Scholar of markets since 2005. #PriceAction trader on a mission to touch a million lives. Dream is to travel the world, make new friends & LIVE life to fullest!
#INFY weekly & daily price action Though its trading above the BO zone but not much of strength is seen on up candles. In the absence of demand it may fall back towards supply turned demand zone where 762-765 will act as support. Below 760 it may witness more weakness.
#TCS back inside long term supply zone. Below 2240 it may witness more weakness. Stops above 2281 #LearnWithPAL
#ICICIBANK following this rising trend channel for last 1+ year like a small kid. Based on current view below pink dotted line close, the channel will be broken. Stay long & buy on dips near lower TL as long as price stays within this channel. #LearnWithPAL
#MARUTI price action explained #LearnWithPAL
#BANKNIFTY spot simple price action Find your trade #LearnWithPAL
Got a big break last night 2.30 AM. I designed a trend continuation positional EOD system & was using was it manually on #BANKNIFTY. However, my wish was to use it as a scanner to run it on more stocks & other time frames. I cracked it last night! #NeverGiveUP #ApnaTimeAayega
That's a wonderful approach bro..Realizing your mistakes & making an honest attempt to fix those will certainly help. Keep it up! I am doing to spend my time in automating my #BankNifty positional system. Manual back testing is done & its time to automate it.
#AXISBANK #PriceAction updated chart Up channel broke out and it is resting at previous pivot/swing low which is acting as a demand zone. Lets see if it holds or not. Pull back till 744-755 if followed by price rejection can be used to initiate fresh shorts with SL abv 767 CB
#INDUSINDBK #PriceAction simplified #LearnWithPAL
#TATAMOTORS following #PriceAction like a small kid 😀😀😀 Jaisa papa bolenge waisa hi karunga #LearnWithP
Simplifying #SBIN #PriceAction via trend channel & supply/demand zone Find your trade! #LearnWithPAL
#TVSMOTOR moving in a down channel & is bouncing off previous demand zone of 414. May test supply zone of 450-460 & if price gets rejected there then it may resume its downtrend journey. Confluence with upper TL would help. Find your trade! #LearnWithPAL
#AXISBANK price action Moving within Up channel & is poking out right now..rectangle with support around 755-760 range below which it can change the trend because structure will break. Keep an eye & find your trade! #LearnWithPAL
#BANKNIFTY is still moving within this rectangle so structure is intact until it moves out of it. Keep playing range bound moves... There is a possibility to fill the gap once it breaks down.
As expected #DLF got rejected at upper trend line in Daily and weekly both. Consolidation within the triangle is happening so play both sides until a clear BO happens.
Either side BO was supposed to give quick returns and #Maruti broke it on the downside giving instant gains..
One of the best & simple ways to trade price action is spot a stock/index moving in a rising channel & pick an entry near demand zone (post price confirmation). Vice versa is true to pick short trades in a falling channel & near supply zone #ICICIBANK #LearnWithPAL #KeepItSimple
#MARUTI is consolidating in a rectangle so watch for the breakout. Above 6600 it can reach 6674, 6735 Find your trade! #LearnWithPAL
Keep an eye on #TATAMOTORS & any dips till 164 can be used to add more. It can head for 169, 172, 175 in coming days.. View invalid below 160 close #LearnWithPAL
#BANKBARODA 128 done today...High made 129.45 so far... #OneGoodTrade