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TRENT Stock: Key Levels, Trends, and Trading StrategiesTrend Analysis Primary Uptrend: The stock has been following a strong upward channel, as shown by the blue trendlines. Over the past months, the price has consistently respected these trendlines, indicating strong investor confidence and sustained buying pressure. Current Channel Movement: The price is trading within a secondary ascending channel, showing shorter-term consolidation within the broader trend. This setup suggests that while the uptrend remains intact, the stock is in a phase of measured growth. Key Levels Support Levels: ₹6,688.75: A critical near-term support level, highlighted in red. This level aligns with the lower boundary of the short-term channel. ₹6,353.25: The major support level that the price must hold to sustain the broader uptrend. Resistance Levels: ₹7,081.15: A key resistance zone, which the stock has been testing recently. ₹7,234.70 and ₹7,445.10: Further resistances that could come into play if the stock breaks out above ₹7,081.15. ₹7,644.10: The ultimate resistance in the current setup, beyond which the stock could experience strong bullish momentum. Volume Analysis: A noticeable volume spike occurred during the last leg of the uptrend, signaling strong accumulation by investors. Current volume trends are more subdued, suggesting a period of consolidation, which often precedes a breakout. Key Observations Bullish Flag Formation: The stock is forming a bullish flag, a continuation pattern that often leads to further upside. A breakout above ₹7,081.15 could confirm this pattern. Potential Scenarios Bullish Case: If the stock breaks ₹7,081.15 with strong volume, it could rally toward ₹7,234.70 and eventually ₹7,644.10. Bearish Case: If the stock breaches ₹6,688.75, the next support at ₹6,353.25 will be crucial to watch. TRENT stock exhibits strong upward momentum, making it an attractive option for traders. A breakout above ₹7,081.15 could signal further gains, while buying near ₹6,688.75 support levels offers a favorable risk-reward setup. As always, implementing strict stop-loss levels and sound risk management is crucial to handle potential market volatility effectively.
NSE:TRENTLong
by ayusharya_001
#HEG - Stage 1 Accumulation BO going into Stage 2 Growth📊 Script: HEG Key highlights: 💡⚡ 📈 VCP BreakOut in Weekly chart. 📈 Price gave a good up move and consolidated before BO. 📈 Volume spike on Breakout 📈 MACD Cross Over 📈 One can go for Swing Trade. BUY ONLY ABOVE 610 WCB ⏱️ C.M.P 📑💰- 584 🟢 Target 🎯🏆 – 70% ⚠️ Stoploss ☠️🚫 – 34% ⚠️ Important: Always Exit the trade before any Event. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅ Boost, Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with MMT. Cheers!🥂
HLong
by MMT_MakeMoneyTrading
Bitcoin Bybit chart analysis December 4 Hello 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. Today, there are three indicators announced at 10:45, 12:00, and 3:30 on Nasdaq. In the final comment on December 3, I thought a lot about how to make today's strategy successful. I tend to take responsibility without changing my perspective when I conduct my analysis. After entering a short position at $96,317 with the purple finger on the left, I linked today's analysis. *One-way long position strategy when the red finger moves. 1. 96,317 dollars long position entry section / cut-off price when green support line is broken 2. Top section 98,148 dollars 1st target -> Gap8 2nd target When 1st target price is reached, 1st section long position autonomous section The orange resistance line and green support line convergence section that I have indicated The movement within 1 and 2 is sideways. Today's entry point is exactly the winning section, right? If the green support line is broken, It can be connected to the bottom right away. The drawing was also done boldly. The lowest 92,622 dollars I think it will be a 12+ day section. If it goes down today, It seems that there is a higher possibility of additional decline rather than increase in terms of time. If the final strategy is successful up to this point, The movement will likely change from altcoin -> Bitcoin again. Please use my analysis for reference only and to the extent that you can. I hope you operate safely with the principle of trading and stop loss. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
NIFTY: INSTITUTIONAL LEVELS FOR 05/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:NIFTY
by tony_fx_sm
BANKNIFTY: INSTITUTIONAL LEVELS FOR 05/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:BANKNIFTY
by tony_fx_sm
ANANDRATHI bullish above 4400..?? - 5th December. ANANDRATHI: Bullish if ~9 month long consolidation range (@4400)is broken on good volumes and sustains. The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.(another 2-3%) Both Safe Traders/High Risk Traders book profits at this stage SWING Trading Strategy: Position is kept open, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose....
