Get started

Sensex

Option and Database TradingThe 80% Rule is a Market Profile concept and strategy. If the market opens (or moves outside of the value area ) and then moves back into the value area for two consecutive 30-min-bars, then the 80% rule states that there is a high probability of completely filling the value area. The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.
NSE:BANKNIFTYEducation
by SkyTradingZone
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.
NSE:HDFCBANKEducation
by SkyTradingZone
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).
NSE:BANKNIFTYEducation
by SkyTradingZone
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.
NSE:BANKNIFTYEducation
by SkyTradingZone
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.
NSE:BAJFINANCEEducation
by SkyTradingZone
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.
NSE:RELIANCEEducation
by SkyTradingZone
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.
NSE:BANKNIFTYEducation
by SkyTradingZone
Database Trading Typically a trading dataset will provide information about trades that are made over the course of the day. This includes various different details about the trades, such as the bid, bid size and ask size. This information is known as quote data. Results show that migration to a MongoDB database would be most beneficial in terms of cost, storage space, and throughput. In addition, organisations wishing to take advantage of autoscaling and the maintenance power of the cloud should opt for a cloud native solution.
NSE:NIFTY
by SkyTradingZone
SMC Trading with Professionals In conclusion, Smart Money Concepts (SMC) provides traders with a strategic framework that focuses on understanding the actions and motives of market makers, particularly institutions such as banks and hedge funds. It compares favourably to other strategies, such as swing trading and scalping, although each are much more appropriate in a short term timeframe. If you are looking for the latest and greatest strategy traders are raving about, then SMC might be a great fit for you.
NSE:HDFCBANK
by SkyTradingZone
Journey of Advanced Divergence TradingCommon types of trading are intraday, positional, swing, long-term trading, scalping, and momentum trading. Trading involves exchanging goods or services. In stock trading, investors buy and sell stocks from companies within regulated markets overseen by Indian regulatory bodies. Master these skills and then you'll get a genuine shot at being a trading master. Skills #1 and #2 – Research and Analysis. ... Skill #3 – Adapting Your Market Analysis to Changing Market Conditions. ... Skill #4 – Staying in the Game. ... Skills #5 and #6 – Discipline and Patience. ... Bonus Skill #7 – Record Keeping. ... In the End.
NSE:BANKNIFTYEducation
by SkyTradingZone
Professional TradingWhat Is Technical Analysis? Technical analysis is a method of evaluating statistical trends in trading activity, typically involving price movement and volume. It is used to identify trading and investment opportunities. Unlike fundamental analysis, which attempts to evaluate a security's value based on financial information such as sales and earnings, technical analysis focuses on price and volume to draw conclusions about future price movements. Key Takeaways Technical analysis is used to evaluate price trends and patterns and thereby identify potential investments and trading opportunities. Technical analysts believe past trading activity and a security's price changes can be valuable indicators of the security's future price movements. Technical analysis may be contrasted with fundamental analysis, which focuses on a company's financials rather than historical price patterns or stock trends. Technical analysis was introduced by Charles Dow.
NSE:BANKNIFTYEducation
by SkyTradingZone
Advanced Technical TradingWhat Is Price Action? Price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analyses of a stock, commodity, or other asset charts. Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions. Key Takeaways Price action generally refers to the changes of a security's price over time. Different looks can be applied to a chart to make trends in price action more obvious for traders. This is especially true when analyzing data covering different time periods. Technical analysis formations and chart patterns are derived from price action. Technical analysis tools like moving averages are also calculated from price action and projected into the future to inform trades. Though many use price action to forecast future prices, prior price action does not guarantee future results.
NSE:BANKNIFTYEducation
by SkyTradingZone
RSI IndicatorThe best RSI settings are typically a 14-period timeframe with 70 as the overbought level and 30 as the oversold level. These settings can be adjusted based on specific trading strategies. Low RSI levels, below 30, generate buy signals and indicate an oversold or undervalued condition. High RSI levels, above 70, generate sell signals and suggest that a security is overbought or overvalued. A reading of 50 denotes a neutral level or balance between bullish and bearish positions.
