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Natural Gas Confirm Targets 400 Natural Gas Price Analysis and Outlook As of February 14, 2025, natural gas (NG) prices have exhibited significant volatility, influenced by various market dynamics. Technical Analysis Current Price Range : The latest support level for NG prices is identified between ₹286 and ₹293 per unit. Major Support Level : A more substantial support zone exists between ₹250 and ₹260, indicating strong buying interest at these levels. Major Resistance Level : On the upside, significant resistance is observed between ₹410 and ₹420, which may act as a barrier to price increases. With increasing power demand, cold weather, rising forecasts, and strong exports, natural gas prices are likely to go up in the near future
MCX:NATURALGAS1!Long
by manojshinde27
What is adx use in technical analysis ?The ADX quantifies trend strength by measuring directional movement over a given time frame. It provides traders with specific numbers (from 0 to 100) that represent strong or weak price trends. Traders can simply refer to the numbers to quickly assess the strength of a trend. Traders could utilise the ADX to help them determine entry or exit points for a trade. The ADX could be used to identify potential overbought or oversold levels in the market. Key takeaways. Average directional index (ADX) is a short-term chart indicator. It can be used to help you evaluate the market or an investment's strength. ADX currently suggests the short-term momentum behind stocks may be strong, with a caveat.
BITSTAMP:BTCUSDEducation
by SkyTradingZone
What is swing trading and how to do it ?Swing trading is a stock investment strategy where profits are made over several days or weeks. Swing traders analyze stock price patterns to anticipate when prices will rise, allowing them to buy low, and when prices will fall, enabling them to sell high. The simplest and most effective way to protect your equity through risk management is to establish strict loss parameters and abide by them. One popular method is the 2% Rule, which means you never put more than 2% of your account equity at risk The 3 5 7 rule is a risk management strategy in trading that emphasizes limiting risk on each individual trade to 3% of the trading capital, keeping overall exposure to 5% across all trades, and ensuring that winning trades yield at least 7% more profit than losing trades.
NSE:INFYEducation
by SkyTradingZone
what is breakout and retest ?The break and retest strategy involves identifying a breakout of a key support or resistance level and then waiting for the price to return to that level. Traders use this retest as a confirmation to enter the market, aiming to follow the new trend with reduced risk The break and retest strategy involves identifying key levels, waiting for a breakout, and then strategically entering the market during the retest phase. On the flip side, “trading the retest” means waiting for a broken level to be retested as new support or new resistance before entering the market. The diagram below illustrates the difference. A quick glance at the illustration above may have you wondering why anyone would enter before the retest
NSE:BANKNIFTYEducation
by SkyTradingZone
What is option chain pcr ?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. The Put-Call Ratio (PCR) is a useful indicator to understand the market sentiment at any given time. A high PCR suggests a bearish market, while a low PCR signals bullish tendencies. It helps investors assess whether the market is leaning towards optimism or pessimism, which can shape investment strategies. A good PCR ratio depends on the market context, but generally, a PCR below 0.7 indicates bullish sentiment (potential market rise), while a PCR above 1.2 suggests bearish sentiment (potential market decline)
NSE:NIFTYEducation
by SkyTradingZone
