Hello everyone, I have tried my hands to explain Kennedy's Channeling technique (KCT), In this video what I have explained is: ZigZags ( Internal pattern & concept of channel) Flats (Internal pattern & concept of channel) Impulsive waves (Internal pattern & concept of channel) & a Example Please do comment what you guys like about the video & scope of...
After breakout above 210, the stock is in a consolidation zone, with price retracement along the 21 day EMA. Expect price to move up after crossing the 270 level. Stock is in an uptrend and above key moving averages, with a strong relative strength and volume activity. Always keep your stop-loss defined before you initiate a trade. Note: This is a personal...
Silver had broken support trendline and closed yesterday below 20 day moving average, which is clear sign of bearishness ahead. After bounce from lower end of falling channel it got rejection at upper end of falling channel, also RK's Momentum turned in sell mode, all other trend indicators like macd, rsi etc. are also suggesting same bias, According to wave...
All rules of Leading diagonal is followed in Nifty. The correction may be deeper in case of Leading Diagonal, generally the retracement for a diagonal is supposed to be in the range of .618 to .786. The range between 15400-15600 is a good zone to accumulate. Long may be initiated near the rectangle shown. Please do your analysis before opting for a...
Details on chart just for study purpose. Don't jump on trade in advance this is just forecast so relax. In case Nifty breaks 0.618 Fibonacci and goes below 16000 then can consider dip started this has low probability. DISCLAIMER: There is no guarantee of profits or no exceptions from losses. The stock and its levels discussed are solely...
#Watchlist #M_MFIN (W):-CMP 202 Looks Good Above 215/220 For More Upsides :) #Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions. #StockToWatch
Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory...
Hey everyone! 👋 Alerts are a key trading tool that every trader should know how to use. Check out this quick guide for more information and some secret tips! What are alerts? TradingView alerts are immediate notifications you can set for yourself when the market meets the custom criteria you create. For example, "Alert me if Nifty crosses above 16000". All...
Nifty closed under 16k, Banknifty under 35k, as Reliance and HDFC Bank dragged the markets. What's your view for tomorrow's expiry?
Why It is hard to Hold a winning position. ? ---------------------------------------- Suppose You took a trade ,bought 100 quantity at price 100 , with a SL : 80, and Potential target of 120, Now what happens it goes up to 105 (you think your analysis is good let us wait) Then it come back to 100 went further down till 90 (you thinks it is ok we have to give it...
Nifty > SGX Nifty indicates a positive start, but the global market does not support it. My opinion is that the market may take a pullback, but it won't sustain. If the market sustains the top, we expect a pullback continuation.
Nifty Trade Setup for 13 JUL 2022 Nifty is bearishly aligned for the day and at this point of time is expected to open with a gap up around Bearish Reversal Zone. Any rejection trigger from Bearish Reversal & compromise of CPR we can expect Nifty to test the Bullish reversal zone & S1 & may be lower targets as marked. Any Rejection from R1 on opening we can...
The best way to find the type of trader you are is to see the capital curve,(or equity curve) over time into your trading account. Over time it may increase or decrease depending upon your performance but the way it is increasing and decreasing will give you an idea of where you are going, towards a professional trading or still in the 95% of crowd, who overall...
Type :2 Fear of losing If you’re going to be a trader, you’re going to lose money at some point, and in case you are still in the phase of trying to avoid all losing trades and searching for a “Holy-grail” trading system with a 75% strike rate, you should forget about all that right now. As cliche as it may sound, losing really is part of winning as a trader; the...
Different types of emotions, questions, doubts arises in our mind when we see our capital depleting overall , we see a big portion of our capital is gone now ,we left with very less compare to initial capital. _________________________________ Different concussions made by different traders _________________________________ 1) They loss because of manipulator ,...
Hey everyone! 👋 This post is just for sharing knowledge about Future and Options strategies, First of all, one should build view (bias) on market direction, it may be bullish, bearish, sideways, or there may be some events too, like budget day or quarterly results seasons or may be something else, once view is built then what are the ways to apply futures and...
Hey everyone! 👋 Do you know that you can add images to your TradingView charts? That’s right! We have prepared this visual guide to help our awesome users customize their charts by adding images! Sounds good? Let’s get started. 🚀 There are 2 ways to add images to your charts: 1. The good old copy-paste method 2. Using the “Image” upload option Method 1:...
Nifty next Level : Resistance - 16170 -16200 -16325 Support - 16000 -15930 Nifty seems Bullish for Next week but need to wait and watch Friday & Monday session. i am assuming flat opening for tomorrow then will see Reversal from Resistance area which is 16170-16200 towards 16000 level.