how price action work
shorting auropharma at 467
sl 482
trg 450
logic market never move in single it has to take pullback or called retracement
if you have any querry or your opion kidly ask
Based on the daily timeframe analysis of Ethereum (ETH), we can observe that the cryptocurrency is currently facing important support and resistance levels. If the daily candle closes below 1681, we may see a pullback to the Fibonacci retracement levels of 0.382 and 0.5, which are located at around 1400. This area could serve as a significant support level, where...
Key Points:
- On daily chart strong Bullish breakout momentum seen with potential of 15% rise from retracement price of Rs. 153
- Resistance breakout @ 153
- RSI > 70
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Volume is above VMA
Bhav is “ Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any...
Hello Traders!
1. We see 3 consistent higher highs formed with no retracement broken .
2. Sell Below The Red Line .
3. Stop may be updated if the market breaks high before our entry is done.
4. I'll be posting a full tutorial on the 3 Highs setup during the coming weekend.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
Asian Paints Ltd does not need any introduction. With Market Cap of 2,69,000 Cr and a legacy of pre -independence foundation in 1945, the stock is all time favorite for for both retail and Institutional buyers.
Currently the stock has just reversed from its downtrend and stands @ 2833.60.
The chart has already tested the support @ 2820.10 which is our stop...
To take a short trade on BTC using a 4 hour time frame, you can use support and resistance levels along with a Fibonacci retracement tool to identify potential entry and exit points. Once you have marked your entry point and two profit targets on the chart based on Fibonacci ratios, it's important to have a risk management plan in place, such as a stop loss order,...
Chart prediction is on Monthly charts and long term view if it follows this pattern
Similar to Wipro even Tech Mahindra is probably making diamond chart pattern.
The Fibonacci retracement support is taken at 78 percentile and consolidating since couple of months.
The Long term target in 1 to 1.5 years is 2000+
Go long once the stock closes above 1165 on...
A Detailed analysis of TCS for Medium term Hold (1-3 months): CMP 3558
The Chart has broken down the long-term resistance at 3485, however, the CUP formation is yet to be completed. Once the CUP is formed at 3815, which certainly is our first target, the Chart will show some correction and price action to complete the HANDLE formation as displayed in the chart....
The FASP for Nifty is listed for 17-02-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
The FASP for Bank Nifty is listed for 17-02-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot...
Stock is rising in an impulsive manner on the lower degree time frame and is likely to form a five wave structure on the higher degree time frame which will be a base building for the next higher level. The current structure suggests that stock has already concluded its 3rd wave and currently retracing back in a wave-4 which is likely to conclude in the region of...
An ascending scallop pattern is a bullish continuation pattern that appears near the top of an uptrend. It's characterized by a rising price trend, followed by a short-term retracement, and then another rise to form a higher peak. This creates a scallop shape on a stock chart.
Currently the price of Rose is trading in the range of 0.08373, If pattern continues it...
Hello mates sharing daily chart of NIFTY for that it seems that it is leaping (bouncing) form present support zones which presently I am mentioning as support zone earlier it was a resistance zone so we can say this is somehow an example of support and resistance (Demand & Supply zone) RSI indicator is started giving some reversals or retracement signs so we can...
Bitcoin now is in uptrend, but 4H chart clearly says that it is in inverted H&S pattern.
so as an investor, i will wait up to the retracement level to invest more in bitcoin.
If you are a trader, you can focus on more sell, if you are an investor wait till it comes back to shoulder zones.
Thank you
15 Feb 2023 2130 Hrs.
1. US and Europe are looking bullish.
2. Asia is mixed with Nikkei looking neutral and Kospi looking bearish.
3. HDFC Bank is looking bullish but is losing momentum. ICICI Bank is looking bullish. 877 is 50 % retracement and may act as resistance. if 877 is cleared, next tgt is 896.
4. Reliance is looking bullish. It has sp at 2403 and...
The FASP for Nifty is listed for 16-02-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
