archittaori1471

archittaori1471

Hdfc Bank is making base near the 200 Week Moving Average. Historically , it always has reversed the 200 Week Moving Average 1380 to 1420 is a good demand zone for HDFC BANK Keep a watch at these levels

archittaori1471

Moving Averages is one of the simplest approach that anyone can use in stock market to be successful. It is one of the simpliest and it cuts all the noise. The problem with this approach is that it isnt complicated , hence people not tend to follow this system. The lesser the indicators , the more simplier the strategy , the better would be the result. One Point...

archittaori1471

Generally Speaking , charts of the same commodity/ equity , tend to have similar pattern sequences which tend to repeat over & over again. They seem to favor certain behavior patterns This is called as the Fractal Nature of Patterns! Here in the case of Lloyds Engineering, we can see that the stock usually makes a symmetrical triangle, wears out all the weak...

archittaori1471

Deepak Spinner is making a symmetrical triangle. It has been consolidating for a long time. It looks like the stock is gaining momentum and can give quick return over a short period of time

archittaori1471

Crude is currently in a good uptrend without any major correction. This seems to be a bit unrealistic as there are not major base formations. It is forming a negative divergence with RSI moving down and the price is moving up . 9200 is the breakdown level. Once that level is broken , we can see 8800 9500 - Sell on Rise Levels

archittaori1471 Updated 

Crude is forming a symmetrical triangle. Currently, it is facing a resistance level of 8300 levels but if this level is crossed then we can see a quick move! Concepts - Symmetrical Triangle ( Pattern Analysis ) Resistance Levels

archittaori1471 Updated 

Pennant Breakdown usually are bearish continuation patterns! Nifty has broken down from a consolidation & it seems that it will find resistance near 16950 levels Support for Nifty is near 16200 Levels

archittaori1471

A symmetrical triangle is a consolidation pattern. It is often referred to as a Coil Pattern. Here each price fluctuation is smaller than its predecessor. Lower Highs & Higher Lows. The process of contraction or coiling also has an effect on the volume. Imagine a coil spring, the more you keep pressing down the coil spring , it keeps going down but once the...

archittaori1471

When the Trend Breaks, Try to Trade With the Trend

archittaori1471

When Broader Markets / Index as such is in correction mode , there are some stocks which are much stronger than the index. These stocks are said to show high relative strength! Gujarat Alkali is currently showing high relative strength in such volatile markets Stocks would not move in a straight line , instead they go up , come to test the breakout level & again...

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archittaori1471

How to Trade an IPO? Or how new IPO moves.