Todays Bit coin chartBitcoin took exact rejection from the demand zone and reaching the target of supply zone .
We trade when price reaches a key zone, observe the behavior of price and then take in the direction of price so here it took rejection so we initiated a buy trade keeping target of supply zone .
X-indicator
PERSISTENT SYSTEMS LIMITED - A GOOD BUY ON MY PERFECT SETUP RULEName :- Persistent Systems Ltd. (NSE)
Present Status (Fisher Transform Indicator):-
3M Up
1M Up
1W Down like KOL
1D Down like FFHTSI
4H Fisher 2 Bottom
LOGIC = Question for recommendation and Answer of the same.
Present Chart – 4H Chart with Fisher and TSI
Question 1: Has 2Bottom / Higher Low Fisher trigger next time frame Fisher positive Cross at Bottom?
Answer 1: Yes, 4H Fisher 2 Bottom trigger 1D Fisher positive Cross.
Question 2: Is this support for next time frame?
Answer 2: Yes, Since 3Month & 1Month Fisher (Long term trend) are up and fall target (Support) almost met at 1W KOL, 1D FFHTSI and 4H 2Bottom Fisher.
Question 3: Is this support for next time frame?
Answer 3: Yes, Since 3Month & 1Month Fisher (Long term trend) are up and fall target (Support) almost met at 1W KOL, 1D FFHTSI and 4H 2Bottom Fisher.
Question 4: Has 3M and 1M reached Top?
Answer 4: No, there is still up move on the cards.
Question 5: What was SUPPORT ?
Answer 5: Answer at Q. No 3.
Question 6: What will be Up side target (Resistance) ?
Answer 6: Resistance will be 4H extreme Top Fisher and TSI Top. (From extreme Bottom to extreme Top 4H Fisher and TSI also to Top. 1Day Fisher like 2 Top.
Question 7: Is this stock near 52 Week High (Strong)?
Answer 7: Yes, near 52 Week high. Please Check Data of 52 Week high from site.
Question 8: When this recommendation will fail ?
Answer 8: It will fail only when there is simultaneous 1Week TSI and 1M Fisher negative crossover. In this case 1Day Fisher will fall below 0 and 1Day TSI will fall near 0. In brief, when 1M Fisher turn negative.
Question 9: If situation in Question No. 8 meets, will this trend turn negative ?
Answer 9: No, It will require a lot of efforts to turn 3Month Fisher Down and will take weeks of time to turn 3Month Fisher Down unless 3Month itself would be at extreme Up in Fisher.
ANY CHART PATTERN – Falling Wedge as well as FLAG pattern on 4H Price Chart.
Reference – As I can not use 1M 1W and 1D Chart in this box (PUBLISH), therefore would request you to check what I have stated above for reference and understanding. Only 4H Chart is published due to this reason.
Abbreviations used by me in my PUBLISH –
Time Frames – 1M (1 Month Interval), 1W (1 Week Interval), 1D (1 Day Interval), 4H (4 Hour Interval) 1H (1 Hour Interval) 15M (15 Minute) 5M (5 Minute Interval).
Fisher – Fisher Transform (An indicator)
TSI – True Strength Index (An indicator)
KOL – Kiss of Love – True Strength Line falling and touch Signal Line down
KOD – Kiss of Death - True Strength Line rising and touch Signal Line up side
FFHTSI – It is a phenomenon where Fisher rise far above 0 (Top) while TSI rise upto only 0 – little more or little less. So, Fisher rise to full lenghth and TSI rise only half of the full length i.e. Bottom to Top. It is called Full Fisher Half TSI due to its characteristic.
Bottom – When an indicator reach far below 0
Top – When an indicator reach far above 0
Do It Yourself (DIY)
There are lots of other Shares exhibiting these types of patterns, but it takes a lot of time to analyse each and every stocks. With above logic, you may analyse other shares: In order to fit above analysis, 3Month and 1Month Fisher should be UP and not at extreme top (because that is a warning signal, for example NIFTY Chart on 1st October 2024 where all indicators turned down from extreme TOP – Please see for reference what I mean by Top in NIFTY. Have a look at Nifty 01-10-2024 Fisher 3M 1M 1W 1D Charts and believe me you will learn a lot simply by this NIFTY Chart to understand what is Top to exit from position).
