Moving Average Crossover - Simple Yet Powerfull Tool to TradeMoving Average Crossover i.e. Short Period Moving Average Crossing Long Period... Also known as Fast Moving average crossing Slow Moving Average. In simple terms - a 9 Day MA crossing 20 MA or a 20 MA crossing 50 MA. ENTRY - Take the next trade of the cross over on close or near the close. PROFIT - As per Risk Reward you set or Ride till the reverse happens whichever is early. STOP LOSS is few (%) Points below the reversing cross over to avoid whiplashes. See this Balrampur Chinni Chart - So Sweet Isn't it. Try on your favorite stocks. Exponential or Simple - Results are same. 9 crossing 20 or 20 crossing 50 or 50 crossing 100 is your choice on the time frame one wants to trade. Educationby prameshp2
My probable count for Balrampur Chini.Although, there are counts out there doing a big WXY , I'll be taking this large movement down on the weekly frame impulsive down and I have my reasons for that. The down move was nice and fast and this bounce has a volume confirmation pointing towards a down move.I don't disagree to the fact that this looks equally reasonable with WXY as primary but I don't buy it . Bearish divergence with RSI on weekly gives the potential down move a nice confirmation to it. My targets for this trend are indicated by horizontal support/resistance lines below. Elonagated 1 wave means a shorter 3rd and even a shorter 5th, IMO. would be looking for a 0.618 retracement for a larger 2 up. Remember, this is not a financial advice . So trade on your own opinions. Thank you.Shortby XtinCtUpdated 1
Balrampur Chini BuyBuy Available at very attractive price. With Good upside potential. Stop Loss : 58Longby UnknownUnicorn8500253
BalrampurchiniHow does a stock prepare for a rally (Bullish/Bearish)? Here is an example of a bearish rally. The stock created a top or resistance which could not be taken out. 50 DMA gave a down ward cross to 200 DMA. Price is making lower high and lower low.Shortby ParimalDevnath111
Balramchin - Bounce from a value zone.This can be good point to go accumulate the stock, provided the close of the week is strongLongby Trading-faces1
balrampur chiniStock must hold 100-98 zone for ant strong up trend otherwise looks in dangerby ravi21260
balrampur chini...some short term correction expectedlong position can be created below 110.Longby SuriUpdated 3