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BSL - VCP pattern Breakout on Weekly ChartBSL Ltd has given a breakout of Volatility Contraction Pattern (VCP), a bullish setup. Key points in this VCP: 3T VCP Formation: 1st Contraction: 38.7% 2nd Contraction: 31% 3rd Contraction: 15.86% These diminishing contractions indicate reduced volatility and a tightening range, suggesting that selling pressure is decreasing. Breakout: The price has broken above the consolidation area and resistance line, signaling a potential entry point for a bullish move. This breakout, coupled with high volume, adds strength to the bullish signal. Volume and Moving Averages: Noticeable volume increases during breakouts from each contraction, supporting the strength of the move. The price is above key moving averages, confirming the uptrend. Overall, this VCP and breakout pattern suggests a strong bullish setup with potential for upward momentum.
NSE:BSLLong
by Profit_Trader25
3
INFOSYS - POSITIONAL TRADE WITH VERY GOOD R:RSymbol - INFY INFY is currently trading at 1942 & approaching ATH resistance zone. I'm seeing a trading opportunity on sell side. Shorting INFY Futures at CMP 1942 I will be adding more position if 1980 comes & will hold with SL 2025 Targets I'm expecting are 1780 - 1700 - 1580 P.S. : INFY is approaching ATH resistance zone after a long time. ATH resistances are usually hard to break in one go. To break this resistance, INFY must spend some time here (2-3 weeks) before breaking out. Only then we will see more price growth towards the upside. As of know, given modestly high valuations of INFY & overall market, The setup looks more towards negative side & It is highly likely that the price will take resistance from here & change its course to south. I've shorted far month futures already. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:INFYShort
by akshit_official
2
Potential upmove | Bottom fishing - BALAMINESThese analysis is based on bottom fishing method. Meaning that the stock shows an uprising potential from the bottom. Fundamentally it can be due to any major decisions in the management or tremendous performance shown or any such positive actions. Technically, it would have shown an upmove using MA or RSI breakout or any such analysis. IMPORTANT : Wait for weekly close above the breakout level. The secret sauce is not revealed here that how I pick my stocks, however the idea is shared as an educational material. This will also help me to keep a track of my accuracy in doing analysis. Hence & also, I request anyone not to take any positions based on the accuracy of my previous feeds or moving forward. Do your own research and analysis before investing your hard earned money. Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY! DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT
NSE:BALAMINESLong
by Yoyohoneysingh93
2
Elliott Wave Triangle: The Black 2024 Effect Elliott Wave Triangle: The Black 2024 Effect – The Calm Before the Breakout The Endless Loop of Black (2024) Movie and BankNifty In Black (2024 ), a couple is trapped in a never-ending time loop, going over the same path again and again. The BankNifty Index seems to follow a similar pattern, moving in waves that repeat familiar highs and lows. This strange similarity pulls us in, as both the movie and the market seem to be on a path that’s both puzzling and exciting. A Powerful Journey Through Time Black (2024) is more than just a movie—it’s a story about love, destiny, and time’s unbreakable cycles. With powerful direction, the movie takes us on a deep journey, revealing hidden truths with each loop. In the same way, BankNifty’s wave-like patterns give moments of clarity, only to change direction again, much like a never-ending dance in the market. Could the U.S. Election Be Fueling This Pattern? BankNifty’s cycle might also reflect the high stakes of the U.S. Presidential Election . With Kamala Harris and Donald Trump neck-and-neck in the race, the market feels the tension of this intense battle. BankNifty is forming an Elliott Wave Triangle – a pattern that traps traders in a similar loop of ups and downs, mirroring the suspense and energy of the election. Elliott Wave Triangle: The Calm Before the Breakout The Elliott Wave Triangle pattern is a consolidating formation that shows up when the market is preparing for its next big move. It forms a series of back-and-forth