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Volumespreadanalysis

Possible Cup & Handle Pattern Breakout in ATUL LTDCup & Handle Formation signs: 1. Volume dry-ups near the lows of the price pattern. 2. Big volume spike on reversal of price pattern. 3. Volume dry-up on the price pull-backs. 4. Improving Relative strength. 5. Tight areas in price pattern under accumulation. 6. Trading above 200 MA How to trade it? 1. Watch out for Volume percent change on pivot breakout. 2. The day's volume should increase at least 40% to 50% above average. 3. Stoploss below the low of the handle. Entry - Breakout of Pivot Stoploss - 8760 (Below low of handle) Target - 11000 (Depth% of cup) Would like to thank William J O'Neil for explaining this beautiful pattern. Thank you Saurabh Yadav
NSE:ATULLong
by shadowthenoobtrader
3
Nifty futures 15 min chart Wyckoff Re-Accumulation StructureMultiple bullish signs clearly evident in the chart - The structure of Higher Highs and Higher Lows - Price Volume Analysis showing clear bullish volumes (volume increase on up move and decline on down move) - Reversal Action and spike in volume at trendline support repeatedly - Price Action and slope of the buying wave and selling wave comparison - A Pennant pattern overall in a trending market Can look for all these confluence factors in the annotated chart. Please like the post if you find it useful as it will give me incentive and confidence to post more charts based on the powerful technique based on Wyckoff
NSE:NIFTY1!Long
by thelastbull
1
Interest Rate Saga and its impact on NiftyWe had an eventful week, market participants were waiting for interest rate results to get announced. After the historical rise in the inflation rate, it was obvious to expect some strong majors from respective authorities. This may continue for the coming few months. Now we have come below 15800, which was one of the most critical support zones, considering the volume profile and historical price action. This level will act as strong resistance in the time ahead and the price may retest the next support zone which is 15000 and 14200 levels. These levels have created the price zone, where the index has spent 3-4 months so this would act as the next base and there prices may spend some time before taking further action. You may see an increase in the call shorts at 15800 and 16000 strikes.
NSE:NIFTY1!Short
by OK_Rane
What next? Reversal to 17k or 15kSince the Last blog on Nifty, we came across plenty of news, including repo rate hike, Fed rate hike, war-related tension, and inflation. The entire global market reacted to it with extensive selling. In the Indian market, FII has sold more than 17000 crs of their holding, which is equivalent to October 2021 stats but this month we still have half a month to go. On the upside, the market should close above the 16400 in the coming week. And there should not be any exhaustion gap below the 15600 level which is the next support level, in case this happens we may see a strong sell-out and the price would go to 15000. This level depicts the VAL level, which lowest price level within the area.
NSE:NIFTY1!
by OK_Rane