Long white day candle was formed where the price is up by crossing the previous 3 days of the candle.
Control Price (ii) which is spot nifty target (11540) and resistance nearby it. Notice, many times "control price (ii)" shown its strength.
The possibility of Profit booking can be 11525-11580.
We have seen breakdown after (5) wave and fired move in downside which still unstoppable.
This channel is not much reliable target/support 11337 and Final support from measurement at 11212 nearby.
I have drawn the "FLAG PATTERN" in a chart which has still left more fall. It's a negative...
Banknifty opened at the resistance of (3) wave 27701 nearby which is at value high. This resistance pushes it toward the control value at 27463(gravitating) and (4rth) wave at value low. Looking at it seems that short declining wave can start for the target.
Above all levels are for a spot.
Fantastic real-time TRIANGLE pattern on ITC
This is NSE equity stock and all level are for equity.
This is a perfect example of Triangle and already completed 5 waves in it. Ready for a breakout. Suppose to breakout, you will get new direction with a spike.
How to detect the direction side of SPIKE(means big and surge move)! Changing in volume will provide you...
Statement (1): As per "No trading activities", the price is not going to cross above the Control Price which drew by blue color.
Statement (2): Presently, Nifty is again going to high volatile as show by Remarkable box.
Statement (3): From the timeCycle, approximately move projected by (A),(B) and (C).
As per channel, the main support is 10525 below where...
Nifty trading in the middle of the channel.
The channel, “Gravitating Price” which is from (1) to (7) is a magnetic price toward it.
There’re 3 excesses already display in the chart.
In respect of excess(iii), Nifty will create excess (iv) presented which is the expected range of 10811 to 10600.
This range of excess(iv) will strongly attract Investors...
The price is attracting toward the Gravitating Value side, which is already drawn by "a", "b" and "c". In the short time of period, how and why price again coming("d")?
At the "d" point, we've got DOJI(price rejection).
x,y, and z are the demand area from where price bounce to the upside.
The following scenario can be considerable,
1) If a price is moving...
Detected Tail: price rejection with sellers activities.
A box which was drawn after the tail is sellers area. If price surge with above it and we see the again tail will confirm of selling 28310 nearby.
I ll update later accurate target.
As per the daily chart, fall is still left but the question is where to sell?
Detected tail in the last secession.
Let's look at a smaller timeframe chart.
Banknifty resistance starting from 27777 to 28073 as per channel.
The last update was for paid customers at 27777 for sale which was below (4).
Nifty is going to...
ghstocktrading.webnode.comBANK NIFTY: WEEK-TECH-SHEET->16thSeptember2019 to 20thSeptember 2019
Bank nifty moves around +2775.95 pips from 16thSeptember2019 to 20thSeptember 2019, in which bank nifty break last week 9th September2019 to 13th September 2019 top 28126.85 as well as bottom 26993.90.
If we ignore the RESPONSIVE result and initiative move, We get the Channel. As per channel, Final support 70 points far from current trading value. But in the meantime, previously acted 10916 support. Channel Support is at 10871 nearby.
NIFTY HAS MAINTAINED ITS TRENDLINE SUPPORT POST GLOBAL FINANCIAL CRISIS. AN AMAZING OPPORTUNITY COMING TO BUY FOR LONG TERM.
SECOND TRENDLINE WHICH WAS CREATED DURING START OF MODI ERA.
THIRD ITS SUPPORT LINE NEAR 10,000
ALL OF WHICH STATES THE BUYING ZONE.
TAKE OUT YOUR MONEY START PLANING YOUR PORTFOLIO FOR LONG TERM GROWTH STORY OF INDIA
Reference of "time-cyclecle (i)", We have protime-cycle]timeCyclethe (ii) for target (4rth wave) at 11280 expected 20th AUG 2019.
The control price also can gravitate the price toward 11280, if this 3rd wave is clear.
Worry for long traders 10923 below. Suppose to break this level will create a heavy short position.