this analysis is based on chart reading and volume analysis. stock is trying to hit its resistance multiple times and every time when it bounces low..it leaves old investor and new investor comes in. but when it comes with new investor with very deep pockets near to its resistance then they are the ones who are actually going to break the wall .
NEW INVESTOR COMING AND HOLDING LEVLES NEAR RESISTANCE ..THEY ARE THE ONES WITH DEEP POCKETS AND WILL BREAK THE WALL...SO HAVE PATIENCE AND BUY IN CASH AS WE NEVER KNOW THEY WILLBREAK IN WEEK OR TOMORROW...SO WHY TO GIVE PREMIUM IN OPTIONS AND FUTURES...
THIS TRADE ANALYSIS IS BASED ON DATA AND MATHS AS WHEN AND WHERE BIG PLAYERS ARE BUYING.GOOD TRADE FOR THOSE WHO WANT TO TAKE CASH POSITION AS IT MAY TAKE TIME ( FAST OR SLOW..SO WHY TO GIVE PREMIUN FOR OPTIONS AND FUTURE) .
This analysis is based pure on data and not on any price action.this gives more accurate results as it is less prone to manipulation . technical traders gets into trap of candle patterns and moving averages, RSI etc.
this trade analysis is based on data and computational maths which picks when and how big players are buying.
The data shows the stop loss is very minute and profits are huge.
can take position sizing keeping in mind a stoploss of 1600.
