Get started

Educational

FINDING BREAKOUTS SIMPLIFIED!! BREAKOUT IN HINDUSTAN UNILEVERNSE:HINDUNILVR Hindustan unilever was stuck in a long consolidation phase from many days and was under performing. in last few days it gained a bullish momentum as the whole FMCG Sector or CNX FMCG is currently most performing sector or index Currently as of all details given in the chart it has given a very strong breakout with strong bullish volumes and candle. It has closed above the last high of 2614 which is more than enough for a good breakout trade opportunity. Also in addition Call Unwinding from ITM has Started soon ATM Call Unwinding would start. 2600 would act like a minor support for now. If more PUT writing comes then would become stronger. A short retracement can be considered near a Range of 2600-2560 and we shall accumulate it on it a Good candidate for Swing. Traders can consider 2500 Can be considered on day closing basis. All the conditions for finding a good trade are given in the chart Please Read Carefully it is much educational DATA NOTE- THIS IDEA IS ONLY FOR EDUCATIONAL PURPOSE WE ARE/WOULD NOT BE RESPONSIBLE FOR ANY PROFIT OR LOSS Happy Investing..!!
NSE:HINDUNILVRLong
by Arshad_Khatib
Identifying Set Ups - Price Action + MACD + EMAToggling between numerous stocks can be tiresome. Using a strategic method to identify potential set ups can save your time and deliver amazing results! In the above chart, I first noticed that the price was around its support. It can be confirmed by seeing the previous price swings that the support is well tested. Next I look at the MACD to confirm if the divergence between the Signal Line and MACD line is decreasing to make sure if it is the right time to enter or not. Usually these 2 steps take hardly a few seconds and I can form a preliminary idea about the position. Once these two points are confirmed, I move forward to confirm if the EMA 9,21 (which can been seen has worked out beautifully for this stock in the short time frames like 7-10 days) is actually looking bullish to enter right now. If the EMA is not already crossed, or about to cross, I can drop the share here. In this case, the EMA lines are very close and the chances of a bullish cross are good enough. Next, I confirm my hunch by looking at the Volume data and see if the increase is price will actually be sustained by smart money flow, or fall down by retail trading pressures. Increasing volume with price increase helps to get conviction for a long position. Finally, I check the RSI levels and I monitor them very closely to see if there is any Bullish or Hiden divergence and see how strong they might be. I also like to draw a vertical line at the key level from which RSI always bounces or retracts. Personally I prefer RSI levels between 50 and 60, after a recovery from 30-40. It just implies that the bulls are gaining control again and still leaves out plenty of room for entering a trade and making profits before it hits the overbought region. After I am satisfied with the Technicals, the last thing remains is to check if there are any major news, events or rumours about the share and the recent EPS growth of the share. This doesnt affect a lot in the short run, but doing due diligence never hurts. It is how I identified IEX, HUL and TCS just right before they shot up. Thanks for reading! Keep Learning :)
Editors' picks
NSE:CYIENTEducation
by Aayush_Rungta
28
Trade with Conviction - Price Action + MACD + EMAIn the chart above, we can see that the trend resistance and support lines are well established, from where prices have bounced and retreated from on multiple occasions. After a decent recent pullback, we find the Exponential Moving Averages looking up again, almost ready for a Bull Cross. I personally prefer 9,21 Days EMI for trading in a short time frame of 7-10 days. It can be easily seen that on numerous attempts, price has kept these EMA levels. MACD and RSI play an important role to confirm the hunch from the preliminary screening off the Support & Resistance and EMA lines. I try to watch out for where the RSI levels are moving toward and the key levels from where it bounces. Personally I find the 50-60 region safer, after rising from a lower level, as it not just implies that bulls are back in control, but it also leaves decent room for upside movement and gain from the share. MACD helps to now time this entry right. If its clear that the divergence levels are reducing and the lines are closing in for a Bull Cross, I can form a decent opinion if I want to wait for the cross or enter while the divergence is still decreasing. Most of the time, I enter right before it is all set for a Bull cross. It helps me to get an early entry and close my position in a day or two if the MACD cross is rejected, this keeps the losses to a minimum. Finally, Volume surge serves to further strengthen the view that the increase in price is accompanied by smart money flowing in, and now you know that this price increase will have a sustained increase with momentum. EPS and Financial position of the company seem good, and that checks out all the major points for a long position. To summarise, watch out for EMA and Resistance Support levels to screen stocks preiminarily. Out of the selected bunch, review the RSI and MACD levels. Increasing Volume with Price increase always helps. Check the EPS growth at least, and set the targets and stop losses as per your risk appetite. Thanks for reading :)
