#Watchlist #LINC (2W) Ready to ATH high Breakout ? Breakout will confirm above 560 1- Positive chart structure 2- Horizontal Resistance of 1900++ days 3- Weekly Resistance of 270++ weeks Keep on Radar. #Disclaimer:-View shared it for educational purposes only.
There are few things to be considered before selecting a stock for intraday such as, 1)Volume 2)Price 3)Mimicking Stocks VOLUME: Always Select a stock which has a high liquidity, which means the stock should have at least average daily volume of above 1 million (10 lakhs). PRICE: Many would not consider this as a important parameter. but it must be...
NSE:GRANULES Stocks to keep on the radar for this week 1. Granules 2. Apollo tyers 3. Pvr 4. Indus tower 5. Bata india 6. Indigo All stocks have a bearish bias and the analysis is explained in the video This is only for educational purposes only. Always trade with stop-loss. I hope you found this idea helpful. Please like and comment. Share with Your...
Hey everyone! 👋 This chart showcases a few of the Automatic Chart Patterns indicators recently announced in this blog post . If you are a technical trader who relies on chart patterns to make trading decisions and hold a paid TradingView plan, check them out. They automatically identify these popular technical setups: Bearish and Bullish Flags Double...
Gold teased bears earlier in the week by defying the bullish channel but the follow-on bounce off the $1,934-36 zone renewed buying interest in the yellow metal. However, a clear upside break of $2,000 becomes necessary for the XAUUSD buyers for conviction. Also acting as an upside filter is the aforementioned channel’s lower line, close to $2,011 at the latest....
Technical Analysis : Chart Type: Daily Chart Pattern : Inverse Head and Shoulder RSI : Above 50 Price is above 20 days MA and 200 day MA Expected target : 990-1000
I hope that after studying the series of posts about company financial statements, you stopped being afraid of them. I suggest we build on that success and dive into the fascinating world of financial ratios. What is it? Let's look at the following example. Let's say you open up a company's balance sheet and see that the amount of debt is $100 million. Do you...
Since breakout (May'22), the stock given a return of 100% and retrenched to fib level. On analysis the chart the on shorter time frame, solid strength visible for long term investment and expected target will be Rs 580. The stock was consolidating in range of Rs 219 – 260 from past 3 months, clear resistance breaks visible in chart. Golden Crossover, the...
Nifty on hourly timeframe is showing a falling wedge formation with double bottom placed at the bottom of the falling wedge channel and also a very important support placed around 16800-16850 support zone band. 20 DEMA is placed around 17400 currently and as that acts a magnet, it can't be ruled out that price is going to a move around that. This zone is also...
"Trading day, March 22: The global market indicates a neutral start with a bullish nature that may begin with a neutral to slightly gap-up. after that, If the market breaks 17878, we can expect a rally to continue. On the other hand, if the market rejects around 50%, we can expect a minimum of 38% Fib correction. If the correction breaks the 38% Fib level, that's...
5 Rules for every Stock Selection. I use these 5 steps for my each trade. These are very simple but essential rules.
Hey Everyone! 👋 While alerts have a ton of potential applications when it comes to trading, they are often underutilized because it can take some time and ingenuity to build a system where they can work well. Alerts can turn the experience of trading from a constant search for ideas - and always feeling behind - into a relaxing job of waiting for your own...
In the above chart, the price action goes like this. 1) 50-60% Fibo retracement zone - Stock after a substantial fall getting lots and lots of demand from this zone 2) Its fibo retracement - Used from a swing low to swing High 3) Its called a counter trendline - stock currently getting demand on the extended CT, as a result of breakout and bigger time frame...
Hello Traders! 1. The idea was originally published on 19th Feb and will be attached. 2. We see a break of the 25250 high as we had expected in the previously published idea. 3. BTCUSD tested 161.8% level and fell over 2000 points in a couple of hours. Not a mere resistance, it's much more than that. 4. Some consolidation is expected before we place...
Price has a habit of repeating historical pattern, as patterns are nothing but psychology of thousands of traders watching same charts. Nifty currently is showing very similar price pattern on daily timeframe which it developed in 2015-16, where previously it made a top and then was facing a resistance on falling trendline and sort of made triple/multiple tops. It...
Hey Everyone, as we all have at least traded a Diamond pattern and if not at least we have heard a lot about it but what does this pattern refers to bullish or bearish and in this post we will also learn how to trade it, where to take stoploss, where to take position in it and where and how to identify the target so pls do like and follow. Some common questions...
After a big fall of 2540 points from 41671 highs as expected in the last video published on 1st March 2023 - Are we done with the current impulse? Let us check out the simplest method of price confluence which is initial wave = final wave in the impulsive structure Wow!!! Indeed that's the case as we see over the video. 39132 could be most important low & if...
NSE:BANKNIFTY Introduction If you want to be a successful options day trader, it's not just about having a good strategy. You also need to develop your expertise, seek guidance when needed, and be dedicated to your goals. To do this, you need to be disciplined and follow some options day trading rules. These rules can help you avoid common mistakes and take...