Mastering the Head & Shoulders Pattern: A Powerful Chart PatternHello Traders! Today, we’ll be diving into one of the most powerful chart patterns — the Head & Shoulder Pattern . It’s widely used by traders to spot trend reversals, particularly from bullish to bearish trends. If you’re looking to refine your technical analysis, understanding this pattern will significantly boost your trading edge. Understanding the Head & Shoulder Pattern The Head & Shoulders pattern consists of three peaks: the Left Shoulder , the Head (the highest peak), and the Right Shoulder . It indicates a trend reversal , usually occurring after a strong uptrend. Left Shoulder : The price rises to a peak, then declines. Head : The price rises higher, forming the highest peak, before pulling back again. Right Shoulder : The price rises again but fails to reach the height of the Head , followed by a decline. Key Elements for Confirmation: Neckline : A key support level formed by connecting the lows of the left shoulder and right shoulder. Breakout : Once the price breaks below the Neckline , the pattern is considered complete, signaling a potential sell-off. Trade Setup Based on Head & Shoulders: Entry Point : Enter a trade when the price breaks below the Neckline , confirming the pattern’s completion. Stop Loss : Place your stop loss just above the Right Shoulder to limit risk. Targets : Measure the distance from the Head to the Neckline and project it downward from the point of breakout for the target levels. Example: Nifty 50 Head & Shoulder Pattern In the chart, we can see the Nifty 50 forming a Head & Shoulders pattern . After the breakdown below the Neckline , the target levels are identified on chart please follow same if you see this chart pattern anywhere, indicating a potential move downward. Why is This Pattern Effective? The Head & Shoulders is highly regarded because of its clear structure and reliability in predicting bearish reversals. It helps traders identify when the market is likely to turn, giving you the opportunity to enter trades at the right time. Conclusion: The Head & Shoulders pattern is a powerful tool for identifying trend reversals. When used with additional tools like volume analysis and support/resistance levels , it can enhance your trading decisions. Always remember to use a stop loss to protect your capital and consider multiple timeframes for confirmation. Happy Trading! 😎📉
NSE:NIFTYEducation
by TraderRahulPal
advanced option trading stratergies Some common advanced options trading strategies. are: Long Straddle and Strangle: Buying a call and put with the same expiration date and different strike prices. Iron Condor and Iron Butterfly: Combining a bear call spread and a bull put spread. Which strategy is best for option trading? The long straddle is the best strategy for option trading that consists of purchasing an In-The-Money call and putting options with the same underlying asset, strike price, and expiration date. Profit potential is infinite in this method, while loss potential is limited. Also called the 1-3-2 butterfly spread, it is a common variation if the butterfly spread involving buying one option at a lower strike, selling three at a middle strike, and buying two at a higher strike. This advanced options trading strategy offers more flexibility.
NSE:BANKNIFTYEducation
by Optionclub
ready to expand AIRBNB (NASDAQ)Stock Chart Analysis for Airbnb, Inc. (NASDAQ: ABNB) on a Monthly Timeframe Relative Strength Index (RSI) RSI Value: 58.19 Interpretation: The RSI indicates that the stock is in a neutral to slightly bullish territory. RSI values above 70 indicate an overbought condition, while values below 30 indicate an oversold condition. With a current RSI of 58.19, the stock is neither overbought nor oversold. Volume Recent Volume: 67.42 million Interpretation: The recent increase in volume suggests strong buying interest and higher trading activity. A significant increase in volume often indicates strong investor interest and can signal the strength of price movements. Key Support and Resistance Levels Support Levels: 124.47 USD 128.83 USD 133.19 USD Targets Levels: 144.07 USD 164.88 USD (Target 1) 179.70 USD (Target 2) 198.57 USD (Target 3) 253.07 USD (Final Target) Trend Analysis Trendline: The chart shows a descending triangle pattern with a breakout above the upper trend line. Candlestick Patterns: The recent candlestick shows a significant upward movement with increased volume, indicating strong bullish momentum. Summary The stock has recently broken above several resistance levels and is approaching the next resistance at 144.07 USD. The RSI value suggests a neutral to slightly bullish stance, and the increase in volume indicates strong investor interest. The breakout above the descending trendline indicates a potential reversal of the previous downtrend. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. I am not a SEBI registered analyst. Please consult with a certified financial advisor before making any investment decisions.
