AUD/JPYAUD/JPY for short position.
Let see the picture. pastionaly in use multime frame analycins D1 to M15.
i never use indicator because indicarior is a bed habit.
Multitimeframeanalysis
What is Trading in the zone | Example with trade Idea I daily make educational content videos on financial markets
BBTCBBTC has been consolidating for a long time and trying to go higher. Let's see what happens in the coming days, but I think some smart money is buying the stock now. If we can buy here, we can make a good profit
ashok leyland 15 min frame the chart represents bearish rectangle pattern in smaller frame target 142 to 141
Wipro near a break down (26/09/22).Wipro has been consolidating in a range and is forming a double bottom pattern on the weekly time frame.
The stock has closed below its 200 ema (weekly chart).
The whole IT sector has been in a consolidation phase and is near its recent low.
On the daily time frame, stock has given a negative candle and retested its levels of 400.
Confirmation points.
1. Closed below 200 ema (on weekly time frame)
2. Started trading below 400 level.
3. Head and shoulder pattern on daily time frame.
If the stock closes below 392 level on hourly time frame, a trade can be initiated.
Target :- 386.5, 374
Wait for the stock to close below the levels. A price action is must to enter the trade.
Bank Nifty (Neowave Forecast)NSE:BANKNIFTY
Hi Everyone
This is an chart of Bank Nifty where we are in a bullish trend which has been extended.
Currently we are in L series in which we have completed 5 wave structure in M series, but rally has been extended and we are again in M series.
Completed wave M1 and we are in correction of wave M 2. We likely to go up as long as we are above invalidation Level.
Coming soon features.
1) An Neowave Library
2) Video Updates
3) Education series
Thank You.
If you are an our new subscribers, you wondering what is L and M. Kindly see the below chart and click on it to view it in details.
TRIL #Watchlist
#TRIL (M):-CMP 51.95 Looks Good above 55, Ready For Big Blast :)
#Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
HINDCOPPER - Bullishness?HINDCOPPER has given a trendline Breakout and also Resistance Breakout with Good volume in D1 Timeframe. It took support from Multi-Year Trendline which was broken in Feb 2021. One can go long with 50% quantity above day high and wait for a retest opportunity to enter with remaining 50%. Keep your Recent swing low and Trail.
Note : HINDCOPPER is going to release their Q2 Result on August 13.
Disclaimer :- I'm not a SEBI registered analyst. This all are my personal view. Information given is for educational purposes only. Do your own analysis before investing.
90% UP IN 2 MONTHS; TARGET 350%Explained this stock 2 months back in my videos on my channel. Given 90% till date. Target is on the way. Let's wait for the target.
Exit 50% holdings on 100%.
Intraday Price Action Indicator - Multi TimeframeHi,
Success in the stock Market without good Tool and Guidance is Challengeable.
Here is the Indicator which is very user friendly and effective for intraday Trading. Please checkout the Signature tab and Join the link if you need this.
Details of the Indicator:
Method of Trading – Intraday, Positional or Swing – Indices, Stocks and Commodity Markets
Golden Zones : When two or more indicator levels are confluences at one price point which will act as Strong Support and Resistance in the Market. That is called Golden Zone.
CPR & Pivot (Daily / Weekly / Monthly) – Based on the previous Timeframe values, it will automatically calculates the Support and Resistance values for the upcoming Sessions.
BUY / SELL Levels (W-Refers the Weekly levels) – Possible Reversal in the market we can expect at this price level. Depends on the Time frame (Daily/Weekly)
Bull BO / Bear BO (W-Refers the Weekly levels) – Possible Breakout level, If breakout happens price will move to reach the Target 1 and 2 Points based on which side the price breaks ( BULLISH / BEARISH ). We can initiate our BUY/SELL Entries.
Target 1 & Target 2 – Once the Price breaks the Breakout (Bull BO / Bear BO) levels, it will try to reach the Target Points where we can book our profits.
Tomorrow Levels - This will help us to enable the next day trading session Support and Resistance Levels in advance to do pre-analysis to prepare for the Entry and Exits.
Colored Candles : Lime Green and Violet colored candles will indicate the Possible Trend Reversals.
Triangles : Orange and Violet triangles will indicate the Confirmation of Trend Reversal.
BUY / SELL Signal – Considering the momentum and the Trend change it will suggest the possible entry time.
