An Uptrending stock gives many opportunities to enter in it. But...we miss many of them assuming it as a reversal or before we enter the stock moves much higher again and Risk/Reward ratio is unfavourable for our trade. Here I am with another tried and tested strategy to find whether it's a pullback or trend reversal and the most IMPORTANT...enter before the...
CMP - 151.85 Triple Bottom Pattern. Three distinct minor lows at about the same price. Short-term bullish reversal
I'm considering buying Dips here in Pidilite Ind. next immediate support is at 2160-2185. Note. This is not a stock recommendation. Kindly consult with your financial advisor before taking any decision.
It Seems like Bata India is respecting the long term trend line. I'm considering any dips as opportunity for Bata India. Note. This is not a stock recommendation. Kindly consult with your financial advisor before taking any decision.
I'm considering UPL for long if it manage to sustain above 200 ema as well as the demand zone. Next Immediate support is 669-650. Note: This is not recommendation. Kindly consult with your financial advisor before taking any decision.
Using multiple confirmations, different timeframes and by applying rules of price action over a chart let's one understand HOW THE PRICE BEHAVES! Here is an example of buying a stock at the lows (Disclaimer: NOT THE ABSOLUTE LOWS) Let's start with a Higher TF- Weekly' The stock is in a formation of a price action pattern called CUP & HANDLE, where CUP is...
3 Ways to manage your portfolio in any fall. I am using these and if you have any better idea comment below.
The underlying chart gives us the data but it is important to look into the options chart for the trade. We normally wait for the breakouts to happen in the underlying chart but they happen way ahead in the options chart. By the time we take a trade in the options, it would have been late in options pricing. Below is the bank nifty options chart You can see...
Ross Hook pattern (simple) explanation using Bank Nifty Daily chart : We tried to explain Ross Hook pattern in a very simple way here taking Bank Nifty Daily chart as example. Ross Hook pattern can be termed as an extension/correction/advancement (as per me) to 1-2-3 pattern. The difference which can be noticed is hook kind of formation after point 3 where...
the guess inc in nyse is bearish from 2011 and performing in channel the bearish move
nifty level .....................................................................................................
Nifty updates for reversal point as per price and timewise cluster marked over chart
Price and Time wise reversal point of Bank Nifty as price cluster and time cluster marked onthe chart
Buy around 2800 to 2850 for the last push.. Just a view better consult professional advice.
WaveTalks - Nifty: Channel Trading Strategy There are three (3) types of channels: 1. Ascending Channel (higher highs and higher lows) 2. Descending Channel (lower highs and lower lows) 3. Horizontal Channel (ranging) ------------------------- Ascending channel ------------------------- An Ascending channel is a pattern formed from two upward trendlines drawn...
The analysis base on Elliott Wave Theory in weekly and daily time frame. Elliott wave has three parts : a) Impulse wave (Point 0-1, 2-3, 4-5), which net travels in the same direction (higher high) as the larger trend, always shows five waves in its pattern. b) Corrective wave (Point 1-2, 3-4), on the other hand, net travels in the opposite direction (higher...
🛑in Yesterday market analysis i told that there's indecision between buyers and sellers at high level , and today also market is rejected from 38800 - 38900 levels and if you see the BANKNIFTY in Day frame chart we can clearly observe that it forming bearish candles at higher levels -in today market we can observe that there's is indecision between sellers and...
- i was keep telling that market is opening in huge gap up it is not a encouraging move for market , now filling those gaps - another thing to remember while investing in stocks , Smart money is moving away from market - Day Volatility is increased by Nearly 5% , if anyone taken trade without knowing crucial S&R they will hitted by SL -Currently NIFTY is...