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HDFCBANK

Advanced Patterns Trading Chart patterns are visual representations of price movements used in technical analysis to predict future market behavior, categorized as continuation, reversal, or bilateral, and can signal potential trend continuation, reversal, or volatility. Top Picks: The Most Successful, Profitable, and Reliable Chart Patterns Head and Shoulders Pattern. Double Tops and Double Bottom. Cup and Handle. Ascending/Descending Triangles. Bullish and Bearish Flags. Wedge Patterns (Rising/Falling Wedges) Triple Tops and Triple Bottoms. Symmetrical Triangles.
NSE:BANKNIFTYEducation
by SkyTradingZone
HDFC Bank - Swing Trade NSE:HDFCBANK is looking Super Strong on the Daily time frame after forming a perfect base today it broke out and closed significant levels with MACD and RSI Trending Upwards it Can retest its ATH Levels soon. About: NSE:HDFCBANK is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024. As of April 2024, NSE:HDFCBANK has a market capitalization of $145 billion, making it the third-largest company on the Indian stock exchanges. It is India's one of 3 systemically important banks with a 15% market share in the banking sector’s advances and a 37% market share in the private sector banks’ advances as of FY24. F&O Activity: Short's Getting Covered in Futures with decreasing OI with 1740 CE OI covering Significantly. Trade Setup: Buy on Dips if Possible Near Base Levels or Start with a Few Qty to see the momentum if continues further Sharply or Consolidates. Target(Take Profit): Ideally around ATH Levels near 1860 to 1880 Levels Stop Loss: Entry Candle Low for Swing Traders and Swing Low Base Formed as Mentioned for Positional and Buy on Dips Traders. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes only 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:HDFCBANKLong
by Karanshah137
Advanced Swing Trading Strategy with Pcr Part-2The 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. So, an average put-call ratio of 0.7 for equities is considered a good basis for evaluating sentiment. In general: A rising put-call ratio, or a ratio greater than 0.7 or exceeding 1, means that equity traders are buying more puts than calls. It suggests that bearish sentiment is building in the market.
NSE:BANKNIFTYEducation
by SkyTradingZone
2
Trading with Professionals Identifying the trend. This is the first step in technical analysis for traders because trading strategies can either follow the trend or go against the trend. ... Drawing support and resistance levels. ... Establishing entry and exit points. ... Position sizing and risk management. What exactly are the two types of technical analysis? Chart patterns and technical (statistical) indicators are the two main types of technical analysis. Chart patterns are a subjective type of technical analysis in which technicians use certain patterns to indicate regions of support and resistance on a chart.
NSE:BANKNIFTYEducation
by SkyTradingZone
Support and Resistance Part -2What is the best support and resistance setting? Rules For Drawing Support and Resistance Use swing highs and swing lows in the market to your advantage. ... Don't worry if the highs and lows don't line up perfectly. ... Focus on the major (key) levels in the market. ... Stay within a six-month window. Tube resistance bands work great for almost any kind of exercise. They're the ultimate solution when it comes to anchored workouts to focus on isolation exercises, and they'll be useful in both upper and lower-body exercise.
NSE:NIFTYEducation
by SkyTradingZone
Support and Resistance Part 1A support and resistance level is simply a level in a market at which traders find a price to be overvalued or undervalued depending on current market dynamics. This creates a level in the market that can act as support or resistance depending on various factors surrounding each currency. When it comes to charting support and resistance levels, keep it tidy and focus on the levels closest to your current price action. If you start scribbling levels all over the place, your chart will look like a toddler’s doodle, and you’ll lose track of which levels to keep an eye on and which ones carry more weight. Support Zones: Rather than a precise price point, support is usually identified as a price zone. Within this zone, numerous market participants often place their buy orders. And a resistance level is a point where it’s likely to stop rising and start falling – these are always located ABOVE the current price.
NSE:BANKNIFTYEducation
by SkyTradingZone
6
HDFC Bank - Exit with profitsHDFC bank was number 1 safe investments with sure profits due to MSCI money flow, It worked out well. support area with big volume candle given second opportunity to enter long. But now price is forming right shoulder for head and shoulder pattern and price is below resistance area with same big volume candle indicating bearish view now. It might re test support and based on action at previous support only we can say will price rise or not again. so its better to book profits and stay away from HDFC for now.
