Fundamental Analysis
IRCTC Descending Channel breakout to watch.Descending Channel:
The price is trending downwards within a well-defined descending channel (yellow lines), with lower high and lower lows indicating a bearish trend.
Key Support and Resistance Levels:
Support:
788.50 appears to be a strong support level, as shown by the blue horizontal line, below that it can move towards 725 represents a more significant lower support level.
Resistance:
850 being the previous high and immediate resistance.
914.75 is resistance levels within the current channel.
A breakout above the 993.65 resistance could indicate further bullish momentum which till for new all time high.
RSI (Relative Strength Index):
The RSI is hovering near 53.64, It indicates a neutral to slightly bullish sentiment.
Recent Price Action:
The price has bounced off the 788.50 support and is attempting to move upward, nearing the channel's upper boundary. A breakout from the channel could signal a trend reversal.
Volume:
Volume appears moderate, which might suggest the need for stronger buying interest to sustain an upward breakout.
Potential Strategies:
Bullish Scenario: If the price breaks above the descending channel and closing above 850 resistance with strong volume, it could indicate a bullish trend reversal till 914.75
Bearish Scenario: A rejection at the channel's upper boundary or resistance levels of 850 may lead to further downside toward 725 or even 670.
Disclaimer -
The information provided herein is for educational purposes only. It does not constitute financial, investment, or trading advice. Consult a qualified financial advisor before making any financial decisions.
We are not liable for any monetary loss, that may arise directly or indirectly from the use of information provided
EURUSD Next possible move SAXO:EURUSD
Here’s a detailed description for today’s bearish view in EUR/USD:
---
### **Title**
*"EUR/USD Intraday Analysis: Sell Bias Prevails | Post-NFP Weakness"*
#### **Market Context**
*"EUR/USD remains under selling pressure, extending its decline as the U.S. dollar strengthens across the board. Friday’s robust NFP data has fueled expectations of a hawkish Federal Reserve stance, putting downward pressure on the pair."*
#### **Technical Analysis**
*"Today’s sell bias is supported by bearish signals:
- **Trend Structure**: Lower highs and lower lows confirm the downtrend.
- **EMA Dynamics**: Price remains firmly below the 20 and 50 EMAs, indicating sustained bearish momentum.
- **RSI**: Falling below 40, highlighting increased selling pressure.
- **MACD**: Negative histogram bars are widening, showing growing bearish momentum.
Key Levels:
- **Support**: 1.0500 (psychological level), 1.0470 (next target).
- **Resistance**: 1.0530 (intraday), 1.0555 (key level). A move above 1.0555 would shift the sentiment."*
#### **News Context**
*"Upcoming: U.S. ISM Services PMI and Eurozone Sentix Investor Confidence later today could provide fresh catalysts.
Previous: Friday’s NFP report showed strong job growth, reinforcing Fed rate hike expectations and supporting the dollar."*
#### **Call to Action**
*"Will EUR/USD continue its descent, or is a reversal on the horizon? Share your thoughts and trade setups below!"*
---
Let me know if there are any additional details or adjustments you’d like!
AXISBANK Probable BreakoutStock Name: Axis Bank
CMP: ₹1160.50
Technical Analysis:
Axis Bank is currently displaying strong bullish momentum. The stock has achieved a breakout, with the previous close decisively above the trendline, confirming a significant bullish setup. This move is supported by high trading volumes, indicating strong participation from buyers.
Moreover the stock is in a strong buying position at the long tested support.
Technical AnalysisTechnical 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.
Option Database TradingWhen you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
Lecher for Option TraderEven if you are a beginner, options trading can be a good call. However, make sure you have an online broker to help you and a margin account ready. When your options trading is approved, the orders can be entered to trade these options.
For instance, consider buying a call option for 100 shares of Company X at a strike price of Rs. 110, with an expiry on December 1. If, on December 1, Company X shares trade above Rs. 110, you can exercise the option, buying shares at a lower price to profit from the market price.
Professional option TradingWhen you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock.
Trading options offers a number of benefits for an active trader: Options can offer high returns and do so over a short period, allowing you to multiply your money quickly if your wager is right. With options, it can cost less to get the same exposure to a stock's price movement than it does to buy the stock directly.
Cup and handle bullish pattern on HDFC BANK | Go longWith MSCI rebalancing and strock retest of all time high 1836 plus bank nifty looking strong. Breakouts probabilities are very high and the stock can be picked for a swing trade of at least 5% with extended targets reaching 2000 (10%) with a time frame of 3 months.
