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BTC getting ready for big fallWhile doing my btc live trading analysis I've found that in big picture time frame there is a superb inverted cup and handle. Also making a consolidation on daily time frame trendline marked green. So if it works like as planned then there is a high probability with a big risk reward. Lets discuss about your views too. Its just my personal view no buy sell recommendations. You can like it, comment it, share it and follow me for btc live marketet updates.
BINANCE:BTCUSDShort
by ravi229
1
HDFCBANK Long Base BO [Weekly]HDFCBANK is finally showing a pattern I like to see in a tough market that too. Its in range of <8% from 50 DMA as well so in case it turns, we can keep that as SL level. Did come in the momentum basket screener last week as well. Among the Pvt sector Banks, ICICI and HDFC are the ones holding in overall market volatility. My guess is HDFCBANK might give good returns if this support is sustained and Nifty improvement kicks in. Its the cycle, when Index recovers, some new scrips take the lead and money flows there.
NSE:HDFCBANK
by HawkishDove
Steelcast cmp 799.25 by Weekly Chart since listed*Steelcast cmp 799.25 by Weekly Chart since listed* - Weekly basis Support at 700 > 595 > 500 with Resistance only at ATH 834 - 3 Times Bullish Rounding Bottom instigated upside Breakout above Consolidation Range - Stock consolidated for over a year between July 2022 to July 2023 before making breakout - Stock again came under consolidated from August 2023 to August 2024 before the breakout - Stock now seems testing retesting upper band of Consolidation Band at 700 to 725 price range - Stock Price seen to be sustaining well above the Falling Resistance and Rising Support Trendlines - *One may anticipate New Lifetime High Milestone in the making soon enough basis the Technical Chart Setup*
NSE:STEELCAS
by PIYUSHCHAVDA
Medium term opportunity in Suven Pharma for V. Good UpsideHi, NSE:SUVEN has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:SUVENPHARLong
by raigvivek
PEL - Ready For Stage 2 Breakout on Weekly ChartPiramal Enterprises Ltd shows bullish technical patterns that indicate a potential upward movement if certain breakout conditions are met. Here’s a detailed technical analysis: Long-Term Downtrend: The stock was in a prolonged three-year downtrend, followed by a 2.5-year consolidation range, indicating that the stock was in a base-building phase after a significant decline. This consolidation suggests that sellers have been exhausted, and the stock may be preparing for a reversal. Cup and Handle Pattern: The chart forms a classic cup and handle pattern, a reliable bullish continuation pattern. The "cup" spans approximately 53 weeks, and a handle has recently formed. This pattern indicates potential for an upward breakout if the stock closes above the handle’s resistance. Stage 2 Breakout Area: A strong horizontal resistance line marks the breakout area for Stage 2. This is the critical level the stock needs to break above to confirm the cup and handle pattern, signaling the beginning of an uptrend. Higher Low Base: During the formation of the cup, the stock established a higher low base, showing strengthening buyer interest and reducing downward pressure. This higher low base reinforces the bullish setup, as it signifies accumulation. Volume: Volume appears to be rising as the stock approaches the breakout area, a positive indicator that there’s growing interest and that the breakout could be strong. Targets: If the stock breaks above the handle resistance, it could achieve the following projected targets: Target 1: ₹1,270 Target 2: ₹1,400 Target 3: ₹1,500 Entry Point: The recommended entry point is above the handle breakout, as this would confirm the cup and handle pattern, providing a strong bullish signal. Conclusion The chart of Piramal Enterprises Ltd indicates a potential bullish reversal after a prolonged downtrend and consolidation phase. A successful breakout above the handle would confirm the cup and handle pattern, leading to potential gains toward the outlined targets. Rising volume and a stable higher low base support this bullish outlook.
NSE:PELLong
by Profit_Trader25
Medium term trading opportunity in Sar Tele for V. Good UpsideHi, NSE:SARTELE has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:SARTELELong
by raigvivek
Wave Confirmation = Strong BuyHere’s my analysis on Jubilant, RSI and Stochastic indicators are signaling a strong buy, with a clear flag breakout and a healthy 30% retracement. The chart highlights the target areas. Please remember, this is shared solely for educational purposes in technical analysis. Thanks for checking it out, and follow me for more insights! Weekly Timeframe : MACD - RSI - Stoch = Strong buy Daily - RSI & Stoch = Strong Buy Candle - Bullish Candle Volume - Above Average EMA - Positive Crossover Chart Pattern - Flag & Pole BO FIB Retracement - 30% Divergence - N/A This is not a trade signal or call. I’m sharing my technical analysis purely for educational purposes, aiming to improve my own skills and to provide insights into technical analysis for anyone interested. Use this information responsibly and make trading decisions at your own discretion
NSE:JUBLPHARMALong
by Sudhakar_Acharya
Medium term trading opportunity in Aarvee Den for V. good UpsideHi, NSE:AARVEEDEN has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:AARVEEDENLong
by raigvivek
Stock near the Support Zone: Motherson Sumi Systems LtdIntro: Motherson Sumi Systems Ltd. (MSSL) Motherson Sumi Systems Ltd. (MSSL) is engaged primarily in the manufacture and sale of components to automotive original equipment manufacturers. MSSL group is one of the largest manufacturers of exterior rear-view mirrors (Vison Systems) and is a leading global player in polymer-based interior and exterior modules. Moreover, the group is also the largest manufacturer of wiring harnesses for passenger vehicles in India. MSSL group also ventured into Aerospace by providing global solutions to the aerospace industry segment. Fundamental Analysis: Market Cap: ₹ 1,28,222 Cr.; Stock P/E: 40.3 (Industry P/E: 33) Book Value: ₹ 38.6; Dividend Yield: 0.44 % ROCE: 13.7 %; ROE: 11.8 % Compounded Sales Growth: 26% (TTM) Technical Analysis: Samvardhana Motherson International Ltd is trading near the strong support zone of 182 The stock has been in a downtrend since Oct 15, 2024. 20 EMA(black line) trailed below the 50 EMA (orange line), confirming the bearishness. Support levels: 174, 158, 138 Resistance levels: 193, 205, 216
NSE:MOTHERSON
by shanmurali
NIFTY Intraday Trade Setup For 4 Nov 2024NIFTY Intraday Trade Setup For 4 Nov 2024 Bullish-Above 24380 Invalid-Below 24330 T- 24600 Bearish-Below 24170 Invalid-Above 24220 T- 24900 NIFTY has formed a halt candle in weekly TF. After continuous selling since 27 Sep it took a pause in weekly TF. 23700 target which was said when index went below 24k is still pending. Also it was said that we need to keep an eye on PDH for trailing the positional short trade. If index closes above PDH then bearish sentiment may take a halt so will close short view then. 24380 and 24170 are intraday levels for tomorrow. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24380 then we will long for the target of 24600. For selling we need a 15 Min candle close below 24170. T- 23900. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
TP DONE BTC NOV 3RD 2024"Yesterday, I shared a BTC analysis with a potential downward move, backed by a clear trade setup. The trade played out as anticipated, netting an impressive 12R profit—an amazing result! 📈🔥 If you followed along, congrats on the profits! For those who find value in these analyses, please like, follow, and comment to stay updated. When we reach 100 followers, I’ll continue to share more high-RR setups like this. Let’s make this journey pro together! 💪🚀"
Short
by munmeeth