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31Oct 2024 - Nifty Predictions (Next Trading Day) (Weekly ExpiryIndex Chart Information: Index: NIFTY 50 Date: October 30, 2024 Time Frames: Daily (D), Weekly (W), Monthly (M) Expected Support and Resistance Levels for the Next Trading Day: Based on the closing price of 24340.85, here are the support and resistance levels derived from chart analysis: Support Level 1 24000 Support Level 2 23850 Resistance Level 1 24500 Resistance Level 2 24700 Market Scenario for the Next Trading Day: Market Opening Likely Gap Up Expected Movement Bullish Specifics Start bullish and then range-bound Options Strategies and Specific Strikes for the Next Trading Day: To provide a clear approach based on the support and resistance established: Option Type Strike Price Strategy Calls 24500 Buy Call Puts 24000 Buy Put Calendar Spread Strategy: For building a calendar spread: Duration Strike Price Comment Daily 24300 Near current price for short-term trades Weekly 24500 Captures next week’s movement Monthly 24700 Long-term strategy for expected price increase Trading Recommendations on ATM, ITM, and OTM Options: Trade Type Recommendation Notes ATM Trade Good volatility; ideal for quick moves ITM Consider Trading Less risk, higher premium cost OTM Watch Only Higher potential reward but very risky This revised response aligns with the closing market price of 24340.85 and allows you to make informed decisions based on the technical analysis of the charts provided. If further adjustments are needed or additional insights are required, feel free to ask!
NSE:NIFTY
by JayeshBoradia
Bitcoin Bybit chart analysis October 29Hello 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. Nasdaq indicators will be announced at 11 o'clock shortly. Since the price of Gimp has risen a lot, the goal of breaking through 100 million has already been achieved, but isn't the margin exchange important? If Bitcoin goes up a little more, it will skyrocket, but I had a lot of trouble today because of the entry point. Well, if Nasdaq doesn't crash today, Bit has slightly surpassed its all-time high, so it's a double top, right? (Bearing condition) First of all, today is not a sweeping condition, and the possibility of a crash is not high, so we operated very aggressively. If perfect doesn't come out today, I will take a day off tomorrow to reflect. *When the red finger moves, it is a one-way long position strategy. 1. 70990.5 dollars long position entry section / cut-off price when purple support line breaks 2. Top section 1st target -> Good 2nd target -> Great 3rd target If you just touch the 1st section at the top, 71694 dollars, it is an overshooting position, a position where an upward trend is connected, and if it reaches the Top section, it can be connected to Good right away, but I tried to be perfect. If the strategy succeeds and the Top or Good section target price is reached, it would be good to use the last red finger 1st section as an additional long position entry section. It is a strong upward condition until the purple parallel line support line is maintained. Then, the long position entry point is section 2, and the range is around 700 dollars, so I set the cut-off price short. If the rebound doesn't come out strongly in the 2nd section today, Since the 3rd section below is roughly the 1+4 section, I think it would be good to remember this place. Today, I will leave it short and thick like a man and go in. Up to this point, Please use my analysis as a reference and only to the extent of use, I hope you operate safely with the principle trading + stop loss price. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
"Retailer Trap in Action? | TATAMOTORS✅"Tata Motors (-3.8%) has hit its lowest point since January, down 28% from July highs. Are you buying the dip?" ✅"Inducement is a process where market movements are manipulated to encourage traders to take positions that are likely to fail. The idea is that large institutions can influence price movements to attract various traders and trap them in losing trades." 💡Insight: 📍Business Split: Tata Motors is separating its Passenger and Commercial Vehicle businesses to streamline operations, with a Jaguar Land Rover IPO expected soon 📍Sales Boosting Discounts: October 2024 sees major festive discounts on models like the Nexon and Harrier to regain market share 📍Sales Performance: A 2% year-over-year increase in Q1 FY25, led by strong growth in commercial vehicles despite slight dips in passenger vehicles 💡✍️Applied Tools:- 1️⃣Trap Trading 2️⃣Strong order block zone 3️⃣Fake channel breakout 4️⃣Inducement Strategy ✅Check out my TradingView profile to see how we analyze charts and execute trades. ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡FNO Stocks📉📈📊 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:TATAMOTORS
by ReviveTraders
2
TITAGRAH HIDDEN GEM- READY TO RUNNSE:TITAGARH May the festival of lights brighten your life with happiness, prosperity, and joy. Wishing you and your loved ones a sparkling and safe Diwali filled with cherished moments and new beginnings. Happy Diwali! #TITAGRAH Weekly chart 🚀 The hidden gem has fallen 45% from its peak and is now consolidating over the last four weeks. It is expected to rally again, surpassing the 1220 mark. 💯 Keep on radar For Next Rally> Keep Learning Happy Trading
NSE:TITAGARH
by SANJAYPATIDAR_
2
GOLD SENARIO 30-10-24Gold has trapped buyers after breaking out of an uptrend channel. It closed above the channel on the 15-minute timeframe. You’ll notice two zones here: the top one is a minor order block, and the lower one is a major order block. If the price starts forming higher highs at either of these order blocks, a trade opportunity may present itself. Ensure you confirm with signals like fair value gap (FVG) fills and demand fills on smaller time frames. If gold breaks below the major order block and retraces, we can look for shorting opportunities. Stay patient and wait for solid confirmations.
OANDA:XAUUSD
by munmeeth
EUR/USD Drops Close to 1.0800Join Alisa for the latest update on the EUR/USD currency pair! The Euro is under pressure due to expectations from the ECB regarding a potential cut in deposit interest rates. Currently, the market is pricing in nearly a 50% chance of a 50 basis-point rate cut in the December meeting. Additionally, the EUR/USD pair’s weakness is compounded by a strengthening USD amidst the uncertainty surrounding the U.S. presidential election, as the race is nearly tied ahead of November 5th. All these factors paint a rather bleak outlook for the Euro in the near term. EUR/USD declined after two days of gains, trading around 1.0818 during Asian hours on Wednesday. Looking at the technical chart, the 34 and 89 EMAs have reversed, further reinforcing the downtrend for this pair. With significant resistance at 1.0823, the EUR/USD pair is likely to pull back toward the support level at 1.0813 and may even continue its decline to the previous support at 1.0797. The current situation indicates that the Euro may continue to face challenges, and investors should closely monitor upcoming developments to make informed decisions in this context.
by Alisa_Rokosz
10 RR TRADE GOLDGold is highly bullish, breaking all-time highs. I waited for a simple trendline breakout and a confirmed close on the 5-minute timeframe, rather than the 15-minute or 1-hour, due to the market's high volatility, which sometimes requires adapting quickly. The market didn't revisit previous demand zones or break below prior highs, and the formation of higher highs continued strongly. I entered the trade after observing a higher high, followed by a retracement to a 1-minute order block. After confirming a rejection, I entered, and the trade has yielded a 10R so far, which I'm still holding. If you're interested in signals, feel free to like or comment!
OANDA:XAUUSDLong
by munmeeth
5
TTL Breakout with a good upside potentialHey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Rectangular box Pattern in Daily TF. * From Feb 2024 to Oct 2024 its in range. * From Feb 2024 to Oct 2024 Tested & Moving Resistance Many times. * It's Break resistance Zone and trying to Sustain Above Resistance Zone with good volume good closing required. * Volume Accumulation (Volume is Rising). What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:TTLLong
by ChartSight
1