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Marico to take long entryLong Marico after the BO of TL above Rs 545. Stock trading near the 200 EMA level. this is the area of entry. In case stock rejects the area wait to cross the 200 EMA level. A very high probability that stock will bounce back. Good risk to reward trade. This is for your educational purpose only.
Types of Professional Traders🤑💸💸💸🤑👑Royal Trend👑
Topic Trading Things
In this video we try to understand Types of Professional Traders🤑💸💸💸🤑
How market really work with number's
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
Difference between technical analysis and option trading
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.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
Technical trader
Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
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#This channel Purpose to share market ideas.
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BANKNIFTY BY BIG BULL🤑👑💸💸💸💸👑Royal Trade👑
BANK NIFTY IMPORTANT LEVEL
WE BUY CALL AND TARGET LEVEL IN VIDEO
45869 // 45788 // 45734 // 45613 // 45558 // 45488 // 45292 // 45158 // 44901 // 44796 // 55561 // 44410
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
1 Amazing swing trade idea for 26 Sep Markets I daily make educational content videos for swing / positional trading
Technical Analysis of Nifty 50 for TomorrowTechnical Analysis of Nifty 50 for Tomorrow (26 September 2023) with Good Points
Support:
19600-19500 (Strong Support)
Resistance:
19800 (Big Resistance)
Overall Analysis:
The Nifty 50 index is currently trading at 19674.55, just below the resistance level of 19800. The index has been in a sideways to bearish phase for the past few weeks, and the overall market sentiment is bearish.
However, there is a good chance that the index could move upside tomorrow if it breaks above 19800. The index has strong support at 19600-19500, and there is a lot of put writers at this level. Therefore, if the index breaks above 19800, it could face strong buying pressure.
Good Points:
The index has strong support at 19600-19500.
There is a lot of put writers at the 19600-19500 level.
The index could move upside if it breaks above 19800.
Trading Strategy:
Bullish Traders: If the Nifty 50 index breaks above 19800, bullish traders can enter long positions with a stop loss below 19750.
Bearish Traders: If the Nifty 50 index breaks below 19600, bearish traders can enter short positions with a stop loss above 19650.
Overall, the Nifty 50 index is likely to move in a range of 19600-19800 tomorrow. However, there is a good chance that the index could move upside if it breaks above 19800.
Disclaimer: This is just a technical analysis and should not be considered as a trading recommendation. Please consult your financial advisor before making any trading decisions.
Technical Analysis of Bank Nifty for Tomorrow Technical Analysis of Bank Nifty for Tomorrow (26 September 2023)
Support:
44500 (Big Support)
44700/44600
Resistance:
45000 (Big Resistance)
Overall Analysis:
The Bank Nifty index is currently in a consolidation phase, with a strong support zone at 44500 and a strong resistance zone at 45000. If the index breaks below 44500, it could fall further to 44400 or even lower. On the other hand, if the index breaks above 45000, it could rally to 45900 or even higher.
However, it is important to note that the 45000 strike price has a huge concentration of call writers. This suggests that there is strong resistance at this level. Therefore, traders should be cautious before taking any bullish bets on Bank Nifty.
Trading Strategy:
Bullish Traders: If the Bank Nifty index breaks above 45000, bullish traders can enter long positions with a stop loss below 44900.
Bearish Traders: If the Bank Nifty index breaks below 44500, bearish traders can enter short positions with a stop loss above 44700.
Overall, the Bank Nifty index is likely to remain in a consolidation phase tomorrow. Traders should be cautious before taking any bets on the index.
Disclaimer: This is just a technical analysis and should not be considered as a trading recommendation. Please consult your financial advisor before making any trading decisions.
Nifty 50 Hourly Analysis: Bullish Retest on the Horizon?Nifty 50 has recently showcased a breakout in the hourly timeframe, making a strong move to higher levels. Now, as it retraces, we're observing a potential retest of the breakout zone. This presents multiple long opportunities! What makes this even more enticing? The robust support from the 200 Moving Average.
Traders, are you spotting the same patterns? What's your game plan here? Sharing insights can lead to collective growth! Let's discuss!
And remember, always ensure your strategies align with market dynamics and risk management principles.
REC LTD Setup ready to go longLong REC LTD above 250 for the long-term target. The stock has been in an uptrend for a long time & a small correction or pullback period has been over. Stock is trading near 50 EMA. levels of 300+ can be seen in the coming days.
This is for your educational purpose only.
Bank Nifty Analysis For 22Sept2023 **Market Outlook**
The market has been in a downtrend for the past few days, and is likely to continue to be bearish tomorrow. The Bank-Nifty is expected to open gap-down, with a first resistance at 44600 and a second resistance at 45000. If the BankNifty breaks 44600 and closes a green candle on the 5-minute chart, then traders can go long. However, if the Nifty breaks 44200, then traders can expect further downside movement to 43900 and below.
**Key Support and Resistance Levels**
* Support: 43900, 43600
* Resistance: 44200, 44600, 45000
**OI Data**
The OI data for the market is not very bullish, with only 44500 having good support. On the resistance side, the market has strong resistance at 44800 and 45000.
**Trading Strategy**
Wait for the market to open and then watch the price action. If the Nifty opens a gap-down and breaks 44600, then traders can go long. However, if the Nifty breaks 44200, then traders can expect further downside movement to 43900 and below.
**Disclaimer**
This is just a professional stock market analysis for tomorrow, September 22, 2023. It is not financial advice, and traders should always do their own research before making any investment decisions.
Nifty 50 Analysis for 21Sept2023
Nifty 50 Options Trading Analysis for 21/09/23
Key Points:
Nifty 50 is likely to remain bearish in the short term, with support levels at 19980, 19800, and 19720.
Resistance levels are at 19954, 20045, and 20107.
If Nifty 50 breaks below 19866, more downside fall is possible.
If Nifty 50 breaks above 19954, it may face resistance at 20045 and 20107.
Trading Strategy:
Long: Traders can go long in Nifty 50 options if it breaks above 19954 with a stop loss below 19866.
Short: Traders can go short in Nifty 50 options if it breaks below 19866 with a stop loss above 19954.
Risk Management:
Traders should always use stop losses and risk management techniques when trading options. It is important to remember that options are a leveraged product and can result in significant losses if not traded carefully.
Disclaimer:
This is not a financial advice and traders should always do their own research before taking any trading decisions.
Additional Notes:
Nifty 50 is expiring on 21/09/23, so traders should be extra cautious while trading options on this day.
It is advisable to book profits early and avoid holding any overnight positions on the expiry day.
NTPC long possible?NTPC stock is in a long uptrend & a high probability that the stock will continue the uptrend and going to hit all-time new highs.
1) Long after the BO of conflux area above 240 with a green candle.
2) Previous stock move from the 50 EMA .
3) If RSI also crosses above 60, that's a very high chance of the stock going long .
In case stock rejects the area then wait to touch the 200 EMA levels for right entry.
This is for your educational purpose only.