Beyond Technical Analysis
Natural Gas Intraday Technical Analysis for 19th Dec., 24🚀 Unlock the potential with my Natural Gas Intraday Technical Analysis for 19th December, 2024!
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📍 Day Range Trigger Point (DRTP): 284.20
📅 Day Range: 19.30
📈 Long Position
🔹 Buy Above: 284.93
🎯 Target 1: 296.13
🎯 Target 2: 303.50
⛔ Stoploss: 278.50
📉 Short Position
🔹 Sell Below: 280.37
🎯 Target 1: 272.27
🎯 Target 2: 264.90
⛔ Stoploss: 286.80
🚀 How to Trade with Numro Trader Intraday Levels
Buy Setup
🕒 Wait for a 5-Min. candle to close above DRTP or Buy Above level.
📈 Confirm breakout with a candle breaking the high of the breaking candle.
🛒 Enter a buy order at the active level (DRTP or Buy Above).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP).
⚠️ Exit Rule: Set stoploss of 3 points exactly from the active level. Avoid re-entering after achieving the target.
Sell Setup
🕒 Wait for a 5-Min. candle to close below DRTP or Sell Below level.
📉 Confirm breakout with a candle breaking the low of the breaking candle.
🛒 Enter a sell order at the active level (DRTP or Sell Below).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP).
⚠️ Exit Rule: Set stoploss of 3 points exactly from the active level. Avoid re-entering after achieving the target.
✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. 📈
#NaturalGas #IntradayTrading #MCX #NumroTrader
Crude Oil Intraday Technical Analysis for 19th Dec., 24🚀 Unlock the potential with my Crude Oil Intraday Technical Analysis for 19th December, 2024!
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📍 Day Range Trigger Point (DRTP): 6021
📅 Day Range: 118
📈 Long Position
🔹 Buy Above: 6017
🎯 Target 1: 6094
🎯 Target 2: 6139
⛔ Stoploss: 5978
📉 Short Position
🔹 Sell Below: 5989
🎯 Target 1: 5948
🎯 Target 2: 5903
⛔ Stoploss: 6028
🚀 How to Trade with Numro Trader Intraday Levels
Buy Setup
🕒 Wait for a 5-Min. candle to close above DRTP or Buy Above level.
📈 Confirm breakout with a candle breaking the high of the breaking candle.
🛒 Enter a buy order at the active level (DRTP or Buy Above).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP).
⚠️ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.
Sell Setup
🕒 Wait for a 5-Min. candle to close below DRTP or Sell Below level.
📉 Confirm breakout with a candle breaking the low of the breaking candle.
🛒 Enter a sell order at the active level (DRTP or Sell Below).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP).
⚠️ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.
✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. 📈
#CrudeOil #IntradayTrading #MCX #NumroTrader
Bank Nifty Spot Intraday Technical Analysis for 19th Dec🚀 Unlock the potential with my Bank Nifty Spot Intraday Technical Analysis for 19th December, 2024!
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📍 Day Range Trigger Point (DRTP): 52,140
📅 Day Range: 817
📈 Long Position
🔹 Buy Above: 52,516
🎯 Target 1: 52,644
🎯 Target 2: 52,957
⛔ Stoploss: 52,243
📉 Short Position
🔹 Sell Below: 52,323
🎯 Target 1: 51,635
🎯 Target 2: 51,323
⛔ Stoploss: 52,595
🚀 How to Trade with Numro Trader Intraday Levels
Buy Setup
🕒 Wait for a 5-Min. candle to close above DRTP or Buy Above level.
📈 Confirm breakout with a candle breaking the high of the breaking candle.
🛒 Enter a buy order at the active level (DRTP or Buy Above).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP).
⚠️ Exit Rule: Set stoploss of 65 points exactly from the active level. Avoid re-entering after achieving the target.
Sell Setup
🕒 Wait for a 5-Min. candle to close below DRTP or Sell Below level.
📉 Confirm breakout with a candle breaking the low of the breaking candle.
🛒 Enter a sell order at the active level (DRTP or Sell Below).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP).
⚠️ Exit Rule: Set stoploss of 65 points exactly from the active level. Avoid re-entering after achieving the target.
✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. 📈
#BankNifty #IntradayTrading #StockMarket #NumroTrader
Nifty 50 Spot Intraday Technical Analysis for 19th Dec.🚀 Unlock the potential with my Nifty 50 Spot Intraday Technical Analysis for 19th December, 2024!
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📍 Day Range Trigger Point (DRTP): 24,199
📅 Day Range: 245
📈 Long Position
🔹 Buy Above: 24,301
🎯 Target 1: 24,350
🎯 Target 2: 24,443
⛔ Stoploss: 24,219
📉 Short Position
🔹 Sell Below: 24,243
🎯 Target 1: 24,048
🎯 Target 2: 23,954
⛔ Stoploss: 24,325
🚀 How to Trade with Numro Trader Intraday Levels
Buy Setup
🕒 Wait for a 5-Min. candle to close above DRTP or Buy Above level.
