Navigating Change: The Impact of SEBI's F&O PolicySEBI's new rules for F&O traders will take effect on November 20. The changes include increasing the contract size for index derivatives from Rs 5-10 lakh to Rs 15-20 lakh, which i believe is not a good idea. They are also reducing the number of weekly expiry options for index derivatives, which i see as a positive change. However, the decision to eliminate weekly expiry for Bank Nifty options is viewed negatively.
It's hard to understand what SEBI is trying to achieve. i think the chairman believes she is making smart decisions, but it feels quite the opposite. It seems like they want to take more money from retail investors while claiming to act in their best interest. Increasing taxes, raising contract sizes, and removing Bank Nifty weekly expiration's doesn’t seem helpful for the stock market or retail traders. Retail investors and traders play a crucial role in providing liquidity for institutional investors, generating tax revenue for the government, and maintaining market vitality. However, it appears that SEBI primarily favors large traders and investors, which may seem unfair to the retail segment.
Instead of educating retailers, there appears to be a focus on restricting their earning opportunities in the stock market. In the future, this may leave only major players able to trade in India's stock market. SEBI should realize that there are many stock markets in different countries, and if retail investors and traders face restrictions here, they will move on to Forex or US stocks, which often offer higher leverage and lower brokerage fees. Retail traders will trade regardless.
The solution should be to educate investors and give them the freedom to make their own choices. I hope that in the future, SEBI will have a knowledgeable chairman who understands these issues better.
Tradingviewindia
VIP INDUSTRIES : A good bet for short term📈 VIP INDUSTRIES is a good buying candidate for a short term swing trading.
🔰 It can show some decent upside move upto 15% to 30% in the near future.
🟢 Range : 515 - 525
🎯 Target : 560 / 600 / 655 / 700
🛑 Stop : 490 ( wcb )
⚠️ Disclaimer : It's not a buy/sell recommendation. It's a view only for an educational purposes.
POONAWALA FINCORP : Best Stock for a short-term gainPOONAWALA FINCORP has taken a support from at its previous strong support zone and getting reverse from that level with a good volumes.
🔰 One can accumulate it for a gain of 10% / 20% / 30% upside targets in a short term.
📈 Range : 380-385
🎯 Target : 430 / 470 / 500
🛑 SL below : 340 (wcb)
⚠️ [ b]Disclaimer : This is not a buy/sell advice or recommendation. This is purely my view only for the educational purposes.
#NIFTY Intraday Support and Resistance Levels -22/07/2024Nifty will be gap down opening in today's session. After opening nifty start trading Below 24480 level and then possible downside rally up to 24360 in today's session. in case nifty trades Above 24550 level then the upside target can go up to the 24670 level.
#NIFTY Intraday Support and Resistance Levels -15/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24540 level and then possible upside rally up to 24660 level in today's session. in case nifty trades below 24490 level then the downside target can go up to the 24370 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(12/07/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 52050 level then possible upside rally of 400-500 points upto 52550 level & this rally can extend another 400 points if market gives breakout 52550 level in todays session. Any Major downside only expected in case banknifty starts trading below 51950 level.also possible reversal downside 52450 level.
HDFC BANK 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
HDFC BANK Looking good for Downside..
When it break level 1669 and sustain.. it will go Downside...
SELL @ 1669
Target
1st 1652
2ND 1643
HDFC BANK JUN FUT – LOT 6 (Qty-3300)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
ANY QUESTION RELATED...ASK ME..
@jagjoshi1985 @TradingView @Bravetotrade
#NIFTY Intraday Support and Resistance Levels -07/06/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22900 level and then possible upside rally up to 223020 level in today's session. in case nifty trades below 22830 level then the downside target can go up to the 22710 level.
#NIFTY Intraday Support and Resistance Levels -06/06/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22630 level and then possible upside rally up to 22750 level in today's session. in case nifty trades below 22560 level then the downside target can go up to the 22440 level.
#NIFTY Intraday Support and Resistance Levels -05/06/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22010 level and then possible upside rally up to 22130 level in today's session. in case nifty trades below 21950 level then the downside target can go up to the 21830 level.
Parallel Channel pattern breakout in BATAINDIABATA INDIA LTD
Key highlights: 💡⚡
✅On 30 MIN Time Frame Stock Showing Breakout of Parallel Channel Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1335+.
✅Can Go Long in this Stock by placing a stop loss below 1308-.
IREDA trade set-upNSE:IREDA has been a darling of traders since listing and now it is following a very beautiful trendline. Traders can keep this line as a stop loss and can continue riding as long as it holds it. IREDA is a PSU which finances green projects and also recently got a Narvratna status.
How TradingView is redefining the chart-analytics spaceIf you are a stock or options trader, you might not have taken the trade without analyzing the charts. Gone are those days when traders punch orders just by looking at the prices. All professional traders prefer to take the shot after viewing the chart and that too after analyzing multiple timeframes.
