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...
This share has completed it's grand elloit cycle and now it is under consolidation zone don't miss out on opportunity of tracking this share either side money will come
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...
Bulls Yelling The Excitement- The Gap Strategy!!! When they come together, they are trying to tell you something. --------------------------------------------------------------------- 17950 – Critical Level: The Important Clue --------------------------------------------------------------------- From the last 2 ideas published at TradingView - Crossing above...
Consolidation for long time, better it is. You just need to wait for breakout.
We shall see the chart of century text & ind in the 2-hour time frame. The script had resistance at around 820 where a double top pattern had formed. The third time when the share price approached this resistance trendline a strong green candle was formed breaking out of the resistance. This green candle denotes a breakout. Risky traders usually enter a trade...
Price gaps can be classified into four types: common, breakaway, acceleration, and exhaustion , During moments of consolidation, common gaps appear and mean virtually little. The other forms of pricing differences are extremely significant. Breakaway gaps: Early in a trend, breakaway gaps appear. Acceleration gaps are simple to spot and provide a wealth of...
Tata Motors Limited TATAMOTORS as on 11 Oct 2021 appears strong bullish. You can see clearly. Its shows signs of strength in the upcoming day, then this trend can continue in the next trading session as well.
6th / 7th Oct2021 The index topped at 17882 this morning was a perfect behavior for the last leg downside in an irregular triangle updated in TradingView Author status / Last idea (add on comment). 6th Oct2021 – WaveTalks: Nifty-Irregular Triangle: ( Stops Above 17890 ) Irregular structures are those which is surpassed in the next leg as it happened for...
Looking Good For Up Side LTP-724.70 Range 730 to 700 Support 680-wcb Up Side Is Open Time Frm-Day To Yr..
STAGE 1 (ACCUMULATION): In this stage the stock consolidates in a narrow price range which usually lasts for months but in some cases years and then breaks on the higher side. STAGE 2 (ADVACVING): In this stage the stock price moves in a higher high and higher low structure. STAGE 3 (DISTRIBUTION): In this stage the stock price consolidates in a narrow range and...
Pattern details: 1)It's a 7 leg corrective pattern 2)Here in first 3 leg's price's contracts after which wave d is formed (sort of wave x of wxy) which is followed by 3 expanding leg's,meaning contracting triangle connected by expanding triangle 3)Wave G tends towards equality wave A,wave F towards wave B,wave C towards wave E,however wave G can only be...
Elliott Wave Methodical Structure This is a motive cycle of the Elliott Wave in which you can observe waves 1,3 and 5 are in direction of a trend. Wave 2 and 4 are against the direction which is called a "Corrective Wave". Five-wave structures, numbered (1)-(5). In the direction of the main trend of one larger degree. Wave 2 cannot retrace at the starting...
Let us find out the reason why retailers lose money year after year To find out that let's understand the 4 stages of any stock/index. --> STAGE 1: .This is the stage where accumulation of the stock by FIIs and DIIs takes place and the price trades in a range bound structure ( as shown on the chart ) where buyers and sellers are in equilibrium. .This stage might...
looks like double correction to me Primary degree: Red Intermediate degree: Black Minor degree: Blue. Current Count: Primary: wave Y Intermediate: wave C Minot: wave wave 3 complex correction's are identified by price movement confined in channel.Here we can see this phenomenon happening.wave Y has taken a form of an zigzag corrective pattern of which wave A...
What Is Stop Hunting? Stop hunting is a strategy that attempts to force some market participants out of their positions by driving the price of an asset to a level where many individuals have chosen to set stop-loss orders. The triggering of many stop losses at once typically creates high volatility and can present a unique opportunity for investors who seek to...