Swing Trade - SUNTECK📊 Script: SUNTECK
📊 Sector: Realty
📊 Industry: Construction
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 65.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 627
🟢 Target 🎯🏆 - 695
⚠️ Stoploss ☠️🚫 - 599
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Movingaveragecrossover
Swing Trade - HINDPETRO📊 Script: HINDPETRO
📊 Sector: Refineries
📊 Industry: Refineries
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 68.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 407
🟢 Target 🎯🏆 - 432
⚠️ Stoploss ☠️🚫 - 393
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Mastering the Moving Average: The Trendspotter for Every TraderTradingViewers, this one will take you back to basics. In this Idea we visit a tool that’s as essential as your morning coffee — the Moving Average (MA). This indicator is the market’s smoothing instrument, ironing out the noise and letting you see the trend for what it really is.
What’s a Moving Average?
Think of the Moving Average as the market’s highlight reel. It averages out price action over a specific period, showing you where the market’s been and giving you a clue about where it might be headed.
It’s the ultimate trendspotter, cutting through the daily chatter to reveal the bigger picture. Day traders and scalpers, don’t fret — it works on intraday time frames, too.
Types of MAs
Simple Moving Average (SMA): The old-school classic. It’s as straightforward as it gets — just an average of days you specify — 7, 9, 21, 50, 100, or even 200 days — that’s called “length”. This tool might be simple, but it’s a mainstay indicator for professional traders, institutional investors, and other big-shot money spinners.
Exponential Moving Average (EMA): The turbocharged version of the SMA. It gives more weight to recent prices, meaning it reacts quicker to the action. If the SMA is a steady cruise, the EMA is a sports car with a little more kick.
How to Use Moving Averages
Spotting Trends : The Moving Average is your trend-checking buddy. Prices above the MA? We’re in bull territory. Prices below? Looks like the bears are in control. Slap it on any time frame — it’s the same rules regardless of the time horizon.
Support and Resistance : MAs are like the guardrails of the market. They often act as support during uptrends and resistance during downtrends. When price bounces off an MA, it’s like a boxer bouncing off the ropes — watch for the counterpunch!
The Golden Cross & Death Cross : Now we’re talking setups that get traders buzzing. When a short-term MA crosses above a long-term MA, you get a Golden Cross – the market’s flashing a buy signal party. But when the opposite happens, it’s a Death Cross, and the bears start licking their lips.
Moving Average Crossover : Want some trading action? Watch for crossovers between short and long MAs. For example, throw in your chart a 50-day moving average and then top it up with a 100-day and a 200-day line. If they all cross over to the upside, you can expect a swing higher. And if they cross over to the downside, you can anticipate a swing lower.
Pro Tip: Tune Your Moving Average
Jot these numbers down — 20, 50, 100, 200 — these are the MA settings you’ll see most, but don’t be afraid to tweak them. A shorter MA (20 or 50) reacts quicker but can whipsaw you. A longer MA (100 or 200) is steadier but might be slower to catch reversals. It’s all about finding the balance that suits your trading style.
Bottom Line
The Moving Average isn’t about predicting the future — it’s about seeing the present more clearly. It’s the difference between getting lost in the noise and riding the trend with confidence. Whether you’re trend-following or looking for a noiseless entry, the MA is your go-to indicator.
So slap that Moving Average on your chart and let it take you beyond the clutter. Because when the market’s moving fast, it pays to have a steady hand guiding your trades. And as essential as MAs are, don't limit your analysis to just one tool: apply several indicators on your chart to spot trends more effectively and enhance your research with data from the economic calendar , screeners, heatmaps, and all kinds of tools available on TradingView to have a bigger picture of market activities.
Are you already using MAs in your charting and trading? Let us know in the comments below!
Double Bottom Breakout - Crossover - ANURAS📊 Script: ANURAS
📊 Sector: Chemicals
📊 Industry: Chemicals
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD and Double Moving Averages are giving crossover .
📈 Right now RSI is around 66.
📈 Script is giving Double Bottom Breakout on daily chart.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 797
🟢 Target 🎯🏆 - 858
⚠️ Stoploss ☠️🚫 - 767
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Crossover - JKCEMENT📊 Script: JKCEMENT
📊 Sector: Cement
📊 Industry: Cement
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD and Double Moving Averages are giving crossover .
