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Trend Analysis

Learn Bullish technical analysis pattern called DOUBLE BOTTOM The double bottom pattern is a bullish reversal pattern that occurs after a downtrend. It consists of two consecutive troughs of roughly equal price, with a peak in between. The pattern is confirmed when the price breaks above the peak with higher-than-average trading volume. Traders use the pattern to project a target price for the breakout. Traders may enter long positions in anticipation of the breakout. The pattern should be used with other indicators and analysis to confirm its validity.
NSE:NAVINFLUOREducation
by pratik2358
CLASSIC RSI SWING TRADE EXAMPLE: 15 MINUTE INTRADAY CHARTRSI is a versatile momentum indicator that tracks price trends as well as sideways consolidations, and gives trend change signals at or about the right times. Here a standard 14 period RSI is used to identify trend change from Stage-1 consolidation (accumulation) to Stage-2 rally (Markup) on the 15-minute NIFTY 50 chart. RSI bear-zone resistance is red horizontal lines, and the bull-zone support is the green horizontal lines - both on the RSI indicator. NOtes on the chart explains the trade structure in more detail.
NSE:NIFTYEducation
by RajuDatla
lets understand support and resistance in detail support and resistance they play a truly crucial role in trading If you want to trade like a pro, there's something you should know: Support and resistance, they're the stars of the show! this can be understood from the below:- Support is like a floor, it holds prices up high, Resistance is a ceiling, prices can't seem to fly. When prices hit support, they tend to bounce back, And when they reach resistance, they often lose track. These levels are key, they're a trader's best friend, They help you to enter, exit, and defend. So pay attention to support and resistance, my friend, They'll help you make profits and trade till the end! volume confirmation along with breakouts are beautiful
NSE:ANURASEducation
by pratik2358
[N] False Breakdown Case for Support and ResistanceNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. =======
NSE:AUROPHARMAEducation
by Amit_Ghosh
[N] Cases of False Breakouts and Minor BreakdownsNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. =======
NSE:MCXEducation
by Amit_Ghosh
How To Follow Market News Like a ProAs a member of TradingView, you have access to more than 100 news providers. Our excellent news providers cover every asset class. Learning how to manage market news is an important informational edge that takes time and practice - always know the latest stories about your favourite symbols and be in the know about what traders are talking about. In this post, we want to share a few tips for managing your news flow. 🗞️🎯 Before we get started, let us remind everyone how we recently enhanced our news by giving our members access to one of the world's preeminent news organizations - Dow Jones Newswire including the Wall Street Journal, Marketwatch, Barron's, Dow Jones Commodity Trader, and more. Where To Find News On TradingView 📰 To get started with news, first make sure you're logged into your account. Once you're logged in, there are several ways to access news. Let's take a look at each method. - Symbol pages have dedicated news sections that cover that symbol in great detail. For example, here's every important story about Apple and here's the latest breaking news about Tesla . Go to any symbol page of your choice, click News, and start reading. - Check out our global news flow page that brings all of our sources to one place. Once you've arrived, filter by the asset class of your choice. - Our corporate news page brings insider buying & selling, company press releases, and official financial filings all to one page. As an equity trader or investor, this page will keep you updated about key events happening in the corporate world. How To Find News On The Chart 📈 News can also be accessed directly from the chart. As everyone knows, breaking news can impact markets in a variety of ways. Open the chart and watch price, volume, and news all at once. This is an effective combination of tools that combines the biggest headlines with real trading activity. Here's how to get started: - Open your watchlist, select a symbol, and then look for the latest news headline as demonstrated in the image below. Click the headline to open a dedicated news feed for that symbol. And just like that you'll have markets news and the chart open at once: - Another way to add news to your chart is to open the Settings menu, click Events, and then check the box that says "Latest news." This box will display the latest market news directly on the chart you have open. Follow the instructions shown on the image below to get started. Go Deeper With Specific News For Your Needs 🌐 Depending on your style of trading or desired asset class, there are additional news resources for you to harness. Check out the list below for more pages where market news can be found: - Bond market news - Futures market news - Global market news Read News From Anywhere With Our App 📱 The official TradingView mobile app for iOS and Android is free to download and market news is available to all members. Once downloaded, you can follow global market news or news about your favourite symbols. The app allows you to sort by top stories, asset class, and the world economy. If you still don't have our app, get it here ! Thanks for reading! We hope this post helps you become a market master for following the latest news. Please let us know if you have any questions or comments. — Team TradingView ❤️ Feel free to check us out on Instagram , Telegram , and Twitter for more awesome content! 🙂
Editors' picks
MCX:GOLD1!Education
by TradingView
2
SMC 2 trades 7.5 RR and 3.75 RR1 trade buy : I was looking for an order block on the 1 hour timeframe, I found a buy position, I waited for choch or bos to do it, then I entered the trade, it happened as expected, then I waited for an order block in the demand itself on the 1 minute timeframe as seen in the picture. 2 trade sell: In basically the same principle, I found an order block on a 1-hour timeframe, I waited for bos or choch to do it, when the price returned to the demand, I looked for an order block on a 1-minute timeframe and entered the trade.