NASDAQ:ABNBLong
by TechnicalAnalystSucrit
GRSE on weak grounds - ShortThe primary 7 wave cycle (4 yearlong) of GRSE is near its culmination. The key levels were as below. Wave Initiation: at 89.25, Wave I peaked at 222.65; Wave II retraced till 160.05; Wave III peaked at 957.50 Wave IV Retraced till 668.65; Extended Wave V Peaked at 2814.85 Sub-wave c of Wave V touched 1350.50 Sub-wave c is still unfolding and now Pennant formation are seen on charts Pennate breakdown (downwards) @ 1335 will take script to 1127 - 997 levels Scenario -1 Short on Pullback @ 1660- 1700 SL : 1800 Target: 1335 Scenario -2 OR on -Confirm Pennant Breakdown @ 1335- 1300 Target -1127 -997 Stop Loss - 1450
NSE:GRSEShort
by DrPrashantVerma
BTC#16: Price reaction has changed positively.BTC break out SW?💎 💎 💎 In recent days, although important data information has been released, BTC is still in the Sideway zone and there are some positive signs. We continue to plan the next 💎 💎 💎 1️⃣ **Fundamental analysis:** 📊 Financial report, Fed Logan said that if the labor market remains strong, better inflation data does not necessarily mean the Fed can cut interest rates. Inflation data in the next few months will be very important; also pay attention to changes in geopolitics and policies; the impact of these factors on the economy is being closely monitored. 🚀 GameStop is considering investing in Bitcoin and other cryptocurrencies. Three sources said GameStop is exploring investing in alternative assets, including cryptocurrencies, especially Bitcoin. GameStop shares rose nearly 20% in after-hours trading following the news. 2️⃣ **Technical analysis:** 🔹 **D Frame**: We can see that although the price has not yet escaped the Sideway zone, the continuous appearance of higher lows is a positive signal to pay attention to. 🔹 **H4 Frame**: After the price reaction at 94x, although the 97x zone has not been penetrated, the price reaction in this area is giving positive signals 🔹 **H1 Frame**: The price structure has a change from bearish to bullish. If the trendline area continues to hold, there is a high possibility that the bulls will continue to dominate next week. 3️⃣ **Trading plan:* ⛔ The economic data released last week brought many fluctuations to the US dollar, but the price of BTC still did not have any significant changes. However, with the current price reaction, we should not apply the trading strategy in the SW price zone anymore. The 2 price zones have been tested quite a lot. This is a sign of an upcoming strong fluctuation ✅ The short-term price structure is in favor of the bulls. We can consider looking for a position if the price structure shows signs. 💪 **Good luck trading!**
by TonyL0ng
ready to blast SBI CARDSRelative Strength Index (RSI) RSI Value: 58.34 Interpretation: The RSI indicates that the stock is in a neutral to slightly bullish territory. RSI values above 70 indicate an overbought condition, while values below 30 indicate an oversold condition. With a current RSI of 58.34, the stock is neither overbought nor oversold. Volume Recent Volume: 30.41 million Interpretation: The recent increase in volume suggests strong buying interest and higher trading activity. A significant increase in volume often indicates strong investor interest and can signal the strength of price movements. Key Support and Resistance Levels Support Levels: 647.95 INR (Highlighted support zone) Resistance Levels: 769.00 INR 806.45 INR 843.90 INR 900.05 INR Target 1: 1,055.80 INR Target 2: 1,166.65 INR Target 3: 1,307.90 INR Trend Analysis Trendline: The chart shows a descending trendline from point 'b' to point 'c', which has been recently broken with the latest candlestick moving above the trendline. This breakout indicates a potential reversal of the previous downtrend. Candlestick Patterns: The recent candlestick shows a significant upward movement with a closing price of 859.00 INR, up by 80.80 INR (+10.38%). Summary The stock has recently broken above several resistance levels (769.00 INR, 806.45 INR, and 843.90 INR) and is approaching the next resistance at 900.05 INR. The RSI value suggests a neutral to slightly bullish stance, and the increase in volume indicates strong investor interest. The breakout above the descending trendline indicates a potential reversal of the previous downtrend. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. I am not a SEBI registered analyst. Please consult with a certified financial advisor before making any investment decisions.