NSE:CYIENTEducation
by Aayush_Rungta
6
Price Action with RSI and MACD - Trade with ConvictionFor the purpose of explaining the combined use of these indicators, I have taken the example of TCS - TATA CONSULTANCY SERVICES, which recently gave a clear breakout. Know your Lines! - By joining the recent highs and recent lows of a share price, we can identify if the share has a well tested Support & Resistance or not. I prefer those with a clear defined pattern simply because all traders are looking out for these levels and there is a pretty good chance they will hold good, if not, you will know its time to exit. Catch the Support! - The key to any exchange profit is BUYING AT A LOW and SELLING AT A HIGH. While it might sound obvious, majority of people lose out because they FOMO in at a HIGH and then Sell at a Low to cut losses. Classic Failure Strategy. It is pretty normal if a stock is all abuzz in the market, but do not enter it based on the buzz, check if its already too late or not. If at all, buy at a pullback at Fibonacci levels 0.68 or 0.50 ( Higher Success Rate levels ) One Eye on the MACD! - What makes an Indicator exceptional is the number of people using it. RSI, MACD, STOCH are like the biblical indicators which you certainly want to check before taking a position. When the blue line of MACD cuts the signal line from below, and the price is around its support, chances are you will not repent going long. RSI is your best friend! - RSI is very crucial to avoid buying at a high. When it is above 70( I prefer 80 ), it is better to wait for a pullback. In a bullish market, it usually bounces back from 50, but again it differs from share to share. Identify its key support and a bounce from that level around the price support when MACD is bullish, means its a good set up for a Long Position. I also prefer to watch out for RSI and MACD divergence to see the momentum of the price. If the RSI or MACD is making lower HIGHS while the Share Price is making Higher HIGHS, it means the momentum is weaking and one must watchout for a nice pullback. To summarise, Identify the Support and Resistance, Check if MACD has turned bullish when the pricce has pulled back to its support, Check if RSI has bounced from its support and preferably above 50 ( It means bulls are in control ). If everything checks out, it should be an ideal long setup. I hope you take back something from the explanation, This strategy has almost everytime worked for me. I hope it does for you too. Keep Learning :)
Editors' picks
NSE:TCSEducation
by Aayush_Rungta
23
TCS EDUCATIONAL CHART COMBINING MARKET SRTUCTURE & ACCUMULATIONtoday we'll discuss about market structure and accumulation range bound market the price started a bearish trend by making lower highs then the price sustained to go any lower the market then came in range bound structure and with breakout we saw huge volumes now for the future analysis- === the strength of impulse waves is declining so we might see some consolidation/distribution phase SORRY FOR THE VOICE _/\_ if u have any doubts feel free to ask in comments section
NSE:TCSEducation
by profitpujari
4
High Breakout Probability Idea in Adani PortsNSE:ADANIPORTS Adani Ports has given a Very strong Signals of Upside after a very long time. All Details of Targets and Stoploss are given in the Chart As Buy Chart Analysis and Option Chain Analysis 720 Is a Very Strong Resistance and we need a good closing above it. High amount Of CALL unwinding is taking place as of now. New Traders must Learn the Way Stock Analysis is done. Note - This Trade is only for educational Purpose we are/would not be responsible for any Profits or loss of yours So Please Make your Own research too
NSE:ADANIPORTSLong
by Arshad_Khatib
4
Breakdown in APOLLOTYRE, How to go Short on a Stock!!!NSE:APOLLOTYRE APOLLOTYRE which was Trading in a down channel has gone bearish and gave a breakout on downside of the channel below 207.5 the stock has high chances to fall till 200 and if 200 breaks which has most PUT writing then more fall is expected Currently Selling pressure in Major indices and fear mood of market would Help us going short on it. Also PUT Unwinding has started in ATMs and ITMs Conditions for going short 1. we need a breakout on a Support or a supply zone and closing below it 2. Trade would be more accurate if the breakout is on higher time frames such as 1D Time Frame 3. Selling Volumes must be higher, which would indicate a Heavy selling 4. If the selected Stock Contributes to any Index with good weightage then we must also consider the Index performance and mood too for additional Assurance. 5. If the Stock has FnO then we must see that is any PUT Unwinding. 6.See if the Stock goes below 50dma.
