Among many interesting patterns found in the stock markets, a set of numbers particularly stands out - the Fibonacci series aka the ‘magic numbers’.
🪄 What is the Fibonacci series?
The Fibonacci series, developed by an Italian mathematician in the 13th century is a sequence of numbers, starting with 0 and 1, such that each number is equal to the sum of the preceding two numbers. This interesting pattern found in the number of petals of flowers and spiral galaxies in space, has found uses in trading.
So we did some work and found the following stocks taking help from the Fibonacci series...
Learn which stocks made it to the list as well as the Fibonacci inspired strategy we used in our latest newsletter issue. Get such scanned stock ideas delivered to your inbox daily by signing up for Upsurge's Newsletter:
https://upsurgenewsletter.beehiiv.com/subscribe
🪄 What is the Fibonacci series?
The Fibonacci series, developed by an Italian mathematician in the 13th century is a sequence of numbers, starting with 0 and 1, such that each number is equal to the sum of the preceding two numbers. This interesting pattern found in the number of petals of flowers and spiral galaxies in space, has found uses in trading.
So we did some work and found the following stocks taking help from the Fibonacci series...
Learn which stocks made it to the list as well as the Fibonacci inspired strategy we used in our latest newsletter issue. Get such scanned stock ideas delivered to your inbox daily by signing up for Upsurge's Newsletter:
https://upsurgenewsletter.beehiiv.com/subscribe
Should you BNPL for stocks? 💰
Listen to this episode from Why Not Mint Money on Spotify. Mint’s Sashind talks to Jay Prakash Gupta, Founder, Dhan about the risks and benefits of using the margin Trading Facility (MTF).
Tune in here - https://spotify.link/4sVIkkkSWDb
Listen to this episode from Why Not Mint Money on Spotify. Mint’s Sashind talks to Jay Prakash Gupta, Founder, Dhan about the risks and benefits of using the margin Trading Facility (MTF).
Tune in here - https://spotify.link/4sVIkkkSWDb
Spotify
Should you BNPL for stocks?
Listen to this episode from Why Not Mint Money on Spotify. Mint’s Sashind talks to Jay Prakash Gupta of Dhan about the risks and benefits of using the margin Trading Facility (MTF). MTF is a way of buying stocks on loan.
Now Live: Set Your Order Preferences 💯
With this feature, you'll be able to better personalize your trading setup. Now pre-set Order Limits & Personal Preferences in Trader's Controls.
Customize your trading experience and place orders faster. Saving you time and effort! Set default quantities for quick order placement. ✅
Know more about the feature here - https://community.dhan.co/t/introducing-pre-set-order-size-lots-for-fast-order-placement-on-dhan/18654
With this feature, you'll be able to better personalize your trading setup. Now pre-set Order Limits & Personal Preferences in Trader's Controls.
Customize your trading experience and place orders faster. Saving you time and effort! Set default quantities for quick order placement. ✅
Know more about the feature here - https://community.dhan.co/t/introducing-pre-set-order-size-lots-for-fast-order-placement-on-dhan/18654
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Set your order preferences easily 💯
Traders,
What’s that one piece of advice that’s helped you when things were tough and during good times?
Do share with us here: https://community.dhan.co/t/trader-share-your-top-trading-rule/18805
What’s that one piece of advice that’s helped you when things were tough and during good times?
Do share with us here: https://community.dhan.co/t/trader-share-your-top-trading-rule/18805
Dhan Community
Trader: Share your Top Trading Rule🚀
Hello All, What’s that one piece of advice that’s helped you when things were tough and during good times? Your tip will be super helpful for other traders.
Custom Strategy Builder on Options Trader app by Dhan is coming soon 🎉
Build your strategies for NIFTY, BANK NIFTY, FIN NIFTY, SENSEX, Commodities and Currencies. Experience like never before, integrated with 1-tap Lightning Fast execution ⚡️🚀
And it’s Free 😎
Get ready!
Build your strategies for NIFTY, BANK NIFTY, FIN NIFTY, SENSEX, Commodities and Currencies. Experience like never before, integrated with 1-tap Lightning Fast execution ⚡️🚀
And it’s Free 😎
Get ready!
A stock forming a bullish hammer near its support line ⤴️
➡️ A single candlestick pattern, the hammer is formed when the body of a candle is small & appears at the upper end of the trading range, with the length of its lower shadow being more than twice the length of its body. A hammer signals a potential change in sentiment in the stock, a likely trend reversal.
➡️ When the hammer is formed at the bottom of a downtrend, it’s called a bullish hammer. It indicates a new buying interest after several bearish sessions.
And we found a stock forming this pattern!
Learn which stock is forming a bullish hammer & how to trade it in our latest newsletter issue dropping in your inbox at 6:30 pm today ✅
Join 1500+ people getting such strategies delivered to their inbox daily by signing up here: https://upsurgenewsletter.beehiiv.com/subscribe
➡️ A single candlestick pattern, the hammer is formed when the body of a candle is small & appears at the upper end of the trading range, with the length of its lower shadow being more than twice the length of its body. A hammer signals a potential change in sentiment in the stock, a likely trend reversal.
