Educational Video : Triangle Pattern Unfolding Realtime Triangle is an Elliott wave pattern seen during sideways market consolidations, it is composed of 5 corrective sequences. Triangle presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility. What Next? Thrust...
IEX is looking good above 134.50 above a day close for the target of 142 and 148 levels with the stop loss of below close from 129 levels on daily candle basis, Rest all things I mentioned in video. NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk 𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
Market Live Analysis and sector analysis for today.
Hey everyone!👋 In this post, we'll delve deep into market structure, presenting insightful examples to enhance your understanding of this concept. Introduction: ✅ Market structure is a framework for comprehending the movements and behaviour of markets. In layman's terms, it is a basic form of understanding how markets move. ✅ It can be seen as the flow of the...
#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...