Hudco - Breakout from downward trend!!Hudco has given a breakout of downard trend. It may retest again at a zone marked in green. We believe it is heading towards 300 as first target and then to ATH. Following are the factors:
1. Beneficiary of PMAY 2.0 scheme - more disbursements to every kind of sector.
2. Recent agreement with NBCC for land development in Noida
3. Financing Amravati Project in AP and Bangalore Ring Road
4. QoQ and TTM results are superb
5. Breakout of latest swing high from a downward channel.
6. Volumes are also building
Keep following @Cleaneasycharts as we provide Right Stock at Right Time at Right price.
Cheers!!
Contains image
BANK NIFTY INTRADAY LEVELS FOR 02/12/2024BUY ABOVE - 52060
SL - 51800
TARGETS - 52270,52450,52600
SELL BELOW - 51800
SL - 52060
TARGETS - 51500,51300,51000
NO TRADE ZONE - 51800 to 52060
Previous Day High - 52270
Previous Day Low - 51800
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 02/12/2024BUY ABOVE - 24180
SL - 24100
TARGETS - 24250,24340,24420
SELL BELOW - 24100
SL - 24180
TARGETS - 24000,23890,23780
NO TRADE ZONE - 24100 to 24180
Previous Day High - 24180
Previous Day Low - 23890
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
TradingHow do I start trading knowledge?
Here's how to do it:
Consulting A Stock Exchange Broker. ...
Read Financial Research And Articles. ...
Read Books On The Share Market. ...
Attending Lectures, Classes, Seminars. ...
Monitor The Market And Analyze It. ...
Studying The Ways Of Other Successful Investors. ...
Identify And Analyze Your Risks. ...
Reduce Costs.
Risky investments and short-term trading are often likened to gambling. But there is a difference between taking a calculated risk and simply rolling the dice. The appeal of high-risk, speculative investments is obvious. You have the chance of large, even life-changing potential returns.
Database TradingWhen you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock.
Trading options offers a number of benefits for an active trader: Options can offer high returns and do so over a short period, allowing you to multiply your money quickly if your wager is right. With options, it can cost less to get the same exposure to a stock's price movement than it does to buy the stock directly.
Advanced PCR (Put call Ratio) The Put Call Ratio (PCR) is a tool in the stock market to understand how investors feel about a stock or the market's future. It compares the number of put options to call options traded. More puts traded mean investors expect prices to fall (bearish). More calls traded mean investors expect prices to rise (bullish).
High PCR (> 1) - This indicates more put options are being traded than call options, suggesting a bearish sentiment, and traders expect the market to go down. Low PCR (< 1) - This indicates more call options are being traded than put options, suggesting a bullish sentiment, and traders expect the market to go up.
Advanced Trading ConceptAdvanced traders often focus on assets with higher liquidity and volatility as these provide more opportunities for profit.
Trading refers to the process of buying and selling financial assets, including stocks, bonds, currencies, and commodities. Trading is done with the explicit goal of making profits from price changes in the short term.
Advanced Trading The intended reason that companies or investors use options contracts is as a hedge to offset or reduce their risk exposures and limit themselves from fluctuations in price. Because options traders can also use options to speculate on price or to sell insurance to hedgers, they can be risky if used in those ways.
In all, it is not gambling but is a type of speculation hence a government employee and PSU servants are not allowed to trade in options.
PREMIERENE - ascending triangle - WatchlistThis chart show a technical analysis for Premier Energies Ltd.
The two panels display price action with candlesticks on the right and line chart on the left.
The yellow lines suggest a pattern analysis, likely an ascending triangle, as indicated by the higher lows and horizontal resistance around ₹1,267.95.
Key observations:
Resistance Level: ₹1,244 is acting as a major horizontal resistance.
Support Trendline: The yellow ascending trendline is connecting the higher lows, indicating bullish momentum.
Breakout Attempt: Today's price action suggests a potential breakout with significant volume ₹1,244 close is good buy.
NIFTY INTRADAY LEVELS FOR 03/12/2024BUY ABOVE - 24340
SL - 24250
TARGETS - 24420,24500,24600
SELL BELOW - 24250
SL - 24340
TARGETS - 24180,24100,24000
NO TRADE ZONE - 24250 to 24340
Previous Day High - 24340
Previous Day Low - 24000
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Data Option Trading with Professionals Options chain can be defined as the listing of all option contracts. It comes with two different sections: call and put. A call option means a contract that gives you the right but does not give you the obligation to buy an underlying asset at a particular price and within the option's expiration date.
