Some clean Price Action on RAMCO futuresWe see some beautiful price action here. Election day drop creates wipes out huge liquidity followed by a clean bullish run into consolidation. I see lower prices from here into the marked areas followed by a bullish run. Long00:47by smdcosta0
Predictions overall spot onI shared a video on election day in India highlighting explosive bearish candles. My thesis was that this aggressive move down would only be for a day or two and we would see again strong bullish action. These markets are manipulated. As predicated it happened and the futures I have been watching again exploded to the upside.Long03:37by smdcosta0
FAKE BLACK SWAN EVENT IMOToday is election day in India. Its a major event. We see huge black candle. This is all a manipulation event to create panic in th emarket.01:32by smdcosta0
SPOT ONHow to enter on these kinds of runs. The only way is to be patient and wait for a retracement. Long01:02by smdcosta0
Beautiful movement lowerWe see a text book movement to take the previous swing low liquidity. We dig deeper into the monthly order block. HTF is always king. I would like to see a little deeper dig lower over the next couple of days and then a bullish reaction to take prices higher. Purely based on algorithmic price delivery.01:31by smdcosta0
Confluence cityWe can take a long position using appropriate risk management once the SSL has been taken. We are in a long term OTE as well. We are also in a monthly bullish order block. With SSL lows taken it will put us in a daily order block as well. I would not take a long position without confirmations on LTF to mitigate excessive risk.Longby smdcosta0
RAMCOCEM1!05-12 Daily chart of RAMCOCEM1! LTP: 695.20 RSI looks strong and bullish Support at 675.10 (manual) Resistances at 744.65 (200 EMA) and 777.75 (manual) Looks like a buy opportunity for swing traders and sell on rise for positional traders.Longby travellingtradermumbai0