IDFC: On the basis of volume as well as Marked Delivery, it is preferred choice. As per my data analysis there is a financial institute action or High Net Worth buying or Operator move emerged in the counter, resulted more than 70% marked delivery. This is the highest marked delivery value in the calendar year, (i had excluded 28th March. It was the day...
Stock opened with gap up on 24 July Though 01 & 02 Aug candles breached low of 24 July, it is only on 13 Aug the stock filled the gap
Indicator short description, background change predicts the future trend and colors of candles show the strengths of bears and bulls.
Even though it was 8% RED candle, only 2.92% OI was increased. Naturally, Active FNO Traders had lost their interest. 19446K shares were marked as delivery in 139040K trading volume resulting only 13.99% marked delivery of total volume. If any body analyse marked delivery as well as trading volume, it guides that only Intraday Traders had interest in the counter. ...
Even though it was 8% RED candle, only 2.92% OI was increased. Naturally, traders had lost their interest. 19446K shares were marked as delivery in 139040K trading volume resulting only 13.99% marked delivery of total volume. If any body analyse marked delivery as well as trading volume, it guides that only Intraday Traders had interest in the counter. Volume...
NSE:YESBANK In previous support, Three inside candles and Symmetrical triangle,... More chances of breakdown...
by just analysing the structure of market on hourly frame it seems that the downtrend may not resume unless and untill nifty holds 11014 on closing basis ! we can then see further gaps getting filled due to it ! lets just keep a track at levels closely!
Hi We saw a strong bearish sell-off on Monday morning which soon turned into a slow and steady bullish mood. We hindered at the Gartley PRZ @ 10775-10785 (mentioned in last week's post) for two days before breakout. I updated on Friday to beware of a failure that might occur above the downtrend line and it just did that. Bears took control and the potential...
This one will cross the HDFC Bank , its 3 Month Chart and just completed its latest candle and You can see how strong it is comparing to all Previous 3 Month Candles , do not sell in Futures or do not exit your holdings in Cash unless it is dam necessary , this one will Go Beyond 2500 , They are likely coming heavy including aircraft financing , and they...
Nifty Ranges valid from 4th-8th June. It is a wide range so trade carefully. I have displayed 4 hour candles in the chart so the entire range is visible and yet the candle movement too can be seen on a day to day basis. Also the Ichimoku Kinko Hyo should guide viewers about the bearish/bullish price action in the 4th-8th June trading week and accordingly set...
My weekend analysis of Tata Steel. This is NOT a trade recommendation. On the weekly charts it has gone down 127.2% of the range from about mid January till first week February which is quite typical Wolfe analysis and probable Fibonacci and Support Resistance levels of Daily candles supports what the weekly chart is showing I wish to thank user Praveen Bhatiya...
Let's discuss.. Intraday Traders are losers Ohkay..let me mend this statement a bit. " The Indisciplined Intrday Traders Are Losers "..now it seems correct. Not just in trading but in any field of life, if one is not disciplined he will be a loser. Then why such hate for day trading..well !! we live in a free country and everyone has right to speech and...
The sock is up, opened 1139.80, crossed 1147 resistance and made a high 1164. It moved quite fast and approached near resistance area so I should plan for a short. Waited for the signal candles A + B and placed a sell order below B (1156). I got in but the Stock took a turn and head higher in candle C. Looked at the Tape, huge selling bids @ 1162 which the buyers...
That's true..down 2% doesn't mean it can not go down further. But the conditions are that: It should be in a strong downtrend on a higher time frame; and we should have proper tools and system to manage our trade. M&M has been in a strong downtrend on Daily, 4H and H. So I thought it could be nice short. But by the time I could open my lappy, stock was already...
Hi, Squeeze and Expansion is one of the famous ways to trade BB. In the following steps I will try to explain how I trade it. # Look for a stock in long term uptrend but currently in correction. The 'Long Term' depends on time horizon of trading. For positional trader it could be daily while for intraday traders it could be hourly. So selection of stock would...
Today, I'll share a very important point that lacks in most of the traders. When it comes to chart setup, there is no one right way, but I will share my approach. Everything I do comes from an emphasis on clarity and consistency. 1. Clean charts put the focus where it belongs: on the price bars and the developing market structure. Tools that...
### Market Analysis Report #### Market Structure Overview The current market structure shows a **bullish trend** characterized by higher highs and higher lows over the past few weeks. Price action has been supported by positive economic indicators, and we see robust buying interest at key support levels. However, it's essential to remain vigilant for potential...
While investing in the stock market, it is essential for investors to know certain tools that will help them make informed decisions. Fundamental Analysis and Technical Analysis are two such tools to approach the market, although they differ. Here’s a comparison of both: ⭐️⭐️⭐️ Fundamental Analysis ⭐️⭐️⭐️ Definition: Fundamental analysis evaluates a security...