buy on dips to rising trendline if it is to test it please consult your financial advisor or do your own research before investing not invested. not a recommendation. please provide your valuable feedback. this is my first idea published always willing to learn
ONE OF THE MOST SUCCESSFUL FORMATION FOR INVESTMENT AND POSITIONAL TRADERS.
There is Bullish Divergence in BHARATFORG. Price has formed lower lows and RSI has formed higher highs. Looks like there is change in the trend and price took support from long term support area. Also, price has broken the trend line and given pullback on the support area after breaking out the trend line and formed higher low. Currently, it has formed inside...
explained in chart
Head & shoulder formation in daily chart, breakdown right shoulder with high volume
As we see on technical basis, tata elxsi made flag pattern on weekly chart we can set next target some where near to 1410
TVS MOTORS CMP 556 TVS MOTORS IN SUPPORT ZONE LONG CAN BE INITIATED SL 548 TGT 586/595. Disclaimer: This chart is purely for educational purpose. Views and opinions are welcome.
Vedanta has formed a nice rising wedge. However its not visible with highs and lows. Some people might argue that trend ines should be drawn without missing any point. I say what works works. Whats the best indicator? RSI? Stochastics? Super Trend? On balance Volume? and best trading strategy ma cross Trend line break Elliot waves ...... ........... You name it...
People / Traders , i have been asked by many traders why i always mention about my wins so loudly? there is reason which i am going to explain what i am doing and why i get success more than any traders who try to take trade based on some indicators or some one chart or even some time they force the trade to take some profits and end up in losing the money...
Support and Resistance Hello Traders, I will be discussing about Support and Resistance area in this part, which is backbone of Price Action trading. What is Resistance area? Resistance is a horizontal area on a chart. Where price experience selling pressure and tends to move down. What is Support area? Support is a horizontal area on a chart. Where...
Analyzing the Descending Triangle Pattern on RELIANCE Daily Charts Introduction: In the world of technical analysis, patterns often provide valuable insights into potential market movements. One such pattern that has caught the attention of traders is the descending triangle forming on the Reliance Industries Limited (RIL) daily charts. Let's delve into this...