Just adding E W Count to the visible structure ? = Confusion of clarity 1234 visible 5 is in progress not going to read any lower time frame at this stage. RSI is behaving interestingly too
Same chart closer view . Is TCS giving some que for the coming days.
Is this happening with TCS Explained on chart keeping it simple.
confirming wave e on chart... SL for positions will be 190.00+/-1.00 needs to be monitored closely. Banking sector is poised with enough arsenal for a surprise " rally" from here. Caution cannot be throw out of the window. Volatility is always a boon for day traders . Go with the flow...
confirmation of "e" on the chart awaited waiting for price confirmation. How to classify this pattern? "Continuation Or Correction " Argument: 1. Perfectly placed shrinking price action. OR 1.Angle of pattern is gradually rising?
Added minor wave counts usually i avoid this habit to reduce noise. 10% Stake increase Approval received. News based move Stop-loss below trend line. using dips & Spikes as trade opportunity. following the channel. -VE only below trend line I've listed this investment strategy as Neutral to keep emotions out following Price moves only.
Keeping it simple as always Positional trader can continue holding... as per their logic . Traders : we are watching price movements on 1 hr chart better to go with the lower trend line as reference and our safety. ## Interesting price moves visible around 190.00 ##
This move is not supported by banknifty either way opportunity taken today for ID might consider re entry below 520 only Bank nifty has to decide.
Very simple way of looking at Price action.. 500.00 appears psychological level somehow. Low risk entry is a possibility here.
What i see is what i trade Banknifty what's in store for this thursday.
Should be interesting here... may consider ID long around 410 +/- 5.00
Is this what Bank nifty has in store for this expiry??
Triangle formation (needs 5 points to complete)on its last 2 point ... Range of Triangle is 100.00 +/- 5.00 Range of last 2 points is between 520.00 Upper and 460.00 Lower. "Option Traders careful till this pattern is completed." will try and keep charts simpler and clearer and less messier. chaio for now
Adamant Reliance... Says hell no to market. I am the trend today.. Only long for the day kissing 1800.00 again