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Crude Oil MCX Intraday Technical Analysis for 12th Feb., 2025🚀 Unlock the potential with my Crude Oil MCX Intraday Technical Analysis for 12th Feb., 2025! ✨ Boost, follow, and engage for updates. Your support means a lot! 🚀❤️ 📍 Day Range Trigger Point (DRTP): 6237 📅 Expected Day Range: 69 📈 Long Position 🔹 Buy Above: 6234 🎯 Target 1: 6280 🎯 Target 2: 6306 ⛔ Stoploss: 6211 📉 Short Position 🔹 Sell Below: 6217 🎯 Target 1: 6194 🎯 Target 2: 6168 ⛔ Stoploss: 6240 ✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. 📈 #CrudeOil #MCX #IntradayTrading #NumroTrader 🚀
MCX:CRUDEOIL1!
by NumroTrader
Nifty Trade AnalysisAs of February 10, 2025, the Nifty 50 index is experiencing significant downward pressure. The index has fallen below the 23,350 level, with a decline of 201.30 points or 0.85 percent, currently trading at 23,358.65. This represents a notable drop from the previous trading sessions. ## Recent Price Action The Nifty has shown volatility in recent days: - On February 7, 2025, the index closed at 23,559.95, down 43.40 points. - The market had been holding above the 21 EMA on the daily chart, indicating a positive short-term trend. - However, the current sharp decline suggests a potential shift in market sentiment. ## Support and Resistance Levels Based on recent analysis: - **Support**: The immediate support range is between 23,400 and 23,000. - **Resistance**: The key resistance levels are identified in the range of 24,100 to 24,600. ## Market Factors Several factors are influencing the current price action: 1. **Global Cues**: The market movement is heavily dependent on global economic indicators and events. 2. **Sector Performance**: Metal stocks have shown strength, with the Nifty Metal index rising over 2% recently. However, PSU Bank, FMCG, Media, and Oil & Gas sectors have faced pressure. 3. **Options Activity**: The highest put writing was observed at 23,400, while the highest call writing was at 24,100, indicating trader expectations. ## Outlook The current price action suggests caution. Traders and investors should closely monitor the 23,000-23,400 support range. A breach below this could lead to further downside. Conversely, any recovery would face resistance at the 24,100 level. As always, global cues and domestic economic data will play crucial roles in determining the Nifty's short-term trajectory.
NSE:NIFTYLong
by KarniKripaa
Redington Ltd – CNH & Inverse H&S Trade with Caution!🚀 Pattern Highlights Cup and Handle & Inverse Head and Shoulders: Redington is showing a potential Cup and Handle (CNH) formation alongside an Inverse Head and Shoulders, signaling a breakout at ₹238–₹240. 📊 Technical Levels Entry: ₹238–₹240 (Breakout Level) Stop Loss: ₹181 (24% below, on a daily closing basis) Target: ₹340 (~42% upside, positional/medium-term) Risk-Reward Ratio: ~1:1.75 🕵️‍♂️ Observations 1️⃣ The stock is trading within an ascending channel, forming higher lows. 2️⃣ It's below its 52-week high but not correcting much during this bearish phase. 3️⃣ The channel top may act as a key resistance. 4️⃣ Still in Higher High (HH) and Higher Low (HL) format while many other stocks have transitioned to Lower High (LH) and Lower Low (LL) structures. 5️⃣ Volume confirmation will be crucial for a breakout. ⚠️ Risks to Consider Market Sentiment: Current market conditions are bearish, with indices correcting and most sectors showing weakness. Bearish Transition?: No confirmation if this is a bull market correction or the start of a bear market. Earnings Season: Quarterly results are around the corner, which could bring surprises. 📌 Why Risk Management Is Key Example: Newgen Software recently broke out at ₹1,548 (ATH), moved ~15%, but then plunged 41% in just 9 trading sessions, trapping bulls. Solution: Trade light with 7–10% of your usual position size (e.g., buy 7 shares if you usually buy 100). This limits risk while keeping you involved. 🏁 Conclusion Trade cautiously: Position size, risk management, and patience are your best tools here. If the stock doesn’t fall further, it could be an ideal candidate when the market reverses and bottoms out. For Beginners: Avoid this trade for now. Add it to your watchlist and observe. ✨ Final Thoughts Redington is trading tightly above its key DMAs with narrow-range candles. This indicates strength despite market weakness. Watch closely for a breakout confirmation. 🔍 Disclaimer This is not financial advice. Do your own research (DYOR) and consult a financial advisor before making investment decisions. Trading involves risks, and capital is at stake. This idea is shared for educational purposes only.
