Hi there, i have been sharing the chart patterns which are seen on any type of price charts. (CANDLESTICK CHART) and after research and experience, i see that the price move via various ways or concepts. as per my experience, i see that the price move via waves & correction, and react to supply and demand levels. please share it and one may need it. and this is...
Wipro was bouncing between a strong support and resistance. After the breakout bought at the pull back . Huge moment after the pull back .
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...
AS WE CAN SEE NIFTY 50 IS GIVING ROUNDING BOTTOM BREAKOUT ALTHOUGH WE CANNOT CONFIRM THIS BUT WE CAN SAY THAT CURRENT TREND IS STRONG AND WE CAN SEE UP MOVE ION FUTURE ONLY FOR LEARNING
AS WE CAN SEE NIFTY 50 IS CONTINUING UPTREND BY FORMING HIGHER HIGH AND HIGHER LOWS. TODAY'S CANDLE ALSO SUGGEST CONTINUATION OF UPTREND WHICH SUGGEST WE CAN SEE NIFTY HEADING TOWARDS ITS RESISTANCE OF 11550 - 11600. ONLY FOR EDUCATIONAL PURPOSE.
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.
WAIT FOR VOLUME SUPPORTED BREAKOUT TO TAKE ANY POSSESSION
WE NEED ANY DECISIVE MOVE IN NIFTY 50 AND IF IT GOES UP IT CAN TEST THE CLOSEST RESISTANCE AND IN DOWN MOVE SUPPORT.
DEEPAK NITRATE HAVE GIVEN BREAKOUT BUT THE RUN UP WILL RETRACE TO SOME EXTENT BEFORE GOING UP. SO ITS BETTER TO WAIT FOR TAKING POSITION. ... Its only for educational purpose and please consult your advisor before taking position.
Here I show you a simple trading strategy to execute a Long trade using TRADEMASTER analyzer indicator. You can use the same principle to execute a Short trade also. Feel free to modify and use the strategy according to your own needs. you can also add other indicators for extra confirmation of the price action. Position sizing is strongly recommended here to...
Starting 2004 was a New Era of the Indian Political System wherein former RBI Chief and Finance Minister Mr. Manmohan Singh was elected as the Prime Minister of India. From there the Indian markets saw a quick growth and transformation, Sensex rocketed from 4800 levels to 21,000 level in a matter of 4 yrs. Then came the Sub Prime crisis in US which rattled the...