Hi, Since festive season is over here in North, I might spare some more time to write on TV. Let's begin with this post on Nifty. In my last post I tried to time the market in anticipation of a correction. Although market reacted for a few days from there, yet I can't call that a correction. Price-Time analysis has once again been hinting at something but this...
Brief analysis I see a sharp bounce from 9222. This low was just shy of the Gartley PRZ near 8700. It has been approaching a possible reaction zone near 13000 and strong resistance near 14000. Price action there will reveal the future course of action. We have strong support at 8700. The traders should turn bearish only below 8700 because then there will be a ...
Markets this week: Although stocks had a bumpy ride this week yet trend was quite strong in Nifty. Seems current impulse has more legs and we are heading for 10930, my extended target. Its highly likely that we ll achieve this target in the next trading session. As we are heading higher there is delight as well as confusion in the markets. There are a few...
Notes on the chart. Focus on trade management and play safe. Bravetotrade
Notes on the chart. "Wish you all a very happy and prosperous new year" Just trade safe and stay healthy. Regards Bravetotrade
Notes on the chart. Do hit the like button. Trade safe, stay healthy. Regards Bravetotrade :)
Notes on the chart. Trade safe, be healthy. Do hit the like button. Bravetotrade :-)
Its been a while since I wrote on the Index. In my last post I marked 10094-10013 as the key area. Market tested that key area and bounced sharply. Although the Bat pattern could not complete as per expectations, market reacted near 1:1 level (10013) shown in the above post and the cautious approach on bearish side worked quite well in protecting us. ...
Notes on the chart. Do hit the like button. Trade safe, stay healthy. Regards Bravetotrade
Often we see situations like above chart where it is difficult to decide which trendline is correctly drawn. Truly no one can actually tell which trendline is more correct than the other. And Is it the break of AB or AC or DE which should be considered to take the trade? When ever there is such a situation, it is wiser to give secondary importance to these TLs ....
Notes on the chart. Hit like, comment and follow. Trade safe, stay healthy. Regards Bravetotrade
Hi fellows, hope you are doing great with your trading. I wish you all the best for the coming week. In my previous post I shared my observations with the expectations that the index will achieve higher levels in the coming days. Unfortunately, I had to take trades in the reverse direction, later in the week, in order to mitigate my losses. It is all part of...
Observations: > NiftyIndex up waves are ending within 25 days and down waves within 7 days. > Bullish or Bearish crossover, or divergence at the end of waves. > Strong Bullish and Bearish patterns seen at the end of up and down waves respectively. Combining all these three observations can provide strong Buy and Sell signals. Current Up wave: > Current...
Notes on the chart. Trade safe, stay healthy. Do hit the like button as a token of appreciation. Enjoy the weekend. Regards Bravetotrade
Notes on the chart. Always follow your trade management rules before trading my ideas. Trade safe, stay healthy. Do hit the like button for better ideas in future. Regards Bravetotrade
Before trying this idea it should be noted this is a high risk long trade setup. The price has been rising up inside a main uptrend channel and currently just tested the baseline of this channel and tending to move inside an another baby channel. I would like to buy as close to the baseline of the baby channel as possible. There would be a breakout situation...
Notes on the chart. Trade safe, stay healthy. Do hit the like button, it does not cost anything :) Regards Bravetotrade