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Gold Chart pattern for upcoming session's 15M TFIn the last session gold made a new High of 2946.97 but in higher TF such as Daily TF it forms Doji candle due to its closing at 2933 level we've to wait for the breakout or breakdown of the Doji high and low to get in trade i've clearly mentioned resistance and support zone's in the chart which can play a good role in future price movement and we also have a minor support zone of 2923-2925 which can cause a change of character and push for new high , right now due to doji formation i'll consider no trade zone till we'll get breakdown or breakout , if we get breakdown of the support then we should go for shorting and if breakout happens we should go for buying .
FXOPEN:XAUUSD
by NobleFalcon
what is RSI and Rsi divergence ?**RSI (Relative Strength Index)** is a popular technical indicator used in financial markets, primarily to assess the strength or momentum of a security's price movement. It was developed by J. Welles Wilder in the late 1970s. - **RSI Calculation:** The RSI ranges from 0 to 100 and is typically calculated using 14 periods (though it can be adjusted). The formula compares the magnitude of recent gains to recent losses in price movement, essentially measuring how overbought or oversold an asset might be. - RSI = 100 - (100 / (1 + RS)), where **RS** is the average of "up closes" divided by the average of "down closes" over the given period. **Key Levels to Watch:** - **Overbought:** RSI above 70 typically suggests the asset might be overbought and could face a price reversal or pullback. - **Oversold:** RSI below 30 typically suggests the asset might be oversold and could experience a price reversal upward. --- **RSI Divergence** occurs when there is a discrepancy between the price movement of an asset and the movement of the RSI. - **Bullish Divergence:** This happens when the price forms lower lows, but the RSI forms higher lows. It suggests that despite falling prices, the downward momentum is weakening, indicating a potential upward reversal or trend change. - **Bearish Divergence:** This happens when the price forms higher highs, but the RSI forms lower highs. It suggests that despite rising prices, the upward momentum is weakening, indicating a potential downward reversal or trend change. ### Example: - **Bullish Divergence:** Imagine a stock price makes a new low, but the RSI makes a higher low. This divergence could signal a buying opportunity as the stock might be oversold and due for a bounce. - **Bearish Divergence:** If a stock price makes a new high, but the RSI forms a lower high, it may signal a potential selling opportunity because the buying momentum is weakening, and a price drop could be imminent. RSI divergence is considered a potential signal, but it's often more reliable when used in conjunction with other technical indicators or chart patterns to confirm a potential reversal.
NSE:NIFTYEducation
by SkyTradingZone
how to become profitable in long term trading ?Becoming **profitable in long-term trading** is about developing a solid strategy, being patient, and having the discipline to stick to your plan through market ups and downs. It’s not about quick gains but rather about making consistent, smart decisions that compound over time. Here are key steps you can follow to increase your chances of long-term profitability: --- ### **1. Develop a Clear Trading Plan** A **trading plan** is essential for long-term success. It serves as a roadmap to guide your decisions and keep your emotions in check. - **Define Your Goals**: Are you looking to grow your wealth over time, generate income, or hedge other investments? Be clear on your objectives. - **Choose Your Trading Style**: Long-term trading can include strategies like: - **Buy and Hold**: Holding positions for years to capture long-term growth. - **Swing Trading**: Holding positions for several weeks or months based on market trends. - **Position Trading**: Taking larger positions based on long-term trends or fundamental factors. - **Set Criteria for Trades**: Define what conditions need to be met for you to enter and exit a trade, based on technical analysis, fundamentals, or both. --- ### **2. Focus on Solid Fundamentals** In long-term trading, understanding the underlying assets you're trading is key. This involves: - **Fundamental Analysis**: For stocks, this means analyzing financial statements, revenue growth, debt levels, competitive advantage, and management quality. For other assets like commodities or currencies, it means understanding supply/demand dynamics, global economic trends, etc. - **Quality Assets**: Invest in assets that have strong long-term potential. For example, stocks of companies with solid fundamentals (e.g., consistent earnings growth, strong market position) are more likely to appreciate over time. - **Diversification**: Spread your investments across different asset classes (stocks, bonds, commodities, etc.) to reduce risk. A diversified portfolio helps smooth out the ride over time. --- ### **3. Embrace the Power of Compounding** **Compounding** is one of the most powerful concepts in long-term