formed ascending triangle break out. also at 52 week high, looking bullish
IBULHSGFIN CHANNEL BREAKOUT. BUY ABOVE 245 TARGET OPEN.
Any Suggestions? Only for Educational Purpose
NSE:HAPPSTMNDS
I've never been a fan of fancy indicators because price action is best leading indicator out there. This is one of the most popular and effective strategies for short term. I prefer the 3 candle compression because it works for me more often. One can experiment as per their liking with just 2 candles or more than 3 candles. Strategy is once the first 2...
Creating lines on a chart is one of the most fundamental methods of charting when performing technical analysis . Being able to create these effectively and quickly is a very useful skill to have. Horizontal, Vertical and Cross lines can all be found on the drawings panel to the left of the chart in the subgroup “Trend Line Tools”. These tools can be added by...
In the last thread, we discussed the basics of divergence. In this thread, we are going to learn about the positive divergence a.k.a Bullish divergence. I'll cover it in 3 parts: 1. What is bullish divergence? 2. Types of bullish divergence 3. Subtypes with illustrations So, let's move ahead! What is Bullish divergence? A bullish divergence occurs when prices...
Grasim again strong rejection at Rs 1460. One can short for target 1360 in coming week.
EDUCATIONAL : NSE:MUTHOOTFIN had been in a downward channel/range ( T1 & T2 ) after making a swing high of 1361.60. Later, it got trapped in a triangular pattern ( T3 & T4 ) within the range and achieved a breakout & brought the bulls in but soon it again came down and took support over T3 at point A. There it made a bullish hammer candlestick which confirmed...
Currently Nifty is Retracing. So the burst may not be with throttle, Nevertheless, OBSERVE and LEARN how and why if it runs/fails.
Hindalco stock price gave a triangle break out pattern. If the stock price closes above 400 in a 1hour time frame. Then we can target 440 in short term. This analysis is only for educational purpose.
Titan consolidated and now trying to move further up side...Consider it for short term
Hello all, today we are going to learn about divergence. A simple topic, which often confuses the newbies. I'll keep this thread short since this will lay the groundwork for the upcoming threads. Please go through this thread before proceeding to the next threads. Foreward In this thread, I would explain the following as easily and briefly as possible: 1. What...