📈 Confirm breakout with a candle breaking the high of the breaking candle.
🛒 Enter a buy order at the active level (DRTP or Buy Above).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP).
⚠️ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.
Sell Setup
🕒 Wait for a 5-Min. candle to close below DRTP or Sell Below level.
📉 Confirm breakout with a candle breaking the low of the breaking candle.
🛒 Enter a sell order at the active level (DRTP or Sell Below).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP).
⚠️ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.
✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. 📈
#Nifty50 #IntradayTrading #StockMarket #NumroTrader
ICICI bank to test Pivot Levels , Selling may Continue till 1280After two Consecutive Selling sessions , it may or may not be a bearish moment in immediate session but to test pivot levels at 1280 and may bounce back to Higher Prices ,
Forming Lower lows consecutively , but didn't step into oversold zone still as per RSI ,
the 3 month trendline and Moving averages on daily chart shows it may test the pivot levels sooner ,
FII net buyer today but still prices were lower , if trend continues the FII may become selllers too , before going up , the prices may see some correction till 1280 in near future .
May hold buying or go short for short term .
HCC - Long Term ViewNational High-Speed Rail Corporation Ltd (NHSRCL) is overseeing the development of the Mumbai-Ahmedabad High-Speed Rail Project, spanning 508 km between Maharashtra and Gujarat.
Key companies involved in the project and poised to benefit significantly are:
1. Ircon International Ltd (IRCON)-CMP - 222
2. Hindustan Construction Company (HCC) -CMP - 44
4036 lane km of highways
60% of India's installed nuclear power capacity
403 kms of tunneling
26% of India's installed hydro power capacity
3. Larsen & Toubro (L&T)
-Cmp - 3759
As of March 31, 2024, the project's progress is as follows:
Overall Physical Progress: 41.72%
Gujarat: 50.70% (with civil works and enabling activities at 72.42%)
Maharashtra: 23.27%
Financial Progress: 48.80%
Total Expenditure: ₹59,292 crores
Expenditure for FY 2023-24: ₹17,108 crores
The route includes strategically important stops at major cities such as Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, and terminates in Ahmedabad.
The project is expected to be completed and commence operations by 2028.
Note: This is solely my view and not a recommendation please do you own research or consult your financial advisor.
MARKET SEDUCES YOU AND THEN ABUSES YOUIf you’ve been trading for a while, you’ve likely experienced the bittersweet relationship every trader has with the market. It's alluring, promising wealth and freedom, but just when you think you're in control, it turns around and shows you who's boss. If you ask me, the market is like that one girl (or guy) who seduces you with charm, only to leave you questioning every decision when reality sets in. Let me explain.
The Seduction: The Perfect Setup
Every trader starts their journey starry-eyed. Charts look predictable, patterns seem reliable, and the idea of making money feels as simple as "buy low, sell high." You see a bullish setup—a textbook breakout or a pristine reversal—and your confidence skyrockets.
The market whispers sweet nothings:
"You're smart."
"You’ve got this figured out."
"This trade is the one that will change everything."
Your heart races as you enter the trade, convinced that profits are just a formality. The charts, like a perfectly written love letter, pull you in deeper.
The Abuse: The Sudden Betrayal
And then it happens. That perfect setup? It fails. Your stop-loss gets triggered, or worse, you hold on as the market spirals out of control, dragging your account with it. The promises of wealth turn into whispers of regret:
"Why didn’t you see the signs?"
"You should’ve exited earlier."
"You’re not cut out for this."
The very market that lured you in with promises of riches now mocks you with losses. Your emotions swing wildly—frustration, regret, even self-doubt.
The Cycle of Hope and Hurt
What makes the market truly intoxicating (and dangerous) is its unpredictability. Just when you're ready to walk away, it offers another chance—a new setup that looks even better than the last. It reels you back in, and the cycle repeats.
The seductive charm of the market lies in its ability to make you believe you’re in control, only to remind you of its dominance when you least expect it. It tests your patience, discipline, and ego like nothing else.
How to Survive the Relationship
To thrive in the market, you must treat it with respect and caution, like a volatile relationship:
1. Detach from Emotion: Avoid getting too attached to any single trade. The market owes you nothing.
2. Have Clear Boundaries: Use stop-losses and position sizing to protect yourself. Don't give the market more than you're willing to lose.
3. Stay Humble: Overconfidence is the market's favorite weakness to exploit. Stay grounded and stick to your plan.
4. Learn from the Pain: Losses are inevitable, but they’re also lessons. Reflect and adapt after every setback.
The Market Is What You Make It
While the market can seduce and abuse, it’s ultimately neutral—it’s neither good nor evil. The key is in how you approach it. Treat it with caution, embrace the uncertainty, and remember: no one trade will make or break your career.
