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SchaefflerInd - Technical Analysis#Schaeffler India - Technical Analysis Report Current Price: 4,141.10 / Prev ATH @4951. Trade Setup Overview Basic Dow Theory : Stock is making Higher High - Higher Low by Breaking previous ATH decisively and stock is down to strong Demand Zone for retracement. Stock is in consolidation before breaking previous ATH & currently forming Flag & Pole Pattern. Entry on breakout above resistance 4,200-4,300 Conservative Stop Loss at 3,800 | Tight SL near 4,000 Tgt 1: 4,602 Tgt 2: 4,776 Tgt 3: 5,026 Grand Flag & Pole Target: 5,495. Technical Highlights: - Trend Reversal confirmed by breaking previous High on May 2025 around 2,800 - Price consolidating after strong recovery rally - Trading above key moving averages - Breakout above 4,300 resistance could trigger momentum toward 4,600 / 5495 Risk-Reward: Favorable R:R with potential 11-33% upside vs 3-8% downside to stop loss levels.
NSE:SCHAEFFLERLong
by earnwhileulearn
Buy MCX#MCX (Multi Commodity Exchange) Technical Analysis Summary Current Market Price : ₹8,051.50 Dow Theory Analysis The chart perfectly demonstrates **Dow Theory principles** in action: Bullish Structure Higher Highs : Clear progression from previous peaks Higher Lows : Each dip maintains above previous lows Fresh Higher High : Recent peak establishing new uptrend confirmation Key Technical Levels Daily Resistance : 8,339.00 Weekly Resistance : 8,901.50 Previous ATH : 9,115.00 Multiple Pattern Confirmations 1. Flag & Pole Pattern : - Bullish continuation pattern Suggests upward momentum continuation 2. Harmonic Pattern : - Trading near point B - Activation Level : 8,148.50 - 1st Target : 9,115 (Previous ATH) - 2nd Target : 9,964 (Current projection) Do your own analysis before Initiating any Trades.
NSE:MCXLong
by earnwhileulearn
6
Nifty inside a Parallel channel !!!Yesssss!!! Chart patterns depict me to go with the above titled view Nothing much to explain here... .Nifty has been travelling in a parallel channel making higher highs and higher lows Right now, its is at the bottom support of the parallel channel getting ready for the next leg of upmove... If this holds good, it may break ATH!!! Let's wait and watch!!!! Target levels mentioned as white lines ,Day candle closing out of the channel welcomes bears into play. We can wait for the 2 HR/DAILY breakout out of the yellow trendline and make our entry and setting SL at the low of the Breakout candle.... will update once it breaks out!!! This is just my view...not a tip nor advice!!! Thank you!!!
NSE:NIFTYLong
by mmjimm
Powergrid - 10% Upmove possible?!!!Chart patterns suggest me the above titled opinion 1. Monthly chart shows a Mother baby candle (feb and march 2025) 2. Weekly chart too shows a good inside bar candle with good volume support and Breakout visible (shown below) 3. In daily time frame, there is an expanding channel pattern... . Higher high formed indicates a bulls edge . 4.Let's wait for the Breakout and enter the trade 5.Target levels mentioned @ chart. This is just my opinion...not a tip nor advice... Thank you!!!!
