Cyber Monday saleUp to 70% OFF

Trade!

Trading Medicine Options 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. Is option trading profitable? Options trading is a risky endeavor but can be profitable if done correctly. There is no guarantee that any particular trading strategy will be consistently successful, but a few methods have proven to be effective more often than not.
NSE:BANKNIFTYEducation
by SkyTradingZone
PCR Part - 1What is PCR in share market? A Put-Call Ratio is a technical indicator used in derivative markets. It gauges market sentiment by comparing the open interest or trading volume of put options to call options. A high ratio generally suggests a bearish outlook, while a low ratio indicates a bullish sentiment. A PCR value below 1 is indicative of the fact that more Call options are being purchased relative to the Put options which signals that investors are anticipating a bullish outlook for the markets ahead.
NSE:BANKNIFTYEducation
by SkyTradingZone
MACD TRADING / Technical AnalysisMoving 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 MACD indicator (or oscillator) is a very popular indicator among traders around the world for identifying trends and reversals. It was invented around 1977 by Gerald Appel, who was looking for a quality indicator that could immediately be interpreted.
NSE:BANKNIFTYEducation
by SkyTradingZone
"Mastering BankNifty: Capturing 458 Points Like the Operator's B"As I mentioned earlier, I captured a solid 458 points in BankNifty! This is the power of precise levels and timing. I shared this exact trade with you on Saturday or Sunday, a day before it played out. This is what I call the 'operator's boss' level of trading! When you can predict the market moves like this, you're truly ahead of the game. Stay tuned for more insights like these, and let's continue to dominate the markets together!"
NSE:BANKNIFTY
by XTrap_000
4
TATACONSUM: Upcoming Price Surge Projection Timeframe: 4h NSE TATACONSUM has formed a correction on the 4-hour timeframe chart. A closer look at wave A reveals it consists of three distinct waves, indicating it can't be labeled as an impulse. The security has broken below the 50, 100, and 200 EMA, with the Average True Range (ATR) at 15 . Currently, the price is developing wave (iv) of wave C within wave (B). Wave (B) has already reached 100% of wave A, and with bullish sentiment, the price could surge from this point. However, we need confirmation through a breakout of the sub-structure. After wave (B) is completed, traders can use wave (iv) as an entry point to confirm a long setup. Fibonacci clusters indicate potential levels at 1189 - 1246 - 1296. Risky traders entering right after the completion should confirm their position with a lower high. We will provide further updates soon. - KP (Trade Technique)
NSE:TATACONSUM
by Trade-Technique
1
NIFTY - Elliott Wave Outlook Timeframe: Weekly NSE NIFTY began an impulsive move after hitting a low of 15183.4 . Based on the wave count, the price completed wave (5) of wave (3) at 26277.3 and has since started to decline. The price is currently in a wave (4) correction phase. Let’s switch to the daily timeframe for a closer look at the details. Timeframe: Daily On the daily chart with a neckline at 24,750 , we’re observing a bearish head-and-shoulders pattern forming. If the price breaks below this neckline, Nifty could drop significantly, potentially reaching the demand zone or surge point of the pattern. However, if the price fails to break this neckline, it indicates weakness in the bearish momentum, signaling a possible reversal According to the Elliott Wave Principle, if wave 5 is an extended wave, the correction often occurs near sub-wave 2 of the previous impulse, especially if it falls below sub-wave 4. So, 24,570 will be a crucial level for Nifty. We can expect the price to move up by no more than 126% of wave A within the correction. Otherwise, there’s a risk of mistaking wave B for wave 3. Whatever scenario Nifty chooses, it’s better to let Nifty commit to a clear direction before we commit to the market. We will update further information soon.
NSE:NIFTY
by Trade-Technique
7
XAUUSD’s Final Wave Completion – What’s Next?XAUUSD has formed a corrective pattern on the hourly chart, offering a potential breakout setup. The correction has spanned over two weeks, during which the price has frequently crossed the EMAs (50/100/200 ) on the hourly timeframe. Meanwhile, the 20 EMA has consistently acted as solid support on the daily timeframe. The pair has completed its final wave 5 of wave (C) at 2604 and has since started to rise sharply. Currently, XAUUSD faces a strong resistance level at 2670 , which marks the high of wave (B). If the price breaks above 2670 , traders can target the following levels: 2685 - 2715 - 2735 +. If the breakout fails, the correction may continue, as 2670 is the key hurdle for the bulls to overcome. Further updates will follow soon.
