Investment Idea for Long term InvestorTrade idea for Long term Investors
High Reward Trade for High Risk Investors
Success rate 80% - 90%
"Realize Full Potential of a Stock by having Patience"
"Stock Market is more about What can happen rather-than what will Happen"
In Markets there is no 100% Guarantee but one can invest in High Probability Stocks
ALWAYS KEEP IN MIND
Rule 1 : Respect Target & Stoploss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : SL on Day Close Basis.
Chart Patterns
Gold Trend 21/10Gold prices exceeded our expectations last week. They broke above the previous high of 2685 without any influence from major economic data or news, closing the week at a new high of 2722 before the weekend.
Early last week, gold prices continued to carry the upward momentum from the US inflation data from the previous week, jumping to the resistance at 2670. Although it was not a major market focus, weak US manufacturing data on Tuesday led to a technical breakout of the descending resistance line(1), triggering a round of buying that quickly pushed prices to the previous historical high of 2685.
After the ECB chopped the 0.5% rate and the release of US retail data on Thursday, the gold price cleared the resistance from the previous high of 2685, where the buying momentum carried on until Friday's market close. As the Asian session opened on Monday, funds continued to flow in, so far no clear signs of a reversal yet.
Last week, the gold market shook off the influence of the US rate cut and the recent geopolitical factors, and the overall investment market is gradually being driven by the upcoming US election and its associated uncertainties. With the current market condition, "Trump trade" or not, the gold market, US stocks market, or cryptocurrencies, will be relatively bullish before the election date.
1-hr chart (above) > The upward trend is still accelerating, shifting from last week's trend line (3) to a faster pace at (3.1). With gold prices hitting new highs, there are no previous prices to use as references. In the S-T, watch out for the round number of 2750; and a 1:1 projection from the previous week's high/low range (4), with a target around 2765 (4.1).
Daily Chart > Gold prices broke through the key resistance at 2685 last week (5), reigniting the upward trend. The daily chart has not shown any reversal signals yet, so in the S-T, watch for resistance around 2750 near the upper resistance of the uptrend channel(6).
RBL BANK FOR 300% UPSIDEtechnically RBL bank is a buy call for upside seen more than 300% to it's lifetime high and is retraced even 45% from its 52 week high.
This Private bank major is below RSI and generating a buy signal on the charts.
Fundamentals are looking good for long term.
Note: Having a notable holding in the entity at various price levels.
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.
RENDER might break through the horizontal resistance at $7 RENDER, a leader in decentralized GPU-based rendering, has faced turbulence this month, currently trading at $5.48 after hitting resistance near $6.80. However, recent price action hints at a potential reversal.
The token remains within a bullish range, successfully defending an ascending trend line that has provided support since August. While constrained by another ascending trend line, these two lines form an ascending wedge. Despite increased selling volume over the past week, **RENDER price** maintains its bullish trajectory.
Having previously bounced off its downward trend line support, RENDER appears ready for a rebound. After a brief consolidation, analysts believe the price could initiate an upswing, potentially reaching the wedge's upper boundary soon. If it mirrors past movements, **RENDER price** could target the $7.00 level, offering a strong upside for investors.
In the long term, if positive momentum continues, RENDER might break through the horizontal resistance at $7 and the wedge's upper boundary, opening up further growth opportunities.
USD/JPY is about to break through the 150.00 levelHello everyone, today let's update the USD/JPY pair with Alisa!
USD/JPY is on the path to breaking through the 150 psychological level. Uncertainty surrounding the BoJ's policy and overall market optimism are supporting the USD. Although there have been comments about intervention by the Japanese government, geopolitical tensions and upcoming events may limit the JPY's downside.
From a technical perspective, this pair is trading in a positive zone. However, if it fails to break through the resistance level of 149.58, USD/JPY may potentially decline towards the support level of 149.19. Conversely, if 149.19 can act as a springboard and help the pair break the resistance at 149.75, it could pave the way for the pair to target 150 and beyond.
Investors should closely monitor BoJ policy news and geopolitical events to make informed investment decisions.
BLISSGVS Long Idea...BLISSGVS is consolidating in monthly chart. Taking trade after monthly confirmation (close above resistance) is good for safe trader
Personally I'm following it in daily charts to get a good early entry with some risk.
Lets see how it turns.
NOTE: NO idea of comapny Fundamentals. Just a technical take. Should plan trade with proper risk management.
