PCR TradingThe Put Call Ratio (PCR) is a tool in the stock market to understand how investors feel about a stock or the market's future. It compares the number of put options to call options traded. More puts traded mean investors expect prices to fall (bearish). More calls traded mean investors expect prices to rise (bullish).
A PCR above 1 indicates that the put volume has exceeded the call volume. It indicates an increase in the bearish sentiment. A PCR below 1 indicates that the call volume exceeds the put volume. It signifies a bullish market ahead.
Nifty50
How can we trade NIFTY for coming week? Have a look at this.Nifty has formed a Descending Channel and given a good breakout. People usually have Buy setup after breakout but in this scenario we have a LH on 4hrs Time frame that needs to be broken for any Bullish bias. Nifty is still bearish. For upcoming days , our plan of action would be PATIENCE.
We would like to wait for a good MSS and retracement and then we will plan for any Buy setup. Waiting would be a good option because we are approaching weekend.
If not then, we do have a Bearish setup where we can target the downside Higher time frame liquidity.
Trade safe and responsibly. This is for educational purpose only.
Marico | Bullish SetupMarico chances of moving 5% in coming days.
Back to back green candle
Increasing volume
Strong RSI
Sustain Above 650 might give 3-5% returns in 2-3 days.
Disclaimer: This post is for educational purpose. No trade/ buy/ sell signal is suggested or advised. Do your own analysis before buying or selling any stock/options.
Nifty View Hourly | Next movesNifty 50 as we expected rotated between 24000-24500. Today it went to 24000.
Case 1: abc of B in progress and b completed near demand zone. As shown in red. Now reversal of c can come.
Reversal candles with RSI signals can confirm.
Case 2: abc of B completed already at a and Now C in progress. As shown in blue lines B to C.
Below 23900 can confirm further drop towards 23500 and maybe to 22900.
Disclaimer: Not a buy, sell recommendation. Only for educational/ entertainment purpose.
NIFTY50: INSTITUTIONAL LEVELS FOR 28/11/2024Overview
This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets.
Key Strategy Guidelines
Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning.
Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions.
ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk.
System Explanation
This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach.
How It Works: Entry/Exit Signals
Blue Line : Signals potential long entry.
Red Line : Indicates potential short entry.
Tip : Align these signals with additional confirmations from your trading strategy for optimal performance.
Stop Loss and Take Profit Levels
Stop Loss:
Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line.
Short Trades : Use the blue line above as the stop loss.
Take Profit:
Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit.
Short Entries :Target the next blue line below following similar guidelines.
Timeframe Recommendation
This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision.
Risk Disclaimer
Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance.
Join the Community Discussion
Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders.
Original Content
This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
Nifty Hourly View | Nov ExpiryNifty seems to be in corrective wave abc of B.
Price action making a complex structure. Price might oscillate between 24500-24000 supply and demand zone as shown in chart.
Directional move possible only above or below zones shown.
More price action can confirm the move. For intraday setup, shown a 15 min chart image.
Tata Motors breakout from parallel channel looking goodTata motors breakout from parallel channel
and also nifty50 looking good now i think from now short covering is coming
to near upside levels marked on chart
breakout and sustaining out side of channel
anybody can clearly see the break off structure in 15 Min chart
but be cautious with strict SL
:- do your own research before investing and this is not a buy/sell call
am not a sebi registered
Nifty 50 Index (hourly timeframe), with key levels
This chart appears to be a technical analysis of the Nifty 50 Index (hourly timeframe), with key levels and annotations for potential market behavior. Below is the analysis:
### Key Observations:
1. **Resistance Level (R)**:
- Marked at **24,499.40**, indicating a level where bullish momentum may face resistance.
- The note suggests "Bull activity may occur after the level is crossed," implying a potential breakout scenario.
2. **Support Levels**:
- **S**: **23,907.00** - Identified as "Strong support," indicating a key level where buyers may step in.
- **S1**: **23,335.40** - Labeled as the "Strongest support," providing significant backing for the price.
- Additional supports (**S2, S3, S4**) at lower levels (**23,023.40**, **22,766.10**, and **22,484.45**, respectively) suggest a deeper retracement path if selling pressure persists.
3. **Bearish Zone**:
- The area near **24,277.35** is noted with "Bear activity may occur if the zone is breached." This implies a potential downside risk if the price drops below this level.
4. **Current Trend**:
- The price is hovering near **24,277.35**, just below the resistance zone, suggesting consolidation or indecision in the market.
- The RSI (Relative Strength Index) is at **65.63**, indicating bullish momentum but nearing overbought levels.
5. **Price Action**:
- The chart shows prior rejection from the resistance zone and a subsequent recovery from the strong support levels.
### Potential Scenarios:
1. **Bullish Scenario**:
- If the price breaks and sustains above **24,499.40**, a rally could follow, possibly testing higher levels.
- RSI crossing into overbought territory could signal strong momentum but also caution for potential reversals.
2. **Bearish Scenario**:
- If the price fails to hold above **24,277.35** or breaches **23,907.00**, a retest of lower support levels (**S1, S2**) could occur.
- A bearish RSI divergence may support this outcome.
3. **Neutral/Consolidation**:
- The price might consolidate between **24,499.40** and **23,907.00**, waiting for a decisive breakout or breakdown.
### Conclusion:
The market is at a critical juncture. Traders should monitor key levels for confirmation of direction. Tight stop-losses are advisable near the marked resistance and support zones to manage risk effectively.
NIFTY Intraday Trade Setup For 28 Nov 2024NIFTY Intraday Trade Setup For 28 Nov 2024
Bullish-Above 24360
Invalid-Below 24310
T- 24632
Bearish-Below 24120
Invalid-Above 24170
T- 23848
NIFTY has closed on a slight positive note with 0.33% gain today. Since last 3 sessions index has been trading sideways between 24350 and 24120. In daily TF index is consolidating just below 50 EMA. On breakout of 50 EMA in daily TF overall bullish sentiment will be triggered across sectors. 24360 and 24120 are intraday levels for tomorrow.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 24360 then we will long for the target of 24632.
For selling we need a 15 Min candle closes below 24120. T- 23848.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Technical analysisThe MACD indicator (or oscillator) is one of the best indicators for identifying trends and reversals in the financial markets. The MACD strategy in its most basic form involves using the crossing of the smoothed out signal line over the MACD line as your entry or exit point for a trade.
The best MACD setting for day trading often uses a faster configuration, such as 3-10-16, to capture quick price movements. While the default 12-26-9 is popular, shorter settings can improve sensitivity to intraday trends. Optimal settings vary by strategy and asset volatility.
MACD TradingMoving 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 signal line is a nine-period EMA of the MACD line.
A common strategy is to buy when the MACD line crosses above the signal line, as this indicates bullish momentum. Another strategy is to sell when it crosses below (which indicates bearish momentum).
Top Trader SetupThe 3 5 7 rule is a risk management strategy in trading that emphasizes limiting risk on each individual trade to 3% of the trading capital, keeping overall exposure to 5% across all trades, and ensuring that winning trades yield at least 7% more profit than losing trades.
What is a good setup for day trading? A good day trading setup includes a powerful computer or laptop, high-resolution monitor or monitors, ergonomic desk and chair, reliable charting software, high-speed internet connection, and access to real-time news feeds and stock scanners.
NIFTY 50 November Closing 23786?Nifty 50 took support near .618 fib retracement levels on Daily TF which is astride 200 DEMA (23555). An Overhead Supply Zone has formed below the 0.382 fib retracement level (24567).
The pattern formation suggests November monthly closing in the Pivot Zone of 23786 to 24053.
Nifty View 25 Nov. Nifty has crossed 24700 and now temporarily bullish and in pullback.
Pullback is expected to go till 24200 in one leg then after slight reversal we can expected a bullish run of 500-1000 points.
Tomorrow bullish setup is given in green box of chart. Above 24080 we should touch 24200+
Bearish only below 24700 for 24500.
Disclaimer: The information disclosed here is for entertainment purposes only; it does not constitute investment advice. It cannot replace professional investment advice.
MACDIf MACD is above the signal line, the histogram will be above the MACD's baseline or zero line. If MACD is below its signal line, the histogram will be below the MACD's baseline. Traders use the MACD's histogram to identify peaks of bullish or bearish momentum, and to generate overbought/oversold trade signals.
The difference between the two lines is represented on the histogram. If the MACD were to be trading above the zero line, it would confirm an uptrend, below this and the indicator would be used to confirm a downtrend.
Data Trading in optionsOptions data captures information on options contracts, including pricing and trading volumes, useful for investment strategies. Discover our guide and top options data providers.
By analysing the information provided in the option chain, traders can identify potential trading opportunities and make informed decisions about buying or selling options contracts. Option chains are used by traders to analyse and evaluate the market's expectations of an asset's future price movements.
Option chainAn 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 (IV).
Option chains also allows traders with the option to select the best expiration date for their options trading. The option's expiration date is the day it will stop being tradeable. Traders may use the option chain to identify the expiry date that provides the optimal balance of risk and return for their transaction.