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ZYDUSLIFE - Investment Opportunity between 850-950CMP: 974 Please note that price is in support zone, so volatility is expected.. So, please dont consider this view for trading F&O Primary and Internal wave counts are marked in the chart on daily and weekly TF. Price is still in primary 3rd wave and the iv of 3 is in progress now. Price has bounced from 933, which meets the 38% retracement criteria for 4th wave. But, the down-move looks incomplete (on counts), moreover, it is one way decline.. My view is that price could make one low to take support at that breakout zone , also the 50% retracement level at 820 as explained herein. 850-950 looks to be the accumulation zone for positional investment and the v of 3 could end anywhere above 1400 Long term view: I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NSE:ZYDUSLIFE
by Murthy_Santhosh
2
The Japanese Yen Trims Part of Weekly Losses Against USDUSD/JPY maintains its upward trend as the JPY only partially trims its weekly losses against the USD, despite the dollar’s slight recent weakness. The JPY's gains are limited by uncertainty surrounding a potential BoJ rate hike in December and a risk-on market sentiment, while expectations of a hawkish Fed continue to support the USD, driving the pair higher. On the 4-hour chart, USD/JPY is trading steadily above the EMA 34 and EMA 89 levels at 151.36-151.60, which serve as key dynamic supports. The price might consolidate in this zone before rebounding to test the resistance at 152.50. If this resistance is broken, the next target will be the 153.98 zone. Conversely, a break below 151.50 could push the pair toward deeper support at 151.00 before resuming its upward trend. With technical indicators still favoring the bullish trend and trading volume increasing near resistance levels, USD/JPY is likely to maintain its bullish momentum. The short-term target is 152.50, with a broader aim at 153.98. Traders should closely monitor key support and resistance levels to optimize their trading strategies.
Long
by Sophi-A
TATACOMM - Breakout Candidate?CMP: 1835 Base Breakout seen in shorter TF. But on Daily TF, price is at the 200DEMA. A decisive breakout above 1850 could provide thrust on the short term. Previous price pattern suggests that either the price move directly from here OR one more low to test the rising trendline at the bottom. Currently in watchlist, awaiting confirmation. I reiterate, my views could only give a different perspective. Please dont trade F&O based on my views. I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NSE:TATACOMMLong
by Murthy_Santhosh
Gold breakout 2700 before CPIGold breakout 2700 level today before the CPI release , 2700 is psychological resistance and weekly R3 on weekly pivot, gold price now almost reversed the correction that was started from November 25, as discussed in yesterday post price need to claim 2715-21 area on daily close to confirm this as a complete reversal and we can then plan the next buy move on breakout or we have to wait for a pullback from this area (either from 2700 or from 2715-21) and on pullback after confirmation we can plan the buy opportunities. for Intra day watch 2700 and 2715-21 and major resistance at 2738-45 as scalping levels/zone; and for swing wait for daily close as we have major data that going to add volatility for Intraday. I am still watching from the sideline as I don't want to decide the next move from here in FOMO , Will wait for more confirmation and will update accordingly.
OANDA:XAUUSDLong
by iambalramkashyap
Gold Trading Strategy for 11th December 2024Gold Trading Strategy Key Levels: Buy Above: 2696 Sell Below: 2690 Targets: Upside Target: 2712 Downside Target: 2676 Strategy Details: Buy Signal: Enter a buy position above the high of the candle that closes above 2696 on a 15-minute time frame, aiming for an upside target of 2712. Sell Signal: Enter a sell position below the low of the candle that closes below 2690 on a 15-minute time frame, aiming for a downside target of 2676. Disclaimer: This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
OANDA:XAUUSD
by ramkkyy
TIRUPATI FORGEThe Company is ISO 9001:2008 certified engaged in manufacturing of closed die forged products like auto components, bearings, gears, etc, and forged flanges of mild steel, carbon steel, stainless steel, etc. based out at Hadamtala Industrial Estate, Rajkot, Gujarat. Endeavor is to beome a single point source offering all the facilities under one-roof, across the value chain from Stone, Raw Material Cutting, Induction Heating, Forging, Hydraulic Extrusion, Machining, Drilling, Stamping and Packing at-par with international standards. Co. also has design-development, testing and logistic department. Company is planning to introduce new Products in Oil and Gas Segment Targeting American Market and has applied for necessary approvals from API (American Petroleum Institute) User Industries: Automotive, Aerospace, Mining & Construction, Marine, Railway, Power,Oil & Gas
NSE:TIRUPATIFLLong
by CannySunny
Nifty Trading Strategy for 12th December 2024Nifty Trading Strategy Key Levels: Buy Above: 24,700 (on the high of the candle that closes above 24,700 on a 15-minute chart) Sell Below: 24,575 (on the low of the candle that closes below 24,575 on a 15-minute chart) Confirmed Uptrend: Only if it breaks decisively above 24,860 Confirmed Downtrend: Only if it breaks decisively below 24,290 Strategy Details: Buy Signal: Enter a buy position above the high of the candle that closes above 24,700 on a 15-minute time frame. Sell Signal: Enter a sell position below the low of the candle that closes below 24,575 on a 15-minute time frame. Additional Tips: Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals. Risk Management: Always use a stop-loss to manage risk and protect your capital. Market Conditions: Stay updated on market news and events that could impact Nifty. Disclaimer: I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
NSE:NIFTY
by ramkkyy
EURUSD Next possible move SAXO:EURUSD Title "EUR/USD Intraday Analysis: Sell Bias Persists | Dollar Dominance Resumes" Market Context "EUR/USD remains under pressure as the U.S. dollar regains strength amid hawkish Federal Reserve expectations. Lingering concerns over Eurozone economic growth further weigh on the pair, favoring a bearish bias." Technical Analysis *"Today’s sell entry is supported by the following bearish signals: Trend Structure: The pair continues to form lower highs and lower lows, confirming the downtrend. EMA Dynamics: Price trades below the 20 and 50 EMAs, signaling sustained bearish momentum. RSI: Falling toward 40, highlighting increased selling pressure. MACD: Negative histogram bars are expanding, reinforcing the bearish outlook. Key Levels: Support: 1.0480 (intraday), 1.0450 (next key level). Resistance: 1.0520 (intraday), 1.0550 (critical barrier). A move above 1.0550 would negate the bearish bias."* News Context "Upcoming: U.S. ISM Services PMI data could provide fresh directional cues. Previous: Friday’s strong NFP report boosted the dollar, keeping EUR/USD under pressure." Call to Action "Will EUR/USD continue its slide, or could support levels trigger a reversal? Share your thoughts and strategies below!"
Short
by RBSBALA
Trident !! Can be a Multibagger StockHow's the josh Traders ?? Trident price is in range and not breaking out its Up level, But as per Elliot waves, this stock is Completed its wave 2 correction. We can clearly see Trident Price has been took support near 0.618% of wave 1 Fibonacci Levels, So 0.618% assumes that Wave 2 correction is over and new impulse Wave 3 is about to begin. So i am betting on Trident. BUY TRIDENT TARGET 1 : 130 TARGET 2 : 200 NOTE : This is for educational Purpose please take trade Referring to your financial advisor. HAVE A GOOD DAY TRADERS
NSE:TRIDENTLong
by Trading_Bulls0000