CHART LEARN
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Disclaimer: I am not a SEBI Registered analyst. Charts are made only for study purpose and paper trading !!! Happy learning. @Surajgond_0305
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NIFTY , Short Term Chart just observe that - from where Nifty bounced.
Thats why in earlier message I have wrote it is a (game changer - Pin Bar / Hammer Candle) and on Long Term Chart it works beautifully.
Since it is short term chart its only will be a part of study..
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Don't run for the calls. Learn it guys, recommending call is very easy after some time you yourself have enough calls generated by you..
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Morning Good Freinds,
How to survive in Mr. Market ?
Mr. Market is an institution which has no emotions. You become Crorepati or become a Begger it has nothing to do with it.
What matters is how one can know how Market runs , how it behaves etc.
So to survive in Market one has to change himself as Market never change it will crash 🐻 it will give rally 🐂. In Trades you will achieve the Target in some trade Stop loss will hits.
So know all the things , after sometime you realise ....................... THE CHANGE.
CHART LEARN
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The Pin Bar Pattern (Reversal or Continuation)
A pin bar is a candlestick which represents a sharp reversal and rejection of price.
The pin bar is defined by a long tail. The tail is also referred to as a “shadow” or “wick”.
The area between the open and close of the pin bar is called its “real body”, and pin bars generally have small real bodies in comparison to their long tails.
The tail of the pin bar shows the area of price that was rejected, and the implication is that price will continue to move opposite to the direction the tail points.
Thus, a bearish pin bar signal is one that has a long upper tail, showing rejection of higher prices with the implication that price will fall in the near-term.
A bullish pin bar signal has a long lower tail, showing rejection of lower prices with the implication that price will rise in the near-term.
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Blood Bath in Market. A Technical Analysist or person wants to become Technical Analysist know how to handle the situations like this.
A position with Stop loss is a pre-decided activitiy which should be followed otherwise everyone knows the results.
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2 Stocks are facing Resistance at certain level.
1. EverestInd - 399/400.
2. Gujalkali - 498/499.
This is the best example you can observe on live basis. (How Support and Resistance works)
When it cross it you can see the rally.🙏
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TODAY WE WILL START ABOUT :
PIN BAR CANDLESTICKS
HAMMER CANDLESTICKS
Both are the Best / Game Changer if you understand it properly.
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As per Poll : Category One guys are requested to not pick the calls of TV Channels.In case of Telegram Channel choose only one channel know about the admin is he suitable to you or simply playing with you. (Be a member of Selective/One channel that may be any Telegram Channel otherwise you always be in confusion).
Category 2/3 are suitable for this Channel.
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Kindly participate in poll as it benefits you only. Its just a matter of click for your benefit..
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This are some of our Charts posted as a example chart for study + trade and many of them proved themselves.