➡️ When the hammer is formed at the bottom of a downtrend, it’s called a bullish hammer. It indicates a new buying interest after several bearish sessions.
And we found a stock forming this pattern!
Learn which stock is forming a bullish hammer & how to trade it in our latest newsletter issue dropping in your inbox at 6:30 pm today ✅
Join 1500+ people getting such strategies delivered to their inbox daily by signing up here: https://upsurgenewsletter.beehiiv.com/subscribe
Custom TimeFrames are coming soon to Charts on Dhan 🚀
Across all platforms of Dhan - App, Web & TradingView!
Get ready ⚡️🌟🥰
Across all platforms of Dhan - App, Web & TradingView!
Get ready ⚡️🌟🥰
What lies ahead for India in the coming decades? Ft. Nilesh Shah, MD Kotak Mahindra AMC
Watch Now - https://youtu.be/bgIfDQIVmv8?si=7oU8BiYpI9Gek0jG
Watch Now - https://youtu.be/bgIfDQIVmv8?si=7oU8BiYpI9Gek0jG
YouTube
India's Growth Story | What lies ahead in the coming decades? Ft. Nilesh Shah, MD Kotak Mahindra AMC
📱 Download Dhan App and Start Investing & Trading in Stock Market.
https://invite.dhan.co/?join=DHAN_YT
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https://invite.dhan.co/options/?join=DHAN_YT
Follow us on:
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📱 Download Options Trader App for a Powerful F&O Trading Experience.
https://invite.dhan.co/options/?join=DHAN_YT
Follow us on:
Twitter: https://twitter.com/DhanHQ…
Now Live: Custom Timeframes on Charts 💯
✅ Apply your preferred timeframes in Minutes, Hours, Days, and Weeks on TradingView charts
✅ Available on Dhan App & Web, Options Trader App & Web, Direct trading on charts (http://tv.dhan.co)
✅ Apply your preferred timeframes in Minutes, Hours, Days, and Weeks on TradingView charts
✅ Available on Dhan App & Web, Options Trader App & Web, Direct trading on charts (http://tv.dhan.co)
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Setting custom timeframes is incredibly straightforward – you can simply start typing the desired numerical value directly on the chart. For instance, if you enter ‘x’, where ‘x’ can be any number up to 600, you’ll instantly have access to a chart with an ‘x’ minute timeframe.
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Alternatively, you can click on the timeframe section located in the top menu. Scroll down to find a new tab that allows you to specify a number, time unit and then click ‘Add’. This custom timeframe will be added to the list, & you can apply it to your chart.
Read more on using custom timeframes here - https://community.dhan.co/t/introducing-custom-timeframes-on-tradingview-charts-for-dhan/18988
Dhan Community
Introducing: Custom Timeframes on TradingView charts for Dhan
Hello Traders, At Dhan, we have always been at the forefront of setting industry benchmarks with our Products and Features that are tailored for Traders. Our integration of TradingView charts on Dhan (First in India) is a prime example of this commitment…
India's booming consumerware Cello World is here with its IPO. Cello is a significant player, with a strong presence in consumer houseware and consumer glassware.
💰Key Financials (in ₹ lakhs):
- Revenue from Operations: ₹4,717.79 (June 30, 2023)
- Restated Profit: ₹828.28
- Earnings per Equity Share: ₹3.65
- Net Asset Value per Equity Share: ₹57.79
📅 IPO Details:
Open Date: Oct 30, 2023
Close Date: Nov 1, 2023
Issue Size: ₹1,900.00 Cr
Price: ₹617 to ₹648 per share
Lot Size: 23 Shares
Apply Now: https://links.dhan.co/?screenName=IPO
💰Key Financials (in ₹ lakhs):
- Revenue from Operations: ₹4,717.79 (June 30, 2023)
- Restated Profit: ₹828.28
- Earnings per Equity Share: ₹3.65
- Net Asset Value per Equity Share: ₹57.79
📅 IPO Details:
Open Date: Oct 30, 2023
Close Date: Nov 1, 2023
Issue Size: ₹1,900.00 Cr
Price: ₹617 to ₹648 per share
Lot Size: 23 Shares
Apply Now: https://links.dhan.co/?screenName=IPO
➡️ Tweezers are candlestick patterns characterized by 2 or more candles having matching highs or lows. They are short-term trend reversal patterns, and are more reliable when preceded by a long-body candle.
➡️ There are 2 types of tweezers - one for bullish reversals and one for bearish.
Learn to spot & use the different types of tweezers for winning trades in our latest newsletter issue ✅
Join 1800+ people getting such strategies delivered to their inbox daily by signing up for Upsurge's Newsletter: https://bit.ly/upsurgenl
➡️ There are 2 types of tweezers - one for bullish reversals and one for bearish.
Learn to spot & use the different types of tweezers for winning trades in our latest newsletter issue ✅
Join 1800+ people getting such strategies delivered to their inbox daily by signing up for Upsurge's Newsletter: https://bit.ly/upsurgenl