Volumespreadanalysis
BEL Reversal at PoC [Volume Profile] + Volume Spread AnalysisShort BEL at PoC - 112
VSA - Top Reversal + Buying Climax in background
SL - Exit if day's close is above 115
TATAPOWER Reversal - End of Rising + High Volume NodeShort Tatapower at High Volume Node - 60.75
Weakness in Background - End of Rising (EoR)
SL - Exit if day's close above 62.25
SAIL Reversal - VSA + Volume Profile [Swing Trading]Short SAIL at PoC 40.95
SL - Exit if day's close above 42.25
BIOCON Reversal - Volume Spread Analysis + Volume ProfileLong BIOCON at PoC - 406.5
SL - 395.6 on closing basis
PEL Reversal from HVN [Volume Profile] + VSAShort PEL at High volume node - 1471
SL - Exit if day's close above 1520
HCLTECHNSE:HCLTECH
ON DAILY CHART,FORMED A FLAG PATTERN
PRICE IS GOING DOWN ON DECLINING VOLUME.BEARISH CANDLES HAVE SOME VOLUMES THAN BULLISH CANDLES
PRICE IS ALSO CURRENTLY TAKING SUPPORT ON TREND LINE
NOT CLEAR WHETHER PRICE WILL MOVE HIGHER OR NOT COZ OF VOLUME ACTIVITY INSITE FLAG PATTERN
IF INCASE PRICE BREAKS 872.5 ON EXPANDING VOLUME ,THEN BULLISH RUN WILL CONTINUE
SUNPHARMA REVESAL - VSA + VOLUME PROFILE [SWING TRADE]SHORT SUNPHARMA AT POC - 512.4
SL - EXIT IF DAY'S CLOSE ABOVE 526
BAJAJ AUTO REVERSL - VSA + Volume Profile [Swing Trade]Short Bajaj Auto at PoC - (3005 - 3025)
SL - Exit if day's close above 3085
PEL POSITIONAL - LONG NSE:PEL
(FOR LEARNING PURPOSE ONLY)
1) Phase 1 (Accumulation) Completed
2) In the midst of Phase 2 (Mark up)
>> We can see expanding volume when price moves up and contracting volume when price retraces
ENTRY
BUY WHEN PRICE RETRACES BACK TO HL
TARGETS
TG1 - 1600
TG2 - 1900
KARNATAKA BANK - BULLISHNSE:KTKBANK
(For Learning Purpose)
Currently trading in Wyckoff's Phase 1 (Accumulation)
Test of supply happened and price started to move up with expanding volume
We can clearly see volume expansion when price moves up and volume contraction when price moves down or trading in range
Price might move down to ₹40 - ₹42 range before starting to move up but bullish trend is confirmed only when price crosses ₹55 mark
The volumes of up candles seem decent RSI is at 50 levelsA shooting start appeared close to the 50 percent fib retracement, the tail of the candle faced resistance at the MA. The volumes of up candles seem decent RSI is at 50 levels. A failure swing may form at the 50 levels, bulls should be comfortable above 1657 with good volumes follow up.
Bank Nifty: Preliminary StrengthThe indices may give a 1000 point push beyond day high but we need to look for strength beyond this level. On the flip side any weakness below the spring may take us to 18000 or lower.
Trade safe
#jaysingh_2020
Reliance: Is This Climactic -- VSANotes on the chart.
Hope this analysis will add to your knowledge.
LONG NESTLE15 min chart makes a nice triangle after a long run.
Volume inside triangle seems to be dried up and breakout of triangle is possible with good volume support.
BUY if the price moves above resistance.
Target - ideally length of flagpole but be cautious as flag is too long
Stoploss - triangle top
