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
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.
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[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.
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
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.
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Nifty Weekly Analysis For 11-11-24 to 15-11-24Nifty Weekly Analysis For 11-11-24 to 15-11-24
23780-24550 is the Non Directional range for Nifty.
Option sellers can sell the above range until nifty breaks the range on either side.
If Nifty trades below 23780, current Downtrend continues and Targets are 23480/23080.
Long only If Nifty sustains above 24600, Targets on upside are 24800/25080.
View: Sideways to Bearish.
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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#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.
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.
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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.
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
HINDUNILVR is holding a long term investment opportunityHINDUNILVR has taken support from its daily TF buying order block and has broken its structure on hourly time frame at 2485.45 and it is about to change its character at the level of 2516.95 and once it is successful in closing above 2545.95 it is not going to stop its bull run, it is a very good opportunity for the swing traders and long term investors to enter the rally and hold it for massive gains in long term.
Nifty Trade Setup & Commentary - Nifty is currently trading at 24,148
- Nifty overall structure is at a very crucial point where we have a make or break structure
- Important zone and area to watch for bulls will be 23,813 and if this gets breached or if we see a weekly closing below this I expect Nifty to free fall till 23,200 and then 21,285
- Nifty Demand and POI Zones: 21,285 and 23,200
- Nifty Supply Zones: 25,200
- If Nifty goes upto 25,200 and shows a relief rally dont consider or assume the bull run is back because we need to flip that zone and wait for nifty to make a weekly close above 25,200 if order to turn bullish again