Medianline
ONGC 15Mins - ShortTrade using MedianLine & ActionReaction LinesPlease refer the chart for analysis and trade levels.
Action-Reaction & Median Line on Nifty 15 Mins ChartPlease refer chart for analysis and trade levels.
Pitchfork and 3 Drive on Top SHORT The stock has formed 3 Drive on Top pattern and we can see the similarity at distribution Zone at top 2 and 3. It is also touching the upper Median line thus giving a good entry for shorting the stock. Those who could afford the stop loss of 745 can short it now and expect a target of 650.
Delta Corp: Ptichfork Point to Higher pricesCouple of pitchforks are displayed in the chart. Both of them seem in sync with price, the magenta one being more appropriate. Am looking to buy this one for short term spike to recent highs. AS always do your homework, assess the risk and position-size accordingly.
Hindalco: Will It Clear Upper Parallel?After being rejected at the blue upsloping medianline, the red fork now seems to be in play.
Nifty: What-If ForkAm having this downsloping fork as a What-if candidate. This gives me a better perspective and a balanced view. Check annotations in the chart
