Nifty on Radar | Renko ChartBase Zone : Uptrend Brick Size = 110 (Based on the Average Range) Entry Level = 4th Brick (22550) Stop Loss = 3rd Brick Low (22330) Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. Longby ssvirdi3
Types of Trading Strategies Hi mates and friends, Here i am sharing an educational post and it is about Various types of available trading Strategies in financial markets, So sharing some insight on this topic below mates and hoping the new entrants to trading and technical analysis will be able to learn something after reading this publication! There are various trading strategies that traders employ based on their goals, risk tolerance, and market conditions. Here are some common trading strategies: 1- Scalping Description: Involves making numerous trades throughout the day to capture small price movements. Objective: Take advantage of minute price changes, often within seconds or minutes. Tools: Requires high-speed trading platforms, real-time data, and often, automated trading systems. Risk: High due to the large number of trades and potential transaction costs. 2- Day Trading Description: Buying and selling financial instruments within the same trading day, avoiding overnight positions. Objective: Profit from short-term price fluctuations. Tools: Real-time data, technical analysis, and news feeds. Risk: Moderate to high, depending on market volatility and the trader’s skill. 3- Swing Trading Description: Holding positions for several days to weeks to capitalize on expected upward or downward market shifts. Objective: Profit from medium-term price trends. Tools: Technical analysis, chart patterns, and sometimes fundamental analysis. Risk: Moderate, with exposure to overnight and weekend market movements. 4- Momentum Trading Description: Identifying securities that are moving significantly in one direction on high volume. Objective: Ride the momentum until signs of reversal. Tools: Momentum indicators like RSI, MACD, and volume analysis. Risk: High, as momentum can reverse quickly. 5- Trend Following Description: Identifying and trading in the direction of the prevailing trend. Objective: Enter trades in the direction of the trend and exit when the trend shows signs of reversing. Tools: Moving averages, trend lines, and other trend indicators. Risk: Moderate, as trends can persist for a long time but also reverse unexpectedly. 6- Reversal Trading (Mean Reversion) Description: Identifying overbought or oversold conditions and trading on the expectation of a reversal. Objective: Profit from the price reverting to its mean or average level. Tools: Oscillators like RSI, Stochastic Oscillator, and Bollinger Bands. Risk: High, as betting against the trend can be risky if the trend continues longer than expected. 7- Breakout Trading Description: Entering trades when the price breaks above a resistance level or below a support level. Objective: Capture the initial movement when the price breaks out from a range. Tools: Support and resistance levels, volume analysis, and chart patterns. Risk: Moderate to high, depending on false breakouts and market conditions. 8- News-Based Trading Description: Making trades based on market-moving news, such as earnings reports, economic data releases, or geopolitical events. Objective: Capitalize on the volatility following news announcements. Tools: News feeds, economic calendars, and analysis of market sentiment. Risk: High, as news can lead to unpredictable market reactions. 9- Algorithmic Trading Description: Using computer algorithms to automate trading based on pre-defined criteria. Objective: Execute trades at high speed and efficiency, often exploiting small inefficiencies in the market. Tools: Trading algorithms, high-speed data feeds, and advanced computing power. Risk: Varies depending on the strategy coded into the algorithm. 10- Pairs Trading Description: Involves trading two correlated securities, buying one and selling the other. Objective: Profit from the relative movement between the two securities. Tools: Statistical analysis, correlation studies, and historical price data. Risk: Moderate, as the correlation between the two securities may change. 11- Event-Driven Trading Description: Focuses on events like mergers, acquisitions, or other corporate actions. Objective: Profit from price movements related to these events. Tools: Fundamental analysis, event calendars, and news feeds. Risk: Moderate to high, depending on the predictability of the event outcomes. Each of these strategies requires a different skill set, tools, and risk management techniques. Traders often experiment with multiple strategies to find the ones that best suit their trading style and market conditions. Hope you like my idea friends Best regards- Amit Educationby AMIT-RAJAN55116
NIFTY IN RANGEYou can clearly see that nifty is making a range between this two lines so trade accordingly.by jigarjogi130
Nifty Weekly Spot Chart Technical Analysis - 20-24 May📈 Nifty Weekly Spot Chart Technical Analysis: 📈 Weekly Levels for 20-24 May, 2024 📊 Weekly Movement Point: 22502 📉 Weekly Range in Points: 699 💰 Buy Above: 22253 💼 Average At: 22171 🎯 Buy Target 1: 22934 🎯 Buy Target 2: 23201 🛑 Buyer Stoploss: 22020 💰 Sell Below: 22088 💼 Sell Target 1: 22070 💼 Sell Target 2: 21803 🛑 Seller Stoploss: 22321 Don't forget to reciprocate your love by boosting, following, and responding. Your actions fuel my efforts to do even better for you! #nifty50 #Nifty #options #optionbuying #optiontrading #OptionsTrading #trade #tradingby NumroTrader118