Disclaimer:
This is for informational purposes only, not financial advice. Trade at your own risk. I am not a SEBI Registered Research Analyst.
Nifty Trading Strategy for 13th January 2025Nifty Trading Strategy
Buy Strategy:
Entry Point: Buy above the high of the 15-minute candle that closes above 23,577.
Targets: 23,630, 23,680, 23,720
Sell Strategy:
Entry Point: Sell below the low of the 15-minute candle that closes below 23,340.
Targets: 23,297, 23,240, 23,180
Disclaimer:
I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Gold Trading Strategy for 13th January 2025Gold Trading Strategy
Buy Strategy:
Entry Point: Buy above the high of the 15-minute candle that closes above 2700.
Targets: 2708, 2715, 2723
Sell Strategy:
Entry Point: Sell below the low of the 1-hour candle that closes below 2677.
Targets: 2664, 2655, 2643
Disclaimer:
This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
13th jan nifty 50 analysis when to buy nifty callshello guys,
i have provided video analysis of nifty 50 for 13th january
majority of participant believe mkt will collapse tomorrow
this might or might not happen, but market has habit of being unpredictable,
i believe post gap down some short covering might come which can take market to 23470 or 23540
i have also asked a question in video which u can reply in comment section
Nifty key levels for 13.01.2025Nifty key levels for 13.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
RSI in trading The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security.
The relative strength index (RSI) is an indicator used in technical analysis to determine overbought and oversold conditions, which provides traders with buy and sell signals (when to enter and exit positions). Values above 70 indicate overbought conditions and those below 30 indicate oversold conditions.
Option Trading 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.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
MACD part 2 in trading Narrator: The moving average convergence divergence, or MACD, is a trading indicator, which can help measure a stock's momentum and identify potential entries and exits. The MACD is a lower indicator, meaning it usually appears as a separate chart below a stock chart.
RSI and MACD are two valuable instruments for technical traders. The RSI is particularly effective in identifying instances where the market is either overbought or oversold in range-bound conditions. The MACD, on the opther hand, is most useful in trending markets as it highlights changes in momentum and trends
MACD in trading The Moving Average Convergence/Divergence indicator is a momentum oscillator primarily used to trade trends. Although it is an oscillator, it is not typically used to identify over bought or oversold conditions. It appears on the chart as two lines which oscillate without boundaries.
Narrator: The moving average convergence divergence, or MACD, is a trading indicator, which can help measure a stock's momentum and identify potential entries and exits. The MACD is a lower indicator, meaning it usually appears as a separate chart below a stock chart.
Prepare to BUY Spot ATMUSDT (D1-W Cycle)🚀 Prepare to BUY Spot ATMUSDT (D1-W Cycle)
🌟 ATMUSDT is showing strong bullish potential – Ideal for a mid-term trade! 🌟
🌍 Market Overview:
ATMUSDT is currently positioned for a potential breakout based on D1-W analysis. The technical setup indicates a high-probability trade opportunity with a solid profit margin.
📊 Trade Plan:
📌 Entry Point:
Around $2.127 – Optimal range for accumulation.
🎯 Target:
35% profit – Targeting a significant price increase in the upcoming trend.
⏳ Hold Time:
Maximum 2 weeks – Aligned with projected D1-W cycle growth.
💡 Note:
Keep an eye on market conditions and adjust your exit strategy if necessary to secure profits as the target range is approached.
🔥 ATMUSDT is gearing up for its next move – Don’t miss this opportunity! 🔥
option and database trading 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.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
Prepare to BUY Spot RADUSDT (D1-W Cycle)🚀 Prepare to BUY Spot RADUSDT (D1-W Cycle)
🌟 RADUSDT is signaling a bullish setup – Perfect for short-term gains! 🌟
🌍 Market Overview:
RADUSDT is showing strong potential for a bullish move based on D1-W analysis. This creates an ideal opportunity to capitalize on the upcoming price surge.
📊 Trade Plan:
📌 Entry Point:
Around $1.347 – Optimal price zone for accumulation.
