#76 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know.I HAVE LINKED MY PREVIOUS POSTS ON TCS BELOW . Leave a comment that is helpful or encouraging. Let's master the markets together .
Moving Average (MA) is a widely used technical indicator that smooth's out price trends by filtering out the “noise” from random short-term price fluctuations. The most common applications of moving averages are to identify trend direction and to determine support and resistance levels. When asset prices cross over their moving averages, it may generate a trading...
buy cmp with sl 1.60 % buffer buying in zone 206-207
Hi Friends, Wanted to share this learning of SIMPLE PRICE ACTION Techniques that once practiced with patience yields results !!! #FANOFTRIANGLES #PRICEACTION #SWINGANDPOSITIONAL PRICE ACTION USED BREAKOUT FROM DESCENDING TRIANGLE IN DAILY RETEST IN DAILY FORMING SUPPORT BREAKOUT AND RETEST IN HOURLY FORMING SUPPORT ENTRY Thanks For Your Time....
Levels and detsils are clearly mentioned on chart
Swing Trading in the current Market: 1) Buy Zone: Here we can make the fresh position on confirmation of reversal from support. 2) Sell Zone: Here we can either book our long side profit or make new short position after confirmation near the resistance level. 3) Breadown Zone: When the market gives a breakdown of this parallel channel then possible strong...
✨SCALPING TRADER :> The main advantage of scalping is the ability to gain profit from small price changes within the shortest time frame possible, which is often amplified by a larger position size. This is an intra-day type of trading which means that positions are closed before the end of the trading day or session ✨DAY TRADER :> A day trader buys and...
If it holds position at 170 will raise upto 187 Resistance which is major
Made swing low of 875 - 1108. Draw Fibonacci levels from swing high to swing low. Made shooting star price pattern (14th July) and bullish hammer (10th august) near Fibonacci 61 percent levels. Entry could have been in buy zone and target as near term resistance (1071) and Stop loss at swing low (875). 10 percent gain in a month could have been achieved.
Last week, I had posted charts of COALINDIA forming a descending channel and also predicted a breakout in the coming days. Here it is, this may not be like a 5-10% trade or something. But a 2% is enough for intraday. The trade involved no risk and very easy to spot as the volume rocket from 100k to 2.9M as the breakout happened. This was to show the power of...
READ THE CHART FOR DETAILED STUDY
In terms of swings, When point 2 is above 1 3 is below 1, and price reverses from 4, connecting 1 to 3 and extending - creates possible support line connecting 1 to 4 and extending - creates possible target line. Price bounces from support line (point 5) and tries to touch the target line. We should start plotting only after point 4 is clearly evident.
CESC Downtrend broken Tgt - 1020 SL - 883
As per daily chart in ICICI BANK Bears phase cycle is on swing with the negative impact of both Fundamentally on sector wise and as well as Technically. But as Fight Continue from Swing high of 307 Bears Attacked on Bulls with Three Consecutive Drag down Round upto 295 levels and Bears have More Power to Beat Bulls to the level 276.50 and more below 262 Levels...