Asian Paints | Possible Bottom ? ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Target
✅Check out my TradingView profile to see how we analyze charts and execute trades.
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NIFTY INTRADAY LEVELS FOR 12/12/2024BUY ABOVE - 24700
SL - 24570
TARGETS - 24760,24860,24950
SELL BELOW - 24570
SL - 24700
TARGETS - 24500,24420,24340
NO TRADE ZONE - 24570 to 24700
Previous Day High - 24700
Previous Day Low - 24570
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.
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HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 12/12/2024BUY ABOVE - 53670
SL - 53350
TARGETS - 53890,54150,54400
SELL BELOW - 53350
SL - 53670
TARGETS - 53170,52970,52800
NO TRADE ZONE - 53350 to 53670
Previous Day High - 53670
Previous Day Low - 53350
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 👍
NIFTY INTRADAY LEVELS FOR 11/12/2024BUY ABOVE - 24700
SL - 24570
TARGETS - 24760,24860,24950
SELL BELOW - 24570
SL - 24700
TARGETS - 24500,24420,24340
NO TRADE ZONE - 24570 to 24700
Previous Day High - 24700
Previous Day Low - 24500
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 👍
VEDL Multiyear Breakout VEDL is currently trading at ₹520, slightly above its multi-year breakout level of ₹495. This presents a strong investment opportunity with the potential to deliver a remarkable return on investment (ROI) of up to 5X from the current price. Investors may consider accumulating the stock with a long-term target range of ₹2,000 to ₹2,500, reflecting substantial growth potential. This breakout signifies a robust technical structure, indicating a strong upward trajectory for the stock, supported by favorable market dynamics and potential future catalysts.
Maruti | Trendline Bull Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Supports
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️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.
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RPOWER - VCP & Flag & Pole breakout. Buy above 46.77RPOWER had earlier formed VCP Pattern, followed by Flag and pole breakout.
Rpower had its share of up's and down !! on one side it cleared almost all of its debt and on other hand it got banned by SECI.
Thankfully the co. is out of Ban and they won their biggest order
"RELIANCE POWER SUBSIDIARY, RELIANCE NU SUNTECH WINS 930MW SOLAR ENERGY
& BATTERY ENERGY STORAGE SYSTEM OF 1860 MWH PROJECT OF SECI
THIS IS THE SINGLE LARGEST PROJECT OF SOLAR AND BATTERY STORAGE SYSTEM IN INDIA"
One can enter above 46.77 for targets of 54/74/100. SL - 41.85
Disclaimer : This is Educational post. Please do your own research.
Nifty Intraday Analysis for 11th December 2024NSE:NIFTY
Index closed near 24610 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 121.28 Lakh
24700 Strike – 114.92 Lakh
24800 Strike – 81.90 Lakh
Put Writing
24000 Strike – 94.23 Lakh
24300 Strike – 68.75 Lakh
24500 Strike – 64.48 Lakh
Index has resistance near 24800 – 24850 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.
Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.
Technical Analysis Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
What exactly are the two types of technical analysis? Chart patterns and technical (statistical) indicators are the two main types of technical analysis. Chart patterns are a subjective type of technical analysis in which technicians use certain patterns to indicate regions of support and resistance on a chart.
Biocon Ltd. ( 38-40% upside potential )
Sector: Biotechnology & Medical Research
WTF as we can see MTF & DTF structure bullish and price makes HH & HL pattern and now price in HTF demand zone (previous resistance) with supportive RSI ( below 30 ) and bollinger band lower band support in DAILY TF.
on DAILY TF RSI N BOLLINGER BAND also support the IDEA...
price may face resistance at 350-382 as DAILY supply zone as well as HTF supply zone....
on the other hand PA moves against our anticipation, 260 level on DAILY closing basis act as stop loss...
PA in a buying zone / demand zone where higher probable chance of getting reversal. so one should follow its own strategy for buying / accumulation to get better RR.
so keep in mind and plan your trade accordingly...
Who's gonna trade with me for this trade IDEA let me know.....
BANK NIFTY INTRADAY LEVELS FOR 11/12/2024BUY ABOVE - 53670
SL - 53350
TARGETS - 53890,54150,54400
SELL BELOW - 53350
SL - 53670
TARGETS - 53170,52970,52800
NO TRADE ZONE - 53350 to 53670
Previous Day High - 53670
Previous Day Low - 53390
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 👍
AxisBank | Trendline BUll Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Supports
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️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 !
Nifty Intraday Analysis for 10th December 2024NSE:NIFTY
Index closed near 24620 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 110.01 Lakh
24700 Strike – 100.21 Lakh
24800 Strike – 67.86 Lakh
Put Writing
24500 Strike – 67.73 Lakh
24600 Strike – 54.14 Lakh
24700 Strike – 48.34 Lakh
Index has resistance near 24800 – 24850 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.
Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.
Option And Data Base Trading OptionMetrics provides the highest quality and most comprehensive historical options data on the market today. Leading investment and academic institutions worldwide rely on the accuracy of our options data to measure volatility, assess risk, and analyze investment strategies.
By analysing the information provided in the option chain, traders can identify potential trading opportunities and make informed decisions about buying or selling options contracts. Option chains are used by traders to analyse and evaluate the market's expectations of an asset's future price movements.
Advance Profitable Trading MindsetOne of the most important psychological characteristics of winning traders is the ability to accept (1) risk and (2) the fact that you may well be wrong more often than you are right in initiating trades. Winning traders understand that trade management is actually a more important skill than market analysis.
Trading strategy based on moving averages.
Trading strategy based on technical analysis and price patterns.
Trading strategy based on Fibonacci retracements.
Candlestick trading strategy.
Trend trading strategy.
Flat trading strategy.
Scalping.
professional trading mindsetThey are disciplined in their trading and can view the market objectively, regardless of how current market action is affecting their account balance. They don't give in to being excessively excited about winning trades or excessively despairing about losing trades.
Stick to Your Discipline. ...
Lose the Crowd. ...
Engage Your Trading Plan. ...
Don't Cut Corners. ...
Avoid the Obvious. ...
Don't Break Your Rules. ...
Avoid Market Gurus. ...
Use Your Intuition.
Nifty Intraday Analysis for 12th December 2024NSE:NIFTY
Index closed near 24640 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24700 Strike – 146.50 Lakh 25000 Strike – 145.21 Lakh
24600 Strike – 102.78 Lakh
Put Writing
24000 Strike – 110.82 Lakh
24500 Strike – 109.43 Lakh
24600 Strike – 99.69 Lakh
Index has resistance near 24700 – 24750 range and if index crosses and sustains above this level then may reach near 24900 - 24950 range.
Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.
KNR Constructions Ltd. ( 40% upside potential)
Sector: Construction - Infrastructure
WTF as we can see MTF & DTF structure bullish and price makes HH & HL pattern and now price in DAILY demand zone with RSI bullish divergence and bollinger band lower band support.
LTF say 1H mitigation in DTF demand zone with RSI bullish divergence and bollinger band lower band support.
on DAILY TF RSI N BOLLINGER BAND also support the IDEA...
counter trendline (345-350) on daily chart & 375-380 on HTF may react as a resistance once it broke it will b rocket...
one can apply BUY ON DIPS strategy OR finally wait for extreme zone for better RR.
price may face at resistance ( HTF supply zones are self explanatory )
so plan your trade accordingly...
Who's gonna trade with me for this trade IDEA let me know.....