asianpaintclearly someone is selling this stock in big quantity and making big exit.
stock is having distribution on daily chart and I don't rule out 2100
But pls be caution that wyckoff patterns takes lots of time and they are tough to trade considering the spikes in opposite direction of the trend.
Community ideas
Crude WTI Bullish Reversal hello everyone,
Crude WTI bullish reversal harminic Pattern + 61% retracement + RSI oversold, possible upside reversals.
cup&handle in BLS INTERNATIONALBLS International Services Limited (BLS), a part of the four-decades-old BLS Group with a global presence and diversified range of services, and is the biggest global players in visa application outsourcing.
Its clientele includes Indian Overseas Bank, SBI, Punjab National Bank, HDFC Bank, etc. It has a network of over 27,000 business correspondents, 1,10,000 touchpoints, and 1,000+ e-stores spread across 52 districts and over 26,000 centres in India.
ASHOKLEY - To hit 290 in the coming weeks?Ashok Leyland - CMP 222
The stock looks ready for a good upmove provided the recent swing low of 200 holds
Wave counts and technical Patterns (Rounding Bottom breakout) everything points the target towards 290 for the short-medium term
Refer to the chart for counts on various Degree/TF and Technical Patterns
Vth of Primary 3rd is now underway.
On hourly TF, price broke above the falling trendline and broke the LH/LL structure..
There could be one more dip towards 210 levels.. and thereby make a double bottom structure
but this current impulse could take the script to AVWAP from the TOP at 230 levels..
A good script to consider for Dec/Jan series
TATA MotorsMy research is based on monthly analysis.
If TATA Motors closes above 800 in November and December, it could potentially reach 1170 within the following few months. My first target is 1000, and the second target is 1200.
a PERFECT money making stockMotilal Oswaal is perfect with its Fundamental and the cagr is good too the targets of stock are more than 50% return in a year
GVK HOTELS MIDTERM (2 Years)Multi Year Break out With Volumes (Weekly TimeFrame)
Retest and Base Formation at 280 levels (Daily Time Frame)
Traingle BreakOut (DailyTime Frame)
Suggested ENTRY:
Entry: 342+ (if 1 Day Candles sustains above 342)
SL 280
Target : 680
GOLD ANALYSIS FOR 11TH NOVGold Analysis
4H: Price took demand as support, showing bullish intentions at this level.
1H: Likely to fill imbalances downwards, indicating potential for a pullback.
15M: Rejection noted from a key order block, followed by a break of recent lows and a retracement. Currently, price is positioned at a resistance level.
Plan: Wait for price to break this resistance, then observe for a retracement to confirm an entry for a short setup. Targets (TP1, TP2) are marked for reference.
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BTC All time high new target revealedHello Friends as you know I'm following and writing good articles on BTC While I am also doing my btc live trading.
So I just found btc short term target with good probability if click as planned using cup and handle pattern.
As this is just my only personal view.
You can trade according to your money management and also with proper risk reward.
To learn more stay tune follow me subscribe and comment your opinion.
Lets discuss traders.
Himatsingka might give a monthly breakout soon!Himatsinghka seide has a strong supply zone of 160-180.
If this resistance is broken, we can see a quick flight towards 280 levels.
However, as this is small cap stock, volatility is huge and hence risk is greater.
Not a recommendation. Kindly invest as per your own analysis.
NIFTY Intraday Trade Setup For 12 Nov 2024NIFTY Intraday Trade Setup For 12 Nov 2024
Bullish-Above 24390
Invalid-Below 24340
T- 24605
Bearish-Below 24000
Invalid-Above 24050
T- 23675
NIFTY has closed on a flat note today after giving both side moves in intraday. 24k acted as a strong support today. Now if index goes below 24k bearish move towards 23700 zone will be initiated. It has been said multiple times that index is sell on rise and is still valid till it trades below 50 EMA in daily TF. 24390 and 24000 are intraday levels for tomorrow.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 24390 then we will long for the target of 24605.
For selling we need a 15 Min candle close below 24k. T- 23675.
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.
#Nifty directions and levels for November 11th.Good morning, friends! 🌞 Here are the market directions and levels for November 11th.
