I waited patiently for Price to Reach the Top of the Trend Line Channel. Once it reached the top i realized the Highs on the MACD were higher than the Last Swing High (Hidden Divergence). Momentum started pushing towards the Down Side. I placed a Sell Stop at 1.65074 and set the Stop Loss at the bottom of the last Demand Zone.
After Marking up my charts on the Daily Time Frame I realized that Price was at the bottom of a channel at 0.85209. Price then consolidated and retraced to a Stronger Daily Supply Zone. MACD was showing strong a Divergence directly at the channel. Once i seen Momentum in the upward direction I waited for Price to Cross the 20 EMA. Entered and set the Stop Loss at 0.84971.
Nasdaq has been Diverging on the Daily MACD since January 26th. Momentum is finally signaling towards the down side. Failing to make Higher Highs on the 4 Hour Time Frame, rejecting perfectly off of the upper Trend Line. Confirming that there is a Trend Change coming. Stop Loss placed above the Trend Line at 18092.26.
In this idea I am going to introduce you all my new concept for positional buying in the form of a simple strategy . I have noticed that many of new investors and traders enters in the market in random manner either they enter in a running candle or they enter by choosing some moving averages or RSI but whatever they choose to enter a trade they mostly miss the...
One-line setup in Apollo Hospitals - RSI bouncing back - good volumes - retesting of support hoping for a good upswing move here
MACD Diverged at 0.59811 signaling a reversal. Price Rejected off of the Trendline after it failed to break lows. MACD gave upward Momentum signal once Price hit the Trendline. Confirming the reversal. Stop Loss at the last Swing Low 0.60420
As we can see BANKNIFTY has not rallied as compared to NIFTY and has also shown some healthy correction which can show potential upmove. We can also see BANKNIFTY forming more a W pattern in bigger TF getting rejected from important trendline support signifying the uptrend hence we may expect a strong upmove in coming trading session is BANKNIFTY manages to hold...
Finnifty End of Day Analysis to Identify Potential Trading Opportunities for the Next Trading Day Finnifty Supports Support 1 - 20430 Support 2 - 20310 Support 3 - 20215 Finnifty Resistance Resistance 1 - 20670 Resistance 2 - 20770 Resistance 3 - 20915 Finnifty Trend Signal From Open Interest Analysis PCR ratio as per Option Chain Analysis -...
Penny stock Following Trendlines Volumes are confirming Higher time frame N pattern . Standing on pivot
Time TechnoPlast Strong Breakout Bullish.. Great Volume.. Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade..
Granules India Strong Breakout Strong Breakout Bullish Awesome Volume Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade..
SJS Enterprises CMP: 636 This stock has been in correction mode for some time now. On Friday, it broke out of a small range and trend line, but the breakout will be confirmed only if it closes above 655. Once the trade becomes active, the stop loss will be set at 585. The targets will be 745, 840, 890, and 970+. Refer to the chart provided to see the...
NSE:SUTLEJTEX cmp 71 ready for a big move The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is...
NSE:FAIRCHEMOR cmp 1386 watchout for weekly close above 1400 should do well above 1400 in coming months The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research...
Disclaimer! This analysis is made for educational purpose and do not consider it as an investment advice. Hey Folks ! I have marked all the important levels for the year, All the ranges marked with green colour represents Bullish area and all the ranges marked with red colour represents Bearish area. These levels are very simple yet very important. Use these...
NSE:IBULHSGFIN cmp 190 watch for closing above 200 & then ride the trend The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain...
NSE:QUESS cmp 556 It seems like a promising setup, worth looking into this has potentail to give 2x returns in coming months The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out...
Hey Folks..! I have marked all the important directional level for this year. All the levels have the description, Bullish movements is expected in bullish range which is marked with green lines and Downside is expected in the bearish range which is marked with red lines. Use the levels either Standalone or Club these levels with your existing trading style &...