Technical
Database Trading Analysis Part 3Advanced database trading analysis combines powerful database technologies with sophisticated data analysis techniques to gain deeper insights into financial markets and improve trading strategies. This involves using techniques like data mining, OLAP, predictive modeling, and machine learning to analyze large datasets and make informed predictions. The goal is to identify patterns, trends, and anomalies that can be used to make profitable trading decisions.
MACD Analysis Part-2Moving average convergence/divergence (MACD) is a technical indicator to help investors identify price trends, measure trend momentum, and identify entry points for buying or selling. Moving average convergence/divergence (MACD) is a trend-following momentum indicator that shows the relationship between two exponential moving averages (EMAs) of a security’s price. MACD was developed in the 1970s by Gerald Appel, and is one of the most popular technical tools, readily available on most trading platforms offered by online stock brokers.
RSI and RSI Divergence Part 2RSI (Relative Strength Index) is a momentum indicator that measures recent price changes to assess if an asset is overbought or oversold. RSI divergence occurs when the price of an asset and its RSI move in opposite directions, potentially indicating a trend reversal or weakening trend. There are two main types: bullish divergence (price makes lower lows while RSI makes higher lows) and bearish divergence (price makes higher highs while RSI makes lower highs).
MACD(Moving Average Convergence Divergence) ExplainThe Moving Average Convergence Divergence (MACD) is a popular momentum indicator in technical analysis, created by Gerald Appel in the late 1970s. It helps identify trends and reversals by calculating the difference between two moving averages, typically based on historical closing prices.
Database Trading**Database trading** refers to the process of buying and selling databases or data-related products, often for financial or commercial purposes. This could involve trading large datasets, data assets, or even the rights to access and use specific data. In financial contexts, it could also refer to trading information or algorithms derived from data for making investment decisions. Here's a breakdown of how database trading works and its typical applications
Day 31 of Live Algo Day Trading JournalDay 31: Day opened bullish, my stock opened and immediately ran up to its high point. Algo did not trigger as it is deisgned to get in on a pullback. Got an entry; market tried to cheat but could not succeed and was saved. However later on the market cheated and threw me out with a minor profit. Algo again got triggered but in the wrong direction, suffered small loss. Third time algo got triggered but came out at parity.
Progress : Did not do any manual trade today even when felt like taking a bullish position manually(in hindsight looks like I was correct), but idea is to build the habit of only algo trading, no manual trading, so good, did not get into temptation.
Data Driven Analysis of Indices for the week & year ending 31-12DATA DRIVEN ANALYSIS OF NIFTY & BANK NIFTY FOR THE WEEK ENDING 31-12-21
This is a new weekly post/series where I will briefly capture the key highlights of the 2 leading indices. This post is supported by a video that takes you through the details of how I have arrived at the analysis. I encourage you to view the video as well since not everything can be captured in a document form.
I hope that this effort would help the readers and viewers to get a crisp idea about what happened in the markets over a period of one week.
Important - Nifty as well as Bank Nifty have ended the week on a positive note, however, this positivity comes with increased number of Covid cases in India and also overseas. I am in no way making an attempt to create panic, but I will still be cautious as the markets have sold-off in a big way for no obvious reason - for example on 20-12-21 when Nifty hit a low of 16410. In my view, a weekly close above 17625-50 is when things may seem to be stable.
BANK NIFTY
The comparison is done with 1-12 Numbers as the start of the month.
EOD on 1-12-21 = 36364
EOD on 24-12-21 = 34857 up by -1507 points or -4.14% from 1-12-21
The highest level in the week ending 31-12-21 = 35597 on 31-12-21
The lowest level in the week ending 31-12-21 = 34233 on 27-12-21
Difference Highest - Lowest = 1364 points or 3.98% from the lowest level
In the last week, Bank Nifty has made an upward move of 625 points or 1.79% which is refreshingly a good sign.
Insight:
Bank Nifty as on EOD 31-12-2020 - 31264
Bank Nifty as on EOD 31-12-2021 - 35481
Change - 4218
% 13.49
NIFTY
The comparison is done with 1-12 Numbers as the start of the month.
EOD on 1-12-21 = 17166
EOD on 31-12-21 = 17354 up by 188 points or 1.09% from 1-12-21
The highest level in the week ending 31-12-21 = 17400.80 on 31-12-21
The lowest level in the week ending 31-12-21 = 16833.20 on 27-12-21
Difference Highest - Lowest = 567 points or 3.37% from the lowest level
In the last one week Nifty has made an up move of 350 points or 2.06% which indicates a good positive change in the short term trend.
Insight:
Nifty as on EOD 31-12-2020 - 13982
Nifty as on EOD 31-12-2021 - 17354
Change -3372
% 24.12
FII - DII DATA:
DEC 2021
FIIs = -35,409 Crores
DIIs = +30.675 Crores
Net is = -4,734 Crores
As mentioned last week, there was a slow down already in FII selling and it continued during the last week which brought about some relief to the downward biased market moves.
Conclusion:
On an annual basis, Nifty has clearly outperformed Bank Nifty which has been able to perform just above half the % gain than that of Nifty. This is indicating a very depressive picture of what happened in 2021.
At the same time, I view this as an opportunity for Bank Nifty to outperform and become the recovery engine for the overall market.
FIIs have turned net buyers for 2 days in the week and only once in the week their selling was more than 1,000 crores. We have to see how the next week goes. If FIIs keep buying even in the next week, then the market mood would change for the better with some sort of certainty.
Insight:
India Vix as on 31-12-20 21.09
India Vix as on 31-12-21 16.22
Change 04.87
% 23.09
The above is a significant drop over a period of one year and explains the logic behind the rise in the Indices.
Only Nifty has a corresponding increase to the drop in India Vix as Bank Nifty has remained under pressure for most part of the year.
Since this week’s analysis is also yearly analysis, I will share a separate post and a video that takes care of the Leaders & Laggards of Nifty as well as Bank Nifty. And that is why I have not compiled separate conclusions for the two indices.
On a broader scale for the next few days, it is important for Nifty to end a week above 17650 and for Bank Nifty it is important to close a week above 36800-37000. This is when the indices are likely to shift to the next higher gear.
Here is the video link:
Please feel free to comment/share your feedback as, like you, I am also a learner of the markets! And therefore, I have the right to be wrong on either side as no one can predict the moves.
Happy Trading/Investing!
Umesh
31-12-21
Why i was selling EQUITAS HoldingsHi guys this is Trader Kanishk
this analysis is for EQUITAS
Points discussed in the video:
Why not to go long
has it taken support
trendline breakout
new support levels
new targets
new stoploss levels
entry levels for sharp entry
and many more.
Please
Watch the entire video and
GO for It
DISCLAIMER
Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position.
One more very important thing
Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
BEL diversions | BEL trade Setup | Technical Analysis in HindiHi guys this is Trader Kanishk
In this analysis of BEL i have discussed :
Why not to go long more
why i am closing BEL trade
has it taken support
trendline breakout
new support levels
new targets
new stoploss levels
entry levels for sharp entry
and many more.
Please
Watch the entire video and
GO for It
DISCLAIMER
Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position.
One more very important thing
Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Market Crashing ALERT !!!! SHORT NIFTY & DON'T INVESTHii
This is trader Kanishk
Today NIFTY ant the INDIAN ECONOMY
This is a crashing ahead. Watch full analysis and take it seriously please.
SHORT NIFTY
DON'T INVEST
This is not the right time to invest.
This is the time for traders
we can earn only by short selling.
Thank you.