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BTCUSDT (Bitcoin) will move towards 100K$Scenario 1: Buy/Long Position ✅ Conditions for Entry: BTC needs to hold the Demand H4 zone (91,000 - 92,500 USDT). Wait for a pullback to the Demand zone with confirmation signals (e.g., Pin Bar, Bullish Engulfing, or a strong Breakout). 📌 Buy Order Details: Item Value Entry Point 92,000 - 93,000 USDT Stop Loss (SL) 89,000 USDT Take Profit 1 (TP1) 97,500 USDT Take Profit 2 (TP2) 100,000 USDT Take Profit 3 (TP3) 102,000 USDT 📝 Explanation: Entry: Wait for the price to pull back to the Demand H4 zone before entering a long position. Stop Loss: Place the Stop Loss below the Demand H4 zone to protect your capital if the price breaks the support. Take Profit: Take partial profits at key resistance levels (97,500 - 102,000 USDT). 📈 Risk-Reward Ratio (R:R): For an Entry at 92,500 USDT and Stop Loss at 89,000 USDT: TP1 (97,500) = 1:1.4 R:R TP2 (100,000) = 1:2 R:R TP3 (102,000) = 1:2.7 R:R 🧩 Scenario 2: Sell/Short Position ✅ Conditions for Entry: BTC must face strong resistance at the Supply Zone (98,000 - 100,000 USDT). Look for rejection signals (e.g., Doji, Shooting Star, or Bearish Engulfing) in this zone. The price should fail to break above the descending trendline. 📌 Sell Order Details: Item Value Entry Point 98,000 - 99,000 USDT Stop Loss (SL) 101,000 USDT Take Profit 1 (TP1) 95,000 USDT Take Profit 2 (TP2) 93,000 USDT Take Profit 3 (TP3) 91,000 USDT 📝 Explanation: Entry: Wait for the price to hit the Supply Zone and show rejection signs before entering a short position. Stop Loss: Place the Stop Loss above the Supply Zone to protect your capital if the price breaks the resistance. Take Profit: Take partial profits at key support levels (95,000 - 91,000 USDT). 📉 Risk-Reward Ratio (R:R): For an Entry at 98,500 USDT and Stop Loss at 101,000 USDT: TP1 (95,000) = 1:1.4 R:R TP2 (93,000) = 1:2.2 R:R TP3 (91,000) = 1:3.0 R:R Good luck!
Long
by Homnaytradegi
Bank Nifty - Is this A Rising Wedge from 47898 As discussed early morning .... 49000 was our key & psychological level ... Index dropped & came close to 48500-48600 zone Falling From 49000 Level Support Zone 48500-48600 Makar Sankranti marks the Sun's transition into Capricorn and the beginning of an auspicious period. Historically, equity markets turn optimistic post-Makar Sankranti, driven by cultural sentiment and Budget expectations. Will Budget 2025 keep the trend alive? 🌞 This comes after a 26-day fall in major benchmark indices, which started on 5th Dec 2024. In the last two days, the index surged from 47,898 to 49,000. However, during the first half of today's session (15th Jan 2025), it fell below 49,000, hitting a low of 48,522 as shown in the snapshots
NSE:BANKNIFTYLong
by WaveTalks
4
HMT cmp 67.25 by Weekly Chart viewHMT cmp 67.25 by Weekly Chart view - Price Band 70 to 73.50 Resistance Zone - Next Resistance Zone seen at 80 to 82.50 Price Band - Volumes gradually seen as rising over past few weeks - Price is shouldering along the Rising Support Trendline - Price is attempting to cross above 2nd Falling Resistance Trendline - 1st dotted Falling Resistance Trendline crossed and price sustaining above it - Weekly Support seen at 56 > 42 > 27 with the Resistance at 80 > 90 > ATH 105
NSE:HMT
by PIYUSHCHAVDA
ZOMATO Stock Analysis: Breakout Signals, Targets, and Risk LevelPrice and Trend (ZOMATO LTD - Weekly Chart): Current Price: 241.85 INR. Pattern Formation: The stock is within an ascending channel, indicating a bullish trend in the long term. However, the price has recently slipped below a key support zone (possibly the channel's lower boundary), signaling potential weakness. Fibonacci Levels: Key support lies around S1 (200 INR). Resistance levels are at R1 (280 INR), R2 (320 INR), and R3 (400 INR). MACD Analysis: MACD histogram shows increasing bearish momentum. A bearish crossover is evident, indicating continued downside pressure unless momentum shifts. Price, Moving Averages, and Volume (6-Month Chart): 200-Day Moving Average (DMA): The price is close to this critical support, near 230-240 INR, which could act as a bounce-back zone. 50-Day Moving Average (DMA): Downward sloping, reinforcing the short-term bearish trend. Volume Analysis: Spikes in volume on recent down days suggest selling pressure. Accumulation at the current levels may hint at possible demand. Breakout Potential: Downside Risks: If the price fails to hold 200 INR, it could slide further to S2 (160 INR) or lower. Upside Breakout: A strong recovery above R1 (280 INR) with high volume could indicate the start of a bullish reversal. A breakout above 320 INR (R2) will confirm sustained bullish momentum. Targets and Stop Loss: Immediate Support: 230-240 INR (200 DMA). Break below this level could lead to a sharp decline. Stop Loss: Place a stop below 200 INR for long positions. Targets: Short-term target: 280 INR (R1). Mid-term target: 320 INR (R2). Long-term target: 400 INR (R3). Strategy: Bullish Scenario: If price reclaims the channel and MACD turns positive, buy on a breakout above 280 INR with a target of 320 INR, maintaining a stop loss at 240 INR. Bearish Scenario: A breakdown below 230 INR opens a downside target near 200 INR and potentially 160 INR. Watch for Volume Confirmation: A decisive breakout should be accompanied by high volume to confirm trend reversal.
NSE:ZOMATO
by TrueVithbyVishwanath
ADANIPORTS Analysis: Breakout Potential and Key LevelsIndicators: MACD is plotted, showing divergence and momentum. Fibonacci Pivot levels (S1, S2, S3, R1, R2, R3) are visible. Trend: The price appears to be in a descending channel (blue trendlines), indicating a bearish trend within the broader price movements. Current Price: Approximately 550.25 INR. Breakout Potential: The price seems to be approaching the upper boundary of the descending channel, hinting at a potential breakout. Key Levels: Support Levels (Fibonacci): S1 (near 450 INR), S2 (around 300 INR), S3 (below 200 INR). Resistance Levels (Fibonacci): R1 (near 700 INR), R2 (around 850 INR), R3 (above 1,000 INR). Next Potential Target if Breakout Occurs: A breakout from the channel might target R1 (~700 INR), which is also aligned with the previous resistance zone. MACD Analysis: The MACD histogram shows a reduction in bearish momentum. A potential bullish crossover might occur, signaling a shift towards an uptrend. Next Stop Loss and Target: Stop Loss: Place it just below the current support level, around S1 (~450 INR). Immediate Target: If a breakout occurs, the next target is R1 (~700 INR). Further Target (if momentum sustains): R2 (~850 INR). Key Risks: If the breakout fails, the stock might retest lower Fibonacci levels (e.g., S2 at ~300 INR). Confirm volume and broader market trends before assuming a breakout. Summary: Breakout Potential: High near the upper boundary of the descending channel. Next Stop Loss: Around 450 INR. Immediate Target: 700 INR. Further Target: 850 INR if the momentum sustains. Bearish Breakdown Risk: Below 450 INR, look for support near 300 INR
NSE:ADANIPOWERLong
by TrueVithbyVishwanath