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Volatility

NIFTY: What's NEXT? Spot & FUT important Level Weekly Basis...... Spot & Future Intraday, Future Weekly Levels Plotted & Mentioned on chart. Weekly crucial "RESISTANCE LINE" near 10690. Weekly crucial "SUPPORT Zone" : 10416 - 10438 . Trade as per Specified level with description. FUTURE Trader Should take position with Hedge strategy. Disclosure: Take this information as study/education purpose only. If Useful Like & Share For taking trade decision Consult with your Financial Advisor.
NSE:NIFTYEducation
by DSKF16
Three Drives Pattern : ReversalThere is global bloodbath in the market and we have bad news everyday, so talking about a reversal in this scenario seems insane, however there is a nicely formed Three Drives Pattern and every low of the price is associated with higher MACD values clearly showing divergence. Would it be able to reverse the price only time can tell. It is easy and advisable to follow the trend instead of hunting for trend reversal. But a buy trade is possible only if market trades high of today in coming days. if that happens the low of today should be protecting SL. We can put initial RR ratio of 2 and see how it develops further. Disclaimer : All ideas and comments are my personnel view. please take financial consultancy for trading decision.
NSE:NIFTYLong
by praveen.bhatiya
7
BUY/Learn : Bollinger Bands Squeeze BreakoutBollinger Bands Squeeze is a powerful yet simple trade setup. One can identify the Squeeze when bandwidth is at around 6 months low. One can enter the trade when price starts trading out of the band. Mostly this setup rewards the trader nicely as one enter the trade early with small stop loss of one candle/Bar and ride the swing. The stock has given the breakout so one can trade it. Please note that sometimes stock gives a fake breakout just to shake the traders in that case one should reverse the trade and continue with that direction. Wishing you all Profitable prosperous new year.
ILong
by praveen.bhatiya
2
Equifax (EFX} DailyIn September this year the credit monitoring company plunged nearly 10% witnessing a collossal 35% drop after it disclosed last Friday a massive data breach, which possibly impacted up to 143 million Americans. The stock's drop has wiped out about $6 billion of its market value in the process. The Equifax breach was not the largest ever, but it was notable for the kind of information that was put at risk.Post that the prices had reached oversold region and then the rebound happened over the past few days have started struggling near the 38.2% Fibonacci retracement of the sharp decline. After rebounding a minimum 1/3 the selling pressure has started emerging and the Bollinger Band has narrowed forming a squeeze leading to a possible decline in the coming days. Hence a short below 107 is a good trade to initiate.Once it emerges updates shall follow.
NYSE:EFXShort
by Raja_Chart_Advise