Get started

X-indicator

EUR/NZD 4-Hour Chart AnalysisKey Observations: 1. Support Zone: - The price is currently testing a key support zone around 1.82880–1.83160. 2. Uptrend Break: - The ascending trendline has been broken, indicating a potential shift in momentum from bullish to neutral/bearish. 3. Trading Ranges: - Resistance Above: Potential resistance is visible near 1.8450–1.8500, in case of a bullish recovery. - Support Below: If the price breaks below the current support, the next levels to watch are: - 1.8143 (intermediate support). - 1.7986 (major support). - 1.7806 (long-term support). --- Trading Scenarios: 1. Bullish Continuation: - If the price holds above 1.8315, a bounce toward the previous highs near **1.8450–1.8500** is possible. - Entry: Above 1.8350. - Targets: 1.8450, 1.8500. - Stop-Loss: Below 1.8300. 2. Bearish Breakdown: - If the price closes decisively below 1.8315, it could trigger further downside toward 1.8143 and possibly lower. - Entry: Below 1.8300 (watch for retest). - Targets: 1.8143, 1.7986, 1.7806. - Stop-Loss: Above 1.8350. --- - Be cautious of false breakouts and wait for confirmation (such as a strong candle close) before entering trades. - Use proper risk management with defined stop-loss and target levels. --- Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making investment decisions. Trade responsibly.
Short
by PhD_Swingtrader
Option and database trading An option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is the price at which you can buy (call) or sell (put) the stock The Bottom Line. You don't need a considerable sum of money to become an options trader. You can start small with a capital of less than Rs 2 lakhs too. However, as you start small, you need to be a careful trader so that you can cut down on the possibility of losses and enhance the return potential of your trades
BSE:LTTSEducation
by SkyTradingZone
2
RSI divergenceRSI divergence happens when the price and the RSI move in opposite directions. This signals that the current trend may be losing momentum and could reverse soon. For example, if the price keeps rising but the RSI starts falling, it could mean the uptrend is weakening. How RSI Works. RSI values are typically used to identify overbought and oversold conditions. A reading above 70 suggests that the asset may be overbought and could be due for a downward correction. On the other hand, a reading below 30 indicates that the asset may be oversold, signalling a potential upward reversal.
BSE:SENSEXEducation
by SkyTradingZone
Bearish Trend Testing Key Support LevelsKey Observations: Downward Channel: The price is moving within a defined downward-sloping channel, indicating a bearish trend. The upper boundary of the channel near 570 INR is acting as resistance, while the lower boundary could act as support. Fibonacci Levels: The price is currently near P Fibonacci support (~510 INR). A breakdown below 510 INR could lead to the next support at S1 (~430 INR). Consolidation Zone: The stock had been trading between R1 (~651 INR) and S1 (~425 INR) before breaking into the downward channel. Resistance levels to watch: 570 INR (channel resistance) and R1 (~615 INR). MACD Indicator: MACD shows strong bearish momentum, with the MACD line below the signal line and a red histogram. Momentum remains negative, suggesting further downside unless a reversal occurs. Volume and Price Action: No significant volume spikes indicate a lack of strong buying support currently. Recent candles suggest selling pressure dominates, with no reversal patterns forming yet. Potential Scenarios: Bearish Continuation: If the price breaks below 510 INR, the next critical support level is at 440 INR (S1 Fibonacci level). A further breakdown could extend the decline toward S2 (~370 INR). Bullish Reversal: A reversal pattern (e.g., hammer, bullish engulfing) near 510 INR could signal a recovery toward 570 INR (channel resistance) or even 615 INR (R1). A breakout above 570 INR would indicate a potential end to the downward trend. Conclusion: REC Ltd is in a bearish trend, trading near key support levels. A breakdown below 510 INR could lead to 440 INR, while a reversal at this zone could signal recovery. Traders should monitor the 50 INR level closely for confirmation of direction.
NSE:RECLTD
by TrueVithbyVishwanath
ADX in trading The average directional index (ADX) is a technical indicator used by traders to determine the strength of a financial security's price trend. It helps them reduce risk and increase profit potential by trading in the direction of a strong trend. Key takeaways. Average directional index (ADX) is a short-term chart indicator. It can be used to help you evaluate the market or an investment's strength. ADX currently suggests the short-term momentum behind stocks may be strong, with a caveat.
NSE:NIFTYEducation
by SkyTradingZone
Option in 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. 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.
