Self Explanatory from Chart..
The range is narrowing in TechMahindra and it may explode on either side, please refer to the chart for targets. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Swing Trading in the current Market: 1) Buy Zone: Here we can make the fresh position on confirmation of reversal from support. 2) Sell Zone: Here we can either book our long side profit or make new short position after confirmation near the resistance level. 3) Breadown Zone: When the market gives a breakdown of this parallel channel then possible strong...
There is lot of useful information for traders and investors. So not writing much in notes. May be you will have to adjust your charts to accommodate everything so no excuses for that. JJSingh
How do you read a candle? The top or bottom of the candle body will indicate the open price, depending on whether the asset moves higher or lower during the selected timeframe. If the price trends up, the candlestick is often either green or white and the open price is at the bottom. viceversa if price trends down. Why Candlestick is important? They indicate...
"Many are called, but few are chosen". Ever heard this proverb? This is certainly true for trading, in fact, there is even a rule in trading about this, the 90-90-90 rule. So what does this rule say? "90% of traders lose 90% of their money in 90 days" 😱😱😱 That's right, statistics show that 90% of people who start trading lose the majority of their money in less...
✨SCALPING TRADER :> The main advantage of scalping is the ability to gain profit from small price changes within the shortest time frame possible, which is often amplified by a larger position size. This is an intra-day type of trading which means that positions are closed before the end of the trading day or session ✨DAY TRADER :> A day trader buys and...
Understanding the process of value investing is easy. But it is not as easy to implement The process starts with screening stocks based on its history. -----Stock History: Value investing is about picking blue chip stocks at discounted price. They represent established companies which has a long history trail. Example: stock analysis worksheet does not...
Infy is trading in an upward channel with good support at the lower trend line for the last few months. We can go long with a target to the upper channel boundary.
* Inverted Head & Shoulder Pattern Breakout with High volume.
Some stocks follow some pattern magically well. I tried showing something which gets ignored very often. I marked 3 triangles and their differences and even marked the exact same difference after it broke out. Isn't it is fascinating that is exactly goes for the difference of the triangle. 2 successful triangle breakout has give us great return. Hoping for 3rd...
Note: This is for educational purpose only. There seems to be bullish bounce back from 50 EMA (acting as dynamic support), 61.8% Fibonacci level and last swing low with good volume. Similar pattern can be seen in RSI as well.
1) Cryptocurrencies: Highest Risk, Highest Return :- There are 3 main types of Cryptocurrencies in the market now which are the most actively traded – Bitcoin, Ethereum, and Litecoin. Think of this as a new version of a stock, where the underlying thesis is the idea of decentralized ownership and value. For any other currencies in the market, for eg. USD , it...
► Advance Pattern #2 ◄ 📌 I have found that some stocks follow their own pathways. These are ❝ original and unique patterns ❞ that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns. ☆ I will post the remaining patterns one by one on Sunday. For your reference, you can check out my previous studies as well....
PVR: Long Term Resistance Breakout Possibility & Ascending Triangle Sustaining 1525 is crucial for 5 to 10 percent upmove support at 1470 - 1480