TRADING ARTICLES
Reliance Price action – Range continuation or Breakout ?
By Trading Predator February 28th, 2018 No CommentsReliance is one of the very few blue chip companies where trends are quite predictable, easy to spot and analyse. Since from Nov 2017, Price action is trading roughly within a range of 100 points (970 – 870). It’s quite easy to see the range structure in Daily chart, respective key levels are – support
Copper Price Action – Expect Sharp momentum moves in coming days
By Trading Predator February 26th, 2018 No CommentsTrading copper was quite challenging in recent sessions, especially finding short-term trading setups on lower time frame. Price action was completely hectic because of constant price gaps and less liquidity. Take a look at the daily chart of Copper We could see the same Market structure since Sep 2017; many traders would look at the
Axis Bank Price action – Focus on the Structural Support Zone
By Trading Predator February 26th, 2018 No CommentsBanking sector was in media spot light for the last few days, many stocks offered excellent opportunities for Short term traders. Price action in lower time frame was very volatile with multiple ups and downs, making it quite challenging to find trades. Nonetheless market movements offered good trading setups on both sides. Axis Bank Price
Bank Nifty Price action – Next Support zone is the temporary hope for Bulls
By Trading Predator February 21st, 2018 No CommentsMarket prices are always driven two by major emotions called as “Greed” and “Fear”, Out of the two Fear is more powerful than greed. Price action of Bank nifty is a recent example of this adage! In the last month (that’s during Jan 2018) Bank Nifty rallied from 24800 to an all-time high of 27600.
A Bearish Price action saga in PSU Banks
By Trading Predator February 19th, 2018 No CommentsPublic Sector Banks are crumbling under bear’s grip, Shares of Major PSU banks are trading lower as they continue to take the hit post PNB Scam. As Charles Dow (the famous forefather of Technical analysis and Inventor of Dow theory) once said “Prices discount everything”, Price action of many Bank shares reflected the Bearish sentiment.
