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Tag Archives: Trend reversal

Zinc Price action shows another trend reversal formation on Weekly chart of MCX

Zinc – Another Trend Reversal attempt over the Long term Trend

By Trading Predator August 2nd, 2018 No Comments

Since the month of June, most of the base metals are having a bad time. The MCX benchmark metals such as Copper, Aluminium, Lead, and Nickel tumbled from the Highs. On the other hand, Zinc lost the shine and dropped to multi month low. It’s the worst performing non – ferrous metal so far this

Price Action Trend Reversal Attempt within the Long term Trend

Vedanta Price Action analysis on Long term trend – Reversal Attempts

By Trading Predator May 30th, 2018 No Comments

Some radical changes are taking place in Vedanta share prices. Long term trend plays a major role in Stock Analysis. Any changes in long-term trend can influence the market behavior and Price action on all time frames. That’s the case in Vedanta stock prices. Since beginning of 2018, shares tumbled from the high of 350.

Idea Share prices terminated the Down trend

Idea Share Prices Experiencing sentiment shift in Price action?

By Trading Predator July 26th, 2017 No Comments

Price action reveals some interesting formation on Idea Weekly chart. Well the Reason I choose weekly chart over daily and 4Hr timeframe is due to clear Market structure. Noisy randomness – fluctuations are leading to false interpretation in both 4hr and Daily, whereas in weekly chart it’s pretty clear. It seems like Idea share prices

Axis Bank - Will the uptrend continue or reverse

Axis Bank – Is it a New Uptrend or Temporary fluctuation?

By Trading Predator March 8th, 2017 No Comments

Axis Bank share prices are making higher highs. We are seeing a correction or retracement above 500.00 (a notable psychological round number and key level). Well previous retracements which tested the trend resulted in trend continuation – Will the same happens this time? Since the beginning of this year, Investors are quite optimistic on this