TRADING ARTICLES
In Yes bank should we buy the price action dips or bet for downside ?
By Trading Predator August 21st, 2017 No CommentsPrice action analysis is on Daily chart of yes bank Futures, A time frame that’s good for swing traders and positional traders. Price Action Analysis of Yes Bank on Daily chart Yes Bank gave excellent performance from the month of July till mid august, Bullish moves during the period coincided with RBI monetary policy and
Coal India Price action showing signs of Trend termination
By Trading Predator August 17th, 2017 No CommentsCoal India is in down trend – Mark down phase. Prices are tumbling since February 2016 from 330 (which is a decision point and structural resistance level as well) now trading near 230 per share value. Recently downtrend is losing steam and Price action showing signs of Trend termination. Taking short trades is not a
Sharp selloff challenging the Vedanta Bullish Trend
By Trading Predator August 14th, 2017 No CommentsVedanta Share prices rallied from 240 – 300 during the period of July to August. The movement correlated with general direction of Nifty 50 as a typical bull market. From April to July prices were in a range between 220 -240. Price action broke out the range high 245 in July and started trending upside;
Crude Oil Supply concerns casting a shadow on Price action
By Trading Predator August 10th, 2017 No CommentsCrude oil prices are now driven by macro-economic supply – demand factors. Finally Price action is making sense for traders. Recent data from US shows crude oil inventories drop by 7.84 million barrels, largest draw since September 2016. The main theme behind the recent move has to do with summer effect. Crude oil rallied from
Tata Steel – Look for Price action setup in the channel
By Trading Predator August 8th, 2017 No CommentsTata steel might offer a potential price action setup for swing and positional traders. Market participants should keep an eye on decision point at 600, any pattern or opportunity must form in the context of decision point itself. Analysis is on weekly chart; resulting structure or formation can be traded on both daily and weekly