Market Overview:
The global markets are maintaining a bullish sentiment (based on the Dow Jones), while our local market is displaying a moderately bearish outlook. Today, we might see the market open with a neutral to slightly gap-down start, as indicated by the Gifty Nifty showing a decline of 70 points.
In the previous session, both Nifty and Bank Nifty showed strong movement, but the fluctuations resembled a diagonal pattern. If the market starts off neutral, this diagonal trend may continue. Conversely, if the market experiences a significant decline, it could reach the bottom of the recent swing.
> Currently, there are no structural changes; we remain in a range-bound market. Let’s take a look at the charts.
Both Nifty and Bank Nifty are following a similar structure.
Nifty Current View:
The current view suggests that if the market finds support at the level of 24010 and gradually moves up, or if the market takes a solid pullback initially, then we can expect a minimum pullback of 38% to 50%. This is our first variation.
Alternate View:
The alternate view suggests that if the market sustains the gap down or declines solidly, then the correction will likely continue to the level of 78% to MDZ.
Finnifty Intraday Analysis for 11th November 2024NSE:CNXFINANCE
Index closed near 23835 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24200 Strike – 11.80 Lakh
24500 Strike – 9.70 Lakh
24000 Strike – 8.51 Lakh
Put Writing
23150 Strike – 6.54 Lakh
23500 Strike – 5.69 Lakh
20000 Strike – 5.18 Lakh
Index has resistance near 24000 - 24100 range and if index crosses and sustains above this level then may reach near 24250 - 24300 range.
Index has immediate support near 23650 – 23600 range and if this support is broken then index may tank near 23450 – 23400 range.
NIFTY MIDCAP SELECT is ready for selling NIFTY MIDCAP SELECT has been trading below its seller order block (12577-12560) and currently it has given break down from its selling FVG (12545-12530) i'm short on its future from the level of 12530 with a stop loss of 12585 and targeting three major levels on the lower side 12350, 12250 and 12125
BTC All time high next resistanceDear Friends I'm following
and writing good articles on BTC While I am doing my btc live trading. I just found btc short term resistance using Fibonacci levels.
As this is just my only personal view.
You can trade accordingly.
To learn more stay tune follow me
subscribe and comment your opinion
Lets discuss traders
hindalco 600 targetafter breaking trendline it is very clear that it will move to 600 level
you can bet on it
this month is timeframe
[XAUUSD] 2024.11.11 - 2024.11.15 ForecastThe Weekly candle was closed and has no candle close above 2710, which means this is not a trading range(Swing).
So my idea for next week is price will go down to 2776 or 2766 at least before going up to fill the 4H candle Top Wick before going down again.
With many Strategies, like SMC, Supply and Demand, or Trend Line, 274x Zone is the best zone for selling gold next week.
Thanks.
3 Good Price Action related swing trades for 11 Nov Week I daily make educational content videos for swing / positional trading
Natural Gas: Ready for Takeoff? Altitude Levels in Sight!✈️ Natural Gas: Ready for Takeoff? Altitude Levels in Sight! 🚀
Natural Gas is taxiing at 237-238 right now, but it looks like it’s warming up its engines for a major climb. With flight path checkpoints at 318, 386, 493, and the lofty heights of 648 on the radar, this one might just be gearing up for a vertical ascent! 📈
At these levels, Natural Gas is like a fighter jet doing its final pre-flight checks. Maybe it's just waiting for the signal to punch the throttle and blast past 318 for the first stop on this high-flying mission.
And if it gains some real altitude, we might even be looking at a top-gun finish at 648 — where the air is thin, and the views are spectacular! 🛫
So, traders, buckle up and keep those goggles on. Natural Gas is ready to soar! It could be one wild flight, and if the fuel holds up, we might all be celebrating at 30,000 feet. Here’s to Natural Gas: wheels up and skies high! 🌌✈️
Wish You Happy & safe trading
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Suzlon AccumulateSuzlon CMP: 62.50; RSI: 32.77
At present script is near to oversold territory, script has corrected to 27% in near term, fundaments of the compny is good, it can be accumulated at current price, it has good risk to reward ratio
Acuumulation Zone : Rs:60-62
Near term Target levels - Rs: 67-72-77 (3 months)
Long Term : Rs 86-87 (6 Months)
Stop loss- 54.5 (On closing basis)
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