Long position in NiftyHello Friends
Today Nifty fall as expected yesterday prediction.
Tomorrow we expecting gap up or flat opening, if nifty want to follow trend line channel.
If nifty still break trend line channel, then we go for put option because it indicate sideways or downward trend.
Happy learning and happy trading...
A-trend
Long position for Nifty 3rd Feb Expiry, important resistanceHello Friends,
Budget day was not going as per our expectations but it's part of our field. so accept it and move on.
Now we expected FII investment from tomorrow onward in Indian market because there are nothing negative in budget for FII's.
Tomorrow may be nifty gives you big moves if FII's increase there investment after analysis budget. DII's continuously increase there investment and they hold market vary well.
Nifty Expected hit 18000 level by 3rd Feb 2022.
Tomorrow 17700 is strong resistance for nifty.
Have a great and safe trading.
NIFTY --TREND REVERSAL DOJINIFTY on Daily Chart trend reversal doji candle seen at todays closing.. Trend reversal doji heikin ashi candle ..found when trend set either bullish or bearish ..and traders indecisive about current trend. last few days nifty corrected around 1000-1200 points from high 18400 now at 17100 bottom was made around 16800 that trend was confirm bearish but last 1-2 session traders are indecisive about trend so volatility seen. that is doji candle formation at support level before trend reversal which is seen in form of heikin ashi doji candle formation on daily chart at todays closing.
this doji candle suggest trend reversal from bearish to bullish ahead may be budget rally is ahead in few days.
wave pattern also indicate same.
NIFTY FROM CURRENT LEVEL 17100 uptrend can see target 18400 short term (1 month).
*** THIS IDEA FOR EDUCATIONAL PURPOSE .!
Homework from lesson about the tradable patterns - 27-01-22EUR/USD - Monthly
Hi everyone, this content is about what I'm learning from the market and is not investment advice. For study purposes only.
In the lesson we learned about tradable and non-tradable pattern and market structure. This review is for practicing the concepts and learning from my studies over time.
My direction for this pair in long term view based in my analisys: A DOWN MARKET.
HINDUSTAN CONSTRUCTION COWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Deccan Cement AnalysisHey there, hope you are doing well.
Here's my analysis, for safe buying only above 661. I will be bullish when any candle sustains above the Green Line.
If it break 606.15 then, more down fall can be expected.
I am not a SEBI advisor, am only a trader.
Hope you like this.
Thank you and stay safe.
#Niftybank Intraday Support and Resistance Levels - 13/01/2022This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis .
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
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Regards
Expiry Jackport... for banknifty
Rising Bull 💯
#risingbull #trader #ashishgendle #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
HCCWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
my views on sjs the chart looks good today, by the day end if it close above 390 we can take that for btst and with the tgt of 414.90/429/438 these price can be seen in the upcoming sessions for btst we can keep a tgt of 414 and take long position, with the sl of 380 you can adjust according to your risk apatite, cmp is 393 so it sould close above 390 for this amazing more.....
trade with your own risk, there are just my view on this stock and personally i am also holding these stock for long term, my buying price is 352 around.
Can We Skip to the Good Part ? Trend Reversal ?This is Daily Timeframe.
For last 6 months, Shyam Metalics is in downtrend.
Downtrend was smooth, but things changed after the Mid-December.
It rejected downward move by forming a hammer candle on 20th Dec. 2021.
After this, it started showing some strength, formed bullish candles with volume support.
Then after small retracement, it again formed a hammer candle
and then formed bullish candle(28th Dec.) with good volume.
This is the breakout candle that gave breakout
from the falling wedge pattern.
After breakout,
consolidated and formed a small range and
today it gave breakout from that too with volumes.
These are strong indications that the downtrend that was going for almost half year is to an end.
This post is for information purpose only.