Concept Volume: (1): We have got a clear uptrend till now (pls check the example shared) until a good volume (red) candle comes out of nowhere, as mentioned - (1). This is the first sign of weakness in the trend, long positions need to be trailed after that, one should avoid creating long positions. & high of this zone could be monitored serious turning point...
NSE:BANKNIFTY1! As we all know market moves in phases What are those phases? A primary bull or bear trend consists of two phases, specifically Accumulation phase: if the market rises after consolidating, we say that the consolidation represents accumulation (buying activity). Distribution phase: if the market declines after consolidating, we say...
NSE:MAANALU MAAN ALUMINIUM is a fairly established company mainly dealing in the manufacturing of aluminum products. Exclusive dealer of Aluminium ingots and Billets for Hindalco Industries Ltd. for North and South India. They also deal in scrap trading. ROE/ ROCE are good at more than ~20% Promoter holding profile is good with no pledging Debt to equity ratio...
How to Calculate Nifty EPS and Price for 2028. Expected average growth for 5year is calculated.
Why do people fail at trading? It is true that the success rate in trading is very less. You will find only a couple of good traders in a city. In my opinion it is due to the imbalance between two extreme emotions or personalities. One cannot understand or succeed unless a balance is created between them. All that is needed to create the balance throughout this...
The fact that GPT can generate Pine Script™ code has garnered much attention lately. While the perspective of making natural language requests to an AI to generate code is understandably attractive, it is unfortunately not something traders should use as a substitute for learning to program or finding a freelancer who will program for them if they are not...
The global market indicates a positive start. Market nature is slightly bearish. It may start with neutral to gap-up. After that, if the market sustains the start, we will expect a solid rally. Thereafter, if the market rejects around the major resistance (18861 to 78%), then we will expect a correction. On the other hand, if the initial market rejects sharply,...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
Today we are going to start learning about fundamental analysis of companies. In my opinion, this is the basic skill you should have when picking stocks to invest in. Once again, the main principle of the strategy I follow is to pick outstanding companies and buy their stocks at a discounted price. You may have noticed that first-class products are occasionally...
Trading is a waste of time - until you do this! Welcome back for another exciting video, an educational video, and an eye-opening video for a lot of traders, and I have given it a very, very interesting title that is Trading a Waste of Time. Let's find out in this short video. Recently reading a book called The Best Loser Wins. It's written by Tom Hoggard , he...
Hello traders! I came up with this trading idea on January 2 2023 itself and will be attaching the link for the same as well. I was just waiting for the market to give us a better picture. As you can see on the chart, various guidelines point out the yellow zone to be a strong selling point with target levels at Wave 4 end(50% fib). We just have to wait for some...
hindpetro : 209.20 trade set up : 1. buy range 208 to 210 2. stop loss 196 on closing basis 3. targets : 215/ 225 / 238 / 245 / 266+ technical setup : 1. midpoint parallel channel support trade 2. falling parallel channel 3. fibonacci 78.6% reversal 4. trend line support 5. value pick 6. support & resistance trade
MCX:GOLD1! What is Trend and how to identify it? A trend is the overall direction of a market or an asset's price. an uptrend is defined using peak and trough analysis. An uptrend is represented by a series of successively higher highs (peaks) and lows (troughs), while a downtrend is represented by a series of successively lower highs and lows. ->One can...
Hey everyone! 👋 🥳 Welcome to the 2022 Community Awards! 🥳 It’s that time of year again, which means it’s time for us to shine a light on some of the best content shared on TradingView in 2022. Roll back the clocks with us as we dive deep into the best trade ideas, educational posts, and videos that you shared on our network. Without further ado, let’s jump...
Currently, UltraTech Cement is trading over its strong support zone, which previously served as a resistance area. We can see that the price has come back to test the head and shoulders pattern's breakout & we can see Selling Volume is getting Exhausted. On the chart, I have drawn a red trendline. Planning a buy trade is possible if trendline breakouts occur. for...
Disclaimer There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Wishing You All A Happy & Prosperous New Year 2023 !!! Short Video on Bank Nifty - The last move or idea for year 2022. Last Price - 43115 Trading Strategy Plan A - Important Support Zone 42900-43000 Index taking support...
#Basf cash -Positional call 29.12.2022 Looks good at 2750-2780 Stoploss 2650 Target 2970-3000/3200/3500 Cmp 2791.05
Nifty In my last take on Nifty futures when it was at 18687, I had given a target of 18258. I exited from the trade in Futures very early ( I too am human and can get scared sometimes) and then went with some Call short position for better risk management. If you see the Nifty Futures chart now... Nifty futures made a low of 18231 / 18223 and so far...