Stock Indices use a portfolio of representative companies (usually spanning major industries) to reflect the status of the whole stock market. There are basically three kinds: global, regional and national. Global indices include companies regardless of where they are traded. Regional indices include companies from a certain region and national indices include companies from a specific nation. Stock Indices are used to get an indication of the market's overall direction. Some analysts use them as a barometer of the underlying economy.
Indices can be comprised of tens to hundreds of stocks and each index calculates the weighted average differently. Some weigh the stocks equally (equal weighting), others take company size into account (capitalization weighting) and others use a hybrid method (modified capitalization weighting). Stock Indices are tradable entities themselves. A currency index is a measure of the value of a specific currency relative to other select currencies. Indices like the US Dollar Index or the Euro Currency Index are used to gauge the strength of those respective currencies.
After End of Nation's Yly BIG Event - PM's Independence Day Speech
Is NIFTY' Prepares to move 11115 - 11092 - 10967? - Global Ques also say so
Though Morning DOJI Star (Bullish pattern) formed in Candle stick Pattern.
In UPSIDE 11440 - 11453 - 11477 - 11492 Looks Crucial.
Can't witness NEW CLOSING HIGH in Coming Trading Session.
NIFTY' Future Levels for ...
Market breadth is not supporting nifty up move. See nifty underlying asset(HDFC BANK, RELIANCE, ex50) VOLUME AD and NIFTY Advance and Decline of underlying stocks. There is a huge fear in market due to - See INDIA VIX
Don't just rely on chartist's, ask yourself some fundamental questions. For Day trading use Breadth tools(Market Internals) to see the inside ...
Two opportunities - First Long & Later Short
20:16 Hrs 16th Aug 2018
Last Price - 11385
Looking for an upside push with final leg in bearish bat pattern whose PRZ falls between 11455-11465 -
Once Nifty pushes in the upside zone of 11455-11465 & faces resistance then you may look to sell for lower targets downside.
Trading Strategy
Plan 1 - Buy for ...
1) CNX Pharma on verge of breaking 1 year trendline
2) Making higher highs andhigher lows since jun 6
3) currency depreciation and new launches in usa market will give support to bottomline
Nifty: bulls returned with a big bang on Tuesday after taking support of 15 DMA on Monday. Nifty on Tuesday raised its head a ted above 5 DMA (possible return of momentum with bullish inclination). International issues may weigh down on Indian market as the same has an impact on S&P and Asian markets.
OI Table: On Tuesday bulls increased their position on 11400 ...
Ger30 is falling badly.
Turkey doubled the tariff on some US imports as a retaliation so we are expecting Trump to trump.
Also, China filed complained in World Trade Organization on the tariff imposed.
Technically, if this pattern is validated with the continuation of red, it will be a deadly one!
Its every trader's dream to be a profitable & successful trader. And everybody enter to the trading world thinking they can be profitable. Only 5% traders are profitable. How they are different from the 95% traders?
Success and profit needs certain characters apart from the technical knowledge and proper mindset. The most important character a profitable trader ...
Previously I was suspecting a major Downfall, but with the way NIFTY is setting up on the Daily chart, It does look like its on it's way to hitting 11500. If it breaks 11500 which itself is a Physco Level, Bulls might get on and push the price to 11550 - 11600
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Please don't shoot me if it goes down :) 1 lot in NIFTY Futures and a 100 point loss is only Rs.7500. ...
06:45 Hrs 12th Aug 2018
Last Price@28125
Risk Management
The calculation of risk/reward is very easy. You simply divide your net profit (the reward) by the price of your maximum risk.
You notice that XYZ stock is trading at Rs100 & after doing your analysis –you are sure that it shall move to Rs140 & you can take profit of Rs40 per share.
You have Rs 1000 for ...
AS WE SEE NIFTY IS POSITIVE TODAY AND IS IN A CHANNEL FOR PAST FEW DAYS NOW ITS EITHER GONNA STAY IN A CHANNEL O BREAK OUT OF IT IF IT DOES BREAKS OUT THEN WE CAN TAKE LONGS ON RETEST OF THE ZONE.
Ok, so far as BN is continuing its bullish momentum.
SBI has results on Friday.
Which they will probably declare aftermarket.
That's the last leg.
And Trump drama is going on. So Though I am not checking things fundamentally. Technically it will be a stressful day.
Whenever BankNIFTY comes down the previous day low, I will sell 28100 PE 28000 PE and trail them ...
