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GAIL - EXPECTING A BOUNCESymbol - GAIL CMP - 158.10 GAIL Ltd. has been following a downward trend over recent months, with the overall technical structure remaining bearish. However, the stock has recently reached a crucial support zone, which lies between the 154-162 range, a level that has held strong since January 2024. This area serves as a key support zone, and it could offer the stock a potential bounce from its current bearish trend. The stock is currently forming a rounding top pattern, a classic bearish formation that indicates a possible continuation of bearish trend at current levels or even trend reversal. Despite the overall bearish pattern, the price is consolidating near this important support level, which increases the probability of a bounce. While a short-term upward move is possible, the stock may resume its downtrend after this bounce. In the short term, the trend is still slightly bearish. The stock has encountered some selling pressure near its support zone but is testing the resilience of this critical level. For me, The current market price around 158 offers an opportunity for a long position. It may be prudent to add more to this position as the price moves toward 153-152, while keeping a stop loss at 148 to manage risk. However, if the stock breaks below 150 and sustains below this level, the current bounce scenario would be invalidated, and the stock would likely face further selling pressure, accelerating the downtrend. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:GAILShort
by akshit_official
GOLD chart analysis for Friday 21 Feb 25 Session 15M TFGold got the closing at the last trading session at 2939.59 it's near Support Zone is 2930 - 2933 price should move to this level to take support then it should go for its previous high which is 2954 and it is the target we should think about if market goes the way i told beacuse it's last day of the week and many people closes positions they're holding , another scenario is if price breaks first support and goes to major support for the day which is 2918.71-2924 level we should wait for clear confirmation without FOMO if want to enter at dip buying beacuse in case this major support breaks then it'll dump to 2900 with ease .
FXOPEN:XAUUSD
by NobleFalcon
Gold (XAU/USD) Potential Reversal from Key Support ?Gold (XAU/USD) has grabbed liquidity near the 15-minute support level and is showing signs of a potential reversal. The price has respected a downward trendline near the all-time high, but with liquidity taken and consolidation forming, a breakout to the upside is likely. Key Factors: Price rejected from a strong support zone around $2,915 - $2,924. Liquidity grab on the 15-minute timeframe, suggesting a potential bullish move. Downward trendline breakout could trigger momentum to the upside. Risk-to-Reward: Minimum 1:2 setup with a stop-loss below the support zone and take-profit near the next resistance level. Fundamental Bias: Uncertainty in the market due to tariffs and economic news adds confluence. LMK your thoughts in comments below. 🚀📈
FX:XAUUSD
by nth_trader
OngcDate : 21.02.2025 Ongc Day chart Head & shoulder, neckline is make or break coz it is in confluence with wedge base The company has shown a good profit growth of 53.31% for the Past 3 years. The company has shown a good revenue growth of 23.98% for the Past 3 years. Company is virtually debt free. Company has a healthy Interest coverage ratio of 13.99. The Company has been maintaining an effective average operating margins of 31.57% in the last 5 years. The company has a good cash flow management; CFO/PAT stands at 1.93. The company has a high promoter holding of 58.89%. Regards, Ankur
NSE:ONGC
by AnkurSingh
what is Smart money concept ?The **Smart Money Concept (SMC)** refers to the idea of tracking and following the investment activities and market movements made by experienced, knowledgeable, and well-capitalized investors or institutions. These investors are often referred to as "smart money" because they have access to sophisticated research, tools, and insights, giving them an edge over the average investor. The concept revolves around the belief that if you can identify where these smart money players are moving, you can potentially profit by mimicking their strategies. Here are key points that define the **Smart Money Concept**: 1. **Institutional Investors**: Large banks, hedge funds, mutual funds, and other big financial entities with substantial capital are considered "smart money" because they can move markets with their decisions. 2. **Market Indicators**: Traders and investors who follow SMC track key market indicators, such as institutional buying/selling patterns, volume spikes, order flow, and other technical analysis tools, to identify where smart money is moving. 3. **Price Action and Market Structure**: A lot of SMC analysis focuses on reading price action and understanding the structure of markets to interpret the intentions of these big players. 4. **Contrarian Strategy**: The Smart Money Concept sometimes involves a contrarian approach—buying when smart money is accumulating assets (often before the general public catches on) and selling when smart money is offloading (often before prices fall). 5. **Risk Management**: Those who follow the Smart Money Concept emphasize understanding the risks associated with following institutional investors and avoid blindly mimicking their moves without conducting independent analysis.