📈 Right now RSI is around 60.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 4480
🟢 Target 🎯🏆 - 4715
⚠️ Stoploss ☠️🚫 - 4387
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Double Moving Averages Crossover Swing Trade📊 Script: CHOLAFIN
📊 Sector: Finance
📊 Industry: Finance & Investments
⏱️ C.M.P 📑💰- 1337
🟢 Target 🎯🏆 - 1443
⚠️ Stoploss ☠️🚫 - 1295
📊 Script: PRAJIND
📊 Sector: Capital Goods-Non Electrical Equipment
📊 Industry: Engineering
⏱️ C.M.P 📑💰- 590
🟢 Target 🎯🏆 - 623
⚠️ Stoploss ☠️🚫 - 574
📊 Script: LATENTVIEW
📊 Sector: IT - Software
📊 Industry: Computers - Software - Medium / Small
⏱️ C.M.P 📑💰- 514
🟢 Target 🎯🏆 - 543
⚠️ Stoploss ☠️🚫 - 503
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Multiple Indicator - TRIVENI📊 Script: TRIVENI
📊 Sector: Sugar
📊 Industry: Sugar
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 71.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 426
🟢 Target 🎯🏆 - 451
⚠️ Stoploss ☠️🚫 - 416
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Double Moving Averages Crossover Swing Trade - JINDALSTEL📊 Script: JINDALSTEL
📊 Sector: Steel
📊 Industry: Steel - Sponge Iron
⏱️ C.M.P 📑💰- 1077
🟢 Target 🎯🏆- 1162
⚠️ Stoploss ☠️🚫 - 1038
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Double Moving Averages Crossover Swing Trade - RAILTEL📊 Script: RAILTEL
📊 Sector: Telecomm-Service
📊 Industry: Telecommunications - Service Provider
⏱️ C.M.P 📑💰- 434
🟢 Target 🎯🏆 - 478
⚠️ Stoploss ☠️🚫 - 412
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Double Moving Average Crossover - UBL📊 Script: UBL
📊 Sector: Alcoholic Beverages
📊 Industry: Breweries & Distilleries
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving Breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 68.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 2035
🟢 Target 🎯🏆 - 2219
⚠️ Stoploss ☠️🚫 - 1950
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Moving Averages + MACD Crossover - DEVYANI 📊 Script: DEVYANI
📊 Sector: Quick Service Restaurant
📊 Industry: Hotels
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving Breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 70.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 170
🟢 Target 🎯🏆 - 191
⚠️ Stoploss ☠️🚫 - 160
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Crossover - IGL📊 Script: IGL
📊 Sector: Gas Distribution
📊 Industry: Miscellaneous
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages giving Crossover.
📈 Right now RSI is around 63.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 472
🟢 Target 🎯🏆 - 508
⚠️ Stoploss ☠️🚫 - 458
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Crossover Trade - SOBHA📊 Script: SOBHA
📊 Sector: Realty
📊 Industry: Construction
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 63.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1946
🟢 Target 🎯🏆 - 2113
⚠️ Stoploss ☠️🚫 - 1860
⚠️ Important: Always maintain your Risk & Reward Ratio.
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NIFTY DAILY - 23/5/2024Nifty opens with positive note and bulls were aggressive from starting of the day, nifty made All Time High Record which is 22993 level with almost 369 points up which is around +1.64%.
Nifty has formed a big body bullish candle with small lower and upper shadow.
Candle is trading at upper Band of Bollinger Band and giving breakout of it.
Double Moving Averages are giving Crossover on Daily Chart.
Nifty has crossed the resistance level which was 22610 so further resistance can be 23059 level with support of 22716 level.
Bank Nifty levels
Support – 48677
Resistance – 48832
Today’s Advance Decline ratio of NIFTY50
Advance - 44
Decline - 6
FII Buy + 4670.95 crores
DII Buy + 146.51 crores.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Double Bottom Breakout - Keep An Eye - SCI📊 Script: SCI
📊 Sector: Shipping
📊 Industry: Shipping
Key highlights: 💡⚡
📈 Script is going to give breakout of Double Bottom on daily chart keep an eye on stock, breakout is above 235.
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Already Crossover in Double Moving Averages.
📈 Right now RSI is around 61.
📈 One can go for Swing Trade.
