LONG ENTRY STRATEGY IN R POWERLong entry buildup in R power. All Important level marked. Entry only based on price action, wait for exact breakout level. And slowly build your position. Happy trading guys.
Community ideas
Nifty & Bank Nifty - How to trade on the Budget day?Level based trading usually doesn't work on major event days. Then what should our approach to trade the indices tomorrow?
I have tried to put my thought around this in the video. Please watch.
Feb 1st- Levels for NiftyBudget day volatility , check out the VIX tomorrow ,
Higher VIX (2021, 2022): Elevated VIX levels indicated higher volatility, but the market still rallied in 2021 and 2022 due to growth-oriented budgets.
Moderate VIX (2023, 2024): VIX levels were moderate, reflecting cautious sentiment. The market was flat to slightly negative in both years.
Low VIX (2020): Despite a relatively low VIX, the market fell sharply as the budget disappointed investors.
Bitcoin Bybit chart analysis january 31
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is Bitcoin's 30-minute chart.
There will be two Nasdaq indicators released at 10:30 in a little while.
There is a gap section at the top and bottom of Nasdaq,
so it seems likely that it will shake once.
Bitcoin has MACD dead cross pressure on the 4-hour chart.
I created today's strategy by comparing it to Tether Dominance.
*When the blue finger moves,
Bidirectional neutral
Short->Long switching, or long position waiting strategy
1. $104,641.5 short position entry section / Orange resistance line breakout, stop loss price
2. $103,12 long position switching / Green support line breakout, stop loss price
(If it comes down right away, 104.6K is the long position waiting section, same stop loss price)
3. $106,943 long position 1st target -> Target price in order
To ignore the 4-hour chart MACD dead cross,
The condition is that it touches the 1st section or more, the 4-hour chart resistance line of the Bollinger Band.
If not,
It should be imprinted while moving sideways until 9, 1, and 5 o'clock when the 4-hour candle is created,
and I created a strategy based on that.
The first section at the top is a sideways section / the blue support line at the bottom is
an upward trend line from a mid-term perspective.
If the green support line breaks,
you should be careful because it can go down to Bottom -> 2 at once.
I'm not in good condition today,
so I'll finish here and go in.
Please use my analysis so far as a reference and only
I hope you operate safely with principle trading and stop loss prices.
Thank you.
A Clear Wolfie Structure in nifty which is ticking all the boxesTitle: Wolfe Wave in Nifty: A Bullish Breakout Targeting 23,300
Introduction
The Indian stock market has been showing strong momentum, and technical traders are keeping a close eye on Nifty’s price action. A bullish Wolfe Wave pattern appears to be forming, pointing towards an upside target of 23,300. This article will break down the structure of the pattern, key levels to watch, and how traders can position themselves for potential gains.
What is a Wolfe Wave?
A Wolfe Wave is a natural reversal pattern found in financial markets, signaling an upcoming price move. It consists of five waves, forming a contracting wedge, with the final breakout aligning with the extended 1-4 trendline, also known as the profit target line.
In the case of Nifty, a bullish Wolfe Wave seems to be developing, indicating a possible rally toward the projected target of 23,300.
Key Levels & Pattern Breakdown
1. Wave 1-2: The initial impulse wave, establishing the first trend.
2. Wave 2-3: A corrective move against the first wave.
3. Wave 3-4: A strong move in the direction of the initial trend.
4. Wave 4-5: The final corrective wave, typically touching or slightly breaking the 1-3 trendline before reversing.
5. Breakout & Target: The price moves sharply towards the 1-4 trendline, which acts as the profit target.
Current Nifty Setup
• Support Zone: The recent low around 22,600
• Breakout Level: Nifty needs to break above 22,900 decisively
• Target Price: The extended 1-4 trendline suggests an upside move to 23,300
• Stop-Loss: Below the previous swing low (22,500) to manage risk
Confirmation Signals
For a strong breakout, traders should look for:
✅ Volume Surge: A breakout with rising volume adds credibility.
