Explained on which trade to take on which kind of camarilla setup.
Even Camarilla have Narrow and wide range just like CPR
Providing you the knowledge on how to identify trend of the day on the first bar of the day!!!!
Drawings and explanation has been given on chart. do your back testing and then see the result.
Proving a Small script below of Camarilla.
The last Chart of Hindustan Copper had many missing the entry before it broke out and hit upper circuit.
So here I bring Minda Corp which I think will emulate Hindustan Copper to some extent.
This is for everyone to learn as well.
Cup has been formed. Now either wait for a small pull back where one can accumulate after it turns around or be ready for it to race...
I can interpret an upcoming breakout in this chart is so many ways. This is why technical Analysis isn't difficult. One just needs to have an eye and correlate.
I'm not giving any Stop loss or Targets here. This is for you guys to interpret it the way you like and take your decisions. If it fails, this chart would tell you why it failed as well.
Those who want...
According to bullish three drives pattern nifty indicating reversal of previous downtrend. Today we got the breakout of its resistance trend line if nifty sustain above this level one more trading session then we will get confirmation about the uptrend in market.
According to pattern there was a good entry near 14150 level. It was also 100 Day's EMA level...
📚 LEARN MORE
💰 EARN MORE
FLAG pattern Definition:
A FLAG pattern is a continuation chart pattern, named due to its similarity to a flag on a flagpole.
A flag is a relatively rapid chart formation that appears as a small channel after a steep trend, which develops in the opposite direction.
After an uptrend, it has a downward slope. After a downtrend, it has an...
Nifty taken support and sustain last week. But its still with bears hand. 14566 is maximum level for nifty.
Downside once its break 14233, we may see sharp fall.
For Education purpose only
This stock has a Market cap of just 159 cr.
I just happened to see the stock with a HUGE volume bar.
I drew the line from the top connecting the resistances and found it to be a BREAKOUT.
Then, I spotted another squeeze and connected the supports and resistances after which I spotted the same pattern on the RSI as well.
Next I plotted the 50 & 20 DMA and found...
As we can see in the chart the stock has given a breakout after a reasonably good fall over a period of time, this can be a good buy because this company makes pharmaceutical products namely rifampicin which is useful in fighting bacterial infections which might prove as the benefit due to the pandemic which is going on. Further the company has pretty impressive...
RBL Bank structure looks weak at the moment, if it violates level 165 on closing basis can se more downside, at crucial zone.
In daily TF negative crossover of 50EMA and 200EMA
Beware those holding the script
today's lesson is more about the MACD indicator, which we consider as a confirmation indicator. MACD is used in combination with RSI and candlestick pattern.
it is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows behaviour of the market.
