Trade-Technique

Trade-Technique Updated 

Fantastic real-time TRIANGLE pattern on ITC This is NSE equity stock and all level are for equity. This is a perfect example of Triangle and already completed 5 waves in it. Ready for a breakout . Suppose to breakout, you will get new direction with a spike. How to detect the direction side of SPIKE (means big and surge move)! Changing in volume will...

Trade-Technique

Looking at the Gravitating li ne(Red), you can how there is an active attractio n from 1 to 8. The Price is moving toward the support level(225 ) on a strong(tight) value area(Channel) where investor's eye is looking to buy this stock. The changing and crossing over the Average Volume should be best sign for creating a position (target 257 and 280). The...

Trade-Technique Updated 

We have seen here two Flag Pattern , One Channel and Triangle on this stock. While Flag Pattern found in up trend and present formed is a triangle at value low of the channel. Almost everything is positive on this stock at the value low of the channel. As per triangle target is 837 nearby. After breaking trinagle, I expect here flag pattern again with...

Trade-Technique

Identifying the trend and a turning point of BANKNIFTY from the record of 2012 to 2020 . Resistance and Target 33318 from where U-Turn is possible to easy. The current price is far from the control price . Resistance 33318 - CMP 32400 = 918 points The current trend is up and resistance is far from he re is 918 points. Personally, I don't advise...

Trade-Technique Updated 

By looking at daily chart shows a lot more clear vision of next moment for investors activities. The price is trading between value high to control price 1 . Scenario 1: If the price starts to fall then the next target will be at previous resistance in 8595 and the gravitating target can be easy 8400. Scenario 2: Lagging or late fall then price can move...

Trade-Technique

Resistance (target) is still far away which at 12286 nearby (yesterday's high was 12237) In the short term, wave(direction) seem to be changing for downside move.

Trade-Technique Updated 

Does the channel continue to follow? I know the answer...

Trade-Technique Updated 

In last update, I have updated everything about nifty which was clear. Actual support also mentioned 11854(made low 11844). Still nothing is much change in this update. Support 11854 is strong and reference of Cycle(ii) 11934-11955 non stop move. Breaking and closing below 11812 previous investor's supoprt will push nifty down but chance is very low till.

Trade-Technique

Everything is clear on spot nifty. Resistance 12021 and 11955. Support and targets 11889 and 11854. You have to create your action plan if you are ready to trade,…

Trade-Technique

No need to worry if the short wave is up, finally if it’s up then it will not break 12072 below. But since today, nifty has taken resistance as the previous R. We will think short side only trade below 12070 below for spot level

Trade-Technique Updated 

Long white day candle was formed where the price is up by crossing the previous 3 days of the candle. Control Price (ii) which is spot nifty target (11540) and resistance nearby it. Notice, many times "control price (ii)" shown its strength. The possibility of Profit booking can be 11525-11580.

Trade-Technique Updated 

The following factors are -ve. Price is too far from 20 M.A. Tail found at the area of over-reaction. Wave(5) is so close . The price is out of trade channel area. Professional and smart money investors whatever you called them such as Speculators, Arbitrageurs, Fund managers, insiders, etc. are already entered near the wave (4). Focus on...

Trade-Technique

Banknifty opened at the resistance of (3) wave 27701 nearby which is at value hig h. This resistance pushes it toward the control value at 27463(gravitating) and (4rth) wave at value low . Looking at it seems that short declining wav e can start for the target. Above all levels are for a spot.

Trade-Technique

Statement (1) : As per "No trading activities", the price is not going to cross above the Control Price which drew by blue color. Statement (2) : Presently, Nifty is again going to high volatile as show by Remarkable box . Statement (3) : From the timeCycle, approximately move projected by (A),(B) and (C) . As per channel, the main support is 10525 below...

Trade-Technique

R1 at 10860 nearby and R2 10885 is my trade setup

Trade-Technique

These words may evoke many different intellectual images. The technical analyst says that “the market is always correct". Technical analysis is the study of prices in freely traded markets with the intent of making profitable trading or investment decisions. There are two ways of technical analysis - "predictive and reactive". 1.Predictive- Individuals make...

Trade-Technique

If we ignore the RESPONSIVE result and initiative move, We get the Channel. As per channel, Final support 70 points far from current trading value. But in the meantime, previously acted 10916 support. Channel Support is at 10871 nearby.

Trade-Technique Updated 

Detected Tail: price rejection with sellers activities. A box which was drawn after the tail is sellers area. If price surge with above it and we see the again tail will confirm of selling 28310 nearby. I ll update later accurate target.