While not foolproof, option chains offer insights into market sentiment through implied volatility and open interest. High implied volatility suggests expected price swings, while option volumes can indicate potential support or resistance levels.
Gold resuming the decline As discussed in last week posts and weekly analysis video also, price is resuming the decline cycle and seems like breaking down the rising wedge pattern, On Friday gold price tested the fib 50% level and now moving down , 2650-65 is the main resistance zone now and under this we can look for sell opportunities , today we have extreme narrow CPR which can add a very good one sided move, as I am holding sell trade from last week I am expecting a test near 2600 area first where I am planning to book profit partially from some positions because under 2600 we have weekly S1(2596) where we can expect a short bounce (but I do not want to buy as of now) and I want to hold rest of the sell entries towards 2530.
If bears managed to close the day under 2600 then this can add another confirmation for more decline.
Nifty Intraday Analysis for 3rd December 2024NSE:NIFTY
Index closed near 24275 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24500 Strike – 79.82 Lakh
24300 Strike – 65.23 Lakh
24400 Strike – 60.04 Lakh
Put Writing
24000 Strike – 118.24 Lakh
24100 Strike – 80.76 Lakh
24200 Strike – 61.37 Lakh
Index has resistance near 24325– 24350 range and if index crosses and sustains above this level then may reach near 24450 - 24500 range.
Index has immediate support near 24150 – 24100 range and if this support is broken then index may tank near 23950 – 23900 range.
ATOM Breakout Alert: Will We See $50 Soon?ATOM Breakout Alert: Will We See $50 Soon?
ATOM has pumped hard, breaking resistance levels! Here's the key outlook:
Best Entry Zone: $7.5–$6.5 is the ideal range for re-entry on pullbacks.
Support: Holding above $6 keeps the bullish trend intact. Below $6, bullish momentum weakens.
Major Resistance: $14.50 (Breakout here could spark a rally!)
Targets: $14.50 → $32.50 → $44.50
Last Bull Run Reminder:
We exited around $25-$30, saving gains before an 80% drop. Stay smart this cycle too.
Nifty Intraday Analysis for 2nd December 2024NSE:NIFTY
Index closed near 24130 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24500 Strike – 74.22 Lakh
24300 Strike – 51.97 Lakh
24200 Strike – 47.59 Lakh
Put Writing
24000 Strike – 73.71 Lakh
23500 Strike – 72.49 Lakh
23800 Strike – 56.65 Lakh
Expected to gap down opening due to fresh threat from Trump to BRICS nations and below the expected Q2 in FY 2024-25 number. However, it may recover due to expected good GST Collection data for the November 2024 month.
Index has immediate support near 23950 – 23850 range and if this support is broken then index may tank near 23750 – 23650 range.
Index has resistance near 24300 – 24350 range and if index crosses and sustains above this level then may reach near 24450 - 24500 range.
BANK NIFTY INTRADAY LEVELS FOR 03/12/2024BUY ABOVE - 52270
SL - 52060
TARGETS - 52450,52600,52800
SELL BELOW - 52060
SL - 52270
TARGETS - 51750,51500,51300
NO TRADE ZONE - 52060 to 52270
Previous Day High - 52270
Previous Day Low - 51750
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
PROVEN Ways to AVOID Risk of BLOWING ACCOUNT ForeverRisk of Ruin: Understanding the Ultimate Threat to Traders
In the world of trading, success isn’t just about making profits—it’s about survival. The risk of ruin is a critical concept that every trader must grasp to stay in the game. It refers to the probability of depleting your trading account to a point where recovery becomes statistically impossible. This article dives into the importance of managing the risk of ruin, the underlying formula, and real-world examples.
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What is Risk of Ruin?
Risk of ruin measures the likelihood that your capital will be exhausted due to a string of losses. If your risk of ruin is high, even a good trading strategy won’t save you in the long run. This metric helps traders make informed decisions about position sizing, leverage, and stop-loss levels.
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Formula for Risk of Ruin
The Risk of Ruin (RoR) formula considers three key factors:
- Win rate (W): The probability of a successful trade.
- Loss rate (L): The probability of an unsuccessful trade (1 - W).
- Risk-to-reward ratio (R): The average loss compared to the average gain.
- Edge (E): The expected profit per trade.
The simplified formula is:
E=(W− L/R) (trader's edge)
B: The number of maximum losses your account can withstand (based on your bankroll).