There is one player who has made a heck of a difference in this space, it's TradingView (TV). When I started trading in 2010, I used the broker’s chart platform - it was okay, but I did not know what was missing. Later I switched to a new gen broker and for a while, I was stuck with the ChartIQ platform which the broker provided free of cost.
I had heard TradingView’s name then, and also visited their website and compared the plans. I thought, who in their senses would opt for a paid plan of TV when the broker is providing it free of cost? I said to myself - I would never pay for it.
Back then I had 5 to 7 indicators on my chart - MACD, Bollinger bands, RSI, EMAs, ADX-DMI, SuperTrend to name a few and my chart was pretty complicated. Just like a handwritten prescription by the doctor, I could not even read what came out from my chart. And predictably the streak of loss-making trades continued. Time passed and maybe I got mature enough to realize that the indicators were not the issue, my interpretation was.
The first thing I did was to switch to the free plan of TV. Since it had a limitation of 3 indicators per plan - I had to narrow down my selection of indicators. I was left with 2 EMAs and 1 ADX-DMI that I could use with the free plan. And that restriction became a blessing, my charts were not crowded anymore & the price stood out loud and clear.
My loss-making days ended there and I possibly matured as a trader. I did not switch to TV’s paid plan then - because I had no special need for it. That restriction of 3 indicators was what worked for me, a blessing in disguise.
Early this year, I switched to one of their platinum brokers - Dhan . This was to get my webhooks experimentation going and it required me to upgrade to a paid plan of TV. Even though I was hesitant, I took that leap of faith and upgraded. Seems like that was the 2nd best decision that I took this year, after switching the broker.
Few additional things come to you when you take a paid plan. I got access to add more watchlists and segregate them by themes. One of my recently added watchlists contains more than 249 stocks which I analyze over the weekends. These companies are with Mcap less than 3000 crores and I secretly believe 10 of them could become multibaggers over the next decade. Weeding them out is a pain though.
There are 2 features TV provides even on their free plan.
Publish Idea
Minds
Publish Idea - This is where you share your chart, analysis, or idea with the public. You need not be a professional chartist to do it - you can start at an amateur level. As your work inspires others and helps them in their trading, you start gaining their respect. Few of them may even follow you and subscribe to your ideas.
You get to choose the directional bias too. If you are long on a scrip, you can mark the “long” green colored button on the last page. If you are bearish, you could select the “short” red button.
Minds - TV Minds is a new feature that they introduced, it is like a room where you post commentary while trading. Other traders who are watching the same chart as yours can view, and comment on your mind and it can get pretty interactive.
Once posted, it will appear on your public page under the “minds” navigation. I love both these features as they immediately notify your followers via email too. TV minds give the exact feeling of entering a trading room. You get to interact with the experts, take their opinions, and debate a bit.
I am not quite sure if these can be done via their mobile app, I use it on their desktop version. And it may take a while for real deep penetration as the majority of traders in India are on a mobile device.
What is the feature you liked about TradingView the most?
IRCTC - 82% RETURNS!!!BUY - IRCTC
CMP - Rs. 610
Target - 1: Rs. 720
Target - 2: Rs. 910
Target - 3: Rs. 1120
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Technicals -
1) Bullish Flag Breakout
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Fundamentals -
1) IRCTC operates through five segments: Catering, Railneer, Tourism & Train Operation, State Teertha, and Internet Ticketing. It offers mobile catering services and other catering services, tourism products and services, and packaged drinking water under the Rail Neer name. Additionally, it offers train ticket booking and travel insurance services, as well as operates irctctourism.com, a tourism portal.
2) IRCTC's financial track record, the company is of good quality with a fair valuation.
3) The company's current market capitalization is ₹48,288 Cr., with a 52-week high of ₹777.7 and a 52-week low of ₹557.
4) The latest PE ratio of IRCTC is 51.32 and the latest PB ratio is 19.37. The company's TTM revenue/sales are ₹3,267 cr.
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This is just a view, please trade at your own risk.
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HIGH/USDT: Unleashing Bullish Potential in Falling Wedge Pattern💎 Hey Paradisers, take a look at the HIGH/USDT daily chart. It's forming a falling wedge pattern, which usually indicates a bullish trend. Currently, it's around the 1.101 demand zone. If it holds steady here and breaks above the upper trendline of the wedge, we might see a bullish trend ahead.
💎 What are we aiming for? We're keeping an eye on potential rises to resistance levels at 1.574. If the momentum keeps up, it could even reach 2.326 and 2.796. If you prefer cautious steps, you might consider entering after it breaks above the 1.574 resistance. This could confirm a strong bullish trend. Stay alert, ParadiseSquad!