waves, typically in five parts (A-B-C-D-E), creating a narrowing structure like a triangle. This pattern often appears before a strong breakout, either up or down, signaling that traders should be ready for a significant shift in the trend. The Elliott Wave Triangle is like a pause before the market's next direction, building energy before it makes a decisive move. Caution: Don’t Be Fooled by the Stability What looks stable may actually be unpredictable. A fall below 50194 (last reached on October 7) could spark a quick drop towards 49500-49600 . If BankNifty slips below 49500 , it could fall even further, aiming for 47800-48000 . Short Term Wave Structure Short Term Support Zone for Wave-D to Halt & Take Support is 51000-50800 - Getting Support could make it bounce upside towards falling trendline connecting Wave A & Wave-C which might bring end to Wave-E , Once wave-E gets completed …Larger trend & more violent wave will start. Alternate Wave Path - A-B-C-D1-E1 If gap is breached below 50800..Index can drop to 50500-50600 zone as support zone & follow wave path D1 & later E1 The Black Loop in BankNifty: Are You Ready? Just like the thrilling loops in Black , these market waves might seem familiar yet hide surprises at every turn. Market Whispers, can you hear them? The Black Loop in BankNifty captures both the thrill of the U.S. election and the mystery of Elliott Wave patterns. As both the story and the market cycles unfold, only those who are ready can avoid getting stuck in the loop. #elliottwavetriangle #black2024 #correctivestructure #wavetalks #correctivewaves #trianglebreakout Regards, WaveTalks Abhishek
NSE:BANKNIFTY
by WaveTalks
6
NIFTY Intraday Trade Setup For 5 Nov 2024NIFTY Intraday Trade Setup For 5 Nov 2024 Sell_1-From 24175 Invalid-Above 24225 T- 23950 Sell_2- Below 23800 Invalid-Above 23850 T- 23570 NIFTY has closed on a bearish note with 1.27% cut today. Index was just trendy after triggering short as per trade setup. Also index is approaching our position short target - 23700 zone. We have been riding short from 24850 zone which was updated on 17 Oct. We will keep riding this until our trailing sl is hit. If a daily candle closes above PDH then we exit and there will be chance of sentiment change. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes below 23800 then we will short for the target of 23570. We will also short from 24175 in case tested in the 1st hour. T- 23950 In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
1
BTC getting ready for big fallWhile doing my btc live trading analysis I've found that in big picture time frame there is a superb inverted cup and handle. Also making a consolidation on daily time frame trendline marked green. So if it works like as planned then there is a high probability with a big risk reward. Lets discuss about your views too. Its just my personal view no buy sell recommendations. You can like it, comment it, share it and follow me for btc live marketet updates.
BINANCE:BTCUSDShort
by ravi229
PRIZE NEAR VERY IMP SUPPORT - DECISIVE GAP / ZOMATOPrize has made a Double bottom pattern with a good bullish candle RIGHT at GAP area with decent volume and bullish divergences in 1 hr chart . The Weekly / Monthly trend of zomato is still intact and is bullish . With recent prize action which is happening , it can be said that unless gap is filled , zomato is likely to be bullish. Recent targets of zomato can be nearest resistance and one may change the view to bearish once the gap is Filled
NSE:ZOMATO
by shikhar_kashyap2
1
EUR/USD at Resistance 1.08914: Correction or Breakout?The current EUR/USD chart shows the currency pair facing selling pressure as it approaches the resistance zone at 1.08914. This level could hinder further gains, and if it fails to break through, EUR/USD may correct towards the support zone around 1.07684. This is a key level where buyers might seek a bounce opportunity. The 34 and 89 EMAs continue to act as major resistance, reflecting the ongoing short-term downtrend. With the current technical signals, a prudent strategy would be to wait for price reactions at the resistance and support levels to determine the next direction, rather than rushing into trades. News Update: On October 30, 2024, the U.S. dollar softened slightly from its recent highs, pausing its recent rally ahead of key macroeconomic data releases that could shift rate-cut expectations.
