Rule of 52, by the name you must have understood that it has got something to do with number 52. Your guess is correct but this has got nothing to do with price prediction it has got everything to do with time, when price may turn. Up, Down or Sideways all such analysis can ...
Sharing the chart for CL1!
Demand and supply are plotted from recent price action.
Gann Square is marked on 1x1.
Traders can use the chart to decide on target or stops or entries. Sharing the chart with no view. These are just imp. levels.
I have never seen the price movement which responds to Gann Square as perfectly as EURUSD is doing.
Traders can take guidance from this chart to decide upon entry and target points.
Every line on chart is important and needs to be treated like that.
I wish happy and ...
Lines and curves are support and resistance for price.
The demand and supply zones are also marked on the chart which will give additional confirmation for price movement.
Trade setups are not mentioned on the chart because the trend perception of individual will be ...
We are at important price point as we closed in supply zone.
Important event in this week will be FED rate decision. I am not suggesting these moves considering FED decision. The levels are derived form demand supply zone and channel analysis.
As we are back in original ...
I am not sharing any trading idea in this, as price is between zones hence no trade can be initiated from current price point.
One can consider that we have already taken support of demand zone below the price and trade, but it will be assumption only. I will not trade ...
Intention of the chart is to share the trading levels for the banknifty, this is the short term view for the market.
I am not sharing the long or short view for this chart as intention is to share the levels not trading idea. Traders can use the levels to decide entry or ...
We have touched the lower line of down trend channel, hence we can expect a pull back from marked area.
If we don't halt then 8300 zone is on the cards and expect the up move from the demand zone of 8300.
Moving up wont be that easy, as we can sea that falling trend line ...
Price is AT the demand zone, hence coming days can give nice trade opportunity.
1. We need to trade only if candlestick pattern shows reversal.
2. The reversal pattern also needs to be seen on momentum indicator too.
3. The treading levels are mentioned on the chart.
As mentioned on chart we are out of up trend channel and just above demand zone below the price, Supply zone above the price is not far away which is making the price range bound.
If price closes below demand zone then we may witness a sharp fall in near future.
We are out of original up trend which started from 6826, once we close below 8550 we will be in structural down trend and we will form new down trend channel.
The Fibonacci levels are mentioned in the chart, closing below or above any Fibonacci level will open next level ...
I want to clear one thing that by sharing this idea i am not asking any one to trade on the basis of this. Please do your own analysis and then risk your hard earned money.
We are at important point in price and valuation of NIFTY. Current PE is around 24 and we are ...
Price( US30 ) is in correction mode, sharing this chart to assess the possible future move.
The lines on chart are support or resistance lines. One needs to be alert when price is trading near Gann lines or arch.
Pivots mentioned on chart are not part of pivot trading, ...
Same like nifty this is not any trading plan, I am sharing this Road map to give overview of current move and possible future move.
Lines on chart are marked in red and green, Red is resistance and green is support. Once Price moves above or below the line, perception of ...
This is not a trading idea, sharing this road map to share possible future moves of NIFTY.
I have applied the Gann toll on weekly chart, on daily chart we can see that price is responding to tool's lines and curves. We can hope in future also price will respect the tool :-) ...
Since January of 2015 we are below Red Supply zone and Above green Demand zone.
Sharing this chart for the purpose of capturing the trading possibilities in sideways price move. Same technique can be applied to any time frame any instrument.
On February or March of 2015 ...
We have already analyzed the Nifty on fibonacci. As per request by few friends on tradingview sharing bank nifty Fibonacci analysis.
This is not trading idea but this will definitely help us to decide important price points.
Please do your own analysis before trading ...
Last time we analysed SENSEX down move and the retracement in to it. This time we are analyzing the current up move.
Observations are on chart. According to current market move we can test 8260 or 9208 soon. One thing we need to keep in mind that this is daily chart so ...