Cholamandalam Investment has formed a good Inverted Head And Shoulder pattern with good volumes. The stock is also moving in all time zone so it can be bullish. I expect a breakout and then a retest. You can add with small quantity at breakout and remaining after retest as usual.
So the price action concept is:
had been falling till Mar 2020 since 2017. since 2017 we saw a steady fall till Mar 2020.
1. Since Mar 2020 , it kind of went into a consolidation between 63 and 31 levels.
2. Now let's look at the structure. The entire fall can be condensed into a downsloping channel. There are two upper trend lines . Both have been tested at...
Disclaimer-:
1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED.
2. Do ask your questions in the comments if any.
Volume Profile-:
Using Volume Profile one can identify probable accumulation or...
Disclaimer -:
1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED.
2. Do ask your questions in the comments if any.
NSE:SRTRANSFIN used to consolidate for a very very long time between 700 and...
Disclaimer -:
1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED.
2. Do ask your questions in the comments if any.
Volume Profile -:
Using Volume Profile one can identify probable accumulation or...
Disclaimer-:
1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED.
2. Do ask your questions in the comments if any.
Volume Profile-:
Using Volume Profile one can identify probable accumulation or...
Disclaimer-:
1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED.
2. Do ask your questions in the comments if any.
Volume Profile-:
Using Volume Profile one can identify probable accumulation or...
Disclaimer-:
1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED.
2. Do ask your questions in the comments if any.
VOLUME-PROFILE-:
Can be used to identify potential accumulation or distribution...
Disclaimer-:
1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED.
2. Do ask your questions in the comments if any.
Volume Profile-:
Using Volume Profile one can identify probable accumulation or...
Disclaimer-:
1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED.
2. Do ask your questions in the comments if any.
Volume Profile-:
Using Volume Profile one can identify probable accumulation or...
Disclaimer -:
1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED.
2. Do ask your questions in the comments if any.
Volume Profile -:
Using Volume Profile one can identify probable accumulation or...
Using Volume Profile one can identify probable accumulation or distribution regions by comparing the historical Volume at Price and current Volume at Price. Most of the times a breakout/breakdown from the region confirm accumulation or distribution.
In GUJGASLTD since the rally began, current volume levels are comparable to previous volume levels when previous...
THIS POST IS ONLY FOR KNOWLEDEG PURPOSE ONLY ,BEFORE INVESTING ACCORD TO MY VIEW KINDLY CHECK YOUR CAPITAL RISKS WITH YOUR FINANCIAL ADVISERS. THANK YOU
MY VIEW ON BANK NIFTY FOR THRUSDAY EXPIRY AS FOLLOWS
BANKNIFTY FOR 04 FEB 21
1.IF OPENS ON GAP UP AND GOES UP TO 35940. THEN CROSSES 35000 FURTHER TO 35130-175
2.IF COMES DOWN THE 34525 THEN SHORT THE BANK...
I think, everybody understand how can trade bank nifty for scalping
How can set indicator parameters
RSI 14
RSI 7
VOLATILITY STOP 5,2
VOLATILITY STOP 5,1
CONNORS RSI 14
NIFTY IS SELLLING ONLY AFTER BREAKING THE POINT INSIDE THE SPHERE.WITHOUT BREAK DON'T SELL.
CHART ONLY USED RESEARCH DEPARTMENT99% SORE TECHNICAL SERVER OPRATER CHART.
THIS CHART ONLY USED HIGH PROFESSOINAL LEVELS.
