Indianstocks
NIFTY Weekly Volatility Analysis 5-9 Dec 2022 NIFTY Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 1.87%, down from 1.9% last week according to INDIA VIX data
With this in mind, currently from ATR point of view we are located in the 3rd percentile, while according to INDIA VIX, we are on 8th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.85% 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 24.3% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 19070
BOT: 18370
Taking into consideration the previous weekly high/low, currently for this candle there is :
78% probability we are going to touch previous high of 18914
26% probability we are going to touch previous low of 18370
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 80% bullish trend
Daily timeframe indicates 80% bullish trend
4H timeframe indicates 53.3% bullish trend
$NIFTY Possible Bull Target & Reversal Zones #NiftyTraders and Investors, there is a lot of joy, speculation, excitement and nervousness in the Indian stock market as it makes another all-time high today. This however can be very deceiving or a good opportunity. Depends on how to see and interpret it. 🙂 If you think this is way too high and it should take a correction or dump then it may just give you that sort of opportunity when it reaches one of those FCP zones or extension levels ahead. If you are bullish and expect market to continue rise higher then also we have these zones and extension levels as possible bullish targets.
Remember a few things about this market:
1. It has been consolidating for a while after hitting a major reversal level as you will see in the attached idea posted on Oct 13, 2021. This can still form a double top and fall down.
2. The Nifty 50 index has been taking divergence from US Indices this year. Whilst US indices fell Nity held its position strongly. But that does not mean it can no start to follow them again. The correlations come and go in time cycles.
3. This market cab target 20K level as well because that is psychological and is getting close. In terms of points, it is still too far but in the overall price action structure it is not.
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1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Nifty duble tope make in day TFDear traders, I have identified chart levels based on my analysis, major chart pattern. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills. #nifty
NIFTY 50 Weekly Forecast Analysis 28 Nov-2 Dec 2022 NIFTY 50 Weekly Forecast Analysis 28 Nov-2 Dec 2022
We can see that this week, the current implied volatility is around 1.85% , same as last week.
According to ATR calculations, we are currently on the 51th percentile, while with INDIA VIX we are on 12th percentile.
Based on this data, we can expect on average, the movement from open to close of the weekly candle to be :
In case of bullish - 1.82%
In case of bearish - 1.55%
With the current IV calculation, we have currently 24.3% that the close of the weekly candle is going to finish either above
or below the next channel:
TOP: 18771
BOT: 18090
At the same time, taking into consideration the high/low touch calculation from the previous values, we can expect for this week:
26% chance that we are going to touch the previous low of the weekly candle of 18125
78% chance that we are going to touch the previous high of the weekly candle of 18535(already hit)
Lastly from a technical analysis point of view, currently 80% of the moving averages rating, are insinuating we are in a BULLISH trend.
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
Phoenix085-Analysis RILThe crucial SnR's are marked on the chart...
As per my analysis and the way price has reacted recently...
I feel there's a certain uneasiness in RIL stock which if supported by the Nifty, would definitely come crashing down to the 2450 or even 2400 levels...
These are just my analysis and not recommendations... Cos if i am not getting a penny from your profits would not be right to hold me accountable for your losses...
Took paper trade as per the simply break and retest setup.Took paper trade as per the simply break and retest setup. took PT; RR 1:2.5.
Please check analyze and comment with your own analysis and opinion on the same.
Take the trade as per your risk apatite.
I'm a stock market learner. Please comment with your thoughts/opinion on this.
NIFTY Weekly Forecast 14-18 November 2022 NIFTY Weekly Forecast 14-18 November 2022
Currently the implied volatility for this asset is around 2%, down from 2.1% of last week.
From volatility percentile, point of view, we are currently on 0th from ATR and 10th from INDIA VIX index.
With this volatility percentile values into account we can expected on average that the weekly candle is going to be:
1.88% for bullish
1.54% for bearish
With the current IV, we can expect with a 75.6% probability that the market is not going to close either above or below the next channel:
TOP: 18750
BOT: 18010
Lastly, based on previous calculations, we have:
79% to hit the previous weekly high of 18350
26% to hit the previous weekly low of 17975
NIFTY50 is looking Bullish.
🤑 Nifty is likely to be Bullish till it's above 18240.
❓ Reason: Because Nifty is above the Trailing SL of ATM Machine Indicator on Hourly Chart.
🚧 Upside Hurdles: 18375, 18510.
🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability.
🟢 Positional Trend is Positive.
👺 Long Term Trend is Trapping the Bulls.
📢 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🙏🏻
✅ We are NISM Certified. ✅
☔If you find us useful, Please help the helpless near you.☔
☺Happy to Help.☺
@ohotradin@OhoTrading0 is looking Bullish.
🤑 Nifty is likely to be Bullish till it's above 18240.
❓ Reason: Because Nifty is above the Trailing SL of ATM Machine Indicator on Hourly Chart.
🚧 Upside Hurdles: 18375, 18510.
🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability.
🟢 Positional Trend is Positive.
👺 Long Term Trend is Trapping the Bulls.
📢 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🙏🏻
✅ We are NISM Certified. ✅
☔If you find us useful, Please help the helpless near you.☔
☺Happy to Help.☺
@ohotrading
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.
Tata chemicals has seen a breakout Tata chemicals has seen a breakout of reverse head and shoulder pattern at the price of 1250 and successfully retested it on daily charts, now a new swing is created and its first target area at 1450 with the stoploss of 1180. Trail the stoploss after 1400 towards second Target of 16000.
Stock is above of all the important exponential moving averages.
Federal-Mogul Goetze India - Demand at 200 and Supply at 360Context - Dropped 65% to 200 in 2022 after 20x Up to 600 in 2019
In June'21 supply emerged at 360
Move up to 330, once demand appeared at 200 in Dec'21
Plan -
to Purchase Breakout above 360
or, rejection indicators below 260
PB 2x; PE 29x; ROCE 9%
NIFTY 50 Monthly Forecast Movements 1-30 November 2022 NIFTY 50 Monthly Forecast Movements 1-30 November 2022
We can see that for this month, the implied volatility is around 4.56%, similar to last month.
This is currently placing us in the 0th percentile according to ATR and 50th according to INDIA VIX
Based on this percentile calculation, on average the monthly movement for the candle(from open of the candle to the close of the candle) is:
BEARISH Candle : 2.4%
BULLISH Candle : 5.7%
With this in mind we can expect with a close to 27.4% probability that our close of the monthly candle is going to close either above or below the next channel:
BOT: 17303
TOP: 18957
Lastly, based on the calculations that we had for touching the previous candle high and low values, we can estimate that there is a :
80% chance that we are going to touch the previous monthly high of 18020 (already happened yesterday)
26% chance that we are going to touch the previous monthly low of 16864
NMDC Harmonic & downtrend Potential BreakoutThe idea here is about NMDC:
NMDC Limited (NMDC) is an India-based iron ore producer and exporter. The Company operates in two business segments: iron ore and other minerals and services. The Company is engaged in the exploration of a range of minerals including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands.
My view is very bullish for the below observed technical factors & News.
NEWS: MCA (Ministry Of Corporate Affairs) has approved the demerger of NMDC steel from NMDC with ratio of 1:1. Do your own research for more information.
Points as per TA on a Weekly & daily Chart:
1. Currently under downtrend & support has been re established @ 129.00 on a weekly chart as per below:
2. Gartley Harmonic Pattern completed with confirmed entry & target 1 completed at the time of publishing on a weekly chart as per below:
3. Bearish Nen Star Harmonic CD leg under progress on a weekly chart as per below:
4. Trading way above 20 & 200 EMA on a weekly chart & 20 EMA cross over expected soon.
5. Trading above 20 & below 200 EMA on daily chart.
6. Bullish flag pattern on weekly chart observed as per below:
7. Multiple divergence confirmed in the same direction on weekly chart as per below:
8. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily is neutral, weekly is strong downtrend & monthly chart is consolidating at the time of publishing.
9. RSI is at 51.46 on a weekly Chart and 53.56 on daily chart at the time of publishing.
10. MACD above signal line on weekly & below signal line on daily chart.
11. Hull Moving average on daily & weekly is a sell and other moving averages on a daily,weekly & monthly chart is a buy.
12. ADX (Average directional index ) trend strength is at 20.53 on a weekly, which indicates a absent or weak trend (ADX between 0-25 is a Absent or weak trend) and 25.32 on a daily chart.
Projected Target with %: Provided in the chart as per Gartley & Bearish Nen Star harmonic pattern.
Stop Loss: Provided in the chart as per Gartley.
Note : Any further dip can be considered to accumulate & Average it down.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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