Nifty Trading Strategy for 12th December 2024Nifty Trading Strategy
Key Levels:
Buy Above: 24,700 (on the high of the candle that closes above 24,700 on a 15-minute chart)
Sell Below: 24,575 (on the low of the candle that closes below 24,575 on a 15-minute chart)
Confirmed Uptrend: Only if it breaks decisively above 24,860
Confirmed Downtrend: Only if it breaks decisively below 24,290
Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 24,700 on a 15-minute time frame.
Sell Signal: Enter a sell position below the low of the candle that closes below 24,575 on a 15-minute time frame.
Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use a stop-loss to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact Nifty.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Chart Patterns
TITAGRAH HIDDEN GEM- READY TO RUNNSE:TITAGARH
May the festival of lights brighten your life with happiness, prosperity, and joy. Wishing you and your loved ones a sparkling and safe Diwali filled with cherished moments and new beginnings.
Happy Diwali!
#TITAGRAH Weekly chart 🚀
The hidden gem has fallen 45% from its peak and is now consolidating over the last four weeks. It is expected to rally again, surpassing the 1220 mark. 💯
Keep on radar For Next Rally>
Keep Learning
Happy Trading
Inverse head and shoulder in NavkarChart -> Navkaar Corp Daily
Inverse head and shoulder breakout with volume!
CMP: 145
Good Range to Buy: 140 TO 145
Targets: 155, 163
SL: 133 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
VEDL Multiyear Breakout VEDL is currently trading at ₹520, slightly above its multi-year breakout level of ₹495. This presents a strong investment opportunity with the potential to deliver a remarkable return on investment (ROI) of up to 5X from the current price. Investors may consider accumulating the stock with a long-term target range of ₹2,000 to ₹2,500, reflecting substantial growth potential. This breakout signifies a robust technical structure, indicating a strong upward trajectory for the stock, supported by favorable market dynamics and potential future catalysts.
All time high breakoutChart -> INDRAMEDCO Daily
All time high breakout with volume!
CMP: 497
Good Range to Buy: 475 to 500
Targets: 525, 545
SL: 460 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in CDSL
BUY TODAY SELL TOMORROW for 5%
Bitcoin Bybit chart analysis December 10 Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
No Nasdaq indicators announced today.
I created a strategy based on the Nasdaq pattern and Tether dominance vertical decline conditions.
*When the blue finger moves,
It is a two-way neutral
Long->Short->Long switching strategy.
1. Pursuit purchase at $97,533 / Stop loss price when the green support line breaks
2. Target price in the order of $100,201.5 long position 1st target -> Top -> Good
The final return section is
Autonomous long position switching according to real-time movement
Please note that the 12-hour chart MACD dead cross pressure on Nasdaq is the key.
Ignore Nasdaq and follow the trend strategy.
If the 2nd section breaks out today,
It looks good to wait long at the bottom,
The pink resistance line of the 1st section at the top / green support line, the 2nd section
Convergence section is a sideways market.
The Good at the top, the Bottom section at the bottom
Moves within a small box.
It looks like the direction will come out from the breakout or breakout.
If the strategy is successful, it would be good to aim for minor altcoins that have not yet been pumped.
Up to this point, please just refer to and use my analysis
I hope you operate safely with principle trading and stop loss prices.
Thank you.
NIFTY50: INSTITUTIONAL LEVELS FOR 11/12/2024Overview
This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets.
Key Strategy Guidelines
Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning.
Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions.
ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk.
System Explanation
This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach.
How It Works: Entry/Exit Signals
Blue Line : Signals potential long entry.
Red Line : Indicates potential short entry.
Tip : Align these signals with additional confirmations from your trading strategy for optimal performance.
Stop Loss and Take Profit Levels
Stop Loss:
Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line.
Short Trades : Use the blue line above as the stop loss.
Take Profit:
Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit.
Short Entries :Target the next blue line below following similar guidelines.
Timeframe Recommendation
This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision.
Risk Disclaimer
Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance.
Join the Community Discussion
Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders.
Original Content
This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
Exide Inverted HnS plus double bottomA bullish trade on Exide in daily TF
Entry Range- 462-464
Sl- 450
Target- 480, 490
Pattern- Inverted HnS in Daily TF and A double bottom.
Note- Entry to be made on retracement at the given Entry level. Very good Risk Reward Trade.
Disclaimer-This trade is just for educational purpose. Please take advice from your financial advisor before taking any trade.
TATACOMM - Breakout Candidate?CMP: 1835
Base Breakout seen in shorter TF.
But on Daily TF, price is at the 200DEMA. A decisive breakout above 1850 could provide thrust on the short term.
Previous price pattern suggests that either the price move directly from here OR one more low to test the rising trendline at the bottom. Currently in watchlist, awaiting confirmation.
I reiterate, my views could only give a different perspective. Please dont trade F&O based on my views.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NIFTY looks interesting. Ready for a Blast?-CnH in DTF.
-Candles are getting narrow.
A breakout from this small base can take it to 25k soon. On the other hand, a breakdown from this base can bring some weakness.
This is not a buy/sell recommendation. The chart shared is just for educational purposes.
Zaggle Flag&Pole breakout!After a CNH breakout and retracement,Zaggle broke out from a bullish Flag and Pole pattern. Keep this on your radar as a positional bet.
SL is deep. Position size accordingly. This is just shared for educational purposes. Please consult with your financial advisor before trading.
The market is very weak and election results are due, anything negative can wreak havoc in the market. So be cautious. Trade as per your risk appetite only.
Zen Technologies. Keep both your eyes on and keep it peeled. For:
- Darvas Box
-Vcp
-C&H
-Potential Stage 2 Breakout.
This is apt as a positional trade hence the SL is deep. Add 30-50% at breakout and add the remaining after a retest.
Please study the chart and do your research. Please position the size properly since the SL is deep.
Reliance Industries Ltd view for Intraday 11th Dec #RELIANCEReliance Industries Ltd view for Intraday 11th Dec #RELIANCE
Resistance 1310 Watching above 1312 for upside movement ...
Support area 1280 Below 1290 ignoring upside momentum for intraday
Support 1281 Watching below 1277 or downside movement ...
Resistance area 1290
Above 304 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,