Technical Analysis — Education — TradingView — India (2024)

Wyckoff developed a price action market theory which is still a leading principle in today's trading practice.The Wyckoff method states that the price cycle of a traded instrument consists of 4 stages – Accumulation, Markup, Distribution, and MarkDown. 👉TEXTBOOK EXAMPLE Accumulation Schematic: Wyckoff Events and Phases👈 Price Action Analysis And this is...

Hello Traders !I ussually use basic chart pattern on my technical analysis. I think it's very useful for traders. Many trader still use it and CMT book still write and train it for many student in the world.Some chart pattern which I appreciate like as :1/ Head and Shoulder2/ 2 Top -2 Bottom3/ Flag pattern4/ WedgeExample, Gold chart (h1) as bellow, I use...

This is my today's (13-06-24) trade on #BPCL .Booked 1:1Stock was on strong uptrend,Entry based on Pullback at good Demand zone with confluence of proper signals moving averages and volume.Overall Market was in sideways today so stock was not giving strong movements.Then booked 1:1 &close.Im hoping 1:2 hits tomorrow

NSE:ADANIENT Hello, Traders! 👋 I hope you’re all having a fantastic weekend! 🌟 Whether you’re sipping coffee, analyzing charts, or just enjoying some downtime, let’s make it even more productive. 📈💡In today’s educational post, we’ll explore a concept that might have slipped under your radar or left you slightly puzzled. No worries—I’m here to shed light on...

This post is only for Educational Purpose.Just to remind you all the Power of technical Analysis.What a picture-perfect move by National Aluminum with, - Wave Theory - Bullish Continues Divergences with MACD- Double Bottom & Top Chart Pattern- Tringle Pattern Breakout with Retest- Reversed Bullish Divergence with RSI All these together works perfectly here.

Investing in the stock market can be both exciting and overwhelming. There are so many stocks and strategies are there that make it hard to decide where to invest. That’s where technical analysis comes in. It’s the study of market data to find patterns, trends, and potential opportunities.To get started with technical analysis, you need to first understand...

1. January - The Value at Play Before we start discussing the different technical chart patterns, we need to have some clarity on how buying and selling happens on stocks and options. Every trade has a buyer or seller. That means at a specific point in time, for a specific price there are 2 conflicting thoughts Someone who thinks the price is too cheap...

What is a Diamond Pattern? The diamond pattern is a unique formation characterized by two converging trend lines, creating a pattern that resembles a diamond or kite. Within this pattern, price movements oscillate, presenting traders with an opportunity to make informed decisions. However, to successfully navigate the diamond pattern, you need to understand its...

NSE:ADANIENT has created a symmetrical triangle on the chart. Most of the time symmetrical triangle is created when stock is moving side ways (neither moving in up trend nor in down trend). Stock can move to any direction once it comes out of triangle hence it requires caution before placing trade. If stock breaks out (on upper side) than we may see up trend from...

#We Make Only Profit.#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATAThe long black candlestick is 'the mother' and the small candlestick is 'the baby'. The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle's body. ...

#We Make Only Profit.#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA whats is trend line?Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the...

Intro: In the dynamic world of financial markets, trading strategies have evolved significantly over the years. With advancements in technology and the rise of artificial intelligence (AI), algorithmic trading, also known as algo trading, has gained immense popularity. Algo trading utilizes complex algorithms and automated systems to execute trades swiftly and...

The dual top pattern is a popular technical analysis pattern that can signal a potential trend reversal. This pattern is formed when the price of an asset reaches a resistance level twice and fails to break above it. The two peaks of the pattern look like two mountain tops that are approximately equal in height, with a dip or valley in between them. The neckline...

Analysis on 6th Jan 2023. For Study Purpose- - Make it Simple as possible.- State of mind while trading far more important than actual amount you trade, so don't confuse by putting too much analysis every time.- In Above chart you can see how clearly trend changing can be captured just with little bit of conviction on study. Wish you a Happy...

Recession is a scary word for any country An economic recession occurs when the economy shrinks. During recessions, even businesses close their doors. Even an individual can see these things with his own eyes: 1. People lose their jobs2. Investment lose their value3. Business suffers lossesNote: The recession is part of an economic cycle.If you haven't read...

A Back-tested Profitable Strategy for Free!!A PIVOT INTRADAY STRATEGY for 5 minute Time-Frame , that also explains the time condition for Indian Markets The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more.The commission is also included in the strategy .The basic idea is when ,1) Price crosses above ema1...

Steps To Follow - 1- Open The Chart In DTF (Daily Time Frame)2- Switch To Line Graph To Capture CLOSING PRICE Of Stock3- Now Take Trend Line From Your TOOLS and Construct A Trend Line (Joinig the CLOSING PRICE of Stock)4- After Constructing The Trend Line ( SEE ALL POSSIBLE CLOSSING PRICES IN THE CHART )5- Now Switch to CANDLESTICK CHART 6 Now see where your...

3 Parameter Strategy is a very powerful strategy based on 3 indicators. This strategy works best with Daily Candlestick Charts It can be traded with different styles of entry and exit. Instruments Futures Cash Indicatos Used: Bollinger Band MACD RSI