Hi NSE Traders, Greetings to you. Here is an idea / approach to trading NSE Stock Futures. As an ex-Banker from SBI, this is my personal approach. While most traders trade Options, that comes with far more risks than trading Futures. This approach ensures that your maximum loss can be capped to an amount set by you. It takes the benefit of Hedging to protect...
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern! For target measure the distance from the start of the pattern, at the lowest point of the rising trendline to the flat support line. That same distance can be transposed later on, starting from the breakout point and ending at the potential take profit level!
TradingWise Supply and Demand Indicator is based on the Price Action candlestick patterns to identify the Supply and Demand zones in the charts (Areas of liquidity). It works on all Timeframes and Asset Classes. This Script helps the traders to identify the demand and supply zones with identifications on the candle stick patterns indicating the origin of the...
ON WEAKLY BASIS WE CAN SEE THAT NIFTY IS MOVING IN CHANNEL WHICH SHOWS THE RANGE OF NIFTY 50. ON DAILY BASIS NIFTY OPENED HIGHER BUT IT WAS UNABLE TO SUSTAIN THAT LEVEL AND IT BROKE DOWN TO THE LEVEL OF 11242 AND AT THE END IT MANAGED TO REGAIN SOME OF ITS LEVEL. WEAKNESS IS STILL THERE IN NIFTY 50 CURRENT MOVE. EDUCATION PURPOSE ONLY.
EICHER MOTORS CAN SHOW A RALLY TOWARDS ITS RESISTANCE ON THE SUPPORT OF CURRENT NEWS OF SPLIT IN STOCK.
NIFTY HAVE FORMED TWO CONTINUOUS DOJI ON DAILY BASIS WHICH INDICATES INDECISION AND WEAKNESS IN TREND ALTHOUGH IT HAVE CLOSED ABOVE 11300 LEVEL BUT FORMATION OF DOJI SHOWS WEAKNESS IN PRESENT TREND. EDUCATIONAL PURPOSE ONLY.
PRICE IS MOVING IN RANGE AND ANY MOVEMENT ABOVE THIS CAN GIVE A GOOD RUN UP.
NIFTY 50 HAVE TESTED THE 11300 LEVEL AND ANY MOVEMENT ABOVE THIS CAN TAKE IT TO 11500 LEVEL. ONLY FOR EDUCATIONAL PURPOSE.
S1- SUPPORT 1 S2- SUPPORT 2 T1- TARGET 1 T2- TARGET 2 ONLY FOR EDUCATIONAL PURPOSE
r1- resistance 1 r2- resistance 2 t1- target 1 t2 - target 2 only for educational purpose
t- target only for educational purpose
ONLY FOR EDUCATIONAL PURPOSE NIFTY FIFTY HAVE SHOWN TWO NEGATIVE CANDLE IN PREVIOUS DAYS WHICH SHOWS WEAKNESS IN TREND SO IT CAN LEAD TO FURTHER WEAKNESS.
WE NEED ANY DECISIVE MOVE IN NIFTY 50 AND IF IT GOES UP IT CAN TEST THE CLOSEST RESISTANCE AND IN DOWN MOVE SUPPORT.
only for educational purpose marobozu indicate strong bullishness
Following patterns are found for data of 2015 to 2019 (5 years data) on weekly candle chart. Channel pattern Flag Patterns Currently running Head and Shoulders pattern Remarkable zone 1, 2 and 3 Head & Shoulders pattern is still uncompleted with right shoulder. The neckline target is 10063 At the remarkable zone, its has highly ...
I think Elliot correction wave is happening now in Tata Steel .Please give your feedback.