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How to Trade with Ichimoku Cloud and its components after you price action trade setup? The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides …

What is Divergence? Divergence is when the price of a security and any technical indicator or oscillator is moving in the opposite direction or is moving contrary to other Statistical data. A Divergence in technical analysis signals that the current …

The Q2 results by the leading bankers were quite to the street’s expectation and so as the Bank index of the Indian Stock Exchange moved significantly higher marking an All-time-high of 41829.60 on 25 Oct 2021. The leading gainers were …

Support and Resistance is one of the most widely used concepts in Technical Analysis. Support and resistance represent key junctures where the forces of supply and demand meet. In the financial markets, prices are driven by excessive supply (down) and …

What are the important points to analyze candlestick patterns correctly? What is the psychology behind the formation of the candlestick patterns? Nowadays, Trading in the stock market with the help of a candlestick chart is very common. But more often …

Learn Trading the Harmonic Patterns Since the introduction of harmonic patterns in Harold M. Gartley’s 1935 book, Profits in the Stock Market, a lot has changed. So it’s inevitable that the original Gartley 222 pattern would undergo some developments as …

As expected Nifty supported the 15670-15700 level with buying pressure on daily closing basis at the primary trend’s Support zone in confluence. IT stocks underperformed with banks adding more character to the indecisiveness. Low VIX (12) indicates the stability in …

Nifty 50 Positional View Nifty50 shows no sign of weakness and eye new highs. Major supports are shifted way above the bears could dominate further. The market is near the crucial territory. It would be prudent to continue following every …

Daily Time frame Analysis Maximum Put open interest was seen at 16400 followed by 16300 & 16500 strikes while maximum Call open interest was seen at 16800 followed by 17000 & 16500 strikes. Aggressive Call writing was seen at 16800 …