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Multiple Time Frame Analysis

NIFTY FOR 05 AUG Educational Post trading at support Nifty is trading at support If Nifty moved in a uptrend, considering the globe cues take the trades cautiously as we can see more OI in call side. Resistance for uptrend #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:NIFTY
by UnknownUnicorn36986101
2
BANKNIFTY 31jul Educational Post- Best to wait and let it settleHow to find Support /Resistance of a INDEX in 15m time intervail From the tool bar, draw Fibonnaci retracement at the All time high candle and draw it down to the next few available support levels. As you draw, the retracement lines should touch on the underlying Horizontal Fibonacci levels (23.6%, 38.2%, 50%, 61.8%, etc.) In this example, the INDEX level shown The other reason to use this index as reference is because other index from the industry has reported excellent numbers and we all are looking for a good entry point for better risk/reward. #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:BANKNIFTY
by UnknownUnicorn36986101
2
Bandhan Bank _Upside gap Currently Bandhan Bank is trading around Rs.218.50 and gave breakout with upside gap candle. Pros:- Stock about to break 💔 All time trendline. * stock is showing good signs of strength in weekly and monthly timeframe. * Nifty Bank index is also supporting. *Trade Set_up *Go long @ current candle with 194 has support if your are aggressive trader. *if your a low risk trader, Then let price come to support @ 194 which is having gap concept. * Best to trade in F&O of Aug_2024. Happy Trading!! Only for educational Purpose.
NSE:BANDHANBNKLong
by Babujoseph77
Budget day trading levels BN 23/07/24.Banknifty prior to the budget day closed flat and there are chances of a trending market owing to the news. On the hourly charts, the market has consolidation after the first hour candle. Consolidation is good to make the break out/ down to travel. Market is trading around the 20 ema and above 200 ema. If the market break below the moving average, trade using MA strategy can be entered. Major support levels :- 52160, 51940 Resistance levels :- 52420, 52630 Wait for the price action near the levels before entering the markets.
NSE:BANKNIFTY
by TheMamboMomentum
What Time Frame Should You Trade?What Time Frame Should You Trade? When it comes to trading in the financial markets, choosing the right time frame can significantly impact your success. A time frame simply means how long you analyze the price movements of a stock or currency before making a trade. Some traders prefer to analyze prices every minute, while others prefer to watch them over days or weeks. Each time frame has its advantages and challenges. In this article, we'll explore different time frames—like short-term, medium-term, and long-term—and help you decide which one might work best for you. What is the Time Frame in Trading? Time frames in trading refer to the specific duration over which price data is aggregated and displayed on a chart. Each time frame represents a different perspective of market movements and is crucial for making trading decisions. Traders can choose from various time frames such as short-term (like minutes or hours), medium-term (like days or weeks), and long-term (like months or years), depending on their trading strategy, goals, and preferred level of activity in the markets. The time frame selected significantly influences trading strategies, risk management approaches, and the types of opportunities traders can identify and act upon. Choosing A Time Frame In trading, your success depends on choosing the right time frame that fits how you like to trade. There are different methods and strategies for different time frames, so picking the right one is really important. 1. Short-Term Time Frames Typically, in trading, short-term time frames refer to charts where one candlestick or bar represents a relatively brief period such as minute(s) or hour(s). These time frames are mostly used by traders for quick analysis and decision-making. Some examples include: 1 minute chart: Every candlestick symbolizes one minute during which trade took place. It is very short term, used for intraday trading, to capture quick movements of the price. 5-minute chart: Each candlestick shows the activity of 5 minutes. This is slightly broader than a 1-minute chart but still focuses on intraday trading. 15-minute chart: Each of these candles represents 15 minutes of trading activity. Traders use this timeframe to identify short term trends and patterns within single-session trades. These short-term periods are useful for market participants who are actively watching the market and making decisions based on the prices that move only within that day itself. 2. Medium-Term Time Frames Medium-term time frames typically refer to charts or time intervals in technical analysis that range from several weeks to several months. These time frames are commonly used by traders and analysts to analyze trends, patterns, and price movements that occur over a span longer than short-term (intraday to a few days) but shorter than long-term (years). Here are some common examples of medium-term time frames: 4-Hourly Charts (4H): Each candlestick or bar represents price action over a 4-hour period. Traders often use these charts to identify shorter-term trends within a medium-term context. Daily Charts: Each candlestick or bar represents price action over one trading day. Daily charts are widely used to analyze medium-term trends and key levels. Weekly Charts:Each candlestick or bar represents price action over one week. These charts are useful for identifying trends and significant support/resistance levels over several months. 2-Week or Monthly Charts: Some traders might consider these as longer medium-term time frames, where each candlestick or bar represents price action over 2 weeks or a month. These are useful for identifying broader trends and major support/resistance levels over several months. Medium-term time frames are valuable because they provide a balance between capturing significant market movements and avoiding the noise that shorter-term time frames can sometimes exhibit. They are particularly useful for swing traders and investors who aim to capitalize on trends that unfold over weeks to months. 3. Long-Term Trading Long-term time frames in trading typically refer to charts or analyses conducted over extended periods, such as several months to years. They are used by investors and traders to identify broader trends and make decisions based on long-term market movements rather than short-term fluctuations. Long-term time frames are valuable for understanding the overall direction of a financial instrument or market, filtering out noise that may be prevalent in shorter time frames. This approach is often associated with strategies like long-term investing or trend following, where decisions are based on fundamental factors or significant technical patterns that unfold over longer periods. Choosing the Right Time Frame to Trade The choice of time frame for trading depends on your trading style, risk tolerance, and time commitment. Short-term time frames like minutes to hours are suitable for day traders who make quick decisions based on real-time data. Medium-term time frames, such as a few days to weeks, are ideal for swing traders who take advantage of price patterns and trends. Long-term time frames, spanning weeks to months or even years, are preferred by position traders or investors who rely more on fundamental analysis. It’s important to choose a time frame that aligns with your trading strategy and personal circumstances. Conclusion Choosing the right time frame for trading is very important. It directly impacts how you analyze markets, make decisions, and manage risks. Whether you prefer short-term action or a longer-term view, aligning your time frame with your trading strategy is key to success. Remember, consistency and adaptation to market conditions are essential. Experimentation and learning from experience will help you find the time frame that best suits your goals and style.
NSE:FINNIFTY1!
by Dhan