Trader
SBIN, At ResistanceThe greater the price action of higher time frames, greater is the possibility to go towards the directed movement.
Stay humble
stay focused
work hard.
Axis bank, weekly fall indicated.Weekly charts are really amazing to predict the future movement as there is very less noise. Might go incorrect but feel some rejection towards upside and if appropriate price action shows up, maybe a correction can be seen.
Nifty at golden ratio.Nifty tends to finally break and just flow in turbulence to finally feel resistance near the golden fib ratio, thus, its really important to identify it and predict what can happen next.
stay tuned.
stay blessed
stay humble
work hard.
Reliance IND - Bearish EngulfingBullish engulfing at Resistance,
twoconfluences already to go with the trade. :)
Kotakbank upside?Again, if indices has bullish views in coming near future then definitely strong upside can be observed form this point.
NIFTY, An IMPORTANT WEEK.In my previous analysis about nifty, i have a perspective of bearish market for weeks and month but now, this week is really important because the price has touched that level several times, resisting, going down, again taking control on naked unnaked zones, and in the end not giving up breaking above.
Thus, this week is really important. I prefer waiting for appropriate priceaction setup on any levels, on going down or obviously going above.
stay humble
stay blessed
stay happy
LT, Higher timeframe: SELL!A dragon fly on weekly timeframe clearly indicates downfall?
Dragonfly observed on daily BajajAuto.
HindUnilever, NEGATIVE DIVERGANCE!Well, i personally trust and trade divergences just too much. In forex, i see opportunities 60% based on divergences. Divergences accuracy is directly proportional to the time frame.
Daily chart has been uplaoded, and this one goes on weekly.
Banknifty, Short?Bank nifty respects price action perfectly a lot of times.
BankNifty looks flawlessly bearish with Nifty looking bearish as well.
workhard
stay humble
stay blessed
NIFTY, Predicting downfall?When the price formed left shoulder it had enough buying power at that time.
Thus, it can be speculated that if there is no buying power, the price has rejected a lot of times to break the resistance of right shoulder.
Find shorting opportunities, even many scripts are looking bearish at this point.
workhard
stayhumble
stayblessed
Tatachem, Shorting can be seen.TataChem, struggling to range between the two trend lines formed, i personally would like to short.
Maruti, fib educational contentYou can see how the price actually respected the fib's,
Anyway, whenever you see price coming towards the ratio, do not enter blindly, wait for appropriate candlestick formation.
SBIN - Great educational contentRemember, to prove the point that trading is not gambling you need to understand that to prove certain points, you must have solutions ready with you.
In this field, particularly in the example posted above, you can observe that there are several confluences you can spot to gobearish on the fno and earn handsome percentage aka points. Money is secondary.
All the three confluences has been linked on the picture. kindly observe that the gravestone doji has been observed on lower time frame resistance followed by the given points.
stay humble
work hard
stay bless/
ESCORTS, predicted fall.The price was giving higher highs with bearish momentum.
finally the price was a doji to indicated the downfall.
the other day broke the initital lower support and closed below it
the next day, the low of the above mentioned candle opened our trade and a sweet fall towards downside is observed.
RELIANCE, Great educational content Break up above the triangle leads to a very good movement.
PS,didnt take this trade, it is purely an educational content.
SUNTV Great educational content.What a breakdown after breaking the support.
what now?
A pull back to retest?
a continuation downside?
ESCORTS: BUY @ 665.5 SL @ 645 Target @ 754ESCORTS has a renewed interest in FNO with twice the volumes. However since NIFTY can be sideways, I will be taking ESCORTS in CASH Market NOT FNO.
Buy @ 665.5
Stop-Loss @ 645
Target @ 754
Please consult your financial adviser before investing
EYES ON ETHEREUM : SCALP CHART PATTERN IN SHORT/DAY TRADINGIn ethereum charts, am expecting a downfall in short term. shorting here can be good for profits. check charts and you will get an idea of what exactly can happen.
hdfc (housing finance) trade setup!!! fallling knife OR??MondaYI expect the stock to open gapdown and test the levels of 1760 -65 once and then rise above ,
thus will like to go long with sl 1738
aand positional tgt
1847 ++ in 2-3 days .
