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Showing posts from January, 2024

Hind Copper Screener

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Hind Copper Screener Sure, here's a quick overview of Hindustan Copper Ltd. (HCL) as of January 5, 2024: Company: Hindustan Copper Ltd. (HCL) is a Public Sector Undertaking (PSU) under the Ministry of Mines, Government of India. It is the only integrated copper producer in India, encompassing mining, beneficiation, smelting, refining, and casting of refined copper metal. Financials: Market Capitalization: ₹27,396 Cr P/E Ratio: 84.63 (High compared to peers) Dividend Yield: 0.32% (Low compared to peers) ROCE: 18.04% (Healthy) ROE: 14.70% (Good) Positives: Reduced debt Good profit growth of 29.9% CAGR over the last 5 years Healthy dividend payout of 29.9% Negatives: High P/E ratio relative to peers Low dividend yield compared to peers Overall: Hindustan Copper is a leading copper producer in India with a strong track record of financial performance. However, the high P/E ratio and low dividend yield may be concerning fo...

NR7 Pattern

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 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

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 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

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 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

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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

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 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

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  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...

Banknifty Pivot Point

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  Banknifty Pivot Point The Banknifty Pivot Point is a technical indicator that can be used to identify potential support and resistance levels for the Banknifty index. It is calculated by taking the average of the previous day's high, low, and close. The pivot point is marked as a horizontal line on the chart. The support and resistance levels are calculated by adding or subtracting a percentage of the pivot point from the pivot point. The most common percentage used is 10%, but other percentages can be used as well. In the chart above, the pivot point is 47,661.70. The support levels are 47,524.60, 47,344.30, and 47,207.20. The resistance levels are 47,842.05, 47,979.10, and 48,159.45. If the Banknifty index breaks below the S1 level, it could indicate that there is selling pressure and that the index could fall further. Conversely, if the index breaks above the R1 level, it could indicate that there is buying pressure and that the index could rise further. Of course, pivot point...

Nifty Pivot Point Calculator

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Nifty Pivot Point Calculator Nifty Pivot Point Calculator A Nifty Pivot Point Calculator is a tool used by traders in the Indian stock market to predict potential support and resistance levels for the Nifty 50 index, a benchmark index that tracks the performance of the 50 largest and most liquid companies listed on the National Stock Exchange of India (NSE). Here's how it works: Input previous day's data: The calculator requires you to enter the previous day's high, low, and closing prices for the Nifty 50 index. Choose a pivot point calculation method: There are different formulas used to calculate pivot points, each with its own strengths and weaknesses. Some popular methods include Classic, Woodie's, Camarilla, and DeMark's. The calculator should allow you to choose the method you prefer. Calculate pivot points: Once you've entered the data and chosen a method, the calculator will automatically calculate the pivot point, along with several support and resista...

MCX Pivot Point

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 MCX Pivot Point MCX Pivot Points are technical analysis levels used by traders to identify potential support and resistance zones in the market. They are calculated based on the previous day's trading range (high, low, and closing price) and can be used to: Gauge the overall market sentiment (bullish or bearish) Identify potential entry and exit points for trades Set stop-loss and take-profit orders There are different types of pivot points, but the most common ones are: Pivot Point (PP): The average of the previous day's high, low, and closing price. Support levels (S1, S2, S3): Levels below the pivot point that are calculated using different formulas. They are potential areas where the price may bounce back if it falls. Resistance levels (R1, R2, R3): Levels above the pivot point that are calculated using different formulas. They are potential areas where the price may stall or reverse if it rises. Here is an example of MCX Pivot Points: As you can see, the pivot point is in...