Economics Cycle | Business Cycle |The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.
The economic cycle is the fluctuation of the economy between periods of expansion (growth) and contraction (recession). Factors such as gross domestic product (GDP), interest rates, total employment, and consumer spending, can help to determine the current stage of the economic cycle
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Beyond Technical Analysis
Nifty- Wave 4 Done at 11305 (62% retraced)- Careful !!!For Educational Purpose
Do not consider this a trading call. Consult a financial advisor before executing any trades. "Risk Management" is the most important lesson -a trader has to learn before taking any trades.
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Wave Analysis Key Points for Nifty Index Moves
Last Price- 11254 / 10:28 Hrs / 29th Sep 2020
• The fall 11618 to 10790 – an impulsive fall
• Nifty retraced 62% (current bounce) of the fall from 11618 to 10790 which is 11305
• 62% level which comes at 11305 is the most important resistance level
• Keeping in mind 11300 –trader’s should decide their next course of action
• Chart representation ( such as "red arrow" marked downside is for author’s reference)
• Kindly do the due diligence before taking any trades
• Have a wonderful session ahead
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Second Last Idea -Nifty crack from 11620 to 11085
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Last Idea - Nifty bounce expected "holding above 11085"
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Newbie's Corner - Organized KnowledgeNowadays in internet we can get whatever information we need in any subject. Lot of trading related materials are available. Then why profitable traders ratio is very less ? One of the reason is mindset. And another reason is unorganised knowledge. Lets say for example a library contain books in various subjects, but they are not organised subjectwise. In that case can we find the book we need in an easy way? How long it will take to find the book you want? Even though the library has all subject books, since it is not organised, it is nearly useless, gives confusion and takes lot of time to access the book we want.
Similarly when you are learning, organise whatever you have learnt. Master each and every small things you are learning. It will take time, but it does not matter. What matters is you are learning everything in an organised way. Knowledge is power when it is organised. You can make use of the power of knowledge if it is organised. After gaining knowledge practice it.
Do you have organised knowledge?
Have you mastered what you have learnt?
Are you practicing it ?
Neutral for the week.This is weekly chart.
If sustains above 390 levels, buy with a target of :
T1 = 495
T2 = 520
T3 = 550
If sustains below 390 levels, sell with a target of :
T1 = 300
T2 = 270
T3 = 245
This is purely my analysis. I will use it for my education purpose too. I may be wrong. Not insisting anyone to buy or sell.
Best buy at 3150This is purely for educational and fun purposes. No buy sell recommendation is given.
This is a weekly chart.
If it sustains between green channel. Best buy would be at 3150 for the long term portfolio.
I don't know how but if it sustains within green channel then it will be at 3150 on 14th Feb 2022.
If fails to hold 3150, it will show levels of 2680, which seems to be a very very very very strong buy. Various levels of support are noticed around that area.
Hindalco Wave Review (Recent High @ 203) - Final Wave E-ExpectedVideo Idea Shall Have Quick Review
Hindalco
BankNifty
Nifty
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Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Note
For Educational Purpose- not to be considered a buy or sell idea.
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SGXNifty vs Nifty50The difference is mentioned on the chart. As you can see the white line which represents Nifty50 is flushed together against the price movement of the SGXNifty. Traders use this instrument to gather a sense of the direction of the market for the day. This is not a sure shot method of determining the open or the direction, but it offers a good indication.
Today, the SGXNifty is trading about 20 points lower (7:45am), indicating a flat open for the day. When you come into the market with a bias, this can either confirm or reject that bias and help you create a more accurate trade plan for the day.
IFB Industies : Relative Strength Relative Strength of the stock Compared the Nifty 50 is moving above 0 line form couple of sessions on daily chart. ( RS Learning courtesy : Premal Parikh)
There is also a breakout of the downward channel on weekly chart.
Because of the lock down, as there are less domestic helpers at households, there is increase in demand for white goods which might result in the surge in demand for the products in which the company operates.
CONCOR IS LOOKING FOR 391 THEN 396 + KEEP SHARP EYE ON ITCONCOR FRIDAY CLOSING PRICE IS 383.80 (APRX). NOW AS PER OUR PRICE ACTION SYSTEM HIGH PROBABILITY IS TO TOUCH AROUND 391 THEN 396.
I AM GOING TO SHARE THE LOGIC BEHIND IT AFTER COMPLETION OF THIS TRADE OR ANY ONE CAN DIRECTLY CONTACT ME AT 9399375461 FOR MORE DETAILS.
Nifty/Small Cap Relative StrengthPost SEBI's circular on Multi Cap this chart warrants attention. The current reversal which has seen the Small Cap Bullish revival is now at a monthly as well as weekly support of a Spread Strength Comparison of Nifty / Small Cap. For further out performance of Small Cap Index over Nifty (Large CAP) this support has to broken decisively. Else it might once again go and test it's recent high.
Relative Strength Study
Escorts is looking for 1161 soon, current market price is 1190+As per our price action system, price is going to touch around 1161 or near about is, good opportunity to future / derivative players, always remember please do not consider this post for recommendation. our motto to share this only for education, we want you to learn about it and make money independently. feel free to ask me if you have any query at 9399375461
JUBLFOOD IS LOOKING FOR 2187, CURRENT MARKET PRICE IS 2265 AS PER OUR PRICE ACTION TRADING SETUP JUBLFOOD IS LOOKING FOR 2187, AS TODAY'S CLOSING PRICE IS 2265, SO KEEP SHARP EYE ON THIS STOCK & TRY TO LEARN SOMETHING WITH THIS STUDY, FEEL FREE TO CONTACT ME @ 9399375461
CONSIDER THIS POST FOR LEARNING PURPOSE, WE ARE NOT TIPS PROVIDER.