BUY ONLY ABOVE 235
⏱️ C.M.P 📑💰- 232
🟢 Target 🎯🏆 - 254
⚠️ Stoploss ☠️🚫 - 223
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Double Moving Averages Crossover Swing Trade📊 Script: RAILTEL
📊 Sector: Telecomm-Service
📊 Industry: Telecommunications - Service Provider
⏱️ C.M.P 📑💰- 433
🟢 Target 🎯🏆 - 475
⚠️ Stoploss ☠️🚫 - 415
📊 Script: TATASTEEL
📊 Sector: Steel
📊 Industry: Steel - Large
⏱️ C.M.P 📑💰- 174
🟢 Target 🎯🏆 - 183
⚠️ Stoploss ☠️🚫 - 170
📊 Script: SUZLON
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
⏱️ C.M.P 📑💰- 44
🟢 Target 🎯🏆 - 48
⚠️ Stoploss ☠️🚫 - 42
📊 Script: ADANIPORTS
📊 Sector: Marine Port & Services
📊 Industry: Miscellaneous
⏱️ C.M.P 📑💰- 1385
🟢 Target 🎯🏆 - 1454
⚠️ Stoploss ☠️🚫 - 1361
📊 Script: MTARTECH
📊 Sector: Aerospace & Defense
📊 Industry: Engineering
⏱️ C.M.P 📑💰- 2110
🟢 Target 🎯🏆 - 2231
⚠️ Stoploss ☠️🚫 - 2046
⚠️ Important: Always maintain your Risk & Reward Ratio.
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How Traders Can Thrive in Evolving Markets█ Adapting to the New Norm: How Traders Can Thrive in Evolving Markets
The world of trading is perpetually dynamic, with strategies that once dominated the market becoming less effective as both investors and technology evolve. A recent comprehensive study titled "How exactly do markets adapt? Evidence from the moving average rule in three developed markets" offers a profound look into how moving average (MA) strategies, once quite successful, have seen diminished efficacy in markets such as the DJIA, FT30, and TOPIX. This shift not only underscores the markets' adaptive nature but also serves as a clarion call for traders around the globe to rethink their strategies. Here’s how traders can adapt and thrive in this new trading landscape.
█ The Shifting Sands of Market Predictability
Historically, moving averages provided traders with reliable signals that helped predict market movements effectively. However, the study reveals that these strategies have lost some of their predictive powers over time. This decline is attributed to the market's anticipatory actions—traders are reacting to signals even before they are officially generated. This highlights a critical need for traders to stay ahead by being more proactive rather than reactive in their strategies.
█ Embracing the Adaptive Market Hypothesis (AMH)
The Adaptive Market Hypothesis suggests that market efficiency is not a fixed state but rather a condition that evolves. This hypothesis aligns well with the observed trends in MA strategy effectiveness. Traders who adapt to the market's current rhythm and flow, understanding that what worked yesterday might not work tomorrow, are more likely to succeed. This calls for an agile approach to trading, where strategies are regularly reviewed and revised in response to shifting market dynamics.
█ Leveraging Anticipation for Profitability
One intriguing aspect of the study is the potential profitability of trading based on anticipated signals. Traders who can effectively forecast and act on these signals might find lucrative opportunities, even in a market where traditional indicators are faltering. This forward-looking approach requires robust analytical tools and a keen intuition for market sentiment, urging traders to develop a nuanced understanding of market triggers and trends.
█ Strategies for the Modern Trader
To navigate this evolved market landscape, traders should consider several strategic shifts:
⚪ Continuous Learning: Stay abreast of market trends and shifts in trading paradigms. Traders should continually update their understanding of market behaviors and adapt their strategies accordingly. Relying on outdated models or historical data without considering market evolution may lead to suboptimal trading decisions.
⚪ Diversification of Techniques: Blend traditional methods like technical analysis with modern approaches such as machine learning and data analytics to create a well-rounded strategy.
⚪ Dynamic Adaptation: Be prepared to pivot strategies quickly in response to new information or shifts in market conditions. This might involve faster response times to emerging trends or the adoption of automated trading systems that can execute trades based on predetermined criteria.
⚪ Monitoring Market Conditions: Traders should be vigilant about changes in market conditions that could alter the effectiveness of established trading rules. This includes keeping an eye on broader economic indicators, market sentiment, and technological advancements in trading.
⚪ Risk Management: With increased market unpredictability, robust risk management strategies become even more critical. Diversifying investments and employing stop-loss orders can help mitigate potential losses.
█ Conclusion
The evolution of market efficiency suggests a future where adaptability and foresight are more valuable than ever. For traders, the key to success lies in understanding and anticipating market changes, rather than relying solely on historical data. As we move forward, the ability to adapt will define the new era of trading success.
In this ever-changing market landscape, staying informed, adaptable, and proactive are not just advantages but necessities for the modern trader.
