Tata Steel price looks weak Reasons/Traits : • Forming bullish Gartley harmonic pattern • Retested point B of Harmonic pattern • Pricing making lower lows • Price retraced and from 0.618 fib levels and got rejected at 50 EMA and heading back to 0.618 level • Breaking 0.618 level can further see a price decline • RSI strength is reducing and is below 50 What can...
TATA Consumer looks strong… Reasons/Traits : • Today gave a break out from two day inside bars with a big green bar with very good volume • Above 13 and 50 EMA • Price touched 0.618 retracements levels • RSI increasing • Bearish Crab harmonic pattern formation is in place What can happen next : Scenario 1 : Price sustaining above 850/853 levels can take it to...
SAIL is in up move : Reasons/Traits : • Triangle pattern break out yesterday and today got confirmed • Volumes are high • Price above 13/20/50/200 EMA • Price above VWAP • Increased open interest, high deliveries What can happen next : Scenario 1 : Price sustaining above 123 levels can take it to 133/141/151 levels Scenario 2 : Price break down below 123 can...
Dhani is at an important stage of breakout : Reasons/Traits : • Gave a huge breakout but with a huge wick • Volumes are very high • Todays close is near to recent lower high • Price above 13/20 and touched 200 EMA • Price near VWAP • High deliveries What can happen next : Scenario 1 : Price sustaining above 215 levels can take it to 240/260/280/300...
Coal India showing Ross Hook pattern : Reasons/Traits : • Ross Hook Pattern formation can be seen • It can also be called as Bear Pattern 1-2-3 (Entry stop loss marked); 1:2/3/4 can used as risk reward if it follows • Price took support @ 0.5 fib retracements levels • Volume and RSI decreasing • Bullish Bat formation taking place (not confirmed yet) What can...
Where will Hero Motocorp head to ? Reasons/Traits : • Bullish Bat Harmonic Pattern formation is seen • RSI/MACD are ready for up move, yet to confirm • Price is way below 13,50 and 200 EMA • Recent swing low matched with earlier lower low (important level for support) What can happen next : Scenario 1 : Price can move up to complete bullish bat harmonic pattern...
Strategy to execute trades in forex market, works for all pairs (please do back testing to gain confidence) : What we need : Candle Sticks Timeframe – 1 hr Bollinger Band – Length 20 and StdDev 2.5 Bollinger Band – Length 20 and StdDev 2 RSI – Length 6 Stochastic Oscillators – 14,3,3 MACD – 8,21,5 Confirmation with indicators should be in same trend with candle...
Ninja Intraday Scalping in Bank Nifty (pull back method). Please do drop your comments if you have any questions on this Ninja Technique.. Thanks Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length. Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses...
Ninja Intraday Scalping in Bank Nifty (pull back method). Please do drop your comments if you have any questions on this Ninja Technique.. Thanks Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length. Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses...
Ninja Intraday Scalping in Bank Nifty (pull back method). Please do drop your comments if you have any questions on this Ninja Technique.. Thanks Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length. Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses...
Ninja Intraday Scalping in Bank Nifty (pull back method). Please do drop your comments if you have any questions on this Ninja Technique.. Thanks Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length. Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses...
Ninja Intraday Scalping in Bank Nifty (pull back method). Please do drop your comments if you have any questions on this Ninja Technique.. Thanks Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length. Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses...
Bajaj Consumer is in sideways and ready for a big move Reasons/Traits : • Bearish Bat harmonic pattern is forming (gets activated if price goes and stays above 265 • Price is in sideways since few weeks • Price is revolving around 13/20/50/200 EMA • Big movement can be expected from stock which are in sideways since long and hovering around all EMA’s What can...
BankIndia is at an important stage to go up or down : Reasons/Traits : • Came to test the trend line • Volumes are high • Todays close is higher than recent lower high • Price above 13/20 and crossed 50 EMA today and inching to 200 EMA • Price above VWAP • Increased open interest, high deliveries What can happen next : Scenario 1 : Price sustaining above 62.5...
Bharti Airtel Looks strong Reasons/Traits : • Harmonic pattern gets activated once 708 level is sustained to form a bullish bat or crab pattern • Price closed today above 13 EMA • Price took support @ 0.382 fib retracements levels from higher high and closed above 0.236 today • RSI and volume increasing What can happen next : Scenario 1 : Price sustaining above...
Ninja Intraday Scalping in Bank Nifty (pull back method). Please do drop your comments if you have any questions on this Ninja Technique.. Thanks Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length. Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses...
Ninja Intraday Scalping in Bank Nifty (pull back method). Please do drop your comments if you have any questions on this Ninja Technique.. Thanks Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length. Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses...
Ninja Intraday Scalping in Bank Nifty (pull back method), 435 points gain. Please do drop your comments if you have any questions on this Ninja Technique.. Thanks Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length. Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when...