NSE:REDINGTONLong
by sagartharayil
Gold price today: Continues to rise across the boardGold prices today on the international market continue to rise, despite the increase in the USD value. Over the past week, gold prices have repeatedly set new records, at one point surpassing the 2,880 USD/ounce mark, approaching 3,000 USD/ounce. The main reason for this price increase is concerns about inflation. According to a report from the University of Michigan, inflation expectations for the next year have increased by 1%, prompting many investors to turn to gold as a value-preserving asset. I believe gold is an effective tool to protect against financial fluctuations, whether inflation, deflation, or recession. Recent indicators such as the CPI and PCE in the U.S. show that inflation remains persistent. At the same time, the stock market is showing signs of weakening, and public debt continues to rise, creating a favorable environment for gold prices to continue increasing. Looking closely at the technical chart, gold is currently in a strong upward trend with no signs of slowing down. With a solid support level at 2,853 USD/ounce, I predict that gold may continue to rise in the short term. Notably, the previous resistance at 2,880 USD/ounce has been broken, indicating a very strong upward momentum. Currently, gold is fluctuating around 2,896 USD/ounce and may soon reach the 2,900 USD/ounce mark. In this situation, the stop loss (SL) could be set at 2,860 USD/ounce to limit risk, while the take profit (TP) could be forecasted at 2,920 USD/ounce, assuming gold continues to maintain a stable upward trend.
OANDA:XAUUSD
by Brigi_ta
BTC#14: Bitcoin Is Resurgent? Bulls Are Back or Just a Scam?💎 💎 💎 As analyzed in the previous article, BTC tested the trendline and then turned down. However, the price did not fall too much and we saw a recovery. Let's plan BINANCE:BTCUSDT the next trade 💎 💎 💎 1️⃣ **Fundamental analysis:** 📊 The US dollar index DXY is up more than 0.50% on the day and is currently at 108.40; US regulators are piloting tokenization, using stablecoins as collateral. 🔹The Texas Bitcoin Reserve Act has been submitted to the Senate Finance Committee for consideration; 🔹US Senator from Florida proposes Bitcoin investment bill. 🔹 New bill in Montana, USA allows investment of up to $50 million in Bitcoin; 🚀 Standard Chartered Bank: Bitcoin expected to break record high as US Treasury market environment is favorable for digital assets. 📌 Overall policy implications for Bitcoin have restored optimism to the market. 2️⃣ **Technical analysis:** 🔹 **D Frame**: A green pinbar appeared at the end of the week, bringing positive signals to the market. The current price line is also supportive as the price breaks above the candle wick top. 🔹 **H4 frame**: Although the downtrend has not been broken, the 96K area is still acting as an important support zone. 2 pinbars are a clear sign that we will see a recovery for BINANCE:BTCUSD 🔹 **H1 frame**: The temporary downtrend price structure has been broken. However, the resistance zone of 98k - 100k is also very close. 3️⃣ **Trading plan:* ⛔ The current SW zone has been maintained for quite a long time. We will need to wait for clarity on the price line because the downtrend price structure in the H4 frame has not been broken yet ✅ Currently, looking at the positive price reaction for this area, the market is leaning more towards the bulls. However, establishing a BUY position at this time is riskier. We can wait for the price structure as on the H1 chart to choose a position. 💪 **Good luck trading!**
by TonyL0ng
Bitcoin Bybit chart analysis February 7Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Here is the Bitcoin 30-minute chart. The Nasdaq indicator will be released at 10:30. (Non-farm index) Since it is a sideways section and there are so many variables in the Nasdaq, I proceeded as safely as possible. Also, the sideways section is difficult and complicated to explain, but today, the participation rate was good, so I proceeded simply and mildly. *Red finger movement path Long position strategy (final short) 1. 96,727 dollars long position entry section / cut-off price when the green support line is broken 2. 100,445.5 dollars long position 1st target -> Top 2nd target until the weekend After reaching the top section, switch to a short position Check the live support line and price range The first section at the top is a sideways market From the first section breakout, an upward trend can be connected. If you don't touch the first section and come down right away, the second section becomes the final long position, and the MACD dead cross imprint on the weekly chart during the weekend is the main key point. Even if it breaks through the top section and continues to rise, the dead cross may continue to press down next week, so it could be a headache. If you look at the bottom, from the current position to the sky blue support line of $98,912.5 (safe zone) and maintain it without breaking away from the bright sky blue of $92,796 at the bottom (danger zone), it would be good. You may have been surprised by the sudden decline last week due to Nasdaq and Trump, but as I explained last time, since the movement is within the expected range, it seems that the direction will be revealed to some extent after this week. I ask that you simply refer to and use my analysis so far, and I hope that you operate safely with principle trading and stop loss prices. You worked hard this week too. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
