MCX copper within the triangle and now range is slowly contracting between 790---826 keep eye on breaking of triangle on either side will give clear trend ahead... till than play support and resistance.. 790 & 826 790 is important support level to watch ... as breaking below this level will bring weakness towards 760--750 whereas breaking out of the triangle...
shree cemet seen volume activity near psychological level 22000 bearish flag pattern... if breakdowns than it will bring weakness upto 20000..
us crude in in falling wedge and breakout from the wedge will give upside movement towards $125 channel support comes aroun $118--117.5 breaking of channel support will make it weak... educational trade support and resistance
national aluminium price was increasing with the volume and given excellent intraday breakout chart presented for educational study on price volume breakout
price is the engine volume is the fuel more the fuel.. more the power .... bigger the movement.. chart presented for price volume breakdown study educational purpose
Banknifty future triangle breakdown near 35100 given move of 800 + points on downside .. upto 34230 sharpen the skill on patterns and candlesticks chart presented for educational
nifty future in 15 min chart had multiple resistance near 16750--800 highest OI was at 16700 Bulls struggled nearly 3 hrs to sustain abv 16700 and than given up... Given move of nearly 200++ points on down side... Reading the cadlestick pattern will give u good LRHR TRADES for intraday.. keep learning candlesticks and chart pattern... Regularly posting few...
nifty retesting the breakdown levels of triangle and multi time support which became resistance now 16800 Scenario 1: so if correction is over ar 15671 than fresh 5 wave up started of which 1st wave up going on and than 2nd wave down consolidation will start.. scenario 2: market still in corrective mode of which wave (a) to (c) completed at 15671 and wave (d)...
SBICARD has given breakout from trendline with volume in daytimeframe if it sustains above 800 than more upsides towards 820--850 possible view is just educational...
US crude in falling wedge and wedges always checks traders patience... Breaking out of the wedge will give upside move towards $125
Today nifty came back into the main golden color channel... in the form of wave " f " Today nifty done gap filling work.... "F" up wave going on and golden fib ratio resistance comes around 16384--400 nifty just closed below it... If nifty failes to sustain above golden fib ratio tomorrow than down move will start now Bears minimum requirement is to bring...
JKCEMENT given breakout from falling wedge with volume with positive diversion in intraday and when price meets the volume.... it gets acceleration as engine gets fuel... chart presented for educational study of price & volume
BTCUSD given triangle breakout important support $39500 and if sustains abv $40300 it will move towards $41000--41900 views are educational
US crude oil looking strong and moving towards $135 in coming days.. making new higher high crude oil took the support from gann number $125 views just for educational
MCX copper withing the channel and brokem imp support 845-840 with strong bearish candle below this 820--800 possible on downside... view is valid till it is below 845 views are for educational
sunpharma volume came and price moved in faster space... when price (engine) gets the volume (fuel) it gives bigger movement... price moved up for wave "e" and made high near 862
Titan pin bar and double top intraday given a free fall from 2380 to 2325 During the intraday if one develops the habit of reading candlesticks and patterns than the dependency on indicator will reduce and more clear picture of movement can be seen without confusion loading of many indicators makes difficult to take action.. keep your chart clean and neat......
nifty future in intraday took multiple support near 15700 made multiple support and given triangle breakout with volume and very powerful move of 300 points in intraday came... as price is the engine and volume is the fuel more the volume ... more the fuel .... bigger the movement... chart posted just for educational purpose to see how best volume price breakout works...