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Nifty50

Nifty analysis for 11/12/2024. Nifty is in a range bound cycle after the bullish move from the recent low. 50% Fibonacci levels is acting as a crucial resistance level for the market. Overall market seems bullish but still the market can take the resistance form fib levels and revert to continue the bearish trend. The moving averages on the hourly charts are near to the trading price and it can move either way. Major support levels :- 24500, 24330, 24170 Resistance levels :- 246660, 24770 Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
#nifty50 - 9th December!!NSE:NIFTY Understand the chart, observe the chart, implement according to this : 1. Support and Resistance Zones: - Imagine "support" as a safety net—if the price falls, it’s likely to bounce back up from these levels (like 24,373.90). - "Resistance" is like a ceiling—when the price rises, it may struggle to break through higher levels (like 24,857.75 or 25,101.45). 2. Trendlines: - The black diagonal lines are like train tracks guiding the price upward. As long as the price stays between these tracks, the upward journey is likely to continue. 3. Key Areas (Orange Zones): - The orange areas are hotspots where buyers and sellers fight the hardest. If the price enters these zones, it might pause or reverse. 4. What’s Happening Now?: - The price recently hit a high near 24,857.75 (a ceiling) and is now hanging around a lower level, testing its "safety net" around 24,648.10. - It’s like climbing stairs—if the price breaks through the next step (resistance), it could climb higher. But if it slips below the safety net, it might fall to the next step down. 5. What’s Next?: - If the price climbs above 24,857.75, we might see it reach new highs like 24,949.10 or even 25,101.45. - But if it falls below the support, it might drop to the next level around 24,373.90 or lower. In short, this chart tells a story of a market in an upward trend, but it’s at a critical point where the next move could be either up or down. Not a SEBI Registere [/b ]
NSE:NIFTY
by thetradeforecast
1
Nifty weekly expiry intraday levels for 25/12/2024Nifty has given a nice closing around the resistance zone and a good support on 20 EMA is there on 30 minutes. Tomorrow is weekly expiry and a volatile trading day will be there as all the volume will be in this only index tomorrow. Support levels :- 24460,24345 Resistance :- 24570, 24670 If market consolidate in the first half and gives a break out, trending move can be capture either side. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
Nifty analysis for 03/12/2024Nifty has been trading in a range for last five trading session and there are possibility of a trend reversal as the chart seems to me. It is trading around the Hourly EMAs and has closed above it after good fall on Thursday. If there is a break out of the resistance zone, 24500 can also be breached and new highs around 24730 can be seen. A base and W pattern formation is there around the low created. Buy on dip can be done once the crucial round number figure is taken out. Resistance :- 24350, 24500, 24940 Support zone :- 24090-24140 The market is looking strong for the coming days. Market reaching 25k this week or the next can be seen. Wait for the price action near the levels before entering the market.
NSE:NIFTYLong
by Mambotrade
Dow theroy - NIfty50 !!NSE:NIFTY This chart represents a technical analysis of the Nifty 50 Index in the I-hour time frame, showing key phases and levels that traders monitor for decision-making. Here's the explanation in simpler terms: 1. Accumulation Zone: This is the area marked in the first shaded box where the price is moving sideways within a range (between support and resistance levels). • In this phase, big players (institutions) are likely accumulating (buying) before the next move. 2. Breakout to Manipulation: After the accumulation, the price broke out above the resistance level. However, this was followed by a sharp reversal downward. The sharp drop is labeled "Manipulation," where the market may have tricked traders into thinking the price was going higher, only to push it down. 3. Support Levels: • Several support levels are marked where the price found temporary stability and reversed upward. These areas indicate where buying pressure overcame selling. 4. Distribution Zone: • In the next shaded area, the price moved sideways again. This could indicate a "distribution" phase where institutions are selling off positions after the price increased. 5. Future Projection: The dotted line shows a possible future path where the price could rise again toward the distribution area (marked as potential resistance). Key Takeaways: Sideways Movement: Indicates areas of balance between buyers and sellers. Manipulation: A sharp move designed to trigger stop-loss orders or mislead traders. • Future Trend: The chart suggests a bullish (upward) move if the price sustains above current support levels. Traders can use these observations to plan entries or exits around support/resistance levels while being cautious of potential false breakouts.