NSE:NIFTYEducation
by SkyTradingZone
divergence tradingDivergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. This means fewer trades but if you structure your trade well, then your profit potential can be huge. Divergences on shorter time frames will occur more frequently but are less reliable.
BSE:LTTSEducation
by SkyTradingZone
Price action trading In simple terms, price action trading is a technique that allows a trader to read the market and make subjective trading decisions based on recent and actual price movements, rather than relying solely on technical indicators. In general, trading Price Action patterns comes down to the following steps: Define the current trend you are going to trade. Mark the key support and resistance levels in the chart. Expect the price correction to the strong levels.
NSE:NIFTYLong
by SkyTradingZone
1
PCR in trading The Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment. A PCR at one (=1) suggests that investors are purchasing the same amount of put options as call options and signals a neutral trend going forward. No PCR is considered ideal, but a PCR below 0.7 is typically viewed as a strong bullish sentiment while a PCR above 1 is typically viewed as a strong bearish sentiment.
NSE:BANKNIFTYEducation
by SkyTradingZone
Consolidation with Bearish Momentum Near Key Support The chart shows Bank of Maharashtra in a consolidation phase between 51 INR (support) and 72 INR (resistance). The MACD indicates bearish momentum with a negative crossover and histogram. Price is near the S1 Fibonacci support level, and a breakdown could lead to lower supports (S2 or S3). Watch for reversal patterns like hammer or bullish engulfing at support for recovery, or further bearish continuation if support breaks.
NSE:MAHABANK
by TrueVithbyVishwanath
Testing Key Support with Bearish MomentumTata Power is consolidating between 370 INR (support) and 470 INR (resistance). The MACD shows bearish momentum with a negative crossover and declining histogram. If 370 INR breaks, the next major support lies at 336 INR. The weekly chart of Tata Power indicates a consolidation phase, with the stock trading between 370 INR (support) and 470 INR (resistance). Currently, the price is testing the S1 Fibonacci level (~370 INR), a critical support zone. The following are key observations: Key Observations: MACD Indicator: A bearish crossover is evident, with the MACD line below the signal line. The histogram is negative and declining, signaling strong bearish momentum. Support and Resistance Levels: Current Support: Immediate support is visible near 370 INR (S1 level). Further Downside: If 370 INR breaks, the next critical support level lies around 336 INR (S2 Fibonacci level). Resistance: The stock faces resistance near 470 INR (R1 level). Price Action: The stock is in a downward trend after failing to sustain above its range near 470 INR. A potential breakdown below 370 INR could lead to further bearish action toward 336 INR, a strong historical support. Possible Scenarios: Bearish Continuation: A breakdown below 370 INR would confirm bearish sentiment, with the next support at 336 INR. Traders should watch for strong bearish candles to confirm this move. Reversal Potential: If the price consolidates or forms reversal patterns like a hammer or bullish engulfing near 370 INR or 336 INR, it could indicate a potential recovery toward the upper range. Conclusion: Tata Power is currently at a crucial support zone. A breakdown could lead to further downside, with the next key level at 336 INR. However, any signs of a reversal could present an opportunity for recovery. Traders and investors should monitor price action closely near these levels.
NSE:TATAPOWERShort
by TrueVithbyVishwanath
This is HOW and WHAT the Institutions BUYTriveni Turbine Limited is a leading manufacturer of industrial steam turbines. With over five decades of experience, they design, manufacture, and deliver advanced technology steam turbines up to 100 Megawatt Electric (MWe). Their products are used across various industries, including power generation, petrochemicals, and more. Here are some key points about Triveni Turbine: Global Presence: They have a presence in over 80 countries. Comprehensive Solutions: They offer engineered-to-order solutions, including refurbishment services through their Triveni REFURB program. High-Tech Precision: Their turbines are known for high-tech precision and efficiency. Diverse Applications: Their steam turbines cater to a wide range of pressure and flow applications. Look in to the charts for my levels.
NSE:TRITURBINELong
by deep1998sukh
One of my charming champions WELCORP.Welspun Corp Limited is a leading manufacturer of large-diameter pipes globally. They produce a variety of products including BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated) Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. WCL has a strong global presence with manufacturing facilities in India, the United States, and Saudi Arabia. They are committed to ESG (Environmental, Social, and Governance) goals and are continuously expanding their product offerings to cater to both B2B and B2C markets. I am entering again at 749 (GTT already placed today) for the target of 856 and with a stop loss at 721.
NSE:WELCORPLong
by deep1998sukh