NSE:NIFTYEducation
by SkyTradingZone
USOIL Chart Pattern for upcoming session's 15M TFWith accordance to 4H TF USOIL should fall to 71.500 to 71.200 with ease in this session but if we take a look to Daily TF we may see a price upper side when it touches 71.65-71.750 ,i've analysed it bit more it looks like if it goes to 71.500 then we should wait for 71.350 level to break and close below it and then short till 70.600 but in case it takes rejection at level of 71.350 - 71.500 then we can see 73.000 as our next target .
FX:USOIL
by NobleFalcon
Gold Chart pattern for upcoming session's 15M TFIn the last session gold made a new High of 2946.97 but in higher TF such as Daily TF it forms Doji candle due to its closing at 2933 level we've to wait for the breakout or breakdown of the Doji high and low to get in trade i've clearly mentioned resistance and support zone's in the chart which can play a good role in future price movement and we also have a minor support zone of 2923-2925 which can cause a change of character and push for new high , right now due to doji formation i'll consider no trade zone till we'll get breakdown or breakout , if we get breakdown of the support then we should go for shorting and if breakout happens we should go for buying .
FXOPEN:XAUUSD
by NobleFalcon
what is RSI and Rsi divergence ?**RSI (Relative Strength Index)** is a popular technical indicator used in financial markets, primarily to assess the strength or momentum of a security's price movement. It was developed by J. Welles Wilder in the late 1970s. - **RSI Calculation:** The RSI ranges from 0 to 100 and is typically calculated using 14 periods (though it can be adjusted). The formula compares the magnitude of recent gains to recent losses in price movement, essentially measuring how overbought or oversold an asset might be. - RSI = 100 - (100 / (1 + RS)), where **RS** is the average of "up closes" divided by the average of "down closes" over the given period. **Key Levels to Watch:** - **Overbought:** RSI above 70 typically suggests the asset might be overbought and could face a price reversal or pullback. - **Oversold:** RSI below 30 typically suggests the asset might be oversold and could experience a price reversal upward. --- **RSI Divergence** occurs when there is a discrepancy between the price movement of an asset and the movement of the RSI. - **Bullish Divergence:** This happens when the price forms lower lows, but the RSI forms higher lows. It suggests that despite falling prices, the downward momentum is weakening, indicating a potential upward reversal or trend change. - **Bearish Divergence:** This happens when the price forms higher highs, but the RSI forms lower highs. It suggests that despite rising prices, the upward momentum is weakening, indicating a potential downward reversal or trend change. ### Example: - **Bullish Divergence:** Imagine a stock price makes a new low, but the RSI makes a higher low. This divergence could signal a buying opportunity as the stock might be oversold and due for a bounce. - **Bearish Divergence:** If a stock price makes a new high, but the RSI forms a lower high, it may signal a potential selling opportunity because the buying momentum is weakening, and a price drop could be imminent. RSI divergence is considered a potential signal, but it's often more reliable when used in conjunction with other technical indicators or chart patterns to confirm a potential reversal.
NSE:NIFTYEducation
by SkyTradingZone
SHRIRAMFIN – Is the Bullish Momentum Here to Stay?🔥 SHRIRAMFIN – Is the Bullish Momentum Here to Stay? 💡 Market Action: ✅ Bullish Marubozu spotted – strong buyer interest! ✅ EMA 200 Crossover – long-term trend gaining strength. ✅ RSI Breakout – momentum picking up. 📌 Key Levels to Watch: 📈 Resistance: 590 | 599 | 615 🚀 📉 Support: 564 | 548 | 539 🛡 🔹 High: 582.25 | Close: 580.85 👀 Market Insight: Can SHRIRAMFIN sustain this bullish momentum and break past 590, or will it pause for a retest near 564 before the next move?
NSE:SHRIRAMFINLong
by simpletradewithpatience
Eicher - Seeing A ReversalCMP 4703 on 17.02.25 All important levels are mentioned on the chart. In the last 6 months, the stock price has taken support many times on the dotted line shown on the chart. This time again comes to the support. The price is corrected around 10% after the earnings declaration. Though it is a risky setup, the risk-reward ratio is quite good at present. If gives a bounceback, upside targets may be 4910/5100 and 5300. Keep your stop-loss strict according to risk management. This is only for learning and sharing purposes, not a trading recommendation in any way. All the best.
