Hii Everyone, I back with another analysis of Bhartiairtel. I am expecting a up move in coming days for following reasons :-
1. Near strong weekly Support ( yellow bar).
2. Follows same inverted round bottom format twice.
3. Corrected very much and with a high pace, so a pull back is expected.
4. Risk to reward is good here.
A complete “U” turn from the benchmark Nifty50 as it fell close to 2.5% in today’s session. No respect for the immediate support of (11,780-11,800) as the index cuts through and retraces gains of past six trading sessions. Thanks to this sharp sell-off one aspect is now confirmed - our rising channel has yet again proven itself as a strong source of resistance....
Nifty behaved exactly the way it was anticipated. A short-term dip, enough to get bears interested and create positions. And then bounced back sharply from close to anticipated supports at (11,750-11,800). I have drawn two rising channels on this chart, which I sense will now provide immediate resistances. Going ahead, I feel the index will face resistances from...
Second chart from the series of taking a look at the week that was in BankNifty. This week was very bullish trend in the market.
This chart indicates the overall breakout of the BANKNIFTY from it's bearish trend.
The previous two trading sessions have been studied in the below chart.
October 6th Trading Session
BULLISH MOMENTUM IS CONTINUED FROM...
If the market is pulling towards upside direction with less magnitude towards downside direction we can call it as an uptrend.
Characteristics of an uptrend:
1) Higher High and higher low pattern in the swings
2) Less magnitude in secondary swings or downside swings in this case
Hope this helps:)
Nataraj Malavade
Author of Mastermind of Day Trading
Quant Trader...
Hello Traders,
I am back with the new educational concept. You may have often heard the word "RSI"
We are going to study about RSI : "Relative Strength Index", which is the most used indicator.
RSI is the price following indicator and it provides important levels from 0 to 100.
The important levels of RSI are 40-60, 70-30 and...
200 DMA is a great simple strategy which provides good RR trades such as this one.
The idea here is simple. Markets tend to be range bound 80% of the time, which is called the contraction phase. The other 20% of the time the market is breaking out, called the expansion phase.
To win the game, it is important to understand the probabilities and play the...
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of...
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of...
This is called Market Geometry. Reliance in correction mode. B retraces 50% of A and usually A=C or C is bigger than A by 161.8%.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past...
Marico reversed big in the last trading session because the price reached the major support level ( major because this level plays from 2017 ) which is shown in the analysis. So the price wont reject too big without reason.
Start your analysis in bigger time frame to find this small small clues !!!
1.THE DOJI CANDLE STRATEGY AND
2. THE FIBO STRATEGY
.
A BUY WAS GIVEN AT 12.17 AT 2002 IT WENT AND GAVE EASY 1 %
A SECOND BUY WAS GIVEN AFTER FIBO SUPPORT
The current support for Natural gas is 162.7. If the candel breaks the 162.7 and open new candel below that then it may go down few points.
sell range (162.6-162) Note: only when the candel opens below 162.7
stoploss (164-165)
Target (160-159)
Note: The Target which i Given is based on pivot and previous support & Resistance
This is only for educational purpose...
![BHEL: [Doji] BHEL](https://s3.tradingview.com/o/OZWo4bBf_mid.png "[Doji] BHEL")
