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Gann Square of 9 Illustration This is a basic snapshot of illustration on how the levels of Gann Square of 9 works. Specially how the sell entry and buy entry acts like SAR (stop and reverse for buy and sell entries. After confirming that the price stood at 19831, we input this value into our calculator and initiated the calculation. Buy above: 19845.76 Stoploss: 19810.56 Target 1 Target 2 Target 3 Target 4 19871.05 19906.3 19941.58 19976.89 Sell below: 19810.56 Stoploss: 19845.76 Target 1 Target 2 Target 3 Target 4 19785.28 19750.13 19715 19679.9 Support 1 Support 2 Support 3 Support 4 Support 5 19810.56 19775.39 19740.25 19705.14 19670.06 Resistance 1 Resistance 2 Resistance 3 Resistance 4 Resistance 5 19845.76 19881 19916.26 19951.56 19986.89
NSE:NIFTY1!Education
by Amit_Ghosh
Mastering the Double Bottom Chart PatternA double bottom, combined with RSI divergence, can be a powerful signal for a trend reversal. What's a Double Bottom ? It's when a stock's price forms two distinct lows on a chart. The pattern is confirmed when prices rise above the peak between those two lows. Why Does It Matter? The double bottom marks the end of a downtrend and the start of an uptrend. It's one of the most common patterns, but it needs careful analysis. Adding RSI Divergence: RSI measures a stock's strength and momentum. Look for RSI to form higher lows while the price forms lower lows. This is RSI divergence and a strong bullish signal. Key Points to Remember Downtrend First: The pattern begins in a downtrend. Time Gap: The longer the time between the two lows, the stronger the reversal signal. Price Increase: Look for a significant price increase between the two lows (around 10-20%). Volume Matters: Usually, volume is higher during the first low and increases as the pattern confirms. Breakout Confirmation: Don't act until prices break above the confirmation point. Pullback After Breakout: Expect a pullback after the breakout; it's normal. Trading the Double Bottom with RSI Divergence: Calculate a target price by adding the pattern's height to the breakout point. Confirm the pattern only after prices break through the confirmation point. Be patient; not all patterns are double bottoms. Watch for volume during the pattern's development. Pay attention to RSI divergence for added confirmation. Remember: Wait for confirmation, and don't rush into trades based solely on patterns. It's wise to use multiple indicators, including RSI, and keep an eye on market conditions. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
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NSE:DALBHARATEducation
by RK_Chaarts
16
Two side income from stock marketWe all are here in Stock market to earn. And many of us think that there is a limit to earn. It is true but. We required to think about new ideas and new strategies . We should be calculative while we investing in stock market. Why I am telling this? New idea means!! Many peoples investing in stock market only on tips or on advise of there peoples. these people can be their colleagues / friends / relatives / influencer. Whenever you are going to invest your money in any stock, think about how to earn maximum profit with your capital. Get new idea to increase your returns. (I'm advising a new idea later in this post) Calculative What is calculative term? I mean to say. You should have levels of the stock. ie. Before enter in stock you should have your Targets in Stop-Loss in mind. And you should also stick on that levels. Topic Two side income from stock market Two side income means. Invest in stocks which have high dividend yield. Reason - When there is volatility in the market, high dividend stocks can protect your portfolio. Due to high dividend yield, they can balance the risk if fall in stock. Divided stocks have potential for value appreciation. in this way you can bring double benefits in the long run. Now you can understand it with this example. You buy 1,000 Qty and Invest Rs.2,50,000/- (250/- per share) If you get 20% return in one year. Return on Investment : Rs.50,000/- Additionally: Dividend Rs.9/- per share (Dividend Return: Rs.2,250/-) Your Total Profit in one year 50,000/- + 2,250/- = 52,250/- Here I'm mentioning some high dividend yield stocks (majorly PSU, I'm referring) :- Coal India 10.5% SAIL 9.6% ONGC 6.5% NMDC 5.4% PFC 5.1%
NSE:RTNPOWEREducation
by rohitnama3
2
Nifty Index is a terrible investment during most market cyclesI explored a few stats that made me re think whether it made any sense to buy nifty futures, options. Here were a few (well shocking for me) statistics CNX 500 has outperformed Nifty on an absolute basis for long periods of time Bank Nifty has performed even worse than the Nifty - buying that is a losing game Why? I dont know - maybe diversification , low representation of new age stocks, too much commodity / cyclical exposure Nifty does great during bear cycles - fairly evident why - mutual fund managers like to smash it, buying puts, shorting futures to hedge their exposure Bottom Line - Am only going to be looking at Nifty and bank nifty as hedging instruments unless proven otherwise. I do hope we have a CNX 500 Index coming soon. Till then - buy strong stocks, growth names - and use the indices to hedge like the fund managers
NSE:NIFTYEducation
by kunal_finner
1
Easy way to spot change in characterIn this post, i discuss a simple way of when to start paying attention to a particular sector or a stock, with the example of IT sector 1) At point 1, as nifty is forming a bottom, IT is attempting to form a bottom as well, moving along with the index 2) As nifty continues to move higher, it forms a higher low at point 2, whereas IT has a big gap down and forms a lower low, clear underperformance. 3) at around point 3, this is the first time IT attempts to outperform the markets, printing a clear wide range candle, still underperforming overall. start paying closer attention once this happens 4) at point 4, nifty peaks and corrects, and IT falls along with the index, right from its previous resistance zones. 5) IT was a laggard, and continues to fall with the index, but after swing low, bounce back is of more magnitude, wide range candles are starting to form 6) point 6 is where we get clear confirmation of outperformance by IT index, as nifty forms a lower low, whereas IT forms a clear higher low. things are starting to change 7) even though IT remains in a stage 1 structure, signs of outperformance in the coming cycle are starting to show. when this happens, start going through individual stocks in the IT sector and prepare for the next cycle
NSE:CNXITEducation
by aarki_gg
2
How to use 30 Min High & Low First Candle by HSBHow to use 30 Min High & Low First Candle by HSB This Indicator is designed to trade breakouts within a custom trading session. When the price crosses above the session's high line, it enters a long position with a stop loss at the session's low line. The script also provides options to customize the appearance of the chart, including displaying session lines and extending them if desired. Before using this script for live trading, make sure to thoroughly backtest it and consider any modifications or improvements based on your specific trading requirements and risk tolerance.