Nifty 50 chart analysisIn the chart I have marked most important levels for NIFTY50. I'm expecting a bearish momentum for NIFTY50 in the coming days. Reasons for bearishness: 1. Strong resistance at 22782 2. Strong support at 21774 3. Buy zone and Sell zone with just 300 points difference 4. RSI going downwards Hence I feel market is moving downwards in the coming weeks. Shortby vasudevshenoy1
Historical Uptrend in Nifty since 2006Being curious enough to check whether NSE:NIFTY has already run up quite-a-bit recently such that it's a time to pack the backpack and take out everything from market, we looked into the Monthly timeframe of NSE:NIFTY from 2006, roughly last 18 years. That's a good amount of time, being considering how short-lived our memories are :sic: See the chart here. We marked out the various Falls NSE:NIFTY has encountered during last 18 years. The major lows have been marked in the chart as follows: 2007 Sublime Crisis & Lehman Brothers' collape 2016 Indian Banks NPA risen and the Demonitization/Note bandi related panic The Pandemic Crash The Monitory hawkishness across the globes' central banks and Rate hikes The USA Banking mini crisis (SVB failure. As our memories are shortlived, so mention more in the recent past (since 2020 March) than older ones. (Of course, for the brevity did not mention a few like Russia/Ukraine). Now a few observations to be pointed below: Other than March 2020 Pandemic, never the upward trending trendline is broken since last 18 years. Pandemic was a lifetime/never-before experience of mankind. Whole human civilization had not experienced it ever (neither it should experience also in future ever, God forbid). Even that bottom (marked as red circle in the chart) was short lived. Within 2 quarters it's regained mostly. The initial trendline from 2007 to 2020 was mostly 30-degree positive slope. Whereas Post pandemic the uptrend is near 60-degree slope. Even in this high paced upmove, the trendline was never violated even for a single month! Now keeping this in mind and looking at the current India story , it is highly unlikely that we will see a downfall in the mainline broader Indian market (Nifty, Sensex etc.) at all. May be, at most, the positive slope may decelerate from 60 degree to 45 degree or so one. But we are in a structural Bullish phase in Indian market and there is absolutely no price-action indicates in chart it's going to change any soon. Recommendation We marked various levels in the chart in purple colors, tagging the levels (21800, 20000, 18800, 16500 etc.) Any time, if ever Nifty falls to these levels. at least the chart does tell us to accumulate Nifty. Every significant dip in Nifty to be bought in. Neat/Clean/Clear indication in the chart's price action. Longby pradipandsuvra1
Nifty & Bank Nifty Analysis For Next Week 20 May-24 May 2024In this video, we'll discuss about Market's Last Week Movement and we will try to analyze Coming Week's probabilities in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment | 👥Share Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances. #TheStockMantra #MarketAnalysis #LearnStockMarket 07:51by TheStockMantra2222
17, 18 May 2024 - Nifty looks strong, bullish tone continues...There are a few changes to my daily postmortem report. After I started the MFD business, not getting enough time to write a detailed technical report daily. Thought I would send the reports every day on Thursdays after the Nifty's expiry. The detailed analysis and the 4mts, 16mts, 63mts chart will be explained on my personal blog as well. Here on Tradingview, I will continue to post daily with just the direction and a brief one-liner. You can always contact me if you need more explanation or synthesis. 17th may - Nifty defends 22295 but is unable to break 22519. Stance is still bullish. 18th may - 11.07 candle has a long tail, that went up to 22051 - quite strange though. Targets for Monday - bullish with 22519 to be taken out. Stance will revise to neutral if 22295 is brokenLongby viswaram1
Nifty on Radar - Weekly Review | 18 MayWeekly Marubozu bullish candle piercing the STMA band. 22800 could be tested, if broken then we have 23000+ levels and the potential target is 23800 on the projection scale. According to the volume profile the level of 22050 could act as a strong support and according to chart structure the support is 21800. For momentum reading the resistance is 22600. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.Longby ssvirdi5
I think nifty downtrend startsI think nifty will start downtrend from coming week . It may be due to election time nearby Disclaimer I am a learner and don't take trade on my view. It is just my viewShortby Pankaj_Learner0
