NSE:TVSMOTOR Building Up for Bull Run. Wait for BO above 770-780 Zone Target - 950 - 1080 - 1260 Stoploss : 630 Price moving in upper band of PithFork projection. RSI showing strength Golden Cross Over in Weekly Time Frame Good Buying Volume
Venkeys formed bullish kicker candle on above average volumes, right on the lower parallel line of the pitchfork and looks set to breakout above the recent consolidation range. Stock is above 150 & 200 SMA ✅ MACD and RSI are A-ok ✅ CMP 3060. My Short term target 3780 (or maybe i'll trail until it hits the median (center) line depending on the strength shown) SL...
$NIFTY Andrews Pitchfork If crossed and stay above Median Line Nifty may see level of 10550 - 10600 in near term. Updated on June 21 2020, 9:30pm, Disclaimer: Only for learning purpose
The median line on andrew's pitchfork has a high chance of being hit once a fork is formed and moves significantly toward the median. The last time it swept the range of the triangle and made a pitchfork it hit the median line at the same time it hit the bottom of the triangle. With the most recent triangle range sweep the median line is below the bottom of the...
Disclaimer..Not invested, not an investing/trading recommendation
Disclaimer...Invested, not an investing/trading recommendation
Please refer the chart for analysis. Thanks.
Please refer the chart for analysis. Thanks.
Please refer the chart for analysis. Thanks.
Please refer the chart for analysis.
Please refer the chart for analysis. Thanks.
Please refer the chart for analysis. Thanks.
Please refer the chart for analysis and trade levels.
Please refer chart for analysis and trade levels.
Although 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...