IRB Infrastructure could rally soonIRB Infrastructure has been consolidating on weekly timeframe for a very long time and has created a good BASE for upcoming rally, it is also near its All Time High Prices absorbing the SUPPLY, as well as we can clearly see the 50 Daily EMA + 200 Daily EMA following the price and Volume Dryups for Red Days and on Green days significant VOLUME activity and we also have NEWS catalyst like Quarter Profits rise and Record high Block Deals for the company, so we could soon see a Rally one we pick up
Exponential Moving Average (EMA)
The Ultimate Beginners Guide to Day TradingHello everyone My name is d3ffyduck
I am today gonna post some cool and new tips For the beginners in Daytrading.
I am gonna divide things in Chapters so you'll learn it with ease
Read it till the end Hope You learn something
Chapter-1 Timeframe selection
The choice of the best timeframe for chart analysis in day trading can vary depending on a trader's strategy, preferences, and the market being traded. Different timeframes offer varying levels of detail and may suit different trading
Research report on RSI for beginnersLet's break down each point and explain them ::::::::::::::::: Happy learning
**Basic Concepts:**
1. **What is RSI?**
- RSI is like a traffic light for stocks in the Indian market. It tells you if a stock is moving too fast or too slow. If RSI is high, the stock might be overexcited, and if it's low, it might be tired.
2. **Calculation of RSI:**
- RSI is calculated by looking at how much a stock's price went up and how much it went down in the last 14 days. This gives you a number between 0
Bounce in Bajaj HLDG & INV ?* Bajaj HLDG approaching 200 EMA (5855.30) on Daily time frame
* Monthly RSI above 60
* Daily RSI approaching 40 ( currently at 48)
* Trendline support from 6-7 months
* Entry on positive candle with confirmation
- Looks bearish as of right now but with positive market and positive price action with confirmation on Daily/Hourly time frame would give a good R:R
Bank Nifty - Cup & Handle PatternKey Points:
- On 15 MTF Bank Nifty form Bullish Cup & Handle pattern
- RSI 69 near to 70 and above RSI MA
- Closed above 61% FAB level
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only
intradayboth side potential but I'm interested in long side
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
TVS MOTOR - Bullish Flag PatternTVS Motor is in the formation of bullish flag chart pattern.
20 Period EMA is just below the current price act as a dynamic support.
All important moving averages likes 20, 50, 100 & 200 are placed below the current showing that the uptrend is still intact.
Flag pattern formation is going on and in this period RSI adjust from oversold to buying level
Weekly Time Frame Analysis
**Near the demand zone or flip zone(5850-6000)
**under 200 ema ( a little bearish zone)But if it take support from demand zone(5700-6000) then there is a higher probability
that it will be above 200 EMA in upcoming weeks.
**2nd time near demand zone( perfect time for add more quantity)That is how you play ur investment.
If you find any doubt, do comment
Dual breakout in Banknifty !!!!As, chart says banknifty have given breakout above 200DEMA where,
it has faced resistance 3 times earlier.
RSI above 60 indicating strength in breakout and confirms it's reliability.
Also, breakout from inverted head & shoulder pattern is visible.
Minimum target of this pattern comes to 36150 but it can move above this also.
I'll try to publish an elaborate idea on banknifty as it's PE stands on 17.71 below 1,3,5yrs average
and has strong buying interest at 15.54.
M&M FINANCIAL SWING TRADE(2/Feb/2022)Swing Trade(2/Feb/2022)
M&M Financial - Ready for an bullish move.
Price Action Analysis - M&M Financial is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
M&M Financial(2-Feb-2022)
Buy - 173
Target - 180, 185, 190
SL - 165
The Finwiser 📈📊