NSE:POWERGRIDLong
by mmjimm
Gold Trading Strategy XAUUSD July 18, 2025 Yesterday's trading session, after a strong correction to the 3310 area, the gold price increased sharply again. Basic news: FED Governor Christopher Waller supports a 25 basis point interest rate cut later this month. The number of weekly unemployment claims in the US fell to 221,000, lower than the forecast of 233,000 and the previous period's level of 228,000; data shows that the US labor market remains stable, strengthening the economic growth outlook. Technical analysis: The M30 and H1 time frames have not clearly shown the trend of the gold price, when the tug-of-war between buying and selling is quite large. However, in the H4 and D1 frames, there are signs that the gold price will increase again. If the gold price continues to trade in the 3290 - 3300 area, it shows a new multi-frame compression process. This area is very important as it can be a trading point that brings us great profits. Important price zones today: 3318 - 3323, 3287 - 3292 and 3352 - 3357. Today's trading trend: BUY (hold). Recommended orders: Plan 1: BUY XAUUSD zone 3318 - 3320 SL 3315 TP 3323 - 3233 - 3343 - 3353. Plan 2: BUY XAUUSD zone 3288 - 3290 SL 3285 TP 3293 - 3303 - 3320 - 3340 - Open. Plan 3: SELL XAUUSD zone 3353 - 3355 SL 3358 TP 3350 - 3340 - 3330 - 3310. Wish you a lucky, safe and profitable weekend trading day.🌟🌟🌟🌟🌟
OANDA:XAUUSD
by rotpubsew
Dow Futures Trading Strategy 05th December 2024Trading Strategy for Dow Futures: Buy Strategy: Entry Point: Enter a long position (buy) above the high of the candle that closes above 45230 on a one-hour timeframe. This means if a one-hour candle closes above 45230, you will buy once the price exceeds the high of that candle. Stop Loss: Set a stop loss slightly below the low of the breakout candle to manage risk. For instance, if the breakout candle has a low of 45100, you might set your stop loss at 45090 to protect your capital. Target: Determine your target based on historical resistance levels or a risk-reward ratio. For example, if you're risking 140 points (45230 to 45090), aim for a reward of at least 280 points (e.g., a target of 45510). Sell Strategy: Entry Point: Enter a short position (sell) below the low of the candle that closes below 44870 on a one-hour timeframe. This means if a one-hour candle closes below 44870, you will sell once the price drops below the low of that candle. Stop Loss: Set a stop loss slightly above the high of the breakdown candle. For example, if the breakdown candle has a high of 45000, you might set your stop loss at 45010 to mitigate risk. Target: Determine your target based on historical support levels or a risk-reward ratio. For example, if you're risking 140 points (44870 to 45010), aim for a reward of at least 280 points (e.g., a target of 44600). Risk Management: Use Stop Losses: Always use stop losses to protect your capital and limit potential losses. Position Sizing: Never risk more than a small percentage (e.g., 1-2%) of your trading capital on a single trade. Regular Review: Continuously monitor the market and adjust your strategy based on evolving conditions and new information. Market Context: Economic Indicators: Pay attention to key economic indicators such as employment data, GDP figures, and interest rate announcements that can impact Dow futures. Geopolitical Events: Be aware of geopolitical events and developments that can cause significant market volatility. Disclaimer: Trading in financial markets involves substantial risk of loss and is not suitable for every investor. The strategies and opinions expressed are those of the author and do not necessarily reflect the views of Microsoft. Users should perform their own research and consult with a financial advisor before making trading decisions. Past performance is not indicative of future results.
BLACKBULL:DJ30.F
by ramkkyy
SEQUENT SCIENTIFIC By KRS ChartsDate: 4th July 2024 Time: 10:42 AM Why Sequent Scientific ? LH- Lower High, LL - Lower Low HH- Higher High, HL- Higher Low 1. Applied Simple Dow Theory from year 2022 , It was consistently making LHs and LLs and very first time in Feb 2024 it breaks previous high and makes new HH , which is considered as a beginning of reversal. 2. After that on 3rd June Price action made new HL for first time without breaking previous LL level and moving upwards with strong candles and volume. 3. Meanwhile, on weekly TF price took support from 100EMA too and makes strong upward moves. Target 1 - ~203 Rs. Target 2 - ~260 Rs. SL- Weekly Closing below 100EMA
NSE:SEQUENTLong
by KRSCharts
5
QUESS CORP By KRS ChartsDate: 23rd July 2024 Time: 7:20PM Why Quess Corp? 1. Fundamentally Good Company with decent P/E Ratio. 2. Since Quess Corp listed it, movement is sideways within specific range if we check bird view of it. 3. According to Dow Theory, it was making LH LL (Downtrend) but very first time in 2023 it made Higher Low and moving continuously upside and now sustain price near All-time resistance. Once it Break this resistance there is Buy Trade for Quess Corp for new Higher High ~1000Rs. And for Early Entry individual can enter small Qty at current price with SL of 591 Rs.
NSE:QUESSLong
by KRSCharts
6
Trident NSE Date - 22 March 2024 Time - 10:30 AM WHAT is, 1. VAH& VAL- The upper limit of the Value Area is called Value Area High (VAH), while the lower limit is referred to as Value Area Low (VAL). These levels can serve as potential entry and exit points for trades. 2. POC- The price level for the time period with the highest traded volume. -As we can see, since last year Trident is doing HH and HL. (Bullish) -After using Fixed Range Volume Tool for both long and medium time periods we have find that 36-37 Rs is where long term VAH volume and medium term POC + 100 Ema is also meeting at same price and creating strong support. -Today's price movement is confirming strong support at 36-37 Rs. So, with a SL of 32.40 (Prev HL) We can LONG Trident for Medium Term. Thank You! Have A Good Day!
NSE:TRIDENTLong
by KRSCharts