This is a chart of indiamart, here i am sharing to learn some logics of rounding bottom along with reasons, targets and stop loss.
Here price has formed rounding bottom, and now it has given breakout along with good intensity of volume at same breakout candle, with supporting views by rsi above 60 at breakout, along with macd running positive crossover and now...
"HISTORY REPEATS ITSELF" is a very powerful mantra for success in STOCK MARKET.
Anyone can mint money in a bull market but THE ONE who protects his/her money before a market crash is the one who makes profits in the long run...
And the fun fact is that market gives enough chances to protect one's capital before the crash.
Here I am with one of the very few...
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...
Using multiple confirmations, different timeframes and by applying rules of price action over a chart let's one understand HOW THE PRICE BEHAVES!
Here is an example of buying a stock at the lows (Disclaimer: NOT THE ABSOLUTE LOWS)
Let's start with a Higher TF- Weekly'
The stock is in a formation of a price action pattern called CUP & HANDLE, where CUP is...
Ross Hook pattern (simple) explanation using Bank Nifty Daily chart :
We tried to explain Ross Hook pattern in a very simple way here taking Bank Nifty Daily chart as example.
Ross Hook pattern can be termed as an extension/correction/advancement (as per me) to 1-2-3 pattern. The difference which can be noticed is hook kind of formation after point 3 where...
Multiple confirmation for breakout (GBPJPY) :
We want to share a perfect example of breakouts.
There are multiple confirmation of break out on a daily basis for GBPJPY :
• Flag pattern breakout
• Double bottom breakout
• Head and shoulder breakout
• EMA 13 cross over of 50 EMA and recent support of 200 EMA twice
Disclaimer : This analysis is only for...
Canara Bank has a strong PE ratio advantage followed by increasing stake of Institutional Investors in Sept Quarter
It recently broke out of its Traingle Pattern and has shown some upside. I recommend buy on dips and hold for gains in mid to long term.
The P/B Ratio is below 1 and there is less risk involved comparitively as PE ratio is also half of that of...
RPSG Ventures is an Indian Co in the IT sector
It has witnessed unusually high trading volumes in the recent months in spurts which have been synonymous with 25% upside
In the short term, we can see that the size of red candles almost decreased to a Doji and the share gave signals for a pullback from .628 level with a strong green candle.
The volume during the...
Hi All,
Pranam,
In this video, i was explaining, how we can enter the trade before the breakout and have risk to reward favorable to us.
If you like our video, kindly like us.
Disclaimer: Kindly do your own analysis before executing the trade.
Following are common things one can spot on weekly chart which happen before fall/crash of 2008 and 2020, similar thing can be found in other indices and on all time frames in chart
1. Price will continue to make higher high RSI or MACD indicators will show trend exhaustion with lower high not breaking previous high
2. Series of Negative divergence is seen on...
In this article, we analyze NSE:GRASIM using VWAP and parallel channel.
A parallel channel consists of two parallel lines and a middle line which is equal distance from the upper and lower band of the channel. All of these three lines can work as great support and resistance as you can see in the chart.
Along with candlestick patterns I like to use VWAP to make...
Patterns in Candlestick Charts
Candlestick charts are an excellent way of understanding the investor sentiment and the relationship between demand and supply, bears and bulls, greed and fear, etc. Traders must remember that while an individual candle provides sufficient information, patterns can be determined only by comparing one candle with its preceding and...
