This stock has shown almost aligned wave counts from weekly to daily and from daily to hourly and right now its in correction area of some lower degree wave counts macd on hourly chart momentum negative cross done on hourly Price under and below RK's stopline in daily Price made neutral candle under and below 20DMA in daily Most investors treat...
Hello Traders! 1. Today, we will discuss the basic market movement structure, elliotically . A recent comment on one of my ideas published pointed (indirectly) towards the need for a basic understanding of Elliot Waves for the general trading public. 2. The market moves in consistent impulsive and corrective structures . Waves 1, 2, 3, 4, and 5 together form...
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Double Top BreakDown done Heavy Buildup within range/neckline Price below 200 EMA Breakdown done / might Retest TF-1D Wish you Happy & safe Trading. Trade as per your own RISK Please Note: I am not SEBI registered analyst. My studies are for educational purpose only. Please consult your financial advisor before Trading or Investing. I'm not responsible for...
*stock has created a inverse pattern on daily chart *on weekly basis currently the stock is trading above the supply zone of 153-154 *if we close above 155 we will confirm pattern break *it opens up the stock for a positional target of new life-time high *initiating a positional trade in Ashok Leyland ASHOK LEYLAND CONDITIONAL BUY -WAITING FOR A WEEKLY CLOSE...
SGX nifty indicates a positive start. The market nature is moderately bullish. It may start with a gap-up. After that, if the market takes a minor correction, that's a sign of pullback continuation, it will reach 61 to 78%. On the other hand, if the market rejects sharply around 61 to 78 then we expect correction continuation. It should break fib level 38%.
Reliance Industries Stock Analysis Reliance Industries Stock created a Double Bottom in Daily & Hourly Timeframe and also trading at Important Weekly Support. 2310-2325 is a good Buy Level with 2295 as Stop Loss. Targets are 2387/2450/2469.
Today we are going to look at the second of the three main reports that a company publishes during the earnings season, the income statement. Just like the balance sheet, it is published every quarter and year. This is how we can find out how much a company earns and how much it spends. The difference between revenues and expenses is called profit . I would like...
Hi all, hope you are trading well. It’s been a long time since I last posted. Apologies for that. 🙏 With all the buzz floating around Adani and let's see the charts from a technical perspective using supply demand, market structure, and basic S/R. Please note that I am not a fundamental analyst and hence not concerned with the underlying working structure of the...
NIfty has given breakout on the downside from the consolidation zone and moved towards 17500, took support there and finished the week at 17600. It is highly unlikely that downside is over and that it may open with a gap up scenario even if global cues are positive. A flat open is not tradeable as Nifty might move to upside or downside and no way of knowing what...
A clear harmonic pattern has formed on DTF on Kotak Bank. The buy, Target and SL Levels are as mentioned below XD - 78.6 - 88.6 level - Great level to buy. Targets: 1st Target - Level B 2nd Target - Level A 3rd Target - Level c SL - 1600 Leave a comment on any suggestions or feedback and happy to discuss the same.
Hey everyone!👋 In this article, we'll dive into market structure, providing insightful examples to enhance your understanding of this concept. Please remember this is an educational post to help all of our members better understand concepts used in trading or investing. This in no way promotes a particular style of trading! Market structure is a basic form...
HAPPY REPUBLIC DAY 🇮🇳 Today we will study ratios for analysing any banking/ non- banking stock. Key Ratios are - 1. Net Interest Margin (NIM) 2. Provision Non Performing Assets (PNPA) 3. Loan to Assets Ratio 4. Return on Assets Ratio (ROA) 5. Capital Adequacy Ratio 6. Gross NPA 7. Net NPA 8. CASA Ratio 9. Cost to Income ratio ...
In the stock market, if you are not inside, you are outside. I expect all those reading this article wants to be inside the market. So, if you want to participate in the market then you must develop a deep insight into the key market players i.e. your competitors who drive day to day movement of the market. Key Market Players:- The following are the three...
Concept Volume: (1): We have got a clear uptrend till now (pls check the example shared) until a good volume (red) candle comes out of nowhere, as mentioned - (1). This is the first sign of weakness in the trend, long positions need to be trailed after that, one should avoid creating long positions. & high of this zone could be monitored serious turning point...
Hello Traders! 1. The previous count wasn't respected by the market. So we had to check for a new count . After re-analysing the Nifty 50 market, we realised that it is the Wave C of the correction that is in progress . 2. We have a major support of 15300 . That's where we expect the market to be soon. An overall fast, impulsive movement. 3. The only ...
BALKRISIND Key highlights: 💡⚡ ✅On 1D Time Frame Stock Showing Breakdown of Rising wedge Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breadown target of 1800-. ✅Can Go short in this stock by placing a stop loss above 2260+. ✅After breakdown this can give risk:reward upto 1:10+.
NSE:BANKNIFTY1! As we all know market moves in phases What are those phases? A primary bull or bear trend consists of two phases, specifically Accumulation phase: if the market rises after consolidating, we say that the consolidation represents accumulation (buying activity). Distribution phase: if the market declines after consolidating, we say...