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BAJAJ FINSERV LTD OUTLOOKHello traders , here is the full multi time frame analysis for this STOCK, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
NSE:BAJAJFINSVLong
by okako_trading
SBILIFE OUTLOOKHello traders , here is the full multi time frame analysis for this stock, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
NSE:SBILIFELong
by okako_trading
USDCAD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Long
by okako_trading
USDJPY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Long
by okako_trading
EURUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Long
by okako_trading
GPPL Stock Analysis: Identifying Bullish Patterns and Key LevelsTake a closer look at the full monthly chart of GPPL, where we can see a clear increase in volume as the price rises, and a decrease in volume as the price corrects. The recent rally has seen significantly higher volume compared to past rallies in this price zone, suggesting a high probability of continued bullish price action in the coming time. Notice the big bottom wicks on recent candles, indicating strong buying pressure around the 170 level. GPPL is currently in a consolidation zone. If the stock closes above 200 on a weekly basis, it will increase confidence in buyers. If the resistance at 250 is broken, we recommend trailing the stop loss as per price action. However, if the price starts to weaken and sustains below 165 on a daily basis, it may indicate a loss of buying pressure. A monthly close below 165 could trigger a bigger correction, potentially reaching the 125 level. Fundamental Brief: This company had weaker last quarter results. The company growth primarily depends on international trades happening through there trade route, so it has high risk of getting impacted due to world instabilities. So if you plan to trade or invest here, managing your capital considering this risks becomes vital. This analysis provides a technical framework for understanding the current market dynamics and potential future price movements for GPPL. By monitoring these levels and trends, you can make more informed trading decisions. Actionable Takeaways: Sustained daily closings above 200 along with volume rise should attract bullish momentum here and can be considered for partial entry. Look for a breakout above 250 with an initial stop loss at 240 Trail the stop loss as per price action if the resistance is broken Monitor the 165 level for signs of buying pressure or a potential correction Be prepared to adjust your strategy if the price sustains below 165 on a daily basis
NSE:GPPLLong
by pranitmahajan
1
Sundram Fasteners Ltd Chart AnalysisDetailed Chart Analysis for Sundram Fasteners Ltd. (4-Hour Timeframe): The chart uses **Heikin Ashi candles**, which are designed to smooth price movements and highlight trends. Below is a breakdown of the key elements: ### 1. **Price Action and Heikin Ashi Candles**: - **Trend Analysis**: - The chart shows a clear **downtrend** followed by a consolidation phase and a potential reversal in the last few candles. - The **Bottom 1 and Bottom 2** labels suggest a possible **double-bottom pattern**, a bullish reversal indicator. - **Resistance and Support Levels**: - The purple line at **₹1,399.90** represents a major **resistance level**. - The green and red arrows highlight areas where the price struggled, indicating critical decision zones. ### 2. **Volume**: - **Increasing Volume at Bottom 2**: - A spike in volume at the second bottom indicates buying interest, supporting the reversal possibility. - **Volume Divergence**: - While the price declined, the volume remained relatively low, indicating reduced selling pressure during the fall. ### 3. **MACD Indicator**: - **MACD Lines**: - The MACD line (blue) is crossing above the signal line (red) around Bottom 2, which is a **bullish crossover**. - **Histogram**: - The histogram bars are turning green and increasing, signaling strengthening bullish momentum. ### 4. **RSI (Relative Strength Index)**: - **Trend**: - RSI is rising from oversold levels (below 30), confirming increasing bullish momentum. - **Current Value**: - The RSI is nearing the **neutral zone (50)**, suggesting that the price is still in the early stages of recovery. ### 5. **ATR Trailing Stops**: - The **ATR (Average True Range)** trailing stops suggest the price has broken above a previous level of resistance, adding to the bullish case. ### 6. **Zones**: - **Green Zones**: Represent potential buying or accumulation phases. - **Red Zones**: Represent selling or distribution phases. The switch from red to green further supports the bullish reversal. ### **Conclusion**: This chart indicates a potential bullish reversal: 1. **Double Bottom Formation** near strong support. 2. Bullish **MACD crossover** and RSI divergence. 3. Increased **volume at support** levels. ### **Next Steps for Trading**: - **Entry Point**: Consider entering above **₹1,180** if the price sustains. - **Stop Loss**: Place a stop loss below **₹1,120** (recent swing low). - **Target Levels**: The first target could be **₹1,300**, with the second target near **₹1,400**.
NSE:SUNDRMFASTLong
by ramumaurya
Gold analysis on Monday: 2660-2670 tests pressureGold analysis on Monday: 2660-2670 tests pressure As shown in the figure: Last week, gold experienced a big market of long and short double kills. On Monday, the Asian session continued to increase the market, which once pulled the gold price above 2650. The gold trend completely returned to the range of fluctuations: 2620-2670 Today, as the US session is about to open, gold focuses on testing: the pressure around 2660-2670. Without the boost of major news events, our intraday trading still looks at the range of fluctuations: (2660-2620) Four-hour cycle: 2620-2660 is still the main fluctuation range at present Oscillating center: 2645-2650 (Ray A: Still the most effective support line at present) After today's Asian session trend adjustment: Gold currently stands at 2645 and accumulates momentum for fluctuations below 2660. Oscillation space: Today, it is arranged around the 2670-2620 range Still focus on: the pressure performance around 2660 Strategy: ------------------------- Long-term ideas: Bottom support: 2630-2640 Breaking pressure: 2645-2650 Upward target: 2660-2670 ----------------------------------------- Short-term ideas: Top pressure: 2660-2670 Breaking support: 2645-2650 Downward target: 2630-2620 Last week, we said that gold will usher in a large fluctuation. The trend of last Friday and this Monday is obviously a situation of long and short killing. On December 9, gold did not move in a unilateral market last week. The overall fluctuation was a few tens of dollars. The interweaving of long and short news also made it difficult for gold to break. As for the news this week, it is very scarce. There is basically no focus except for regular data. What needs to be paid attention to is the Middle East and Russia-Ukraine issues. Of course, the political situation in South Korea and France also needs to be paid attention to. On Monday (December 9), the gold price opened with a continuous roller coaster market of 20 US dollars, which shows the entanglement of the market. Now the market is also waiting for more fundamental catalysts to guide the direction. Against the backdrop of global economic and political uncertainty, the gold market may continue to fluctuate, and the operation will naturally be mainly in the range. However, as far as the current situation is concerned, since the Syrian opposition forces seized control of the capital Damascus on Sunday, and the martial law crisis in South Korea has continued to ferment. The bullish opportunities have increased. From a technical point of view, at the beginning of this week, gold will temporarily fluctuate around the moving average band. If the market sentiment continues to speculate on risk aversion, then gold may test 2660-70 again, and even 2680 is possible. If the geopolitical situation gradually eases and risk aversion does not heat up, then gold may return to the technically weak trend. Focus on the 20-day line near 2630 below, and still retain the possibility of gold returning to the 2610-00 area before the Fed's interest rate decision next week, and then make a mid-term choice based on whether the Fed will suspend the interest rate cut.
FOREXCOM:XAUUSD
by G-Janaya
Symmetrical MovesCMP -1014 Fibs- When the stock makes its grid from top and bottom its an indication of a stock neither expanding nor contracting. It is a stock that has to be left alone as far as investment is concerned. The stock made symmetrical moves since it made highs in 2018. Its 6 years now and the stock is still around the 2018 highs. RSI - every time the stock makes highs the RSI is halting in the bear zone. It is an indication that the stock is now turning bearish. It is asking you to exit.
NSE:RAMCOCEM
by singh17vivek