Silgo Retail cmp 46.24 by Weekly Chart view since listed*Silgo Retail cmp 46.24 by Weekly Chart view since listed*
- Support Zone 39 to 41 Price Band
- Volumes increasing gradually over past few weeks
- Bullish Cup and Handle and VCP too maybe considered
- Price sustained well above Falling Resistance Trendline and Support Zone
- Weekly basis Support at 37 > 28 > 19 with the Resistance only at ATH 57.17
Sell Swing Trading Strategy for CADJPY [4h]The 4-hour CADJPY chart shows a downward trend with the current price hovering around the strong support level near 108.08, below the 33-week EMA. This presents an opportunity to implement a sell (short) strategy based on technical analysis.
1. Technical Analysis Overview:
Trend: CADJPY is in a correction phase after hitting a short-term peak around 110 in early October. Recent price action shows resistance near the 33-week EMA (around 108.2 - 108.5), suggesting that the price may continue to decline further.
33-week EMA: This indicator reflects the long-term trend. The current price is below the EMA, confirming the potential for the downtrend to continue.
Volume: Trading volume has been relatively steady but is decreasing as the price approaches support levels, indicating that selling pressure might still be present.
2. Sell Strategy:
Entry Point: Enter a sell position around 108.2 or just below the 33-week EMA. This is a strong dynamic resistance zone, and the price may bounce slightly before continuing the downtrend.
Stop Loss: Set a stop loss above 109.2, where there is short-term resistance and beyond the EMA line. If the price breaks above this level, the downtrend might be invalidated.
Take Profit:
Short-term target: Set the target at 106.5, which corresponds to the key support level from late September.
Long-term target: If the price breaks below 106.5, extend the target to 105.5, a level where the price had previously rebounded strongly.
3. Timeframe Estimation:
Estimated time to execute the strategy: This strategy could play out over 1-2 weeks, depending on market volatility. If the price breaks the 106.5 support quickly, the strategy may conclude sooner.
Market conditions: If the price moves slowly, the strategy may extend by a few extra days until the take-profit level is reached.
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Gulf Energy Development : Next Target is 69 THB, Fibonacci levelIn Gulf Energy Development, Falling Wedge Pattern Breakout and Reached the Target with +34% Profit. Now market Breakout above the Resistance level, so Next Target is 1.6 Fibonacci levels 69 THB.
I want to help people to Make Profit all over the "World".
INDIAGO PAINT ready to touch IPO price 1 as 11 risk reward ratioINDIGO PAINT has give long 2 and half year consolidation break out.
Stock as has been down trend its listed on Feb 2021
Stock has give rounding bottom pattern breakout and multiple pattern at lower time frame.
*POSTIONAL TRADE*
Buy INDIGO PAINTS
At 1650 50% quantities, 50% between 1600-1625
Stop 1485
Target 1 (1:2) 1791
Target 1 (1:4) 1991
Target 1 (1:5) 2091
Target 1 (1:7) 2291
Target 1 (1:9) 2491
Target 1 (1:11) 2691
_Duration 6 months_
Trade as per your risk-taking capacity.
ONGC Trading Within Demand Zone of ₹278.9-₹273.05ONGC is currently priced at ₹278.2, trading within a demand zone defined by ₹278.9 as the high and ₹273.05 as the low. This area has previously seen buying interest, and investors may anticipate further movement either towards resistance levels or a potential consolidation. This zone has been tested before, providing insight into market behavior around these price points.
ETHOSLTD Trading Within Tested Demand Zone of ₹2919-₹2712.1ETHOSLTD, currently priced at ₹2914.3, is within the previously tested demand zone ranging from ₹2919 to ₹2712.1. This zone has historically attracted buying interest, and traders might be watching for a potential bounce or consolidation in this range before making their next move.
TRIVENI Currently in Fresh Demand Zone of ₹418.5-₹408.55TRIVENI is trading at ₹418.4, situated within the fresh demand zone of ₹418.5 to ₹408.55. This zone marks a potential accumulation phase, where the stock could attract buying interest, especially if it rebounds or breaks out of the range. Investors may look to monitor any price action from this level.
Oriental Aromatics NSE By KRS ChartsDate: 8th Aug 2024
Time: 9:44 AM
Why OAL?
1. Made Double Bottom and Reversed Successfully
2. There is Positive OB in Monthly TF and Price action react and sustain above it.
3. Along with +OB, FVG gap with 50% Encroachment picture perfect clearly visible in 1D TF.
Nearest Target 555 Rs . and Long To medium Term Target is 901 Rs
With SL of 406 Rs.
DALBHARAT Trading Within Fresh Demand Zone of ₹1773-₹1752.4DALBHARAT is currently priced at ₹1778.5, trading within the fresh demand zone ranging from ₹1773 to ₹1752.4. This zone offers a potential buying opportunity as the stock is consolidating, with investors likely watching for a breakout or upward movement.