NSE:SBICARDLong
by TechnicalAnalystSucrit
5
USDCAD - EXPECTING BREAKDOWN OF CONSOLIDATIONSymbol - USDCAD The USDCAD pair is currently consolidating within the range of 1.4485 to 1.4280 The US dollar has been experiencing negative momentum recently. However, with the Non-Farm Payroll (NFP) report upcoming, the data could either reinforce the ongoing correction or provide support to the US dollar index. Market attention is focused on today's economic announcements. If the actual NFP results fall below the forecasted 169K, expectations for a Federal Reserve rate cut are likely to strengthen. Today, The Federal Reserve's monetary policy report will be released, potentially offering further insights into the regulator's future actions. Should the NFP data be weaker than anticipated, the US dollar may depreciate, leading to a potential decline in USDCAD. Conversely, if the data exceeds expectations, the US dollar is expected to strengthen, driving USDCAD higher. In the event that the Federal Reserve signals a potential rate cut, the US dollar could weaken, thereby supporting the Canadian dollar. Resistance levels: 1.4345, 1.4370 Support level: 1.4280 Given the uncertainty surrounding the upcoming data, it is challenging to predict the precise market outcome. From a technical perspective, the currency pair appears weak due to the falling value of the US dollar. A break below the 1.4280 support level could signal further downside potential.
Short
by akshit_official
1
EURUSD - EXPECTING UPSIDE AFTER BREAKOUT OF RESISTANCESymbol - EURUSD CMP 1.0360 EURUSD is attempting to capitalize on the recent correction in the U.S. dollar. The price is currently undergoing a retest of consolidation resistance, aiming for a potential breakout and further upward movement. Following an initial attempt to breach the downtrend resistance, the price entered a consolidation phase, establishing a range between 1.0530 and 1.0210. Within this setup, a local consolidation channel has formed, with the price testing the resistance at 1.0380 The market is still in the process of confirming a trend reversal and seeking to strengthen in the context of the dollar's correction. The fundamental landscape remains complex, influenced by the Trump's ongoing tariff dispute and the broader economic crisis. Resistance Levels: 1.0380, 1.0530 Support Levels: 1.0330, 1.0210 A breakout above the 1.0380 resistance level, followed by price consolidation above this area, could signal further growth, driven by the distribution of the accumulated potential.
Long
by akshit_official
GOLD - BULLS NEED TO EXERCISE CAUTIONSymbol - XAUUSD CMP - 2916 Gold is currently testing a critical risk zone within its corrective phase, where the market faces a decision point: either the continuation of the prevailing trend or the onset of a deeper correction. Attention is focused on the recently released US CPI data, which exceeded expectations. Markets remain uncertain due to the potential impact of President Trump’s proposed tariffs and the Federal Reserve's policy stance. According to the Wall Street Journal, the administration is preparing to introduce new tariffs, further adding to global economic risks. US CPI remained significantly above the Federal Reserve's target in January. Mr. Powell has indicated that the Fed is not in a rush to alter its course, leading to heightened expectations of a single rate cut in December, which in turn has supported rising bond yields. Gold is currently trading within a crucial zone, and at levels that suggest it is overbought. In my view, the ongoing rally is nearing its conclusion. Resistance Levels: 2920, 2928, 2942 Support Levels: 2897, 2880, 2855 A false break below the support level at 2897 would signal continued bullish sentiment and potential aggression in the market. If the bulls maintain price levels above 2920-2928, we may see further rally towards 2942, 2960, and potentially 3000. However, if gold breaks below 2880 and remains beneath this level, liquidation could occur, leading to price declines towards 2855, 2842, and potentially lower levels.
OANDA:XAUUSDShort
by akshit_official
NIFTYnifty ma be more 100 - 200 (max 300). we can see ath in this year. may be we can see some retracement from ath upto 24500 in this year. buy nifty etf , stock which are on support levels in monthly time frame. ignore all the stock which rally in past few years like psu, defence,railways. don't try to average this stock. select which doesn't rally in past few years. like bank, fmcg , plastic products, footwears . don't buys stock which are in ath levels. buys stock like pel, hul, britannia, venkeys , avantifeeds, jublfoods,kaveri seeds,vstind, bata india,maruti , pharma stock like natco pharma, jubl pharma, . hedge with nifty etf and gold etf.
NSE:NIFTYLong
by devobrataroy