navingoyal2003

navingoyal2003

As the stock breaks from ATH, it may give the similar move between BO level to the previous swing high.. lets see what happen in GMR.. wait for the level to breach for testing this hypothesis...

navingoyal2003 Updated 

Price action analysis If stock near the support level and if it crosses EMA20 then it can give an impulse move.. SL 56.80 Entry above 62.95 on 15 min candle close T1 65 T2 74

navingoyal2003 Updated 

LTTS If a stock breaks its immediate resistance then only do entry for the immediate high target e.g. Entry above 5450 for a target of 5820. This analysis on monthly chart. Wait for the correct level for entry.

navingoyal2003

Price Action Analysis always wait for HH to enter the trade to get an impulse move.. in the current situation 15 min candle close above 53.50 then one can enter it with a target and keep a SL.

navingoyal2003

Ashok leyland is reversing from his support and making high on 75min chart..now stock is going to face the highest OI at 130.. if it crosses 130 then target comes 137. Always wait for the resistence level to cross before entry then it will give an impulse move..

navingoyal2003

Wait for the correct level of entry for the impulse move..

navingoyal2003 Updated 

Price Action Analysis Always wait for the correct level for entry. Correct level for entry is 11.90 as it is a weekly resistance then target is 13.65 with a SL of 10... Highest OI is at 11 and call writers are still strong and if it cross the resistance level then call writer do short covering.. hence always see OI with Price Action Data.. Best of luck in your study..

navingoyal2003

Price action + OI If a script is giving high close (Monthly) then if it give close above next resistance then it will give a sharp short covering move. So in this case if 750 call is having 35L share OI on 30.11 1.45 PM. as and when it cross 753 then target is 781.. SL is 690/- ADX is strong and RSI is also in bullish zone.. these can be combined with Price...

navingoyal2003 Updated 

Price Action suggest that if Stock is not breaking down low of Previous month (686) then one can go long for the target of BO candle high (750) with the SL of retest candle low (667). Happy Learning!!

navingoyal2003

As per price action pattern as and price breaks previous day high at 52 W high then it gives an impulse move..

navingoyal2003 Updated 

Previous analysis of Price action to achieve 714 based on the analysis was visible on the chart.. Generally when price breach on the recent resistance.. it gives a impulse move to the next resistance..

navingoyal2003

Price action analysis + retracement.. .Entry, Target and SL given.. can you spot them..

navingoyal2003 Updated 

Giving a price BO from a congestion zone and crossing previous day high generally gives an impulse move.. It may be possible in Delta..

navingoyal2003

Once stock comes out of distribution phase and made HH then it gets an impulse move to the previous resistence.. it may happen here..

navingoyal2003

One should wait for the right level to entry and not jump on every price point.. price action works and respect levels..

navingoyal2003 Updated 

Generally when price BO from the strong resistence zone it gives a strong move. This has happened in the last 3 days in Bharti. Wait for the confirmed BO only. Do check your Risk Reward and SL.

navingoyal2003 Updated 

Strong resistance of 1811, can give strong price action and easily achieve T1 & T2.

navingoyal2003

Price Action Analysis - If BHEL not only give the BO of Symmetrical Triangle but also above major resistance then it can go to T1. This BO may generate thrust of fresh buy..