Short
by Will_ll
1
How To Analyze Market SentimentsHello friends, hope you all are doing well, as you all are seeing that nowadays Indian market is trading with bearish sentiments, so if there were some such methods or any such analysis due to which we could have known this a few days ago, then definitely today we would have been sitting in good profits or the loss that we are facing now would not have been happening, so let us know how we can analyze market sentiments. Market sentiment is a broad often nuanced concept that reflects the prevailing mood or attitude of investors toward a particular financial market or asset. It is a critical factor in finance and trading, as it helps in understanding the collective psychological and emotional approach that influences market trends. Market sentiment is shaped by various factors, from economic indicators to political events, and is often gauged to anticipate future price movements, assess risks, and make informed investment decisions. This article will dive deep into what market sentiment is, its types, how it is measured, the tools used to gauge it, and its importance in shaping financial markets. Understanding Market Sentiment Market sentiment refers to the overall attitude or mood of investors toward a specific market or asset at a given time. It is often described as either bullish (positive) or bearish (negative). When sentiment is bullish, investors feel optimistic and expect prices to rise. Conversely, when sentiment is bearish, investors are pessimistic and anticipate a downturn in prices. Market sentiment is subjective and can sometimes contradict fundamental analysis. For example, prices may continue to rise even if the underlying fundamentals are weak, simply because of a strong bullish sentiment. Likewise, prices might fall despite strong fundamentals if sentiment is largely bearish. Types of Market Sentiment 1. Bullish Sentiment: This indicates a positive market outlook where investors expect an uptrend. Bull markets, driven by bullish sentiment, typically see rising stock prices, increasing demand, and overall economic optimism. In such an environment, investors feel confident, which can lead to higher spending and investment in riskier assets. 2. Bearish Sentiment: This signifies a negative outlook, where investors expect a downtrend. Bear markets, driven by bearish sentiment, often see declining prices, decreased demand, and a general sense of caution among investors. In such periods, investors may shift their assets to safer investments or hold cash, fearing potential losses. 3. Neutral Sentiment: This represents a balanced view where there’s no clear optimism or pessimism. Prices tend to move within a narrow range, with limited volatility. Neutral sentiment is common in periods of market consolidation or when investors are awaiting specific events or economic data. Key Factors Influencing Market Sentiment Several factors can influence market sentiment, each of which can contribute to either a bullish or bearish outlook: 1. Economic Indicators: Key metrics such as GDP growth rates, unemployment figures, and inflation impact sentiment. Strong economic indicators tend to foster a bullish sentiment, while weak indicators might create a bearish mood. 2. Corporate Earnings Reports: The quarterly and annual earnings of major companies can significantly influence market sentiment. Positive earnings often lead to a more optimistic outlook, while disappointing earnings can cause a drop in investor confidence. 3. Political Events: Political events like elections, geopolitical tensions, or regulatory changes can affect market sentiment. For instance, a stable political environment may encourage optimism, while political instability could lead to a bearish sentiment. 4. Monetary Policy: Actions taken by central banks, like interest rate changes, have a considerable impact. For example, rate cuts might stimulate a bullish sentiment by lowering borrowing costs, whereas rate hikes might lead to a bearish outlook. 5. Market Trends and Momentum: The prevailing trend—whether uptrend or downtrend—often dictates sentiment. Rising markets attract more investors, building bullish momentum, while falling markets can fuel bearish sentiment as investors anticipate further declines. 