Homework from lesson about the tradable patterns - 27-01-22EUR/USD - Monthly
Hi everyone, this content is about what I'm learning from the market and is not investment advice. For study purposes only.
In the lesson we learned about tradable and non-tradable pattern and market structure. This review is for practicing the concepts and learning from my studies over time.
My direction for this pair in long term view based in my analisys: A DOWN MARKET.
Trend
HINDUSTAN CONSTRUCTION COWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Deccan Cement AnalysisHey there, hope you are doing well.
Here's my analysis, for safe buying only above 661. I will be bullish when any candle sustains above the Green Line.
If it break 606.15 then, more down fall can be expected.
I am not a SEBI advisor, am only a trader.
Hope you like this.
Thank you and stay safe.
#Niftybank Intraday Support and Resistance Levels - 13/01/2022This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis .
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Expiry Jackport... for banknifty
Rising Bull 💯
#risingbull #trader #ashishgendle #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
HCCWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
my views on sjs the chart looks good today, by the day end if it close above 390 we can take that for btst and with the tgt of 414.90/429/438 these price can be seen in the upcoming sessions for btst we can keep a tgt of 414 and take long position, with the sl of 380 you can adjust according to your risk apatite, cmp is 393 so it sould close above 390 for this amazing more.....
trade with your own risk, there are just my view on this stock and personally i am also holding these stock for long term, my buying price is 352 around.
Can We Skip to the Good Part ? Trend Reversal ?This is Daily Timeframe.
For last 6 months, Shyam Metalics is in downtrend.
Downtrend was smooth, but things changed after the Mid-December.
It rejected downward move by forming a hammer candle on 20th Dec. 2021.
After this, it started showing some strength, formed bullish candles with volume support.
Then after small retracement, it again formed a hammer candle
and then formed bullish candle(28th Dec.) with good volume.
This is the breakout candle that gave breakout
from the falling wedge pattern.
After breakout,
consolidated and formed a small range and
today it gave breakout from that too with volumes.
These are strong indications that the downtrend that was going for almost half year is to an end.
This post is for information purpose only.
GREAVESCOTWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Morning Mantra, 7th January 2022Good Morning!
What a wonderful day it was Yesterday!
Yes, it was wonderful in a way that we had got to witness how nifty traded within its predicted range of the two crucial support levels of 17800 - 17630 respectively. As it made a high of around 17797 and a low of 17655 approx, yesterday itself.
Moreover, as it’s a last trading day of the week, it would be suggested to stay Cautious, in fact to wait and watch for either a breakthrough the level of 17630 or a crossover of above the level of 17800 by the index. As somehow only after that will we be able to decide the Market’s New Trend.
However, there’s nothing to fear much as of now as the Market’s sentiment still seems to be positive as per the chart setup. Hence, we are still with our words to Stay Cautious and to be Stock Specific.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Clear chennel pattern in Bandhan bankBandhan bank making lower lows and lower highs (swings)
getting support on lower level and also resisting higher side
forming regression chennel pattern on daily chart
recently it touched down side trend line and made bullish candle stick pattern
agene it can be consider for buy side from here
AARTIIND SWING TRENDAARTI Industries Ltd. is a holding company, which engages in the development and manufacture of specialty chemicals, pharmaceuticals, and home and personal care intermediates. It operates through the following segments: Specialty Chemicals and Pharmaceuticals. The Specialty Chemicals segment offers benzene, sulphur, and toluene product chains. The Pharmaceuticals segment focuses on active pharmaceutical ingredients, custom synthesis, and contract research. The company was founded by Chandrakant Vallabhaji Gogri and Shantilal Tejshi Shah on September 28, 1984 and is headquartered in Mumbai, India.
Aarti Industries Limited manufactures and sells specialty chemicals and pharmaceuticals in India. It offers di chloro benzene, nitro chloro and nitro benzene, nitro toluenes, sulphur, and other organic and inorganic products that are used in the manufacture of intermediates with applications in agrochemicals, pharmaceuticals, polymer additives, fuel additives, FMCG, dyes, pigments, paints, printing inks, rubber chemicals, resins, and other speciality chemical applications. The company also provides active pharmaceutical ingredients, which have applications in anti-hypertensive, anti asthamatic, anti-cancer, anti thalassaemic, analgesic, ophthalmologic, and calcimimetics; central nervous system agents; and skin care and decongestant products. In addition, it offers intermediates; and xanthine derivatives, such as caffeine anhydrous, theophylline, aminophylline, acephylline piperazine, choline theophylline, doxofylline, DMAU, and theobromine derivatives, as well as contract manufacturing and research services. The company also exports its products to approximately 60 countries in North America, Europe, China, Japan, and internationally. Aarti Industries Limited was incorporated in 1984 and is headquartered in Mumbai, India.