NSE:HDFCBANKShort
by venkatfx
Technical AnalysisTechnical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories. Technical analysis is a strategy for predicting movement in the stock market, or other securities markets, that relies on information from short periods of time. For this reason, day traders or other short-term traders often use technical analysis.
TVC:IN10YEducation
by SkyTradingZone
MACD Divergence TradingMoving 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 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.
INDEX:BTCUSDEducation
by SkyTradingZone
Option Trading Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame. When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
NASDAQ:NVDAEducation
by SkyTradingZone
Advanced Swing 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.
NSE:BANKNIFTYEducation
by SkyTradingZone
Technical Analysis Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories. What exactly are the two types of technical analysis? Chart patterns and technical (statistical) indicators are the two main types of technical analysis. Chart patterns are a subjective type of technical analysis in which technicians use certain patterns to indicate regions of support and resistance on a chart.
NSE:NIFTYEducation
by Optionclub
Option TradingOptions are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame. When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
NSE:BANKNIFTYEducation
by Optionclub
TradingOne of the most effective ways of studying is to carve space out between sessions. If you break up your study load over several days, you'll retain information far more readily than if you crammed it into your head during one long session. Day trading and swing trading are two very different approaches to short-term investing. If you're more interested in an exciting, higher-risk environment that requires greater attention, day trading is better for you. Otherwise, the slower, more methodical path of swing trading might be a better option.
NSE:HDFCBANKEducation
by SkyTradingZone
3
Advanced Database TradingOptions trading is a type of financial trading that allows investors to buy or sell the right to purchase or sell an underlying asset at a fixed price, at a future date. Options trading operates on the basis that the buyer has the option to exercise the contract but is not under any obligation to do so. Option trading is largely a skill requiring knowledge of market trends, strategies, and risk management techniques. While there is an element of uncertainty in the markets, successful traders rely on analysis, planning, and discipline rather than luck.18 Dec 2024
NSE:NIFTYEducation
by SkyTradingZone
3
Advanced Swing Trading for Option TraderSwing traders analyze stock price patterns to anticipate when prices will rise, allowing them to buy low, and when prices will fall, enabling them to sell high. The goal of swing trading is to make money by buying a stock or option at a low price and selling it later at a higher price. The 1% rule restricts Day Traders' risk to no more than 1% of their total account value on any given trade. Trading large positions with close stop-losses or small positions with stop-losses far from the entry price allows traders to risk 1% of their account, but it also involves the risk of daily volatility.
NSE:BANKNIFTYEducation
by SkyTradingZone
3
Important Video for Trader'sTake regular breaks when you are reading or studying. Reading for short periods of time of about 20-30 minutes should be enough to really focus on the text and take in as much as possible. 7. Read in a positive environment that is comfortable and free of distractions as this will help improve your concentration. The 60-60-50 RSI strategy is a trading strategy that generates buy/sell signals by analysing the RSI across multiple timeframes. This course will teach you the logic of the 60-60-50 strategy and how to apply it.
NSE:NIFTYEducation
by SkyTradingZone
3
Divergence Trading An RSI divergence occurs when the indicator and price begin to reach different levels, indicating a change in momentum that precedes a change in price direction. For example, a bullish divergence occurs when the security makes a lower low but the indicator forms a higher low. What is the best RSI setting for divergence? The default RSI setting is a 14-period, which works well for most traders. However, shorter settings (like 7) increase signal sensitivity, while longer settings (like 21) reduce noise and offer more reliable signals, especially for long-term trading.
NSE:RELIANCEEducation
by SkyTradingZone
3
PCR (Put Call Ratio) Trading The 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. Here PCR is computed by dividing the put trading volume by the call trading volume on a specific day. Here, Put volume indicates the total put options initiated over a specific time-frame. Conversely, Call volume indicates the total call options initiated over a specific time-frame.
NSE:BANKNIFTYEducation
by SkyTradingZone
3
Trading MistakesIt is a high-stakes game where many are lured by the promise of quick riches but ultimately face harsh realities. One of the harsh realities of trading is the “Rule of 90,” which suggests that 90% of new traders lose 90% of their starting capital within 90 days of their first trade. The 5-3-1 strategy is especially helpful for new traders who may be overwhelmed by the dozens of currency pairs available and the 24-7 nature of the market. The numbers five, three, and one stand for: Five currency pairs to learn and trade. Three strategies to become an expert on and use with your trades.
NSE:RELIANCEEducation
by SkyTradingZone
3