-----------------
Disclaimer
This is an educational study for entertainment purposes only.
The information in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell securities. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Keep An Eye - Breakout Soon - OIL📊 Script: OIL
📊 Sector: Crude Oil & Natural Gas
📊 Industry: Oil Drilling / Allied Services
Key highlights: 💡⚡
📈 Script is trading near at its resistance level which is 645.
📈 Script should give closing above 645 level so that we can see good rally.
📈 Script is trading at upper band of BB.
📈 MACD and Double Moving Averages are giving crossover.
📈 Right now RSI is around 59.
📈 One can go for Swing Trade only above 645.
BUY ONLY ABOVE 645.
⏱️ C.M.P 📑💰- 636
🟢 Target 🎯🏆 - 691
⚠️ Stoploss ☠️🚫 - 625
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Double Moving Averages Crossover Swing Trade📊 Script: OBEROIRLTY
📊 Sector: Realty
📊 Industry: Construction
⏱️ C.M.P 📑💰- 1497
🟢 Target 🎯🏆 - 1586
⚠️ Stoploss ☠️🚫 - 1453
📊 Script: JUBLFOOD
📊 Sector: Quick Service Restaurant
📊 Industry: Hotels
⏱️ C.M.P 📑💰- 472
🟢 Target 🎯🏆 - 507
⚠️ Stoploss ☠️🚫 - 458
📊 Script: FIVESTAR
📊 Sector: Finance
📊 Industry: Finance & Investments
⏱️ C.M.P 📑💰- 781
🟢 Target 🎯🏆 - 838
⚠️ Stoploss ☠️🚫 - 760
📊 Script: KPITTECH
📊 Sector: IT - Software
📊 Industry: Computers - Software - Medium / Small
⏱️ C.M.P 📑💰- 1517
🟢 Target 🎯🏆 - 1625
⚠️ Stoploss ☠️🚫 - 1468
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Double Moving Averages Crossover Swing Trade📊 Script: OBEROIRLTY
📊 Sector: Realty
📊 Industry: Construction
⏱️ C.M.P 📑💰- 1497
🟢 Target 🎯🏆 - 1586
⚠️ Stoploss ☠️🚫 - 1453
📊 Script: JUBLFOOD
📊 Sector: Quick Service Restaurant
📊 Industry: Hotels
⏱️ C.M.P 📑💰- 472
🟢 Target 🎯🏆 - 507
⚠️ Stoploss ☠️🚫 - 458
📊 Script: FIVESTAR
📊 Sector: Finance
📊 Industry: Finance & Investments
⏱️ C.M.P 📑💰- 781
🟢 Target 🎯🏆 - 838
⚠️ Stoploss ☠️🚫 - 760
📊 Script: KPITTECH
📊 Sector: IT - Software
📊 Industry: Computers - Software - Medium / Small
⏱️ C.M.P 📑💰- 1517
🟢 Target 🎯🏆 - 1625
⚠️ Stoploss ☠️🚫 - 1468
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Crossover - TRITURBINE📊 Script: TRITURBINE
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages also giving Crossover.
📈 Right now RSI is around 71.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 537
🟢 Target 🎯🏆 - 591
⚠️ Stoploss ☠️🚫 - 507
⚠️ Important: Always maintain your Risk & Reward Ratio.
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NIFTY DAILY - 2/5/2024Nifty opens on lower note but afterwards nifty made high of the day which is 22710 level.
Index was choppy throughout the trading session.
Nifty has formed shaven bottom candle on daily chart which indicates participants were buying from day’s low.
Double Moving Averages are giving crossover.
Nifty is able hold 22600 level so, further resistance will be 22700 level with support of 22425.
Today’s Advance Decline ratio of NIFTY50
Advance - 29
Decline - 21
FII Sell – 964.47 crores
DII Buy + 1352.44 crores.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Triple Top Breakout - RECLTD 📊 Script: REC
📊 Sector: Finance
📊 Industry: Finance - Term-Lending Institutions
Key highlights: 💡⚡
📈 Script is giving breakout of Triple Top pattern of daily chart with volume.
📈 Today was the result date and numbers are pretty good.
📈 Trading at upper band of Bollinger band and giving breakout of it.
📈 MACD and Double Moving Averages are giving Crossover.
📈 RSI is around 70.
📈 Initially we may see some profit booking because stock was up almost 10%.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 507
🟢 Target 🎯🏆 - 551
⚠️ Stoploss ☠️🚫 - 488
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