Volumeanalysis
SKIPPER LTDSKIPPER:- Cup and handle pattern formed with good volume, keep eye on it
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Alicon Castalloy LimitedALICON:- Stock has given breakout that too with very good volume now if we want to buy stock then we have to wait for retest keep an eye on this stock
You can plan the trade as per your risk appetite now
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HALHAL:- HAL break out with high volume. keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
JSW Holdings LtdThe chart is self-explanatory.
upside potential > 20%
TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
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BTC downward trendline breakout It seems to be a major reversal pattern since a downfall. Through the volume, you can grasp the accumulation of supply, it has been absorbed a lot.
Exciting to see how it unfolds because it has taken thin support at the 19000 level.
Considering the current dynamics, it may go up till
24000-24300 range, then it could face some resistance.
Need a strong stimulus in terms of global cues, and adaption news.
Bpcl Defies All OddsAfter a bloodbath of a week, the markets are recovering and after a 15% fall, BPCl has taken support on its long term support with a high volume bullish candle
Moving average does not say much.
Stochastic RSI is also in the oversold region giving a long bias.
T1 Is the short term target
T2 is the Long term target
Stop loss below the support level.
Keep It Simple
Bullish and Bearish Harami candles concept Educational Post
Bullish Harami
Bullish Harami is candle stick pattern which shows counter attack by bull on bear entering the support zone.
Significance of candle stick pattern is at support level of charts.
Bullish(Green) candle should gap up from close of bearish(Red) candle and close should be above the median of bearish(red) candle with volume.
Bearish Harami
Bearish Harami is candle stick pattern which shows counter attack by Bear on bulls entering the resistance zone.
Significance of candle stick pattern is at resistance level of charts.
Bearish(red) candle should gap down from close of bullish(green) candle and close should be below the median of bull(green) candle with volume.
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Happy Trading!!!
APLAPOLLO has done flag breakout with high volumeAPLAPOLLO NSE:APLAPOLLO is uptrending stock in tyre manufacturing industry.
Considering consolidation from long period since september 21, stock has made breakout today with high volume.
RSI is also crossing level of 60 which shows bull are aggressive in buying and seller are requiring premium to sell.
looks like Stock has completed A-B-C correction and may start new impluse as per elliot wave principals.
Generally if there is followup then upside 40% is seen in this stock.
Kindly do your own analysis and follow your SL.
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READY TO RALLY AGAIN ?This is Daily timeframe.
BEL have retraced and now consolidating for last 4 days in a range, it rejected to go for lower levels last day.
MFI is at 21.77 level. There is a chance that is gives a bounce and continue it's rally.
From botttom to top, it is currently at 0.38 fibonacci level.
Keeping SL just above 0.61 fibo level.
Psychology behind trade and SL :
After breakout we have witnessed good rally in BEL.
A step by step process in upmove as you can see the price action(highlighted with yellow line).
And now a retracement. It have started to sustain in a zone now, near 0.38 fibo level, drawing from the bottom where the rally began.
Show rejection yesterday to go down. It may consolidate here for a while in coming days, if eventually it comes near the 0.61 fibo level, I am planning to exit as it will then show weakness in this trend and may go down afterwards. So SL near 0.61 level.
Bullish view psychology - The upward momentum was with accumulation with steps, still it was in short span of time. Big players drived it, entered with step by step accumulating. Look at the Money Flow Index, it was above 60 level and have been sometimes to 90+ levels in the rally.
It's justifies a short term bullish view.
This is my own analysis and is for information purpose only.