Get started

Contains image

Breakout With Heavy VolumesNSE:ABSLAMC today broke out Major Levels and was able to close above it, on the back of good guidance of future growth and Brokerage Reports of NSE:HDFCAMC NSE:ABSLAMC is a joint venture between Aditya Birla Capital Ltd and Sun Life AMC. The company offers Mutual Fund services, Portfolio Management services, offshore services, and real estate offerings. It is one of the largest non-bank affiliated AMCs in India managing an AUM of ₹6002 Billion under its suite of mutual funds, portfolio management services, and offshore and real estate offerings. A Close above 800 will be crucial before the Q2 FY 24-25 Results are out. If the results are on the expected line, 900 will take no time. Check out my other stock ideas below until this trade gets activated, I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:ABSLAMCLong
by Karanshah137
Nifty Intraday Analysis for 16th October 2024NSE:NIFTY Index closed near 25055 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25200 Strike – 91.44 Lakh 25500 Strike – 70.89 Lakh 25100 Strike – 69.77 Lakh Put Writing 25000 Strike – 60.86 Lakh 24500 Strike – 47.97 Lakh 24900 Strike – 31.22 Lakh Index has resistance near 25200 – 25250 range and if index crosses and sustains above this level then may reach near 25450 - 25500 range. Index has immediate support near 25000 – 24950 range and if this support is broken then index may tank near 24850 – 24800 range.
NSE:NIFTYLong
by RKMAURYA
MILLIONAIRE TRADER'S advice"One Conversation Changed Everything" Recently, I had the privilege of speaking with a millionaire stock trader (NOT THE YOUTUBER MILLIONAIRE TRADER), and the insight I gained was both simple and profound: HE SAID ONE LINE "Pros take losses. Everyone else loses." This statement hit me hard. It’s a reminder that in both trading and life, it's not about avoiding failure—it's about managing it. The most successful people don't win by never losing; they win by knowing when to take a loss and move forward. It’s a lesson that goes beyond the markets. Whether in business or personal growth, knowing how to cut your losses is the key to long-term success. Would love to hear your thoughts on this powerful lesson! 👇 FOLLOW ME for more such content ahead
NSE:NIFTYEducation
by keshevdugar
6
Importance of Backtesting in Technical AnalysisHello mates, I hope you all are doing well and doing your trading well, so today I have brought an educational post for you in which we will understand the importance of backtesting in technical analysis, so let's start quickly. The Importance of Backtesting in Technical Analysis In the world of financial markets, technical analysis plays a crucial role in forecasting price movements by analyzing past market data, such as prices and volume. Backtesting is one of the most critical tools in technical analysis, as it allows traders to assess the effectiveness of their trading strategies before applying them in real-world scenarios. This article delves into the significance of backtesting, how it works, and its benefits and limitations. What is Backtesting? Backtesting is the process of applying a trading strategy or model to historical market data to evaluate how well it would have performed. The purpose is to determine if the strategy has the potential to generate profits under real market conditions. By simulating the trades a strategy would have executed, traders gain valuable insights into its strengths, weaknesses, and overall profitability. For example, if a trader develops a moving average crossover strategy, backtesting helps assess how well it would have worked over the past few months or years, based on actual price trends and market behavior. Why is Backtesting Important in Technical Analysis? 🔸Helps Validate a Strategy's Effectiveness Backtesting ensures that a trading idea has merit before real money is put at risk. It shows whether a strategy can generate profits under historical market conditions or if adjustments are needed. A well-backtested strategy provides confidence to the trader by showing favorable past results. 🔸Identifies Flaws and Risks Early Without backtesting, traders might unknowingly use a flawed strategy that could lead to losses. It acts as a reality check, revealing potential weaknesses in a strategy and helping traders avoid costly mistakes. Risks such as overfitting—when a strategy performs well on historical data but poorly in the real world—can also be identified during this process. 🔸Optimizes Entry and Exit Points By analyzing past trades, traders can determine the best points to enter or exit the market. It allows for the fine-tuning of parameters such as stop-loss levels, profit targets, and timeframes to maximize returns. 🔸Improves Risk Management Backtesting provides insight into the potential risks associated with a strategy, such as drawdowns (peak-to-trough decline in equity). Understanding these risks helps traders design better risk management rules, ensuring they don’t lose more capital than they can afford. 