investing. By reinvesting your profits (such as dividends, interest, or capital gains), you earn returns on your original investment as well as your accumulated returns. - **Start Early**: The earlier you start, the more time your investments have to compound. This means consistently reinvesting profits back into the market. - **Regular Contributions**: Consider contributing to your portfolio on a regular basis (e.g., monthly or quarterly), even if the amounts are small. Over time, these contributions can grow significantly. --- ### **4. Stick to a Risk Management Strategy** Long-term trading requires patience, and part of that patience comes from managing risk effectively. - **Position Sizing**: Don't risk too much on any single trade. The general rule is to risk only 1–2% of your capital on each position. This helps ensure that even if a trade goes wrong, it won’t hurt your overall portfolio too much. - **Diversification**: As mentioned, diversifying your investments across different sectors, industries, or asset classes can help reduce the overall risk of your portfolio. - **Set Stop-Losses and Take-Profits**: While long-term trading generally involves less frequent exits, it's still smart to set stop-loss levels to protect yourself from large, unforeseen losses and take-profit levels to lock in gains when your target is met. --- ### **5. Be Patient and Avoid Emotional Trading** - **Long-Term Focus**: One of the biggest mistakes traders make is reacting to short-term market movements. Don’t let temporary volatility derail your long-term plan. - **Emotional Discipline**: Keep emotions like fear and greed in check. Long-term trading requires the ability to ignore the “noise” of daily market fluctuations. Stick to your plan and don’t chase after short-term wins. - **Avoid Overtrading**: Don’t trade just for the sake of trading. Successful long-term traders often make fewer trades and hold positions for longer periods. --- ### **6. Keep Learning and Stay Informed** - **Continuous Education**: Stay updated on market trends, economic conditions, and new trading strategies. The more you learn, the better decisions you’ll be able to make. - **Review Your Trades**: Regularly analyze your past trades and portfolio performance. What worked? What didn’t? This feedback loop will help you improve your decision-making over time. - **Stay Updated on Global Events**: Understanding macroeconomic trends, interest rates, geopolitical events, and industry news is critical for long-term traders. These can significantly impact your investments. --- ### **7. Keep Costs Low** In long-term trading, transaction costs (like commissions, spreads, and fees) can eat into your profits. Minimize costs to maximize returns. - **Use Low-Cost Brokers**: Choose brokers with low fees or commission-free trading to keep costs under control. - **Long-Term Tax Efficiency**: Be mindful of capital gains taxes. In many countries, long-term capital gains (for assets held more than a year) are taxed at a lower rate than short-term capital gains. Plan your trades accordingly to minimize taxes. --- ### **8. Stick to a Long-Term Investment Mindset** Successful long-term traders aren’t trying to time the market or chase every trend. Instead, they: - **Trust the Process**: Recognize that there will be both ups and downs in the market. Be prepared for volatility, and stick to your strategy even during tough times. - **Understand the Power of Patience**: Long-term trading is about building wealth steadily over time. It may not be as thrilling as short-term trading, but it can lead to significant gains when compounded over years. - **Avoid Trying to "Time" the Market**: Trying to predict short-term market movements is difficult and often counterproductive. Instead, focus on capturing long-term growth and trend-following. --- ### **9. Monitor and Adjust When Necessary** While patience is crucial, so is flexibility. You should monitor your portfolio periodically and make adjustments as needed: - **Rebalance Your Portfolio**: Over time, some assets in your portfolio may grow faster than others, causing your initial asset allocation to shift. Periodically rebalance your portfolio to align with your long-term goals. - **Adapt to Changing Conditions**: The world changes, and so do markets. Stay open to adjusting your strategy if you notice shifts in market conditions, economic trends, or your personal financial situation. --- ### **10. Stay Disciplined in Your Approach** - **Avoid the Urge to “Time the Market”**: It’s nearly impossible to predict short-term price movements. Trust your long-term plan and make decisions based on sound analysis, not market noise. - **Stay Committed**: Long-term profitability requires consistency. Stick to your strategy, keep learning, and be disciplined. --- ### Conclusion: **Long-term trading** is about building wealth gradually through informed decisions, patience, and proper risk management. It’s not about chasing short-term gains but about being consistent in your approach, staying disciplined, and letting your investments grow over time. With the right mindset and strategy, you can achieve consistent profitability in the long run.