NSE:BANKBARODAEducation
by harvinderSBrar
1
Morning Sectoral Glance - This saves me from errors quite often Generally traders and investors follow every morning- news, analysis, research reports & opinions I am slightly different that i ignore almost all macro, TV news - unless it is stock specific, material (like earnings or M&A) - during trading cycles. These are the things that have kept me out of trouble Sector Analysis - Having all the sectors up on either Tradingview or Trendlyne (which i love btw) 3 Rower Philosophy - What is my stock, its sector and the overall Market doing? (Courtsey William O Neil - who I consider to be the greatest stock teacher ever) Look at things in context to the news - the biggest setups come when the stocks are doing something different from the overall news Just listening to Nifty analysis, news, what XYZ is saying etc has lost me a lot of money. I think the current process I follow now is far better and objective. Please comment or share if you like this - please feel free to suggest any topics as well! PS - the objective of this channel is to learn and share, and not a commercial venture for me
NSE:CNXFMCGEducation
by kunal_finner
6
How to trade ICT Concepts in Indian Markets.This is a demonstration of making executions on the MCX on CrudeOil Mini Futures that are INR denominated derivative contracts of the WTI Futures contracts that are traded on the NYMEX. Any trader in India who wants to trade the ICT concepts on international markets without setting up a foreign brokerage account can try to do so using the Commodities futures traded on the MCX. The price fluctuation of the USDINR leaves you a little bit exposed to some moves. However, most of the time, you can see a near perfect correlated move in both WTI and MCX:CRUDEOILM1! This is a demonstration using Paper Trading on TradingView.com. Please don't try to randomly trade any strategy using actual money. Remember you only risk what you can afford to lose in a responsible manner. It's all on you. You can't come after me if you try this with live funds and lose money. This is something to test.
MCX:CRUDEOILMU2023Education
by I_AM_ICT_KA_CHELA
1
Moving Averages are really powerful. . . !Can you believe they are... Moving average(MA) is one of the oldest indicator. Lot of people (including me) would reject the idea that such a simple indicator can be of any use in modern day considering availability of advance computer tools. I came across free training videos of Oliver Velez who explained on how to use it. When I back tested his logic I was really surprised.. Since then I have kept 20SMA and 200SMA as default on my chart. Best part of this concept is, it works on any time frame.! MA can answer following key questions which helps anyone become good trader/investor.. Q1. Is the stock trending? and What is the direction of trend.? A1. If 20MA is flat stock is not trending. Direction of 20MA is direction of trend. Q2. How old is the trend. (if trend has just started I can board it and if it is too old I will not) A2. If 20MA is not too far from 200MA trend has just started. If 20MA is too far from 200MA be alert trend might be matured. Q3. Am I buying in value zone so that my SL is small.? A3. Buy when stock retraces near 20MA. Q4. Am I exiting at a value where I have got good amount of move. So that my profits are much higher than losses. A4. Exit when stock is far away from 20MA. I have marked all above on these chart for easy understanding. As we can see FAR and NEAR are relative terms. Hence it takes good amount of practice to grasp and trade this concept. Considering volatility lot of whipsaws can happen in intraday and daily time frame. So I started using it on weekly time frame and started getting good results with holding time of 3~10 weeks. However once you are confident in your stock selection criteria this is good way to ride a trend. We can compare trading using MA to flying kite. It is simple but not easy. One need to practice to master the skill. One need to get feel direction and gust of wind, Understand behavior of kite and finally time the action to fly kite. Hope this post will help you appreciate this oldest indicator...
Editors' picks
NSE:GESHIPEducation
by yndesai
24
A simple but very effective strategy that always works on GOLDA easy 1:2 or 1:3 RR with almost above 60-70 % winrate, I am observing this for a long time , eventhough i know this works well, i avoided it for long time because its looked very simple to me on the first place, but then i realised that, not everything is not to be complicated,simplicity is the best.If you follow proper money management with RR, a consistent win this one is sure. the 30 min or 1 HOUR is only i prefer to use. its simple 5 MA candle deviation .
