Trading

 NR7 Pattern The NR7 pattern, short for "Narrow Range 7, " is a technical analysis tool used in trading to identify potential breakout points in price charts. It works based on the idea that periods of low price volatility (narrow range) can be followed by periods of high volatility (breakouts). Here's how the NR7 pattern works: Identifying the NR7 day: The NR7 day is the day with the smallest price range (high minus low) within a seven day period. So, on any given day, you compare the current price range to the range of the six previous days. If the current range is the smallest, it becomes the NR7 day. Breakout potential: The theory behind the NR7 pattern is that this period of low volatility can represent a build-up of pent-up pressure, which can be released in a subsequent breakout movement. The breakout can occur either upwards or downwards, depending on the overall trend of the market and other technical indicators. Importan...

 Polycab Calculator I understand you're looking for a POLYCAB pivot calculator. There are several options available, and the best one for you might depend on your specific needs and preferences. Here are a few options to consider: Online calculators: Top Stock Research: This website offers a free pivot point calculator for Polycab India Ltd. You can choose from a variety of pivot point methods, including Camarilla, Fibonacci, Woodies, Demark, CPR, and Fibonacci Retracement.  Nifty Trader: This website also offers a free pivot point calculator for Polycab. It provides both daily and intraday pivot points, along with other technical analysis tools.  Intraday Screener: This website offers a free pivot calculator that can be used for any stock, including Polycab. It also provides other technical analysis tools and a stock screener.  Software: MetaTrader 4/5: These popular trading platforms both offer built-in pivot point calculators. You can choose from a variety of pivo...

 NR7 Stocks The term "NR7 stocks" can refer to two main things: 1. Stocks in a narrow range: NR7 stands for "Narrow Range of seven days." It's a technical analysis strategy that identifies stocks that have been trading within a very tight range (high-low) for the past seven days. These stocks are considered to be consolidating and may be poised for a breakout in either direction once the range is broken. There are various online tools and screeners available to help you identify NR7 stocks, such as Chartink and Intradayscreener. 2. A specific stock ticker symbol: There's also a possibility that "NR7" refers to a specific stock ticker symbol. However, without further context, it's difficult to say for sure which stock this might be. If you have more information about the company or exchange associated with "NR7," I can try to help you identify the stock. To provide you with the most accurate and relevant information, I need some additi...

NR4 Scanner An NR4 scanner is a tool used in technical analysis to identify stocks that are consolidating in a narrow range for four days and are poised for a potential breakout. The "NR" stands for "Narrow Range," and the "4" refers to the four-day period. Here's how it works: Identifying the NR4 pattern: The scanner looks for stocks that have had a relatively low trading range for the past four days. This means that the daily high and low prices haven't moved much compared to the previous days. Breakout potential: The theory behind the NR4 pattern is that after a period of consolidation, the stock price is more likely to make a significant move in one direction or the other. This breakout could be either upwards or downwards. Scanning tools: There are a number of different NR4 scanners available online, both as free and paid services. Some popular scanners include Chartink, Intradayscreener, and TradingView. Things to keep in mind: NR4 is just on...

 Nifty Pivot Points Nifty pivot points are support and resistance levels calculated based on the previous trading day's high, low, and closing prices. They are used by traders to identify potential entry and exit points for trades. There are different types of pivot points, but the most common are classic pivot points, Fibonacci pivot points, and Camarilla pivot points. Classic pivot points are calculated using the following formulas: Pivot point = (Previous day's high + Previous day's low + Previous day's close) / 3 Support levels: S1 = Pivot point - (Pivot point - Previous day's low) S2 = Pivot point - 2 * (Pivot point - Previous day's low) S3 = Pivot point - 3 * (Pivot point - Previous day's low) Resistance levels: R1 = Pivot point + (Pivot point - Previous day's high) R2 = Pivot point + 2 * (Pivot point - Previous day's high) R3 = Pivot point + 3 * (Pivot point - Previous day's high) Fibonacci pivot points are calculated using the Fibonacci r...

  Bank Nifty Pivot Point Calculator Bank Nifty Pivot Point Calculator I can help you calculate pivot points for Bank Nifty! To do this, I need some information: Date: Today's date is 2024-01-04. Do you want to calculate pivots for a different date? Previous Day Data: Please provide the following information from yesterday's trading session for Bank Nifty: High: Highest traded price. Low: Lowest traded price. Close: Closing price. Pivot Point System: Different pivot point systems exist. Which one would you like to use? Some popular options include: Classic Pivot Points: Basic and widely used. Woodie's Pivot Points: More complex, incorporating Fibonacci levels. Camarilla Pivot Points: Highly accurate but more intricate to calculate. DeMark's Pivot Points: Focuses on volatility and identifies potential turning points. Once you provide me with this information, I can calculate the pivot points for Bank Nifty and share the results w...