Indextrading
Banknifty vwap and mvwap MVWAP may be used by longer-term traders, but VWAP only looks at one day at a time due to its intraday calculation. Both indicators are a special type of price average that takes into account volume which provides a much more accurate snapshot of the average price. The indicators also act as benchmarks for individuals and institutions that wish to gauge if they had good execution or poor execution on their order.
testing purpose
What do you guys think ? Hello Traders
do you guys think that it will give Breakout without retracement ?
Study on nifty ( back testing and access please pm )While we all look for progress in life, it is essential to have a Guru who shows you the path, inspires you in his very own tacit way.
A notein course of trading it seems merely watching a sporting event where the outcome is unknown but there is plenty of action along the way. There are ups and downs, and things can change dramatically from one moment to the next.
most people enjoy the actions from price ( including me ) and most put the weight on other actions on the way, everyone predicting what is going next.
Nifty View !! Trade with Strict sl Nifty View !!
Buy Nifty at Cmp 11200 Use Dips Till 11100 for Buying
with Sl 11040
Target 11500-11700+
Note: View Given Here are For Educational Purpose Only!!
Consult Your Financial Advisor Before Taking Any Trade
Nifty - Long - Swing TradeNifty formed a bullish flag pattern followed by a consolidation before a breakout to reach the top of the flag.
Further consolidation was seen in the ~11800-12000 range.
Nifty has witnessed a breakout from this range and is thefore expected to resume its upmove to the target of 12775 given the length of the Flag Pole.
This is ofcourse going to be a swing trade with positions to be held for several weeks.
I will post updates on the trade from time to time.
Stop Loss should be maintained at 11800.
Target: 12775
REVERSAL IN PSU BANK INDEX FEW STOCKS GOOD TO GO LONG!!THE INDEX HAS ENGULFED ABOVE THE CLOSE OF THE
PREVIOUS BAR.
STOCKS LIKE BOI AND BANKINDIA AND CANARA BANK
HAVE ALSO SEEN BULLISH ENGULFING PATTERN
BUY ANY OF THE ABOVE STOCKS WITH A SHORT TERM VIEW
