Advanced MACD with Professionals The moving average convergence/divergence (MACD) indicator is a technical tool that helps traders identify entry and exit points for buying or selling securities. It's made up of three time series calculated from historical price data, and the metrics are highly adaptable: MACD series:
The main series Signal or average series: The second series Divergence series: The difference between the first two series Momentum Trading Otimize your MACD strategies with ... The MACD indicator is often displayed with a histogram that shows the distance between the MACD and its signal line. The histogram is positive when the faster EMA line is on top, and negative when it's on the bottom.
Here are some tips for using the MACD indicator: Buy or sell: Traders may buy when the MACD line crosses above the signal line, and sell when it crosses below. Understand moving averages: Moving averages tend to trail behind price movements, but the MACD can transform this into a trading strategy. Look at the difference between two moving averages: This shows how fast a trend is moving.
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AUDUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Stock is at support level. Good for long term investingCan be considered for long term investment. Descending triangle pattern is observed in the daily time frame. The price will most probably bounce from the support level.
Good fundamentals and FII/Dll holding is good.
Not a buy/sell recommendation. For educational purpose only.
Top 1% Trader SecretDetermine your risk capital, i.e., the total amount of money you're willing to risk in your trading. This should be money that you can afford to lose without it affecting your lifestyle. Calculate 1% of your risk capital. This is the maximum amount you're allowed to risk on any single trade.
For day traders and swing traders, the 1% risk rule means you use as much capital as required to initiate a trade, but your stop loss placement protects you from losing more than 1% of your account if the trade goes against you.
DOWJONES & NASDAQhere we can see overall uptrend is in continuation, both indexes bounced from their support levels, if the fall or pressure was due to global sentiments then we would have seen red closing, overall this is a indication that US markets are strong despite the rumours of inflation, and we are expecting more rate cuts to happen along with election month in November.
AVGO -Symmetrical triangle -Daily - Unusual volume **Broadcom Inc. (AVGO)** chart and presents a technical analysis of the stock on a daily timeframe.
Key highlights:
1. **Bullish Pattern**: The chart seems to show a series of bullish moves with higher highs and higher lows, which are connected by yellow lines. This pattern may be interpreted as an symmetrical triangle, a bullish continuation pattern.
2. **Breakout**: A breakout is indicated on the right side of the chart, which seems to have occurred on **high volume**, further supporting the bullish momentum.
Retested the breakout trendline and bounced.
3. **Measured Move Projection**: The breakout projection indicates a potential price target of **$227.78**, which is calculated from the height of the triangle (about $60.12 from the low). This is approximately **48.25%** higher than the start of the upward move.
4. **Stop-Loss (SL)**: A stop-loss level is mentioned around **$165**, to manage risk in case the breakout fails.
5. **Volume**: A significant increase in volume is noted at the breakout, which adds confidence to the strength of the move.
### Potential Scenario:
- If the breakout holds, the target of **$227.78** could be achieved in the next rally.
- However, a pullback or consolidation near **$165** could be possible before the price moves higher.
MAHSEAMLESS Maharashtra Seamless Ltd. (MSL) is a great investment opportunity. Here's why:
Current Price: The stock price is ₹632.
Stock Buy Strategy:
Phase 1: Buy if it goes above ₹727 and stays there for at least 2 weeks.
Phase 2: Buy if it drops between ₹532 and ₹507.
Targets:
Short-term: ₹611, ₹727, ₹945+
Long-term: ₹611, ₹727, ₹781, ₹852, ₹945, ₹1078, ₹1200
Market Leadership: MSL is a big player with 55% market share in seamless pipes and 18% in ERW pipes in India. It produces 450,000 metric tons of seamless pipes and 125,000 metric tons of ERW pipes every year.
Diverse Products: MSL supplies to industries like oil, gas, petrochemicals, power, and automotive. It makes high-value pipes needed for critical uses.
Strong Finances: In Q1 FY25, MSL made ₹1,216 crore in revenue and ₹126 crore in EBITDA, showing steady profits despite market ups and downs.
Debt-Free: As of June 2024, MSL has no debt and ₹2,203 crore in liquid investments, giving it financial freedom for future expansions.
Solid Orders: MSL has an order book worth ₹1,812 crore as of July 2024, with major orders from ONGC and Oil India, supported by the "Atma Nirbhar Bharat" policy.
Supportive Trends: Growing oil demand globally and in India increases the need for MSL’s pipes. Government policies like anti-dumping duty on Chinese imports and the "Make in India" initiative boost its market position.
These points highlight MSL’s strong market position, financial health, and growth potential.
Nifty Intraday Analysis for 04th October 2024NSE:NIFTY
Index closed near 25250 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
26000 Strike – 57.73 Lakh
25500 Strike – 34.92 Lakh
25600 Strike – 34.75 Lakh
Put Writing
25000 Strike – 30.62 Lakh
25500 Strike – 22.95 Lakh
25300 Strike – 19.16 Lakh
Index has resistance near 25400 – 22500 range and if index crosses and sustains above 26100 level then may reach near 25600 - 25700 range.
Index has immediate support near 25100 – 25000 range and if this support is broken then index may tank near 24800 – 24700 range.
#BSE Support & Resistance levels
#BSE
Uptrend: Strong bullish momentum with higher highs and higher lows since mid- September.
Resistance: Around €4,200.
Support: Key support zone between ₹3,600 and €3,700.
Buy Zone: Ideal buy range at ₹3,600-3,700 during pullback.
Stop Loss: Set stop-loss below ₹3,500.
Profit Target: ₹4,200 and ₹4,500 for swing trade profits.