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TCS Tested Demand Zone ObservedTCS is currently trading at ₹4090, near its tested demand zone between ₹4092.45 and ₹4024, established on 22nd November 2024. Since this zone has been tested previously, traders may exercise caution and monitor for additional confirmation signals before considering actions. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
NSE:TCSLong
by rush12799
FACT Trading Near Fresh Demand ZoneFACT is currently trading at ₹921.1, slightly above its fresh demand zone between ₹918.9 and ₹865.9, established on 29th November 2024. This untested zone suggests potential buying interest, and investors may monitor price movement closely for potential opportunities. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
NSE:FACTLong
by rush12799
INDIANB Trading Above Tested Demand ZoneINDIANB is trading at ₹509.4, above its tested demand zone of ₹504.8 to ₹487.35, formed on 29th October 2024. As this zone has been tested, it indicates prior buying interest. Traders and investors may want to evaluate the stock's current momentum and volume for potential entries or exits. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
NSE:INDIANBLong
by rush12799
TMCFGRNZM: Breakout Could Fuel Bullish MomentumNCDEX TMCFGRNZM is showing signs of potential growth, but the increase so far hasn't been significant. According to Elliott Wave analysis, the price has formed an impulsive pattern, with wave (c) of wave ((4)) reaching a level of 13,000 . The price is currently in the final wave ((5)) of the impulsive cycle. For this to confirm the impulsive movement, the price needs to break above the level of wave (B), which is at 16,590. A strong resistance is expected at wave B, and if the price breaks through this level, it could boost the bullish momentum, leading to a new high. However, without this confirmation, the price may not be suitable for long-term investment and could remain in a corrective phase. We will update further information soon.
NCDEX:TMCFGRNZM1!
by forextidings
TRIAS/USDT: Technical Analysis and Trading Outlook The TRIAS/USDT pair is presenting a compelling setup, signaling a potential bullish breakout. With clear channel boundaries, a critical entry point, and well-defined targets, this chart deserves closer attention from traders. Chart Overview Descending Channel Structure: TRIAS has been trading within a long-term descending channel, respecting both the upper and lower boundaries consistently. Recently, the price has attempted to break above the descending resistance line, signaling a potential trend reversal. Entry Trigger: The key entry level for TRIAS/USDT lies above $4.30, which coincides with the upper boundary of the descending channel. A confirmed breakout above this level could pave the way for significant upside momentum. Targets and Key Levels Support Zone The immediate support lies near $3.10, just above the midpoint of the channel. Below this, the next significant support level is the lower boundary at $1.67. Target 1: $7.20 | The first target is set at $7.50, aligning with a previous high and a major resistance zone from the broader downtrend. Target 2: $16.50 | The second target, at $16.00, marks a return to the pre-decline consolidation area and represents a significant profit potential for longer-term holders. Momentum Indicators Volume Confirmation: Volume will be critical to confirm the breakout above $4.30. A significant increase in volume would validate bullish momentum. RSI Analysis: The RSI is currently neutral, suggesting room for upward movement without entering overbought territory. ⚠️ Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always perform your own research and consult with a professional before making trading or investment decisions.
Long
by niveshIQ
JASMY/USDT: Technical Analysis and Price OutlookJASMY, trading against USDT, is currently exhibiting promising technical signals that could set the stage for a significant rally. Let’s dive into the current chart structure, technical levels, and key price targets. Price Action Overview Descending Triangle Breakout: JASMY/USDT recently completed a breakout from a descending triangle pattern, a bullish signal indicating the end of a consolidation phase. The breakout occurred near the $0.0375 level, with strong momentum propelling the price upwards. Support and Resistance Levels: The breakout level of $0.0375 now acts as strong support. The next immediate resistance level is near $0.0430, which the price is approaching. A successful breach of this level will confirm further upside momentum. Target Projections Based on the technical chart and measured moves: Target 1: $0.05800 | This level aligns with historical resistance, making it the first realistic target for the current rally. Target 2: $0.1100 | The second target is set at $0.1100, coinciding with the next significant resistance zone on the higher time frame. Target 3: $0.2300 | If momentum continues and market conditions remain bullish, the final target lies near $0.2300, marking a substantial increase from current levels. Momentum Indicators RSI (Relative Strength Index): The RSI is trending upwards but has not yet entered overbought territory, suggesting there’s still room for the price to climb. Volume: The breakout was accompanied by a notable increase in trading volume, further confirming the bullish sentiment. ⚠️ Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct thorough research and consult a professional before making trading or investment decisions.
