The global market is marking a negative start. My opinion is, that it will be a minor correction. Once the minor correction will over, then we will expect the rally continuation. (17200 & 17000) & (37500 & 37000) is a strong OI support.
If you have been in the market for some time, you may have heard of an indicator called the “moving average”. Today we are going to take a deeper look at the indicator, along with a few examples of how pros use it. This post will also lay the groundwork for future posts about more advanced moving average topics. Please remember this is an educational post to...
After split the stock has rallied, almost 12% which now has put the prices at resistance zone (106-110) which was acted as a strong support. The zone is around 106 - 110 -------------------👎🏻👎🏻👎🏻 Some bad about this stock 1) prices trading below 200 day moving average. 2) Price corrected recently 45% which is huge. 3) The volatile metal prices, making business...
Price action only to watch. Having buy bias as seen in chart Aggressive entry CMP till moving average. SL - candle close below trend line. (entry 850, SL 840) Conservative entry near next channel bottom and demand zone. SL - below zone. (entry 825, SL 815) In both cases, SL is 10 points. Target 30 points. ---- No trade in case of huge gaps.
Hi This is my first video idea on this website and this is about adding watchlists. I have tried to keep things raw and simple so that everybody understands it. There might be some other methods, of course, for this purpose but this is the one that I prefer to use. This method works in India and I have taken reference lists from the NSE India website. Excuse me...
Options (Index & stock) have been double edged sword. In the hands of experienced traders, it has resulted into multi fold growth of capital but at the same time for beginners or new traders, it has been capital killer. Over the last 5 years, I have had opportunity to speak to hundreds of traders most of which have lost their hard earned money by trading options....
Hello Friends, In daily chart of BN there is a possibility of 5000+ points decline. Wave counts and logic behind this is already explained in chart with upside break even point. Kindly do your own research also before taking the trade based on this analysis.
STEPN (GMT) Price Prediction 2022 The above chart of STEPN (GMT) laid out an Ascending triangle pattern, The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breakout at the resistance...
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...
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...
ICICI Bank looks bullish and is trading above the 200 day moving average. Can see a upward move to 840-870 in the short to medium term. The neckline of a double bottom pattern at 756 can act as a support, however, if that breaks 733 is the next support zone. If 733 fails to sustain on the downside then a move below 700 is possible. Always plan your trade with...
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...
If the history repeats itself we are in for another big fall in BITCOIN . When BTC came down to it's major support zone , it consolidated and made a Bearish Flag 1. Once the breakdown happened, it fell almost as much as the pole of Flag 1 and made a low of approximately 17500. I have drawn 4 blue lines (Support 1-4) - all supports taken from the weekly chart...
#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
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...
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...
Nifty closed under 16k, Banknifty under 35k, as Reliance and HDFC Bank dragged the markets. What's your view for tomorrow's expiry?
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...