Marked swing Points, trend lines and Fibonacci level can be used for trading along with some momentum indicators. Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters. P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk.
A dose of hopium for comitted bata bears. Short at 1295 to 1300
Guys, I went to future and I found that my great great grand children are still waiting for the Gillette breakout of 6400-6500
Correction - New Blogs can be checked on left top corner as compared to right top corner suggested over the video. Trading Strategy Plan A - Buy in 10650-10675 zone with strict stoploss below 10620 Targets - 10780-10800 / Buy Above 10800 for 10890/10925 / Above 10925 for 10985-11,000 & More only above 11,000 levels. Plan B - You can sell if you see...
guys, i think we can go to moon, but the issue is that its inverse moon.
HIGHLIGHTS: 1. Successfully hit 0.618 Fibonacci level(also the R1 of the pivot). 2. Currently hanging at the 0.382 Fib level. 3. Price closed under MA(26): 7059 - good bearish indication. 4. Hidden Bearish divergence on RSI. 5. Expecting a fall to the central pivot(6829). 6. If the pivot hold, then LONG positions can be opened till the 0.382 fib level or till...
SHORT Tech Mahindra Below 788. Target 780. SL 794.
Reduce Bata below 1250. Target 1230. SL 1256.5. Low risk call.
Sell Eveready below 202. Target 198 and 194. SL 205.
Any one knows why trading view ( India ) is so boring.
Similar to Nifty we can also see the bearish pattern in bank nifty as well. Sell range is between 27632 - 27656. Observe the price action near the range before making any short entry. Wait for the price rejection in the given range.
Hi Guys, Nifty is entering in the very crucial range(10900-11200), and how it going to behave in this consolidation range is going to plot the further trace about it. But as of now, there is a clear wave pattern formation is visible on the charts correction is still pending according to Elliot Wave theory, whether it is for the 10-year long bull run(Target around...
Nifty is likely to enter the bearish cycle. Short opportunity is at 10944 range. Please observe the price action near the range for shorting the index.
Volatility is back in the markets after a while and does not look like it will cool off anytime soon. Another series of spikes is expected which can take INDIA VIX to 25. Weekly chart of the volatility index shows the range between 16-25 for coming months. High VIX = Inflated premiums on option contracts. For beginners , India VIX is a volatility index...
crudeoil important factor for india and is going in the country's side will appreciate Indian currency and a lottt more !
People, Read read text boxes in chart body. Cheers, French Fries.
Boys and Girls, I do stuff based on the probabilities, and things which i have experienced in past. crawl towards .5 level and over bought StochRSI and RSI is never a good sign. We shall see how it pans out later. Cheers French Fries.
Looks like TVS is a plane crashing with no survivors.