Sharing idea after long time..... While going through charts observed this. Nifty weekly chart is having RSI divergence. RSI divergence is extremely reliable tool to predict price action in near future. Traders need to go back in history and analyze RSI divergence(Bullish or Bearish) with different price charts. Have marked Fibonacci levels for...
Nothing to add much, in such markets i love to fall back to basic rules. For me the most basic rule of the market is Demand and Supply. Market never turns its back towards this system, price will always respect these zones. Other two systems i will prefer after zones is channel and Fibonacci, have used all three in this chart. Mark these levels on your...
Sharing Demand and Supply areas for nifty. These areas will work as support or resistances. Keep them marked on your chart. Using My own indicator of volatility for trend guidance. Check the script it available in indicators. Will share the time analysis and few important updates in coming months. Follow the price pattern, we are making swing lows now....
Sharing the Idea after long time, was busy with some personal work. In today's idea i am sharing two charts, Nifty daily and weekly chart. Have marked Demand and supply zones on chart. Every demand zone may provide the long opportunity and supply zone will give shorting opportunity. Once price closes above or below demand/supply zone they change the...
Have marked many levels on the chart directly, keep these levels under observation, whenever price will touch these levels be alert. Price is in complete up trend, for my trading i am keeping 2 price levels on scanner. 1. 11910 2. 11550 I personally expect market to go up till 11910 before it closes below 11550, if we dont go up till 11910 and go south...
We are looking at EURUSD 15mn chart. Many traders use different different time frame charts to trade. Idea is to follow the trend and be on the side of price action. 1. Trade only When price closes above or below, both blue lines. 2. Exit half quantity when price closes above or below the first blue line in the opposite direction of the trade 3. Keep...
I have created the strategy and traders can use it for their benefit. Have explained how to use it. Traders adjust settings for your instruments. Trend is our friend this is the policy we are trying to achieve with this. This is my first video idea, i will try to do it more and more if time allows me to do so. Please Give your feedback on the strategy and video.
Publishing ICICIBANK gann square analysis for near future, we are near 45 degree line which is very important line, trend can change at or above this line. have marked history for reference. price seem to respond perfectly to gann arch and lines. Traders can use this published idea to do further analysis of price action. Traders who don't trade ICICIBANK...
This is different style or type of analysis i am publishing. To do this analysis i am using RSI indicator along with price action. In 220 calendar days RSI showed divergence 8 times. Once the divergence was witnessed price moved minimum 3.5% in expected direction. When i said expected direction let me be clear about divergence concept. Divergence is whenever...
The price analysis is done on the basis of most basic methods of technical analysis. That is swing high and lows. Levels are marked on the chart and we expect price to respect these levels in future. This is not trading idea but this is to understand how price may move in near future. Traders can use these lines or zones to decide their own trades. Blue...
Title of this idea is Back to basics and reason behind this is I am using my most favourite system of analysis after big gap. Important points are already mentioned on the chart. Will love to mention few more. 1. One can use 9EMA high/low for entry exit. 2. Another option is to use intraday swing tops and bottoms 3. Third option is to use channels for entry...
Nifty is ending its cycle and will be starting new cycle from tomorrow. The analysis is shared on chart only. Trending move is expected once we start new cycle. Move in price terms needs to anticipated with structure,Fibonacci or Gann way.
As we can see in the chart nifty closed above the down trend channel. and we can expect the market to test the upper resistances. Imp level is 127% above the all time high and the all time high it self. If price is not able to sustain above these levels then the price can fall sharply. I am using the hourly chart structure to decide the imp support and...
Today i am sharing extremely important thing with all. Check my chart, 1. You will find many imp levels marked on hourly chart. Thin red lines are for W.D. Gann Sq of 9 converted in nifty numbers. (Many people charge lots of money to teach these levels :-) ). 2. Another set of lines are result of my own finding or concept which I invented (1080 method of...
In my last analysis i have marked the supply zone at 10137 but price moved higher than that and made high of 10178. With this the supply zone moved higher as in smaller time frame chart we changed the trend at 10178. As a result of this we have price trading in supply zone only. Price bounced twice from demand zone around 9680, as we have marked in earlier...
Following is not a trading advice or idea at all.... Check the monthly chart of the US30, Following months are historically important for trend change. October 2017 and November 2017 are important months from many tops and bottoms. Hence fall is coming and it will be in This or the next month. The fall wont be small correction it will be a big fall as yearly...
Have plotted up trend channel for short term and long term up moves. Price is adhering to all channel lines. Please check the demand supply and support lines marked on chart. Keep these levels under observation.
I have mentioned the important points on zone. In addition to that please keep following things in mind while trading. 1. At current market price we are in no trade zone. 2. Longs created at our time and price bottom can be held for price conformation for exit. As we are approaching the resistance zone just above the price we can experience nice selling...