NSE:BANKNIFTY
by SkyTradingZone
Nifty heading towards 22kDate: 17 Nov’24 Symbol: NIFTY Timeframe: Daily Nifty 50 seems to be in final stages of Wave A of an ABC correction that began in Sept’24. Correction in A could end around 23300 and if it breaks that level, it could even head to 23050-23000. It would then witness a pull back towards 25000 levels in Wave B as seen in the chart and finally Wave C down. Please note this is a possible wave count and Nifty as an instrument always runs on multiple global event risks. Maharashtra votes on 20th Nov’24 and election results are on Saturday, 23rd so it’s unlikely that Nifty will see a pullback or Wave B this week. Investors/Traders in US see lesser chances of another interest rate cut in December meeting so it’s a wait and watch there. This is not a trade recommendation but my humble submission of possible movement in Nifty. Please do your own analysis. And I’ve the right to be wrong. HINGLISH VERSION Aisa lagta hai ki Nifty 50 Sept’24 mein shuroo hue ABC correction ke Wave A ke antim charan mein hai. Wave A mein correction 23300 ke aaspaas samaapt ho sakta hai aur yadi yah us star ko todta hai, to yah 23000-23050 tak bhee ja sakta hai. Jaisa ki chart mein dekh sakte hain, iske baad Wave B mein 25000 ke star tak vaapasee hogee aur ant mein Wave C mein giraavat aaegee. Kripya dhyaan den ki yah ek sambhaavit Wave count hai aur Nifty hamesha kai duniya bhar ki ghatanaon ke jokhimon par chalta hai. Maharashtra mein 20 Nov’24 ko voting hogi aur chunaav nateeje Saturday 23rd ko aaenge, isliye iski sambhaavana nahin hai ki is saptaah Nifty mein pull back ya Wave B dekhne ko mile. US mein niveshakon/vyaapaariyon ko December kee baithak mein ek aur interest rate cut kee sambhaavana kam dikh rahee hai, isliye vahaan wait and watch kee sthiti hai. Yah koi trade lene ki salah nahi hai balki Nifty mein sambhaavit utaar-chadhaav ke baare mein meri vinamra koshish hai. Kripya apna vishleshan khud karen. Aur mujhe galat hone ka adhikaar hai.
NSE:NIFTY
by DhandhaPaani
SENSEX 5000 Points Santa Claus Rally Coming Soon ? It's that time of the year again! After the Doom and Gloom of October comes the Rays of hope in November and the ' Trump Effect ' may ensure that Santa comes early to the markets this year. There is just a small matter of a recent Swing low (78768) to be undercut, and then we can see the liquidity return to the markets by way of cheaper rates (just how long can RBI hold out!?), Chinese outflows and World Peace! (God Bless Donald J Trump). Nominal technical Target for the rally could be in the range of about +5000 points (>6.42%). Get Ready for Merry Christmas ! 🎅
BSE:SENSEXLong
by Jay_Maan
Technical Analysis Part - 2The RSI provides immediate signals for buying and selling, helping you understand whether an asset is overbought or oversold. RSI readings below 30 signal buy opportunities, indicating the asset is undervalued. Conversely, RSI readings above 70 signal sell opportunities, suggesting the asset is overvalued. Volume can confirm divergence signals by indicating the strength and conviction behind price movements. High volume during divergence signals strengthens the reliability of the signal, while low volume may indicate weaker market sentiment.
NSE:BANKNIFTYEducation
by SkyTradingZone
1st Nov 2024 - Nifty up 90pts, dropping coverage on BankNiftyNifty Stance Bearish ️⬇️ The Nifty went up by 90 points 0.38% this week, but we are still in a bearish hold and hence are not revising our stance. We saw a good bounce on the 28th morning session and then we gave up some gains in the afternoon session. On Tuesday we started falling initially and then recovered superbly. On Wednesday we held the ground, but on Thursday we fell quite badly. In fact by the 31st of October, Nifty was back at the same levels as on Friday the 25th. Then we had the Muhurat Trading session between 6 to 7 pm on 1st November wherein Nifty bounced a bit and closed at 24304 levels.  Diwali trading usually ends in green because a huge crowd of people buy stocks almost blindly, this could be the reason we saw some buoyancy on Friday. From a weekly perspective, I still maintain the bearish position for Nifty, and the stop loss levels will be a close above 24419.  I am dropping coverage on BankNifty immediately and will also stop trading both algos and manual on this Index. The main reason is that BN has been removed from the weekly expiry due to the SEBI rule that only 1 index can be selected by an exchange for weekly expiries and NSE went ahead with Nifty. Meanwhile, I am adding Sensex to my list and will start publishing technical analysis reports as soon as I start trading on it.
NSE:NIFTYShort
by viswaram
Option's TradingOptions 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. Trading options offers a number of benefits for an active trader: Options can offer high returns and do so over a short period, allowing you to multiply your money quickly if your wager is right. With options, it can cost less to get the same exposure to a stock's price movement than it does to buy the stock directly.
NSE:BANKNIFTYLong
by SkyTradingZone
Update on #YESBANK The company has recently released its results and the results are outstanding with net profit rising 145 percent. I expect a strong rally with bullish momentum from here as we have filled the FVG between 17.5 to 19.5 and due to the strong financial result we could see serious bullish momentum take over. I had shared 3 entries at ₹23, ₹20 and ₹19.5 . All three of your entries should now be active. These entries were perfectly timed with the result of yes bank and correction in nifty . I believe we will reach the three targets that I had mentioned within 4 to 5 years from here now. Target prices ₹93, ₹120 and 280, check out my earlier post on Yes bank for more information about the company's fundamentals and technical.
NSE:YESBANKLong
by SkyTradingZone