USD/JPY Market Update: Support Holds and Resistance Levels AheadUSD/JPY has held firm at the support level and is now returning to a buy zone. Currently, the market is at 156.500, with the next resistance level set at 159.000.
I’ve explained the market clearly in my chart analysis for easier understanding.
If anyone has questions, feel free to ask in the comments or send me a message in my inbox.
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Analysis
Advanced TradingOptions are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame.
Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
Advanced Option TradingWhen options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
Yes, profits from intraday trading are considered business income and taxed according to your income tax slab. How is intraday trading taxed? Intraday trading profits are treated as short-term capital gains, added to taxable income, and taxed based on applicable slab rates.
USD/CHF Poised for a Bullish Breakout: Path to Parity Bullish Scenario 🚀📈
1. Breakout Above the EMA (200) 🔺:
If the price closes above the 200-week EMA (0.9082), it could confirm a long-term bullish trend reversal.
A strong push may target key levels like 0.9500 and eventually 1.0000 (parity) 🎯, as shown by the projection arrow.
2. RSI Support 💪:
The RSI above 50 indicates that buyers are gaining momentum.
If RSI trends toward 70, it signals even stronger bullish momentum ✅📊.
3. Higher Highs and Higher Lows 📶:
The chart is forming higher highs and higher lows, a classic signal of an uptrend.
This pattern supports a move toward higher price levels 🚀.
🔥 Key Takeaway: A breakout above the EMA could spark a powerful rally, with parity (1.0000) as a major psychological target.
Bitcoin Outlook: Bullish Momentum with the New YearWith Donald Trump now back as President in America, the success of initiatives like Trump Coin serves as an example of what’s possible. Similarly, Bitcoin appears poised to attempt a new high as we enter the new year.
However, before that, we’re seeing some bearish retests and market pullbacks. These corrections are part of the process before Bitcoin pushes toward a new high.
I’ve explained the analysis in detail on the chart for better understanding.
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INDHOTEL
The Indian Hotels Co. Ltd view for Intraday 27th Jan #INDHOTEL
Resistance 790 Watching above 792 for upside movement..
. Support area 770 Below 780 ignoring upside momentum for intraday
Watching below 768 or downside movement...
Above 780 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
XAU/USD 4H Analysis: Bullish Momentum Towards $2,780📊 XAU/USD 4H Chart Analysis – Bullish Momentum 🚀💰
📌 Key Observations:
🔹 Current Price: $2,754.16 (+0.19%)
🔹 Support Zone: $2,740 - $2,750 (Previous resistance turned support ✅)
🔹 Resistance Zone: $2,780 (Next potential target 🎯)
🔹 200 EMA: $2,687.43 (Price is above = Bullish signal 📈)
🔹 Breakout Confirmation: Price has broken past a key level and might retest before moving higher 🔄📊
📉 Potential Scenarios:
✅ Bullish Case: If price holds above $2,750, we could see a rally towards $2,780+ 🚀
❌ Bearish Case: If price drops below $2,740, we might see a correction back to $2,720 ⚠️
🔥 Conclusion:
Gold is showing strong bullish momentum and may continue its uptrend towards $2,780+ if it sustains above the breakout level! Keep an eye on support at $2,750 for confirmation. 👀💎
Tell me in Comments Would you like further indicators or a different timeframe analysis? ⏳📊
GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARD GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
PCR (Put Call Ratio) Trading The Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment.
Here PCR is computed by dividing the put trading volume by the call trading volume on a specific day. Here, Put volume indicates the total put options initiated over a specific time-frame. Conversely, Call volume indicates the total call options initiated over a specific time-frame.
Technical AnalysisTechnical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
How to perform technical analysis
Identifying the trend. This is the first step in technical analysis for traders because trading strategies can either follow the trend or go against the trend. ...
Drawing support and resistance levels. ...
Establishing entry and exit points. ...
Position sizing and risk management.
Trading MistakesIt is a high-stakes game where many are lured by the promise of quick riches but ultimately face harsh realities. One of the harsh realities of trading is the “Rule of 90,” which suggests that 90% of new traders lose 90% of their starting capital within 90 days of their first trade.
The 5-3-1 strategy is especially helpful for new traders who may be overwhelmed by the dozens of currency pairs available and the 24-7 nature of the market. The numbers five, three, and one stand for: Five currency pairs to learn and trade. Three strategies to become an expert on and use with your trades.
Basic to Advanced Trading Road MapRoadmap to being a successful trader
Step 1: Decide on your trading pattern. ...
Step 2: Select the most appropriate stock trading broker for You. ...
Step 3: Choose the best stocks for your investment. ...
Step 4: Determine your risk tolerance. ...
Step 5: Learn to be patient.
It is a high-stakes game where many are lured by the promise of quick riches but ultimately face harsh realities. One of the harsh realities of trading is the “Rule of 90,” which suggests that 90% of new traders lose 90% of their starting capital within 90 days of their first trade.
Lecture For Option Trader or Intraday TraderIntraday trading, also known as day trading, means buying and selling stocks on the same day to profit from price changes. Traders need to close their trades before the market closes. If not, the broker might automatically close them or turn them into regular trades.
Yes, profits from intraday trading are considered business income and taxed according to your income tax slab. How is intraday trading taxed? Intraday trading profits are treated as short-term capital gains, added to taxable income, and taxed based on applicable slab rates.
Advanced Option Trading with Professionals Let's review each part of the professional trader's mind to understand where you want to be, ideally as you develop as an online trader.
Discipline and Consistency. ...
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Goal Setting. ...