NSE:ICICIBANKEducation
by SkyTradingZone
learn option trading and become profitable ?Learning **options trading** and becoming profitable involves understanding several key concepts, strategies, and risk management techniques. It’s a skill that requires time, practice, and the ability to control emotions. Here's a step-by-step guide to get started and increase your chances of profitability in options trading: --- ### **Step 1: Understand the Basics of Options** Before jumping into trading, you need to grasp the fundamental concepts of options: 1. **What Are Options?** - **Call Option**: A contract that gives you the right (but not the obligation) to **buy** a stock at a specific price (strike price) before a certain expiration date. - **Put Option**: A contract that gives you the right (but not the obligation) to **sell** a stock at a specific price before a certain expiration date. 2. **Key Terms**: - **Strike Price**: The price at which the option holder can buy (for calls) or sell (for puts) the underlying asset. - **Expiration Date**: The date the option expires. After this date, the option is no longer valid. - **Premium**: The price paid for the option, which is a combination of intrinsic value and time value. - **In-the-Money (ITM)**: When the option has intrinsic value. For call options, it means the stock price is above the strike price. For put options, it means the stock price is below the strike price. - **Out-of-the-Money (OTM)**: When the option has no intrinsic value. For calls, the stock price is below the strike price. For puts, the stock price is above the strike price. - **At-the-Money (ATM)**: When the stock price is equal or close to the strike price. --- ### **Step 2: Learn Different Option Strategies** Options trading offers a variety of strategies. Start by learning basic strategies before moving on to more advanced ones: 1. **Basic Strategies**: - **Buying Calls**: Used when you expect the price of the underlying asset to rise. - **Buying Puts**: Used when you expect the price of the underlying asset to fall. - **Covered Call**: Involves owning the underlying stock and selling a call option. It's used to generate income on stocks you already own, especially if you think the stock will not rise significantly. - **Protective Put**: Buying a put option to protect against a decline in the value of a stock you own (like an insurance policy). 2. **Intermediate Strategies**: - **Vertical Spreads**: Involves buying and selling options of the same type (calls or puts) with different strike prices but the same expiration. Examples include **bull call spreads** and **bear put spreads**. - **Straddle and Strangle**: Used when you expect large price movements, but are unsure of the direction. You buy both call and put options on the same asset with the same expiration date. 3. **Advanced Strategies**: - **Iron Condor**: A strategy involving multiple strikes and different types of options to profit from low volatility in the underlying asset. - **Butterfly Spread**: A strategy with limited risk and reward, used when you expect low volatility in the asset. --- ### **Step 3: Understand Risk Management** Options can be highly volatile and risky, so managing risk is crucial. Here are some tips: 1. **Position Sizing**: Never risk more than you can afford to lose. Use position sizing to manage the amount of capital you’re willing to put at risk in any trade. 2. **Use Stop-Loss Orders**: Implement stop-loss orders or exit strategies to limit your losses if the trade goes against you. 3. **Risk-Reward Ratio**: Make sure that for every unit of risk, you're potentially making a greater reward. A common risk-to-reward ratio is 1:3, meaning for every $1 at risk, you should aim for a $3 reward. --- ### **Step 4: Develop a Trading Plan** A well-structured trading plan is essential for long-term success: 1. **Define Your Goals**: Are you trading options for income, capital appreciation, or hedging? Define your objectives clearly. 2. **Identify Your Trading Style**: Decide if you want to be a day trader (short-term) or a swing trader (medium-term). Your strategy will depend on this. 3. **Stick to Your Strategy**: Avoid impulsive decisions or “chasing” the market. Stick to the rules of your strategy and trade according to your plan. 4. **Keep Records**: Maintain a trading journal to track your trades, profits, losses, mistakes, and successes. This will help you analyze your performance and improve. --- ### **Step 5: Paper Trade First** Before you risk real money, **practice with a simulated account** (paper trading). Many brokers offer demo accounts where you can practice trading options without real financial risk. - **Simulate Real Trades**: Execute mock trades with no real capital on the line. This will allow you to familiarize yourself with how options work and test different strategies. - **Evaluate Results**: After several months of paper trading, evaluate your results and refine your strategies. --- ### **Step 6: Start Trading with Real Money** Once you’re confident in your strategy and risk management, start trading with real money. Begin with small positions and gradually increase your exposure as you gain experience. 1. **Start Small**: Begin with a small percentage of your capital to minimize the risk while you’re learning. 2. **Focus on Liquid Options**: Trade options with high liquidity to ensure you can enter and exit positions smoothly without significant slippage. 3. **Monitor Volatility**: Volatility can impact option pricing. Keep an eye on volatility metrics like the VIX and adjust your strategies accordingly. --- ### **Step 7: Keep Learning and Improving** Options trading is a continuous learning process. The more you trade, the better you will get at understanding the nuances of the market. 1. **Study Market Conditions**: Understand how different market conditions (bullish, bearish, sideways) affect option prices. 2. **Stay Updated**: Keep learning through books, online courses, webinars, and forums to improve your skills. 3. **Review and Adapt**: Regularly review your trades and adapt your strategies based on your experiences. --- ### Common Mistakes to Avoid: - **Overleveraging**: Avoid using too much leverage, as options can be highly risky and you could lose your entire investment quickly. - **Not Using Stop-Losses**: Don’t let emotions drive your trading. Always use stop-losses to protect your capital. - **Chasing the Market**: Don’t jump into trades based on FOMO (fear of missing out). Wait for the right setup based on your strategy. - **Ignoring Implied Volatility**: Always be aware of implied volatility before making option trades, as it impacts option pricing. --- ### Conclusion: To become profitable in options trading, you need to **understand the fundamentals**, develop a solid **trading plan**, practice with **paper trading**, and apply **risk management** techniques. Start with basic strategies, gradually advance to more complex ones, and always be willing to adapt based on your experiences. The key to success in options trading is continuous learning, patience, and disciplined execution.
