According to my analysis I can see a clear long trend in the stock with a stop loss of 1200 you can aim for 1:1.5 risk reward
I have marked IMPORTANT support and Resistance levels for BTCUSDT. These levels have been marked for a reason, utilise it with your indicators for MORE profitable trading trades please do like and comment if you want Support and Resistance for any other scripts. Thanks :)
Nifty 50 Support and Resistance levels- took lot of time to analyse and mark these for you guys and these are marked for a reason that prices may breakdown or breakout from these levels, also can stay in these range for a long time (if R1 not broken) Utilise these levels with other indicators to make your trading MORE profitable. Please do like and let me know...
Indiamart is set to break out/down because it has been consolidating in tight parallel channels for a while, a big move can be anticipated on either side ! look for additional trend confirmation !
Consolidation before the break Out/Down, Horizontal Channels are called, Calm Before The Strom Wait for a retest and then enter !
An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. Ascending Channels: How to Trade This Technical...
I Figured out Demand Zone for CanBK May consider trading once in these zone levels BD/BO happens
Canara Bank (CANBK) is showing bearish divergence with momentum and price which means that upmove is losing it's momentum How can i say this ? Because Prices are rising and momentum (RSI) is not rising in the given direction which shows lack of strenght, doesn't mean it cannot move upwards but the probability of moving down is more. This view can help us,if not...
A technical bearish view message is a notification that is sent to investors when technical indicators suggest that a market or asset is likely to decline in price. These indicators can include moving averages, momentum oscillators, and chart patterns.
Use volume. Place stop losses. Use other technical analysis tools. Buy at support. This is a bullish strategy that involves buying an asset when it reaches a support level. The trader is betting that the price will bounce back up from the support level and continue to rise. Sell at resistance. This is a bearish strategy that involves selling an asset...
The Channel Breakout technique is a simple, robust trading method made famous by the Turtles Traders. It's a profitable pattern favoured by many great traders and money managers. Like the Moving Average Breakout method, the Channel Breakout attempts to catch the early trend.
Wait for structure to develop in ethereum and you can go long/short depending on BO/BD
Torrentpharma has is showing bearish signs and weakness on upside, if not going short.. then atleast dont go long in torrent pharma
let's wait for BO/BD in atulind what ever side it is, I am sure.. It'll be trending ! trade while you watch
What a bearish setup this is that I spotted, Trust me.. These are the setups that I would Rank A. Recommend you guys to stay light or not at all on bullish tone.
Accumulation happening in apollo hospitals that can serve you with great volatility, not clear about the direction though
Ethereum support levels will help you stay cautious at these levels
Atul Ltd is undergoing a distribution is what I analyse. Please share your views