I analyze chart patterns, price-volume analysis, along with volume profile and avwap. Also check the momentum in daily and weekly charts. Finally make a risk-reward trade setup.
I analyse Lalpathlab on weekly and daily chart. Price, Volume, AVWAP, Volume Profile, other technical indicators are used. Possible targets and risk/reward is also discussed.
Divergence Trading is lucrative as the price movement following a divergence is with high momentum, hence rewarding with decent Risk:Reward.
The common way is to add conventional RSI and check for divergence . However we often found that many of the vanilla RSI divergence signals are conveniently ignored by the following price action.
Then the question is:...
Important POC level Updates for NSE:BANKNIFTY .
Expecting a trending Rally or Drop before expiry. If happens so target levels are given in the chart.
High Volume Node levels have been plotted.
Keep Patience and trade with reversal or Breakout strategy near POC level.
Try to understand psychology of market.
If you like the idea, do not forget to support...
