HEIKEN ASHI Strategy: 1.INTRODUCTION (WHY HEIKEN ASHI CANDESTICKS) Often trading on the trend gets difficult due to price action that makes trader exit trades early. (USELESS NOISE FORMED BY TRADITIONAL CANDLES) This mainly happens due to impact of one single candle or bar on Trader’s ability to hold positions. Through Heiken Ashi Candles , this problem is...
Bullish movement in this stock after monthly chart pattern breakout was stopped by weekly chart pattern breakdown
Recap Market structure is simple and a basic form of understanding, how the markets move. The Price Action is how the market moves based just on price, without the consideration of trends and how they may continue. But the market structure is focused mainly on the trend. The market structure is formed using swing highs and swing lows. You may have already heard...
Only for Educational purpose. This stock TCS is right now in good area where buying could be initiated, we have noticed that the price is right now at lower point of parallel channel in daily time frame, where demand zone is also co-incidentally matches and 200DEMA is also at same level of that area zone, but its not confirmed yet to go long, if any type of...
Quess Corp is moving in narrow range. After drop in volume. Volumes are picking up week on week basis. Price is sideways in 980 & 840 Range. Basically Stock is in contraction phase, which will be followed by expansion phase in which breakouts occur. Drop in volume is a sign of big move. As the buyer n seller fight has settled & the price will move in the...
Double Bolliger band Strategy : Tried to put in best easy way in the chart and simple explanation below : What we need : Two Bollinger Bands 1. Length 20 and StdDev 1 2. Length 20 and StdDev 3 Confirmation with indicators should be in same trend with candle stick trend 1. RSI (For trend identification) 2. Stoch (Entry and Exit confirmations / Overbought and...
Separating Lines ============== Its a rare 2 candlestick pattern. Basically a continuation pattern but sometimes can also be seen at the end of a pullback. In an uptrend, you will observe a strong bearish day with poor closing but next day the stock opens at the open of the prior bearish day. Thus it negates all the bearishness of the previous day and forces...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Hello All, I have brought in another good set up. SRTF has broken it's consolidation range. Prior to the breakout day the volumes were building up and the breakout candle has witnessed the largest volume in the last few months which is a good sign. Now how to trade it: First of all do not let FOMO overpower you to take a trade in haste. Observe the price for a...
Idea is self explanatory... In weekly chart stock is giving breakout with good amount of volume. I have provided SL along with 3 targets. Keep in mind book partial profit with every target and 3rd target may take time with few consolidations. Note: I'm new to technical analysis, do your own maths. I'm open to new ideas and flaws in my analysis, so please do...
SIYARAM SILK Cmp 451 dated 22.10.2021 1. Rounding Pattern on chart BO @ 455. 2. H&S Pattern BO @ 455. Buy for a tgt of 530-570-650-725-790 Shorterm SL @ 390 Long tgt Stop loss @ 350 It is just a view, pls trade at your own view.
Bharat Petroleum --> BPCL --> Bharat Dynamics--> BDL--> Bharat Electronics--> BEL--> Bharat Heavy Elecrical Ltd--> BHEL --> Bharat Earth Movers ltd--> BEML --> Bharat Forge--> Bharat Gears--> India Cement--> Indian Hotels--> Indian Rail Catering & Tourism Company--> IRCTC --> Indian Energy Exchange--> IEX --> Indian Tobacco...
gujgas cmp 635.20 trade set up : buy above 640 keep stop loss as 584 targets : 660/686/699/730/759/783++ technical setup: 1.bullish harmonics pattern 2.trend line 3.triangle 3.bullish engulfing candle 4.volume increase at breakouts
Hello traders, RVNL is near to 14 month old consolidation breakout, don't miss this railway stock. all the details are mentioned in the chart. don't forget to like and share. it motivates me to post more super setups like this. below setups in related ideas are those which we caught move as big as 120%. check my other ideas to get to know about all the...
The probability of a breakout getting failed is much higher than it's success rate.(A STOCK AT REST TRIES TO BE AT REST AND THE ONE IN MOTION TRIES TO BE IN MOTION like NEWTON's First Law Of Motion) But breakout trades are the most rewarding trades in stock market. So...if there was a method to find out a high probable successful breakout then it would have been a...
This is the monthly chart of BATA India. In this we can see that there was a bull run from December 2016 to March 2020. It came down slowly to form a falling wedge pattern and also a double bottom pattern from Mar 2020 to June 2021. It gave a good breakout of the falling wedge or flag pattern in July 2021 and the momentum continued. Here we have not used any...
The chart is self explanatory with all the levels marked. Enter at 2538 keeping a SL at major support i.e.2452 and we may see targets of 2722 (ATH) and more. Also observe an RSI bullish divergence. DYOR!
6th / 7th Oct2021 The index topped at 17882 this morning was a perfect behavior for the last leg downside in an irregular triangle updated in TradingView Author status / Last idea (add on comment). 6th Oct2021 – WaveTalks: Nifty-Irregular Triangle: ( Stops Above 17890 ) Irregular structures are those which is surpassed in the next leg as it happened for...