IPCA LABORATORIES - RETEST OF SUPPORT BREAKDOWNSymbol - IPCALAB Ipca Laboratories has recently experienced notable price movements, trading near resistance levels after a good pullback from lower levels. Currently, the stock is trading near major resistance zone, which follows a period of strong recovery from its earlier lows. However, the trend appears bearish, and the sentiment is negative. This increases the likelihood of a sell-off from the ₹1500-₹1540 resistance zone, where the stock may face significant selling pressure. Despite the recent price recovery, the stock is encountering selling pressure near these resistance levels, reflecting a similar trend seen in many healthcare stocks due to changing investor sentiments. As with other pharmaceutical companies, the stock could face volatility due to external factors such as regulatory updates, changes in pricing strategies, or new competition in the market. Despite short-term fluctuations, the stock remains resilient due to strong fundamentals and an ongoing focus on key therapeutic segments. However, the short-term outlook might face a correction. This could trigger a move towards lower levels, but long-term growth remains intact based on strong earnings prospects and solid market positioning. Key Resistance levels: ₹1500, ₹1540, ₹1548 Key Support levels: ₹1460, ₹1434, ₹1400 There are no signs of a significant trend reversal, and growth could resume from lower levels should the stock maintain its strong performance fundamentals. 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:IPCALABShort
by akshit_official
AUD/USD Rejection at Key Resistance – Potential Downside Ahead?The AUD/USD pair has once again rejected a strong supply zone around 0.6300, signaling potential downside pressure. The recent bullish momentum was halted as the price entered a key resistance area, aligning with a bearish structure. Key factors influencing this setup: 1️⃣ Resistance Rejection: Price faced rejection from the blue zone, confirming selling pressure. 2️⃣ USD Strength: The USD still has space to move towards the next resistance, showing short-term bullishness. 3️⃣ Fundamental Bias: AUD remains weak due to ongoing trade war fears with China. If the price holds below the rejection zone, we could see a drop toward 0.6180 and beyond. Bears will be watching for further confirmation before entering aggressively. 📉 Bearish bias unless price reclaims resistance. What are your thoughts on this setup? Let me know in the comments! 🚀
Short
by nth_trader
2
Gold Trend 10/02 - Tariff news dominates the marketTriggered by Trump's 25% tariffs on Canada and Mexico, Gold tested new highs last week. Although the tariffs were delayed for a month just hours after they were deployed, the news sent shockwaves to the market, pushing gold prices above last week's highs early in the U.S. session on Monday. The upward momentum accelerated with the upward support accelerated from line (1) to (1.1), which rose to 2880 on Wednesday's session. The market turned quiet as it waited for Friday's US employment data, and the rally slowed slightly to (1.2). Although the Jan. non-farm jobs were smaller than expected, Friday's U.S. data wasn't bad at all, with the December figure being revised up to 300,000 and the latest unemployment rate revised down to 4.0% from 4.1% in the previous month. The pressure was on gold before the weekend. The gold price continues to trade around its all-time high, hovering near 2880 with no signs of retreating. It is still imperative to keep an eye on the latest tariff policy developments in the United States and the responses of various countries. Fed Chairman Jerome Powell will have a hearing on Tuesday, and the US will release inflation data for January on Wednesday. 1-hour chart(above) > Although the upward trend slowed from (1.1) to (1.2) just before the weekend, there was no reversal signal in the 1-hour chart, and the price continued to stick to the all-time high of 2880. See if the price can break out from the resistance at 2880(3) in the next 12 hours, and if it fails to break up, the price will be sideway between 2833-86 early this week. Daily Chart(above) > Gold prices temporarily showed S-T resistance at 2880, but the turnaround signal is still nowhere to be seen. An S-T long-entering point can be set at the 10-day moving average (4). P.To
TVC:GOLD
by 1uptick
Nifty Downtrend Movement upto 23200Symbol Nifty Timeframe 15 min Analysis Breakout from the channel. Down trend movement .Target expect is 23200 We hope our analysis is adding value to your trading journey. Please note: Published ideas are for educational purposes only. Trade at your own risk. Also, please respect the risk - stop loss (SL) should not be more than 2% of the capital. DISCLAIMER: We are not SEBI registered. All the ideas posted in this channel are solely for educational purposes."
NSE:NIFTYShort
by TanujaK