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Stochastic Oscillator

Ninja Intraday Scalping in BankNifty 15 Nov 2021Ninja Intraday Scalping in Bank Nifty 15 Nov 2021 (pull back method), added few advanced concepts today for the basic version of our strategy! 145 points gain. Please do drop your comments if you have any questions on this Ninja Technique.. Thanks Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length. Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses 100 and tries to reverse back and if we see Stoch , MACD , RSI too reversed from top or from bottom an entry can be taken. Other end of the band will be the target or middle band would be the target basing on the risk reward. Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you! Please do like and share this idea. Thanks
NSE:BANKNIFTY
by AdhigamaTrading
Ninja Intraday Scalping in BankNifty 12 Nov 2021(Hindi Language)Ninja Intraday Scalping in Bank Nifty 12 Nov 2021 (pull back method), 330 points gain. Please do drop your comments if you have any questions on this Ninja Technique.. Thanks Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length. Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses 100 and tries to reverse back and if we see Stoch , MACD , RSI too reversed from top or from bottom an entry can be taken. Other end of the band will be the target or middle band would be the target basing on the risk reward. Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you! Please do like and share this idea. Thanks
NSE:BANKNIFTY
by AdhigamaTrading
4
Ninja Intraday Scalping in Bank Nifty 9 Nov 2021(Hindi Language)Ninja Intraday Scalping in Bank Nifty 9 Nov 2021 (pull back method), 380 points gain. Please do drop your comments if you have any questions on this Ninja Technique.. Thanks Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length. Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses 100 and tries to reverse back and if we see Stoch , MACD , RSI too reversed from top or from bottom an entry can be taken. Other end of the band will be the target or middle band would be the target basing on the risk reward. Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you! Please do like and share this idea. Thanks
NSE:BANKNIFTY
by AdhigamaTrading
8
BankNifty Bearish ViewBankNifty after a long rally from 24244 levels to 27754 looking week at higher levels. It has broken the trendline and showing bearish divergence/crossover as per stochastics and MACD on daily charts. Considering the risk reward ratio its a perfect juncture to remain on short side in BankNifty (sell on rise). Obviously hedge your positions to safeguard your portfolio. I would recommend to create a covered put which can be rolled up or averaged if it moves up higher which seems unlikely. Maximum banking heavyweights are trading near their highs and showing weakness too. Today BNF may see some retracement and technical pullback. Aggressive traders may employ the covered put if they see BNF at higher levels.
NSE:BANKNIFTYShort
by TradersVenue
Nifty: A Simple Strategy Yielding Lacs.I am surprised to see how this simple strategy could yield such handsome return in the Index futures. Time Period= 1 June till date Chart= 15 min. Rules: 1. Divergence on Stochastics associated with inverse price movement 2. Entry @ break above/below immediately preceding "minor" swing high/low 3. Stop @ below/above immediately preceding "significant" swing low/high 4. Target @ immediately preceding "significant" swing high/low point 5. Would not trigger entry on gap openings, wait for price to pull back to entry or else trade will be missed 6. After entry, if target missed by few points then close position on break of a succeeding minor swing or consolidation pattern, whichever hits earlier 7. Minimum Risk to Reward Ratio should be 1:1 or else trade will be missed. 8. No support or resistance from higher time frame taken into account 9. All the entries taken with Stop loss and Limit orders. 10. Carry forward as long as target or stop is not hit. Trades: Trade1=33 pts. Trade2=16* Trade3=31 Trade4=34 Trade5=32 Trade6=13* Trade7=47 Trade8=37 Total= 243 Profit on single lot= 243*75=18225 For earning 1 Lac or more one should have traded at least 6 lots. * In Trade 2 and 6 target was missed by a few points so as per rules the position is closed at the break of succeeding consolidations pattern. #Trade missed @ Divergence 3 because of poor RRR Although this strategy yielded 100% success with no Stops hit yet it should be noted that we totally missed the shorting opportunity from 9700 to 9565 on 22nd June. The strategy might be successful in sideways to moderately bearish/bullish environment. Will it be good in a trending market is still a question mark for me, perhaps we will get the answer in coming days. Kindly cooperate if am wrong in my calculations somewhere but i suppose the purpose of this post is clear to everybody. Trade safe, stay healthy. Best Regards Afraidtotrade
NSE:NIFTYEducation
by Bravetotrade
35
Stochastic: Oscillate the Right Way – A study of SBIDeveloped by George Lane in 1950 – Stochastic (SO) is a momentum oscillator, that is, it follows the momentum of price. Its value oscillates between 0 to 100. The general interpretation of SO is that stock is overbought when SO value is above 80 and oversold below 20. But to what extent this interpretation is correct? Let’s find out. I am taking State Bank's weekly chart (random pick) 2013 onwards. Although the study is applicable to all time frames yet it is more reliable on larger timeframes. The smaller timeframes can always be used for better entries and exits. I am taking only %D line which is 3 period MA of %K (not showing here on SO chart) which represents the current value of SO. The reason for choosing %D is that it is smooth and less noisy. A cross of %K over %D is used as buy and sell signals. But a lot of false signals are generated through this system as it noisy in case of volatile stocks, so I am ignoring this system in this study. Overbought Zones and Rallies Let’s first concentrate on points where SO cross above 80 Point C: Stock rallied 57% Point E: Stock rallied 20% Point I: Stock rallied 29% Point K: Stock rallied 7% Oversold Zones and Falls Now concentrate on points where SO value crossed below 20 Point a: Stock fell -25% Point c: Stock fell -9% Points e,f: Stock almost flat Point g: Stock fell -11% Point h: Stock fell -33% So is it a good practice to sell a stock because SO is above 80? Absolutely not, rather when SO value crosses 80 a buy should be triggered because stock is in bullish momentum. Same is true for SO cross below 20, it generates sell signal. Divergence and Price oscillation: Another Interpretation Another interpretation of SO is through Divergence. Means when price is making higher peaks but SO is making lower peaks or stock making lower troughs and SO making higher troughs. Between points b and d: huge divergence on SO, Price flat at D1; rally 93% At F: Divergence with rising price (D2); initial fall 23%, total fall 55% At i: Divergence with price fall (D3); rally 80% At J: Divergence(red line) with price rise (D4), fall 16% but SO didn’t touch 20 this time, while it did in above 3 cases At L: Divergence(red line) with price rise (D5); Fall so far 10% So will it be right to trust divergence? Absolutely, as it is followed by massive price movement. But will be right to trust only divergence for buy or sell? Absolutely not, it should always be used in conjunction with other price action signals. And now the big question, what is the present scenario in this chart? Look at the divergence on SO (thick yellow line) and the price movement of the stock and interpret yourself. Play safe, stay healthy and like if u can.
NSE:SBINEducation
by Bravetotrade
10
Nifty - Will buy-on-dips strategy work this time?Will buy-on-dips strategy work this time? This is the best setups for bulls - buying on dips and a jhat-pat trade. The resistance turns support at 8,970 (pink line) will be crucial for bears to break. The recent rally in the range of 9,000-9,200 seems to be disheartened for bulls. The rangebound session with index being firm above 9K express positive yearly settlement for traders. The move from 1st week of April will be the trend decider. RSI has broken previous two swing lows while the negative crossover on Stochastic hints the failure of buy-on-dips strategy this time. But the confirmation will only be below the pink line. The move above the fresh highs will negate the setup.
NSE:NIFTYShort
by bbrijesh
3