AMIT-RAJAN

AMIT-RAJAN

Hello friends! let’s dive into an ordinary yet insightful Nifty chart and explore the future possibilities together. Stay tuned for an easy-to-understand analysis!. The Indian stock market has witnessed a strong bearish move as the Nifty 50 index decisively broke a critical support level. The price action suggests a continuation of the downtrend, raising concerns...

AMIT-RAJAN

🌟 Greetings to the Trading Community! Hello, fellow traders! I’m excited to share this analysis with you, focusing on Bullish Divergence using a recent Nifty 50 chart. This simple yet powerful pattern can provide early signals of potential trend reversals, helping traders make informed decisions. I hope this article adds value to your trading journey. Feel free to...

AMIT-RAJAN Updated 

Hello friends best wishes to all of you from my side, as you all know that current government is going to present it's Union Budget in two days and as we have seen on the day of the budget or a day or two before it the major indices of the market make very uncertain movements. Therefore I have made a chart of Bank nifty which is very easy to understand. So on the...

AMIT-RAJAN Updated 

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 Updated 

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,...

AMIT-RAJAN

Hello fellow traders I hope you all are doing well so as we can see the market is not supporting any long position at the moment but the chart of Bajaj Finserv looks very attractive however I am not creating any trading position in it because the company is going to give it's financial figures tomorrow and it can be harmful for my trading position so all of you...

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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...

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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...

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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...

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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...

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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...