When price is at all-time-high, retailers want to sell. When price is at all-time -ow, retailers want to buy.
This is where they fall into a trap.
"Upar chala gaya hai aur kitna upar jayega"
"Niche gir gaya hai aur kitna girega"
Do yourself a favour and follow these steps...+
This is where they fall into a trap.
"Upar chala gaya hai aur kitna upar jayega"
"Niche gir gaya hai aur kitna girega"
Do yourself a favour and follow these steps...+
Put an Alligator on at least 1HR time Frame. If
1. Low of Candle is above Alligator Lips, price is bullish
2. High of Candle is below Alligator Highs, price is bearish
Check example of HUL and BANDHANBNK...+
1. Low of Candle is above Alligator Lips, price is bullish
2. High of Candle is below Alligator Highs, price is bearish
Check example of HUL and BANDHANBNK...+
Understand a little price action. If
3. Price is in upper right corner, it is bullish.
4. Price is in bottom right corner, it is bearish.
Consider example of TATAMOTORS and BATAINDIA. So if you are new to the market, follow market and not what you think "mujhe lagta hai"...+
3. Price is in upper right corner, it is bullish.
4. Price is in bottom right corner, it is bearish.
Consider example of TATAMOTORS and BATAINDIA. So if you are new to the market, follow market and not what you think "mujhe lagta hai"...+
If 1 and 3 condition meets, market is bullish, don't short without confirmation.
If 2 and 4 condition meets, market is bearish, don't buy without confirmation.
This post is just intended to stop you from selling and buying at the worst points in the market...+
If 2 and 4 condition meets, market is bearish, don't buy without confirmation.
This post is just intended to stop you from selling and buying at the worst points in the market...+
Catching the reversal trade is a different technical analysis all together which I will discuss some other time.
Discussed brief of this here katwalassetmanagement.com but couldn't stop myself from writing a thread.
If you reached here, give a follow to @rohit_katwal & retweet.
Discussed brief of this here katwalassetmanagement.com but couldn't stop myself from writing a thread.
If you reached here, give a follow to @rohit_katwal & retweet.
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