Selecting the right time frame for technical analysis is a crucial decision for any technical analyst. In the Indian market, the trading session lasts for 375 minutes, starting from 9:15 AM and ending at 3:30 PM. While many traders commonly use the 30-minute, 1-hour, and 2-hour time frames, these intervals often result in incomplete candles, which can distort the...
The stock market animals roam the financial landscape, representing optimism or pessimism. These animal metaphors capture the sentiment and beliefs behind the market participants who often try to outsmart each other through their edge in the market.
Here is a list of 7 most popular animal metaphors in the stock market. Maybe it can help some traders to look at...
Option's DELTA represents the change in price of an option with respect to change in price of an underlying.
Let's understand briefly with the help of Nifty example.
1️⃣
In the above Nifty example,
17750 is an At the Money CE option.
Delta of ATM CE is near 0.5
Which means that if spot moves 10 points, 17750 CE will move 5 points.
Normally ATM options are...
What is a ratio Chart:
Ratio charts play a significant role in technical analysis, offering valuable insights to traders and investors. These charts display the relative performance between two assets or indices by comparing their price movements. By dividing the price of one security by another, ratio charts provide a visual representation of their...
When it comes to investing, trading can be a highly lucrative and exciting way to potentially earn profits. However, it's not without its challenges. One of the biggest challenges for traders is avoiding common mistakes that can lead to significant financial losses. In this article, we'll discuss the most common mistakes traders make and provide actionable tips on...
Harmonic more accurate work in consideration stock like
Reliance, Nestle,Bosch, hul .
this stock move slowly and fundamental strong so if you play using harmonic swing trade
So you have benifit.
Here you get low risk reward .
But if you have patience and harmonic experience definitely yearly generate good % profit
And plz avoid option trading in this stocks...
Hello Friends, here we had shared just an observation on correlation between NIFTY and DXY which are clearly showing opposite directional runs from last couple of months, also we are assuming the wave counts on both, which are suggesting same patterns ahead along with good support by this correlation, this increases good chances of winning probabilities of our...
Here in this video, I discuss with you a losing trade which I took today and what we can learn from it.
I also share with you important things regarding gaps , and how a beginner is always trapped in reversals and why it's profitable to stay on the current side of the trend.
Follow @piyushrawtani if you find this video helpful .
This Nifty Future Chart i have used in this Educational Tutorial is to summarize how many parameters keep playing in disguise on Daily Charts which is possible to track properly only in Short Term Trades .
The Trade Setups for Longs / Shorts are those which i have personally Taken in markets in recent times for short term setups . The Overall Risk Reward is...
Nifty is in consolidation phase. This may or may not lead to a bear market and let’s not discuss it as of now. I will try to analyze Nifty, on the basis of support and resistance levels and time cycles, for the next possible swing and its direction.
Support and Resistance levels
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It can be seen on the chart that Nifty made a...
This is hourly timeframe.
This is how I analyze the consolidation only technically.
From fibo. recent top to bottom, Nifty is taking resistance 0.38 fibonacci level.
Let's pointout the short trend and understand each.
1] Nifty started consolidating 6th May 2022.
It started falling, gone sideways for sometime and gave bounce back.
2] And it tested the 16400...
A Symmetrical Triangle is considered a bullish signal, indicating that the current uptrend may continue. It is a bullish continuation pattern. It is a volatility contraction pattern. This means volatility in the market is shrinking and a sign the market is likely to breakout, soon. A Symmetrical Triangle shows two converging trendlines, the lower one is ascending,...
Howdy Traders ,
The Ichimoku cloud was evolved by Goichi Hosoda,
utilization of Ichimoku Kinko Hyo
1.identify support & resistance
2.momentum
3.Find trend direction
Parts of ichimoku cloud
1.kejun sen
2.Teken sen
3.senkou span A
4.senkou span B
5.kumo cloud
6. chikou ( we will learn in part 2 )
Happy...
Types of Market Phases
There are 4 clear market phases, and all markets go through these phases in a repeated way:
All markets go through 4 clear phases in a repeated way:
1.Accumulation Phase
This phase occurs after the market has bottomed and early adopters begin to buy, figuring the worst is over. At this phase, valuations are very attractive, and general...
On left hand side chart, there is an upward channel on weekly time frame since Sep 2020 and downward channel from mid October 2021.
NSE:NIFTY On right hand side, downward channel formed since October 19, 2021 is focused on daily time frame.
Observations:
A) On weekly chart, Nifty has taken support at the lower band of upward channel.
B) On daily chart, Nifty...
For Beginners who don't know the real meaning of RSI
RSI---RELATIVE STRENGTH INDEX
As the name says it shows the strength of a particular stock or index.
More the RSI more the strength
RSI above 40 indicates very little strength
50/60+ RSI stocks indicates very good strength....But RSI above 80 indicates that the stock is little overbought and may consolidate but...
