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Standard Glass Lining#SGLTL Standard Glass Lining looks bullish for a reversal Entry can be above 182 Target is 200 Buy on dips till 164 the price-to-earnings (P/E) ratio for Standard Glass Lining Technology Ltd (SGLTL) was 55.85. This is higher than the peer average of 40.3x. Additional information about SGLTL The face value of SGLTL is ₹10. The earnings per share (EPS) for SGLTL is ₹2.93. The market cap of SGLTL is ₹3,264 Cr. The 52-week low for SGLTL is ₹153.70. The 52-week high for SGLTL is ₹213.80. The beta for SGLTL is 0.75. The dividend yield for SGLTL is 0.00%. The price-to-book ratio for SGLTL is 4.80.
NSE:SGLTL
by SkyTradingZone
Reliance powerRpower posted stellar results today after which the stock spide by 9% at market open. Although there was a slight decline in revenue yoy but the company's net profit increased by 358% percent from last quarter. This company's financial health is improving steadily and company is focusing on debt reduction, this company also has many subsidiaries for eg Rosa power. The power sector looks promising for coming 3 to 4 years and I personally have rpower and various power companies in portfolio, you must have risk exposure to this sector, it could do wonders in the next years.
NSE:RPOWERLong
by SkyTradingZone
AARON industries#AARON Daily chart.. Resistance at 400 Support at 340 Keep on Radar. Aaron Industries Limited (AIL) is an Indian company that manufactures elevators, elevator parts, and stainless steel products. They also provide electronic equipment for elevators. What they do: Elevator manufacturing AIL designs and manufactures elevators, including cabins, doors, frames, headers, and traction machines. Stainless steel polishing AIL polishes stainless steel for mirrors, press plates, designer sheets, and more. Electrical equipment AIL provides electronic equipment for elevators, including distribution boxes, busbar chambers, cable trays, and loom switches. What they produce: Elevator cabins, including mild steel, stainless steel, and premium cabins Auto doors, including ADS 2Pnl Designer sheets, including full panel sheets and seamless designer sheets Distribution boards and boxes Busbars and mini busbar (MS) boxes.
NSE:AARONLong
by SkyTradingZone
Gold : Need a reset ?Gold price is testing the daily resistance (R1) and price did not breakout this pivot resistance on daily ,we have seen a massive bull run on gold so we can consider following case for short to mid term from here : Short-Term : there's a likelihood of a short-term pullback or consolidation (Don't take this as a sell call from me , I am still holding all my buy trades and will add on pullback). This would be a healthy (Yes and this will be a normal correction if it happen) move after a strong uptrend, allowing the market to digest gains . Watch for support at the green trendline and at the previous ATH. Mid-Term: The strong volume during this uptrend suggests that there's still significant interest in buying gold ,so overall market structure and trend is bullish and we can re-buy from lower levels after a good confirmation.
OANDA:XAUUSD
by TheGoldenCircle
1
Use of Macd in trading (basic-to-advance)Moving average convergence/divergence (MACD) is a technical indicator to help investors identify entry points for buying or selling. The MACD line is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. The signal line is a nine-period EMA of the MACD line. The standard and most widely used settings for the MACD Indicator are 12, 26, and 9. These represent the 12-day EMA (fast line), the 26-day EMA (slow line), and the 9-day EMA (signal line). However, some traders adjust these to shorter periods (like 8, 17, and 9) for day trading to capture faster market movements
NSE:BANKNIFTYEducation
by SkyTradingZone
6
Option and Database TradingOption chain analysis is the process of evaluating the information provided in the option chain to identify potential trading opportunities. Traders use option chain analysis to evaluate the market's expectations of an asset's future price movements and make informed decisions about their investments. The Option Chain is a table that contains the most critical information needed to purchase and sell options. We have previously discussed calls and puts, underlying prices, strike prices, expiration, and moneyness. The option chain is where all of this comes together (just like that map of the metro network).
NSE:NIFTYEducation
by SkyTradingZone
3
Option Chain AnalysisOption chain analysis is the process of evaluating the information provided in the option chain to identify potential trading opportunities. Traders use option chain analysis to evaluate the market's expectations of an asset's future price movements and make informed decisions about their investments. OI stands for Open Interest, which is the total number of outstanding option contracts that have not yet been settled. OI helps to gauge market trends and shows how many options contracts are still open. Higher open interest generally indicates higher liquidity and market activity for that contract. Use Graphs and Charts: You can plot the option chain data on graphs and charts. It will help understand the trends associated with different components of the option chain. Technical and Fundamental Analysis: Investors must analyse technical factors (associated with price) to make informed decisions.
