Harshit_bhadoriya

Harshit_bhadoriya

“Trading is inherently risky. To my knowledge, no trade has a guaranteed outcome therefore the possibility of being wrong and losing money is always present.” :- Mark Douglas(Trading in the zone) 1. Formed triple bottom pattern. 2. Given breakout of strong trend line. 3. Volume states that the greater the volume , the greater the force behind the. last days volume...

Harshit_bhadoriya

There is an old saying, Price Action is The King in the world of Technical Analysis. Kindly look at the chart. The trendline is among the most important tools used by technical analysts. Instead of looking at past business performance or other fundamentals, technical analysts look for trends in price action. A trendline helps technical analysts determine the...

Harshit_bhadoriya Updated 

1. Stock is forming a symmetrical triangle pattern. The Symmetrical triangle is usually a continuation pattern. it represents a pause in the existing trend after which the original trend is resumed. 2. Volume states that the greater the volume, the greater the force behind the. last 10 days volume is increasing, and the delivery percentage is average <50%, which...

Harshit_bhadoriya

Price Action in the financial market is a reflection of human nature, and human nature remains more or less constant. 1. MRF has formed a falling wedge. A falling Wedge represents a temporary interruption of a rising trend. 2. Falling Wedge has given breakout with very high volume. 3. Important thing that needs to notice here that where the falling wedge has given...

Harshit_bhadoriya

''Candles might help light the way.'' :- Steve Nison 1. HDFC BANK was moving beautifully in an upward parallel channel. 2. At the level of 1640-1650 price, Stock faced resistance thrice, then the price started moving in the downward parallel channel in the tight price range. 3. Stock then broke both parallel channels then fall to the price level of 1352. 4. Stock...

Harshit_bhadoriya

STOCK WAS IN DOWNTREND. AFTER TAKING SUPPORT AT LEVEL OF 622. STOCK FORMED BULLISH HARAMI PATTERN. TODAY BROKE DOWN TRENDLINE WITH GOOD VOLUME. DISCLAIMER: THIS IS ONLY FOR THE EDUCATIONAL PURPOSE, KINDLY DO YOUR OWN ANALSIS BEFORE INITIATION OF ANY TRADE. NOTHING IN THIS ANALYSIS IS A RECOMMENDATION TO BUY OR SELL STOCKS OR FUTURES OR OPTIONS. CONSULT YOUR...

Harshit_bhadoriya

DISCLAIMER: THIS IS ONLY FOR THE EDUCATIONAL PURPOSE, KINDLY DO YOUR OWN ANALSIS BEFORE INITIATION OF ANY TRADE. NOTHING IN THIS ANALYSIS IS A RECOMMENDATION TO BUY OR SELL STOCKS OR FUTURES OR OPTIONS. CONSULT YOUR FINANCIAL ADVISOR PRIOR TO INVESTING IN STOCK MARKET. THANK YOU. HAPPY TRADING.

Harshit_bhadoriya

DISCLAIMER: THIS IS ONLY FOR THE EDUCATIONAL PURPOSE, KINDLY DO YOUR OWN ANALSIS BEFORE INITIATION OF ANY TRADE. NOTHING IN THIS ANALYSIS IS A RECOMMENDATION TO BUY OR SELL STOCKS OR FUTURES OR OPTIONS. CONSULT YOUR FINANCIAL ADVISOR PRIOR TO INVESTING IN STOCK MARKET. THANK YOU. HAPPY TRADING.

Harshit_bhadoriya

DISCLAIMER: THIS IS ONLY FOR THE EDUCATIONAL PURPOSE, KINDLY DO YOUR OWN ANALSIS BEFORE INITIATION OF ANY TRADE. NOTHING IN THIS ANALYSIS IS A RECOMMENDATION TO BUY OR SELL STOCKS OR FUTURES OR OPTIONS. CONSULT YOUR FINANCIAL ADVISOR PRIOR TO INVESTING IN STOCK MARKET. THANK YOU. HAPPY TRADING.

Harshit_bhadoriya

DISCLAIMER: THIS IS ONLY FOR THE EDUCATIONAL PURPOSE, KINDLY DO YOUR OWN ANALSIS BEFORE INITIATION OF ANY TRADE. NOTHING IN THIS ANALYSIS IS A RECOMMENDATION TO BUY OR SELL STOCKS OR FUTURES OR OPTIONS. CONSULT YOUR FINANCIAL ADVISOR PRIOR TO INVESTING IN STOCK MARKET. THANK YOU. HAPPY TRADING.

Harshit_bhadoriya

''HISTORY REPEATS ITSELF"- IS THAT THE KEY TO UNDERSTANDING THE FUTURE LIES IN A STUDY OF PAST, OR THAT THE FUTURE IS JUST A REPETITION OF THE PAST ! Let's understand with this candlestick chart, i used 01 day time frame for this technical analysis. 1st- look carefully blue line, which is multi year trendline. and every time price is taking the support of this...

Harshit_bhadoriya

One can start with simple patterns identification. on the 30min time frame. Symmetrical triangle has given upward bullish break out with good volume. Then stock faced the resistance at the level of 114 (highlighted with red line). Then stock formed flag pattern, then again stock has given bullish flag pattern breakout. then again stock faced the resistance at the...