OANDA:XAUUSD
by Trade-Technique
1
"Tomorrow’s Nifty 50 Secret: Trade with 90% Accurate Breakout LeFor tomorrow's Nifty 50 trading based on the chart: The orange levels on your chart (24,948.20 and 25,064.80) are key pivot levels where high-probability trades can be taken. If the market opens below 24,948.20, this level acts as a resistance zone, signaling potential for a selling opportunity as the market may face downward pressure. If the market opens above 25,064.80, it becomes a support zone, signaling a buying opportunity as the market might continue upward momentum. Use the 5-minute timeframe to closely track the price movement. Entry strategy: Buy trade: If Nifty breaks above 25,064.80 and holds, enter a long position for a breakout. This becomes a strong support level if the market opens above it. Sell trade: If Nifty breaks below 24,948.20 and sustains, enter a short position. This becomes a solid resistance level if the market opens below it. These levels are 90% accurate, and the plan is to wait for a clear breakout beyond these orange lines before entering a position. Key takeaway: The direction of the opening will decide whether these levels act as buying or selling zones, making them crucial for your trade setups.
NSE:NIFTY
by XTrap_000
Bank Nifty Analysis for TomorrowBank Nifty Analysis for 11/10/2024 Market Outlook: I expect a flat to slightly gap-down opening tomorrow. Key Levels: - Crucial Level: - 51,270 - Support Levels: - 51,400 - 51,270 - 51,040 - Resistance Levels: - 51,650 - 51,800 Trading Strategy: - Long Position: - If Bank Nifty opens around 51,400, I will take a long trade targeting 51,650 and 51,800. - If it drops to 51,270, I will average my position for a long trade, targeting 51,400 and 51,650. - Short Position: - If Bank Nifty sustains below 51,270 for 15 minutes, it will indicate a clear short trade with targets at 51,040 and 50,800.
NSE:BANKNIFTY
by SkyTradingZone
PCR Option Trading Investors use several financial measures to gauge the market temperament before parking their money into the same. Put call ratio is one such financial tool which proves useful for investors in more than one way. To understand the application and role of this financial measurement one needs to be well-versed in its basics. Here, we have elucidated the nitty-gritty of the same, including the put call ratio formula and other facts. Put Call Ratio Meaning Typically, a put-call ratio is a derivative indicator. It is designed to enable traders to determine the sentiment of the options market effectively. This ratio is computed either by factoring in the open interest for a given period or based on the volume of options trading. Also known as PCR, this particular ratio serves as a contrarian indicator and is mostly concerned with options build-up. Such an indicator helps determine the extent of bullish or bearish influence in the market. In other words, it helps traders to understand whether a recent increase or decrease in the market is excessive or not. Based on this information, traders decide if they should opt for a contrarian call in the prevailing market. Such an investment strategy is based on the practice of purchasing or selling investment units against the prevailing market conditions, to combat mispricing in the securities market. How is Put Call Ratio Calculated? Before learning about the put call ratio formula, it is crucial to understand the components of this ratio individually. For instance, the put option provides traders with the right to purchase assets at prefixed prices, whereas, the call option offers the right to purchase assets at the current market prices. Put call ratio calculation can be done in the following ways - Based on Open Interests of a Specific Day PCR is computed by dividing open interest in a put contract on a particular day by open call interest on the very same day. PCR (OI) = Put Open Interest/ Call Open Interest Based on the Volume of Options Trading Here PCR is computed by dividing the put trading volume by the call trading volume on a specific day. PCR (Volume) = Put Trading Volume/Call Trading Volume Here, Put volume indicates the total put options initiated over a specific time-frame. Conversely, Call volume indicates the total call options initiated over a specific time-frame. Notably, the interpretation of this said ratio differs as per the type of investor.
NSE:BANKNIFTYEducation
by SkyTradingZone