NSE:RBLBANK Rang Bound : 15 Min time Frame A range-bound market is where a financial asset like a commodity, stock, or a currency pair remains in a relatively tight range. Here you can observe the range. Bookish knowledge: Generally it goes to wards current trend. Reality: It will go towards either side after range breakout or breakdown Ideal entry : above...
NSE:ISEC Time Frame: Weekly Pattern : Head and shoulders Learning: Importance of Neckline as support in Head and Shoulder Pattern Bookish knowledge says head and shoulder is reversal pattern but in reality neckline plays very important role as a support
NSE:GTPL What is Rounding Bottom ? A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of "U". Note: Rounding bottom looks similar to cup and handle pattern, but does not experience the temporary downtrend of the handle portion. 3 Phases of Rounding Bottom 1. Sharp...
MCX:SILVERM1! Observartion: trendline Breakdown What is Trend line? a trend line is a graphical representation of the general direction of price movement in a financial market. Here are some key points about trend lines in trading: Identifying Trends: Trendlines are drawn on price charts to connect significant lows in an uptrend or highs in a downtrend....
NSE:L_TFH Trendlinen Trade in L & T Finanace and Holdings What Is a Trendline? Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move. In this explanation...