Fireball Finance : SQL Breakout - Targeting $350!This weekly chart of SOL/USDT highlights a potential trading setup:
Support Zone: The green zone around $113.74 has shown strong buying interest, acting as a base for the current uptrend.
Fair Value Gap (FVG): A key area around $190-$200, marked in yellow, could serve as a liquidity zone for a possible retracement before resuming the upward move.
Resistance Zone: The red zone near $266 could act as the next significant hurdle. A clean break above this level could confirm bullish momentum.
Target: If the bullish scenario plays out, we may see SOL rally towards the target of $350, as marked in yellow.
Plan:
Watch for price action near the FVG zone. A strong bullish reaction here may offer a good entry point.
Monitor the breakout above the resistance at $266. A confirmed close above this level strengthens the case for reaching the $350 target.
Use appropriate risk management. A stop-loss below the FVG zone or support near $113.74 can help manage downside risk.
This idea is based on the current market structure and should be updated as price action evolves.
Note:
This content is for educational purposes only and is not investment advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
Eid Parry - Breaking 5 Months Consolidation Phase
It has diversified business including sugar which have demand because of ethanol .And Other include nutraceuticals and bio-pesticides.
We have seen massive rise in OPM in recent quarterly results.
FIIs as well as DIIs haven't reduce their holding in September quarter.
Technical Setup :- Trying to break its 5 Month consolidation phase if closing above 880 Levels.
- RSI being at 57.37 suggesting positive momentum.
Disclaimer: The information provided in this analysis is for educational and informational purposes only and should not be considered as financial advice. I am not a SEBI-registered analyst or financial advisor. The views expressed here are my own and are based on my understanding and interpretation of the market. Please conduct your own research or consult with a qualified financial advisor before making any investment decisions. Investing in the stock market involves risks, and past performance is not indicative of future results.
Strong bearish trend:Sterling and Wilson Renewable Energy LtdSterling and Wilson Renewable Energy Ltd has been in a strong downtrend for a long time.
It is consolidating near the strong support zone of 482 levels
20 EMA (Black line) is trading below 50 EMA (Orange line) which in turn trading below 100 EMA (Blue line) confirming the bearish trend.
Recently it has bagged a solar project order of Rs. 504 Cr from a private firm in Rajasthan.
The 482 levels has been firmly held for more than 10 sessions.
Technically, the downside risk is limited.
RSI is also showing some strength
The next resistance levels are 535, 616, 66, 795
TradingHow do I start trading knowledge?
Here's how to do it:
Consulting A Stock Exchange Broker. ...
Read Financial Research And Articles. ...
Read Books On The Share Market. ...
Attending Lectures, Classes, Seminars. ...
Monitor The Market And Analyze It. ...
Studying The Ways Of Other Successful Investors. ...
Identify And Analyze Your Risks. ...
Reduce Costs.
Risky investments and short-term trading are often likened to gambling. But there is a difference between taking a calculated risk and simply rolling the dice. The appeal of high-risk, speculative investments is obvious. You have the chance of large, even life-changing potential returns.
Database TradingWhen you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock.
Trading options offers a number of benefits for an active trader: Options can offer high returns and do so over a short period, allowing you to multiply your money quickly if your wager is right. With options, it can cost less to get the same exposure to a stock's price movement than it does to buy the stock directly.
Trading indicators Trading indicators are mathematical formulas that give you a way to plot information on a price chart. This information can be used to identify possible signals, trends, and shifts in momentum. In simple terms, trading indicators can highlight when something might be happening.
Learn how to understand the concept of a stock trading indicator, how it affects your trading results and how to use to your benefit during day trading!
Volume Weighted Average Price (VWAP) ...
Bollinger Bands Trading Indicator. ...
Moving Average Convergence Divergence (MACD) ...
Fibonacci Trading Indicator. ...
Pivot Points.
Advanced PCR (Put call Ratio) The Put Call Ratio (PCR) is a tool in the stock market to understand how investors feel about a stock or the market's future. It compares the number of put options to call options traded. More puts traded mean investors expect prices to fall (bearish). More calls traded mean investors expect prices to rise (bullish).
High PCR (> 1) - This indicates more put options are being traded than call options, suggesting a bearish sentiment, and traders expect the market to go down. Low PCR (< 1) - This indicates more call options are being traded than put options, suggesting a bullish sentiment, and traders expect the market to go up.