Get started
S&P BSE Sensex IndexS&P BSE Sensex IndexS&P BSE Sensex Index

S&P BSE Sensex Index

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Components Options

SENSEX trade ideas

BSE Sensex Ending Diagonal CAUTION!Attached: Sensex Daily Chart as of 19th June 2023 The Ending Diagonal is more evident and clean in BSE Sensex rather than NSE Nifty 50 (although you can observe in Nifty as well), which is why I have chosen to share the Sensex Chart Observe: - A well defined trend line with multiple touch points - Presence of a Bearish RSI Divergence - Daily MACD already in Sell mode All that is needed is break of Today's Low and a Close below it (which would also give the Trend Line breakdown simultaneously) and then that would activate the Ending Diagonal/ Rising Wedge Breakdown The First Downside Target for this pattern would be point b which comes to 62380🎯📉
BSE:SENSEXShort
by T_Harth
Nifty May be a Nasha, but Sensex is the Sober Reality!Attached: BSE Sensex Daily Chart as of 25th April 2023 Yes you read the Title of this Post correct, to put it simply: Nifty is Deceptive but the Sensex is Truthful In the above BSE Sensex 30 Chart, we see that Price is facing Resistance at the Channel Trend Line drawn from the December 2022 High. There are presently 3 touch points already for the Channel and today marks the 4th touch point. So the Trend Down is still maintained going by this and NO Valid Breakout has taken place. While if I look at NSE Nifty 50 Chart, I cannot spot any such Channel that connects the Highs to give such a clean picture like the Sensex is currently giving us. So the Question is: Nifty or Sensex: Which Stock Index Should You Trust? My Answer: Trust the Truthful Sensex
BSE:SENSEXShort
by T_Harth
5 Tips For Managing Losing Trades (It Happens To Everyone)Losing trades happen. They are a part of the journey. There is simply no such thing as a trader or investor who wins all the time. All the famous investors or traders you know have LOST many times in their careers. It is perfectly normal. Did you know the famed hedge fund manager Ray Dalio lost everything in his 30s? He went broke. He had to start over from scratch. This post will address what losing trades really mean and how to deal with it. Before we begin, let us state the obvious: - Be careful of people who claim they don't lose. - Avoid people who flaunt win rates or success rates that are simply not possible. - Losing trades happen to everyone! You are not alone. Now, let's talk about what bad trades mean and 5 tips for managing them: Number 1: A losing trade is different from a bad trade The most experienced traders are well aware of their risk before they ever place a trade. Each losing trade is a small component of a bigger process that relates to a system, plan or strategy that has been thoroughly tested and studied. A losing trade is a calculated event for experienced traders. They defined their risk, position size, stop loss, and profit target. 🎯 A bad trade is very different. A bad trade implies someone risked their hard-earned money with no plan or process. A bad trade is reckless and indiscriminate trading. This often happens to new investors or traders who do not yet understand the time, studying, and research that goes into making a rock-solid plan. Be sure to remember the difference between a calculated losing trade and a bad trade with no plan or process. TradingView Tip: there are several ways to get started with a plan, system or process. Paper trading, backtesting and/or working with proficient traders who give valuable feedback are all ways to get started. Don't risk your money without first doing research. Number 2: Every losing trade provides data to get better As we've mentioned several times now, losing trades happen to everyone. But remember, losing trades are also filled with insightful information and data. You can learn a lot from analyzing losing trades. 🔍 At the end of each trading day, week or month, experienced traders will analyze their losing trades in detail. What patterns are appearing? What do they share in common? Why did they happen? With this information, a trader or investor can adjust their strategy based on what they've uncovered. Number 3: Do not let losing trades impact your health Your mental and physical health are just as important as your financial health. Do not let losing trades impact either of those. If your system is breaking down or several losing trades are starting to impact your emotions, step away from the computer or phone. Turn everything off and walk away. The markets have been open for hundreds of years and are not going away. When you're ready to come back, they'll be there. Get up, get some fresh air, and get back in the arena when you're ready. Number 4: Share your experiences with others Traders and investors across the globe want to learn from your stories and losing trades. These are invaluable experiences that we all share in common. Social networks allow you to chat, share, and meet people who are going through similar things. We can all learn from each other. Sure, the temptation to share your winners or act like the best trader who ever existed is tempting 😜 - but it's clear we learn together and get better when we share lessons from the loses. This is where the deepest insights are found, and together, it's where we can grow as a community of traders all trying to outperform the market. Share and ask for constructive feedback! Number 5: Keep Going Markets are a game of learning, relearning, and progressing forward. New themes, trends, and stories appear and disappear daily. The journey is long and it never stops. When implementing your trading plan or investing plan, it's important to do it with the long-term in mind. One or two losing trades in a single day or week is a small fraction of what's to come many months and years down the road. 🌎 Keep going. Keep building. Keep refining your plan. Study the data. We hope you enjoyed this post! We hope you learned something new or informative! Please leave any comments below and our team will read them. - TradingView ❤️ Feel free to check us out on Instagram , and Twitter for more awesome content!
Editors' picks
BSE:SENSEXEducation
by TradingView
28
Last call for the fall of Sensex?60652 resistance level can hold this down long term. Could ladder up to 61319 final hold level or 60862 could be the final low . This could be the beginning of bear market for Sensex if it breaks the 52804 support level . We might fall more than 20% or even more within 4 to 5 months depending on the volatility of the trader's decision or news spoiling their emotion towards a recession or even 41702 level possible?. If we can gain 60652 level, we might be somewhat safe.
BSE:SENSEXShort
by The_7hunder6olt
Failed breakouts at potential resistances and its implications A monthy chart of the sensex since 2008 showing Fibonacci retracements of the 08-09 fall show how the 1.618 retrace provided resistance in 2010, as well as providing resistance just a couple of percent below the 2.618 retrace in 2015 and now turning the market down just below the 4.236 retrace as well. In support of the current resistance theory is the failed breakouts the sensex/nifty have made. Thirteen months after breaking out of the highs made in October 2021, both indices reversed within a few days and are below the breakout lines without showing much intent to regain breakout status. Such failed breakouts can have major downside implications. Take care.
BSE:SENSEX
by Vimzz
1