Dashboard :
1. Weekly Trend : This will indicate how the current week trend is going to be – Trending / Sideways
2. Today – Current Session expectation in the Market ( Bullish / Bearish )
3. Sentiment – Indicates the Traders mind set (Positive/Negative Side)
4. Range - This will indicate how the current Day trend is going to be – Trending / Sideways
5. MB / MA Trend – This identifies the major trend (Is the Stock / script in Up Trend or Down Trend)
6. Other Parameters – Will indicates the present situation in the market
7. RSI Values – This is to know and understand the momentum of the particular script
All you need to know about Caplin Point | Technical, FinancialI daily make educational content videos on financial markets
CROMPTON #Watchlist
#CROMPTON (W):-CMP 395 Looks Good Above 410 For More Upsides :)
#Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
nifty intradaynifty sell below 16179
for the target of 16125
for intraday purpose
16200 PE buy side only above 150 for targets of 165
All you need to know before Investing or Averaging in Hdfc BankI daily make edcuational content videos on financial markets
TIMETECHNO Breakout Candidate#TIMETECHNO
#C&H and Horizontal Line BO
#Buy 110-116
#Target 164, 194 & 233
#Stoploss 95 WCB
ASAHIINDIA breakout of pennant patternIf we take a look at weekly chart of ASAHI INDIA GLASS, it is going in smooth uptrend. In daily chart, it had formed double bottom pattern on weekly support trendline. After breaking out of this trend reversal pattern, the neckline was retested twice. While retesting the neckline, stock was forming pennant pattern in hourly chart. Today it came to apex point of pennant and price went upward sharply on the back of volume. So swing traders can find opportunities to enter this stock on pullback. Target price of Pole and Pennant pattern is coming around 540. Add this stock in watchlist without fail.
ACCELYA may reverse it's downtrend.ACCELYA Solutions Ltd. A small cap IT company catering to Airlines & Tourism Industry. Toady it came up up with good quarterly results. Stock has been in a short-term downtrend. Now price has reached it's weekly support trendline. Also if we go back to MAY-JUNE 2021, we can see huge volume around this price. In daily time frame stock has formed a pattern similar to double bottom. On hourly chart symmetrical triangle has formed and price is inching towards narrower range. On 15 minute chart in the last trading session, we have seen a buying with volume. Considering all these factors, I believe that smart money is interested in this stock around this level. Long term investors and swing traders can keep this chart on radar.
YESBANK - TREND REVERSAL PATTERN FORMATION NSE:YESBANK
=Rectangle formation after a bear trend indicating short term trend reversal.
Yes bank has witnessed a very long bearish downtrend.
Yes bank has taken a support of lifetime low and its is consolidating heavily around that zone for more than a year
Have given a breakout from rectangle formation on daily timeframe with volume spike.
This might give follow up move in some time
Take small quantity above 15.25 for a swing trade and keep accumulating more on the breakout test zone.
# Have discussed how to trade rectangle pattern refer it for more detail.
Hope you found this helpful and I sincerely hope you find a ton of good rectangle formations to trade-in!
Happy Trading!
GANGESSEC#GANGESSEC (W):- CMP 143.15 Looks Good For More Upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
HALDear Traders,
HAL has given a good volume breakout this week. Also, ut closed above the trendline so good momentum can be expected next week. Moreover, it is a multiyear breakout and also sector is reputed so you can add this stock in the list. Thanm you guys.
Daily chart looks interesting thinking of buyLAURASLAB is in weekly demand zone. In the daily timeframe if a marubozu candle is formed today it will set some bullish momentum. If in the coming days it shows some weakness with small red candles then buying around 475-460 with stoploss of 439 for target of 518,544,570 seems good RR trade.
VRL Logistics✔️ VRL Logistics
🔹Breakout with volume
🔹expecting a good movemnt
-promising chart
🔹our first entry at 420 range
here is the second opportunity
🔹Company is expected to give good quarter
🔹Company has been maintaining a healthy dividend payout of 67.55%
ABOUT THE COMPANY
VRL Logistics is engaged in logistics services dealing mainly in domestic transportation of goods. Other businesses include bus operations, transport of passengers by air, sale of power and sale of certified emission reductions (CER) units generated from operation of wind mills. The operations of the Company are spread all over the country through various branches and transshipment hubs.(Source : 202003-01 Annual Report Page No:132)
🙏Study the chart then Invest
