Before I share my analysis on this chart, I'd like to emphasize that this is intended for educational purposes only and is not financial advice. 1) Throughout December 2023, the chemical sector has shown promising signs of positive volatility. 2) In my view, after two years of consolidation, the chemical sector appears poised for an up move. 3) Deepak Nitrite...
The market reached a new record high last week, but it also closed lower than the previous week for the first time in seven weeks. Could this signal that the market is preparing for a correction. ? A correction can happen in two ways: a) Time correction, where the market moves sideways for a while, or b) Price correction, where the market drops significantly. I...
Generally, a leap year is known for its volatility, especially in the stock market. In 2024, the Central election in India will add to the volatility. I have studied the past eight leap years and found that Nifty closed in the red only three times. The average return for the last eight leap years was 25.12%. We should not worry about declines if our investment...
Achieving a monthly close above 5375.85 is absolutely crucial for a monthly breakout. It is very important that you keep this in mind as you evaluate your investment strategy. Please remember that this information is meant for educational purposes only.
Nifty Trading Plan for 09-jun-23 only for study, the market looks bearish in the short term, both side trade possible
Price pattern or Price action reading using SMA Kepp trading simple and use less indicators
#nifty #trading #stockmarket Game of 21 SMA by @DailyNifty Only for study.
Simple analysis using Price Action and 21 MA. It is only for educational purposes.
Learning is Earning 1. Channel breakout on the chart 2. Support of 21 MA 3. If price take support at rising MA before breaking the resistance the probability of breakout is high
The best support zone is always the previous Accumulation zone, and IRCTC is near to this level. Only for study
our fav patten F is clearly visible on the chart. keep target open and 1 candle low is stop only for study
Only for study 10 Week consolidation breakout, F pattern Took positional long
1) rising 21 MA 2) Time correction 3) F pattern 4) Retest of the breakout level ONLY FOR STUDY
GAME OF 21 SMA 1) Consolidation breakout 2) Trend: Up 3) Rising 21 MA support 4) Cash market stock 5) Mid-Small cap stock Only for education purpose @DailyNifty
As per Game of 21 Tanla is at key support and likely to take support at 21 SMA. Condition : 1) Rising 21 Ma on W chart 2) Trend positive 3) Sector in trend(Midcap IT) Only for study @DailyNifty
Only for education purpose. #Fpattern #DailyNifty