You can understand the larger view , the patterns are repeating itself ,the white color trend structure suggest they are repeating they do not repeat 100 % like a like , but they will have similarity and those similarity can be read using proper method and practice i am looking one more move down as per Red arrow mark one can wait for short sell set up ,...
I am looking this will make another move up , which will be high likely an end for interim trend if you are holding the quantity , Look to book near the forecast , this up side of another 8 % is coming Patience is key , fresh long i do not think is a Good idea
One can look for placing entry order as per indication in chart and Book the profits using trail exit method at or near the take profit
One can look for entry on brake of the 42.25 and suppose if drops further you can look to enter based on entry price indicated in the chart and look to book near forecast
this could have one more move down before any decisive direction look for sell set up for entry
I have already posted a chart on Reliance using candlestick charting method Here i am trying post an price bond Ranko Charts , which clearly indicate the upside is still due to complete , Well many people might not be aware of Ranko , let me explain , its an Price based movement , it does not count the time factor it only calculate the Function of price...
I am looking this has one more correction left before it makes its upside move , One can look for trading in both direction Currently it can come down to forecast level and then it can make turn around for up side move Look for trading Opportunity
I am trying to Explain an visual representation of using Volume Profile Many do not have much exposed knowledge on this subject including very less Books have been written on it But one can read the available books online and Get to know few price distribution patterns where along with price action of candle stick You will come to know on price level where...
One can look for short selling Futures once it brakes the structure , its very high likely will move one small move up with in the flat structure before heading down as corrective wave
One can look for daily reversal and take entry based on long set up and look to book near the forecast using trailing stop method
One more move left in this stock before it makes an decision of direction change until then one can look for buy set up for this next move up
The Most important factor in stock market is patience , Many people try to enter random patterns and end up losing or sitting with negative Money for a while until the patterns pan out and do not understand their errors until some one show them in clear manner Proper understanding of how the patterns pan out is very important in trading stocks i have...
I see Many people in Tweeter , and other social media starts claiming about their victory on few points , but the fact is far away form their analysis Even one tweeter individual try to ask the followers whom to follow ?? for Good analysis although that individual is having 33 K followers it clearly shows there is lack of knowledge , The only way you can...
One can wait for short sell set up , and take the entry in Futures contract and look to book near forecast
One can keep looking for buy set up for this next move , and look to book near the forecast using trail stop method
One can look for entry on brake of the entry price and book near the forecast
One can look for entry on brake and look to book near the forecast using exit or trail stop method
This one is not dropping in aggressive manner , i am still considering this has one more move up left in it One can buy based on reversal candle on daily ( for safe entry ) and look to book near forecast