Get started

Nifty50

Nifty’s Eight-Day Slump: Is a Reversal Brewing at 22,800?● Last week proved to be a challenging period for the Nifty, as the index experienced a sharp decline of over 2.5%, extending its losing streak to eight consecutive trading sessions. ● A key support level to watch is at 22,800, which could act as a crucial floor for the index. ● This level gains further significance as Open Interest (OI) data reveals a substantial buildup of put writers at the 22,800 strike price, reinforcing the potential support zone. ● Market participants will closely monitor whether the index manages to hold above this level or breaches it in the coming sessions. ● Adding to the intrigue, a bullish RSI divergence has emerged, hinting at the possibility of a trend reversal in the near term.
NSE:NIFTY
by GoodluckCapital
Crisil Ltd.CRISIL Ltd. (NSE: CRISIL) is currently exhibiting a **Neutral** technical outlook, as indicated by various technical analysis indicators. **Technical Indicators:** - **Relative Strength Index (RSI):** The 14-day RSI stands at 38.43, suggesting a neutral market sentiment. citeturn0search3 - **Moving Averages:** The stock is trading below its 5-day, 10-day, 20-day, and 50-day simple and exponential moving averages, indicating a bearish trend. citeturn0search3 - **MACD (Moving Average Convergence Divergence):** The MACD value is -124.85, which is below the signal line, suggesting a bearish momentum. citeturn0search3 - **Stochastic Oscillator:** The Stochastic Oscillator is at 38.63, indicating a neutral market condition. citeturn0search3 **Support and Resistance Levels:** - **Support:** The stock has support at ₹4,996.55. citeturn0search3 - **Resistance:** The resistance level is at ₹5,455.40. citeturn0search3 **Conclusion:** CRISIL Ltd. is currently in a neutral technical position, with indicators suggesting neither strong bullish nor bearish momentum. Investors should monitor these indicators closely, as a breakout above resistance levels could signal a bullish trend, while a drop below support levels might indicate a bearish move. It's advisable to consider these technical factors alongside fundamental analysis and broader market conditions when making investment decisions.
NSE:CRISILLong
by SkyTradingZone
What is option chain pcr ?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. The Put Call Ratio (PCR) is a popular metric traders use to gauge market sentiment. It is calculated by dividing the number of put options by the number of call options. A high PCR indicates a bearish sentiment, as more traders buy puts, expecting the market to decline An options chain displays all available option contracts for a security, organized by expiration date and strike price. Options chains typically show each contract's bid price, ask price, volume, open interest, and implied volatility.
NSE:BHARTIARTLEducation
by Optionclub
What is rsi ? how to use it ?The relative strength index (RSI) is an indicator used in technical analysis to determine overbought and oversold conditions, which provides traders with buy and sell signals (when to enter and exit positions). Values above 70 indicate overbought conditions and those below 30 indicate oversold conditions. To use the RSI indicator, check if the value is above 70 to show an asset is overbought, or below 30 to show it is oversold. Traders can use these signals to find possible trading opportunities. Successful trades often occur when the RSI crosses above 30 (indicating a buy signal) or below 70 (indicating a sell signal). Adjusting the RSI period to 9 can make it more sensitive to price changes and be suitable for more active trading strategies.
NSE:TATAMOTORSEducation
by Optionclub
NIFTY analysis based on Elliott Wave theoryNIFTY is looking like in wave (Z). Now, wave (Z) is always in 3 moves (ABC). If we take a look in 75 min chart of NIFTY, we may see wave (a) of wave (Z) finished on 12 Feb. The price is in wave B of wave (b) now. It looks like Zig-zag pattern is forming and it is observed most of the times that, Wave B of Zig-zag takes at least equal time of wave A. So we may assume that, wave (b) of Zig-zag will finish at least by 19 Feb near 50% to 61.8% And then we may expect a fall to form wave (c) of Zig-zag. This analysis is based on Elliott Wave theory and Fibonacci. This analysis is for educational purpose only.
NSE:NIFTY
by theprofityogi
20
Triveni Turbine Ltd.#TRITURBINE SHOWING STRENGTH, JACKPOT CANDIDATE TARGET - 720 ENTRY - 580 STOP LOSS - 550 TIME FRAME - MONTHLY TECHNICALS - BULLISH Ahead of the quarterly earnings for the December 2024 period, brokerage Motilal Oswal is bullish on the stock with a price target of Rs 830. "Despite weakness in domestic markets, Triveni Turbine posted healthy growth in revenue, profitability and order inflows in FY24 Triveni Turbine is forecast to grow earnings and revenue by 19% and 18.9% per annum respectively. EPS is expected to grow by 20.4% per annum. Return on equity is forecast to be 27.3% in 3 years. THIS IS NOT ANY FINANCIAL ADVISE
NSE:TRITURBINELong
by SkyTradingZone
What is adx and how to use it ?The ADX indicator is designed to quantify the strength of a trend, regardless of its direction. It does this by measuring the degree of price movement within a given period. The ADX values range from 0 to 100. The traditional setting for the ADX indicator is 14 time periods, but analysts have commonly used the ADX with settings as low as 7 or as high as 30. Lower settings will make the average directional index respond more quickly to price movement but tend to generate more false signals. ADX below 20: The market is currently not trending. ADX crosses above 20: A new trend is emerging. ADX between 20 and 40: This is considered as a confirmation of an emerging trend. ADX above 40: The trend is very strong. ADX crosses 50: the trend is extremely strong.
