navingoyal2003

navingoyal2003

If stock completes the Correction phase as per Elliott wave and crosses major resistance i.e. 500/- where maximum OI then a new 12345 patter will start...

navingoyal2003 Updated 

Few stocks support its critical moving averages beautifully.. it has supported its 200 DEMA and now above 20 DEMA.. further making some pattern and such type of pattern can give a move equal to the depth of the previous move.. but entry should be only above the marked level.

navingoyal2003 Updated 

Stock is attempting 3rd time it ATH.. and if it breaks that then sudden shoot up can be visible. Wait for the close of candle on daily chart above the ATH level...

navingoyal2003 Updated 

When a stock crosses the highest OI price then it gives an impulse move like a bullet.. 5555 is that area only as 5500 is having highest OI.. T1 and T2 are marked with SL.. never enter into a stock before the entry point...

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..