price making higher high occilator making lower low

10. Sept. 2024

hello trading viewers
ITC daily
where price making higher high but occilator making lower low

there is two possiblity here


case 1 if price crossing up recent resistance and sustained
than upside possible for ab=cd , or pole n flag


case2 if price crossing down below recent support and sustained
than downside possible for kind of M pattern or corrective pattern


so in both case support and resistance is the key point in this trade

10. Sept. 2024

Anmerkung

if price crossing up above recent resistance and sustained than nearest support is stoploss for long

if price crossing down below recent support and sustained than nearest resistance is stoploss for short

10. Sept. 2024

Anmerkung

final conclusion = price making oscillators , NOT oscillators making price

bole toh BHAV BHAGWAN HAI

10. Sept. 2024

Anmerkung

when market is in uptrend only try to find SUPPORT
when market is in downtrend only try find RESISTANCE

10. Sept. 2024

Anmerkung

Disclouser : I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

11. Sept. 2024

Anmerkung

breaking upside possible pole n flag setup in comming days

26. Sept. 2024

Anmerkung

support is still safe so new high in the blue sky

9. Okt. 2024

Anmerkung

9. Okt. 2024

Anmerkung

support break today

10. Okt. 2024

Anmerkung

490 and 450 is next target in downside

19. Jan.

Trade ist aktiv

support broken at 10 september and after that its retest support 27 september for fresh sell
broken support is a resistance now

18. Feb.

Anmerkung

once support broken which is 497 now 408 around 17% profit running

19. März

Trade geschlossen: Ziel wurde erreicht