🎯 Target:
30–45% profit – Expecting a significant price movement in the short term.
⏳ Hold Time:
Maximum 1 week – Strategically aligned with the projected market cycle.
💡 Note:
Monitor price action closely to lock in profits as the target range approaches.
🔥 RADUSDT is ready for its next move – Position yourself today! 🔥
Tata Consumer cmp 972.80 by Weekly Chart viewTata Consumer cmp 972.80 by Weekly Chart view
- Price Range 865 to 890 Support Zone
- Price Breakout sustained above Falling Resistance Trendline
- Volumes are steady and edging above the avg traded quantity
- Bullish "W" or probable Double Bottom around the Support Zone area
- Weekly Support at 920 > 865 > 780 with Resistance at 1045 > 1120 > 1190
Database trading Part 2Assets which can be considered trade secrets may include 'know-how' databases, recipes, technical designs, software code or even pricing matrices, and must be protected via the implementation of a trade secrets policy.
Paper trading, also known as virtual trading or simulated trading, is a practice that allows beginners and experienced traders alike to simulate the process of buying and selling financial assets, such as stocks, without using real money.
Technical trading Technical analysis is a trading strategy used by investors to identify new investment possibilities. To anticipate future price movements of stocks or other assets, for example, past price and volume data is studied and shown on graphic charts, where trends, patterns, and technical indicators can be identified.
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.
Database trading Data Storage Formats
TLDR; ArticDB looks to be the best current option.
CSV - Simplest, slowest, largest and no data types can lead to type errors when loading.
SQL Database - typically transactional row store (OLTP), slow for analysis (OLAP), difficult to shard and parallelize workloads over clusters.
Selling Dominates Nifty Bank: Technical Outlook for Key Stocks◉ Nifty Bank Technical Outlook NSE:BANKNIFTY
● The index has broken below its trendline support and is currently testing its immediate support zone between 48,300 and 48,600.
● If selling pressure persists, the index may plummet another 5% to find support around the 46,000 level.
◉ Key Constituents' Technical Standings
Let's dive into the technical analysis of the top Bank Nifty constituents to gauge their current standings and potential future movements.
1. HDFC Bank (Weightage - 28.11%) NSE:HDFCBANK
● As the leading component, HDFC Bank is poised to exert downward pressure on the overall index.
● The stock has broken below its trendline support and has been falling continuously for the last 6 trading sessions.
● Support level is expected somewhere between 1,600 - 1,610 level which is around 3.4% below from the current level.
2. ICICI Bank (Weightage - 24.98%) NSE:ICICIBANK
● The stock has also fallen below its trendline support and is currently hovering just above its immediate support zone.
● If this support is breached, a significant correction could drive the price down to around 1,150.
3. Kotak Mahindra Bank (Weightage - 8.80%) NSE:KOTAKBANK
● The stock has been consolidating within a range for almost 4 years.
● Recent chart patterns suggest the price may test its support zone again, around 7.7% below the current level.
4. Axis Bank (Weightage - 8.54%) NSE:AXISBANK
● Axis Bank's chart shows a bearish pattern, similar to HDFC Bank's, and is likely to experience a fall of around 6%.
5. State Bank of India (Weightage - 8.45%) NSE:SBIN
● The stock is currently positioned just above its immediate support level, suggesting a strong potential for a rebound from this point.
Hdfc Bank cmp 1656.75 by Weekly Chart viewHdfc Bank cmp 1656.75 by Weekly Chart view
- Price Band 1725 to 1775 Resistance Zone
- Stock has been trading majorly in a price range of 1360 to 1725
- The Stock made an ATH 1880 in December 2024 to sustain just briefly
- The stock has once again broken down to be back within the trading range
- Volumes are gradually falling post the ATH and below average traded quantity
HMT's time is comingAs per advance technicals above 77.50 price may try to achieve final target of 163.
HMT Ltd., incorporated in the year 1953, is a Small Cap company (having a market cap of Rs 8,736.89 Crore) operating in Auto sector.
HMT Ltd. key Products/Revenue Segments include Watches, Food Processing Machinery, Spares And Accessories, Sale of services for the year ending 31-Mar-2024.