NSE:EICHERMOTLong
by anandlive
CAKEUSDT - BULLISH REVERSAL OR TRAP? - EXPECTING SELL OFFSymbol - CAKEUSDT CMP - 2.570 CAKEUSDT is currently experiencing a false breakdown of critical resistance levels, indicative of a bullish rally. The potential further decline in altcoins may be influenced by Bitcoin's ongoing weakness. Technically, the movement in CAKE appears to be a counter-trend strategy, aiming to accumulate liquidity before a possible decline. The altcoin market remains fragile, with most coins still searching for a bottom, while Bitcoin is consolidating but shows signs of a potential decline toward the 91K-90K range. CAKEUSDT is currently focused on the 2.614 - 2.728 range. If the bears maintain control and keep the price below these levels, the coin may experience a downward trend in the short to medium term. Resistance levels: 2.614, 2.728 Support levels: 2.420, 2.063 Statistical analysis suggests that a false breakdown often leads to significant market movements, potentially even trend reversals. In this instance, the current movement is a counter-trend maneuver, and if the price experiences a local reversal, the coin will likely be subjected to downward pressure from the prevailing trend. A sustained price drop below 2.614 could intensify the decline, targeting 2.420, 2.060, and 1.040 levels.
Short
by akshit_official
Strong Bullish Momentum with RSI Breakout📈 Stock: BSE Ltd (NSE:BSE) 🔍 Closing Price: 5631 📊 Patterns: Bullish Engulfing, Bullish Marubozu, Strong Bullish Candle 📉 Technical Signal: RSI Breakout Key Observations: ✅ Bullish Engulfing & Marubozu indicate strong buying pressure. ✅ RSI Breakout, signaling increased bullish momentum. ✅ Strong price action with a decisive close near the high. Key Levels to Watch: 🔹 Support Zones: 5295 – 6009 – 6345 🔹 Resistance Zones: 5295 – 4960 – 4770 Trading Plan: 📌 Sustaining above 5675, potential upside towards 6009 and 6345. 📌 Below 5295, a pullback towards 4960 could be possible.
NSE:BSELong
by simpletradewithpatience
2
Gail Let's perform a **technical analysis** of **GAIL India Ltd.** (GAIL) based on key technical indicators. Since I don't have real-time market data, I'll guide you through the analysis framework, and you can apply it with the latest data from a charting platform. --- ### **Technical Analysis of GAIL India Ltd.** #### **1. Support and Resistance Levels** - **Support Levels:** - Support levels are price zones where the stock has historically reversed from a downtrend. - **Example Support Levels:** If GAIL has previously found support at ₹105, ₹100, or ₹95, these are important levels to monitor. A drop below these levels could signal further weakness. - If the stock is near support and starts to bounce back, this could indicate a potential buying opportunity. - **Resistance Levels:** - Resistance is where the stock has faced selling pressure or turned down in the past. - **Example Resistance Levels:** Look for levels such as ₹120, ₹125, or ₹130, where the stock has previously struggled to move higher. - A breakout above these levels could signal that the stock is entering a new bullish phase. #### **2. Moving Averages (MA)** - **50-day Moving Average (MA):** - The 50-day MA helps identify the short-term trend. If the stock is above the 50-day MA, it suggests short-term bullish momentum. If below, it suggests short-term bearishness. - **Example:** If GAIL is trading at ₹110 and the 50-day MA is ₹108, it indicates a short-term bullish trend. - **200-day Moving Average (MA):** - The 200-day MA is used to identify the long-term trend. If the stock is trading above the 200-day MA, it indicates a long-term bullish trend. - **Example:** If the stock is at ₹110 and the 200-day MA is ₹105, it confirms a long-term bullish trend. #### **3. RSI (Relative Strength Index)** - **RSI Levels:** - **Above 70:** The stock may be overbought, indicating a potential pullback or consolidation. - **Below 30:** The stock may be oversold, suggesting a potential upward reversal. - **Current Example:** - If the RSI is **above 70**, GAIL may be overbought and could face a price correction. - If the RSI is **below 30**, GAIL may be oversold, suggesting the stock could bounce upward. #### **4. MACD (Moving Average Convergence Divergence)** - **Bullish Signal:** A bullish crossover occurs when the MACD line crosses above the signal line, indicating a potential upward momentum. - **Bearish Signal:** A bearish crossover occurs when the MACD line crosses below the signal line, indicating a