AMIT-RAJAN

AMIT-RAJAN Updated 

Hello friends good evening, I have prepared a chart for one of my trades in Wipro which I am sharing with you all. So as we can see the Wipro ADR ( American Depository Receipt) listed in the American market is trading down by 4 to 5 percent. In such a situation we can expect that we may see a similar decline in the price of Wipro shares tomorrow or in the coming...

AMIT-RAJAN

Hello friends hope you all are doing well and trading well, so let's talk about the weekly chart of Axis Bank today which is not a trading idea but if you want to take a trade in it then maybe you can get some help from the view I am sharing. So first of all I would like to tell you that in the last working day we saw a big fall in the share price due to the...

AMIT-RAJAN

In light of the ongoing discourse surrounding market trends and fluctuations, I decided to delve into this topic through a straightforward simple technical analysis, focusing exclusively on the principles of support and resistance. As depicted, there is a key level referred to as the "flip line" which serves as a robust support for the price. From this juncture,...

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AMIT-RAJAN

Hi mates kindly watch the video for understanding the Object tree and it's uses in technical analysis as i feel the new entrants to technical analysis still might not know about it, I hope you will like this publication, Thanks for watching and giving your time. Best regards- Amit

AMIT-RAJAN

Hello Traders I hope you are all fine and doing good, So today I found a nice chart which I felt like sharing with you which is our Indian information tech Giant Infosys now let's start quickly. Infosys-:Positioned for a Multi-Year Breakout Infosys one of India's leading IT giants, is showing strong indications of a multi-year breakout on technical fronts. As the...

AMIT-RAJAN Updated 

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...

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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...

AMIT-RAJAN

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...

AMIT-RAJAN

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...

AMIT-RAJAN Updated 

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...

AMIT-RAJAN

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...

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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...

AMIT-RAJAN Updated 

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...

AMIT-RAJAN

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...

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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...

AMIT-RAJAN Updated 

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,...

AMIT-RAJAN

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...

AMIT-RAJAN

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...