Indian Market OutlookIndian Market Outlook provides an information Panel for Major Nifty Indices, Indicators and the status of your stock time frames 2,5,15,30,60 minutes in one window.
It provides Up/Down Trend of the NIFTY & Other Indices.
NIFTY
Investment Bottom IndicatorWant to know when the market has reached near bottom in selloff or bearish trend?
You now have a perfect indicator for that - "Investment Bottom Indicator"
How to use?
Chart Setup-
Step 1- Add your index symbol
Step 2- Change the time frame to weekly (candle sticks)
Step 3- Add William %R - settings: Period- 52, Close
Step 4- Add this indicator - Investment Bottom Indicator
Analysis-
When the William %R value is below -80 & Investment Bottom Indicator value is above 80 : this indicates that the market is near its bottom and if you have not yet started investing yet, this is the right time before the market flies off (in very few weeks/months) & you miss the bus!
RVC-Weekly-Pivots-GANN-LevelsPurpose:
Weekly - Fibonacci pivot levels and Gann levels calculation and marking on Chart automatically.
Mainly expected to use for trading on NIFTY and BankNifty
Kindly share your comments and suggestions to improve
DeltaMause it for identifing trend of nifty and banknifty, green for long red for short. below 0 must sell ...
JARVISJARVIS is a technical indicator primarily designed for Nifty Bank. But, it also works on other instruments like stocks for example. You may apply it on other instruments if you find it useful.
Once the indicator is plotted, it will have bars with 3 colours
1) Blue - It's watching
2) Green - It's bullish
3) Red - It's bearish
So, it's that easy to interpret.
Following are few examples on NSE:BANKNIFTY
September 20, 2019 - Indicator turned green and remained so till end of the day. If you would have followed this, you would have made more than 2000 points.
September 25, 2019 - Indicator turned red and remained so till end of the day. If you would have followed this, you would have made more than 100 points.
September 26, 2019 and September 27, 2019 - Indicator remained blue and you see that the market was just consolidating.
Above are just a few examples of what this is capable of. Apart from Nifty Bank, it also works well on popular stocks like Reliance, TCS, SBIN etc
Recommended time frame for this is 15 mins, but, you may experiment with other time frames as well. It's all about finding the right time frame for that particular instrument, for example it works best on 2H when applied on Nifty.
Should you have any doubts, feel free to DM me.
Puneet_9EMA_21_RSIThis is a reliable trend indicator system that used EMA over RSI, gives good Enter and Exit signals when applied on Nifty two hours chart.
Can be used for other financial instruments too.
MULTITIMEFRAME_VWAP_MANOJVWAP is a powerful concept.
It denotes the fair price that is traded in the market.
In other words, it represents a variance of POINT OF CONTROL (POC) which is a Market Profile / Volume Profile Concept.
It is a leading indicator as it is dependent on the price and volume .
Usually VWAP is used for intraday trades and Trading view as an in built indicator which works only for intraday.
This script plots daily vwap , monthly vwap , quarterly vwap and yearly vwap .
The suggested combination is :
intraday charts - daily vwap
daily charts - monthly and / or quarterly vwap
weekly charts - quarterly and / or yearly vwap
INSIDE BAR This indicator identifies Inside Bar.
Inside Bar is an indecisive setup where traders are not sure of the direction which is reflected in the bar range which is usually narrower.
The day following Inside Bar usually would be a decisive bar with wide range.
This decisive bar can be exploited if traded with discipline.
The steps to follow are :
At EOD :
1) Use daily charts for locating Inside Bar with this indicator on.
2) Ensure you keep the parameter prev range Vs inside bar as 0.25 irrespective of default value. This means that the previous bar range is greater than the inside bar range by 25%.
3) Try going through all FNO scrips to locate inside bar (as there is no scanner in Trading View).
4) Once an Inside Bar scrip is located, earmark them or send them to watchlist.
5) Now you will have a watchlist with around 5-6 scrips.
Next trading day at market opening:
5) When the market opens, wait till 9.45 am (first half an hour).
6) Mark the first half an hour high and low. These are opening range high and opening range low.
7) If price breaks out decisively on the upside above opening range high, buy with a stop of opening range low. Target can be based on super trend or ema or any other method. If price breaks out decisively on the downside below opening range low, short with a stop of opening range high.
8) Ensure you follow disciplined position sizing.
Good luck.
NIFTY Underlying Capitalized Weighted Advance DeclineNIFTY Underlying Capitalized Weighted Advance Decline
Market Internal tool used for trading Nifty Futures and Options
Calculation Method: Underlying stocks Free Float Market capitalization weightage has been used to calculate the outcome.
Data Taken from IISL
NIFTY Underlying Weighted Volume Advance and DeclineNIFTY Underlying Weighted Distribution of Volume Advance and Decline
Market Internal tool used for trading Nifty Futures and Options
Calculation Method: Underlying stocks Free Float Market capitalization weightage has been used to calculate the outcome.
Data Taken from IISL
TH Positional | Buy & Sell Levels Monthly ViewTradersHunt's Positional Indicator is designed for Intraday or Monthly Positional Trading for Indian Market but it can also be used for Global Markets and Commodities . It is based on Support & Resistance Levels as per Historical Data.
The details are as follows;
Orange line is Trendsetter which means price closing above or below it will take the instrument in that direction. Green Level indicates strong buy price, and Orange level can be used as SL if trader is taking long position. Basically, a trader can use these levels as best Support and Resistance levels based on the ORB selected.
visit our website www.tradershunt.com for more information.
TH Trend | Trend Levels for the WeekTradersHunt's Trend Indicator is designed for Intraday or Weekly Positional Trading for Indian Market but it can also be used for Global Markets and Commodities . It is based on Support & Resistance Levels as per Historical Data.
The details are as follows;
Orange line is Trendsetter which means price closing above or below it will take the instrument in that direction. Green Level indicates strong buy price, and Orange level can be used as SL if trader is taking long position. Basically, a trader can use these levels as best Support and Resistance levels based on the ORB selected.
visit our website www.tradershunt.com for more information.
ChartAdvise_Action_ReactionThis script has finetuned the dynamic shifting of prices seen in the previous script.
RvZ - Reversal Zones Indicator..!Hello Traders...!
Yet another indicator from myself following to my previous indicator "FIRST-5-MINUTES-ZONE-AND-HI-LO-BRKOUTS",
this is TO IDENTIFY INTRADAY REVERSAL ZONES...!!!
- It works on any time frame
- along with those zones i have added two more lines Red and Green which will be used as Intraday Resistance and Support lines .
- Pls donot expect Profit and Stop points, that is upto you.
- If market goes beyond those zones well then consider that market is trading stronger. So..trade with strict stops accordingly. If the market goes beyond those zones then LOOK LEFT for the previous zones and trade.
- 80% of time, the market respects those zones.
- The zones colours are CUSTOMIZABLE
- A simple strategy to use this in confluence with,
RSI (7) Range , EMA (100)
**** If stock trading above 100 EMA, Rsi in overbought, price in upper reversal zones, then voila...get some sack ready to fill the money...!!! same goes for opposite side *****
well then Traders, Enjoy and let's put some money in Bank....!!!!!
--cheers,
Sanjay Ramanathan