Education
by ElonMusk555
1
'STATES' of 'MARKET' - forms in which market can existProbably all of you have might have heard of 'states' of 'matter', let me remind you once again "state of matter is one of the distinct forms in which matter can exist" but why am I talking about this stuff it's because the Market also has 'states' of 'market' you can define them in the same way " state of the market is one of the distinct forms in which market can exist". I know many of you can't grasp it now but I can ensure you that by reading the entire article you would surely encounter one of the most striking observations. As we all know fundamental states of matter are:- -> Solid -> Liquid -> Gas So what are the fundamental states of the market? let me recap the definition once again "state of the market is one of the distinct forms in which market can exist". Okay, now I think many of you have figured out the 'states' of 'market', they are the following:- -> Sideways -> Downtrend -> Uptrend Yes, ' states' of 'market' are the trends cause the market can exist only in any form. If I wanted to talk about trends I could have simply described trends but that's not the case cause this publication will establish a relation between the 'states' of 'matter' and 'states' of 'market'. How are 'states' of 'matter' and 'states' of 'market' related? Let me relate them by their properties- -> Relation between Solid and Sideways - Solid The property of solids is they cannot move freely but vibrate due to strong intermolecular force. Solid has a stable and definite shape and requires external force when it's to be molded. - Sideways The property of a sideways market is that in a sideways market price doesn't move freely but consolidates in a range due to strong calls and put writers who bound the price in a range. The sideways market is stable and definite and requires an external buying/selling force to break the range in either direction. -> Relation between Liquid and Downtrend - Liquid The liquid being a fluid tends to flow. The density of liquid a quite high compared to gas hence it requires no external force while flowing downstream but requires a strong force to keep it flowing upwards. The speed of liquid downstream is always greater than upstream due to gravity in action. -Downtrend In a downtrend price also flows down the same as a liquid flowing downstream without any external force. Usually, the price plunges much faster as compared to the rise in price. If somehow a rise is witnessed in a downtrend then it fades out quite fast because to keep the price flowing upward a huge buying force as compared to the selling force is required. This is also the case when liquid flows downstream. -> Relation between Gas and Uptrend - Gas The gas being a fluid tends to flow. The density of the gas is quite low hence it rises naturally but requires external pressure in a downward direction to keep it flowing downwards. Gas has a very large intermolecular space hence its movement in a particular direction is quite slow and random. - Uptrend In an uptrend price naturally rises without any external force. Usually, the price rises much slow as compared to the fall in price. The nature of price in an uptrend is much similar to gas, as price movement in an uptrend is slow and random. Random because in an uptrend price gives more jerks as compared to a downtrend. Phase/Trend Transition:- Sideways <-> Uptrend (transition from sideways to uptrend market and vice-versa) - RSI can be used to identify the transition, in a sideways market RSI usually trades in the band of 40 - 60, when RSI crosses above 60 along with breaking the range indicates the beginning of an uptrend. - We can also term this transition as 'sublimation' cause the solid is changing to gas. - Same for vice-versa just the term would be changed to ' deposition ' as the gas is changing to solid. Sideways <-> Downtrend (transition from sideways to downtrend market and vice-versa) - RSI can be used to identify the transition, in a sideways market RSI usually trades in the band of 40 - 60, when RSI crosses below 40 along with breaking the range indicates the beginning of a downtrend. - We can also term this transition as 'melting' cause the solid is changing to a liquid. - Same for vice-versa just the term would be changed to 'freezing' as the liquid is changing to solid. Uptrend <-> Downtrend (transition from uptrend to downtrend market and vice-versa) - RSI can be used to identify the transition, when a divergence is witnessed in RSI and price chart this indicates the loss in strength of the internal force i.e. exhausting buying interest but still to confirm we could use 20 EMA if the price breaks below moving average with RSI divergence then it's quite possible a beginning of downtrend so what can we do is book our profits. - Downtrend is only confirmed when RSI starts trading below 40 but we can't wait till then and let our profits vanish so as soon as you get an indication book your profits. - We can also term this transition as 'condensation' cause the gas is changing to a liquid. - Same for vice-versa just the term would be changed to 'vaporization' as the liquid is changing to gas. In my prior post, I tried to relate "As above so below" harmony of nature with the market and now "States of Matter" with market trends this is all to make everyone know that 'Stocket' science is equally difficult as 'Rocket' science probably more cause here 'emotion' also comes in play which any other science lacks . Now, answer yourself do you still have a fantasy about 'Rocket' science or 'Stocket' science is enough to fulfill anyone's fantasy and do you know what's the best part of 'Stocket' science? it's everchanging .
