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Wave Analysis

Did you sell Ultratech?What and where you could have sold it? In intraday time frame we had a bearish divergence as marked with an arrow. Once it fell from the top 4707 and made a bearish divergence we had chance to sell, but what would be the sl? That would be the high of today. What would be safe entry ? After 1 hour of bearish candle reversal, we could have sold near bounce at 4670 with Sl 4707, now is divergence in intraday tf reliable for such big fall? Yes, if you know price action. Let us see how we predicted this move --> Here we predicted for upmove --> Here we predicted overall rough picture --> Regards, Sharma Yogesh
NSE:ULTRACEMCOEducation
by yogi_sharma_elliottician
Nifty - Budget 2019 -H & S-Pattern Failure at 11625 What is a trendline A trendline is a straight line that connects two or more price points. Extending this line into the future, it also acts as a line of support or resistance. There are two types of trendlines—the up trend and the down trend. Trendline Rule The general rule in technical analysis is that it takes two points to draw a trend line and the third point confirms the validity. Trendline can be a neckline / support line as explained in the Head & Shoulder pattern in current scenario. Trading Strategy Plan A Sell below 11930 with strict stops above 11975 for targets 11875-11890 Below 11875 – 11830-11845 Plan B Buy in the zone 11830-11845 with strict stops below 11800 for targets 11950-11975 Above 11975 – 12000-12050 Above 12050 – 12100-12125 Plan C Sell below 11775 with strict stops above 11815 for targets 11700-11625/11650 Below 11625 – 11500/11525 --------------------------------------------------------------------------------------------------------------------------------------------- Previous Ideas --------------------------------------------------------------------------------------------------------------------------------------------- 29th April 2019 - How will you sell - X-wave mission 15th May 2019 - We got Gartley M 11th June 2019 - Head & Shoulder with Right Shoulder at 12000
NSE:NIFTYEducation
by WaveTalks
39
Titan @ Crucial Point (Price >Time)TITAN is overshooting the price time channel, since these two component drag one another the price should come back within channel & average by hitting lower trend-line. if you have any queries regarding above idea or any other stock feel free to D'M Announcement : We launched, TruStox Community A community driven platform for Traders with almost all features that a trader needs. Here are some of them:- Trade assisting Tech. Regular Study Conferences. Collective Fundamental Research. Access to Tools from Trader's Toolkit. & many more. For More information : Click Here! Note : Trading in any financial market is very risky. We post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
NSE:TITANEducation
by TruStox
Is it right time to buy this stock?The Control Price basically performing as pivot supports and resistance level on this stock. Therefore, the control price target is 1345 above. You have seen in the chart, how a previous supports or resistance always give twist reaction so, safe first safe target 1339. As a trader, start profiting booking from 1339 to 1347. At value low, and excess plotted in the chart between 1293 to 1302.65 are a great range for Investors and Swing trader eye. If you want to real-time ALERT for trade, just hit LIKE button for NOTIFICATION .
NSE:JUBLFOODEducation
by Trade-Technique
16
Understanding MACD When MACD was Developed , it was developed with two different views 01) What the price is doing in relation to two rated moving average ( EMA) ideally it is treated for 12 and 26 EMA and MACD line is plotted on the chart 02) It also has 9 Period Simple Moving average of MACD line which shows the mean value of MACD line for the past 9 Period as simple calculations ( Not Exponential) 03) The Histogram represents the derivative information between the MACD and 9 Period SMA of the MACD line and it is represented in Visual bar as Named histogram 04) When you understand the Trend and its up coming structure ( Few call it as Pattern) you have to take note which direction you want to trade 05) Most retail try to trade in Counter trade ( which identified by study data form research centers located various location in the world by data analyst 06) Histogram is visually inform that the difference between MACD line and 9 Period SMA is reducing or Expanding , it also has 0 Line which it is considered as potential trend change information line , What you have to identify that weather the price is moving up or down , how far the Momentum is supporting your trade prospective weather the value line or trend change line is crossed form -Ve to +VE ? Weather the 1st Bar of Histogram high is taken out by closing basis ? Weather the price action( Candlestick pattern ) is supporting the theory you believe is going to occur next move ? there are different views( Long theory ) you should consider before entering the trade I am trying to inform few points here R = Risk to Reward -1 R = The Amount you are ready to consider as stop loss 0 R = the Peak of the bar is Considered as Your risk amount is at 0 that means you have gained the potential of 1 Risk basis X point the candle stick that produces this Bar should give you Profits ( in case booked on that bar ) 1 Rewards for 1 Basis X point Risk Average R= This is potentially an Bar in Histogram which peak is same as the previous 0 R peak but the price moves above previous candle high , here your earnings should be potentially 1.5 R of the Originally Risk X basis point You will find Histogram starts dropping and the Moment it drops to the twice the Size of -1R , that is your best Exit method with +2 R as Reward We have tested it , Please remember this will work only when you the Trend and ongoing Pattern it is making the same is true for Short selling One of the safest method for Retail and can comfortably make income for living Good Luck
NSE:JSWENERGYEducation
by I-Fund-Trader
Wave Theory (visually idealized )This chart is of Monthly chart , and this scrip form its inception is moving an uniformed way and visually or Graphically we can identify the theory of Wave analysis Wave theory was originally found in 1870 by Japanese rice traders , they some how figured it that people tend to respond in the form of waves for prices behavior of essential commodity, and then few researchers have take the study by analyzing it based on previous price behavior and formed a possible conclusive theory called by various authors and analyst This one is behaving as per R N Elliott theory and we are looking an 3rd wave of internal impulse wave prier to 3 rd wave on Higher degree , one can look for weekly brake out or completion of consolidation phase , and can look to enter Please dont ask me about the complete details of Elliott wave theory , Kindly download it form Google and study if you are interested Good Luck Wish You happy New Year
NSE:LTEducation
by I-Fund-Trader
1