NSE:NIFTYEducation
by SkyTradingZone
3
Option Chain AnalysisUnderstanding Option Chain Analysis An option chain is a matrix consisting of all available contracts for investors. Option chains are available for individual stocks and market indices like NIFTY 50 and NIFTY 500. You can select a stock or a market index and find all available options through an option chain. The 9.20 short straddle strategy involves selling a call and a put option at the same strike price at 9:20 AM in Indian markets, aiming to capitalize on time decay and volatility.
NSE:NIFTYEducation
by Optionclub
Database trading Part 5Database trading is a method of using data to make better decisions in the market. It involves using data analysis to improve profits and avoid costly mistakes Algo trading, also known as algorithmic trading, is a method of executing orders by providing a predefined set of rules to a computer program. When the predefined conditions are met, orders are placed at a speed and frequency that is impossible for a human trader. Line charts are one of the most commonly used charts in intraday trading. The line charts only display the closing price.
BSE:SENSEXEducation
by Optionclub
Advanced Level Pcr tradingThe Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment. However, no PCR can be considered ideal, but usually, a PCR below 0.7 is typically viewed as a strong bullish sentiment while a PCR more than 1 is usually considered as a strong bearish sentiment. If PCR is above 1, it would mean that more puts are being traded and since more puts are being traded by the retail traders (option buyers) this could mean that markets might do the opposite which is go up. Higher than 1 the PCR is, higher the chances of the market going up.
BSE:SENSEXEducation
by Optionclub
Why RSI is Important in Trading???The relative strength index (RSI) is a momentum indicator that measures recent price changes as it moves between 0 and 100. The RSI provides short-term buy and sell signals and is used to track the overbought and oversold levels of an asset. To use the RSI indicator, check if the value is above 70 to show an asset is overbought, or below 30 to show it is oversold. Traders can use these signals to find possible trading opportunities. Successful trades often occur when the RSI crosses above 30 (indicating a buy signal) or below 70 (indicating a sell signal). Adjusting the RSI period to 9 can make it more sensitive to price changes and be suitable for more active trading strategies
BSE:SENSEXEducation
by Optionclub
Divergence Based TradingDivergence is when the asset price moves in the direction opposite to what a technical indicator indicates. When a stock is diverging, it signals weaker price trends and the beginning of a reversal. The two types of divergence are: Positive: A positive divergence is a sign of higher price movement in the asset. Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. This means fewer trades but if you structure your trade well, then your profit potential can be huge. Divergences on shorter time frames will occur more frequently but are less reliable. Divergences are a powerful trading concept and the trader who understands how to trade divergences in the right market context with the correct signals can create a robust method and effective way of looking at price.
BSE:SENSEXEducation
by Optionclub
Database Trading Part 4Database trading is a method of using data to make better decisions in the market. It involves using data analysis to improve profits and avoid costly mistakes. Trading data is a sub-category of financial market data. It provides real-time information about stock and market prices as well as historical trends for assets such as equities, fixed-income products, currencies and derivatives. A database is an electronically stored, systematic collection of data. It can contain any type of data, including words, numbers, images, videos, and files. You can use software called a database management system (DBMS) to store, retrieve, and edit data.
BSE:SENSEXEducation
by Optionclub
XAU#12: Blocking gold is burning? Experience when trading XAU🔥Yesterday we had a correction to 280x (slightly higher than the 279x analysis of analysis #11) which gave us a very nice buying position. Currently, the price is still continuing to conquer the next milestones. 🔥 💎 💎 💎 And here is the plan for FOREXCOM:XAUUSD : 💎 💎 💎 1️⃣ **Fundamental analysis:** 📊 The World Gold Center is Expanding, the shift of the gold market center from New York, London, Zurich to Dubai, Shanghai, Mumbai and Saudi Arabia. 🔴 Dubai now accounts for 25% of global gold trading, becoming the second largest market in the world. Demand for physical gold from emerging markets such as India, Turkey and China is increasing strongly because gold is considered a "stable currency". 📌 Morgan Stanley: No longer expecting the Fed to cut interest rates in March, expecting a rate cut in June 🚀 Although high interest rates and a strong USD often put pressure on gold, gold prices have remained stable, showing the sustainability of the uptrend. However, money flows from Western investors have not yet participated strongly in this price increase, although every slight adjustment is bought. 2️⃣ **Technical analysis:** 🔹 **D Frame**: Yesterday's candle closed showing optimism about the prospect of OANDA:XAUUSD 's price increase. 🔹 **H4 Frame**: The bullish structure has not changed. 🔹 **H1 Frame**: We have new support zones but there is no sign of a correction. Gold's uptrend is sustainable 3️⃣ **Trading plan:** ⛔ As you can see, the importance of trading with the trend. There are quite a few accounts that have been burned by stubbornly holding on to losses waiting for gold to fall. However, this action will erode our trading psychology and accounts. In my personal experience, blocking gold to catch a falling knife or holding on to losses at this time always brings bad results. The advice for those who have lost or are still holding on to losses is that we should end our mistakes and rest to stabilize our psychology before planning the next transaction. ✅ If we have a good position, we can completely wait for a larger profit according to the current situation. In my personal experience, with the current long-term increase, we can only wait until Gold reaches round numbers like 2900 or 3000. Pay special attention to the 3000 mark because its value is equivalent to an important psychological barrier 💪🚀 **Wish you successful trading!** 📌 For any questions, please contact us directly. I am ready to answer you for free
