Hi friends sharing my first trading idea of 2024 for Nifty today on a smaller time frame of 30 minutes hope you like it, as i believe and it usually happens too mates that the larger time frames are made up from the combinations of some smaller time frames. So let's quickly talk about today's trading idea on provided chart as we can see that after making ATH 3...
Hi Friends, Sharing weekly chart of Hdfc bank, as we can see that price sharing a support spot where both parallel channel and rising trendline adjoined, So two things can happen from here that price can break channel and rising trendline supports after we can see a downfall towards support below Or we can see a support bounce from here. I am sharing weekly chart...
Stock is showing reversals after looking a bottom formation by braking recent swing highs and give a closed on above that swing high so we can say it is going for an uptrend resumption, rest I explained in video thanks and regards.
Hi friend as you can see on this daily chart of Tata Elxsi that after making all time highs of 10700 levels it came down 5900 levels and now showing some signs of reversals like price is trading above a resistance (LH) and now breached a consolidation of 12 daily candles and gives a close above on that so now from here it is looking good for the targets of 8000...
On the last session of previous week price breakout a more then one year old resistance and gives a good close above that resistance and it is a highest weekly close ever by this stock so it seems a good opportunity to go long in this stock. Target Identify by two ways-: 1- One is theoretical way to measure a triangle breakout which is trading on it's all time...
Hi friends, Hope all are you fine and doing well. Today i have come with with a ordinary and easy to understand chart sharing with all of you. So I am Sharing weekly chart of Indian Telecom Giant Bharti Airtel as we can see on provided chart that price is moving upwards in ascending channel and gives a parallel channel breakout after a long consolidation of...
Nifty Pullback Or Retracement ? Hi Traders good morning hope all are you fine and enjoying your morning's Tea or coffee with scrolling Trading view ideas for taking a view on Nifty so it's a weekly chart of Nifty i am sharing today which i want to execute on the daily candle above or below close on provided levels, Taken weekly chart because want to cover more...
Hi friends, Mates and Colleagues today i am sharing an easy to understand publication on Triangle patterns commonly seen and used during charting and in technical analysis, hope it might be helpful for the new entrants in the world of Tradingview and technical analysis sharing below the description about Triangles, visuals and some insight about already shared on...
Hello mates, Sharing monthly chart of Syngene International as I observed a flag and pole breakout on this time frame after doing mega consolidation of years as mentioned on chart following with the identification of it's previous trend so now as you can see when it did years of consolidation before previous breakout and when broke that consolidation it got almost...
Hi guys, Sharing monthly chart of Power grid corporation i am seeing a Flag & Pole breakout formation on this provided chart and this breakout is looking gets fully matured because price gives two monthly close candles above the resistance or above previous all time closes, Apart of this i observed that after breaching the previous all time highs on monthly...
Hi friends, it's a daily chart of commodity Natural gas as we can see after a long consolidation in parallel channel finally it breakout channel resistance and currently trading above that resistance, so if price will close above we can see above marked target can arrive in coming sessions, Price has come here so far by making higher lows and now trading above...
Hi mates, Sharing Nifty analysis on Daily time frame chart for this i used fib extention, Rsi Indicator with price action. So on yesterday's session we saw a big selloff in Indian equites and might that was the reason that after a good Gap open the price did not suistain on day highs for only half an hour too. So i observed that after making a visible double top...
Hi friends, Mates and Colleagues today i am sharing an easy to understand publication on Channel patterns commonly seen and used during charting and in technical analysis, hope it might be helpful for the new entrants in the world of Tradingview and technical analysis sharing below the description about channels, visuals and some insight about already shared on...
Hi friends, Sharing an trading idea on Commodity Gold futures on daily chart as we can see that after hitting all time of 61800 levels all the way it came down 57900 (considering strong support) levels and took support there and resume rally again to 60000 levels with created a double top on this chart. So currently it is trading near to that support and seems...
Tech Mahindra Breakout & Reversal Hi mates, sharing daily chart of Tech Mahindra as you can see on this provided chart that after hitting a all time high of 1800 levels price came down and shifted in downtrend and since then trading in downtrend and consolidating in a parallel channel but by the last session of previous week it came out from a long...
Hi friends hope you are enjoying your morning's Tea or coffee with scrolling Trading view ideas for taking a view on market so it's a daily chart of Banknifty i am sharing today, as we can see that price is trading in an ascending channel and created a Bearish Head & Shoulders pattern on provided chart and came down after breaking the neckline. Pattern is not very...
Defination Of Support and Resistance levels-: The support and resistance (S&R) are specific price points on a chart expected to attract the maximum amount of either buying or selling. The support price is a price at which one can expect more buyers than sellers. Likewise, the resistance price is a price at which one can expect more sellers than buyers. Particular...
As you can see after making recent lows of 250 levels stock is trading now on 375 levels which is almost a great 50% recovery from recent lows and now giving some signs of trend reversals by breaking falling resistance and a horizontal resistance too and giving a breakout too, apart of this I find some logics on this weekly chart sharing below. # you can see...