NSE:NIFTYLong
by thetradeforecast
3
Advanced Trading The intended reason that companies or investors use options contracts is as a hedge to offset or reduce their risk exposures and limit themselves from fluctuations in price. Because options traders can also use options to speculate on price or to sell insurance to hedgers, they can be risky if used in those ways. In all, it is not gambling but is a type of speculation hence a government employee and PSU servants are not allowed to trade in options.
NSE:NIFTYEducation
by SkyTradingZone
1
NO EDGE MEANS NO LONG TERM SUCCESSWhy is Trading a Business? Every Business Needs an Edge Trading isn’t just buying and selling; it’s running a business. Yet, many traders enter the market thinking it’s a game of luck or a quick path to riches. They often overlook the fundamental principles that make businesses succeed – planning, strategy, risk management, and most importantly, an edge. Every successful business operates with a clear competitive advantage. It could be a unique product, better customer service, cost efficiency, or a strong brand. Similarly, in trading, your edge is the unique factor that tilts the odds in your favor, ensuring consistent profitability over time. Let’s break this down further. --- Trading as a Business Imagine opening a store without knowing what to sell, who your customers are, or how to price your products. Sounds like a recipe for disaster, right? Trading without an edge is no different. Here’s how trading mirrors a business: 1. Capital Investment: Like any business, trading starts with capital. You invest money to make money. The goal? Protect your investment while growing it sustainably. 2. Risk and Reward: Every trade is a calculated risk, much like any business decision. Smart businesses don’t gamble; they assess risks and aim for favorable outcomes. Traders must do the same. 3. Operating Costs: Spreads, commissions, data subscriptions, and even your time – these are the costs of running your "trading business." Without careful management, these costs can eat into profits. 4. Strategy and Execution: Just as businesses need clear strategies to attract customers, traders need precise plans for when to enter, exit, and manage trades. --- The Role of an Edge in Business and Trading In business, an edge is what keeps you ahead of competitors. It could be your pricing strategy, innovative products, or superior supply chain. In trading, your edge is the reason you consistently make money while others lose. Without it, you're just another player in the market, relying on hope rather than skill. Here’s how an edge works in trading: - Better Knowledge: Maybe you’ve mastered chart patterns or have insights into how specific news events impact prices. - Superior Execution: Perhaps you can execute trades faster, capitalizing on small price inefficiencies. - Emotional Discipline: Your ability to stick to a plan when others panic can itself be an edge. - Risk Management: Knowing when to cut losses or ride a trend is critical. --- What Happens Without an Edge? Businesses without a competitive advantage struggle to survive. They either burn through their resources or get outperformed by competitors. Similarly, traders without an edge lose consistently, blaming the market, brokers, or even bad luck. Remember, trading is a zero-sum game. For every winner, there’s a loser. If you don’t have an edge, you’re likely on the losing side over the long term. --- Developing Your Trading Edge Creating an edge is not about finding shortcuts; it’s about building a system that works for you. Here’s how to start: 1. Understand Your Market: Just like businesses study their industry, traders need to specialize. Are you trading stocks, forex, or options? Focus on a niche and learn it deeply. 2. Create a Strategy: Develop a trading plan based on proven setups, market conditions, and your personal strengths. Backtest this plan with historical data to ensure it has a statistical edge. 3. Monitor and Adapt: Businesses adapt to market trends, and so should traders. Regularly review your trading performance and refine your strategy. 4. Risk Management: A business would never invest all its funds into one risky venture. As a trader, never bet your entire capital on a single trade. --- Conclusion: Trading is a Business with Unlimited Potential Trading offers the freedom to be your own boss, but it comes with responsibilities. Treat it as a business, and respect its demands. Your trading edge is your competitive advantage, the key to surviving and thriving in the markets. Whether it’s through a unique strategy, superior risk management, or emotional discipline, every trader must find their edge. Without it, the market becomes a casino where the odds are stacked against you. So ask yourself: what’s your trading edge? If you don’t have one yet, it’s time to start building it. Because in trading, as in business, those without an edge rarely last. Follow me for more such content ahead Till then, HAPPY TRADING :)
NSE:NIFTYEducation
by keshevdugar
3
Management TradingTrade management involves a series of tasks and decisions that occur after a trade is executed. These tasks include: 1. Determining Position Size: Before entering a trade, calculate the appropriate position size based on your risk tolerance and account size. Trade Management is the process by which companies plan, execute, and administer payment for trade promotions. Successful trade management includes: Managing trade funds. Maximizing trade promotion profitability. Minimizing claim and deduction costs.
NSE:NIFTYEducation
by SkyTradingZone