6. Global Economic Events: Events like the COVID-19 pandemic, trade wars, or other global crises can influence sentiment by impacting economies worldwide. These events often create a heightened sense of uncertainty, impacting both retail and institutional investors’ decisions. Measuring Market Sentiment Market sentiment can be measured using various tools and indicators, which provide insights into investor mood and help predict market movements: 1. Investor Sentiment Surveys: Surveys such as the American Association of Individual Investors (AAII) Sentiment Survey and the Consumer Confidence Index (CCI) gauge investors’ confidence and outlook. High confidence often suggests bullish sentiment, while low confidence may indicate a bearish outlook. 2. Volatility Index (VIX): Often called the "Fear Index," the VIX measures market expectations of future volatility. A high VIX generally signifies a bearish sentiment with heightened fear in the market, whereas a low VIX suggests a bullish sentiment with low market volatility. 3. Put/Call Ratio: This ratio compares the volume of put options (bets on price declines) to call options (bets on price increases). A high put/call ratio often indicates bearish sentiment, while a low ratio suggests a bullish mood. 4. Market Breadth Indicators: These indicators track the number of stocks advancing versus those declining in a market. In a bullish market, a high number of stocks typically advance, while in a bearish market, declines outnumber advances. 5. Moving Averages: Moving averages, especially the 50-day and 200-day, are used to identify trends. When stock prices are above these averages, it suggests bullish sentiment, while prices below may indicate bearish sentiment. 6. Sentiment Analysis Tools: Modern algorithms and AI-driven sentiment analysis tools scrape social media, news, and other online sources to measure the general mood surrounding specific assets. These tools provide real-time sentiment data, reflecting investors' views. Role of Sentiment Analysis in Financial Markets Market sentiment analysis is a valuable tool for investors, as it offers insights into the psychology driving market movements. By understanding sentiment, investors can better anticipate trends, avoid emotional trading, and improve risk management strategies. 1. Market Timing: By analyzing sentiment, investors can determine the best times to enter or exit the market. For instance, during times of extreme pessimism (bearish sentiment), assets may be undervalued, presenting buying opportunities. 2. Risk Management: Investors can gauge the risk associated with their positions by assessing market sentiment. For instance, a highly bullish market could signify overvaluation, which may prompt cautious investors to scale back. 3. Contrarian Investing: Some investors use sentiment analysis to adopt a contrarian approach. When sentiment is overly bullish, contrarians might sell or short assets, expecting a reversal. Conversely, when sentiment is overly bearish, they may buy, anticipating a market rebound. 4. Market Reactions to News: Market sentiment helps investors understand how specific news events, like an earnings report or policy announcement, might impact prices. Investors can use this information to anticipate volatility and adjust their strategies accordingly. The Psychological Aspect of Market Sentiment Market sentiment is rooted in behavioral finance, where emotions like fear and greed heavily influence investor decisions. Herd mentality is one such phenomenon, where investors follow the crowd without conducting thorough analysis. This behavior often leads to bubbles in bullish markets or panic selling in bearish conditions. Recognizing the psychological factors at play helps investors avoid common pitfalls associated with herd behavior. Another psychological factor is confirmation bias, where investors interpret information in a way that confirms their existing beliefs. For instance, in a bullish market, investors might overlook warning signs simply because they expect prices to keep rising. Being aware of these biases allows for a more balanced perspective and can lead to better decision-making. Conclusion Market sentiment is a powerful, albeit subjective, force that shapes market trends and influences investment decisions. By understanding the nuances of bullish, bearish, and neutral sentiments, investors gain an edge in navigating financial markets. Tools like sentiment surveys, VIX, and sentiment analysis software provide valuable insights that can complement fundamental and technical analysis. However, market sentiment is not foolproof and should be considered alongside other factors. Investors must remain vigilant of psychological biases and market dynamics to make well-informed, objective investment decisions. Best Regards- Amit Hope you will like my Publication.
