Wait for TAIL & excess at a value high to short this stock. Your target 1430 and above i t, expected excess with tail 1455 nearby for short seller eye. For observing minutely, you will find every time tail when U-Turn. Important is tail for trade on this stock.
Channel (i) and Channel (ii ) was represented at support or at value low . Axis bank created an excess in both channels which good opportunity to buy 741 nearby with stop loss of 730 below of candle closing base. Target is 766 nearby at control price. TimeCycle (2) is also going to positive. If there is not anything -ve on this stock, Support will be...
Banknifty also difficult to understand as wave movements. Price is near the channel support. Smaller positive new can boost banknifty to upward from the value low. While nifty is weak and Banknifty is positive which indicate the direction is not clear and market waiting for news.
Intraday support 11563 nearby and Resistance 11606 nearby, Today is friday, just keep patience for trading.
Price is trading at a " value high ". Suppose to extend price rotation as drawn in the chart then Spi ke is ready. The 30min can close above 148.7 then, 90% chance to make spike for targets 151.5 and 152.25. While Spike volume should more than average volume , for instance, 2x volume will confirm the spike. Support at 147 Hit LIKE button for...
If create TAIL nearby the 555, then short this stock preferable for first target 549.
This commentary will focus on 2hrs chart timeFrame. Almost everything is plotted on the chart which can be easily understandable for traders and investors. After the breaking, the " minor channe l" downward will give you target 11708 nearby. However, our strategies can and will provde you buy setup at " value low " if tail generated at " value low of the...
Price is trading at control price which reacts like a gravitating . Detect "series of Doji" which indicate that uncertainty in the market and might be a turning point. From the smaller timeFrame, we can find a more accurate direction. I will update it very soon.
Intraday Resistance 11584 nearby. The price rotation is show with yellow box in where war started between buyers and sellers. Outside of the box, there are lot of chance to spike downward. Hit LIKE button for Live Alert/Notification.
created a TAIL at support line. Breakdown the "major channel". 61% " fib. retracement " at 11492 nearby. personally thought is that We might see more fall but technically price has support. ---> Hit LIKE button for real-time ALERT.
4 tails at the value high with one excess and 2 tails found at the value low with one excess. The presently fromed tail is not at excess but its a breakdown channel. Remarkable points , recently created tail has enough shadow as comparted all others. Therefore, Possible to fall more OR create a series of tails .
Fall is still left. No need to write more. Wait for support.
3 down spikes mentioned in the chart. Both spikes have the same measurement in numbers. The pivot also has drawn and inner red control price is the first target. Selling in value preferable for my strategy. Follow me and hit the LIKE button if you want to live ALERT .
This pattern important role in the breakout to the downside (Some analysts believe that increased volume is not all that important).We always consider the strength or weakness of volume as being the "straw that stirs the drink." Let see what will happen here minutely and something we can conclude. How can we trade descending triangles? Let's check below will...
Banknifty is going to make DOUBLE TOP as mentioned in the chart. A QUESTION is only, that should it cross..? The answer depends on many factors, volume, news, thought of the smart move, etc. I am 100% sure and let you know before it happens. Keep your eye on volume and sentiment of Smart Market will result in you.
I am not suggsting to trade, just sit a side and watch market.
There're 4 tails at the value high and, 2 tails are detected at value low for a major channel . When the price is higher above the value high, We found the tail as price reject and reversal. For instance, you can observe the trend is up before the tail(1) created. U-Turn has been seen after the tail formed. The same thing happened for the tail (1) to...
TAIL, This is a reversal of prior trend pattern that shows up as one candle reaching out well beyond normal price action. Sometimes referred to as a Hammer which is used to spot signs of a reversal indication . For Example, 1 Tail at a value low and Psychologically, this can signal exhaustion in the selling mentality and a developing appetite for long...