Nestle Weekly Chart CMP 16798.85
.
Line 16539 is a crucial line on which hinges the rise and the fall.
.
The current Weekly Candle comprises of week’s first three daily candles.
.
It seems it has support for the last three days on 16539.00.
. 1/n
As per Nimblr Candlestick Course, it is hinged on at least three Indecision Candles as marked 1, 2 & 3.
. 2/n
How do we go about doing it?
.
Here below.
.
Let us print the unmarked raw Candlestick Chart as below:
. 3/n
Let us note the High and Low as apparent on the chart, as below:
. 4/n
Let us now move to Line Chart as below
. 5/n
Here distinctly the wave structure is well clear.
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There are Tops and Bottoms.
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Let us draw them with values printed.
. 6/n
A horizontal line on the previous top with value 16539 of the Top as per Line Chart.
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Another Top line is drawn which has a value at 14959
.
7/n
Let go back to Candlestick Chart.
.
We are seeing a definite structure of a step by step fall from Top 18369.95.
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Let us mark those Values and name it as follows
. 8/n
Fall below LL 16052.20 Target can be the previous Top 14959.
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If you may observe Line 16539 is a crucial line on which hinges the rise and the fall.
.
Weekly Close on 3Jul20 above 17749 may rise to 20687.
.
12/12
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In this thread, scanned some interesting momentum stocks from Technical & Fundamental aspects, which could be worth a look.
.
As per Nimblr TA
. #Stocks#Watchlist#investing#StockMarketindia
🎯Investing with Gaps🎯
.
A Thread on Gaps and How they can be used for Investing.
.
Like & Retweet
. #stockmarkets#trading#investing
Gaps are basically blank spaces on Trading charts.
.
There are Two Primary Gaps
✅Gap Ups
✅Gap Downs
.
The first perception of a Gap on Charts is one that Light can pass through.
.
Something as shown below in the chart of SBI 5min
.
Technically, if it is a:
✅Gap Up: Open is above the previous High of the
day.
✅Gap Down: Open is below the Low of the Day.
📈They look exciting for Trading & Investing📉
.
In this thread, scanned some interesting momentum stocks, which could be worth a look.
.
If you like this thread, please like & share.
. #NimblrTA#stocks#StockMarketindia#watchlist#Trading
Master-piece of a set up on 1minute that we at Intern Programme traded
.
Controlled the Trade to make the Final Bonanza.
.
Do go through the stages of an Impulse.
. 1/n