OANDA:XAUUSD
by TonyL0ng
Database Trading Part 2Database trading is a method of using data to make better decisions in the market. It involves using data analysis to improve profits and avoid costly mistakes. How does database trading work? Data collection: Data is collected from various sources, such as stock exchanges, third-party financial data vendors, investment banks, and hedge funds Data analysis: The data is analyzed to identify patterns and trends Decision making: The data analysis is used to make decisions about trading, such as when to buy or sell Execution: The decisions are executed by machines or humans Benefits of database trading Helps improve profits, Helps avoid costly mistakes, and Helps navigate the markets. Examples of trading strategies Day trading Involves making many trades in a single day to profit from short-term price changes Algorithmic trading Involves using computer programs to execute trades based on predefined rules Event trading Involves profiting from short-term price movements triggered by specific events Position trading Involves holding positions for an extended period to profit from price movements
NSE:BANKNIFTYEducation
by Optionclub
Database Trading Part 1Database trading is a method of using data to make better decisions in the market. It involves using data analysis to improve profits and avoid costly mistakes. How does database trading work? Data collection: Data is collected from various sources, such as stock exchanges, third-party financial data vendors, investment banks, and hedge funds Data analysis: The data is analyzed to identify patterns and trends Decision making: The data analysis is used to make decisions about trading, such as when to buy or sell Execution: The decisions are executed by machines or humans Benefits of database trading Helps improve profits, Helps avoid costly mistakes, and Helps navigate the markets. Examples of trading strategies Day trading Involves making many trades in a single day to profit from short-term price changes Algorithmic trading Involves using computer programs to execute trades based on predefined rules Event trading Involves profiting from short-term price movements triggered by specific events Position trading Involves holding positions for an extended period to profit from price movements
NSE:BANKNIFTYEducation
by Optionclub
Database Trading Part 5Trading data is a sub-category of financial market data. It provides real-time information about stock and market prices as well as historical trends for assets such as equities, fixed-income products, currencies and derivatives. How does database trading work? Data collection: Data is collected from various sources, such as stock exchanges, third-party financial data vendors, investment banks, and hedge funds Data analysis: The data is analyzed to identify patterns and trends Decision making: The data analysis is used to make decisions about trading, such as when to buy or sell Execution: The decisions are executed by machines or humans
NSE:BANKNIFTYEducation
by Optionclub
Use of RSI in tradingThe Relative Strength Index (RSI) is a technical indicator that helps traders assess the momentum of an asset's price. It's used to identify overbought and oversold market conditions, and to provide buy and sell signals How to use RSI Identify overbought and oversold conditions RSI values above 70 indicate overbought conditions, while values below 30 indicate oversold conditions. Confirm trends Use the RSI to validate trends and trend reversals. For example, a downward trend is confirmed when the RSI crosses from above 50 to below 50. Provide buy and sell signals Use the RSI to determine when to enter and exit positions. For example, low RSI levels indicate oversold conditions, which may generate a potential buy signal. Combine with other indicators Use the RSI with other technical indicators to identify market trends and confirm signals. For example, you can combine RSI with moving averages to identify strong assets in uptrends
NSE:BANKNIFTYEducation
by Optionclub
Macd divergenceThe indicator is calculated by subtracting a 26-period Exponential Moving Average from the 12-period moving average. There is also a histogram available on the indicator which can also be used as a divergence indicator. As a result, you will then see the MACD line, which shows as an indicator below the price chart. For daily charts, many traders find the default MACD settings (12, 26, 9) to be very effective. This timeframe captures the broader market trends and helps filter out market noise. Combine MACD with other indicators like RSI or Bollinger Bands when analyzing a 1-day chart for a more comprehensive market view
NSE:BANKNIFTYEducation
by SkyTradingZone
3
momentum tradingMomentum trading is a strategy that aims to capitalize on the continuance of existing trends in the market. Momentum traders usually buy or sell an asset moving intensely in one direction and exiting when this movement shows signs of reversing. They also seek to avoid buying or selling assets that are moving sideways While it can be a profitable strategy when executed correctly, it's important to manage risk and be aware of the potential downsides. What is the concept of momentum trading? Momentum trading is an investment strategy that involves buying assets that are trending upward and selling those that are trending downward
NSE:NIFTYEducation
by SkyTradingZone
3