Hammer Candlestick Reversals - Bullish & Bearish Setups🔹 Intro / Overview
In this idea, we focus on the Hammer candlestick pattern — both Bullish and Bearish variations.
The Hammer is a powerful reversal signal formed with a small body, a long shadow, and defined highs/lows.
When combined with EMA High–Low Band Confirmation and swing structure, it creat
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Types of Market ParticipantsIntroduction
Financial markets are vast ecosystems where millions of transactions take place daily, involving buyers, sellers, intermediaries, regulators, and institutions. Each participant plays a unique role, and together, they form the lifeblood of the global economy. Just like any well-function
S&P CNX Nifty Index Futures 1 Week View1. Technical Levels — Weekly Pivot Points & Fibonacci Zones
Thanks to TopStockResearch, here are the key pivot-derived levels for the weekly timeframe:
Standard Weekly Pivots:
Support 2 (S2): ~24,213.80
Support 1 (S1): ~24,000.80
Pivot (Central): ~24,830.70
Resistance 1 (R1): ~25,234.60
Resis
Nifty form Bearish Evening star. Correction expected.Annotations Patterns:
Master Candle on 30 min. Evening Star: Points to the recent high. A "master candle" refers to a large-range candle (here, likely on a 30-minute timeframe) that encompasses subsequent smaller candles, Combined with an "evening star" pattern—a three-candle bearish reversal (larg
Part 2 Trading Master ClassTypes of Options
There are only two main types of options:
(A) Call Option (Right to Buy)
A call option gives the buyer the right to buy the asset at a fixed price.
👉 Example:
Stock: Reliance is at ₹2,500 today.
You buy a Call Option at strike price ₹2,600, paying a premium of ₹50.
If Relianc
Big consolidation ahead in septemberNIFTY has been moving in a bullish channel until 25906 top made on June 30th.There was no major rejection or any reversal pattern ,from there NIFTY has been falling again in a down sloping channel. Usually channels tops and bottoms are retested. On 8th august NIFTY made a low of 24400 and from there
Monday's are notorious for swing lows and highs.
**📊 NIFTY FUTURES - Potential Bounce Setup from Key Confluence Zone**
**Key Technical Setup:**
• Long-term AVWAP anchored at 21,900 has turned flat, indicating equilibrium
• Multiple selling AVWAPs (red, white, yellow) are converging, suggesting exhaustion of selling pressure
• Market trading with
Nifty looks exhausted for upmove. Expecting downsideNifty is looking exhausted for up move, look to short at 25150 in future. For target of 24800. Keep SL 25300.
Rationale-
Macro picture of other charts look for a downside will be played. Nifty will not remain up if US and other market fall.
FII are not covering position even after positive ne
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for S&P CNX NIFTY INDEX FUTURES is Mar 31, 2022.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell S&P CNX NIFTY INDEX FUTURES before Mar 31, 2022.