout of the Contracting Triangle. Nifty halted at 100 DMA. On OI Table there has not been any big change from yesterday. Both sides are equally ready with their writing of Puts and Calls almost of the same quantity. 10700 Put has 3825525 shares whereas 11000 Call has 3814275. Bulls have a little upper...
Bulls charged. Trading Gap of 2.10.18 has been filled above 200 DMA with a Gap up. A Negative Divergence is forming. It has to triggered. Hourly chart -- during last three hours of trading price hit the same upper level and thus Tweezer Top is formed on candlesticks. This may indicate that a consolidation will come by. The distance of 11751 to 10010 has been...
Ways to identifty a multibagger and a good stock for positional trade: The stock should fulfill the following criteria 1.It should be from a booming sector and the broader index should be uptrending 2.The relative strength of the stock to Nifty 50 should be in uptrend 3.RSI should be above 40 4.The stock should be in a stage 2 uptrend structure (breakout with...
Mastering Demand Zones: Advanced Techniques in Stock Market Analysis Introduction to Demand Zones: In the realm of technical analysis, demand zones play a crucial role in assessing price movement and making informed trading decisions. A demand zone, also known as a support zone, is a price range on a chart where a particular asset, such as a stock, has...
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023 Is option buying good for intraday? Trading...
#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023 Is option buying good...
The Head and Shoulders, from now on referred to as H&S, is a chart pattern used in technical analysis of stock markets. It is a pattern that indicates a reversal, signaling the end of a trend and the beginning of a new trend in the opposite direction. It is one of the most important and widely used patterns due to its high reliability and the number of required...
A Back-tested Profitable Strategy for Free!! A PIVOT INTRADAY STRATEGY for 5 minute Time-Frame , that also explains the time condition for Indian Markets The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more. The commission is also included in the strategy . The basic idea is when , 1) Price crosses above ema1...
OK let's get started , A Day Trading (Intraday) Consolidation Breakout Indication Strategy that explains time condition for Indian Markets . The commission is also included in the strategy . The basic idea is , 1) Price crosses above upper band , indicated by a color change (green) is the Long condition 2) Price crosses below lower band , indicated by a...
Hi, This idea is about the very promising ABC pattern and the most optimal ways to enter into this pattern. ✅ABC Pattern This is considered as a continuation pattern. There has to be a strong trend up/down in the background. Wave A: Minor correction against larger trend, usually not more than 5-10% Wave B: Another attempt to push the price higher but could...
Overview: This is a day trading Indictor works using support & resistance and market trend, it is designed for all type of markets (crypto, forex, stock etc.) and works on all commonly used timeframes (preferably on 1H, 4H Candles). How it works: Core logic behind this indicator is to finding the Support and Resistance , we find the Lower High (LH) and Higher Low...
disclaimer - for education purpose based on personal view
'Nifty index opened Gap down breaching previous Lows of 10077 and made new low 10049 in near psychological 10000 support area , sustained buying pressure from lows near about 100 point rally up to 10155 recovers Bulls in Action and tried to stand still against bears positively. Bears Tried to drag down Bulls in last Session but Bulls managed to Hold the Fight...
Hi, Sharing with you one of my favorite BO failure pattern. What is this pattern? It can be called as a topped out or bottomed out pattern. Which does not mean at all that the stock would start a major correction from this failure but only hints dying buyer interest. Many a times the stock see sharper pullbacks due to exits of the late bulls trapped in the BO...
What is CPR indicator:- Central Pivot Range (CPR) indicator is used to identify key points of price levels. The previous day's high, low, and close prices are used to calculate the CPR levels for the current day. It is comprise of 3 levels – Central pivot point (pivot point/PP), Top central pivot (TC) and Bottom central pivot (BC). These levels remain constant...