Asian Paints : Multibagger IdeaExciting Bullish Pattern Alert! 🐂
📊 Pattern: Symmetric Triangle
📌 Symbol/Asset: ASIANPAINT
🔍 Description: Stock is in a pattern formation. Support is around 2850-2900 and we can see huge upside after breakout of the resistance.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Energy Commodities
CRUDEOIL LOOKING WEAK-SHORT ENTRYCRUDEOIL LOOKING WEAK AS PER ANALYSIS
Moving Average Observations:
Price below 50-day, 100-day and 200-day Moving average.
RSI Observations:
The Daily RSI indicator has remained below 50. This is a bearish zone. Current Daily RSI reading is 42.43.
ADX Observations:
The Daily DMI position remains bearish.
Donchian Channel Observations:
Price is below middle Donchian channel (Bearish).
Ichimoku Observations:
Price below Ichimoku clouds.
Price is below middle Bollinger band (Bearish).
Unlocking Opportunity: Soybean Oil's Reversal Sparks InterestSoybean Oil Futures Analysis:
Current Price: $52.71
Soybean oil has consistently been an appealing asset, having traded near the year's high just six months ago. Recently, the commodity experienced a notable downtrend, dropping from $64.80 to $48.01. However, a modest upward movement is now observable.
Upon closer examination, we identify a change in character within the market dynamics. We are strategically considering a buy position for the oil script, setting a risky stop loss at $50, and a broader stop loss at $48. Despite existing chart resistance, our expectation is for the price to reach $60.80 and beyond.
It's important to note potential resistance points, as indicated on the chart. Additionally, should the price manage to breach and sustain $64.80, a significant and sustained rally could unfold over an extended period.
Please be aware that this analysis is for informational purposes only and does not recommend replicating the same trading strategy.
Happy Investing!
Coal India Monthly Investing Level.This stock has climbed above a price it struggled to break in 2019. It took some time to stabilize just below this price before making the move. It looks like it could reach 335 in the near future, which could be a good investment. But be sure to set a stop-loss to protect your investment in case things don't go as planned.
CrudeOil Important Levels to watch ! CrudeOil important levels to watch are as follows
#Support: 6480
Sell below: 6480 only on 15 minute candle closure below the level.
Target 1: 6420
Target 2: 6350
Target 2: 6280
#Resistance: 6540
Buy Above: 6540 only on 15 minute candle closure Above the level.
Target 1: 6610
Target 2: 6720
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our indicators for more informed decision making. if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
#USOIL intraday long trade setup Greetings Folks,
today I have prepared a setup of USOIL on TVC
the analysis is as follows-
-the price currently broke out of a range of equal highs, this is a good sign of bullish momentum
- the price is retracing right now, either it can take support from the 50% of retracement or respect the support zone i mentioned in chart
- the safer trade would be the latter one, i have marked the take profits also or you can also use pivot point indicator for exit
don't play with fire, always use a predefined stoploss
Crude Short Sell LevelThe chart has the key level marked out. 85.70 will be a great level to short the commodity. The trend remains down though we have now reached a support and also the oscillators are oversold which will lead to some mean reversion. So best to wait for the level to be reached on the bounce and then short sell the commodity.
Natural Gas Important Levels to watch !Natural Gas important levels to watch are as follows
#Support: 282.1
Sell below: 282.1 only on 15 minute candle closure below the level.
Target 1: 279.1
Target 2: 276.9
Target 3: 274.2
#Resistance: 287
Buy Above: 287 only on 15 minute candle closure Above the level.
Target 1: 290
Target 2: 294.9
Target 3: 301.9
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
CrudeOil Important levels to watch ! CrudeOil important levels to watch are as follows
#Support: 6830
Sell below: 6830 only on 15 minute candle closure below the level.
Target 1: 6760
Target 2: 6700
Target 2: 6650
#Resistance: 6950
Buy Above: 6950 only on 15 minute candle closure Above the level.
Target 1: 7030
Target 2: 7130
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Natural Gas important levels to watch !Natural Gas important levels to watch are as follows
#Support: 247.6
Sell below: 247.6 only on 15 minute candle closure below the level.
Target 1: 246
Target 2: 243
#Resistance: 250.5
Buy Above: 250.5 only on 15 minute candle closure Above the level.
Target 1: 252.3
Target 2: 255.2
Target 3: 258.6
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
CrudeOil Important levels to watch !! CrudeOil important levels to watch are as follows
#Support: 7025
Sell below: 7025 only on 15 minute candle closure below the level.
Target 1: 6960
Target 2: 6860
#Resistance: 7130
Buy Above: 7130 only on 15 minute candle closure Above the level.
Target 1: 7200
Target 2: 7290-7300
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
AUDUSD ShortFOREXCOM:AUDUSD - 4H Analysis
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
Crude Oil Important levels to watch !! CrudeOil important levels to watch are as follows
#Support: 7385
Sell below: 7385 only on 15 minute candle closure below the level.
Target 1: 7320
Target 2: 7240
#Resistance: 7475
Buy Above: 7475 only on 15 minute candle closure Above the level.
Target 1: 7525
Target 2: 7580
Target 3: 7680
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.