NSE:APOLLOTYREShort
by Arshad_Khatib
Breakout expected in NAUKRI NSE:NAUKRI Naukri is been Consolidating from past many days and in last Trading session showed a Good strength and Attempt for breakout was done with increasing volumes. We would Buy it if Day Closes above 5505 Targets Are Explained in the chart Holding Period would be nearly 1 Month Stoploss will be Day Closing below 5200. NOTE - This Idea is only for Educational purpose We are/would not be responsible for any profit or loss So please Invest wisely and do your own research too
NSE:NAUKRILong
by Arshad_Khatib
Breakout in Reliance and also How to Find Breakout Trades. NSE:RELIANCE Reliance Breakout: Reliance has given breakout to both trending resistance and A strong supply zone. With a Kind of inverted head and sholder pattern. And has given closing above both the resistance. A short retracement can come but there is less probability of it. Short term targets will be 2250- 2300+ For holding period of 1-2 week maximum. How to fing Breakout Trades: All the people watching my ideas regulaowould notice that I give Trade signals only for breakout Trading. This is because Breakout with volumes show us Institution Entery in the stock. It can be Traced by Following points. 1. breakout of Horizontal resistance and closing above it on day closing basis. 2. Breakout of a Trendline and closing above it on day closing basis. 3. Breakout of supply or and closing above it on day closing basis. 4. All the Breakouts must be done with High Volumes or volumes more than 20 Moving average of volumes. 5. We must buy the stock on breakout but Always consider a Retracement after it, Not necessary that Everytime a Retracement would come but we must consider it. Note :- the Above trade is only for educational purposes please make your own research too before investing We would not be responsible for any profit or loss of yours on this Trade.
NSE:RELIANCELong
by Arshad_Khatib
6
Double Top in UPLNSE:UPL UPL Ltd is forming Double top Which is a strong chart pattern We would learn as well as trade UPL as per the price action formed Chart Patterns are usually very accurate if applied netly I would share such type of Ideas so that many traders can learn how to Draw, Find or execute a chart Pattern. Rest all details are given in the Chart please have a look at it (NOTE - This research is only for educational purpose We are/would not be responsible for any profit or loss of yours)
NSE:UPLShort
by Arshad_Khatib
Nifty Level For Tomorrow ( Price Action Analysis)If tomorrow market opens flat then go long if the market takes support 16230 if this level break then go short for 20-50 Points Or If Market Open gap up and breaks yesterday high and sustain go long otherwise go short if 15 red candle low breaks Or If Market Open gap down above 16180 then go long if faces resistance then don't trade only go long if buy signal shown Major Resistance:- 16350 -16450 Major Supports:- 16180 -16000 All Advice is for Educational Purposes Before taking any investment decision concerns your financial advisor
NSE:NIFTY
by Mayurnavhale
Bank Nifty Level for Tomorrow ( Price Action ) If Tomorrow market open gap down above 35760 and sustain then go long if not then short for 100-120 Points if Market open flat and breaks 36200 level and 15 min candle close above 36200 then go long if high breaks for 150-200 Points Or If Market so sideways then only take if the given level breaks ]Major Resistance:- 36200-36700 Major Supports- 35450- 34860 Avoid trade for long if market go sideways All Advice is for Educational Purposes Before taking any investment decision concerns your financial advisor
NSE:BANKNIFTY
by Mayurnavhale