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Gold may reach All time high in coming days.Analysis of Gold has been given in the chart, What we need to understand over here is small/minute details which plays a very important role. There is this plain thinking or myth or possibility that I've heard is that When Gold price shoots up equity market goes down. I am observing this for quite a long now, so sometimes it works and sometimes it doesn't but what we can extract from the data is helpful, it works 80%of time. Just to keep in check we can take trades according to this type of significant analysis. PS: This is just for educational purposes. If you have any doubt feel free to reach out. Regards.
FX_IDC:XAUUSDLong
by Pratik_Barchha
4
NSE TRADING HOUR EXTEND IS A BAD DECISIONI came to know that NSE is extending the trading hours in India. For equity till 5pm and F&O till 11.30pm. I feel this is not a good move for the retail traders especially the positional traders like me because we have to watch the position till 11.30 pm. It create mental stress because no outing, no personal time etc we always have to watch the P&L to check the market condition. NSE says the logic behind seeking extended market hours is to have an overlap with the European markets which the exchanges hope would mean increased volume.But it definitely will not increase the volume in market because many retail people will quit their trading job either because of stress due to long trading hours or by blowing their account by over trading. We all know that the success rate for day traders is estimated to be around only 10% .It will increase if trading hours increased . So in long term this idea will not help to increase the volume in market instead it do the opposite. and the real factors had nothing to do with the trading hours. For example, t he SGX Nifty trading took off in a big way because traders did not have to pay STT while trading in the SGX as opposed to the Indian markets .Still There are so many negative points than the positive. Point 1: If F&O market traded til 11.30 pm after equity market closed there will be a gap up or gap down will happen in equity market next day 2: The high volume takes place in the first and last hour of trading because retail traders getting executed in the first hour along with news based trades. The last hour goes in squaring off their positions. Most of the mid-session is generally dull and any movement is largely news-driven. Extending the market hours will result in extending only the dull session of the market. 3:Longer trading hours will mean greater pressure on brokers thus lead to increase in brokerage charges even taxes. 4: Longer trading hours in the Indian stock markets can potentially decrease the over night risk is the only positive reason pointed by many experts . we all know that we can hedge our position during market hours if there is some global events going to happen.even if traders feel about the over night risk they can always hedge their position in us market or any global market.Let the retail traders to take hedge in global market is the best solution i think. Better SEBI create a platform to vote for new ideas from market participant before execute it in the market.
NSE:NIFTY
by ard-komercisto
Nifty Selling at Supply areaNifty has a trend line resistance and a higher timeframe supply nearby. Aggressive entry will be shorting at 18200 with a stop loss of 60 points i.e., 18260 Another reason for shorting is Nifty gave an up move of almost 240 points and I'm expecting a correction at this point. Even if it takes stop losses can try to enter the trade once it gives downside confirmation. Short entry:18200 Stop loss: 18260 An ATM option will have approximately 15 rs per lot risk. Plan your trade according to your risk. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit remaining with trailing Stop loss. *SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY. *NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES ***If you like my analysis let me know by a giving boost or a comment. I will be updating it.
NSE:NIFTYShort
by Mo-Kri
1
Risk Management trade in Reliance.Hi there! Let's talk about this small trade in Reliance. Reliance CMP:- 2524.05 -->From 30th sep to 1st Dec Reliance has formed HH and HL and was in Uptrend . -->Since then Price is in correction and approached 0.618 Fib level of that up wave. What's in my mind? -->If we observe the price action there is an untested demand zone at this 0.618 Fib area. -->If we observe the upper 2 arrows those mentioned candles and and their volumes saying that there was some distribution happened may be reason for this correction -->If we observe the bottom arrow that mentioned red candle with high volume is a support breakdow n and may be the stop losses of previous long trades What's my point? -->Even if price continues to move down I'm expecting a pull back before that and this Idea is actually trading that pull back. -->If my analysis goes wrong and price breaches this demand area I will exit with my stop loss and enter at next demand areas with new confirmations. Entry setup: Enter Long: 2480 Stop Loss : 2425 (70 rupees per share and one can plan their risk accordingly) Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit remaining with trailing Stop loss. *SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY. *NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES ***If you like my analysis let me know by giving boost or a comment. I will be updating.
NSE:RELIANCELong
by Mo-Kri
1
Long term vision for D-MartAvenue supermarkets Ltd. has been proven to be a vital business for country's consumer and it will continue to be. Coming under 'necessary retail' I expect it to get hit lesser in any black swans from here-on. Fundamentals are healthy and the chart is in the process of looking better, good amount of correction is over. Expecting a fall from here of ~10% in the weekly block. Expecting it to run to new highs in the coming year. A gain of over 90% is what I aim for if we get to buy in low 3400s NFA--DYOR--GL
NSE:DMARTLong
by Degengambleh
#Nifty 4th Jan 2023 | Falcon Trader AnalysisHappy New Year 2023 - Follow me on Trading View for daily Nifty50 chart. Nifty is moving in upward trajectory with major resistance taken in Daily Chart and now headed towards 18337 levels and further up to complete red 3 wave. Yesterday US markets were closed / and Dollar Index move today has been only favourable for Nifty50. With earnings season coming up, it looks like we will have last attempt for the up move to complete Falcon Wave C (which is comprised of 5 waves, and we are in bigger wave 5th demarcated in blue, as we completed blue 4, now we are in wave 5 blue. This wave 5 blue will have its on 5 waves marked in red colours. Now we are in 3rd wave red. - as shown in the chart. Drop your comments. From Falcon Trader, most of times you will only get one direction. Always use stop loss. Trade at your risk.
NSE:NIFTYLong
by Falcon_Trader_1
Nifty 50This is a risky analysis I was trying to fit patterns here but couldn't fit any and the best fit I got was The cup and handle and which might not be right here but it looks more likely to be good and the analysis is that the market is more likely to go up if external factors don't affect them. I've set up the targets for both Bullish and bearish market. You can have them for the options also which may work the same according to this. And as I've always said I'm open for any suggestions, corrections and anything which can help me learn this. Also check out my other ideas on my profile
NSE:NIFTY
by hajariparth28