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Power of 25, 75, and 125-Minute Timeframes in the Indian MarketSelecting 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 accuracy of the analysis. Instead, opting for the 25-minute, 75-minute, and 125-minute time frames can provide more complete data, leading to more informed trading decisions. Drawbacks of traditional time frames: When using a 30-minute time frame, there are 13 candles formed, with the last candle representing only 15 minutes of trading. This disrupts the technical analysis process. By switching to a 25-minute time frame, traders can overcome this issue and work with 15 complete candles per trading day. Traditional 1-hour time frames produce 7 candles, including a final 15-minute candle, which interrupts the smooth flow of technical analysis. By adopting a 75-minute time frame, traders can obtain 5 complete candles, offering a more comprehensive perspective on price movements. Instead of confining analysis to a 2-hour time frame, which results in an incomplete final candle, traders can harness the power of a 125-minute time frame. With 3 complete candles per trading session, each representing a 125-minute interval, a more comprehensive understanding of price dynamics can be achieved. Benefits: Enhanced accuracy in analysing price action, as each candle represents a complete interval of 25, 75, or 125 minutes. Reduced gaps in price action, as each candle becomes a complete unit of time. Clearer depiction of trends with fewer distractions from incomplete candles. Improved visibility of trends, as each candle provides a more representative snapshot of the price action. A more holistic view of the market, aiding in the identification of key support and resistance levels. If you utilize concepts like RBR, RBD, DBR, and DBD, it is recommended to use these time frames, as the presence of an incomplete candle can inadvertently impact your analysis. You may mistakenly consider the last incomplete candle as a base or leg candle, which can affect your overall analysis. Conclusion: In the Indian stock market, precision and accuracy are vital for successful trading. By embracing unconventional time frames like 25 minutes, 75 minutes, and 125 minutes, traders can enhance their technical analysis capabilities and gain a competitive edge. Although these specific time frames are available through TradingView's paid plans, traders without access can still utilize traditional time frames. However, it is essential to recognize the limitations and potential disruptions caused by incomplete candles. Embracing the power of these alternative time frames unlocks a clearer and more comprehensive view of the market, empowering traders to make confident trading decisions. This article is written by Afnan Tajuddin with the aim of encouraging Indian traders to adopt powerful timeframes commonly used by professional traders, to enhance their technical analysis skills. If you found this article helpful, please consider following me for more analysis and educational articles. Your likes and comments are appreciated, as they motivate me to provide more analysis for you. If you have any questions, feel free to ask in the comment box below. Thank you for reading this educational article.
NSE:NIFTYEducation
by AfnanTAjuddin
39
AU BANK, Buy Strategy!AU BANK has been consolidating and trading in a range since about 2 years now. When will it break out? I don't know, and if anyone says they do, they are gambling. But what I can say is that if price breaks out of the range with good volumes, there is a good chance that we will see the price trending upwards for some time, which would be a very good opportunity to make some healthy profits. Keeping that in mind - Buy above the white channel, if stock breaks out with healthy volumes. Stoploss below just below the white channel. A target of 940 is certainly achievable, maybe even more considering how long it has been consolidating on the weekly chart. That said I would still advise the age old practice of having a trailing stop loss in the form of a moving average or ATR, whichever floats your boat.
NSE:AUBANKLong
by Amit_Thakkar_
Syngene International - A Perception TradeThis is a very good opportunity for new comers to learn market behaviour and see how price behaves in the market from inflection points. Marked areas are inflection points for the stock. Two types of trades possible here. Sell at the resistance with potential sellers or wait for them being taken out and buy the strong breakout on the upside. There are always two ways of looking at a trade. Also an important point is to look at the market from the buyers and sellers POV. Will update as how the trade plays out. Look to trade of the daily charts. Have shared weekly charts for more clear charts and price action. Disclaimer - Please trade as per your risk appetite. Do not look to risk your entire capital. I am just sharing my thoughts and ideas in the market and will not be responsible for any profit or loss. Please do your due diligence as well.
NSE:SYNGENE
by Aadilsid0810
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