,NIFTY 50 EOD ANALYSIS 06-12-21
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 17209.05
H 17216.75
L 16891.70
C 16912.25
EOD -284.45 points / -1.65%
India VIX...
RSI is also known as God's indicator because of it's ability to spot reversals better than other indicators.
Traders use divergences in RSI and price instead of just RSI's value to strengthen their analysis.
In this chart two types of divergences are displayed.
1) Bearish Divergence.
2) Hidden bullish Divergence.
Bearish Divergence
When the price making higher...
Why this Trade..??
1.Head & Shoulders Pattern(Depth is still Pending)
2.Market Sentiment
3.Trading in a Falling Path
4.Next Support 16690 is yet to reach
Buy or Sell based on the Support Break with Volume
This Analysis works for sure!!!
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before...
Why this Trade..??
1. Trading in a falling Channel
Buy or Sell based on the Support Break with Volume
This Analysis works for sure!!!
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Here you can see that there was a rising wedge pattern on daily time frame for BTCUSDT which broke down nicely and currently is at support line. This is time to buy. There is falling wedge pattern on daily time frame which is yet to break out. So, trade accordingly. I think it is a bullish divergence.
You can see why my analysis is so accurate by analyzing RSI...
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Tata steel is range bound.
Near term target is 15% around 1300.
If it breaks the trendline then future targets:
T2: 1380
T3: 1488
T4: 1533
RSI and MACD are gaining momentum. Very favorable risk : reward setup.
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
Why this Trade..??
1.Broadening Triangle Pattern
2.Bearish Flag
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
GMR Infra Heikin-Ashi Bullish Trend Reversal Candle Pattern
GMR INFRA TECHNICALS bullish candle pattern seen on daily timeframe chart
Hiken-Ashi bullish green candle with no pin bar at bottom continuation of doji candle forms a bullish pattern after consolidation.
BUY @41.30
Extremly Bullish chart pattern very short term target 44-46
stop loss 37 for short...
#Colpal has been testing 200 EMA on weekly timeframe since it's inception and always bounces back, there's no reason this time should be any different. One can accumulate it here and for new ATH. This is not a momentum trade and it will take probably few weeks for uptrend to resume, till then accumulate. If Weekly closing is given below 200 EMA and low of that...
