Price got rejected at 3860 zone and now consolidating at 3770 - 3780. Plan A - Sustaining 3770 - 3780, price may move towards 3850 - 3860, Plan B : Price may gap up and sustain 3850 - 3860 to move towards 3900, 3940. Plan C : Price may take resistance at 3770 - 3780 and fall towards the trend line.
Price is consolidating within small range. Formation of symmetrical triangle, bear flag is seen in the chart. Plan A : Sustaining 1395 - 1405 can make the price to move towards 1420, 1440 and it have to sustain 1440 to move up further. Plan B : Shorting at 1386, when there is bearish sign for the move towards 1374,1360. Plan C : Understanding the trend strength...
Price is breaking the trendline with volume. Buy above 65 with the stop loss of 60. Targets are 76, 84 and 98. Always trade/invest with stop and book profit in time.
Buy above 1914 with the stop loss of 1903. Targets are 1930,1950 and 1976. Sell below 1885 with the stop loss of 1898. Targets are 1870,1850 and 1825.
Price is inbetween support & resistance. Usually when we see a triangle pattern price consolidation, we expect a break out, some times fail to notice the near by support/resistance. Support zone is 1400 - 1410. Resistance zone is 1440 - 1450. At what level you have the advantage as a buyer? support zone. At what level you have advantage as a seller? Resistance...
Price was consolidating and tried to give a break out. Without bullish strength again it consolidated within a narrow range. Buy above 716 with the stop loss of 711. Targets are 721,726 and 731.
As a newbie trader everybody has doubts like, “Am I analysing the charts well?”, “Does my analysis skills are improving?”, “Have I changed my trading style?” etc... How to know these? By journaling you can know and measure your progress. Best way to journal your analysis is using trading view and publishing your analysis. You can publish as private ideas, if you...
This question has been asked before. It has been asked now. I will be asked in future. What question is that? It is nothing but, “How to select stocks to trade?” From beginners to expert traders, everybody knows stock selection is important. Especially for intraday it is very important as same stock won’t give movement daily. There are two methods. One is to...
In this chapter I am going to discuss about how new bie trader views the share market and the out come of it. After reading this my dear readers, write about your experience, so that it will help new people to avoid such costly mistakes. Mistakes are always costly here and beginners do that a lot. There two type of new bie traders. 1. Completely new to share...
Further upmove is possible if price break the trend line resistance with volume. If unable to break the resistance sell 412 with the stop loss of 415. Targets are 408,404 and 401.
Sustaining 398 - 403 will make the price to move towards 407,411,415 and 419. Bearish below 395 with the stop loss of 398. Targets are 392,389 and 385.
Trendline break out with volume gives bullish strength. Buy above 7895 with the stop loss of 7860. Targets are 7930,7970,8004 and 8040.