#BANKNIFTY 4 AUG By Professional Option Trader🤑💲💲💸💰#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023
Is option buying good for intraday?
Trading intraday options can be a great way to benefit from short-term market fluctuations and make quick money. Before you dive headfirst into the fast-paced world of intraday options, it's important to have a sound strategy with an understanding of risks and rewards.
The long black candlestick is 'the mother' and the small candlestick is 'the baby'. The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle's body.
Which candle is best for option trading?
Here are the top 5 candlestick patterns that traders must know:
Doji. The Doji pattern is formed when the Open Price and Close Prices are the same or almost the same, and there is Low and High Price, so the candle has nearly nobody with a lower and upper wick. ...
Hanging Man. ...
Hammer. ...
Morning Star and Evening Star.
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai
Techincalanalysis
Option Buying In Intraday By Big BULL🤑#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023
Is option buying good for intraday?
Trading intraday options can be a great way to benefit from short-term market fluctuations and make quick money. Before you dive headfirst into the fast-paced world of intraday options, it's important to have a sound strategy with an understanding of risks and rewards.
The long black candlestick is 'the mother' and the small candlestick is 'the baby'. The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle's body.
Which candle is best for option trading?
Here are the top 5 candlestick patterns that traders must know:
Doji. The Doji pattern is formed when the Open Price and Close Prices are the same or almost the same, and there is Low and High Price, so the candle has nearly nobody with a lower and upper wick. ...
Hanging Man. ...
Hammer. ...
Morning Star and Evening Star.
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai
IRCTC Very SHORT TERM TARGET - 670 (POTENTIAL TO GO MORE UPSIDE)IRCTC has been going upward over the last few days, and with lots of activity, it produced a positive breakout at the 650 level. In coming days the charts may create a Cup and Handle pattern, and if an upside breakout occurs, the next target is 690, with support to Momentum and Indicators.
NIfty View from today to one week on 30 mints chartGood Morning Guy's. I hope you all will be doing good in your trading and in your life journey as well.
Well today i have done analysis on Nifty for one week prediction, HIghest probability indicates that, we will break support zone of 19535-19565, in coming sessions and will go for our 3rd (19510) and 2nd (19421) targets. Well that is just a prediction, because on chart we are seeing a falling trendline and market is respecting the levels. So if nifty gives breakout and sustain the levels, then of course trend will be change and we can see new all time (20000+) very soon, but still according to data, it looks bearish.
If i talk about today's Global views, it is looking mildly bearish. So for intraday, we will act according to today's data.
I have written almost everything on chart. But writing the levels here too for the reference.
IMPORTANT LEVELS FOR NIFTY:-
Buy above 19789, if levels got sustains at least for 30 mints.
Targets will be for upside 18856/19939++
Keep stop loss at 19681
Sale below 19676, if levels got sustains at least for 30 mints.
Target will be for downside 10628/19555--
Keep stop loss at 19789
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 BIg player Long Move By Professional🤑💰💸🙏#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai
NTPC for swing trade.NTPC, which has been consolidating for over 2 years, has the potential to experience a breakout with strong momentum. As visible from chart it has made a rectangular channel pattern where it has retested it's support and bounced back over and over again.
Today, the stock has reached its resistance level and formed a positive candlestick. If the stock breaks the resistance and sustains above this line, it could be an opportunity to take position.
#StockMarket #technicalAnalysis #NSE #NTPC #Swingtrading
USDZAR Sell Trade Signals Time Frame H4The USD/ZAR currency pair has been trading within a support and resistance channel, and recently it broke below the support line with a strong bearish candle. This presents a potentially favorable opportunity to initiate a sell trade with a small risk and the potential for significant rewards.
IDFC First Bank Shines with Excellent Q1 Performance.IDFC First Q1 Result.
Impressive performance across the board! Deposits up 44% YoY, Advances up 25% YoY, Profits up 61% YoY. Net NPA down to 0.7% (Which is very good indication). ROA at 1.24% vs 0.97% YoY. QoQ net income down -731 Cr. vs 816 Cr. in Q4FY23, but excluding a one-off income of 180-200 cr. from the last quarter, results are still better on a QoQ basis.
Why to Invest in IDFC first ?
