Day 20 of DayTradingJournal: Today I did my first test of the algo that I have been trying to make. I put it live right from the morning and let it take all the trades that comes its way. Surprisingly, the algo did very well. (I think if I did manually, I might not have been so good). Learnings for today: Keep the faith on the system, it pays well. Since TV does...
The FASP for Nifty is listed for 10-04-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
The FASP for BankNifty is listed for 09-04-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
Greetings Folks, today I have prepared a setup of NSE:DISHTV on NSE the analysis is as follows- - the price started a bullish trend after breaking out of equal high's range - the price was quick to make a deep retracement, i am currently looking at this retracement as bullish confirmation - the price may not retrace much deeper this time, that's why choosing...
Greetings Folks, today I have prepared a setup of NSE:SUZLON on NSE the analysis is as follows- - the price is on a minor bearish mode - we are expecting to take a trade in reversal - the price has swept the previous low's liquidity - if the marked resistance breaks and the price retest, we can expect a minor bullish move - if price fails to do so, leave the...
Greetings Folks, today I have prepared a setup of NSE:HFCL on NSE the analysis is as follows- - the price has made a fresh bullish structure in 15 min time frame - the last higher high breakout failed, which means price can make a retracement to refuel the momentum - the buying price is set under the underlying sell side liquidity orders, if they get swept, our...
Greetings Folks, today I have prepared a setup of NSE:IDFCFIRSTB on NSE the analysis is as follows- - The price is losing the bearish strength after looking at the current market structures - good buying volumes took place in last trading day - if the price breaks out the resistance zone marked in the chart, then we may expect bullish rally don't play with...
Greetings Folks, today I have prepared a setup of NSE:IDEA on NSE the analysis is as follows- - the price was on a great bullish run - right now, the indices as well as the stocks has fallen more than anticipated - the circle marked has the highest probability of being a support now - no market falls continuously, if this is a start of bearish run, we may see a...
I think it will emulate the same movement as NZDUSD and GBPUSD that I shared a while ago. Setup risk:reward: 3.3
Greetings Folks, today I have prepared a setup of NSE:GVKPIL on NSE the analysis is as follows- - the price was following a resistance trendline and broke down due to drastic fall in index - the price is now in a minor range and we are expecting a breakout of the range - don't trade if the price breaks down don't play with fire, always use a predefined stoploss
Greetings Folks, today I have prepared a setup of NSE:GVKPIL on NSE the analysis is as follows- - the price is currently following 2 trendline as support and resistance - as the price nears the end of trendlines we may look to buy for upside - do not go for short selling the stock as the indices are very unpredictable at the moment don't play with fire, always...
Greetings Folks, today I have prepared a setup of NSE:BHEL on NSE the analysis is as follows- - the price was on a good trend but is now starting to change the bias - with the recent failed breakout, its clear that price is not in full bullish mode - we are waiting for price to decide a bias in coming days - the price can go move sideways or give a proper light...
Greetings Folks, today I have prepared a setup of NSE:SUZLON on NSE the analysis is as follows- - the price is following a trendline as resistance and is now nearing to breakout from it - the price is also making gradual higher lows indicating that price does not want to go below past swing that serves as a bullish confirmation for our trade - wait for either...
Greetings Folks, today I have prepared a setup of NSE:INFIBEAM on NSE the analysis is as follows- - the price is in a uptrend momentum right now - following a weak breakout, price is now retracing to fuel back its efficiency and momentum - as the price has returned more than 50%, its better to let the price take stable support - there are 2 possibilities,...
Stock made a huge consolidation and made breakout and now Back to Breakout area for retracement. Conservative Traders wait for Proper PriceAction and execute your trades. Always Maintain proper RiskReward. Here Maintain Proper Stoploss based on Daily candle closing Basis.
Greetings Folks, today I have prepared a setup of NSE:IDEA on NSE the analysis is as follows- - the price is in retracing mode - having retraced more than 50% , price is ready to start moving up again - i am using the support below for entry not the current range support because the price has some imbalance to be filled and just to be on safer side don't play...
Greetings Folks, today I have prepared a setup of HCC on NSE the analysis is as follows- - the price is on a good bullish trend with efficient price action - price is currently forming a triangle pattern - the trendline has been tested 3 times earlier - the price also tried to break out the equal high static resistance but failed with a wick only - now if momentum...
Greetings Folks, today I have prepared a setup of DISHTV on NSE the analysis is as follows- - the price recently broke out of a descending trendline - it created a lot of imbalance in the process - the imbalance is essential to get filled - the price is also making a bearish pattern i.e head & shoulder - trade when price break the neck of the pattern don't play...