Disclaimer... invested and averaging Not an investing/trading recommendation
After oversold levels volume could increase a bit and if breaks the lower trend at the morning(if continues to break the below support line of 0.75 paise go short) and it regains to reverse and show some bearish movement and then it was getting bullish to go for long seeing white candles and taking a profit by .1.5--3 points,and then it may returns to bearish...
Eilot wave formation on recent candles (based on CLOSE) which suggests on 26th June, market should close around 10830 (10824 is resistance level) This analysis is confirmed by HIDDEN DIVEREGENCE seen on STOCHASTIC graph.
Seems that sunpharma has completed wave 4. Expecting an upside.
Everything is explained in the chart
Everything is explained in the chart
Market commentary: 1. The wave "X"(blue color) is in progress.In that the intermediate is also in W,X,Y formation. Mentioned in redcolor. 2. The wave "X" could be either running flat or expanded flat. If it is running flat it has reverse before the wave "W"(redcolor) expanded means it has break the wave "W"(red color). 3. Understand the correction...
This is the perfect example of Momentum but you can not trade only on momentum, You need to combine all price action tools for analysis like Trendline,Support & Resistance zones, Price patterns etc. If you are a price action trader then you have to trained yourself to locate this type of price action movement.i am doing the same thing again n again and it helps me...
This is the perfect example of Momentum but you can not trade only on momentum, You need to combine all price action tools for analysis like Trendline,Support & Resistance zones, Price patterns etc. If you are a price action trader then you have to trained yourself to locate this type of price action movement.i am doing the same thing again n again and it helps me...
Explained everything on the chart. Reaons for buy 1- Sell momentum Slowing down 2- Divergence 3- Trendline Break 4- Bounced from Support 5- First HH
NO NEED TO EXPLAIN MUCH. AFTER COMPLETION OF WAVE 5 WE WILL see NICE CORRECTION IN FORM OF WAVE TWO of bigger wave 1 from 6400 to 10400-10800 any suggestions?
Tata Global seems to be starting a new up wave.
Everything is explained in the chart
A master key, which can open several locks while each lock would also open by its own unique key- I mean by individual piece of analysis. 50 points back to back which was followed on the post. 19:04 Hrs 31st May 2018 Day High@275 Last Price@270 Trading with me 21st/22nd May 2018 It all started with the idea Trading with me 21st/22nd May 2018 which...
Hello Fellow Traders, Last price - 269.50 - 11:43 Hrs IST Good Morning! Review of last update Knock - Knock ! 259 - As suggested if holds ( no buy position below 259 ) it came close at 260 & moved twice upside to 269-270 zone. You miss me - I shall come back again Last Idea - SBIN / Auropharma - Trading with me 21st / 22nd May 2018...
It looks like Maruti is about to start Wave-V of the Elliot Wave (1hr candles) It is worth trying a long position because the SL can be just a few points below May 30th low 8572... say 8560. If it dips below that then the Wave structure visualised in the chart is not valid and has to be adjusted. Even those who trade in futures are risking only about...