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Contains IO script

USOIL chart pattern for upcoming session's 15M TFUSOIL closed at 69.448 in the last session which is near to its support zone of 69.140 to 68.940 we've to watch for candlesticks patterns here because it price goes below support zone the we can easily see the 68.000 level of crude in the upcoming sessions but if price make upward momentum from here then we can get the price of 70.500-600 level in the next sessions of the oil and above it 71.300-400 is the next zone of resistance to go for.
FX:USOIL
by NobleFalcon
MN HOLDINGS - Potential of making Bullish Symmetrical Triangle ?MN HOLDINGS - Current Price RM0.920 In long term the stock is still UPTREND as it is above 200-day EMA. In short and medium term, the stock is in sideway/consolidation. The declined from 12 Aug 2024 (high RM1.12) to 29 Aug 2024 (low RM0.820) is due to weak market sentiment and profit taking activity. At current situation, the stock have a potential of making Bullish Symmetrical Triangle. If price made a breakout above the pattern, then it will trigger a buy signal (as it is viewed as Bullish Continuation Pattern). However, at this current moment there is no buy signal yet. As such, we may keep this stock in wacthlist. For ICHIMOKU CHART traders, the price is trading within the CLOUD (indicates sideway) and the CHIKOU SPAN is still below CANDLESTICK and CLOUD (no bullish scenario yet). If the price make new high above the CLOUD or the CHIKOU SPAN crosses up above CANDLESTICK & CLOUD, then it is viewed as bullish scenario. At that moment, ICHIMOKU CHART traders may anticipate to buy at best entry price. Notes : MN HOLDINGS is a good FUNDAMENTAL company and also a sub-con to TENAGA NASIONAL BHD. On 01 November 2024, HONG LEONG INVESTMENT BHD give a fundamental target price of RM1.60. However, as a CHARTIST/TECHNICIAN, we look for a buy signal based on Technical Analysis.
MYX:MNHLDG
by IMRAN_96
1
01Nov2024 - NIFTY - Predictions (Next Trading Day)1. Index Chart Details: Index: Nifty 50 Index Date: October 31, 2024 Time Frames: 1 Day (1D) 1 Week (1W) 1 Month (1M) 2. Support and Resistance Levels From the detailed extracted information regarding the daily chart: Support Levels: 24,000.00 23,750.00 23,500.00 Resistance Levels: 24,372.45 24,500.00 24,700.00 3. Market Scenario Prediction Based on the patterns observed in the charts, here is a prediction for the market scenario for the next trading day: Market Opening Flat to slight gap down Market is likely to open around 24,206.35 Market Trend Bullish initially , then range-bound Will start bullish but possibly level off 4. Options Strategies Considering the analysis of the current trend, here are suggested strike prices for options trading: Buy Call Options: Strike at 24,205, as it is near the current close and has a likelihood of moving upward. Put Options : If the market starts to show weakness, watch for opportunities at 24,000 support. 5. Calendar Spread Strategy 5a. Calendar Spread Strikes: Daily Chart: Buy Option at 24,205 (short-term move) Weekly Chart: Buy Option at 24,205 Monthly Chart: Buy Option at 24,000 for a hedge 5b. Trends: Daily Slightly Bearish Weekly Neutral Monthly Bullish 6. Trading Advice on ATM, ITM, or OTM Options In terms of trading options based on market behavior: ATM Trade During market opening, if bullish ITM Don't Trade Unless closing near support level OTM Better Not to Trade Expected to remain stagnant Conclusion This analysis provides specific insights based on the chart reading for the Nifty 50 Index. Disclaimer: Do Manage your Risk and Money management, Do not Forget to PUT STOP LOSS.