They are many reasons to invest in IDFC Bank, but trading in this company seems risky and tricky right now. However, if you are someone who believes in the narrative that for India to grow, the banking sector would have to follow the same path, then undervalued and growing banks will benefit the most. Stocks like IDFC First Bank are more likely to double their Market Cap. So, if you are a long-term and serious investor like me, this analysis will help you.
Why to Avoid Trading ?
Now, let's discuss why trading this stock is currently considerably risky. The stock is trading near 200% of its support level, following a special channel pattern known as a big-length rectangle pattern, which makes it riskier from a trading perspective.
How to Invest ?
We plan to take a longer position in this stock. As visible from the chart, the stock has tested its resistance on a weekly timeframe. As, we all know Q1 results are out, Earnings have been impressive, indicating a potential strong breakout with good volume. If that happens, we'll invest half of our money and wait for a retracement before putting in the rest. But, if the stock falls instead of breaking out, it'll be a great opportunity to invest, and in that case, we'll wait for a consolidation.
Note- I am not a SEBI registered, Please consult to your Advisor before investing.
#How to Trade in Option Market 💲🤑💲💸💰#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
what is option ?
Options are a type of derivative product that allow investors to speculate on or hedge against the volatility of an underlying stock. Options are divided into call options, which allow buyers to profit if the price of the stock increases, and put options, in which the buyer profits if the price of the stock declines.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai laken wo Backup bhi ready kr rhe hai take 2023 kese wjh se krab bhi jaye to economy
pe zada Farak na pade..
Garware Hi-Tech Films Limited Technical Analysis: Is it a Buy?This technical analysis of Garware Hi-Tech Films Limited (GRWRHITECH) looks at the stock's recent price action, technical indicators, and potential trading strategies.
Garware Hi-Tech Films Limited (GRWRHITECH) is a leading manufacturer of polyester films in India. The stock has been on a bullish trend in recent months, and is currently trading above its 50-day and 200-day moving averages. The relative strength index (RSI) is also in the overbought territory, which suggests that the stock may be due for a correction
he following are some of the technical indicators that are used to analyze GRWRHITECH:
Moving averages: The stock is currently trading above its 50-day moving average (MA) and 200-day MA, which is a bullish signal. The MAs are sloping upwards, which suggests that the trend is bullish.
RSI: The RSI is currently at 75, which is in the overbought territory. This suggests that the stock may be due for a correction. However, the RSI has been in the overbought territory before and the stock has continued to rise.
Abbott India is gearing up to give Breakout.Company's Overview.
Abbott India Ltd is one of the market leader and multinational pharmaceutical company in India with a global presence in over 160 countries. It has a legacy of more than 130 years in the industry.
Revenue Breakup.
In FY22, injectables contributed around 40% of the revenues, followed by tablets at 39%, liquids at approximately 16%, capsules at 3%, and other products at 2%.
Financials.
>>Almost debt free company.
>>ROCE- 41.1%, Which is considered to be an excellent return.
>>Good growth can be seen in net profit margin.
>>Maintaining a healthy dividend payout of 76.8%.
Technical.
As we have seen Last week, all chemical stocks had a good rally. It looks like this rally will continue further. So we will keep a close track on this stock because it still falls under one of the undervalued stock category.
This stock was consolidating within an uptrend parallel channel. Last week, it closed near its resistance level.
If it breaks out with a big candle and significant volume, we can enter the trade. We'll use a 1:1 risk-reward management strategy for this trade as explained in chart.
This is my Analysis, I might be wrong sometimes Please do your 'own' due diligence before taking trades.
Breakout Analysis on TATA Chemical. Tata Chemicals had a strong breakout with a huge candle on the weekly closing day.
Tata Chemicals was in a 9-month rectangle symmetric pattern and recently broke out with good volume.
While it has potential to reach its resistance, it's better to wait for a slight correction or retracement before entering. If it comes back to the breakout area, that would be an excellent time to consider entering. If not, we'll monitor if it sustains above the breakout level, and if it does, it's a green signal. Our entry strategy will have a 1:1 risk-reward ratio, as shown on the chart.
Not a recommendation.
Banknifty : intraday analysis; bullishBanknifty (weekly )
More probability is there for "BULLISH "
.
.
For " long "
entry: 45765 / 46020
target: 46450
stoploss: 45700 / 45900
.
