formation Bellow 1.4073 is corrective.
Prints when the market is indecisive. Price market higher lows & lower highs. It is the situation where supply and demand are near to equal. The trading range becomes smaller and smaller within the triangle. It represents a pause in the exhausting trend after which the original trend is resumed. 1) The minimum requirement for a triangle is four reversal points....
The price is under the (iii) wave and I already updated in my status yesterday to take a long position in nifty. Still, you can check my status. The Wave (iii) of wave ((v)) will be over soon and we can see fall shortly for wave (v) of wave ((v)). We can use retracement and correction patterns for identifying the wave (iv). Let's move to determine sub-waves of...
I am still working on it.
Price has come back in the parallel channel. There are five" No Trading Zones". Price has twelve touches on the Gravitation line, five touches on the upper band, and six touches on the lower band. There is the line of the power where the price has five major reversals. Also, bullish volume is increasing on the chart. Price has made an excess on the chart, and we...
1. HDFC Bank Ltd. – 10.24% 2. Reliance Industries Ltd. – 10.19% 3. Infosys Ltd. – 7.98% 4. Housing Development Finance Corporation Ltd. – 7.08% 5. ICICI Bank Ltd. – 6.34% 6. Tata Consultancy Services Ltd. – 5.18% 7. Kotak Mahindra Bank Ltd. – 4.05% 8. Hindustan Unilever Ltd. – 3.42% 9. ITC Ltd. – 3.01% 10. AXIS Bank Ltd. – 2.76% 11. Larsen & Toubro Ltd. –...
Are there any hidden or magical theories to win every trade? Every person has his hidden technique to trade and that technique he will never reveal! Hehehe, I am asking you that which magical formula you have? Unfortunately, there is no hidden technique to become consistently profitable in every trade. If you had that magical trading technique you never surf on...
Price has made a lower low at 134.60. I have taken the low and drawn sub-value area which is part of the dominant value area. The parallel channel is working well as support. Price extreme has made 7 touches at the gravitation line. Total 10 times price respected upper band and lower band of the sub value area. How you can make your trade set-ups? 1.if the price...
A lower timeframe can give you an exact entry.
Complete EW
expecting pull-back in price up to 39 above is easy after already taken support as 31.45 . This stock is also good for the investor's portfolio and I have uploaded levels for it in the last post.
Just labeling... I am working on past data.
Just labeling... I am working on past data.
Just labeling... I am working on past data.
Part 2: Just labeling... I am working on past data.
Just labeling... I am working on past data.
The price is progressing into Wave 3 upside. If you are a newbie for technical analysis, this research is not a post for you. especially for those who want to trade, I will create a complete report with trading level by using a lower Timeframe shortly. Weekly/2000-8 - EW cycle completed. W4 divides the entire price range about 50% Let's focus 3 waves: ...