Dark Cloud Cover a bearish reversal candlestick pattern formed with RSI showing a negative divergence. Keep a stop-loss of today's closing and enter when breaks today's low.
Hello,
I am seeing last support for BNF is 30000. Below 30000 level BNF may start to fill the gap and test the 29550 level.
Best level to buy BNF @ 295500-29550
Confidence is a very important factor in trading and single trade can increase it or reduce it.
Why I always stress on Breadth tools? And how different are they from traditional indicators?
1. Breadth tools don't take the price of the asset in the account
2. Breadth tools will help us to see important information like "Number of Stocks Moving on UP TICK" and...
KING OF REVERSAL'S - MAGICAL BREADTH TOOLS- 835 POINTS IN 2 DAYS
Except Breadth tools, no other tool in this real world market scenarios can capture the reversals so accurately.
Breadth tools will help you to read very precise information on how the volumes are flowing on an Uptick and Downtick.
Understanding tick volume is very important and most of the...
There're two excess found above the Value High.
3-price rotation, on the value area.
Above the control price, there are not trading activities detected.
Last closed price is at control price.
Conclusion, Buyers always look at excess 28429 of value low and sellers attraction should be at excess 29316 of value high.
In general 85% of the traders loose to fake moves.
Breadth tools have the capability to detect the fake moves and help you to understand the real interest in the markets.
In the scenario highlighted, the last move with positive cash flow was from 28770 to 28840, so the intraday traders money was blocked.
People think that it will retrace back as the previous...
INTRADAY MAGIC - ENJOY 440 POINTS PROFIT IN 1 DAY
Raining Profits in BankNifty- 440 Points profit Anything better?
Selling pressure continued in Bank Nifty? The proof is withdrawals from the Cash Market.
you can literally see that Money withdrawal in a live market with "Bank Nifty Money flow Indicator"
Except Internals and breath tools no other indicator...
Certainly with out any doubt, I can say Volume Profile is the greatest tool that I have ever seen.
If understood properly it tells us the traders vs investors behavior. Which is more important for trading.
The Current Session Point of Control with Last 5 session point of control will provide us with the most precise trading information.
So the above powerful...
Breadth tools can defeat Price Action Indicators very easily when trading Indices
Indices are not Assets so you cannot apply the same price action concept against any Price weighted or Capitalized weighted Indices.
When you apply an Indicator like Stochastics, RSI, ADX, SMA or EMA etc, to an Indice trading, you miss the formulation principle of the Indice and...
As I mention - Trading BankNifty requires a special set of tools rather than running behind its price action.
BankNifty is a scale that measures the Performance of our Banking System.
Understanding its formation is key to the success in trading it.
Analyze the Free Float Market cap weightage assignments and the underlying Bank's spot market volume...
Exactly, I have predicted BANKNIFTY entry and target as 29777 by gravitating price line, CLICK HERE to see full.
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The Gravitate price is being played such as magnet which has a yellow color with a number to . If you see it...
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