Community ideas
Is divergence a sufficient condition to take a trade?Is divergence a sufficient condition to take a trade?
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Regards,
tRex
Jurassic Park
Learn How to draw multiple trend line with live example of ACC. EDUCATIONAL PURPOSE.
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Nifty - Did You Catch The Bottom at 12088 ?Super Excited to Start This Idea with Marathi Musical Piece - Ghan Othanbun "Yeti" by Legendary Singer - "Lata Mangeshkar Ji" which compliments by Blue Microphone "Yeti". Thanks for your precious time & I wish all of you a lovely & terrific week ahead.
Trading Strategy
Plan A –
Getting an opportunity close to 12200-12225 – Buy with strict stops below 12200 once it halts & stops in this range for Target – 12315-12340
Plan B –
If stops or halts in 12335 – 12350 zone & starts falling below 12335 – Put stops above 12350 for Targets 12200-12225 / Below 12180 strictly for 12110-12125
Plan C-
Getting an opportunity in 12080 -12100 zone (if 12080 is not broken downside) then look for upside Targets – 12225 / 12350 / 12400
Plan D –
Selling from Channel Tops close to 12375 – 12400 ( Be careful in this strategy) –it is only for extreme risk takers- Downside Target is 12100 - 12120 / 11930 - 11950 / 11800-11830 / Below 11800 – 11500 & 11100
USDINR Idea to Buy above 70.35-70.50 - What a bounce from 70.70 for 71.40's (click the idea)
Nifty Last Video Idea - "Stellium Effect - How I cracked the tops at 12295" (click the idea)
basic learning of trend line support on daily and weakly chartsHello everyone, this is my first video so pardon me for not being very good speaker.
i have tried to show how trend line support or resistance works(it doesn't mean it will always work).Being a TA we have to identify these levels and act accordingly. On weekly chart if u will see as shown in video we could have easily identified the 1st target on upside and on downside we can expect from where it can bounce back.
Next video will try to show the use of RSI for better confirmation and we will discuss on other stocks too.
JUST A SIMPLE APPROACH TO SHOW YOU THAT HOW BEAUTIFULLY TA WORKS AND WE DON"T HAVE TO MAKE IT COMPLEX.