🔸Builds Confidence in Trading Decisions Confidence plays a significant role in trading, as uncertainty can lead to hesitation or emotional decision-making. Knowing that a strategy has performed well in backtests gives traders the assurance to follow through with their plan, even during volatile market conditions. How Backtesting Works: Key Steps 🔸Choose a Strategy: Start by defining the rules of the strategy, such as indicators, entry and exit points, stop-loss levels, etc. 🔸Collect Historical Data: Obtain relevant historical market data, such as price movements and trading volumes, to apply the strategy. 🔸Simulate Trades: Use the strategy to execute simulated trades on the historical data as if they were real. 🔸Analyze Results: Review metrics like total return, win/loss ratio, drawdown, and risk-adjusted returns to evaluate the strategy’s performance. 🔸Optimize the Strategy: Adjust parameters if necessary to improve performance, ensuring the strategy isn’t overly optimized (i.e., overfitted). Benefits of Backtesting 🔸Saves Time and Resources: Traders can refine strategies without risking actual capital or spending time in live markets. 🔸Increases Probability of Success: A backtested strategy with positive results is more likely to succeed when applied to real trades. 🔸Prevents Emotional Bias: Since the strategy’s rules are fixed during backtesting, it reduces emotional interference in trading decisions. 🔸Provides Insight into Market Conditions: Traders can see how well a strategy works during different market conditions (e.g., bull or bear markets). Limitations of Backtesting 🔸Historical Data Does Not Guarantee Future Results: Just because a strategy worked in the past doesn’t mean it will succeed in the future, as market conditions can change. 🔸Overfitting Risk: Strategies that perform exceptionally well on past data may fail in real-time because they are too narrowly optimized for specific historical conditions. 🔸Inaccurate Data Issues: If the historical data used for backtesting contains errors or is incomplete, the results may not be reliable. 🔸Lack of Real-World Factors: Backtesting doesn’t account for real-world challenges like slippage (the difference between expected and actual trade prices) and changes in market liquidity. 📚 Conclusion-: Backtesting is an essential component of technical analysis, enabling traders to validate, refine, and optimize their strategies before deploying them in live markets. It helps mitigate risks, improve decision-making, and build confidence, making it a crucial step in the trading process. However, traders must be aware of its limitations and avoid over-reliance on historical performance. When combined with forward testing and sound risk management practices, backtesting can significantly enhance the probability of trading success. By understanding and properly applying backtesting, traders can turn theoretical strategies into practical tools for navigating the financial markets. 🎁Please like the idea if you like this work and leave a comment for motivation, Thanks in advance. Best Regards- Amit 🙋‍♂️
NSE:NIFTYEducation
by AMIT-RAJAN
3
The Great Debate: Which PD Array is the Best?There’s been an ongoing debate across social media platforms about which PD array is the best in the PD Arrays matrix. Influencers have taken sides, with some giving more attention to certain arrays, claiming they’ve mastered it better than others. You’ve probably seen posts like "OB > FVG" or "FVG > everything" floating around. But let’s be real here, the names behind these claims aren’t worth mentioning, because it only adds more attention to those chasing the hype. The real credit belongs to ICT, the mind behind these concepts. So let’s redirect our focus to where it belongs. Which PD Array Is Actually the Best? Take a good look at the PD Array matrix again. Now, if you truly understand the PD array matrix, you wouldn’t be asking, “Which is the best?” The answer is literally in front of you. Here’s a little tip: The arrays are listed in a specific order, and that order is crucial. They’re designed to form in the sequence you see in the matrix. Food for Thought Instead of me flat-out telling you which PD array is the top dog, let’s do a little mental exercise that will help you figure it out yourself. Ready? Imagine you're a market maker. You’re getting ready to enter a short position, and naturally, you're greedy. You want maximum returns as quickly as possible. The question is: Which premium array would you pick for placing your orders in the most efficient way, ensuring you make the most money in the shortest time? Think about it. The answer should be obvious now. Got it? Perfect. Now you know which PD array might have the edge over others. It’s not about someone else telling you - it’s about understanding the logic behind how they work and how they fit into the bigger picture. Final Thoughts Thank you for taking the time to dive into this topic with me. I hope this post got your mind working in the right direction. And remember, understanding the PD Array matrix is more important than chasing whatever’s trending online. The more you think critically about these concepts, the better your trading decisions will be. See you again soon with another post filled with more valuable insights!