.
For " Short"
entry: 45660
target: 45500
stoploss: 45770
.
Enter only if market Breaks
"Yellow box" mentioned.
.
wait for proper reversal and conformation.
.
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
.
refer old ideas attached below
DRREDDY is ready to ride. Stock is all set to break its resistance level. It was consolidating in a uptrend rectangular pattern for more than one year, It has given a decent green closing for the week. It seems more likely to give a breakout. We have to wait till it breaks its resistance. On the other side NIFTY has reached at its all time high (ATH) level. So, it might fell down going forward. If Nifty closes with a good green candle on Monday, we are good to go in this.
Swing In Navin Fluorine International.About Comapany
Navin Fluorine International Ltd primarily produces refrigeration gases, inorganic fluorides, and specialty organofluorines. They also offer contract research and manufacturing services. Their portfolio consists of 50+ developed fluorinated compounds.
Fundamentals
The company is expected to have a strong quarter, and they consistently pay a healthy dividend of 19.2%.
Company has little down side as well. promoter holding is slightly lower and FII holding also decreasing a bit. But interestingly DII purchasing more and more continuously.
20.4% of ROCE seems to be much healthy.
Technical analysis.
The stock has been consolidating in range of a rectangle pattern for the past 24 months. As visible from weekly timeframe, it is making higher highs and higher lows, touching the upper level and retracing back to its support, which is making it strong consolidating zone.
We can wait for the price to fall a little almost near to the support level And then we can take position considering to the long, With a 5% stop loss, we can aim for a minimum of 25% gain.
#StockMarket #NSE #BSE #Analysis
Banknifty ( Weekly View ) ; BearishBanknifty (weekly )
More probability is there for "Bearish "
.
.
For " Short"
entry: 45950 / 46200
target: 45750 / 45550
stoploss: 46270
.
.
For " long "
entry: 46300
target: 46450
stoploss: 46200
.
.
Enter only if market Breaks
"Yellow box" mentioned.
.
wait for proper reversal and conformation.
.
don't be aggressive.
.
refer old ideas attached below.
Keep a close eye on Rites LTD. Company's Overview
RITES Limited is a company in India that was started in 1974. It is a government-owned company and is known for its expertise in transportation consulting and engineering. The company is the only export arm of Indian Railways for providing rolling stock overseas.
Technical
As visible from the chart price has retested its resistance multiple times and came back to the support level. today it has closed with a fairly good green candle and almost touched the resistance. It has all potential to break its trend line and we can anticipate a significant move above the Line. However we have to wait for a strong confirmation. If the candle breaks its resistance and sustaining above the line, entry can be initiated. One can trade by putting 1:1 risk reward ratio.
BUY- 390
TARGET- 415
STOPLOSS- 364
Please note I'm not SEBI registered, I have shared this Analysis for education purpose only.
Breakout in WIPRO ?Despite a negligible decline in Q1 earnings, Wipro has experienced a strong breakout today. While there has been some profit booking and a minor correction after the significant momentum, it would not be accurate to consider it a false breakout. In fact, there is still significant potential for further growth.
After a 50% correction, Wipro is now set for a promising upward move. The IT sector, including companies like TCS, Tech Mahindra, Mindtree, and Infosys, has recently shown strong momentum. This suggests that Wipro might join the rally and experience similar upward movement.
Considering the current price range we will not set the target more than 6% at this juncture. As an another strategy we can also wait for the price to give a pull backs to its breakout line and then taking the trade will make this trade less risky.
It was just my analysis. Do your own due diligence before investing.
Keep Bajaj Electricals in Radar.Bajaj Electricals has been trading in a sideways pattern for the past 10 months, as shown in the chart. In May, it broke out of this pattern and started moving in a upward trend.
If we zoom in and look at a smaller time frame, we can see that another sideways pattern has formed within the larger pattern.
We have two options: we can wait for the price to break out in multiple time frames, or we can make a smart move by taking a trade when the price retests its support level around 1223.
We can consider waiting for the price to retrace and then take a trade, aiming for a potential gain of 7%. To manage risk, we can place a small stop loss. Why small Stop Loss ? Because trade have all the possibilities to fall further if it breaks it support and can come all the way to its Bigger support level.
If it breaks out in a multi time frame, I will update in trading hour.