ssvirdi

ssvirdi Updated 

Chart type - Heikin Ashi Time frame - Daily Indicator - Guppy Multiple Moving Average Today we have a Red HA candle with a strong body which shows a countable decline in the momentum. Also a day before we have a doji candle at the top of the uptrend which is a sign of trend reversal. But I wait for the bearish crossover or a strong breakdown of the moving averages.

ssvirdi

Hello Trades, I shifted my focus on the Oil and Gas sector. From Sep 21 to Sep 23, we see the price is moving around a price zone of 7710 to 8164. This zone acts as a resistance. But recently on the weekly chart we see a bullish crossover below the resistance zone and the price has entered the resistance zone. The HA candles indicate the upward momentum in the...

ssvirdi

Time Frame : 4H Chart Type : High-Low (High-Low chart type filters noise from the chart and gives us a candle with High-Low) The resistance zone is marked on the basis of the bearish move of 13% in 10 days (13August to 22August). The price has marked a zone of 1618.50 to 1660 and now the price has further declined 5% from this zone. Now the price is at the...

ssvirdi Updated 

Chart - Heikin Ashi Timeframe - 4H Resistance Zone - 1635 to 1647 20 ema - 1634.25 50 ema - 1643.36 100 ema - 1664.89 200 ema - 1710.45 Fib Retracement :- 38.20% level 1732.88 50% level 1789.44 Note :- The breakout of 1647 level will also give us the breakout of 20 ema and 50 ema. Trade Setup :- 1. Enter on the breakout of...

ssvirdi

Hello Traders, Get ready to play a positional trade in ethereum on weekly tf. The correction was started from the levels of 4868 in Nov2021 and after 18 months of correction the ethereum is getting ready for an uptrend. Let's understand the technical data ema(20,50,200) - Buy ema(100) will act as a Resistance1 Level 2023 will act as a Resistance2 ...

ssvirdi

Hello Traders, The structure of Granules looks very promising. The price is getting momentum and is ready for a trend. The level of 284 is important support on a weekly chart. And the price has been tested at this level many times but never been breached. But for sure it will spend some time at levels. So, I expect a good positive trend in the coming days. Be...

ssvirdi

Technical Data - Negative (30m and 4h charts) Intraday Chart The price is far away from 20ema line. Both of them will try to touch each other by Time Wise Correction or Price Wise Correction. So on intraday level a small recovery might be seen. Swing Chart On 4h chart the technical data shows the weakness in the chart. A new low of this swing can be tested this...

ssvirdi

Hello Traders, I am tracking the ethereum on 30m and 4h time frame. On 30m chart - Bollinger Band Squeezed - ema(20,50,100,200) lies in between the Bollinger Bands - RSI Neutral - MACD Neutral From these levels we can get a good trade on either side. Wait for the breakout or breakdown and enter the trade in that direction, a good small...

ssvirdi

Time Frame - 4H Candlestick Chart 1. Falling Window Pattern 2. ema (20,50,100,200) - Negative - All four lines are squeezed the wave. 3. RSI < 40 (Negative) 4. Bollinger Band - Squeezed in a pipe like shape - Breakdown of the lower band - Negative 5. Macd - Bearish Crossover - Histogram shows the selling...

ssvirdi Updated 

Technical Analysis on 2H time frame. Figure 1 1) I use EMA of 20, 50, 100 and 200 periods. 2) The moving averages are contracted in a very symmetric way. 3) The 20, 50 and 100 ema lines are almost on the same level. 4) The resistance comes on the level of 81 Figure 2 1) On 17 Feb we got the breakout of the triangular pattern. 2) The price tested its...

ssvirdi Updated 

IGL looks bullish on 4h chart. Technical Analysis: Candlestick Chart: - Breakout of Triangular pattern. - Breakout of Resistance at 436. - EMA 20,50,100,200 + Moving average lines expanded. + All moving average lines are arranged according to their position. Renko Chart (Brick Size = 5) - 4 Bricks are printed + First 3 bricks formed the...

ssvirdi

Technical Analysis Figure 1 1) Bollinger Band squeezed and formed a pipe-like structure. 2) Breakout of the upper band. 3) RSI > 6 4) MACD Bullish Crossover and histogram gives the buy signal. Figure 2 We use Exponential Moving Averages of 20, 50, 100 and 200 periods. - The averages are expanded. - The price is testing its 100ema - The overall structure...

ssvirdi

Technical Analysis of Nifty50 index on 4H Chart by using exponential moving averages of 20, 50, 100 and 200 periods. Also we use Fibonacci Retracement for the analysis of levels. As we know that the market moves in the cycles of Expansion and Contraction. EMA (20,50,100,200) 1) EMA lines are contracted after the expansion. 2) The 50ema and 200ema are almost on...

ssvirdi Updated 

Candlestick Chart + The moving average lines are contracted. + Track the price until it crosses either 50ema or 100ema lines. + It may test the level of 200ema to end its correction. + So, the levels of 1600 to 1626 may be tested to complete the correction. Renko Chart (Brick Size = 7.5) + Fibonacci Retracement The price can test the level of 1626 which is...

ssvirdi

The selection of right time frame for day trading (Intraday) is a very subjective question and is frequently asked by the novice traders. The selection of the time frame depends on many parameters. But according to my experience it depends on mainly two parameters. 1. Stoploss 2. Signal strength of your trading strategy. The time frame from 1 minute to 1 hour is...

ssvirdi Updated 

Hello Traders keep Granules on radar .... Granules makes a Rounding Bottom pattern on a daily chart. If it gives a breakout of 326.10 and holds it strongly. Then we will see the levels of 362.20, a move of more than 11%. 362.20 is a Resistance on the weekly chart. Happy Trading

ssvirdi

Catch the moment in Rites (nse symbol) Stock selected with 3 Parameter Strategy Buy near 316 First Target 334 Second Target 366 Cash Market stock

ssvirdi

Hello Traders ..... Correction in the price is very important for the traders, it gives us the opportunity to enter a stock before a new trend. Because we always see a correction before the start of the new trend. The same styled correction is seen in Naukri. Naukri is corrected more than 50% from the highs. And now we see the signs of the completion of that...