Hello Fellow Traders,
During these highly volatile times(due to corona), We doesn't know what direction the market moves.
We highly expect it to move downwards, but to our surprise, it may move upside, which has happened TODAY.
Thus, trading should not be a guessing game. It has to be based on the overall market sentiments. How the overall trading community is...
Hello Fellow Traders,
I have created a trading strategy on BankNifty based on Market Internals - Advance/Decline Volume and TICK
These Market Internals, also known as Breadth Tools helps in identifying the overall market sentiment.
Just doing some technical analysis on Price action doesn't provide good results.
Price action along with Volume gives a meaningful...
ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->05th August 2019 to 09th August 2019
Bank nifty moves around +1213.25 pips from 05th August 2019 to 09th August 2019, in which bank nifty break last week 29th July 2019 to 02nd August 2019 bottom 27936.35.
BANKNIFTY breaks down after a short period of consolidation. Apparently, price action is showing a Bear Flag pattern, which is confirmed with a close below 30,530. Target of the pattern comes in at 29,330.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or...
