I thought these cypher, Gartley patterns are tough until I learnt it is based on fibonacci ratios. Draw fibonacci levels from X to A. Point B should not close above 0.618 fib level. The point C should form between A and B. Point D should not close above 0.786. Now lets see how to trade this Gartley pattern. Sell at 0.786 with the stoploss of few points above it....
Priceaction has broken the support. Sell below 52 with the stoploss of 52.15. Targets are 51.75 and 51.4.
Buy above 9885 with the stoploss of 9855. Targets are 9915, 9940 and 9950. Sell below 9855 with the stoploss of 9885. Targets are 9810, 9780 and 9760. Trading rules for "Vanathi Waves" 1. Enter trade after seeing priceaction for 15 mins. 2. If you are bullish wait for the priceaction to give entry for long. 3. If you are bearish , wait for the priceaction to...
Buy above 24200 with the stoploss of 24140. Targets are 24280, 24360 and 24420. Sell below 24080 with the stoploss of 24140. Targets are 24000, 23960 and 23900. Trading rules for "Vanathi Waves" 1. Enter trade after seeing priceaction for 15 mins. 2. If you are bullish wait for the priceaction to give entry for long. 3. If you are bearish , wait for the...
Buy above 499 with the stoploss of 494. Targets are 504, 508 and 512 . Sell below 494 with the stoploss of 499. Targets are 490, 486 and 482.
Price action has broken the resistance at 24490 - 24500. It will make the price to move towards 24200, 24100 and 24000. On the other hand if price breaks the resistance at 24500, it will move towards 24700 and 24940.
9955 - 9965 is the important support zone for nifty. On breaking it price action will move towards 9860 and 9800. On the other hand if nifty takes support, we can have bullish view above 9990 for the targets 10040, 10120 and 10160.
Query : What type of mind set needed to become a trader? Answer : Trading/investing is not for faint of heart. It is not for everyone. We have plenty of chances to make money, and there is also plenty of chances to lose money in share market. To make money one should learn technical analysis, form a trading strategy, trading rules, stick to the plan and execute...
People go for costly indicators, softwares etc. But do you know there is a very simple way to analyse? We all can use it. As children we all learnt about drawing lines. And these simple lines are still helpful and more powerful in trading. You need to connect two points to draw trend line. It should not intercept other candles. Try and see how trend lines are...
I have extended the line I drew yesterday. Buy above 10130 with the stoploss of 10100. Targets are 10160, 10180 and 10200. Sell below 10100 with the stoploss of 10130. Targets are 10060. 10030 and 10000. Trading rules for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3....
Buy above 24850 with the stoploss of 24800. Targets are 24920, 24990 and 25040. Sell below 24800 with the stoploss of 24850. Targets are 24720, 24660 and 24600. Trading rules for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price...
Buy above 10160 with the stoploss of 10130. Targets are 10190, 10220 and 10240. Sell below 10130 with the stoploss of 10160. Targets are 10100, 10070 and 10050.
Buy above 25020 with the stoploss of 24970. Targets are 25100, 25180 and 25220. Sell below 24920 with the stoploss of 24970. Targets are 24860, 24800 and 24720.
Buy above 145.5 with the stoploss of 144. Targets are 148, 150 and 151. Sell below 143 with the stoploss of 144.5. Targets are 141, 139 and 138. Swing trade. Always follow your trading plan.
Buy above 25070 with the stoploss of 25020. Targets are 25130, 25190 and 25250. Sell below 25000 with the stoploss of 25050. Targets are 24940, 24870 and 24820. Trading rules for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price...
Buy above 10155 with the stoploss of 10140. Targets are 10175, 10200 and 10220. Sell below 10140 with the stoploss of 10155. Targets are 10110, 10090 and 10060. Trading rules for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price...
Price action is filling the gap and now 415 is the resistance. Once it is broken, price will move upside faster.
Buy above 645 with the stoploss of 641. Targets are 650, 654 and 660. Sell below 641 with the stoploss of 645. Targets are 636, 632 and 628.