✅ RSI above 50: Bullish momentum confirmation.
✅ MACD Crossover: A positive crossover supports the uptrend.
✅ Global Market Sentiment: A supportive macro environment can fuel the rally.
Conclusion
If the bullish Wolfe Wave pattern plays out as expected, Nifty could rally toward 23,300 in the coming sessions. However, traders should remain cautious of external market factors, such as global events and economic data, which could influence price action. Managing risk with proper stop-loss levels is crucial for maximizing gains while protecting capital.
Would love to hear your thoughts—do you see the same setup? Drop a comment below!
Database TradingYou can get started trading options by opening an account, choosing to buy or sell puts or calls, and choosing an appropriate strike price and timeframe. Generally speaking, call buyers and put sellers profit when the underlying stock rises in value. Put buyers and call sellers profit when it falls.
Charles Dow occupies a huge place in the history of finance. He founded The Wall Street Journal – the benchmark by which all financial papers are measured – and, more importantly for our purpose, he created the Dow Jones Industrial Index. In doing so, Dow opened the door to technical analysis.
RSI Divergence Low RSI levels, typically below 30 (red line), indicate oversold conditions—generating a potential buy signal. Conversely, high RSI levels, typically above 70 (green line), indicate overbought conditions—generating a potential sell signal.
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.
Advanced Trading with StepsIf a person trades for excitement or social proofing reasons, rather than in a methodical way, they are likely trading in a gambling style. If a person trades only to win, they are likely gambling. Traders with a "must-win" attitude will often fail to recognize a losing trade and exit their positions.
Swing trading is a popular trading strategy designed to take advantage of price movements or 'swings' in the markets. Swing traders look to buy or sell an asset before its value makes its next substantial move, before closing their position for a profit.
Technical AnalysisTechnical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
Technical analysis is a strategy for predicting movement in the stock market, or other securities markets, that relies on information from short periods of time. For this reason, day traders or other short-term traders often use technical analysis.
Trading RoadmapOptions are highly sensitive to market volatility. Significant price swings can lead to substantial gains or losses. A trader might buy a put option expecting a stock to drop. If the stock instead surges in price due to unforeseen events, the value of the put option plummets.
Market Volatility: The futures and options markets are known for their high volatility, meaning prices can change rapidly and unpredictably. If you happen to be on the wrong side of one of these price swings, you can lose a tremendous amount of money in a very short amount of time.
MACD Divergence 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.
The indicator is calculated by subtracting a 26-period Exponential Moving Average from the 12-period moving average. There is also a histogram available on the indicator which can also be used as a divergence indicator. As a result, you will then see the MACD line, which shows as an indicator below the price chart.
swing1. Price Action
The candlesticks show daily price movements:
Green Candles: Indicate the price closed higher than it opened (bullish).
Red Candles: Indicate the price closed lower than it opened (bearish).
2. Downward Trendline
A black diagonal line is drawn connecting the lower highs from previous price action.
This indicates a downward trend or resistance level where the stock was unable to break above previously.
3. Recent Breakout
The most recent candlestick has broken above the trendline, closing at ₹792.60, a +5.59% gain.
This breakout suggests that the downward trend might be reversing, and buyers are gaining control.
4. Support and Resistance
Resistance: The trendline acted as a resistance level. Breaking above it may lead to further upside momentum.
Support: Previous lows (around ₹680–₹700) act as strong support.
5. Implication
A breakout above a trendline often signals the beginning of a bullish trend, especially if followed by strong volume and further price action.
Traders might watch for confirmation (price sustaining above the trendline) to enter long positions.
Key Points to Monitor
Look for the stock to maintain above ₹790–₹800.
Watch volume levels to confirm the strength of the breakout.
Immediate resistance levels could be around ₹820–₹850 based on prior highs.
