when the market makes a new impulse and pulls back it is said to be operating in a range. within the range we observe internal liquidity formed within the range and external liquidity resting on the tips/swing points of the impulse. as the tape winds the market prefers to make attempts on internal liquidity followed by external liquidity or vice versa and the...
Stocks has recently posted breakdown and it has seems that stock can reach initial level of 650 levels
Nifty in Ending diagonal which is coinciding with Downside RSI range shift.......If Nifty goes below 11000 levels than we might see big Down Trend on the chart
DX has shown profit taking decline in recent weeks. In the RSI, I am seeing a possible range shift signal developing as this rally is unable to move past 60 levels. On the DMI, I find that the Adx line has risen to above 60 and now peeling off. The DI lines are positively phased yet but a crossover now could activate a signal for the contra trade as well. The...