A combination of Relative Momentum indicator
and Absolute Momentum Indicator .
Relative Momentum is a measure of relative strength of a script compared to index or other scripts
Absolute momentum is a measure of its own strength compared with its value n periods before...
I use a combination of 2 absolute momentum lines of 10 & 21 ...or 21 & 52 based on my...
Through series of educational posts we have got an elaborate knowledge of candlestick pattern which include both
reversal and continuation patterns and this post is somewhat different from candlestick it's all about moving average crossovers.
General concept of crossover is that a fast moving average surpasses slow one in any directional trend and could help you...
Simple & very easy way to Identify DEMAND/SUPPLY for #ZOMATO (Zomato Ltd).
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #breakdown
In previous idea of continuation pattern, which comprise explanation of some continuation patterns like triangles, flags and pennants it
was stated that in next post I'll be back with patterns such as head & shoulder , double top and bottoms and we're back.
As we have discussed in the previous section, that market can be either in trending phase or in a...
Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis is used in technical analysis to explain movements in a security or other investment, and can be used as part of a trading strategy to exploit recurring patterns.
Hey everyone! 👋
You may have already seen plenty of cool TradingView heatmaps floating around social media. In case you haven’t, here is what a heatmap looks like:
This short visual guide will help you in accessing and customizing our awesome heatmap feature.
1. When you open TradingView, you will see a toolbar at the top with various options, including...
In the example above, note the following:
- Warning candles: Doji + Hammers + bearish candles indicating exhaustion and a lack of follow-up.
- A relatively higher volume on hammer & doji, which is never a good sign for a breakout because it indicates significant selling pressure.
- A bullish breakout must always be accompanied by a good follow-up, else it...
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Last week, we explained some of the basics to know when it comes to understanding bullish divergences in the markets. If you haven’t read that post, be sure to check it out here:
In this post, we are going to examine just the opposite: bearish divergences! Please remember this is an educational post to help everyone better understand...
-> Definition of Reversal patterns :-
Reversal patterns mean the formation of candlesticks which indicate the end of the existing trend (uptrend or downtrend). When such formation appears in a downtrend, it indicates a bullish reversal or end of selling spree and onset of buying spell. Conversely, when a trend reversal pattern forms in an uptrend, it warns...
Hey everyone! 👋
Last week, we explained some of the basics to know when it comes to understanding divergences in the markets. If you haven’t read that post, be sure to check it out here: 👇
In this post, we are going to examine bullish divergence further, along with a few exhibits. Please remember this is an educational post to help everyone better...
-> Definition of Inside Candle
As the name suggests, an inside bar chart pattern engulfs the inside of a large candle, some call it a mother bar. It’s a pattern that forms after a large move in the market and represents a period of consolidation.
The inside bar pattern can be a very powerful price action signal if you understand how to trade it...
DSSL BO with huge volume with support/demand zone found on the magical Parallel channel. Stock is finding good support in the zone of 250-260, rest we can plan the trade as levels mentioned on the chart
Case Study 1 - Reliance Industries -
Long Term Magical Parallel Channel : we can clearly see the price has respected the parallel channel in a magical way,...
If you have been in the market for some time, you may have heard of something called “divergence” . Today we are going to share an informative write-up along with a few exhibits that may help you solidify your understanding of this important trading concept. This post will also lay the groundwork for future posts about related topics.
Please remember this is...
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Today we wanted to share one of the most powerful features of TradingView, our beloved "Bar replay feature". Let’s get started! 🚀
1. When you open TradingView, you will find an option called "Chart". As soon as you click it, it will redirect you to a blank chart template.
2. In the top toolbar, you will see a “Replay” option. Just click it...
Hello Traders!
This is a learning analysis for 'How we can capture momentum & ride huge rallies in stocks.'
I've taken the example of HFCL. As per the chart you can the current bullish candle closes above the green line (6ma). Whenever this happens near any support of demand zone or any moving averages stocks become bullish.
In this stock it is bouncing back from...
