Pivot
Bank Nifty AnalysisResistance at 43800 and buyer more active above 43800 only
Support at 43540 if open gap down may fall till 43300 and bounce back
If sustain above 43800 then may buyers can come till next reisitance 44000
As per trend analysis buyers are saving the falls but unable to make higher highs might today it can be CE buyers day!
note : Do your own analysis before taking trade or making invesment
PNB HOUSING - a perfect structure to learn pivot cup shaped recovery of PNB Housing
one can learn how to identify pivot levles which is acting as support and resistance at different scenario .
i will include ema and volume indicators for PNB - in coming days.
analysing all together will give excat point of entry and exits
Learn Trading with LeeGa CPR Indicator CPR Indicator helps you analyze the market in a very simple and effective way. No complex formula or analysis is required for market analysis.
Here we can see that with the help of Leega CPR indicator we can clearly identify key areas for trading on the chart, like Virgin CPR, Narrow range CPR, PDH reversal and Value Area identification. If we are able to mark out these areas in out our daily chart, then we could have easily identified three very easy opportunity to trade on this particular day.
TATA Chemicals: Bracing for a Potential Trend Reversal !TATA Chemicals has been showing signs of a potential trend reversal in recent days, as the stock price has been trading within a tight range and forming a bullish pattern. The market trend analysis suggests that the stock has been consolidating after a prolonged downtrend, indicating a possible shift in sentiment. The price action of TATA Chemicals has also been showing a higher likelihood of a breakout to the upside, as seen in the series of higher lows and higher highs forming on the charts. Furthermore, the technical indicators such as Moving Averages, Relative Strength Index (RSI) and the MACD have been signaling a bullish bias, with the RSI breaking above the 50 level and the MACD line crossing above the signal line. These indicators provide additional confirmation of the potential trend reversal, making TATA Chemicals an attractive prospect for traders who are looking for a potential buying opportunity.
Intraday Price Action Indicator - Multi TimeframeHi,
Success in the stock Market without good Tool and Guidance is Challengeable.
Here is the Indicator which is very user friendly and effective for intraday Trading. Please checkout the Signature tab and Join the link if you need this.
Details of the Indicator:
Method of Trading – Intraday, Positional or Swing – Indices, Stocks and Commodity Markets
Golden Zones : When two or more indicator levels are confluences at one price point which will act as Strong Support and Resistance in the Market. That is called Golden Zone.
CPR & Pivot (Daily / Weekly / Monthly) – Based on the previous Timeframe values, it will automatically calculates the Support and Resistance values for the upcoming Sessions.
BUY / SELL Levels (W-Refers the Weekly levels) – Possible Reversal in the market we can expect at this price level. Depends on the Time frame (Daily/Weekly)
Bull BO / Bear BO (W-Refers the Weekly levels) – Possible Breakout level, If breakout happens price will move to reach the Target 1 and 2 Points based on which side the price breaks ( BULLISH / BEARISH ). We can initiate our BUY/SELL Entries.
Target 1 & Target 2 – Once the Price breaks the Breakout (Bull BO / Bear BO) levels, it will try to reach the Target Points where we can book our profits.
Tomorrow Levels - This will help us to enable the next day trading session Support and Resistance Levels in advance to do pre-analysis to prepare for the Entry and Exits.
Colored Candles : Lime Green and Violet colored candles will indicate the Possible Trend Reversals.
Triangles : Orange and Violet triangles will indicate the Confirmation of Trend Reversal.
BUY / SELL Signal – Considering the momentum and the Trend change it will suggest the possible entry time.
Dashboard :
1. Weekly Trend : This will indicate how the current week trend is going to be – Trending / Sideways
2. Today – Current Session expectation in the Market ( Bullish / Bearish )
3. Sentiment – Indicates the Traders mind set (Positive/Negative Side)
4. Range - This will indicate how the current Day trend is going to be – Trending / Sideways
5. MB / MA Trend – This identifies the major trend (Is the Stock / script in Up Trend or Down Trend)
6. Other Parameters – Will indicates the present situation in the market
7. RSI Values – This is to know and understand the momentum of the particular script
Bank Nifty - Intraday Levels for 20 July 2022Banknifty Levels for Tomorrow..
