Posts

"Unlocking Market Insight: The Volume Profile Indicator"

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  VOLUME PROFILE :- The volume profile indicator is a tool used in trading to show how much trading activity has occurred at different price levels within a specific time period. It looks like a histogram on a price chart, with bars representing the volume of trades at each price level. Traders use it to identify important price levels where a lot of trading has taken place, which can help them make more informed trading decisions. High-volume areas can act as support or resistance levels, indicating where prices are likely to change direction. Volume profile is a popular technical analysis tool in the stock market that provides valuable insights into trading activity at different price levels. Here are some interesting findings and insights that traders and analysts often discover when using volume profile: 1. Point of Control (POC): The POC is the price level with the highest traded volume within a specific time frame. Traders often consider this level as significant because it ...

"Trading Mindsets: Winners vs. Losers" Trader's most important Arsenal in Trading Journey!

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  WINNER & LOSER MINDSET GAME Trading Mindset Winner 1)       The Zen of Timing: Imagine trading like a game of catch. You don't jump blindly; you wait for the perfect moment to toss the ball. Similarly, in trading, patience is your best friend. Wait for the right moment to strike, like a ninja in the night.   2)       Mind over Emotions: Think of your mind as a superhero with the power to control emotions. When fear or greed try to take over, channel your inner superhero to stay calm and focused. Your trading decisions will thank you.   3)       Risk is Your Sidekick: Just like a daring adventurer needs a trusty sidekick, every trader has risk by their side. But remember, risk can be managed and controlled. Treat it like a loyal ally, and it will help you on your journey to profits.   4)       The Learning Quest: Think of trading as a treasure hunt...

"Cracking the Code: A Deep Dive into Intraday Stock Price Movements"

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  "Cracking the Code: A Deep Dive into Intraday Stock & Index Price Movements" An engaging exploration of the hidden patterns and secrets within the fast-paced world of stock markets. This research delves into the heart of real-time price fluctuations, offering valuable insights for traders and investors seeking to navigate the complexities of intraday trading successfully. Its important to identify the zone for a trader to be in right direction of the trend so that he can benefit from the movement of stock or index. So how to do this, its very simple just look below chart. Chart-1 is intraday chart of Nifty index 15-min. we plot zone on this chart. chart-1 * By plotting previous day high low and pivot point on above chart, it look like chart-2. chart-2 * Now after plotting Previous day High, Low & Pivot point you now able to identify the trend of Nifty index, in chart-2 if you observe properly you get clue that whenever index price trade above Pivot point or Previous...

31Aug 2023 Analysis

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🚀 Dive into Today's Trading Odyssey! 📊✨ As the sun rises on August 31, 2023 , we're decoding market magic with support, resistance, and Fibonacci retracement. Brace for insights that fuel success. Join me on Telegram and YouTube for a guided journey to triumph in trading! 📈🔥 Let's conquer the day together, one strategic move at a time. Don't miss out! 📣 #TradingTriumphs #UnlockingProfit #JoinTheJourney 🌐📺 Lets observe how day unfolds, I mark Support and resistance level and Fibonacci retracements for today

Unlocking the Hidden Patterns of Market Moves: A Real-Life Fibonacci Tale 📈🔍

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Unlocking the Hidden Patterns of Market Moves: A Real-Life Fibonacci Tale 📈🔍 Today, August 30, 2023 – a day that beautifully illustrates the magic of Fibonacci! 🌟 Let's delve into the chart that's creating waves and discover the Fibonacci phenomenon firsthand.  Picture this: Nifty bravely marches towards the resistance level of 19450, only to face a formidable challenge. As if adhering to some mystical script, it takes a nosedive right after hitting that mark. How does this relate to Fibonacci, you ask? Buckle up, because here's where the Fibonacci saga truly shines! Imagine tracing back to previous market highs and lows – the key turning points – and weaving them into the Fibonacci fabric. Weaving complete, we unveil a set of levels that read like a market oracle's prediction. Pay attention to the 0.50 and 0.618 levels – they're the crown jewels of this Fibonacci treasure trove. And guess what? Nifty, in its market dance, encounters the 0.618 level head-on, as ...

How to use Fibonacci retracement

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  Fibonacci retracement :- Fibonacci retracement is a popular technical analysis tool used in the s tock market to identify potential levels of support and resistance. It is based on the Fibonacci sequence and the Golden Ratio, which is approximately 1.618. Traders and analysts use Fibonacci retracement levels to determine areas where the price of a stock or other financial instrument may reverse or consolidate before continuing its trend. Here's how Fibonacci retracement is applied in the stock market: Identify the Trend: First, you need to determine the prevailing trend in the stock. This can be an uptrend (higher highs and higher lows) or a downtrend (lower highs and lower lows). Select Swing Points: Identify significant swing points within the trend. A swing high is a peak, and a swing low is a trough. These swing points should be clear and well-defined. Measure the Fibonacci Levels: Using a Fibonacci retracement tool, apply it to the swing points. The tool will draw horizonta...
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 BANKNIFTY Spot:- Watch trendline and Day High level, need to cross above these level or Reversal possible. Out of 13 Banknifty index, 9 stock positive and only 4 are negative so breath of Banknifty is still positive here @ 10:05.