nifty looks to be retesting its level. i have given 2 break out stock for tomorrow
Definition:- As the name suggests pause candle is the candle formed in between the trend, the change is usually opposite the trend i.e. if the underlined script is moving in an uptrend then the pause candle will be of negative change and the color will be red and vice-versa. The pause candle indicates a pause in fresh positions by market participants and an entry...
There are many traders out there who trade trend lines. Mastering trend lines is not easy as it seems, with experience things changes with your perception about Trend Lines. What I learned from my experience is that it is important to find a trend line, but it is more important to filter it so that, we can trade only the potential opportunities. Here I do not say...
Hello Friends, here we had shared just an observation on correlation between NIFTY and DXY which are clearly showing opposite directional runs from last couple of months, also we are assuming the wave counts on both, which are suggesting same patterns ahead along with good support by this correlation, this increases good chances of winning probabilities of our...
What is divergence? Divergence is a method used in technical analysis when the direction of a technical indicator, usually some form of oscillator ‘diverges’ from the overall price trend. In other words, the indicator starts moving in the opposite direction to the price and the trading oscillator signals a possible trend reversal. Once divergence appears, there...
NSE:DCM 84.85 1. Descending Triangle Pattern formation 2. Breakout with strong two candlestick and volume 3. Next level to watch 90 and this is horizontal resistance and if price is able to break this level we will have fresh breakout 4. Support near 75 level. #TechnicalAnalysiswithMrChartist
Dabur India gives a super bullish move today and gives a strong breakout above strong resistance and closed above too but somehow I missed this move so what I am expecting now is that it will give a breakout retest on it's breakout zones of 580 levels so that could be good opportunity to enter in this stock with the target of 602 and 626 and the stop loss will be...
Very good Technical analysis learning chart for beginners 1. Schand is showing flag breakout retest an continuation pattern on daily TF. 2. 206 May act as major hurdle. If it crosses 206 with goo volume it may see 250 which is weekly resistance. 3. Volumes nees to be built up for uptren continuation. 4. short term traders must keep strict SL below 176.
Hey Everyone! 👋 We hope you’re enjoying Black Friday week and have helped yourself to some of the great discounts we are offering. We only do this once a year, so it really is the best time to get a plan! Now, let’s jump into today’s topic: Alerts. While alerts have a ton of potential applications when it comes to trading, they are often underutilized because...
The global market indicates a positive start. the market nature is neutral to slightly bullish. if the market breaks the previous day high, then we will expect a rally continuation. On the other hand, if the market breaks the previous day closing price, then we will expect the range-bond market to correction continuation.
Let's break down the thought from the previous post in more detail. Obviously, to buy stocks, you have to have money, and if you are determined to become an investor, get ready to open your piggy bank. If you don't have savings, however, don't despair, there are other options. I suggest you look at the following 4 options for acquiring the finances to buy...
If you have been in the market for some time, you may have heard of a study called the “Volume profile” . Today we are going to take a deeper look at volume profile, along with a few example strategies. This post will also lay the groundwork for future posts about more advanced volume profile topics. Please remember this is an educational post to help all of...
Hcl Tech stock has been in a downward channel and currently the price has already come out of first lower high of the channel & second lower high is the target. Check the video and manage your risk. Cheers, priceNpedia
I have made efforts in Explaining long term and short term analysis i have also made efforts in explaining how to identify the trend and stay with the trend irrelevant to news or any ongoing incidents One can look for Googling the Methods on Trading ranko and get a grip before taking the decisions Good luck
Trend indicator macd for SAIL is turned negative now on daily time frame, also with price closed below 20DMA along with follow up seen in today's session, price retraced up to 50% Fibonacci level of recent fall and turned back towards south. Also, possible Elliot wave counts are suggesting correction is pending ahead, if our counts are going correct then price can...
Hi 👋 In this post I would try to throw some light on the Price & Wave Volume relationship (popularized by late David Weis). This method may help trades in two ways: 1️⃣Ride the trend 2️⃣Picking the end of a rally I came across this chart randomly and found that there are a few principles that I can discuss with the help of this chart. Before reading any...
hindpetro : 209.20 trade set up : 1. buy range 208 to 210 2. stop loss 196 on closing basis 3. targets : 215/ 225 / 238 / 245 / 266+ technical setup : 1. midpoint parallel channel support trade 2. falling parallel channel 3. fibonacci 78.6% reversal 4. trend line support 5. value pick 6. support & resistance trade
Hi all, hope you guys are doing well. It’s been a long time since I last posted. Apologies for that. 🙏 In this post, we are going to see how we can combine different indicators/concepts to create confluence zones and find high-probability trades. Introduction A trade that has a greater chance of success than a regular trade is called a high-probability trade....