Pls go to Nifty daily chart, convert candle stick chart to line chart
Make time period Weekly
Then click on the encircled + sign in top panel to add different index to compare, u can add any index

Will describe this in our Friday post market session, watch in SE YouTube channel

#TATAELXSI momentum breakout
RSI & MACD quite strong
sustaining above 5140, may rush towards 5600
#Nifty #NiftyIT #Stocks #StockMarket #StockToWatch
Not trading call, academic post

#balajiamines
#BALAMINES has been one of the most bullish stocks since #COVID19
Stock undergoing flag consolidation after fast up move.
Volume is good.
If it is able to break & sustain above 4300 it my rally towards 5350
RSI & MACD has momentum
#Nifty #stockstowatch

Not a trading call, academic post

Many of you ask me why I choose 75 or 125 minutes charts

I do this only for equity charts in NSE or BSE as they trade from 9.15 a.m. to 3.30 p.m. , i.e. 375 minutes

75 minutes devide the day in 5 & 125 min in 3 equal candles

While hourly / 2 hourly charts have unequal candles

#AVADHSUGAR has a fantastic chart in weekly timeframe
548 was June 2021 High, the stock pulled back to that level & defended
550 is 200 Day SMA
If it sustains above 550 it may move towards 800-900
Weekly RSI near 50
#stock #stocks #sugar
Not trading call, academic post

Weekly #CrudeOil chart
The #commodity now has formed a descending triangle
Price now bear 200 DMA
sustaining above 93 , it may rise towards 118 as shown,
below 93, likely to drop towards 58 over the winter (economic slowdown scenario)
#OOTT #Bidenflation #inflation

It's the weekend!

Grab a cup of coffee, in this thread I will explain

1. What is index investing?
2. Why S&P 500, Nasdaq 100 and DIJA are different?
3. How to create your own indexes?

Let's dive right in.

You may have noticed at the start of every book, there is a page which lists out various chapters and the page number for each chapter.

This is called the index of contents of the book.

It helps you understand what is where and give you a general idea how to read the book.

Similarly in the world of finance, we have financial indexes that are used to indicate where the overall market is trading.

Is it high or is it low?
Is it cheap or is it expensive?

These questions can be answered by looking at the index.

Fun Fact: The first ever financial index created was the Dow Jones Industrial Average in year 1896

The world created a financial index before cars, airplanes and electricity were the norm!

Stocks in 1896 used to look like this, an index was helpful to understand economy levels

If you want to read more about the history of stock market, you can go through this

Stocks below EMA( 9, 21,63 ), these stocks are avoid for us, till the time they are below EMA-63

~Bandhan Bank
~Astra Zen
~APLL
~ Amara Raja
~ Escorts
~ Hero Moto
~ Indus Tower
~ M& M Fin
~ Petronet
~ Zeel

Universe : Nifty -500

@Prakashplutus
@preetiplutus

#FreeTip
If there are multiple pivot confluences, it is a strong zone and should never be ignored as there is a high possibility of a very significant activity around the zone.
Today's activity is an example. Historically can find similar concepts with varying pivots...

6 Free Tools and Platforms Every Day-Trader Should Be Using!

Why pay, when they are available for FREE?

A Master thread on @Singh7575 Sir's Long Only Setups with examples on Charts!

This setup is a gift to anyone who trades long ideas and those who want to trade in CASH due to Capital Constraint. Fits best for people who don't do FNO as this picks some amazing scripts.

1⃣ Before heading on to the set-up we want to make sure the entire system credit goes to @Singh7575 . We are just here to share it and make people aware of such simple set-ups that can give money considering risk is

2⃣How to Set it Up?
This setup best fits in @tradingview /@zerodhaonline or any broker that provides charting. We only need 2 Indicators.
Indicator 1- 13EMA
Indicator 2 - 34EMA
Both indicators are compulsory and should be exponential(EMA) instead of Simple moving average.(SMA)

3⃣ How to use this Setup?
Whenever this Setup meets a condition where 13EMA crosses 34EMA from below as depicted in the chart. Whenever the 13EMA crosses 34EMA from below it is a LONG (BUY) SIGNAL.

❗️Timeframe needs to be Daily Only!

4⃣ When to Place Order?
The Condition is to place order above the Day's High when crossover happened. Place buying bid above Previous Day’s high. If on current day the stock
doesn’t cross previous day’s high, place a buying bid the next day above current day’s high. For E.g.