Get started

Priceaction

A Price Action based Technical Analysis on Tata MotorsInvestors can start to accumulate Tata Motors from now on with every dip. Current market price is 77.95 and nearest Trap Zone is at 64.50. There is a Bullish Channel and a Wolfe formed in it. Ideally it should take the price up to All Time High. As per Harmonics, a Pattern which is close to Bullish Bat is getting created in the Chart. This should send the price up as well. For Price Action Traders and Demand & Supply Traders, the Levels or Zones are not good, so they can try a Confirmation Entry. This is infact, a little draw back for this setup. A Long Trade is suggested. But before price goes up, it will definitely try to stop out the Retail Traders and Demand & Supply Traders. That is the way they love to change the Trend. A Price Action Trader will wait for a PA signal to get into this Trade. Short Term Target will be approx 250 to 300 and Long Term Target should be beyond 600. Disclaimer: The Waves drawn are imaginary and hence the real waves might be little different. This is not a suggestion for trading. If you wish to trade, you can at your own Risk. This is for learning purpose only. Prosenjit Ghosh holds no responsibility for any loss occurring to you by trading this setup. This complete analysis is based on Technical Analysis.
NSE:TATAMOTORSLong
by Prosenjit
8
Inverted head and shoulder | ERISinverted head and shoulders pattern formation in stock price is resisting at neck line of head and shoulder pattern once price breaks this resistance of supply zone price expected to move upward Stock successively running in down trend making lower higher and lower lows but here trend is trying to change where it created peak of low and reverse back and again try down attempt but its over in small move price changes to up side and creating higher high and higher lows this is how head and shoulder formation created. Price down by 5 times when it comes to supply zone but this time at supply zone price not getting down but also sustaining at it higher level so we can see buyers are winning over sellers will see breakout once price breaks the blue zone drawn on chart
NSE:ERISLong
by ProfitPicks
LXCHEMLXCHEM:- Wait for the breakout of the stock, if there is a breakout then we can see upside movement. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:LXCHEMLong
by AjayDhakad_Keep_it_simple
NIFTY50: (THE BROADER PICTURE) HEY FAM, - As you see in the pictorial representation of NSE:NIFTY , the index took an upsurge at around 13th June, 2023 with a gap-up opening which happens to the level of previous month high (PMH). - Moving on we also see a PEMA crossover with an initial retest of price at Monthly H3 (MH3) level which shows that monthly responsive players are in action now when the price takes the first support from marked zone that is -> (PMH - MH3) - Now in the same week we form a Weekly high (PWH) at around 19th June, 2023 which you can see comes in a beautiful confluence with the level of Monthly H4 (MH4) thus making it a hot level on the upper side which is why the line is marked as 'orange'. - Fast forward to this current week, we have a reference that the index has a responsive range of around 210 points which is clearly marked on the chart too. - This week beautifully shows the fight between the weekly and monthly responsive players trying to break through from the responsive range and thus open gates for their respective initiative players to race towards their range targets. NOTE: I hope you understand the broader picture now and can also testify how simple things can be if you just connect the respective dots from multiple pivot timeframe. So, I think that this information through a brief pictorial representation helps you in further projects and the same time shows you one of the way you can use PIVOT STUDY WITHOUT EVEN APPLYING ANY INDICATOR!! Let me know your thoughts upon this publish in the comment section. THANK YOU
NSE:NIFTY
by PivotMinati
11
ALKYLAMINEALKYLAMINE:- The stock was moving in a parallel channel, has given a breakout of the parallel channel taking support at 2451 level, watch the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:ALKYLAMINELong
by AjayDhakad_Keep_it_simple
BAJAJELECBAJAJELEC:- Wait for the breakout, plan something only after it, almost after 1.5 years the stock will give breakout Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:BAJAJELECLong
by AjayDhakad_Keep_it_simple
4