Nifty spot major resistance at 19850 and support of trendline. Wait for any fresh entry. Do not rush without breakout or breakdown and retesting the level.
A broken trendline is a technical signal that can suggest a change in trend is at hand. If low volume (rather than high volume) accompanies the break of a trendline, the signal is not as strong or convincing. It can make sense to wait a day or two to make sure that the trendline break is legitimate
Best Buying Time / Short Term Me Darna Hai To Karo Long Term Ke Hisab Se Dekhaoge To Insaan Hoye Ya Share Market Ek Din Jaana To Upar Hi Hai ✨✌🏻
Perfect time hai long karne ka 10 ka 80 90 100 🥶 short time me darna hai to daro long me kya darna ✨✌🏻
Retest hone ke baad lena ya to Koi acche candles se break kare + Volume Mast rhe to long team me jana long time me kya karna ♥️✌🏻
Uptrends are marked by rising data points, such as higher swing highs and higher swing lows. 1. Downtrends are marked by falling data points, such as lower swing lows and lower swing highs. 1. Many traders opt to trade in the same direction as the trend, attempting to profit from a continuation of that trend
The inverse head and shoulders chart is thought to predict a bearish-to-bullish trend reversal and signals that a downward trend is nearing its end
A resistance level is the point on a price chart at which an upward price trajectory is impeded by an overwhelming inclination to sell the asset. If a market price is nearing a resistance level, a trader may opt to close their position and take the profit, rather than risk the price falling back.
The moving average works just as well in lower and higher time frames. As a result, day traders will find benefit in placing 50-bar EMAs on 15 and 60 minute charts because they define natural end points for intraday oscillations
The 200 EMA is known for its ability to identify long-term trends. This is because it is a higher EMA. The higher EMAs, like the 200 EMA, focus more on past prices and less on current market prices. That is because the line is derived from 200 past days.
Support 💪 Trend in Detail | Finschool Support is the level at which demand is strong enough to stop the stock from falling any further. Each time the price reaches the support level
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the way.