CAPITALCOM:DXYEducation
by Vulnerable_human_x
SIEMENS | Signs of Accumulation Siemens is a global technology company with a diverse range of products and services. Here are some key stats and information about Siemens: Founded: 1847 by Werner von Siemens and Johann Georg Halske. Headquarters: Munich, Germany. Employees: Approximately 300,000 worldwide. Business Segments: Digital Industries: Automation and digitalization in manufacturing. Smart Infrastructure: Electrical equipment and smart building technologies. Mobility: Solutions for rail transportation. Siemens Healthineers: Medical technology and healthcare services. Siemens Financial Services: Financial solutions. Global Presence: Operations in over 200 countries. Sustainability Initiatives: Siemens is committed to sustainability and aims to be carbon neutral by 2030. 💡✍️Technical Reasons to trade or Strategy applied :- ✅Inverted Head & Shoulder Chart Pattern Bull Breakout ✅ Prior uptrend & Rounding Bottom ✅Breakout confirmed ✅Rise in Volume ✅Clear uptrend with HH & HLs sequence ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:SIEMENS
by ReviveTraders
3
BANK NIFTY INTRADAY LEVELS FOR 16/10/2024BUY ABOVE - 51990 SL - 51820 TARGETS - 52220,52400,52600 SELL BELOW - 51660 SL - 51990 TARGETS - 51380,51160,50920 NO TRADE ZONE - 51660 to 51990 Previous Day High - 51990 Previous Day Low - 51660 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 16/10/2024BUY BELOW - 25100 SL - 25020 TARGETS - 25160,25220,25280 SELL BELOW - 25020 SL - 25100 TARGETS - 24950,24890,24800 NO TRADE ZONE - 25020 to 25100 Previous Day High - 25220 Previous Day Low - 25020 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 👍
NSE:NIFTY
by Jagadheesh_JP
Crude oil - next big movement?Crude Oil Update (4-Hour Timeframe) Chart Analysis Current Price: 5935 Phase 1: If Crude Oil sustains above 5928, potential targets are: Target 1: 6037 Target 2: 6145 Stop-Loss (SL): 5870 Pattern Formation: Rising wedge, with price movement currently within the pattern, signaling potential breakout. Risk Management: Make sure to set stop-loss orders to protect your position from unexpected volatility. Disclaimer: This technical analysis is based on the provided data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results. IF THIS WILL HELP YOU, PLEASE LIKE THE POST ❤️
MCX:CRUDEOIL1!Long
by Shalvisharma5
5
Technical Analysis DOESN'T WORK anymore?"Does this really predict the market, or are we reading too much into it?" Technical Analysis is useless – Here's Why You Shouldn't Buy Into the Hype I've been in the trading world long enough to know one thing: technical analysis isn’t the holy grail that many claim it to be. Sure, charts, patterns, and indicators look fancy, and they give the illusion of certainty. But here’s the harsh reality: Markets don’t care about your patterns. If technical analysis worked the way it’s advertised, wouldn’t everyone be making easy money? The truth is, the market moves based on emotions, macroeconomic factors, and real-world events—not lines drawn on a chart. Successful traders don't rely on perfect predictions, they rely on managing their risk, adapting to market conditions, and learning from their losses. Don’t get me wrong, it’s great for understanding market sentiment to some extent, but if you’re betting your portfolio on head-and-shoulders patterns or the RSI alone, you’re in for a rude awakening. In the end, trading is about experience, discipline, and understanding human psychology. That’s where the real edge is. #stockmarket
NSE:NIFTYEducation
by keshevdugar
10
Nifty Intraday Analysis for 15th October 2024NSE:NIFTY Index closed near 25130 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25500 Strike – 52.60 Lakh 25200 Strike – 46.27 Lakh 25000 Strike – 37.19 Lakh Put Writing 25000 Strike – 66.99 Lakh 24900 Strike – 36.96 Lakh 24500 Strike – 32.24 Lakh Index has resistance near 25250 – 25300 range and if index crosses and sustains above this level then may reach near 25500 - 25600 range. Index has immediate support near 25000 – 24950 range and if this support is broken then index may tank near 24850 – 24800 range.