Trading isn’t just about winning; it’s about surviving. So, the next time the market flashes its charm, remind yourself: looks can be deceiving. Stay vigilant, and don’t let its allure blind you to the risks.
Positional call - LONG PREMEXPLN the chart indicates a clear change in character and a pump in volume which means institutional buying, the price has retraced back to order block ( the original buying price ) with volume dry up specifying the institutions are still holding. This may result in another displacement of price on the up side due to imbalance of demand and supply
ICICI bank Selling Pressure and ConsolidationHaving its median around 1340 for 18th Dec , and previous closing at 1333.75 , May open higher or at the closing the next day if the Selling Pressure continues it may reach till 1314 which act as a very strong support , at weekly and monthly also , but the trend for icici may change to Bearish .
Average Volume and price decline indicates Short build up , bearish sentiments may continue if the bank nifty is in selling pressure .
OIL 2HRSWING TRADE
- EARN WITH ME DAILY 10K-20K –
OIL Looking good for Downside..
When it break level 469 and sustain.. it will go Downside...
SELL @ 469
Target
1st 448
2nd 422
FNO
OIL DEC FUT – LOT 4 (Qty-4300)
OIL DEC 510 PE – LOT 4 (Qty-4300) – PRICE (40.85)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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Jyoti CNC Automation: Strong Growth, Expensive Valuation AheadJyoti CNC Automation has seen significant growth, reflected in its market cap of ₹32,690 Cr. and a current price of ₹1,436, near its 52-week high of ₹1,463. The stock’s remarkable rise from a low of ₹368 highlights strong investor interest. Key profitability metrics such as ROCE at 21.2% and ROE at 20.8% indicate efficient capital utilization and strong returns for shareholders.
However, the stock’s P/E ratio of 119 is notably high, suggesting an expensive valuation relative to earnings. Additionally, with a book value of ₹65.7, the stock trades at a significant premium, raising concerns about overvaluation. The absence of a dividend yield (0.00%) indicates the company is reinvesting profits for growth, making it appealing for growth-focused investors.
Overall, while Jyoti CNC Automation demonstrates strong fundamentals and growth potential, the premium valuation demands caution, especially for risk-averse investors.
Now talking about the Technical analysis of chart, we can observe that
- Stock is trading above its 20 EMA and 50 EMA
- Stock price has taken the liquidity above the previous weekly high price
- We have 2 FVG that could act as a potential buy are for smart money
- For buy our setup would be sweet as cake, we wait for any Fvg to be filled and a good bullish candle indicating strong participation.
- We mostly trade on Engulfing candles, Morning stars & Pinbars
Note this is for educational purpose only. Please do your own research before investing.
Bank Nifty intraday key levels for 18.2.24Hi,
* Please mark the levels in your chart and get prepared for tomorrow
* These buying and selling levels have good accuracy.
Resistance 53180 / 53545
Support 52430 / 51670
* GAP ZONE 51670 - 51260
* Inside Bar Range is 1000+ points
* A daily close below 52200 might drag BNF towards filling the Gap zone
Regards
Bull Man
Nifty Intraday key levels for 18.12.24Hi,
* Please mark the levels in your chart and get prepared for tomorrow
* These buying and selling levels have good accuracy.
Resistance 24490 / 24710
Support 24260 / 24000
* A close below 24170 on a daily closing basis might take drag Nifty downside around 580+ points (Inside Bar range)
Regards
Bull Man
Kalyani Steels Q1 down. More pain possible ahead!!!Kalyani Steels Q1 results down double digits. Weakness shown in chart since July 15. Till now 800 held as strong support. Not sure if that support will hold further. If 800 gets broken, ~18% fall to 650. Quarterly chart RSI is still ok. But monthly, weekly chart RSI are down. Double top around 1074-1083. Head and Shoulder pattern is forming. An anomaly which I already observed during this market, bearish H&S pattern gets negated.
Nifty Metals W. After reaching the cup target and then Fib target on May 21, it consolidated until Jul 8 '24 and then broke down. This month Price broken down from parallel channel as well.
Kalyani Steels had a max drawdown of ~44% twice and 40% 5 times and ~20-25% for around 7 times since Feb '22. Recent drawdown from ATH is 26%. If KSL were to break 800, then as mentioned earlier there would be a 18% fall (max drawdown 44 - recent drawdown from ATH 26 = further prediction 18) where next support is at 650.
Since my Avg price is 257 that too after exiting initial investment + 20% profit, I made my decision to stay put with the rest of the units. Apart from technical, fundamental reason for staying put is due to expansion plan at Odisha of 5124cr with 10K TPA capacity for aero & defense components