Education
by SkyTradingZone
What are the most important things to remember while trading ?It 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. Stop loss Plan the trade Trading strategy Control your trading capital Correlated stocks Discipline Risk management Arrange sufficient capital Determine market conditions Learn trading discipline Market risk Patience Profits occur sporadically Start small Study the markets Understand securities Avoid overtrading Avoid penny stocks Broker requirements Consider rebalancing portfolio occasionally Consider your risk tolerance Cut losses with limit orders Diversification Do not average your trades
NSE:BANKNIFTYEducation
by SkyTradingZone
Nifty about to TRAP longs... Bullish? Think AGAIN!Hello traders! I'm looking at equal lows/sellside as the draw. My narrative is that we would take out any longs remaining with BUYSIDE at 23144.70 . If we gap up above buyside, which is what I expect, it would be an easy day for shorts. If we gap down, we may see a rush up to buyside and then take the move forward to SELLSIDE at 22786.90 . But whatever the gap scenario is, my draw remains towards 22786.90... GLGT! Not financial advice.
NSE:NIFTYShort
by SatyajeetPSahai
1
ONGC : Is oil Going to burn? Technical View Box trading strategy in which you identify a stock consolidating for couple of days and trade in the direction of the breakout. In case of ONGC the stock was consolidating for about three days before breaking out earlier today. PRO TIP Use the High of the candle as your stop loss and trail it to either protect profits or hold your trade for longer duration. Target 227 Intra-day Target Fundamentals Weak Q3FY25 Results: ONGC's consolidated net profit attributable to owners declined by 19.4% to ₹8,621.69 crore in Q3 FY25, compared to ₹10,703.13 crore in the same period last year. This drop was attributed to lower global crude prices. The company reported a 6.9% decrease in net profit for the quarter, standing at ₹9,784 crore, down from ₹10,511 crore in the same period last year. ONGC's gross revenue also showed a slight decline of 0.7%, falling to ₹1.66 trillion in Q3 FY25, compared to ₹1.67 trillion in Q3 FY241. The company's revenue from operations also saw a decline, reaching ₹166,096.68 crore. Bearish Trend: The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which indicates a bearish trend in its short to long-term performance. Brokerage Views: CLSA has cut its FY25 EPS estimate by 5% due to cautious outlooks on the company's production and profitability Not an investment advice
NSE:ONGCShort
by REUBEN_EUSTACE
2
What is option trading and how it can be done profitably ?Options traders can profit by being option buyers or option writers. Options allow for potential profit during volatile times, regardless of which direction the market is moving. This is possible because you can use an options trading platform to trade in anticipation of market appreciation or depreciation Also called the 1-3-2 butterfly spread, it is a common variation if the butterfly spread involving buying one option at a lower strike, selling three at a middle strike, and buying two at a higher strike. This advanced options trading strategy offers more flexibility. If you think the stock price will stay stable: sell a call option or sell a put option. If you think the stock price will go down: buy a put option, sell a call option. Frederick says to think of options like an insurance policy: You don't get car insurance hoping that you crash your car.
BITSTAMP:BTCUSDEducation
by Optionclub
What is the use of ADX in trading and why it is important ?The ADX quantifies trend strength by measuring directional movement over a given time frame. It provides traders with specific numbers (from 0 to 100) that represent strong or weak price trends. Traders can simply refer to the numbers to quickly assess the strength of a trend. The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy. The ADX Indicator actually works best when combined with other technical indicators. One of the best combinations is with the Relative Strength Index, or RSI. Because the ADX measures the intensity of the trend the RSI can help with entries and exits by giving a time based component to the trend
BITSTAMP:BTCUSDEducation
by Optionclub
inr/usd forex trading analysis The 2024 USD to INR price prediction towards an all-time high of 85.608, and a closing rate of 85.543. The 2025 USD to INR forecast is showing a potential maximum rate of 89.138 and a closing rate of 489.066. Each pair has two currencies. One is the base currency, which is one unit and the other is quotation currency. Base/quotation is the value of the quotation currency, i.e., in the case of USD INR trading, USD is the base while INR is quotation and the value of one USD Is 75.76 INR. Conversely, investing in USD-denominated assets may provide some protection against currency depreciation risks, although exchange rate fluctuations can still impact investment returns,” says Krishna. The Indian currency has lost five to six per cent annually against the USD as per data from the last 30 years.
Education
by Optionclub