NSE:NIFTYEducation
by Chaser30
2
The Ultimate guide to Market structure with 30+ Charts! Hey everyone!👋 In this post, we'll delve deep into market structure, presenting insightful examples to enhance your understanding of this concept. Introduction: ✅ Market structure is a framework for comprehending the movements and behaviour of markets. In layman's terms, it is a basic form of understanding how markets move. ✅ It can be seen as the flow of the price between a series of swing highs and swing lows. ✅ The market moves in trends, which are the result of various patterns and structures that form and evolve over time. Exhibit: Various structures and patterns evolving over time into different trends The market structure allows you to be in sync with the market and avoid counter-trend trading, which enhances the probability of your setups. Exhibit: Market structure favouring longs There are broadly 3 types of structures: 1. Bullish (Uptrend) 2. Bearish (Downtrend) 3. Ranging (Sideways) Illustration: Bullish market structure Illustration: Bearish market structure Illustration: Range market structure 📈 What is an uptrend? ✅ Characterised by a bullish market structure. ✅ Formation of higher highs followed by higher lows. ✅ For an uptrend to stay intact, it must preserve its ascending structure - higher highs must follow higher lows. 📉 What is a downtrend? ✅ Characterised by a bearish market structure. ✅ Formation of lower highs followed by lower lows. ✅ For a downtrend to stay intact, it must preserve its descending structure - lower highs must follow lower lows. ✅ Lower highs are allowed if the price goes into compression or re-distribution. ⚡ What is a range? ✅ A range is a zone where the price finds itself bouncing between two levels. ✅ These levels are - range high and range low. ✅ The size of the range is dependent on different factors such as asset class, demand-supply, volatility, etc. A lot of times, the structure won’t be as clear as you want it to be. Conversely, sometimes the structure will replicate the textbook. Hence, you need to be flexible in your approach. Sometimes, trading in range-bound markets can be challenging due to the choppiness in price movements. However, when the price action is more defined, some traders may prefer to trade the range by executing breakout trades or mean reversion trades from the range high to the range low or vice versa. It is better to combine market structure with other concepts/indicators for better results. Exhibits: Bullish market structure ATUL Industries Tata Consultancy Services Rain Industries Indian Hotels Navin Fluorine Delta Corporation Gujarat Gas Page Industries Titan Company ITC Exhibits: Bearish market structure Birla Soft Tech Mahindra Indiabulls Housing L&T Housing Grasim Industries Biocon Tata Power Canara Bank NMDC Bharat Petrol Exhibits: Ranging market structure Granules ITC Syngene Hindustan Copper Thank you for taking the time to read this. I hope you found it to be informative and useful. Much love, ❤ Rajat Kumar Singh (@johntradingwick) Community Manager (India), TradingView
Editors' picks
NSE:ITCEducation
by johntradingwick
22
A FEW PARAMETERS TO FILTER STOCKS FOR INTRADAY TRADINGThere are few things to be considered before selecting a stock for intraday such as, 1)Volume 2)Price 3)Mimicking Stocks VOLUME: Always Select a stock which has a high liquidity, which means the stock should have at least average daily volume of above 1 million (10 lakhs). PRICE: Many would not consider this as a important parameter. but it must be considered. Choosing penny stocks for intraday is not a good choice at all. Always prefer stocks trading above Rs.100 for intraday MIMICKING STOCKS: Look for the stocks which move in sync with the index. So when the index moves upward/downward, there is a high possibility for the stock to go up/down similarly. Few such examples are 1)Nifty & Reliance, 2)Bank nifty& HDFC Bank, 3)Nifty IT & TCS. SUMMARY #Make a List of 10 stocks, which have good volume (>10 lakhs) & price above 100 #Try to Pick stocks from F&O category as they are the most liquid stocks & these stocks can't be manipulated easily by the operators. #Make sure the 10 stocks are from various industries. Because if we pick stocks from same industries, they are likely to move in tandem. #As a beginner, one should trade within only those 10 stocks every single day for at least 6 months. The reason behind is, every stock has a certain behaviour of its own & when we trade same stocks for a long time, one will get to know the in & out of the stocks & eventually be better at trading. #Another good reason is, every stock is subjected to move according to its corporate action ( Earnings, AGM, Dividends etc.,) So it becomes easy to pay attention to the news related to a particular company, when we trade very few stocks. SAMPLE 10 STOCKS LIST: Finance 1)SBI 2)ICICI Pharma 3)SUNPHARMA 4)BIOCON Auto 5)MAHINDRA & MAHINDRA 6)TATA MOTORS IT 7)INFY 8)TECHM Fmcg 9)HINDUNILEVER Metal 10)TATA STEEL Disclaimer : These are not rigid rules. All the above said are the things which am using for long time successfully. If you are successful with any other method, please continue that. Happy Profit Making, Divyaa Pugal
Editors' picks
NSE:NIFTYEducation
by Divyaapugal
23
Sadhna Broadcast - How Price Action & Dow Theory shows the scamThis is why it is important for Price Action traders to exercise caution and not rely solely on historical price movements. While price action analysis can still be effective in predicting market movements, it may be less reliable in scenarios where unexpected news or events can impact the market. The third tenet of Dow Theory states that trends have three phases – accumulation, public participation, and distribution. In the accumulation phase, smart money enters the market and begins buying shares. In the public participation phase, the general public begins to participate in the trend, driving prices higher. In the distribution phase, smart money begins to sell shares to the public, leading to a decline in prices.
BSE:SADHNAEducation
by Amit_Ghosh