Hi hope you all are doing good, and in today's video i want to share where the positions are being accumulated in BankNifty and why i am long biased.
Area where price stability is seen = 49969
Stops seen = 49817
Area where sellers are competing = 51000
Area where buying interest or supply will shut off = 47500
Disclaimer: Please always do your own...
Hope you all are well and HDFCBank is showing signs of inventory accumulated around 1600. In this video i am sharing my process, how i use TradingView's inbuild TPO - Market Profile and Volume Profile indicators to understand the inventory development and how smart money is accumulating their positions in this stock.
1600 is the line in sand and there are less...
Hi All,
This idea is extension of existing idea on Natco Pharma which formed Cup and Handle
Interestingly the price action has formed a FLAG AND POLE formation with price action getting tighter & tighter with shrinking volume.
Flag Breakout may happen anytime soon & till then investor is advised to be patient.
Results are also expected & so market might be...
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...