NSE:TATAMOTORSEducation
by SkyTradingZone
what is Smart money concept ?The **Smart Money Concept (SMC)** refers to the idea of tracking and following the investment activities and market movements made by experienced, knowledgeable, and well-capitalized investors or institutions. These investors are often referred to as "smart money" because they have access to sophisticated research, tools, and insights, giving them an edge over the average investor. The concept revolves around the belief that if you can identify where these smart money players are moving, you can potentially profit by mimicking their strategies. Here are key points that define the **Smart Money Concept**: 1. **Institutional Investors**: Large banks, hedge funds, mutual funds, and other big financial entities with substantial capital are considered "smart money" because they can move markets with their decisions. 2. **Market Indicators**: Traders and investors who follow SMC track key market indicators, such as institutional buying/selling patterns, volume spikes, order flow, and other technical analysis tools, to identify where smart money is moving. 3. **Price Action and Market Structure**: A lot of SMC analysis focuses on reading price action and understanding the structure of markets to interpret the intentions of these big players. 4. **Contrarian Strategy**: The Smart Money Concept sometimes involves a contrarian approach—buying when smart money is accumulating assets (often before the general public catches on) and selling when smart money is offloading (often before prices fall). 5. **Risk Management**: Those who follow the Smart Money Concept emphasize understanding the risks associated with following institutional investors and avoid blindly mimicking their moves without conducting independent analysis.
NSE:NIFTYEducation
by SkyTradingZone
USOIL Chart Pattern for upcoming session's 15M TFWith accordance to 4H TF USOIL should fall to 71.500 to 71.200 with ease in this session but if we take a look to Daily TF we may see a price upper side when it touches 71.65-71.750 ,i've analysed it bit more it looks like if it goes to 71.500 then we should wait for 71.350 level to break and close below it and then short till 70.600 but in case it takes rejection at level of 71.350 - 71.500 then we can see 73.000 as our next target .
FX:USOIL
by NobleFalcon
Tomorrow 21st feb banknifty will fall 500-800 points sell rise How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st D point : 0% is recent top or bottom. Trailing SL: 20.2% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 20.2% then early or risky traders can reversal trade , Targets : Target T1 : 28.3% Target T1 : 37.8 % Target T3 : 48.1% T3: 60.2% to 66.9 % is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Next Targets are 77.5 % , 88.1 % 100% , 113.5 % , 127.3% , 141.2% and 160.2 , 177.5. final Target 200% 160.2 to 177.5% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 20.2 % or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 10.1% ) is used for re-entry then SL recent high or low Point D ( 0% ) . Target is same as early 20.2% , 28.3 , 37.8 and so on Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
NSE:BANKNIFTYShort
by EquityCommodityForexJaiprakash
1
GOLD TRADING POINT UPDATE >READ THE CHAPTIAN Buddy'S dear friend 👋 SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis update on gold 🪙 Gold still going to bullish trend 📈 Gold Traders Gold Ready for a new ATH 3010$. This weekend. I'm going to bullish trade on Gold. Today 💪 Take a Strong breakout Resistance level 2947 2954 back 🔙 Tast diamond zone support level. 2923 Now Gold. Don't wait more Sell Good luck 🤞🤞 Key Resistance level 2954 + 2961 + 2987 3010 Key Support level 2940 - 2930 - 2924 Mr SMC Trading point Pales Support boost 🚀 analysis follow)
FXOPEN:XAUUSDLong
by SMC-Trading-Point
2
Deepak Nitrate - Turn around possibleStock made a gap down candle post results Followed by 3 base candles and a bullish initiation candle Volume data suggest it may be the climax of down trend If stocks gives a pull back till 1885 -1910 levels and tries to go up again High chance it will go up to 2100- 2150 2nd possibility may be it will accumulate here itself before going up if so happens it is bound to resist at 2100 - 2150 and fall again a little as that area happens to be a gap resistance Post that 2250 is possible Volatility is at peak, Market overall sentiment is consolidation Be cautious before taking trade Make sure to take confirmations from LTF
NSE:DEEPAKNTRLong
by Vishy5
Nifty trades and targets for - 21/2/25Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If we do trades in between these zones premium eating will happen and we end up seeing losses. Book profits every 30 points as we are getting very few trending moves. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades.