Risk Management.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
Bitcoin (BTC/USDT) Symmetrical Triangle Analysis: Next Move?Bitcoin (BTC/USDT) 4H Chart Analysis
Key Observations:
1. Symmetrical Triangle Pattern:
The chart shows a symmetrical triangle formation, characterized by converging trendlines.
This pattern typically signals a breakout, but the direction (up or down) depends on market momentum.
2. Current Price Action:
BTC is trading around $102,979.98 at the time of the chart.
It is above the 200 EMA ($100,003.64), indicating bullish strength.
The price recently bounced off support and is moving towards resistance.
3. Support and Resistance Levels:
Support: Around $97,785.55 (blue line).
Resistance: Around $109,636.60 (blue line).
4. Potential Scenarios:
Bullish Breakout:
If BTC breaks above the upper trendline, it may rally towards $109,636.60 or higher.
A confirmed breakout could push BTC to $112,500+.
Bearish Breakdown:
If BTC rejects at resistance and breaks downward, it could retest the $100,000 level or lower.
A breakdown could target $97,785.55 or even $95,000.
Final Thoughts:
Watch for a breakout or breakdown from the triangle pattern.
Volume is crucial—a high-volume breakout confirms strength, while low volume can indicate a fakeout.
If BTC stays above $100,000 (200 EMA support), the bullish bias remains intact.
TITAN Long
#TITAN, Something BIG COOKING!
ENTER AFTER STRONG BREAKOUT OF TREND LINE
Titan beat growth expectations across most segments and this led to likely earnings upgrades for FY25 to the tune of 4-5 per cent. The company's jewellery segment reported 26 per cent year-on-year (Y-o-Y) growth in Q2 against 9 per cent growth in Q1.
XAUUSD Analysis: Potential Bearish Pullback Towards Key Support📉 XAUUSD Daily Analysis 🔍
🚨 Potential for a Bearish Pullback 🚨
Gold (XAUUSD) is showing signs of a potential downward move after rejecting a key resistance level. If this momentum continues, we could see the price heading towards the support zone at 2680/2670.
💡 Key Insights:
📌 Market rejection at resistance = possible bearish momentum.
📌 Target support area: 2680/2670.
📌 Risk Management: Stick to 1-2% risk on trades.
⚠️ Historical Note:
When the market last hit an all-time high, it saw a sharp one-day drop. Stay cautious!
💬 Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively.
BITCOIN EYES ON A BULLISH BREAKOUT (READ_CAPTION) !!💹 #BTCUSDT Analysis
📈 Bitcoin is showing signs of a bullish continuation pattern and is heading towards its support trendline. 🟢 If the price holds strong at this level, we could see price growth and a potential upward breakout. 🚀
🔥 Key Level: Support Trendline
🛑 Watch closely for confirmation before entering the market. Patience is key! 🧘♂️
Let’s see if Bitcoin is ready to take off! 🌟📊
ETHUSDT Analysis: Major Buy Signals and Price Breakout Potential🚨 #ETHUSDT Update 🚨
📉 As expected, ETH recently dropped into our $3200–$3100 target range, highlighted in the previous analysis. After reaching this zone, the price made an upward move! 🚀
📊 Right now, ETH is consolidating in a range, and if the trendline is broken, we could see the price rise further! 🔼
KALYAN JEWELLERS! SHORT!! TRENDLINE BREAKOUT NSE:KALYANKJIL !! It's a good time to short around its all-time high, considering the current market conditions.
Entry: 715 (Buy PE: 700)
Target: Open/Mentioned
Stop Loss: @ 740
Let me know your thoughts on my analysis. Follow for more stock recommendations.
Bank nifty Analysis for upcoming monthAfter analyzing the Bank Nifty charts, I am expecting a 10% fall in the index, as there are clear signs of a breakdown on the weekly and monthly timeframes. Here are the details of the analysis:
Key Observations:
1. **Support Levels:**
- Immediate support lies in the 47,000-48,000 range.
- Once these levels are broken, the next key support levels are around 43,300-44,000, indicating a potential 10% decline from the current levels.
2. **Price and Volume Analysis:**
- Volume analysis aligns with the price action, highlighting 44,000 as a strong support zone.
- A triple top chart pattern is visible on higher timeframes, which is a bearish reversal pattern, further supporting the bearish outlook.
3. **Macro-Economic Factors:**
- Weak Q3 results from companies may act as a catalyst for the decline.
- The Indian Rupee has shown signs of weakness, adding pressure on the banking sector.
4. **Foreign Money Outflow:**
- Continued sell-off due to foreign institutional investor (FII) outflows could further exacerbate the downtrend.
Important Note:
This analysis is purely for **educational purposes only** and should not be considered as investment advice. Please conduct your own research or consult a financial advisor before making any investment decisions.
Gold silver Outlook next week Our Spot #Gold Range Prediction from 13/01/2025 to 18/01/2025 is as under.
Gold Spot :2605$-2710$
Gold INR : 76200-78800
Our Spot #Silver Range prediction from 13/01/2025 to 18/01/2025 is as under.
Silver Spot: 28.30$-30.80$
Silver INR: 86450-92900
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
EIEL - long!EIEl - Enviro Infra Engineers Ltd
Company engaged in the design, construction, operation, and maintenance of water and Waste-Water Treatment Plants (WWTPs) and water supply projects (WSSPs) for government agencies/entities.
It has retraced 100% and is ready for the up move anytime.
Disclaimer -
1- I am not a Financial Advisor
2- This is only for educational purpose.
3- I am not responsible for any of your trades .
4- Your profits or loss are not my responsibility its on your own risk completely .
5- I simply share my views towards Market , So before taking trade consult your personal Financial Advisor .