Hello mates sharing a view on Nifty on daily time frame, So as we can see that after a good correction form all time highs now price reached to 200 Ema so let's discuss what are the probabilities we can see from here. Current View-: So it look like that price is taking support from 200 Ema as in yesterday's session price breached that but did not close below so...
Hello friends, hope you all are doing well, as you all are seeing that nowadays Indian market is trading with bearish sentiments, so if there were some such methods or any such analysis due to which we could have known this a few days ago, then definitely today we would have been sitting in good profits or the loss that we are facing now would not have been...
Hello mates, I hope you all are doing well and doing your trading well, so today I have brought an educational post for you in which we will understand the importance of backtesting in technical analysis, so let's start quickly. The Importance of Backtesting in Technical Analysis In the world of financial markets, technical analysis plays a crucial role in...
Hi friends and mates, Sharing a breakout trade idea on Samvardhana Motherson below-: So as you can see on provided chart that recenly price have broken a resistance nearby 208 levels and moving in upward direction so we can consider it's a horizontal resistance breakout so after this breakout my current anticipation is price will come down near to above mentioned...
Hello friends, hope you all are well, so today first of all I would like to wish you all a very happy Dussehra festival so as we all know that this festival is celebrated as a symbol of the victory of good over bad because on this day Lord Rama had conquered Lanka by killing Ravana, so similarly there are some bad habits in trading and only by overcoming those bad...
Hello friends, today I am sharing an idea with you all which can work as an additional perspective for traders who are already in long positions in Banknifty and as a trading idea for me so let's quickly talk about it below. So as you can see that in the last working session price broke the old all-time high horizontal resistance and gave a new all-time high...
Hi friends i am meeting you people again after many sessions and i hope all are you dong well, So here i am sharing a daily chart of Pvr Inox as i observed a resistance breakout which is a triple bottom pattern neckline too and as of now price retested that resistance as support this time so we can say a breakout retest also completed after breakout. As long as...
Hello friends, today we will talk about those important things which can be essential for a good breakout, so today I am sharing some information on this topic with all of you, I hope you all will like reading it and it will also help all of you breakout traders. The Key Components of a Successful Breakout on a Chart-:: A Breakout occurs when the price of a stock...
Hello friends, today I am sharing an educational idea with all of you in which we will try to understand how important closing is for any breakout and what benefits we can get from it, so I have tried to explain it in the description written below, I hope you all will like it and everyone will also like my publication. ⚡ The Importance of Closings in Breakouts...
Hello friends, today I am sharing my view on Nifty with all of you on the smaller one hour time frame Hope you will like my publication. So as we all know that after making a high of 25000 we saw some correction in the price and after this high Nifty also made a low of 23890 and after that low we also saw a good recovery which brought us to the levels of 24400,...
Hi mates, Today i am sharing a learning idea publication about multiple timeframe analysis as might have you guessed by reading the title of the post and it is easily available on Tradingview for the betterment of your technical analysis as simple as that a single instrument can looks different on multiple timeframes as i try to characterize on published chart and...
Hi mates, Sharing an idea for Asian paints on daily chart i hope you will like my work and idea so let's start quickly as we can see that price was consolidating in a parallel channel from last many month and recently price broke that channel and came out so we can consider it's a parallel channel breakout and it seems that price keenly want to go till marked...
Hello mates today i want to share an Educational post about Opening range breakout a very common and old strategy used by many traders and it's still pretty effective. I hope you will read the complete post and like my publication too friends. So let's understand about Opening Range Breakout below-:: ⚡ Introduction to Opening Range Breakout-:: In the world of...
Hi friends today i am sharing a very simple and easy to understand idea on Hdfc bank and for this trade idea i choose three hour time frame chart so as you can see that price break a marked swing resistance from where price got rejected after first support bounce and made a swing high there but in second attempt price break that resistance and close above in...
Hello Trading community and my friends so as we all know that our Trading it should must contains some logics based on price action, indicators and trading strategies etcetera so i find out here some logics for my upcoming trade in Natco pharma sharing with all of you hope all of you like it. So as we can see on provided daily chart that price gives a very...
Hello friends and mates, today I am trying to share an educational idea with you on Pullback & Retracement and I hope you all will like this publication. Understanding the Difference Between Pullback and Retracement in Trading In the world of trading and technical analysis, understanding market movements is crucial for making informed decisions. Two terms that...
Hello Trading community, mates and friends sharing today a bullish breakout on Monthly time frame for Samvardhana motherson a Great Auto ancillary company so as we can see on provided chart that share price of company breaks a rock strong 6.5 years old resistance and succeeded to gives a monthly candle close above that resistance and opned a new space for price...
Hello Traders, Mates and friends so here i am sharing a view on Nifty so let's start quickly as we all know that one session back the benchmark index made an All time high of 23000 but before this 23000 mark index gives an Ascending triangle pattern breakout on provided time frame so now from here i assume that price will come a bit down and retest it's breakout...