NSE:NIFTY
by JayeshBoradia
Alog , Coding, New Challenges , Looking for Pine Coders Hi i Just put up this video to reach out people at large for better coding results in Pine coding its very wonderful tool one can use it in real time and get to know the proper entry and exit we are very new to this kind of coding , Especially me being complete Zero in Coding We are testing these two pine coding which is based on 01) Algo code which is calculated using momentum and volatility 02) Moving average Code which is simple moving average coding 03) Alligator indicator which is a Good indicator created by Bill Williams using these 3 i am trying to fine tune and note the things required to change in the coding My Reach to Pine coders only for NSE /BSE or specifically Indian Community who knows how we trade in the Market can DM me your contact or email so i can reach you with methods i would like to share it Thanks
NSE:NIFTY
by ShreeKrishna_F
2
28 Oct 2024 - NIFTY Predictions (Next Trading Day)1. Index Chart Details Index: Nifty 50 Date: October 25, 2023 Time Frames Analyzed: 15-Minute, Daily, Weekly, Monthly. 2. Support and Resistance Levels Based on typical patterns observed in charts, here are the calculated support and resistance levels: 15-Minute Last peak around 24,780 Recent swing low at 24,700 Daily Last significant high of 24,800 Recent swing low near 24,500 Weekly Previous week's high at 25,000 Last week's low around 24,300 Monthly Monthly high close to 27,000 Key psychological level at 24,000 3. Market Scenario for Next Trading Day Based on the analysis of the charts, we anticipate several market scenarios for October 28, 2024. Here’s a summary table: Scenario Likely Condition Gap Up Possible Gap Down Unlikely Flat Possible Slight Gap Up Likely Slight Gap Down Possible Bullish Likely Bearish Possible Super Bullish Unlikely Super Bearish Unlikely Range-bound Likely Start Bullish, then Range-bound Likely Start Bearish, then Range-bound Unlikely Fully Range-bound Poorly Likely 4. Options Strategies Given the expected market conditions, the following options strategies are recommended: Strikes to Trade: Bullish Scenario: Buy 24,800 call if market momentum is positive. Bearish Scenario: Buy 24,500 put if bearish signals are confirmed. Specific Options Strategies: If Gap Up / Flat: Consider initiating a bull call spread using 24,800 calls. If Gap Down / Bearish: Look into a bear put spread around the 24,500 level. 5a. Calendar Spread Strategy For a Calendar Spread, the following configurations are advised: Daily: Buy 24,800 call for today, sell a next expiration 24,800 call. Weekly: Buy 24,600 put, sell the next expiration 24,600 put. Monthly: Buy 25,000 call, sell the next expiration 25,000 call. 5b. Daily, Weekly, and Monthly Trends Time Frame Trend Key Observation Daily Bearish Price action remains under recent highs indicating selling strength. Weekly Neutral Market appears to consolidate with few clear signals. Monthly Bullish Sustained upward momentum long-term, despite potential corrections. 6. Trading Recommendations for ATM, ITM, OTM For options trading advice based on the positioning of options, consider the following table: Type Recommendation Timing Suggestions ATM Trade Best suited for high volatility during market hours. ITM Trade with caution These could yield quicker returns, but carry greater risk. OTM Don’t Trade Higher risk and lower likelihood of achieving profits. Conclusion This structured analysis should assist you in making informed trading decisions for the next trading day. Do comment below. Disclaimer: Do Manage your Risk and Money management, Do not Forget to PUT STOP LOSS.
NSE:NIFTY
by JayeshBoradia
25OCt2024 - NIFTY Predictions (Next Trading day)1. Index Chart and Time Frames Index: Nifty 50 Date: October 24, 2024 Time Frames: Weekly (1W) Daily (1D) 15-minute (15M) Monthly (1M) 2. Support and Resistance Levels Support Levels: Daily: 24,341.20 (recent low) Weekly: 24,399.40 (current closing) Resistance Levels: Daily: 24,480.65 (recent high) Weekly: 24,978.30 (previous high) 3. Market Scenario for Next Trading Day Opening Gap Slight Gap Down Market Sentiment Bearish Expected Movement Start Bearish, then Range-bound 4. Options Strategies Recommended Strikes: Bearish Scenario: Buy 24,300 Puts Range-bound Strategy: Sell 24,400 Calls and buy 24,500 Calls 5a. Calendar Spread Strategy Strikes for Calendar Spread: Daily: 24,400 Weekly: 24,300 Monthly: 24,500 5b. Trends Table Daily Bearish Weekly Bearish Monthly Bullish 6. Trading Recommendations ATM Trade Morning session ITM Trade Morning session OTM Don't Trade All day Summary The market is expected to open slightly down and remain bearish initially, with potential for range-bound movement later in the day. Focus on bearish options strategies, particularly around the 24,300 and 24,400 strikes. Disclaimer: Do Manage your Risk and Money management, Do not Forget to PUT STOP LOSS.
NSE:NIFTY
by JayeshBoradia