potential downward move. - **Current Example:** - If the MACD is above the signal line, this is a bullish signal for GAIL. - If the MACD is below the signal line, it might indicate that GAIL could face downward pressure. #### **5. Volume Analysis** - **Increasing Volume:** A price move with increasing volume indicates strong buying or selling interest and reinforces the current trend. - **Decreasing Volume:** If the stock rises or falls on decreasing volume, it may indicate weakening momentum. - **Current Example:** - If GAIL is rising with increasing volume, it shows strong support for the upward movement. - If the stock is moving down with increasing volume, it may indicate a strong downtrend. #### **6. Candlestick Patterns** - **Bullish Patterns:** - **Bullish Engulfing**, **Hammer**, and **Morning Star** patterns at key support levels suggest a potential reversal to the upside. - **Bearish Patterns:** - **Shooting Star**, **Bearish Engulfing**, and **Evening Star** patterns at key resistance levels signal a potential reversal to the downside. - **Current Example:** - If a **Bullish Engulfing** pattern forms near a support level (like ₹100), it could signal a reversal to the upside. - If a **Shooting Star** forms near a resistance level (like ₹120), it could indicate a potential downward reversal. #### **7. Fibonacci Retracement Levels** - **Fibonacci Retracement Levels** help identify potential support and resistance during price retracements. The key levels are **23.6%, 38.2%, 50%, 61.8%**. - **Current Example:** - If GAIL has moved from ₹95 to ₹120, you could check the following Fibonacci levels: - **23.6% retracement** around ₹115 - **38.2% retracement** around ₹110 - **50% retracement** around ₹105 - **61.8% retracement** around ₹102 These levels can act as potential support if the stock pulls back. --- **Disclaimer:** - I am not a SEBI-registered professional or licensed financial advisor. - All analysis, recommendations, and opinions provided are based on historical price data, patterns, and general market trends. - Any action you take on the basis of this information is at your own risk. Please consult with a licensed financial advisor before making any investment decisions. - Technical analysis cannot guarantee future results and may not be accurate in predicting market movements. - Stock prices and market conditions can be influenced by many factors, including external events, news, and economic data, which are beyond the scope of this analysis.
NSE:GAILLong
by Globaltradehub
Crude bought at 6205 , profit booked at 6350 , re entry 6200 How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st D point : 0% is recent top or bottom. Trailing SL: 20.2% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 20.2% then early or risky traders can reversal trade , Targets : Target T1 : 28.3% Target T1 : 37.8 % Target T3 : 48.1% T3: 60.2% to 66.9 % is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Next Targets are 77.5 % , 88.1 % 100% , 113.5 % , 127.3% , 141.2% and 160.2 , 177.5. final Target 200% 160.2 to 177.5% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 20.2 % or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 10.1% ) is used for re-entry then SL recent high or low Point D ( 0% ) . Target is same as early 20.2% , 28.3 , 37.8 and so on Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:CRUDEOIL1!
by EquityCommodityForexJaiprakash
WTI Crude Oil Trading Recommendation - SELL StrategyInstrument: USOIL (WTI Crude Oil) Timeframe: 1H, 4h Strategy: Pending Sell Order (Sell Limit) Technical Analysis: WTI crude oil is approaching a key resistance zone at 72.5 - 72.9 USD/barrel, where strong selling pressure is expected. The overall trend remains bearish as the price stays below the EMA 33 levels. If the price reacts strongly at this level, a pullback towards lower support zones is highly likely. Trade Setup: ✅ Entry (Sell Limit): 72.5 - 72.9 USD/barrel. ✅ Stop Loss (SL): 73.00 - 73.80 USD/barrel. ✅ Take Profit (TP): Target 1: 69.88 USD/barrel. Target 2: 68.36 - 67.40 USD/barrel. ✅ Holding Time: Expected until early next week. Market Outlook: The 72.5 - 72.9 USD zone is an ideal area for short-selling due to strong supply levels. If the price shows a bearish reaction here, selling pressure could push it down to 69.88 USD, and possibly lower to 68.36 - 67.40 USD. This strategy aims to take advantage of a pullback before continuing the downtrend, offering a favorable risk-reward ratio.
TVC:USOILShort
by ngohungsky941