Price has shot up in a narrow channel and facing resistance at key levels.
Price has tested this resitance thrice and looks like now is in a position to break this resistance to
give a upmove of 15 %.
Risk Reward & Stop loss mentioned in the chart.
Here in this video, I discuss with you a losing trade which I took today and what we can learn from it.
I also share with you important things regarding gaps , and how a beginner is always trapped in reversals and why it's profitable to stay on the current side of the trend.
Follow @piyushrawtani if you find this video helpful .
I get queries from a lot of people who don't want to study technical analysis much.
They're just focused on getting a predefined trading strategy, which they can use effectively in the market without looking much at the charts .
So, in this video, I share a strategy which has been given really good results and it works a lot of times and I believe the...
Plan A : Price is still below the trend line resistance and sustaining 688 - 692 will make the price to move towards 696,702.
Plan B : Near by resistance 700 - 704. Price should sustain this zone to move to 710, 716 and 722.
Plan C : If price shows bearish strength below 686 - 690, then price will move to 682,677, 672 and 666.
Note : Understand the trend strength...
How to Find Pattern Targets correctly. Many people miss the basic points while calculating target from patterns as per text books. I have explained how to calculate targets and how i do it for myself.
Balkrishna Inds Cmp 2007 dated 7-9-2022
1. Trendline support @ 1950
2. Falling Wedge Pattern BO @ 1915
Buy above 2015 for a tgt of 2040-2065-2100-2150
2240 SL 1950
It is just a view, pls trade at your own risk.
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...
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...
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.