Trend : Bullish
Sentiment : Positive
Expectation : Strong Bullish
Expecting Bank nifty to open sideways / small gap up - if any pull back to CPR Pivot / BUY Reversal is where we can initiate our long entry with reversal confirmation. Target is 36060 where it can take reversal for short term.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty - Intraday Levels for 11 July 2022Nifty Intraday Levels for Tomorrow..
Trend : Bullish
Sentiment : Positive
Expectation : Bullish Continuation
Expecting Nifty to Open Flat / Small Gap up between CPR and Sell Reversal zone, wait for pull back to test CPR then we can go long for Targets 16253 & 16278 and above
Any breakout below CPR, nifty will go down to test PDL & Virgin CPR level 16110
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty Spot Weekly Outlook 30th May to 03th JuneFalcon Analytics Outlook Nifty 50 for the Expiry week ( May 30 – June 03 )
As Discussed in Last Weekly Analysis Nifty witness selling pressure @ major resistance @ 16387 on Monday, while the major support for the week @ 15560 was not breached.
Technically for this week on the daily charts we see major support on the downside for Nifty50 index lies at 15907 levels,
whereas major resistance on the upside is capped around 16418 levels.
If Nifty50 index breaches major support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 15712/15516 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16538/16734.
Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16754 suggests long term trend is Bearish.
Range for the week is seen from 15907 on downside and 16734 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 16929
RESISTANCE 3: 16734
RESISTANCE 2: 16538
RESISTANCE 1: 16418
WEEKLY PIVOT LEVELS: 16223
SUPPORT 1: 16027
SUPPORT 2: 15907
SUPPORT 3: 15712
SUPPORT 4: 15516
A ll above views for education purpose only.
Regards,
MD. [
Nifty Spot Weekly Outlook 16th May to 20th May
Falcon Analytics Outlook Nifty 50 for the week ( May 16 – May20 )
Technically on the daily charts we see major support on the downside for Nifty50 index lies at 15560 levels,
whereas major resistance on the upside is capped around 16387 levels.
If Nifty50 index breaches major support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 15304/15049 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16642/16898 .
Currently Nifty50 index is trading Below 200 day EMA @ 16819 suggests long term trend is Bearish .
Falcon Analytics predicts range for the week is seen from 15049 on downside and 16642 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 16898
RESISTANCE 3: 16642
RESISTANCE 2: 16387
RESISTANCE 1: 16229
WEEKLY PIVOT LEVELS: 15973
SUPPORT 1: 15718
SUPPORT 2: 15560
SUPPORT 3: 15304
SUPPORT 4: 15049
All above views for education purpose only.
Regards,
MD .
Pivot Strategy for with ExecutionSchool of Super trader
At super trader education we focus on only essential things required to be successful in trading.
The purpose of this strategy to gain profit through process rather than from market behavior and capturing the trend.
Things required to perform trading operation in successful way!
- Broker Terminal
§ Low Brokerage
§ API with low operating cost.
§ Recommended: Fyers
It's free account
No AMC
No API charges
- Data
§ Timely signal
§ Trading View
- Algo platform
§ Ability to communicate signal from Trigger to Execution
§ NLB
- Super trader
§ Help you to be organized and effectively
Process:
Strategy should meet all the criteria below:
- Low risk per trade
- Defined maximum risk
- Lowest possible drawdown
- Less number of trades
- Efficient Execution
Profit is byproduct of your systematic process.
Why Banknifty is in a RangeBanknifty is trading between a range of 37000-35750. In today's session we saw index dropping till 35750 and then reversed back to close above 36000. There are multiple Camerilla Support levels which will hold banknifty from falling, 35750 is one of them that's why index saw reversal. 37000 has been proven as a psychological resistance level, and a gap which was created between 13-18April is working as a resistance zone now. Now talking about further actions we might see prices swinging between these ranges as stated and breakout of any of these level will take index to another territory.
KEC
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..