Confluence occurs when multiple ideas or strategies are used together to form a single, coherent idea or strategy.
concept behind the above mentioned trade is
The horizontal support trader, trend line support trader and 50 Ema support traders will push the market up
When is the right time to enter the trade
We have to wait for the current minor trendline to...
HDFCAMC has been stuck in a triangle since Feb 2019. It has been consolidating ever since and has now finally broken the upper resistance trendline of the triangle.
This I believe is a good place to go long. I have three major reasons for that. The first being pure price action i.e. a breakout with good volumes. Second, the stock has...
ENTRY, STOPLOSS AND TARGET MENTIONED IN CHART
TRADE SET UP BASED ON:
1. CONFLUENCE TRADING
2. FALLING WEDGE
3. COMPANYS PROFIT IS IMPROVING OVER YERS AND DIVIDEND ISSUED TO THE SHARE HOLDERS IS ALSO INCREASING
Net Profit Mar 2019 (248Cr) Mar 2020 (404Cr) Mar 2021 (458Cr)
Dividend Payout % Mar...
Entry stop loss and target mentioned in the chart
Trading idea based on:
Ascending parallel channel
Simple minor downward trendline breakout
Its just my point of view, Please recheck and enter the trade with proper risk management.
This is a long-term analysis for the telecommunications giant - Bharti Airtel .
There are two primary market trends in the broad perspective :
2. Accumulation/ Distribution.
The accumulation phase is the boring phase , when smart investors accumulate positions and get in early. the uptrend/mark-up phase is the euphoria phase when the...
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👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point,...
Gold against Dollar may give some rest for bulls, for last few weeks this pair have been aggressively bullish, but 1840 area which is very crucial zone for this pair may have some retracement before the price goes up towards 1920 area in the coming month ..
Analysis only for education purpose
Gold against US Dollar weekly analysis, post election first week analysis shows a bullish view like last week also , this pair looking to go high may be till 1975 - 1980 mark this week, but first few days of the week may see a down side almost it has a chance to touch 1925-1930 price range, then it has all the chance to go up against weaker dollar in...