Actionreaction
ULTRACEMCO ANALYSIS RESULT ultratech cement forming daily candle in my previous analysis and now bearish movement start now create bearish traingle here
PNB longIn this analysis , PNB analysis been done based upon pure Triangle Chart Pattern , 2 month and 6 month target been given , 2 month target is based upon 1 day time frame whereas 6 month is based upon weekly time frame ,
In my opinion PNB is not fundamentally strong enough hence you should do your own research before betting . BAd news can impact stock performance as seen previously , so dont bet heavy , use side money if possible otherwise ignore , focus on other good stocks
opinion my own
Thank you
wait for retracement - knowledge sharing - Priceaction and trendAfter a long weekly slide, wockpharma is moving into buy zone. check around the marked zone. Learning new idea and seeing differently. can go long after little of retracement.... good luck
banknifty price action buy sell levels +symatric tringle sport BANKNIFTY#SYMATRIC TRANGLE SPOT 1 HOURS LEVEL
POSSIBLE BREAKOUT ?? TATA STEEL great opportunity if this range gets break .
lets wait for this in upcoming trading sessions.
tech m book here patialtechm short 542 to 498 is a good ride so keep trails your profit and enjoy ride....
Action-Reaction setup as taught by Dr AndrewsWe can draw beautiful Action/Reaction setup which is suggesting a price reaction at current level therefore one can book the profit of their long position and be ready for shorting the stock. Those who want to learn and practice it I am giving guidelines as given in his course material
First we draw a Multi Pivot Line : A line drawn across 3 or more pivots without touching prices in between.
The next step is to locate a previous low or high pivot point to use for drawing an action line.
Next, a parallel line was drawn to the right of the C/L, Notice that it is the same distance from the C/L as the corresponding Action line.
The Law of Physics stated by Newton that Action and Reaction are equal and opposite is applied and it works wonderfully.
Please share your experience or doubts here.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Action-Reaction /3LR Setup/Double BottomWe can draw Beautiful Multiple Pivot Line capturing the price movement since last 6 months. It is showing that strength is returning as there was big gap bar which was not filled and again today it has made a 3LR reversal bar with gap. Double bottom Neckline at 330 can pose some resistance so defensive trader can wait for the breakout of that level byt aggressive trader can buy the stock at current level for the target of 355.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Action/Reaction Head & Shoulder Trade SetupThe stock has broken all time high but could not sustain. AR set is suggesting price reaction at current level. It is forming Head & Shoulder pattern. One can short the stock here for a target of 260 by providing a stop loss of 301 on closing basis.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Where would free fall arrested: PRZBanknifty has fallen almost vertically 10.4% in last 16 bars, so natural question is where would this free fall got arrested. We can try to find the answer in the light of Action/Reaction method. There is a beautiful center-line(Multi-Pivot Line) with 5 touches so it could be considered reliable. AR set based upon it is suggesting that we are now close to the zone where price may reverse the current down trend. Some other studies are also confirming the same which I would mention either in comments or in other post. Let's see how market respond to this PRZ.
Possible Short TradeThe stock has broken a long term trend line. It could retest it from below and continue the bearish downward journey. One can easily expect the target of range doubling zone.
Action/Reaction BuyThe stock has broken beautiful center line which could be used for making a Action/Reaction set as explained by Andrews. Today's spike could be due to high volatility in the opening session. Demand is seen at that level. RSI reading above 50 is also confirming the decision so one can go long with following Entry/SL/Target.
Entry 1145
Sl 1105
Target 1225 - 1250
Risk/Reward 2 for the lowest target
Disclaimer : All stock recommendations and comments are my personnel view please take financial consultancy for trading decision.
ONGC 15Mins - ShortTrade using MedianLine & ActionReaction LinesPlease refer the chart for analysis and trade levels.
Action-Reaction & Median Line on Nifty 15 Mins ChartPlease refer chart for analysis and trade levels.
Short at Reaction Zone Action/Reaction set is suggesting that the price has reached at the level where a reaction is expected. This setup is more reliable if the CL is passing thru a gap. One can take advantage of this setup in their trading either by booking profit in their existing long position or by initiating a fresh short trade here. Newton Law of physics works nicely on prices also, one can observe.
Learning/Trade Action Reaction Set as taught by Dr AndrewsAlthough the Action/Reaction method as taught by Andrews is a very good trading setup but is less known by Indian traders so am explaining it step by step.
First we draw a Multi Pivot Line : A line drawn across 3 or more pivots without touching prices in between.
The next step is to locate a previous low or high pivot point to use for drawing an action line.
Next, a parallel line was drawn to the right of the C/L, Notice that it is the same distance from the C/L as the corresponding Action line.
The Law of Physics stated by Newton that Action and Reaction are equal and opposite is applied and it works wonderfully.
One can train his eyes by drawing such set and in case of doubts/questions just ask I would try to reply.
Happy learning and wishing all mates a profitable Prosperous NEW YEAR 2018 .
Action/Reaction long good RR ratioThe stock has nicely formed parallel Channel and gave valid breakout. It is retesting the upper line from above. Today's engulfing showing buyers are emerging at this level. One can buy the stock at current level providing stop loss of low of today and can expect the target of 90. It offers a good Risk of Reward ratio.
