As your time spent with the market increases, you start to discover things about the nature of the trading game. Why they say its simple not easy. Why do 95% of traders end up losing money? Why is consistency so difficult to achieve? Can I even make consistent profits? Only after going through huge drawdowns, it gets embedded within your psyche. You realize that...
APLAPOLO Long (01 Sep) RSI- 52 Buy at CMP- 1010 SL- 945 Target- 1120, 11165 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
"Volume and Price" Trend Relationship📈 Price Up and Volume Up ✅ The volume trend has supported the uptrend movement. Therefore, we can look for buying opportunities. Price Up and Volume Down ✅ The volume trend has not been supported the uptrend movement. Therefore, we can exit our long position Price Down and Volume Up ✅ The volume trend has...
THE INTRODUCTION As you all know the waves always moves in zig zag fashion, either it moves up or it moves down, but the pattern always remains same i.e. Zig zag. So, the most important question is, with which method one can define the trend or some meaningful pattern, which can help anyone to plan his trade & other opportunities. There are multiple technical...
Hey everyone! In this post, we are going to talk about different types of charts that are used in technical analysis. 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! Charts are used to illustrate change in prices over...
Tried to capture Elliott Wave Theory Patterns:- Elliott Wave Theory is named after Ralph Nelson Elliott (28 July 1871 – 15 January 1948). 3 Cardinal Rules of the Elliott Wave Theory Rule Number #1: Wave 3 can NEVER be the shortest impulse wave Rule Number #2: Wave 2 can NEVER go beyond the start of Wave 1 Rule Number #3: Wave 4 can NEVER cross in the same...
Asahi India Glass-Cup and Handle Chart Pattern Breakout Daily Time Frame-Entry Zone-600/625 Expect a Target-800/830 Stop Loss-530.only Education Purpose.
VCP - Volatility Contraction Pattern by Mark Minervini Levels are mentioned on chart, please wait for close above resistance line. Disclaimer: I Am not SEBI registered
Bandhan Bank : Good Ascending triangle breakout observed Long above 298 with SL 293
Flag and pole Breakout in Hikal in hourly chart Supporting to our previous analysis in the day chart (Parallel channel breakout), here we can see flag and pole breakout in 1hr time frame. which suggests there is a high chance of continuation of uptrend. To know more refer below link of daily chart BSE:HIKAL
#Bandhanbk cash -Positional call 24 Aug 2022 Looks good above 297.50 and dips 288-290 Stoploss 280 Target 314-315/340 Cmp 295.75
Hey everyone! Last week we talked about the basics of derivatives and what all different derivative instruments are available in the markets. In this post, we will talk about the types of people who use derivatives and why they exist. There are broadly three types of participants in the derivatives market: → Hedgers → Traders (also called speculators) →...
Hi all, hope you guys are doing well. We retailers spend a lot of time in searching for that "holy grail" in trading. The majority of the time our search is centered around different strategies. However, in my opinion, "Strategy is overvalued whereas risk management is undervalued" . A chart can be analyzed in different ways by different traders. A trader...
Rising wedges or Ending Diagonal ends the ongoing trend. This is not a call. Trade on your own risk please. Thank you
What I have tried to explain is Nifty complete cycle structure: cycle (1): wave 1, has been completed @1380 (sept 94) wave 2, has been retraced to@ 810 (nov. 98) Now against there is a good impulse ended 1816 (Feb 00) but next wave retraced below the origin of wave 1 (this could be sub cycle) sub cycle wave 2 got completed 847 (oct 01) link: Now sub cycle...
Himadri Speciality is forming flag & pole Pattern in a daily chart frame. If today's candle close above 88 range, then we can see a clear breakout and it should confirmed by next day candle. After this breakout stock will test 93 range first, once it break 94 range, it has a potential to reach 112 range as per the pattern. Ideal SL will be below 78. Wait...
#Affleindia cash -Positional for 2 months 11.08.2022 Looks good around 1120-1140 Stoploss 1050 Target 1280-1300/1500 Cmp 1185
Hi, This idea is about the very promising ABC pattern and the most optimal ways to enter into this pattern. ✅ABC Pattern This is considered as a continuation pattern. There has to be a strong trend up/down in the background. Wave A: Minor correction against larger trend, usually not more than 5-10% Wave B: Another attempt to push the price higher but could...