E1 - 72 - 23 Aug 21 T1 - 96 - 09 Nov 21 E2 - 90/ 85 - 17 jan 22 T2 & T3 - 111 --> 141
Daily structure. Narrow range & inside bars with lower volumes. Simple consolidation & breakout in first 15 min itself. Identified around 9.30 AM to 9.45 AM. First mistake is entry away form moving average at 3077 Ideal is to enter near moving averages to get good risk reward & chances of stop loss triggering are less. First target was around 3150 to...
PNB Analysis: Probability Of Patterns
My plan E1 - 495 - 03 Aug 2021 T1 - 540 - 545 - 05 Aug 2021 - 10 Aug 2021 E2 - 505 - 16 Aug 2021 T2 - 561 - 25 Aug 2021 - 30 Aug 2021
NSE:SIS My plan E1 - 495 - 03 Aug 2021 T1 - 540 - 545 - 05 Aug 2021 - 10 Aug 2021 E2 - 505 - 16 Aug 2021 T2 - 561 - 25 Aug 2021 - 30 Aug 2021
Trade by Combining Basic Technical Analysis. How to enter in a trade by combining basic knowledge of Support/resistance and Candlestick patterns and Chart reading.
As soon as we see a breakout on the chart we form a basis ( or have a belief ) that the stock will burst and go upside. We should not try to predict the market. Instead, we should wait and let the market tell whether the breakout is false or true. You can crosscheck with other indicators. I personally use PRICE ACTION data i.e. after breakout the upper trend line...
This is a quick guide into using relative strength charts (or RS charts) that will help you pick stocks that are stronger than the broad market or identify sectors/industries that might outperform the broadmarket.
I wasn't able to share all the detail in depth but this technical will help you to learn that how you can analyze the charts
T - 93.65 - 09 Aug 2021 Doubted NSE:L_TFH
E - 749 - 14 Aug 2021 T - 963 - 14 Oct 2021
ZEEL has retraced to level 1 on fib series. and has been facing resistance at this level. Keep an eye on this media house.. Beyond 233 it can give a swift upmove towards 300.. which is the next fib level. Only good for investment above the fib level of 233. Currently the stock is out of its long term down trend by breaking the fall trendline resistance and has...
I have based my analysis on Stan Weinstein's framework on Weekly chart where price structure, 30 weekly MA, volume and relative strength (not RSI) play a role in analysing the trend. Personally, I like stocks near ATH because it tells me that prior resistance has been broken. It is important for me to select stocks that have strong relative strength against a...
labelling done using following rules for impulse 1)wave 2 should not retrace wave 1 entirely 2)wave 3 cant be shortest 3)wave 4 cant enter wave 1(except diagonal) for flat with truncated wave c 1)wave b should at least retrace wave a by 80% 2)wave c should at least reach 61.8% extention of wave a. for zigzag with truncated wave c 1)wave b should not retrace...
6 Mistakes most traders repeat in trading. Not beginners but even experience traders face these issues.