Search in ideas for "EMA"
DHUNSERI VENTURES WEEKLY BASE FORMATIONDVL - DHUNSERI VENTURES has formed a WEEKLY base with a DEMAND ZONE between 310-280.
Could be a great opportunity for LONG position with SEPTEMBER Quarter profit rise, BUYING volumes are increasing as well as 50 and 200 Daily EMA is following the price PROPERLY.
Nifty Long term Analysis || Nifty has taken support at 200-D EMAGood Morning traders and Investor.
Hello Guy's i have come through my analysis that, if Nifty hold this recent lows (18837) then there is higher probability, we can see nifty towards all time high in coming months. Why i am telling all this, because Nifty has taken exactly support at 200 Day EMA, this is a positive indication that, nifty will fly from here, i mean there is some hurdles in between but overall nifty will cross all hurdle and will go towards all time high. If nifty able to reclaim 19250 above levels successfully then huge one sided momentum can be seen on chart.
November Month option data also suggesting 19000 Levels is going to act strong support zone for nifty in November Month, as highest OI data has seen on 19000 Put is (5430750), and PCR showing (2.08), it's a clear view that, a higher upside momentum is expected in coming next month.
So guy's our strategy should be in market to buy on dips, if you observe in yesterday session, First nifty had opened flat and then it has made low at 18940 and then it has given a huge rally from bottom and made day's high at 19158 and then we have seen closing at 19140. So this is a clear indication that any dip in market is going to become a huge opportunity to accumulate more in downlevels.
Important Levels for Nifty in coming months:-
Accumulate in between 19200-19050,
keep stop loss at 18745
Targets will be 19524/19856/20216.
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
Nifty @200 day EMAWe have highlighted this possibility few days back that below 63 day EMA Nifty might have a strong probability of touching 200 day EMA...
Here we are Nifty lingering around 200 day EMA.
Closing Short positions should be considered.
For Medium to Long term investors, these are good times to accumulate good quality stocks in Equity / Cash
Take care & safe trading...!!!
NIFTY-SIMPLE EMA CROSS OVER STRATEGYNIFTY: Many times we do not require a complex strategy/reading of patterns for trading.
Simply following 1-EMA Vs 20EMA Cross over would have given a handsome return/
SIGNAL 1 : 10EMA Cross above 20EMA in 15 Min Chart -Profit:100 Points(Buy Trade)
SIGNAL 2: 10EMA Cross below 20EMA in 15 Min Chart -Profit:70 Points(Sell Trade)
SIGNAL 3 : 10EMA Cross above 20EMA in 15 Min Chart -Profit:200 Points(Buy Trade)
SIGNAL 1 : 10EMA Cross below 20EMA in 15 Min Chart -Profit:80 Points(Sell Trade)
Duration :5th Oct to 13th Oct
Total Profit :450 Points
If any In the Money simple Call/Put trade initiated as per the above sugnal would have fetched an ave Rs200x50: Rs1000/lot(For educational purpose only)
Nifty breaks 50 day EMA as well- On the bounce 19560 odd levels acted as resistance
- Nifty closed the day below 50 day EMA
Let’s see what Data is telling us for 04 Oct 2023…
Index Futures
Retail traders added 14382 Long Contracts and squared off 4026 Short Contracts
FIIs squared off 1327 Long Contracts and added 19261 Short Contracts
Pro traders squared off 1061 Long Contracts and squared off 2251 Short Contracts
Index Call Option
Retail traders added 13.04 Lakh Call Long Contracts and added 12.98 Lakh Call Short Contracts
FIIs added 3.76 Lakh Call Long Contracts and added 1.34 Lakh Call Short Contracts
Pro traders added 3.12 Lakh Call Long Contracts and added 5.59 Lakh Call Short Contracts
Index Put Option
Retail traders added 3.94 Lakh Put Long Contracts and added 6.83 Lakh Put Short Contracts
FIIs added 3.84 Lakh Put Long Contracts and added 39208 Put Short Contracts
Pro traders added 2.10 Lakh Put Long Contracts and added 2.64 Lakh Put Short Contracts
PCR : 0.84
FIIs sold in Cash Market to the tune of Rs 2034.14 Cr
DIIs have bought in Cash Market to the tune of Rs 1361.02 Cr
Important levels which may act as Support and resistance for the day
Imp levels on the upside: 19588 / 19614 / 19640
Imp levels on the downside 19468 / 19430 / 19372
Take care & safe trading...!!!