Lets see what are the possibilities for comning days in nifty Bullish View as we can see Inverted H&S in weekly and daily TF, As projected in the Chart above and below. Lets not forget that we have All time high near by and anything might happen at this point, So we will consider bullish only once the high is broken and retested and sustained....
AUBANK Key highlights: 💡⚡ 📊On 1W Time Frame Stock Showing Reversal of Symmetrical triangle Pattern . 📊 It can give movement upto the Reversal target of Above 660+. 📊There have chances of Breakout of Resistance level too. 📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 880+. 📊 Can Go Short in this stock by placing stop loss...
Price has shot up in a narrow channel and facing resistance at key levels. Price has tested this resitance thrice and looks like now is in a position to break this resistance to give a upmove of 15 %. Risk Reward & Stop loss mentioned in the chart.
Hi, I personally look for following scenarios while identifying potential tops and bottoms and it works most of the times. For tops: High volume bars with very little progress on the upside Exceptionally wide bars with very high volume For bottoms: High volume bars with little progress on the downside Exceptionally wide bars with very high volume This...
Trading & investing is not easy. If it were, everyone would be rich. One of the most difficult moments for all traders, and especially investors, is when markets are abnormally bearish, trending downward or in a direction that goes against their positions. Adding to that difficulty is when volatility is rising and when uncertainty is high. These events have...
#Watchlist #ASTERDM:-CMP 265 Looks Good Above 270 for Target 290/320++, 238 below closed (View Invalid) :) #Disclaimer:-View shared is for educational purposes only.
NSE:SIYSIL 478.05 1. Strong Support zone formation between 405 to 430 2. Reversal from support with strong volume and price 3. You can consider the current pattern as a double bottom 4. Resistances near 560-600 5. Support near 440-450 #TechnicalAnalysiswithMrChartist
Definition of a Gap:- - Gap is a space left behind by a script in its price chart. - It is the area of discontinuity price in the respective script. - The reason may be anything but generally it occurs due to sudden changes in the sentiment of the market due to some events or news related to the particular script. Types of Gaps:- 1. Common Gaps - These...
Here in this video, I discuss with you a losing trade which I took today and what we can learn from it. I also share with you important things regarding gaps , and how a beginner is always trapped in reversals and why it's profitable to stay on the current side of the trend. Follow @piyushrawtani if you find this video helpful .
Hey everyone! 👋 Last week, we wrote about the "Rounding bottom" pattern. If you missed last week’s post, you can catch up here: Today we are going to cover the "Rounding top" pattern along with a few examples. 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...
Volume Analysis Series Part-3 How to read volume , How to combine volume with candle and how to read sudden volume hike before taking trade.
How Fibonacci extention and time zone works How the powerful combination of Cycles + Statistics can provide amazing RISK:REWARD ratio trade
NSE:TFCILTD BSE:TFCILTD Time Frame – Weekly Note – Sharing chart before weekly closed. So, wait for weekly closing. Observations :- * Trendline breakout and weekly 200 SMA breakout done with huge volume candle * Price trading inside the high-volume mother candle (Range 76.70 – 60.05) * Trading in symmetrical Triangle pattern breakout above 77 * Price...
Timeframe: 8h Price started to form impulsive wave C after Bajaj Finserv completed correction wave B. There is also the possibility of altering the count with W-X-Y. Wave (b) retraced 50% of wave (a), which signals intense supply pressure. If the price breaks wave (a) at 1621, traders can sell for the following targets: 1594 – 1569 – 1549 . Calculations are...
Nifty's rally from Mar '20 topped out on 18/Oct/21 at 18594 (near month futures contract) - almost a year ago. Since then we can clearly see a sideways move that has gone within the earlier range for almost a year. One can see the subdivisions tracing out a complex W-X-Y correction. The upmove from 15676 starting early Mar this year topped out last month at 18123...
NSE:HPL 95.05 1. Cup and Handle Pattern (Jun 2018 to Oct 2022) 2. Strong volume in last 3 days 3. Price is strong and upcoming level to watch 130-160 4. Support near the 70-65 level
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
Is Bitcoin ready for a 24K$ Pump? The above chart of Bitcoin ( BTCUSDT ) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower...