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Nifty50

Advanced Rsi Divergence TradingRSI Divergence occurs when the Relative Strength Index indicator starts reversing before price does. A bearish divergence consists of an overbought RSI reading, followed by lower high on RSI. At the same time, price must make a higher high on the second peak, where the RSI is lower. If used correctly, RSI divergence can be profitable, providing early signals of trend reversals. However, it also carries risks, and traders should use it alongside other indicators and proper risk management strategies.
NSE:BANKNIFTYEducation
by SkyTradingZone
Technical Analysis MACD HIstogram Key Takeaways The moving average convergence divergence (MACD) is a popular momentum indicator that is used in technical analysis. The MACD is calculated by comparing exponential moving averages in a security's price. The MACD line is charted alongside a nine-day moving average of the MACD line, called the signal line, and a histogram representing the difference between these two curves. Traders use the MACD histogram to anticipate changes in market momentum. MACD analysis can still generate false price predictions. Experienced traders use additional metrics and fundamental analysis to support their forecasts. This example should demonstrate how observing the MACD histogram can help anticipate changes in trends in both short-term and long-term price momentum. It is important for traders to learn to recognize these trends and not bet against them. Fighting a trend is a sure way to get pummeled.
NSE:BANKNIFTYEducation
by SkyTradingZone
MACD TRADING / Technical AnalysisMoving 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 MACD indicator (or oscillator) is a very popular indicator among traders around the world for identifying trends and reversals. It was invented around 1977 by Gerald Appel, who was looking for a quality indicator that could immediately be interpreted.
NSE:BANKNIFTYEducation
by SkyTradingZone
DATABASE TRADING WITH OPTION CHAINOption chain data is the complete picture pertaining to option strikes of a particular stock or index in a single frame. In the Option chain frame, the strike price is at the center and all data pertaining to calls and puts on the same strike are presented next to each other. Traders use an options chain to choose the specific option contracts that best align with their trading strategy. They can select options with the desired strike prices and expiration dates based on their market outlook. Options chains are crucial for assessing and managing risk.
NSE:BANKNIFTYEducation
by SkyTradingZone
3
Nifty - Head and Shoulder -DailyThis chart represents a technical analysis of the Nifty 50 Index using two key indicators: 1. **Head and Shoulders Pattern**: - The chart highlights a classic **Head and Shoulders** pattern, where there are two shoulders (left and right) with a higher peak in the middle (the head). This pattern suggests a potential bearish reversal. - The **neckline** is drawn -24,800 which will ack as Stoploss also, which, when broken, confirms the bearish trend. - The measured **breakdown** distance (from the neckline to the head) is mirrored below the neckline, indicating the target 23,133 for potential further declines. 2. **Fibonacci Retracement Levels**: - Fibonacci levels are overlaid on the chart, indicating possible support and resistance levels. - The 0.618 Fibonacci level, which is often a significant support zone, is marked at **24,801.55**, which appears to be near the current price of **24,749.85**. - Other important levels include 0.5 (25,083.35) and 0.786 (24,400.40), which could also act as pivot points. The large price drop near the end, after a right shoulder formation, along with the bearish volume spikes, suggests the index is under selling pressure, and further declines are possible if the support levels are broken.
NSE:NIFTYShort
by VCharts_TA
2
Nupur Recyclers looking good; short term inv;Min 75% RoiHuge potential is there. For short term investment ; Leave a " Like If you agree ".👍 Follow for regular updates✌️ . . Very close Stoploss is Enough . Wait for small retracement & daily candle to close above - "90" . This may be Slow and Time taking stock, but good for investment Portfolio. . . Enter after market Breaks "Yellow box" mentioned. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency " 💹 Refer our old ideas for accuracy rate🧑‍💻 Valuable comments are welcomed-✌️ . Refer over old posted idea attached below.
NSE:NRLLong
by TheNuraTrading
Reliance Industries: Opportunity in a Demand Zone ConfluenceReliance Industries Limited (RIL), one of India’s largest conglomerates, has recently experienced a drop in its share price. In the second quarter of FY25, the company reported a 5% decline in consolidated net profit, down to Rs 16,563 crore. While this has weighed on the stock price, it also presents a buying opportunity for traders. Chart Analysis: A Confluence of Demand Zones Let’s take a closer look at the technical picture. If you analyze the weekly chart of Reliance Industries, you’ll notice that the stock is currently trading in a demand zone . This zone is an area on the chart where there is strong buying interest, and it could potentially support the price, leading to a bounce. What makes this setup more attractive is that the stock is also sitting in a daily demand zone , creating a confluence between the two timeframes. Confluences like this increase the probability of a successful trade since multiple factors align in the same direction. Entry 1: Reversal Candlestick Pattern at the First Demand Zone The first potential entry point for a trade comes from the RBR (Rally-Base-Rally) zone , which is the current demand zone on the weekly chart. If you observe a reversal candlestick pattern , this could signal the start of a move higher. Wait for a confirmation of the reversal pattern before entering the trade. This pattern could serve as a signal that the market is ready to rally from the current demand zone. Let’s call this Entry 1 . Entry 2: The Second Demand Zone - A Stronger Opportunity If the price continues to drop, there’s a second RBR demand zone below the current one, and this could provide an even better buying opportunity. What makes this zone particularly strong is that it coincides with a previous resistance level, which could now act as support again . This is known as the Act of Polarity , where old resistance becomes new support & this is also confluence. Entry 2 is compelling because the stock had previously been in a tight consolidation, and this demand zone formed as the price broke out of that consolidation. Now, as the price approaches this zone again, it’s a high-probability area for a bounce. For Entry 2, you can place a stop-loss just below the demand zone, allowing a small buffer. This will protect your trade if the price falls further. Your first target could be the daily supply zone around 2928. Despite recent setbacks, Reliance remains one of the strongest companies in India, with diversified business interests across sectors like telecom, retail, and energy. The current pullback is more of a short-term correction rather than a sign of fundamental weakness. The confluence of demand zones on the weekly and daily charts offers traders a high-probability setup in Reliance Industries. While waiting for a reversal candlestick pattern at the first demand zone is a more conservative approach, the second demand zone presents a stronger opportunity due to confluence of its location at a previous resistance level, which now acts as support. Proper risk management with a stop-loss below the second demand zone ensures that traders are protected if the price drops further. Lastly, thank you for your support, your likes & comments. Disclaimer: This analysis is purely for educational purposes and is not intended as a trading or investment recommendation. I am not a SEBI registered analyst.
NSE:RELIANCELong
by AfnanTAjuddin
2
"Tomorrow’s Nifty 50 Secret: Trade with 90% Accurate Breakout LeFor tomorrow's Nifty 50 trading based on the chart: The orange levels on your chart (24,948.20 and 25,064.80) are key pivot levels where high-probability trades can be taken. If the market opens below 24,948.20, this level acts as a resistance zone, signaling potential for a selling opportunity as the market may face downward pressure. If the market opens above 25,064.80, it becomes a support zone, signaling a buying opportunity as the market might continue upward momentum. Use the 5-minute timeframe to closely track the price movement. Entry strategy: Buy trade: If Nifty breaks above 25,064.80 and holds, enter a long position for a breakout. This becomes a strong support level if the market opens above it. Sell trade: If Nifty breaks below 24,948.20 and sustains, enter a short position. This becomes a solid resistance level if the market opens below it. These levels are 90% accurate, and the plan is to wait for a clear breakout beyond these orange lines before entering a position. Key takeaway: The direction of the opening will decide whether these levels act as buying or selling zones, making them crucial for your trade setups.
NSE:NIFTY
by XTrap_000
Benaras Hotel Stock on Breakout with Huge volume SpikeHello Everyone, i hope you all will be doing good in your Trading and in your life as well. Today i have brought a stock which has given breakout of Bullish Triangle pattern with huge volume spike. Stock name is Benares Hotels and it was incorporated in the year 1971. It is promoted by Taj Investment and Finance Company, All India Kashiraj Trust, M K Krishna Priya, The Indian Hotels Company, Piem Hotels, Anant Narain Singh, M K Vishnupriya and M K Hari Priya. Valuation Ratios P/E 32.10 P/B 8.33 P/S 9.09 EV/EBITDA 20.38 Solvency Ratios D/E 0.0 D/A Interest Coverage 128.99 Current Ratio 4.48 Growth Ratios Sales Growth 29.19 % EBITDA Growth 44.36 % Profit Growth 54.16 % EPS Growth 54.16 % Profitability Ratios ROE 30.97 % ROCE 41.64 % ROA 26.08 % PEG 0.96 Efficiency Ratios OPM 42.41 % NPM 29.90% Dividend Yield 0.28 % Free Cash Flow Yield 2.82 % Per Share Ratios EPS 277.25 Dividend/Share 25.00 CF/Share 311.91 FCF/Share 244.96 Cash Conversion Cycle Receivable Days 14.18 Inventory Days 3.90 Payable Days 216.48 Cash Conversion Days -198.40 DuPont Analysis NPM 29.90 % Asset Turnover 0.87 Financial Leverage 1.19 ROE 30.97 % Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
BSE:BENARASLong
by TraderRahulPal
7
Nifty weekly expiry analysis for 10/10/2024Market has given a nice movement and for two days it remained in a range but is volatile. There are chance of market either follow the bearish trend or form a 'W' pattern. Nifty has closed around crucial levels from where it can either reverse the trend or continue falling. Major support level :- 24760, 24600 Resistance level :- 25210, 25480 The weekly expiry can show a trending move after a break out or break down. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
Short Term Trading idea in Dr. Lal Pathlabs, 17% upside possibleHello everyone, i hope you all will be doing good in your life and your trading as well. Today i have just brought a short term idea in Lab stocks. Stock name is Dr. Lal Pathlabs Ltd. and it is one of India’s leading consumer healthcare brand in diagnostic services. It has an integrated nationwide network, where patients and healthcare providers are offered a broad range of diagnostic and related healthcare tests and services for use in: core testing, patient diagnosis and the prevention, monitoring and treatment of disease and other health conditions. The services of DLPL are aimed at individual patients, hospitals and other healthcare providers and corporates. Stock has given near term consolidation breakout on daily and weekly time frame. Stock can travel towards all time high levels from here, I have already mention all the levels like stop loss and Targets. Stock is really good for long term investing as well. But for now i have just added kind of short term Idea. Please follow the levels. Market Cap ₹ 29,198 Cr. Current Price ₹ 3,494 High / Low ₹ 3,525 / 1,943 Stock P/E 76.5 Book Value ₹ 222 Dividend Yield 0.69 % ROCE 25.2 % ROE 20.4 % Face Value ₹ 10.0 Industry PE 53.6 Debt ₹ 247 Cr. EPS ₹ 45.7 Promoter holding 54.6 % Intrinsic Value ₹ 743 Pledged percentage 0.00 % EVEBITDA 40.4 Change in Prom Hold 0.00 % Profit Var 5Yrs 12.4 % Sales growth 5Years 13.1 % Return over 5years 20.9 % Debt to equity 0.13 Net profit ₹ 386 Cr. ROE 5Yr 21.3 % Profit growth 44.6 % Earnings yield 1.97 % PEG Ratio 6.15 Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:LALPATHLABLong
by TraderRahulPal
1
Chambal Fertilizers & Chemicals LimitedBuy above 550 All important points are marked. 𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
NSE:CHAMBLFERTLong
by sreekumars