SBI has fallen more than 50% three times in the last 10 years.
In order to find a rationale to invest, we have analyzed SBI in different time frames.
1. Demand Zone -
A demand Zone is an area where buyers dominate over sellers, there is massive buying pressure in this zone.
SBI is currently in demand zone which is around 160 to 150 levels. This...
Kinnari + Elliott's wave theory
5 + 3 = Waves
The wave A and B in both sets parallel channel and Wave C will be set of mnext 5th Wave.
Elliott’s cycle of the 5th Wave is under-construction. 3rd wave was extensive in price and after it, Two Sets of AB and C with slanting parallel channel.
-> Bottom Out: You have figured out that Wave 4 would normally retrace...
I have seen in my career, many people interested in bottom fishing but unable to do so. Either end with deep losses or Stuck in that scrip. In fact everybody wants to buy low and sell high. But do not know what price structure is saying , without knowledge gets stuck in stock. Many SEBI registered panelist on air says it is impossible to find...
In morning one of my followers who is long in axis bank and new trader , asked about my view. That time i replied on basis of bnf chart rather than axis bank. So I was worried for his capital ,therefore , spend hrs to analyze this chat for you and all who are trading long or going to invest in this bank. Please see carefully.
I have been following LT and consider it as a stock of higher returns in future. currently the stock can be found in cheaper price.
A rookie in analysis and trying to achieve mastery.
all supporters with feedback are welcomed!
Stay safe and go long
PVR Cinemas is a film entertainment public ltd company in India. (You know very younger and trend of younger)
REMARKABLE points are the following:
the primary trend is an uptrend.
up trend from 2013 to 2019 (in continuation)
retracement support @903 nearby with 38.2%
suppose, if you have seen 750 in price then fall will -64% fall from the...
currently price are consolidating with a rage. prediction, if the price crosses 238 level which is acting as resistance then there is great value in the future.
Also RSI and MACD are in favour.
best is to wait for a buy signal to know the price action or going long is best
*A rookie trying to master stock analysis
you are welcome to support or share your...
Hope all is well.
I have earned an average profit in the week with the help of a power of indicators and some other strategy.
This is the 11th to 15th May 2020 Banknifty performance. Make sure this is understandable for all.
I have received multiple comments on the last video for strategies. Basically, I am an intraday trader. I learn daily and...
Its time for the Cash Market Stock- Breakout after 5 Years
Nice and clean sideways breakout after 5 years. 650-700 is a very strong demand zone on a weekly closing basis. It will be the med-long turm trade.
Market at Equilibrium with perfect consolidation triangle
Next Breakout will decide the future
Good time to trade options
Greed Equates Fear
Neither higher demand pulling up prices
Nor higher supplies pushing down prices
Adam Smith - Invisible Hand
Alembic recently posted great Q4 results and the stock has been trading in a fixed zone since a lot of years. The stock however closed above the box for the first time and if anyone follows the Darvas Box strategy, it gives us a good signal to go long as the volume has also inm=creased considerably.
I won't be getting into the fundamentals,if anyone...
Looks like most of the large cap has already made a bottom in corona selloff.
One who follows pure support and trendlines would have made awesome entry in most of the stocks
For INFY check the chart for levels