NSE:NIFTY
by GOPISRI
Bank nifty trades and targets for - 21/2/25Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If we do trades in between these zones premium eating will happen and we end up seeing losses. Book profits every 100 points as we are getting very few trending moves. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades.
NSE:BANKNIFTY
by GOPISRI
Nifty Trading Strategy for 21st Feb 2025🔹 NIFTY Buy & Sell Levels for the Day 📈 BUY Above the high of the first one-hour candle that closes above 22,980 Target 1: 23,020 Target 2: 23,057 Target 3: 23,100 Stop Loss: Lower of (Low of the breakout candle OR 50 points below entry level) 📉 SELL Below the low of the first 15-minute candle that closes below 22,810 Target 1: 22,752 Target 2: 22,720 Target 3: 22,680 Stop Loss: Higher of (High of the breakdown candle OR 50 points above entry level) Market Outlook & Trade Plan NIFTY is expected to remain volatile, with 22,980 as a key resistance level and 22,810 as a crucial support level. A confirmed breakout above 22,980 with a one-hour candle closing above this level increases the probability of bullish momentum toward higher targets. A confirmed breakdown below 22,810, with a 15-minute candle closing below this level, may lead to selling pressure and further downside movement. Stop-loss placement ensures risk is limited, taking the lower of the breakout candle low or 50 points for buys and the higher of the breakdown candle high or 50 points for sells. Traders should wait for proper confirmation and enter based on the high or low of the respective confirmed candles. Risk management is crucial—always use a stop loss and manage position size accordingly. 📌 Disclaimer: i AM NOT sebi reGISTERED. This analysis is for educational and informational purposes only. Trading in the stock market involves substantial risk, and past performance does not guarantee future returns. Please consult a SEBI-registered financial advisor before making any investment decisions. Trade responsibly. 🚨
NSE:NIFTY
by ramkkyy
Nifty Prediction for Friday 21 February 25Hello Early Investor, Our objective at #HELPINGSTOCKINVESTOR is to build financial discipline in traders by simplifying Stock Market Education and Financial concepts with an expertise knowledge in Derivative Analysis, Market Trend Analysis and Technical analysis of a Stock. Here you can learn different trading strategies along with market fundamentals. Daily Market Analysis on this channel is most helpful for traders. #Experience of almost 7+ years in the market. Happy Trading!
NSE:NIFTY
by THEBREAKOUTTRADERS
Crudeoil expected uptrend movement upto 74/75.5Symbol CRUDEOIL Timeframe 1 hour Analysis Uptrend Movement upto 74/75.5 expected. Breakout from Triangle pattern, so we can expect a uptrend movement upto 74/75.5 We hope our analysis is adding value to your trading journey. Please note: Published ideas are for educational purposes only. Trade at your own risk. Also, please respect the risk - stop loss (SL) should not be more than 2% of the capital. DISCLAIMER: We are not SEBI registered. All the ideas posted in this channel are solely for educational purposes."
TVC:USOILLong
by TanujaK
1
SHRIRAMFIN – Is the Bullish Momentum Here to Stay?🔥 SHRIRAMFIN – Is the Bullish Momentum Here to Stay? 💡 Market Action: ✅ Bullish Marubozu spotted – strong buyer interest! ✅ EMA 200 Crossover – long-term trend gaining strength. ✅ RSI Breakout – momentum picking up. 📌 Key Levels to Watch: 📈 Resistance: 590 | 599 | 615 🚀 📉 Support: 564 | 548 | 539 🛡 🔹 High: 582.25 | Close: 580.85 👀 Market Insight: Can SHRIRAMFIN sustain this bullish momentum and break past 590, or will it pause for a retest near 564 before the next move?
NSE:SHRIRAMFINLong
by simpletradewithpatience
Eicher - Seeing A ReversalCMP 4703 on 17.02.25 All important levels are mentioned on the chart. In the last 6 months, the stock price has taken support many times on the dotted line shown on the chart. This time again comes to the support. The price is corrected around 10% after the earnings declaration. Though it is a risky setup, the risk-reward ratio is quite good at present. If gives a bounceback, upside targets may be 4910/5100 and 5300. Keep your stop-loss strict according to risk management. This is only for learning and sharing purposes, not a trading recommendation in any way. All the best.
NSE:EICHERMOTLong
by anandlive
9