Got signal because of daily Heikenashi. Not completely convinced at this price. But anyway - tracking
As of now NIFTY is at resistance. Tomorrow pullback possible. but it should not close below Friday's low. Then potential for upmove is there. BANKNIFTY weekly became bullish this week.
Based on my understanding - BANKNIFTY has higher probability for being bullish. As indicated in chart 44646 is very important level in weekly. 46250 in Daily & (46300, 46130) are important in 1 Hr. Breaking close below 46250 on daily basis indicates daily trend change. Hourly pull backs can be upto 46300 and 36130 are important #banknifty
Entry is around 77.35, SL: 77.10 Can CRUDE continue to go up from here?
NIFTY analysis for next 2 weeks based on my learning of volume-Price Action analysis including weekly & daily analysis. Need to re-check in 2 weeks.
TRENDS: WEEKLY - UP - With good volume BN did not close < Prev. W-L - Inside candle - 2 Weeks indecision DAILY - Looks bullish possibility. Need to see INTRADAY (5 - mins) - Extreme Bullish. - Stop hunting possible due to extreme bullish condition. Mostly Gapup, Stop Hunt, and trend up.
For tracking purpose I am posting. Not any advise.
Trying to use 10 EMA/ 11 EMA to closely follow price, and SL. 1. Any time price crosses the EMA, and reverse we adjust SL 2. When SL is hit we #banknifty #nifty50 Hope you will also learn something from this.
Red candle breaks back-testing I picked multiple stocks. Checked for 3 weeks of data in back testing.
Something I observed with RED candles, breaking of their highs.. etc..
Before 14-Nov, can DJI reach 28308? Possible supports &resistances added on chart, for tracking.
Learning purpose only. Observing GANN lines .. If the trend hold, by 10 AM 33600 possible in BANKNIFTY. If trend doesn't hold, this is not possible I am thinking that best place to enter trade: 32900 ..