I daily make educational content videos for swing / positional trading
I make educational content videos for swing / positional trading
Date 28th Feb 2024 MACD showing HL while Price A. Showing HH, This Indicates Sellers are Exhaust. but still can't make new Higher Low in Price Action, means buyers are in Command now.
I make educational content videos for swing / positional trading
Good candle and formation BO done. But there is a resistance (dotted green line) yet to be dealt with. Once this is crossed, higher levels become a possibility. SL is always to be followed strictly (red line). --- --- --- The first and best victory, for good traders, is not the money; it is to conquer the self.
Hii all! 🌟 Get ready for an exciting swing trade opportunity with NMDC Ltd #NMDC 📈 Leveraging the powerful combination of trendline support, Fib retracement, and a bounce off the 50 EMA, NMDC is setting the stage for a stellar upward movement. Our meticulous analysis, including multiple timeframe scrutiny and momentum indicator support, reinforces the bullish...
I daily make educational content videos for swing / positional trading
I daily make educational content videos for swing / positional trading.
I make educational content videos for swing / positional trading
Analysis: The chart of NOCIL on TradingView presents a post-breakout scenario, offering potential long entry opportunities but also demanding cautious consideration. Let's delve into the details: Current Price: ₹290, surpassing the key resistance level of ₹285 marked by the orange line. Breakout Confirmation: The recent surge past the resistance zone,...
The Nifty 50 is currently trading at 22,196.95, up 0.34% from the opening price. The intraday high was 22,215.60, and the low was 22,045.85. Technical Analysis: Overall Trend: The medium-term trend is upward. The index recently broke a resistance level, indicating a positive signal for the short term. Moving Averages: All major moving averages (5, 10, 20, 50,...
Analysis: The chart of Natco Pharma Ltd. on TradingView depicts an intriguing post-breakout scenario, presenting both potential long entry and cautious approaches for traders. Let's dissect the situation: Current Price : ₹1026.50, well above the multi-year resistance level of ₹921.10 marked by the orange line. Breakout Confirmation: The recent surge past...
Analysis: The chart of Parag Milk Foods on Trading View suggests a potential multi-year breakout opportunity, offering a long entry chance for traders. Here's a breakdown Current Price : ₹280.55, above the key resistance level of ₹260.50 marked by the orange dotted line on the chart. Breakout Potential : The price is attempting to break above this critical...
Analysis: The provided chart of SMS Pharmaceuticals (SMS Pharma) on TradingView reveals a potentially lucrative breakout opportunity. Let's break it down: Current Price: ₹145.45, comfortably above the multi-year resistance level of ₹136 marked by the blue line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume,...
Possible HnS pattern is being formed in the weekly and daily time frame. However, the price must close above 165 for the pattern to be validated, opening up the possibility of 250 - 270 price levels. Strict SL of 119 should be taken. --- --- --- There is always more to be learned from price action than from news !!!
I daily make educational content videos for swing / positional trading.
I daily make educational content videos for swing / positional trading
As Nifty has been trading in the range 21500-21750. Now, tomorrow is a BIG BUDGET 24 to be announced. If we look at the charts: The market is trading on the resistance level while completing the inverted HNS pattern, which increases the probability of the market going bullish. But unless the market breaks to the upside, don't go for option buying....