sri21

sri21

This analysis is on Netlifx ($NFLX) which made a ATH of around 700 and now is present trading at 190 levels. Everything happened so fast, in a matter of just under a month of trading, that many investors lost big money. So what was the crucial level? And where were the supports? Why didnt the support work? Did Earnings alone spoil everything? Markets discount...

sri21

In this example, I have shown how an accumulation phase with resistance zones and support zones leads to breakout phase with an uptrend marked by series of higher highs and higher lows. Ideal entry level along with stoploss level are also indicated

sri21

Here I am using 200 DEMA(Purple line) along with Supertrend(12,3) setting to enter Long positions when close is greater than 200 DEMA and Supertrend is positive(Green). Short positions initiated when close is lesser than 200 DEMA and Supertrend is negative(Red).

sri21

Last week was turbulent and nifty broke 17000 and then 16500. Friday session's lows was below 16300. Highest OI for support on monthly options now stands at 16000. But will Nifty be able to take support at 16000 and bounce back for another round of sell off? Next logical support stands at 15500 which was last highest consolidation zone from which Nifty...

sri21

EUR/USD monthly analysis shows that it is trading at the lower end of the support zone, which it took support multiple times in the past. Fibonacci retracement shows that it is nearing the 0 level. Will it bounce back in the consolidation zone or break?

sri21

Applying classical Price Action, Support/Resistance to #EURUSD

sri21

Applying Price Action based trading to EUR/USD pair. Supports and Resistances are marked along with entry and exit for optimum 2:1 Reward to Risk ratios.