Get started

Volumeanalysis

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. If you like the post,Please follow,like and share it. Happy Trading!!!
NSE:NIFTYEducation
by Darshan_Panchal
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. Please like, share and follow to get more stocks ideas and technical content.
NSE:APLAPOLLOLong
by Darshan_Panchal
3
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.
NSE:BELLong
by AkshayAdak
4
GODREJCP ready to move upThis stock has been in a downtrend. Few days earlier, it has broken out of trend reversal double bottom pattern. Also retested the the neckline couple of times. In fact, both the times, it went below neckline and again came up with a huge volume. This clearly suggest that strong buyers are standing below that level. The stock is consolidating near it's downward sloping trendline. After watching the huge volume near double bottom pattern, one can easily guess that this stock is getting ready to break that trendline and move higher. Swing traders must add this stock in watchlist.
NSE:GODREJCPLong
by sumedhb100