Reversal Chart Pattern: WedgeWhat this chart pattern shows us is a loss of trend strength and a deceleration in price movement.
The most achievable projection for setting our take profit will be the maximum width of the pattern, which occurs at the beginning of it. Alternatively, you can take the level that marks the start of the correction as a profit-taking point.
As for the stop-loss level, it will depend on the type of entry made in the trade, whether it's a high-risk entry or a reduced-risk entry.
(Like any other pattern or indicator, this one provides a signal of a possible market move. Therefore, the greater the number of confluences, the higher the probability that the observed scenario will occur). 💼💹 (🇮🇳)
Trend Analysis
Option and Market By Pro Trader's 👑🤑👑💸💸💸👑Royal Trend👑
Topic Trading Things
In this video we try to understand the Option and Market By Pro Trader's 👑🤑👑💸💸💸
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.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
studyHi guys,
double bottom or double top is one of the most powerful price actions if you use any oscillator divergence for confirmation of reversal but make sure it should break the trendline, why trendline is important because it shows you a change of character in price action...
thank you keep support for more updates...
Why People Use Indicators 👑Royal Trend👑Royal Trend👑
Topic what Why People Use Indicators
In this video we try to understand the Actual Trading in Intraday and Long Term Treading
How market really work with number's
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.
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.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Earn with Trading 👑Royal Trend👑👑Royal Trend👑
Topic what we really need to learn in Market
In this video we try to understand the Actual Trading in Intraday and Long Term Treading
How market really work with number's
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.
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.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
How to Trade in Options By Big Bull👑👑Royal Trade👑
Hello Guys in This Video We share How to Trade in Option's Market.
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.
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.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Market Architecture By 👑Royal Trend👑👑Royal Trend👑
In this video we try to understand the Market Architecture.
How market really work with number's
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.
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.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Actual Trading in Intraday and Long👑💲👑👑Royal Trend👑
In this video we try to understand the Actual Trading in Intraday and Long Term Treading
How market really work with number's
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.
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.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Weakness in Nifty Oil and Gas SectorChart type - Heikin Ashi
Time frame - Daily
Indicator - Guppy Multiple Moving Average
Today we have a Red HA candle with a strong body which shows a countable decline in the momentum. Also a day before we have a doji candle at the top of the uptrend which is a sign of trend reversal. But I wait for the bearish crossover or a strong breakdown of the moving averages.
Concept Of Support and Resistance & Roles ExchangeDefination Of Support and Resistance levels-:
The support and resistance (S&R) are specific price points on a chart expected to attract the maximum amount of either buying or selling. The support price is a price at which one can expect more buyers than sellers. Likewise, the resistance price is a price at which one can expect more sellers than buyers.
Particular defination-:
Resistance
As the name suggests, resistance is something which stops the price from rising further. The resistance level is a price point on the chart where traders expect maximum supply (in terms of selling) for the stock/index. The resistance level is always above the current market price.
The likelihood of the price rising to the resistance level, consolidating, absorbing all the supply, and declining is high. The resistance is one of the critical technical analysis tools which market participants look at in a rising market. The resistance often acts as a trigger to sell.
Support
understanding the support level should be quite simple and intuitive. As the name suggests, support is something that prevents the price from falling further. The support level is a price point on the chart where the trader expects maximum demand (in terms of buying) coming into the stock/index. Whenever the price falls to the support line, it is likely to bounce back. The support level is always below the current market price.
Reliability of S&R
The support and resistance lines are only indicative of a possible reversal of prices. They by no means should be taken for ascertain. Like anything else in technical analysis, one should weigh the possibility of an event occurring (based on patterns) in terms of probability.
Key takeaways from this chapter
1-S&R are price points on the chart
2-Support is a price point below the current market price that indicate buying interest.
3-Resistance is a price point above the current market price that indicate selling interest.
4-To identify S&R, place a horizontal line in such a way that it connects at least 3 price action zones, well-spaced in time. The more number of price action zones (well spaced in time) the horizontal line connects, the stronger is S&R
5-S&R can be used to identify targets for the trade. For a long trade, look for the immediate resistance level as the target. For a short trade, look for the immediate support level as the target.
6-Lastly, comply with the checklist for optimal trading results
How support and resistance changes their roles-:
If the price falls below a support level, that level will become resistance. If the price rises above a resistance level, it will often become support. As the price moves past a level of support or resistance, it is thought that supply and demand has shifted, causing the breached level to reverse its role.
Examples by Snapshots-:
Support become Resistance
Resistance become Support
Conclusion
Technical analysis is one approach of attempting to determine the future price of a security or market. Some investors may use fundamental analysis and technical analysis together; they’ll use fundamental analysis to determine what to buy and technical analysis to determine when to buy.
Don’t forget that technical analysis is not an exact science and it is subject to interpretation. If you continue your study of technical analysis, you’ll likely hear someone say it is more of an art than a science. As with any discipline, it takes work and dedication to become adept at it.
Best Regards- Amit rajan
How To Trade in Option's Market By 👑Royal Trade👑 👑Royal Trade👑
Hello Guys in This Video We share How to Trade in Option's Market.
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.
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.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Gann Square of 9 Illustration This is a basic snapshot of illustration on how the levels of Gann Square of 9 works.
Specially how the sell entry and buy entry acts like SAR (stop and reverse for buy and sell entries.
After confirming that the price stood at 19831, we input this value into our calculator and initiated the calculation.
Buy above: 19845.76
Stoploss: 19810.56
Target 1 Target 2 Target 3 Target 4
19871.05 19906.3 19941.58 19976.89
Sell below: 19810.56
Stoploss: 19845.76
Target 1 Target 2 Target 3 Target 4
19785.28 19750.13 19715 19679.9
Support 1 Support 2 Support 3 Support 4 Support 5
19810.56 19775.39 19740.25 19705.14 19670.06
Resistance 1 Resistance 2 Resistance 3 Resistance 4 Resistance 5
19845.76 19881 19916.26 19951.56 19986.89
Easy way to spot change in characterIn this post, i discuss a simple way of when to start paying attention to a particular sector or a stock, with the example of IT sector
1) At point 1, as nifty is forming a bottom, IT is attempting to form a bottom as well, moving along with the index
2) As nifty continues to move higher, it forms a higher low at point 2, whereas IT has a big gap down and forms a lower low, clear underperformance.
3) at around point 3, this is the first time IT attempts to outperform the markets, printing a clear wide range candle, still underperforming overall. start paying closer attention once this happens
4) at point 4, nifty peaks and corrects, and IT falls along with the index, right from its previous resistance zones.
5) IT was a laggard, and continues to fall with the index, but after swing low, bounce back is of more magnitude, wide range candles are starting to form
6) point 6 is where we get clear confirmation of outperformance by IT index, as nifty forms a lower low, whereas IT forms a clear higher low. things are starting to change
7) even though IT remains in a stage 1 structure, signs of outperformance in the coming cycle are starting to show. when this happens, start going through individual stocks in the IT sector and prepare for the next cycle
How to use 30 Min High & Low First Candle by HSBHow to use 30 Min High & Low First Candle by HSB
This Indicator is designed to trade breakouts within a custom trading session. When the price crosses above the session's high line, it enters a long position with a stop loss at the session's low line. The script also provides options to customize the appearance of the chart, including displaying session lines and extending them if desired.
Before using this script for live trading, make sure to thoroughly backtest it and consider any modifications or improvements based on your specific trading requirements and risk tolerance.