Example of Low Risk of Ruin
Scenario: A Small Trading Account
- Trading capital: 10,000
- Risk per trade: 2% (200)
- Win rate: 55%
- Risk-to-reward ratio: 1:2
Step 1: Calculate the edge (E):
E=(W− L/R) (trader's edge)
E = 0.55 - (0.45/2) = 0.55 - 0.225 = 0.325
Step 2: Determine Risk of Ruin:
Assume the account can withstand 50 consecutive losses (B=50). Plug the values into the formula:
Risk of ruin after calculating from the formula I have mentioned above
Risk of ruin = (0.5094)^50 = 0.00002 = 0.002%
So there is only 0.002% chance that your account will blow up.
This means there’s almost no chance of ruin under this scenario, assuming consistent risk management.
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Example of High Risk of Ruin
Scenario: An Over-leveraged Trader
- Trading capital: 10,000
- Risk per trade: 10% (1,000)
- Win rate: 40%
- Risk-to-reward ratio: 1:1
Step 1: Calculate the edge (E):
E= 0.40 - 0.60/1 = 0.40 - 0.60 = -0.20
Step 2: Determine Risk of Ruin:
Assume the account can withstand only 10 consecutive losses (B = 10):
Risk of ruin after calculating from the formula I have mentioned above
Risk of ruin = (1.5)^10 ≈ 57.66 ≈ 5766%
Since the risk of ruin is greater than 1 (or 100%), the trader is essentially guaranteed to wipe out their account.
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Why Does Risk of Ruin Matter?
1.Helps Avoid Over-leveraging
Traders often lose everything by taking oversized positions. Risk of ruin ensures you understand the consequences of betting too much on a single trade.
2.Promotes Longevity
Even the best trading strategies encounter drawdowns. A low risk of ruin ensures you survive to capitalize on winning streaks.
3.Encourages Discipline
It forces you to respect stop losses, control emotions, and stick to a trading plan.
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Key Takeaways to Reduce Risk of Ruin:
1.Limit Risk Per Trade
Risk only 1-2% of your account on any trade.
2.Improve Your Win Rate
Focus on strategies that consistently yield more winners than losers.
3.Optimize the Risk-to-Reward Ratio
Aim for a ratio of at least 1:2 or higher to maximize profitability.
4.Diversify Trades
Avoid putting all your capital into a single asset or trade.
5.Adapt Position Sizing
Use a position sizing method like the Kelly Criterion to balance risk and reward.
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Real-Life Examples:
The Reckless Trader
A trader risks 10% of their account per trade with a win rate of 40%. After just 5 consecutive losses, their capital drops to 5,904 from 10,000. By the 10th loss, their account is nearly wiped out.
The Disciplined Trader
A disciplined trader risks 2% per trade with a 55% win rate and a 1:2 risk-to-reward ratio. Even after 10 consecutive losses, they lose only 2,000 of their 10,000 account and remain in the game.
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Conclusion:
The risk of ruin is the ultimate metric to assess the sustainability of your trading approach. By understanding its formula and applying risk management principles, you can protect your capital and ensure a long-term trading career. Remember, the key to winning isn’t avoiding losses—it’s avoiding ruin.
Consolidation Breakout Potential with Strong EarningsAnalysis:
Cummins India has been in a consolidation phase over the past three months, building a solid base. Today, the company reported its quarterly results, showing a significant profit increase of approximately 36%, which indicates strong fundamentals and could trigger an upside breakout. This setup makes the stock appealing for a short swing trade to capture any breakout momentum fueled by positive earnings.
Technical Setup:
Pattern: Three-month consolidation base
Catalyst: Strong quarterly earnings with a 36% profit increase
Expected Move: Potential breakout from consolidation on positive sentiment
Trade Plan:
Entry: On breakout above consolidation resistance, preferably with volume
Target: Short-term swing based on previous resistance or measured move
Stop Loss: Below the consolidation support level
Note: Positive earnings could provide the push needed for a breakout, offering a short swing opportunity to capitalize on potential bullish momentum.
🔒 Disclaimer: This post is for educational purposes only. We hold no liability for any profit or loss incurred from trading or investing based on this information. Always conduct your own research or consult a financial advisor.
Bullish EUSince i have bearish dxy idea im bullish on EURO,
target equal high as low hanging fruit and 20 day equilibrium.
Seasionality aligns for higher prices
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