We have plotted Jubilant Foods in hourly time frame. On 12-04-23, Stock is opened gap up with tremendous volume. If we combine both gap trading and price volume theory, there is a good possibility that stock moves up in next few days. One can make long position depending upon own risk tolerance level. Note : I am not SEBI Registered Analyst/Advisor. This article...
Dear Friends, I have plotted Nifty Bank in daily time frame. Here , it is clearly observed that Nifty Bank is under sliding parallel channel. Yesterday, Nifty Bank is about to cross sliding parallel channel. However, today; bear market is seen. Anybody can take fresh short position with Nifty Bank Index based on own risk tolerance. However, one should square...
Hello Friends, Here, I have plotted Dollar Index in daily time frame with RSI . Apart from I have drawn sliding parallel channel. Since couple of days, Dollar Index is taking support at 101.33 level. Here, I have observed sign of trend reversal. Anyone can take long position in all forex major currency pairs with own risk management methods.
In the 30 minute chart, we have drawn a sliding parallel channel. It is apparent that the Swiss Franc is strengthening against the Australian Dollar. This fluctuation also correlates to the news of the UBS-Credit Suisse merger. Anyone can open a short position and profit as long as price movements are contained within a sliding parallel channel.
Everything is mentioned in Video. This regression line is plotted on daily charting. This is for swing traders. . This is not meant for intraday traders.
This video is only for education purpose. It shows that how any swing trader can make a position in combination of support and resistance level and regression channel. We have analyze Kotak Mahindra Bank on daily chart. Bank is showing one way fall from INR 2000 to 1650. It is clearly shown with sliding regression channel. After touching 1650, stock goes up to...
In the last few days, the Nifty50 has found support near 16800 and has risen to 17123. The hourly chart shows that Nifty's support level is around 16985-86. So, I'll keep my long position until the Nifty crosses 17000. According to my forecast, the index will reach 17250 within the next few days. The SGX Nifty is down significantly on Friday. The market is...
On last thee trading sessions, Nifty50 shown fall of about 650 points. Last three candles of 15 minutes have shown strength. Market may move within range of 17100-300. This is my personal opinion based on candle stick patterns. Thank you very much.
We have observed formation of bullish pattern in daily time frame. Even though , Market is showing bearishness, in shorter time frame ; stock straight goes from 1396 to 1511. I am suggesting buy on dip strategy in this stock. The buying range is around 1400-1500. The immediate target is 1750. The stock is having strength to go much higher than 1750. Due to...
GBPINR is showing rangebound. Range is 96 to 101. Anyone can make long or short position whenever GBPINR breaks the range of 101 or 96 as the case may be.
Be watchful. Index is severally fall. Hourly time frame is showing mild recovery. Don't make any long position unless and until Index closed above 1794 aka 1800 level on daily closing basis. For newbies , don't enter in the market. As, Market may not fall immediately from this level ( psychological level of 1700) and market may not sustain at higher level too....
On observing chart pattern, from 19500 level, step up pattern is found. It is bullish pattern. We should maintain our bullish view till BTC breaks 20200 level. If, BTC crosses level of 20600, we will see a good bullish momentum. It is basically chart pattern analysis without using any indicators. It is only for the education purpose.
On observing hourly candle and fifteen minute candles, EURO seems more stronger until it breaks level of 87.1138. Immediate target is around 87.4127. This only for education purpose only.
As observed in chart, stock has created double bottom pattern. Stock can move up to 597 in upcoming days. Stop loss is at 555. Note : I am not SEBI registered investor. This article is only for learning purpose.
We have plotted regression line, anchored VWAP signal and Elliot wave in hourly time frame. Stock is having robust fundamental strength with PE of mere 5.63. Anyone can go long in Tata Steel , if stock is goes above VWAP line i.e. INR 111.10 . Stock is having potential to go up up to INR 119-125 in near future . hope, you are enjoying my analysis, please share,...
Stock is stood at very crucial level of INR 422.80. As seen in above chart, there are many resistance at upper level, so it is not advisable make any long position in this stock. If stock goes below INR 400 on daily closing basis, stock can be go short for longer period of time.
Stock is in range of 870-910 since 12th Dec-22. Stock is moved up to 916 today ( 5th Jan-23) with good volume. If, Stock is sustained go higher above 930, then we can see bullish trend in this stock. Note : I am not SEBI registered investor. This article is only for learning purpose.
On nifty hourly chart, we have observed M pattern. Long term trend is also downward. If, Nifty breaks 18000 at any point of time, we will see downfall up to 600-700 points from this level. Nifty will be short after it breaks 18000 level at daily closing basis. Note : I am not SEBI Registered Investor. This article is only for the purpose of learning.