Long
by niveshIQ
Amid HMVP Virus Concerns - SUN PHARMA Trade IdeaTrade Idea Explanation: The emergence of the HMVP virus in India has created a surge in demand for pharmaceutical products, particularly antiviral medications. Sun Pharmaceuticals, as one of India's largest and most diversified pharmaceutical companies, is well-positioned to benefit from this heightened demand. This technical trade idea aligns with the potential bullish sentiment driven by the company's fundamentals and the technical setup visible on the chart. Technical Setup: Rounding Bottom Pattern: A classic reversal pattern indicating accumulation and a potential trend reversal. The breakout from this pattern suggests a bullish continuation. Demand Zone: The price has shown a strong rebound from the demand zone at ₹1,840–₹1,850, reflecting significant buying interest. Sellers' Liquidity Zone: The price is approaching the sellers' liquidity zone near ₹1,920. A breakout above this level would indicate strength and open the door for higher targets. Volume Confirmation: The increasing volume at key levels validates the breakout and strengthens the bullish case. Trade Plan: Entry Levels: Enter long near ₹1,850. Alternatively, wait for a breakout above ₹1,860 for added confirmation. Targets: Target 1: ₹1,920 (sellers' liquidity zone). Target 2: ₹1,960 (next major resistance zone). Stop-Loss: Place a stop-loss below ₹1,820 to protect against downside risk. Risk-Reward Ratio: Minimum 1:2, ensuring an optimal risk-to-reward setup. Why SUN PHARMA? Sun Pharma has a well-diversified portfolio, including antivirals and other life-saving drugs. The HMVP virus outbreak could act as a catalyst for increased demand for its products. The technical setup aligns with a broader market opportunity, offering a strong risk-reward proposition for mid-term traders. Key Notes: Monitor news related to the HMVP virus and its impact on the pharmaceutical sector. Keep an eye on broader market sentiment and volume activity to validate the trade setup. Adjust targets and stop-loss levels if market conditions change.
NSE:SUNPHARMA
by MyT_Trader
1
Database and Option trading Options data captures information on options contracts, including pricing and trading volumes, useful for investment strategies. Discover our guide and top options data providers. But, unlike teen patti, options trading is not just based on luck. With the right knowledge and understanding of the market, you can make informed decisions that can lead to big profits. So, if you're willing to put in the time and effort to learn about options trading, you can definitely do it.
NSE:BANKNIFTYEducation
by SkyTradingZone
4
Relative Strength Index (RSI) IndicatorThe best RSI settings are typically a 14-period timeframe with 70 as the overbought level and 30 as the oversold level. These settings can be adjusted based on specific trading strategies. The relative strength index (RSI) is an indicator used in technical analysis to determine overbought and oversold conditions, which provides traders with buy and sell signals (when to enter and exit positions). Values above 70 indicate overbought conditions and those below 30 indicate oversold conditions. Low RSI levels, typically below 30 (red line), indicate oversold conditions—generating a potential buy signal. Conversely, high RSI levels, typically above 70 (green line), indicate overbought conditions—generating a potential sell signal.
NSE:HDFCBANKEducation
by SkyTradingZone
3
ADX indicator in Trading The average directional index (ADX) is a technical indicator used by traders to determine the strength of a financial security's price trend. It helps them reduce risk and increase profit potential by trading in the direction of a strong trend. The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy.
NSE:NIFTYEducation
by SkyTradingZone
3
lecture for option traderOption trading gives the buyer the right but not the obligation to buy (call option) or sell (put option) a certain underlying asset at a predetermined price within a stipulated period. Options trading involves strategies that provide traders with various market positions to make gains or mitigate the spot market risk. You don't need a considerable sum of money to become an options trader. You can start small with a capital of less than Rs 2 lakhs too. However, as you start small, you need to be a careful trader so that you can cut down on the possibility of losses and enhance the return potential of your trades.
NSE:KOTAKBANKEducation
by SkyTradingZone
3
Option Chain in trading Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index. What is Implied Volatility (IV)? Implied Volatility (IV) uses an option price to determine and calculate what the current market is talking about, the future volatility of the option's underlying stock. Implied volatility is one of the six essential factors used in options pricing models. The Nifty Option Chain provides a listing of all the available options contracts for the Nifty 50 Index; including the strike prices, expiry dates, and the corresponding premiums. The list shows all call and put options that are available against a specific underlying.
NSE:BANKNIFTYEducation
by SkyTradingZone
3
Technical trading Technical analysis is a trading strategy used by investors to identify new investment possibilities. To anticipate future price movements of stocks or other assets, for example, past price and volume data is studied and shown on graphic charts, where trends, patterns, and technical indicators can be identified. ​Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
NSE:BANKNIFTYEducation
by SkyTradingZone
3
Deep information for option trading When you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock. Option trading gives the buyer the right but not the obligation to buy (call option) or sell (put option) a certain underlying asset at a predetermined price within a stipulated period. Options trading involves strategies that provide traders with various market positions to make gains or mitigate the spot market risk.
NSE:HDFCBANKEducation
by SkyTradingZone
3