Pivot Points Indicator: Daily vs Weekly StrategyPivot Points are a favorite among traders for identifying key support and resistance levels. Used widely in day trading and swing trading, these levels are calculated based on previous price action and are easy to apply on platforms. But should you rely on daily or weekly Pivot Points? Here’s how to
Related indices
Bollinger Bands vs. Moving Averages: Which One Wins?Technical traders rely on indicators to analyze price movements and make informed decisions.
Two of the most popular indicators on TradingView are Bollinger Bands and Moving Averages. While both help traders gauge trends and volatility, they serve different purposes. Let’s break down how they work
Bankex - Oct 14In last trading session morning we had movement and afternoon price was moving in a narrow range and consolidated. Also price is at trend line support.
Pattern : Support/resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 58300.
Stop Loss : 58220.
Targets : 58380, 58480, 58560, 58640 an
Bankex - Oct 7Price is falling for the past few days. And now price is at support, RSI has formed divergence. Price can take support from here or move towards 58000.
Pattern : Support/resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 58560.
Stop Loss : 58460.
Targets : 58660, 58740, 58820, 58920 an
BSE - BANKEX- Intraday Levels - 7th Oct 2024BANKEX if Sustain above 58631 or 58679 then 58794 above this bullish then 58941 then 59038 to 59108 above this more bullish
BANKEX if Sustain Below 58469 then 58306 to 58211 or 58143 below this bearish then 58029 to 57981 below this more bearish
Consider some buffer points in above levels.
Please
Bankex - Sep 20Price faced resistance at 61800 zone and fall down, now it has formed a double bottom.
Pattern : Double bottom, support/resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 61180.
Stop Loss : 61080.
Targets : 61260, 61400, 61480, 61560 and 61620.
Sell below : 60960.
Stop Loss : 61060.
Ta
Bankex - Sep 23Price is moving in a channel and now it is at resistance.
Pattern : channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 61060.
Stop Loss : 60960.
Targets : 61120, 61200, 61300, 61420 and 61560.
Sell below : 60860.
Stop Loss : 60960.
Targets : 60760 ,60680, 60540, 60480 and 60400.
Check th
Bankex - Sep 23current market braked the structure and
we can see 5min ob at the point of trend line
if it breaks the trend line we can expect a sell
otherwise be on buy side
Hit the like button to Rock !! Show some energy !!
Note :
⨻ Check the live market updates and analysis yourself before buy or sell
Bankex - Sep 16Price consolidated and formed bull flag. This pattern will be valid if it sustains above 59000.
Pattern : Bull flag.
Range : Medium.
Trend strength : Normal.
Buy Above : 59020.
Stop Loss : 58920.
Targets : 59220, 59300, 59380, 59460 and 59560.
Sell below : 58820.
Stop Loss : 58900.
Targets : 58720 ,
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.