NSE:NIFTYLong
by RKMAURYA
TRADING IS A SCAM?“Trading is worse than gambling, isn’t it?” You’ve probably heard this thrown around by skeptics, or maybe even thought it yourself. Combine that with the SEBI data that says 99% of traders lose money and it seems like a closed case, right? Wrong. This statistic has been thrown around like a blanket warning: “Don’t trade. It’s not worth it!” But have you ever wondered why 99% lose? The truth is, very few of these critics know why. The problem isn't that trading is rigged or impossible—it’s that people don’t treat it the way they should. Trading is both a Sport and a Business Let me explain. First, trading is a sport—one that requires immense skill, discipline, and practice. Just like an athlete trains for years to perfect their craft, successful traders spend time mastering the game. They analyze patterns, study the markets, and hone their strategies. Unfortunately, many people jump into trading without realizing this. They expect instant results, treating the market like a slot machine rather than a skill-based competition. And when they lose, they blame the system instead of their lack of preparation. Now, trading is also a business. Every trade is a decision backed by data, analysis, and risk management—just like every business decision. No successful entrepreneur opens a business without a plan, a market understanding, and a strategy for scaling. Yet, most people approach trading with no blueprint. They don’t track their performance, learn from mistakes, or adjust their strategy when necessary. The market punishes them, just like it punishes any business that lacks a clear plan. The Missing Ingredients: Preparation and Discipline Imagine a football player who never trains or a business owner who never reviews their books—failure is inevitable. Similarly, most traders lose because they don’t have a proper process. They ignore risk management, avoid learning from their mistakes, and treat the market like a get-rich-quick scheme. The ones who succeed? They embrace the sport, the discipline, and the business side of trading. They take small losses like athletes take defeats—learning experiences that sharpen their edge. They treat each trade like a calculated business risk, knowing that long-term consistency is what leads to success. Conclusion: Change Your Mindset The next time you hear someone say, “99% of traders lose money,” remember this: the real reason people lose is because they don’t approach trading the way it should be—like a sport to be mastered and a business to be managed. Trading is not gambling. It’s a test of discipline, skill, and strategy. The 1% who succeed know this—and that’s why they win. #stockmarkets
NSE:NIFTYEducation
by keshevdugar
12
Beginner to Advanced Trading Every successful investor has one thing in common, they read as many investment books as they can. Trading in the share market requires a basic knowledge of all the aspects that can influence the prices of shares, and it can be gathered by reading books regularly. Skills #1 and #2 – Research and Analysis. ... Skill #3 – Adapting Your Market Analysis to Changing Market Conditions. ... Skill #4 – Staying in the Game. ... Skills #5 and #6 – Discipline and Patience. ... Bonus Skill #7 – Record Keeping. ... In the End.
NSE:BANKNIFTYEducation
by SkyTradingZone
1
NIFTY INTRADAY LEVELS FOR 15TH OCT 2024BUY ABOVE - 25160 SL - 25100 TARGETS - 25230,25280,25340 SELL BELOW - 25050 SL - 25100 TARGETS - 24970,24890,24800 NO TRADE ZONE - 25050 to 25160 Previous Day High - 25160 Previous Day Low - 25050 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 👍
NSE:NIFTY
by Jagadheesh_JP
IDEA | Quick 10% Gain Possible | Investment also Possible ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡FNO Stocks Trading📉📈📊 ✅Check out my TradingView profile to see how we analyze charts and execute trades. ✅We can't conduct a thorough analysis in such a short span of time. We need to review it, post our findings, and then take action. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:IDEALong
by ReviveTraders
2
Bharat Forge | Rising from Demand Zone ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡FNO Stocks Trading📉📈📊 ✅Check out my TradingView profile to see how we analyze charts and execute trades. ✅We can't conduct a thorough analysis in such a short span of time. We need to review it, post our findings, and then take action. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:BHARATFORGLong
by ReviveTraders