OANDA:XAUUSDEducation
by absidheeqm94
How To Trade with Neowave Trading IdeaHello Everyone, Welcome to you all, this is an educational post in which you will learn how to trade with our neowave trading chart. For better understanding also watch the video which will be available soon. See the below image ## This is how a Neowave structure looks in which a stock price goes up and down. ##These no 12345, I called them motive waves mean trending direction. As you can see these are in diffrent colors. Each color represent a trend cycle mean for how many days this particular stocks is going up or down. See the below example ## As you can see in below examples , group of smaller cycles made bigger cycles and bigger cycles made more bigger cycles and so on Example 1 Example 2 ## But this hard to understand for ordinary eyes and neowave coding style is always differ between neowave analyst also. For one neowave analyst one trend is short and for other it can be intraday.it just there perspective. For every other person 12345 is create confusion, hard to tell how long this trend will go up. you just dont know this 12345 is short term cycle or longterm cycle. To solve this i am changing coding style ##As name represent itself its cycles s for short cycles, m for medium cycles and l for longterm cycles. see the below chart Now see the below image for another part of neowave which is called correction ## As you know every trending cycles, there comes an consolidation period in which price gives some retracement but never retraced 100 percent of previous trend. This consolidation is represent as correction in neowave. ## This correction comes in same cycles in which the cycles was trend. As you can see short cycles trend in the image, after s5 there comes a flat pattern which is labbeld as SC1, this c stand for correction.same for ther cycles. These are the list of the cycles which will be labbled in my chart. See the below chart for complete list. Now next part is important for you. These are the expected time frame for the repected cycles. If you love the post than give it a boost and keep following us for more trading idea. Thank You
NSE:NIFTYEducation
by Neowave-forecast
2
How to calculate stock weightage on index. #What is Stock weightage on an index ? --> Stock weightage on an index is the relative importance of a particular stock in the index. It is calculated by dividing the market capitalization of the stock by the total market capitalization of all the stocks in the index. -->The weightage of a stock in an index is important because it determines how much the stock will move the index when its price changes. A stock with a higher weightage will have a greater impact on the index's movement than a stock with a lower weightage. How the stock weightage on an index is calculated ? -->There are two main methods for calculating stock weightage on an index: Market capitalization-weighted index: This is the most common method. The weightage of a stock in a market capitalization-weighted index is determined by its market capitalization. This means that the larger the market capitalization of a stock, the higher its weightage in the index. This is the most reliable and popular method to calculate stock weightage on an index. Price-weighted index: In a price-weighted index, the weightage of a stock is determined by its price. This means that the higher the price of a stock, the higher its weightage in the index. -->as an example, the stock weightage in Nifty Bank, like in any other index, is calculated using a free-float market capitalization-based method. Here's a simple explanation of how it's done: Market Capitalization: The market capitalization of a company is the total market value of all its outstanding shares. It is calculated by multiplying the company's share price by the total number of outstanding shares. Free-Float Market Capitalization : Free-float market capitalization considers only the portion of a company's shares that are available for trading in the open market. It excludes shares held by promoters, governments, and other strategic investors that may not be readily available for trading. Weightage Calculation: To calculate the weightage of a stock in Nifty Bank, you take its free-float market capitalization and divide it by the sum of the free-float market capitalization of all the stocks in the index. -->For example: Let's say Nifty Bank comprises three stocks with the following free-float market capitalization: Bank A: Rs. 50,000 crore Bank B: Rs. 30,000 crore Bank C: Rs. 20,000 crore Total free-float market capitalization of Nifty Bank = Rs. 50,000 crore + Rs. 30,000 crore + Rs. 20,000 crore = Rs. 100,000 crore -->Now, to calculate the weightage of each stock: Bank A weightage = (Rs. 50,000 crore / Rs. 100,000 crore) * 100 = 50% Bank B weightage = (Rs. 30,000 crore / Rs. 100,000 crore) * 100 = 30% Bank C weightage = (Rs. 20,000 crore / Rs. 100,000 crore) * 100 = 20% --> The stock weightage in Nifty Bank will be adjusted periodically based on the changes in the free-float market capitalization of the constituent stocks. As stock prices change in the market, the weightage of individual stocks in the index will also change to reflect their current market value. All the best !! Follow us for more such insightful information and Give it a like if you appreciate the information. Queries will be answered in comment section.
NSE:BANKNIFTYEducation
by InvestyourAsset
Market cycle psychology🔍 The psychology of the markets is a discipline that studies the different mental scenarios that investors often face when making their investments. 📚 Psychology in the market is one of the major pillars (for many, the primary one) that influences the success of the investor. The other two pillars are capital management and the applied investment system (strategy, routines, etc.). 📊 This cycle most frequently affects beginner investors/traders due to their inexperience and mental vulnerability to market movements. ❓ And you, have you experienced all the stages of this cycle? (🇮🇳)
BITSTAMP:BTCUSDEducation
by JRiquelmeTrading