NSE:ANANDRATHILong
by JJ_Breakouts
BANK NIFTY INTRADAY LEVELS FOR 05/12/2024BUY ABOVE - 53390 SL - 53190 TARGETS - 53700,53930,54150 SELL BELOW - 53190 SL - 53390 TARGETS - 52970,52800,52600 NO TRADE ZONE - 53190 to 53390 Previous Day High - 53390 Previous Day Low - 52800 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 05/12/2024BUY ABOVE - 24500 SL - 24420 TARGETS - 24600,24700,24800 SELL BELOW - 24420 SL - 24500 TARGETS - 24340,24250,24180 NO TRADE ZONE - 24420 to 24500 Previous Day High - 24600 Previous Day Low - 24340 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
Zomato reversing from support with a Bullish Engulfing!✅At support and reversing with bullish engulfing. ✅Strong candle. ✅Stock tends to respect 50 DMA and ride on 50 DMA. ❗️Trading below 50 DMA. ❗️Overall market structure needs to improve further and more confirmation is required. The risk of a potential downtrend still exists. Please consult your financial advisor before investing. This is not a trade recommendation. ▶️Market Cap---₹ 2,26,122 Cr. ▶️Current Price---₹ 256 ▶️Stock P/E---305 ▶️ROCE---1.14 % ▶️ROE---1.12 %
NSE:ZOMATOLong
by sagartharayil
2
Mr. Ashok Soota is waiting for the day to come soon mostly :)Hello, Everyone. I hope you all will be doing well in your life and investing. Here I have brought an IT stock with an investment idea that has been sideways for a long time. Now it looks like that movement will come, and it will cross 830+ soon. That will be the breakout of the stock, and it may move further after that. Strong support at 720. Difficult to break. It may consolidate between this range, but it looks doubtful that it will break 720. It has a good price and time to accumulate slowly for the long term. If it breaks 830 and sustains, then upside targets as per fibbo are 925, 1050, 1150, 1250, and 1400+. IT index is super bullish so full chance for this company to change trend from sideways to Uptrend. Lets see… It's just an assumption. Please do your research. Not a suggestion of buying. I’m posting just to keep my track record. Which can boost my confidence in the future. Source: Screener.in Happiest Minds Technologies Ltd About Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company Key Points Business Overview: Company offers IPs and domain expertise across a set of focused areas that include Digital Transformation & Enterprise Solutions, Product Engineering, Infrastructure Management, Security, Testing and Consulting. In the Solution space, focus areas are Security, M2M and Mobility solutions. Additionally, company is an authorized partner with global information technology players to deploy their services and create custom solutions. Business Units: a) Product Engineering Services (PES): This unit assists software product companies in building products and services that integrate mobile, cloud and social technologies b) Digital Business Services (DBS): DBS unit provides advisory, design and architecture, custom-app development, package implementation, testing and on-going support services to IT initiatives c) Infrastructure Management & Security Services (IMSS): This delivers integrated end-to-end infrastructure and security solutions with specialization in cloud, virtualization and mobility across a multitude of industry verticals and geographies. ** In FY24, company introduced Generative AI Business unit, which is expected to mature in 2-3 years.** Solutions Offered: a) APPrise b) Digital Assisted Selling Platform (DASP) c) Data Accel d) Digital Content Broker Solution (MCaaS) e) Integrated Security as a Services (iSaaS) f) Location Mobile Personalization (LO-MO-ME) g) MIDAS h) Digital Customer On Boarding (d COB™) Technology Offered: Analytics, Artificial Intelligence, Automation, Cloud, Digital Infrastructure Management, Internet of Things, Security, Software product engineering, etc. Services Offered: a) Agile Infrastructure b) Data Management c) Digital Transformation Services d) Managed Infrastructure & Security Services e) Product Engineering Services f) IT Security Services g) Web Technologies User Industries: Automotive, Banking, Consumer packaged Goods, E-Commerce, Education Publishing, Manufacturing, Retail, Travel & Hospitality, etc. Clientele The company has 244 active clients. Out of these, 57 companies are Fortune2000 / Forbes200 Billion dollar corporations. ~88% is repeat business. ~53% clients are >5 yrs old. International Presence: USA, UK, Australia, Canada, Netherland, Singapore, Malaysia and Dubai Liquidity As of Q2FY24, company has cash equivalents and liquid investments of ~Rs. 1,135 crs. Also, they raised Rs. 500 crs. through QIP and Rs. 135 crs. through NCDs. Revenue Breakup - Q2FY24 PES : 50% DBS : 27% IMSS : 17% Oth Inc: 6% Geographical Revenue Split - FY22: Company generated revenue from Exports ~81% which consisted of Infrastructure Management & Security Services ~14%, Digital Business Services ~23% and Product Engineering Services ~44% Country wise Revenue Mix FY23 USA: 70% India: 15% Others : 15% Promoter Holding Pledged As on December 31, 2022, 7.01% of the shares of Ashok Soota are pledged. Source: Yahoo Finance Happiest Minds Technologies Simply Wall St Growth Rating: ★★★★★☆ Overview: Happiest Minds Technologies Limited offers IT solutions and services across various regions including India, the United States, and several other countries, with a market cap of ₹110 billion. Operations: Happiest Minds Technologies Limited operates in the IT solutions and services sector, catering to clients across regions such as India, the United States, Canada, and several others. The company generates revenue through its diverse service offerings in digital business solutions, product engineering services, and infrastructure management. Happiest Minds Technologies has demonstrated robust financial performance with a significant 21% yearly revenue growth, outpacing the Indian market average of 10.6%. This growth is complemented by an impressive forecast of 24.8% annual earnings expansion over the next three years, highlighting its potential in a competitive tech landscape. Notably, the company's recent launch of Happiest Minds' Secureline360, an AI-driven security solution, underscores its commitment to innovation and sector leadership in cybersecurity solutions. This strategic focus not only enhances its service offerings but also positions it well for sustained growth amidst evolving digital threats. • Get an in-depth perspective on Happiest Minds Technologies' performance by reading our health report here. • Learn about Happiest Minds Technologies' historical performance. This is just to boost my confidence. No Suggestions for buying. Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial advisor before making any decisions.
NSE:HAPPSTMNDSLong
by Alleyshah
Is STXUSDT About to Explode or Collapse?Yello Paradisers! Could we be on the verge of a major breakout for STXUSDT, or are we staring down a potential breakdown? Let’s dive into the details so you don’t miss out on this crucial moment! 💎STXUSDT has formed a descending channel, and right now, the price is sitting near a key support zone. This combination significantly raises the odds of a bullish move. 💎What we’re looking for is a Change of Character (CHoCH) in the lower time frame from this support zone. If that happens, the probability of a rally increases further, as it suggests a potential double-bottom pattern could be forming. 💎If we see a rise from this level followed by a breakout and a candle closing above the resistance zone, that will confirm the bullish bias. After the formation of a W pattern or a consolidation phase, the odds of a stronger upward move become even higher. 💎However, stay alert. If the price breaks down and we get a candle closing below the support zone, it will invalidate this setup completely. 🎖 As always, discipline is key, Paradisers. Be patient and wait for confirmation. Trading smart and sticking to high-probability setups is how you make it long-term in this game. Stay focused, stay disciplined! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Is SUSHIUSDT About to Break Out or Break Down?Yello, Paradisers! Are we on the brink of a big move in SUSHIUSDT, or are we about to see a breakdown? Let’s dive into the current setup so you're fully prepared for what might come next! 💎SUSHIUSDT has formed a falling wedge pattern—a bullish signal that’s increasing the probability of an upward move. Along with this, SUSHIUSDT is consolidating near a key support zone, further boosting the chances of a breakout. However, for us to be confident in this bullish scenario, we need to see a Change of Character (CHoCH), confirming a shift toward a bullish market structure. 💎What should you look out for next? If the price rises from current level, the safest move is to wait for a clear breakout and for a candle to close above the resistance zone. This would not only increase the probability in our favor but also form a W pattern, which is another strong bullish indicator. 💎On the flip side, if the price breaks down and closes below the support zone, our bullish thesis gets invalidated, and it’s time to re-evaluate the situation. 🎖Remember, disciplined trading is key to long-term success. Stay focused, patient, and always wait for the highest-probability setups to present themselves! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan