satyam15

satyam15

TATA MOTORS after 2017 crossed 200WMA the volume is huge w.r.t previous week this chart is clear example of price action volume First rectangle : Accumulation Second rectangle : small breakout retest and again accumulation then big breakout with huge volume we can not predict intensity of breakout but closely if we follow price action we can read movements in the...

satyam15

bhav bhagwaan chey!!! simple price action accumulate it breakout above 179 sl closing below 149 for tgt of 179+30 = 209 anticipating therefore be conservative trade only with emotion free money

satyam15 Updated 

hammer is considered to be as support for going upside on stock. here it forming weekly hammer which is considered more strong so accumulate axis bank for upside tgt of 640, 657, 678 sl 533 be patient and invested and trade only with emotion free money

satyam15 Updated 

its not perfect but as forming on horizontal boundary can consider it. paper trading as we miss accumulation we are conservative on position sizing sl will be 49 on weekly closing i.e. if it break 49 on daily come out and close above 49 then re-entry as we don't know how much fall will be there with volume so this way we are safe from high speed fall. target is...

satyam15 Updated 

breakout above 525 on weekly basis sl 416 target 839 accumulate till 462 be conservative its anticipation till breakout occurs on weekly basis make volatility friend

satyam15 Updated 

FORMATION OF INVERSE HEAD AND SHOULDER PAPER TRADING accumulate till 544 with sl 527 BREAKOUT ABOVE 646 TARGET 1000

satyam15 Updated 

a bookish cup and handle formed on bank nifty. handle retraces between 62%-50%. confirmation above 3% of 21967 i.e. 22626

satyam15

support tested in history acted as resistance

satyam15

support tested in history acted as stiff resistance

satyam15

a bookish cup and handle formed on bank nifty. handle retraces between 62%-50%. confirmation above 3% of 21967 i.e 22626

satyam15

a bookish cup and handle formed on bank nifty. handle retraces between 62%-50%. confirmation above 3% of 21967 i.e. 22626

satyam15

on daily basis clean formation of inverse head and shoulder.

satyam15

formation feb 2016 to may 2017. target achieved in october 2017

satyam15

nifty weekly inverse head and shoulder formed breakout in august 2009 and and target achieve in november 2015. target height of head 4649-2921 = 1728. therefore target 6377 achieved in nov 2015

satyam15

a perfect head and shoulder formed before fall of 2008 giving indication market topped out. here target of head and shoulder is said to be height of head 6357-4100 i.e. we expect fall of 35% but index fall about 45% and so target achieved. for better results of pattern try to find out pattern on long term time frame. here we have used Weekly time frame.