NSE:NIFTYEducation
by AMIT-RAJAN
1
BANKNIFTY: INSTITUTIONAL LEVELS FOR 04/11/2024QUICK GUIDE - Use 5 minute timeframe - Try to take enters at retest - Use multiple confirmation - Read full description before investing - Try to take ATM options or above Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and exit points - In this pair of lines with two colors are given (RED AND BLUE) - In this the blue line is used to take long entry and the red line is used to take short entry (But it is all based on a more conformation from your trading plan) Stop Loss/Take Profit: Stop Loss - According to this, if you take a long trade, its stop loss will be the red line just below ( A trade can exit either when the price crosses the red line or the 5 minute candlestick crosses the red line. (This can be done according to your preference) ) - A short entry should use the opposite rules to a long entry Take Profit -When you take a long entry according to the profit to be booked is on the next red line above. ( Or if there are other reasons, it can be a safe exit ) - Opposite rules for booking profit on long entry are to book profit on short trade. ( The blue line above is the stop loss of short entry ) Timeframe: According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this) Risk Disclaimer: Trading carries significant risk and is not suitable for all traders. You may lose some or all of your capital in a matter of minutes or hours. Market conditions can change rapidly, and prices can move against you quickly. You may not always be able to exit at a favorable price, and you may be required to hold a position overnight, exposing yourself to additional risk. Day trading involves high risk, high leverage, and high stakes, and you should only trade with funds you can afford to lose. Please carefully consider your financial situation, risk tolerance, and trading objectives before engaging in day trading. Engagement: Share your insights, ask questions, and learn from others in the community. Whether you're a seasoned pro or just starting out, we're all in this together. What's your take on the current market conditions? Which trading strategies are working for you? Let's discuss and help each other grow as traders! Comment below and let's get the conversation started! Original Content: This trading setup is the result of my own innovation and expertise, and is not based on any publicly available information or third-party systems. It is a reflection of my dedication to developing a competitive edge in the markets.
NSE:BANKNIFTY
by tony_fx_sm
Gold trading strategy analysis for next weekFundamental analysis 1: Gold prices fell on Friday, weighed down by a stronger dollar and higher bond yields, but weak job growth data in the world's largest economy prompted analysts to increase bets on a Fed rate cut, limiting some of the losses. Conclusion: I personally think there is a 100% chance that the Fed will cut interest rates by 25 basis points next week 2: The upcoming US election this week is also seen as one of the key factors affecting gold's trend Conclusion: I personally think that next week's interest rate meeting is scheduled just after the US election, so the gold market may use the results of the US election to reach new highs. 3: The market has different views on the future trend of gold prices, but in the long run, gold's position as a safe-haven asset and reserve currency remains solid. Especially in the current context of increasing global economic uncertainty and intensified geopolitical risks, the attractiveness of the gold market will be further enhanced. Conclusion: There may be short-term fluctuations this week, but the long-term outlook remains optimistic Technical analysis In the context of macroeconomics, we still need to undergo rational technical analysis and accurately categorize and sort out the gold trend chart. Combined with the market's volume and price sentiment, we can draw the following conclusions: 1: The short-term trend of gold has developed to the end of the graph, and it is bound to have a big market next week. 2: The current key price consolidation range is: 2730-2735. From this, we can judge the next direction, bull market? Bear market? Or oscillating trend? 3: The current high probability price oscillation range is: 2712-2760 4: Long strategy: 2730 is used as an important trend support point reference 5: Short strategy: Continue our analysis last week and use 2760 as an important pressure point. 6: The important signal of the bull market breakthrough is the breakthrough of 2760. If it can be broken, it is likely to continue to rise 7: The important signal of the bear market breakthrough is the breakthrough of 2710. If it can be broken, it is likely to continue to fall Next, I will continue to organize and share the corresponding trading signals for you, and investors should also grasp the rhythm. Thank you for your attention.
OANDA:XAUUSD
by GoldFxTradingPioneer
USOIL chart pattern for upcoming session's 15M TFUSOIL closed at 69.448 in the last session which is near to its support zone of 69.140 to 68.940 we've to watch for candlesticks patterns here because it price goes below support zone the we can easily see the 68.000 level of crude in the upcoming sessions but if price make upward momentum from here then we can get the price of 70.500-600 level in the next sessions of the oil and above it 71.300-400 is the next zone of resistance to go for.
FX:USOIL
by NobleFalcon