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Palantir (PLTR) Technical Analysis – Bullish Trend Continuing?The weekly chart of Palantir Technologies (PLTR) reflects a strong bullish momentum, with price action consistently making higher highs and higher lows. Below is a detailed analysis of the technical indicators and projections: Fibonacci retracements and extensions are plotted to identify potential upside targets. The price has surpassed the key level of 1.414, and higher targets at 4.236, 5.618, and beyond are being tested. These levels serve as speculative zones for future resistance. The 20 Week MA is showing strong upward momentum, confirming a bullish trend. The 50 Week MA and 200 Week MA are far below the current price, indicating sustained momentum over the past months. A sharp rise in volume during recent rallies suggests strong buying interest, further supporting the bullish outlook. After a parabolic move in recent weeks, the price is consolidating above key Fibonacci levels, indicating potential continuation of the rally. Risks to Consider While the bullish trend is strong, traders should remain cautious of potential corrections or pullbacks, especially after such a sharp upward move. Disclaimer: I am holding Palantir (PLTR) stock for approximately one year. This analysis is based on personal observations and is not a recommendation to buy or sell. Please conduct your due diligence and consider consulting a financial advisor before making any trading decisions.
NASDAQ:PLTRLong
by shekharvsingh1
Bank Nifty: Key Price Levels and Breakout Analysis for TomorrowBank Nifty Trading Idea - Key Zones to Watch 🔍 Overview: Bank Nifty has shown strong momentum recently and is approaching critical levels. Here’s a breakdown of the key zones and potential scenarios. ⚡ Key Zones 1️⃣ Huge Resistance Zone (51,800–52,000) This is a significant resistance area where sellers have historically dominated. What to Watch: If we get a perfect breakout above 52,000, the price may potentially move toward 52,324/52,526 levels in the short term. Failing to break this level could result in a pullback to test lower zones. 2️⃣ Resistance Zone (51,600–51,700) A minor resistance level where early signs of strength or rejection can be observed. 3️⃣ Support Zone (51,100–51,200) This zone has been a reliable base for the ongoing rally. What to Watch: A pullback here could provide insights into whether the bullish trend is likely to continue. 4️⃣ Important Support Zone (50,500) A deeper support zone, critical for maintaining the overall uptrend. What to Watch: A break below this level might signal a bearish shift. 📈 Momentum (MACD) The MACD indicator is showing bullish momentum, with an upward trend and a positive histogram. This supports the chances of a continued rally unless we see a reversal signal. 💡 Trading Plan Breakout Scenario: A clean breakout above 52,000 could pave the way for targets near 52,324/52,526, supported by strong volume. Pullback Scenario: If the price pulls back to the support zone (51,100–51,200), monitor price action for signs of strength or weakness. Reversal Scenario: A breakdown below the important support zone (50,500) could indicate bearish momentum and deeper corrections. If you liked this idea, hit like🚀 and follow us for more such educational content! For other ideas, check out our profile @TraderRahulPal Don’t forget to follow us for daily insights and updates! Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own research or consult a financial advisor before making any decisions.
NSE:BANKNIFTY
by TraderRahulPal
Short term Bullish trade on GBP USDGBPUSD broke crucial support level at around 1.2507 on 2nd Jan and had a steep fall with a new interim low of 1.2355 (~150 points). This is a very steep fall in a single day and it took out a few long term support lines. My sense is that GBP USD will make a upward dash now either because (i) to allow a lot of sellers who missed the selling opportunity to be able to participate in this downward rally or (ii) a new low has now been formed and now GBP can only go up in the short term. I am expecting GBP to touch 1.2507 in next couple of days. Currently there is a short term resistance line at around 1.2410. Once that is broken and retested, I will go Long with a stoploss around 1.2388 (~22 points) with a target of 1.2507 (~97 points). This is a good trade with RR of nearly 1:5.
Long
by ssp1282
3
03-01-2025 Natural Gas longNow from here onwards, we can look for buy side opportunity GAP is completely filled. Maximum down side potential is $ 3.30 level, only for today because next trading day is Monday (06-01-2025). Disclaimer: We are not SEBI registered. All the content (videos, comments, posts, community posts, live streaming, etc) is for educational and informational purposes only, Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions.
CAPITALCOM:NATURALGASLong
by iparaswanipiyush
Technical Analysis for Colgate-Palmolive (India) Ltd.: Trade Type: Swing trade for 1 month Key Highlights: Pattern: Double bottom, indicating a bullish reversal RSI Divergence: Supporting upward momentum Entry Details: Current Market Price (CMP): ₹2821 Stop Loss (SL): ₹2640 Targets: Target 1: ₹3048 Target 2: ₹3280 Risk Management: Trail stop loss to breakeven after achieving the first target 📌 Disclaimer: This analysis is for educational purposes only and not investment advice. Please consult a financial advisor before making any trading decisions. #Colgate #TechnicalAnalysis #SwingTrade #DoubleBottom #RSIDivergence #TradingStrategy #StockMarket #RiskManagement
NSE:COLPALLong
by hunterhunt777
Bank Nifty Intraday Technical Analysis for 6th Jan.🚀 Unlock the potential with my Bank Nifty Intraday Technical Analysis for 6th January, 2025! ✨ Boost, follow, and engage for updates. Your support means a lot! 🚀❤️ 📍 Day Range Trigger Point (DRTP): 50989 📅 Day Range: 767 📈 Long Position 🔹 Buy Above: 51379 🎯 Target 1: 51463 🎯 Target 2: 51756 ⛔ Stoploss: 51123 📉 Short Position 🔹 Sell Below: 51197 🎯 Target 1: 50515 🎯 Target 2: 50222 ⛔ Stoploss: 51453 ✨ 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. 📈 🚀 How to Trade with Numro Trader Intraday Levels Buy Setup 🕒 Wait for a 5-Min. candle to close above DRTP or Buy Above level. 📈 Confirm breakout with a candle breaking the high of the breaking candle. 🛒 Enter a buy order at the active level (DRTP or Buy Above). 🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP). ⚠️ Exit Rule: Set stoploss of 65 points exactly from the active level. Avoid re-entering after achieving the target. Sell Setup 🕒 Wait for a 5-Min. candle to close below DRTP or Sell Below level. 📉 Confirm breakout with a candle breaking the low of the breaking candle. 🛒 Enter a sell order at the active level (DRTP or Sell Below). 🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP). ⚠️ Exit Rule: Set stoploss of 65 points exactly from the active level. Avoid re-entering after achieving the target. #BankNifty #IntradayTrading #StockMarket #NumroTrader
NSE:BANKNIFTY
by NumroTrader
Database in Trading part 2TLDR; ArticDB looks to be the best current option. CSV - Simplest, slowest, largest and no data types can lead to type errors when loading. SQL Database - typically transactional row store (OLTP), slow for analysis (OLAP), difficult to shard and parallelize workloads over clusters. While MongoDB proved the fastest to read and write end-of-day OHLC (Open, High, Low, Close) data — the SQL solutions were 1.5 × to 3 × slower — in terms of costs MongoDB was definitely the most expensive due to its commercial licensing costs.
NSE:M&MFINEducation
by SkyTradingZone