Option Trading Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
Advanced Swing TradingThe 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.
However, no PCR can be considered ideal, but usually, a PCR below 0.7 is typically viewed as a strong bullish sentiment while a PCR more than 1 is usually considered as a strong bearish sentiment.
Nifty gets clear breakout in descending triangle patternNifty go long position with clear stop loss. Nifty cleard breakout descending triangle with huge volumes
Budget Day Analysis - NiftyHi guys, price is at important bullish zone as of now. It has taken support and broke the trend line resistance. Also price has formed a strong bull candle. So what will happen tomorrow?
Now trend deciding zone is 23500. Sustaining this zone is important to be bullish.
Lower time frame shows, price has sustained above the channel resistance.
Please note price will be volatile during budget. If you have less experience, just watch instead of trading.
Buy above 23520 with the stop loss of 23480 for the targets 23560, 23600, 23660, 23720 and 23760. Sell below 23400 with the stop loss of 23440 for the targets 23360, 23320, 23280 and 23240.
Always do your own analysis before taking any trade.
Colorful dots... what are they? Mood phase indicator in TradingView. Check it. 😀
INVERTED H&S PATTERN ON LTFclearly visible on daily charts, inverted head & shoulder pattern, a breakout is visible , If sustained can give great upmove to the targets , also fundamentaly a RATE CUT by RBI will be positive for NBFCs. postional BUY in FEB futures of LTF.
BankNifty levels - Feb 01, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
Paul Tudor Jones: From Failure to Billionaire TraderHello everyone, I hope you all are doing great in life and in your trading journey. Today, I have brought another educational post, this time on Paul Tudor Jones—a legendary trader known for his exceptional risk management, market predictions, and macro trading strategies. His ability to anticipate market cycles and protect capital has made him one of the greatest traders in history. Let’s dive into his key trading principles and learn how to apply them in our own trading and investing to achieve long-term success!
Paul Tudor Jones is a legendary hedge fund manager known for predicting the 1987 Black Monday crash and making a 200% return while others lost billions. But his journey wasn’t easy.
After graduating, he got a job as a floor trader, but he was fired for falling asleep on the job! Instead of giving up, he worked tirelessly, learning from his mistakes. In 1980, he started his hedge fund, Tudor Investment Corp, and focused on risk management, macro trends, and discipline.
His breakthrough came when he predicted the 1987 market crash using historical data and shorted the market at the perfect time, securing one of the biggest trading wins in history. His journey proves that persistence, adaptability, and risk control are the keys to trading success.
Paul Tudor Jones' Trading Rules for Success
Risk Management is Everything: Always protect your capital first. Jones emphasizes that good traders play great defense, not just offense.
Cut Losses Quickly: Never hold onto a losing trade hoping it will turn around. Jones believes in taking small losses early to avoid major damage.
Ride the Winners: Let profitable trades run while keeping a trailing stop-loss. This helps maximize gains while minimizing risks.
Anticipate Market Crashes: In 1987, he predicted Black Monday and made a 200% return by shorting the market. He believes in preparing for extreme market events.
Focus on Macro Trends: Jones follows economic cycles, interest rates, and global events to understand market movements.
Have a Trading Plan: Every trade should be backed by analysis, a strategy, and a risk-management plan. Don’t trade based on emotions.
Be Adaptable: Markets evolve, and so should traders. Jones always adjusts his strategies based on new data and changing trends.
What This Means for Traders:
By applying Paul Tudor Jones’ principles, you can develop a disciplined and flexible trading strategy that focuses on risk management and long-term success.
Outcome:
These lessons will help traders protect capital, identify big opportunities, and manage market cycles effectively—just like Paul Tudor Jones.
Nifty levels - Feb 01, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Airtel Bharti Technical showing Bullish trendline.Bharti airtel is showing some amazing charts for bullish trendlines and breakouts. It can reach to 25% upside.
