Around the World, Indice Derivatives are the highest traded contracts.
Understanding the Indice's formation is more important to trade them.
90% of the Global Indices are Capitalized weighted and to understand their formation, we need to go deep in to the mathematics to reconstruct the Indice based on allocated weightage of the stocks.
The Primary advantage of...
You can understand the larger view , the patterns are repeating itself ,the white color trend structure suggest they are repeating
they do not repeat 100 % like a like , but they will have similarity and those similarity can be read using proper method and practice
i am looking one more move down as per Red arrow mark
one can wait for short sell set up ,...
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 5 to 10 times.
If the price breaks the last fractal top, go long.
Enter using Stop Loss limit order with the given levels in chart. ( CNC )
This buy signal automatically cancelled if another UP fractal is formed.
Vice Versa for short.
Key Levels for FEDERAL BANK are : t.me - JOIN TELEGRAM CHANNEL
Please trade with caution and consult your financial adviser before trading. You can also join...