NIFTY Volatility Analysis 21-25 Nov 2022 NIFTY Volatility Analysis 21-25 Nov 2022
We can see that currently the implied volatility for this week is around 2%, according to INDIA VIX data
(INDIA Volatility Index )
With this in mind, currently from ATR point of view we are located in the 11th percentile, while according to INDIA VIX, we are on 2th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.89% movement
Bearish: 1.5% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 21.1% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 18610
BOT: 17882
Taking into consideration the previous weekly high/low, currently for this candle there is :
66% probability we are going to touch previous low of 18220(already hit)
31% probability we are going to touch previous high of 18460
Lastly, from the technical analysis point of view, currently 80% of the weekly moving averages are in a bullish trend, and
a combination of moving averages and oscillators are in 31% bullish stance
India
Ultratech cement Breakout of reverse head and shoulder a stock is ready for the breakout of reverse head and shoulder pattern on the charts of ultratech cement. And there is a huge buildup near the neckline area. Buy Between 6900-7000 and keep a stoploss of 6650 for the targets of 8000-8200.This stock is above all the important exponential moving averages.
Breakout in LT Infotech Breakout in LT Infotech on weekly charts of the w-pattern stock is above 200 days above moving average now it is ready for 5500.
Buy in the zones of 5000-5100 with stop loss of 4940 .
USDINR STRONG IMPORTANT LEVELHello friends,
First, I love India and the Indian people. I made an analysis for the Indian rupee and I think it is on a very important level now. You see the huge rising channel, in which a small falling one is formed. I have indicated the important levels on monthly and weekly charts, which were just hit. We saw a strong rejection from these levels, which means that the price is struggling to fall down further. If the daily candle closes today with a bullish candlestick pattern, I drew the path upside. However, my opinion is that we would only make a price correction in order to break those levels and fall further. Downside levels are really strong and if those are broken we might see a massive crash of the price. I advise you to follow the fundamental analysis of the Indian economy because it is an integral part of this trade. I will also upload pictures under this trade in order to see closer daily candle and fibonacci levels. I will update this trade and follow it closely!
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Namaste! I wish you all the best and bags of profits during the new year.
NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED - CHART ANALYSIS📊 Script: NAM_INDIA (NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: N/A
📊 Sector: Financial Services
📊 Industry: Asset Management Company
📈 There is crossover at MACD.
📈 Doble Moving Average Crossover.
📈 Trading at upper band of BB.
📈 Right now RSI is around 60.
✅ BUY ABOVE - 300
🟢 Target 🎯🏆 - 336
⚠️ Stoploss ☠️🚫 - 279
⚠️ 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.
MH Indicator: Intra-day case study- Nifty 50 Vs. HULDuring the month of October 2022 (30 September 2022 to 25 October 2022), the pair strategy of Nifty 50 Vs Hindustan Unilever (HUL) was executed in the Future segment for which a total investment of INR 3,00,000 was required. MH Indicator was used for identifying the opportunities of Buying one asset (under valued) and simultaneous Selling of another asset (over valued) and vice-versa. The details of execution of strategy have also been duly marked in the chart given above.
Results: The pair strategy gave a return of 8.09% (Profit 24,275).
However, the return on Nifty was only 3.17% and on HUL it was -6.29%
NIFTY short term bearish target 16000 Nifty is bouncing off on a critical support 200 SMA and lower end of the channel. If it breaks below the 200 SMA and lower end of channel, expect it to test the gap fill levels 17016, 16641, 16340, 16049 eventually 16000. Timing the 16000 target is difficult but I expect it to hit before 2022 end or earlier. On flip side if earnings are good and dollar prices fall down, we can expect 19000 soon.
NIFTY is looking Bearish🤑 Nifty is likely to be Bearish till it's below 17375.
❓ Reason: Because Trailing Stop Loss is above the Price of Nifty in ATM Machine Indicator Hourly Chart.
🚧 Dowside Hurdles: 17245, 17115, 16980.
🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability.
🔴 Positional Trend is Negative.
🟡 Long Term Trend is Neutral.
📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels.
🙏🏻 Come to Learn, Go to Earn🙏🏻
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☔If you find us useful, Please help the helpless near you.☔
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TCS Mid term Bearish Channel - Target 2810, 2700 and 2458. TCS is currently oversold, and might see technical bounce 3229 short term. But mid term trend has been bearish and we could see TCS hitting lower prices while have technical bounces on the way. Parallel channel trending towards, price will test lower end of the channel, expect levels 2810, 2700 to break and gap fill at 2458 . Projecting time with target is difficult, but expect this to happen in next 3-6 months or even earlier.
Largest car company in India - Maruti SuzukiBased on Market share and Turnover Maruti Suzuki is the largest car company in India with a market share of ~45%, nearly half of the cars sold in the country.
Some macro...
If India's economy continues to grow as predicted, by 2025 the Indian middle class will number 583 million people, or 41 percent of India's projected population,1 almost twice the current population of the United States (Columbia.edu).
India’s real GDP is projected to grow at 9% in both 2021-22 and 2022-23 and at 7.1% in 2023-24. This projects India as the fastest growing major economy in the world in all these three years.
Source: Ministry of Finance
India has the third-largest group of scientists and technicians in the world and the population of India is expected to rise from 121.1 cr to 152.2 cr during 2011-36 an increase of 25.7% in twenty five years.
Source: National Commission on Population, Ministry of Health & Family Welfare
Nifty 50 vs S&P 500:
Website:
www.marutisuzuki.com
This a long term hold