Tata motors may reach 490 in 3 to 4 trading sessions inline with Nifty up.
Let's analyze the charts using different indicators that are commonly used so as to see what the different traders are looking at. Daily time frame 1. The RSI still has a potential for further selling. We are near the oversold territory. 2. There is no prominent support on the daily time frame until 15900-16000. 3. The 200 MA cluster is near 16100, which...
Many people who follow me would have noticed I haven't posted for a while. Did I lose the game? No. I saw this coming and I stayed put. Don't believe me? I will add a link to a related idea. Markets are in a precarious position and every mistake will now be an expensive one. Here's how one can see through this period: This type of fall can be regarded as a...
With this post, we'll try to understand the selling narrative of the institutions and how they trap the traders on both sides. Just remember this one thing, "the market is never moved by retailers, only institutions can do that". The only reason why the institutions sell is to buy at lower prices. Nothing more than that. This happens in the following way:...
This is the third post on market structure. Do check out the previous 2 posts if you haven't already. Recap Market structure is simple and a basic form of understanding, how the markets move. The Price Action is how the market moves based just on price, without the consideration of trends and how they may continue. But the market structure is focused mainly on...
If the price test and level many times it is more probability that it will break You can also see for build up or tight consolidation range before any BREAKOUT Price move from low volatile to high Whenever price break with strong candle it is more probality that price will retest the key level Keep learning and earning
Here we are seeing NIFTY of daily time frame, here we can see that candles between two vertical line are clearly in up trend and RSI for the same is showing slite divergence on down side which shows the clear indication that there may be change in trend in future and same did happen, NIFTY is now trading in sideways trend.
If u want to trade breakout then you have to focus on price action Near resistance level # The price unable to break a resistance level for long time First time the price break the resistance but it is a feke breakout Second time price break and show a massive move How to avoid fake breakout # have patience the price do 3 things if it is real...
If you want to trade breakout unhave to keep some points in ur mind 1) See price action near the resistance level # price consolidation # candlestick pattern # volume 2) If u miss the trade on BREAKOUT level don't worry price will do 2 thing # price retest the key level # price take pause in terms of...
Candlestick works near support and resistance and how this pattern works depicted on chart. Bullish harami Bearish harami, Bullish engulfing Bearish engulfing Hammer piercing and dark cloud cover
I share my analysis and also take the trade and earn a good lum sum Get ready for next
After almost 3 months the stock has broken out of the rectangle or channel pattern with great volumes with RSI entering super bullish territory of above 60(Acc. to unconventional RSI). With a retest and a bullish candle on the previous resistance which now has become support this stock is ready to fly to new highs. Moreover, sector is also bullish. Therefore, a...
NZDUSD end of the downtrend and start a fresh uptrend creat only long position at few days and weeks
Hindustan Petro script is in one range from long time, at present the script is in good support and strong resistance level, its just for study purpose, invest with your own analysis.
Inox script is in one range from long time, at present the script is in good support and strong resistance level, its just for study purpose, invest with your own analysis.
# we will make only profit #This Tutorial tell you simple format to check best time to Enter.. # if you want to know about the indicators check my old video. #Indicators only can indicate not give you 100% guaranty. #If you need any help comment or message me.
Almost all chart patterns visible in this long journey A brief Idea on how to track n trade a single stock over n over again through out its journey How support acts as Resistance How Long term resistance never fails to amuse us How trade can happen using MTF (Tracking Daily / Playing Hourly)
Several confluences showing on Vmc Cipher indicator with the Gold buy signal dot. Several divergences, increasing money flow, bottom momentum waves getting smaller, 1.Blue Anker (very low) wave on gold dot 2.Smaller wave Anker (not a good trigger wave/entry point bc $$ flow not close enough to flipping zero line) 3.Smaller Blue wave (trigger wave) money flowing...