NIFTY analysis for tomorrow 20 May | MondayAs we discussed, NIFTY has a bullish structure as it was tested on a disaster management system. That is exactly what happened today. The market had a huge volatility of 500 points in 10 min. There was no order flow; it was like a pump-and-dump scam. What is SEBI doing regarding these spikes? Let's see for tomorrow's setup- If we look at the chart now: The market is trading at the resistance level right now, as it was a disaster management system testing. There were not many players in the market. So there were no big moments. The important support levels 22293, 22100, on the other hand, 22609(minor resistance), and 22763 are going to provide a nice resistance. If we look at OI data: PCR = 1.25 shows a bullish structure. If we notice today after 11:15 AM, there is a heavy volatility with 500 points. However, there was no order flow in the OI data. 22500 is the maximum pain. 22400 and 22300 have good PE writing that is going to provide a nice support. On the upper side, there is less CE writing, which shows that the market is still going in a bullish direction. FII and DII data are not yet available. I am expecting the market to go higher in the upcoming sessions. Reasons: RSI crossing 60 to the upside might be the start of the new bullish trend. Price > EMA (13,200), which shows the market is ready to go bullish. PCR = 1.25 shows a very bullish sign. Price > VWAP means bulls are getting strength. The market has already given a breakout. It was a good accumulation today; soon, it will shoot to the upside. Verdict: Bullish Plan of action: Sell 22400 PE (Hedge with 15/- Premium) by finnova_10
Nifty Support & Resistance Levels for 18.05.2024Nifty is currently within the daily supply zone at 22409 to 22589, as mentioned earlier. Despite this, the trend on the weekly chart remains positive. A decisive crossover and close above 22600 could propel Nifty to new highs in the coming days. On the downside, the nearest support zone is identified between 22060 and 22142, with a farther support zone extending from 21922 to 22041. by PriteshPalUpdated 1
NIFTY DAILY - 17/5/2024Nifty opens with gap up and traded range bound throughout the trading sessions. Index made days high which is 22502. Nifty has formed a small body bullish candle on daily chart with upper and lower shadow. MACD is on urge of Crossover. Nifty is able to hold above 22400 so next resistance can be 22556 level with support of 22286 level. Bank Nifty levels Support – 47876 Resistance – 48527 Today’s Advance Decline ratio of NIFTY50 Advance - 27 Decline - 23 FII Buy + 1616.79 crores DII Buy + 1556.25 crores. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂by radha_23116
Nifty on Radar - 17 MayNifty likely to head higher. 22800 could be tested. And if that breaks, we have 23000+ levels coming. Today NIFTY bounced above the high of the compression zone and formed a bullish candle with High High and High Low on daily. Weekly candle bullish piercing the STMA band. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.Longby ssvirdi3
Nifty 1:5All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions SL 1Hr candle close only, Target Trigger Price by BUY_TODAY_TamilUpdated 5
NIFTY - History RepeatsAs my observation and history track, coming Monday or Tuesday we may see huge upside ..its intact. read the candle, support, volume and closing by SocietyPlayerUpdated 2281
Nifty levels - May 21, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities! by sacxe1
SELL NIFTY @ 22470 - 22450 | INTRADAY TRADESell Nifty @ 22470 - 22450 for 22410 and lower marked levels on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Shortby InvestPro_IndiaUpdated 2213
Nifty Weekly Analysis For 13-05-24 to 17-05-24Nifty Weekly Analysis For 13-05-24 to 17-05-24 21780 21900 is Major Support For Nifty. 22500 is the Resistance for Nifty. 21800-22500 is the Range for Nifty Next Week. If Nifty sustains above 22150, XABCD Activates, more upside possible and Targets are 22222/22460. Short Level Only Below 21780. Verdict: Upside to Sideways Market.Longby n99tradesUpdated 3
Nifty trend direction Nifty 22403 - Has resistance at 22415-22525. Support around 22285.Short covering drive the last hour of last trade. So have taken position Nifty 22500 PE @ 178 at Nifty 22420 at 15:21.by subraviUpdated 2
Nifty50 (17th May) 1/3If next hourly closing sustains below 22497 then 📉 📉 to 22202 as marked on the chart Hourly closing above 22497 is bullish 📈 📈 ( if it sustains then will post a updated chart ) Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises. by KilopapaUpdated 1
Nifty: swing levels1. From January 17 to till this day Nifty is travelling in a channel (Channel 1) with FOUR exeptions: A. On 19/04 index opened below the low level of this chart and closed inside the channel. B. On 9/05 index opened in the channel, but cloed below the low level of it. Approximately 220 points away from the lower line. C. On 9/04 and 10/04 candles were near the upper line of this channel, but they couldn't touch it. D. On 30/04 and 3/05 candles were near the upper line of this channel, but they couldn't touch it. 2. Based on these FOUR exeptions we can draw a new channel. (See channel 2.) 3. If nifty is going to respect the levels of this new channel it will touch the low level of this channel, it is 21800. And it may take support and continue its long term uptrend. 4. Be careful, if the index breaks the low level of this channel it may go further low. I AM NOT A SEBI REGISTERED ANALYST. And this is not a trading advise, this is just for educational purpose. by UnknownUnicorn9688328Updated 1