Harmonic Patterns
NIFTY Intraday Trade Setup For 7 Nov 2024NIFTY Intraday Trade Setup For 7 Nov 2024
Bullish-Above 24550
Invalid-Below 24500
T- 24800 25050
Bearish-Below 24280
Invalid-Above 24330
T- 24020
NIFTY has closed on a bold bullish note with 1.12% gain today. It has almost touched 23700 zone, made a low of 23816.15 on 4 Nov. So our swing sell target was met. It has closed above PDH so bearish sentiment is void now chance of a halt or bullish reversal is on cards. 24550 and 24280 are intra levels for tomorrow.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 24550 then we will long for the target of 24800 and 25050.
For selling we need a 15 Min candle close below 24280. T- 24022.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Gold is under pressure on Intra dayGold price is still in range ,The US Dollar Index gains ground as early exit polls increase volatility and seems like that the rise in DXY adding pressure on gold , Gold price is hovering over to Gann -90° Level (2737) from the beginning of the week.
In higher side the weekly Pivot (2750) is acting as resistance and under this level price can make a move in down side.
In down side we have to watch price action at Gann -120° Level (2720) , weekly Pivot 2710 and 2700 for possible buy opportunities (On confirmation on Higher time frame).
For Intra day selling seems to be good as of now.
INTL CONVEYORS by KRS Charts8th Oct 2024 / 10:02 AM
Why INTL CONVEYORS ❓
1. Fundamentals are Good despite having Low Stock Price and P/E Ratio is under 10. ⚡
2. Accumulations are visible at bottom side multiple times ❗
3. Golden Zone is satisfying on 1W TF and Now retesting Price on Resistance as well as on Golden Zone 🔅
4. In Feb 2024, Big Green Candle with Strong Volume justified as a Buyers Trap ✅
5.Also, for more Bullish Support, +OB with FVG is also visible as we can see in Chart. 📊
6. Today in 1D Price is at 100 EMA underneath 📌
Target for INTLCONV will be ~124 Rs Short Term and Further will be Revealed Later 👍
ready for targets NUVAMA WEALTHPromoter,DII and FII owns 55.68, 1.43 and 6.72 shares of Nuvama Wealth Mgmt as on 30 Sep 2024
Promoter holding have gone down from 55.68 (30 Jun 2024) to 55.18 (30 Sep 2024)
Domestic Institutional Investors holding has gone up from 1.43 (30 Jun 2024) to 1.52 (30 Sep 2024)
Foreign Institutional Investors holding has gone up from 6.72 (30 Jun 2024) to 13.87 (30 Sep 2024)
Other investor holding have gone down from 36.17 (30 Jun 2024) to 29.43 (30 Sep 2024)
uptrend stock SUPREME INDUSTRIESSupreme Ind., incorporated in 1942 is a Large Cap company (with a market cap of Rs. 55413.57) operating in Plastics sector.
The Return of Equity (ROE) in last five financial years given by Supreme Ind. stock was 20.93%, 19.65%, 25.19%, 30.86% and 20.67% respectively.
The Supreme Ind. share gave a 3 year return of 83.66% as compared to Nifty 50 which gave a return of 35.14%.
Supreme Ind. announced 500.0% final dividend on October 30, 2024.
Key Metrics:
PE Ratio of Supreme Ind. is 49.07
Prices/Sales Ratio of Supreme Ind. is 5.3
Price/Book Ratio of Supreme Ind. is 10.48
#Banknifty directions and levels for November 6th."Structurally, we won’t expect more than a 38% correction, so once the market finds support there, we can expect further continuation of the rally with some consolidation. You can apply this same sentiment even if the market consolidates in today’s range. If that happens, the market may go up further. On the other hand, if it breaks the 38% Fibonacci level on the downside, we can consider that the target for the range market should be 50% and 78% on the downside."
#Nifty directions and levels for November 6th."Structurally, we won’t expect more than a 38% correction, so once the market finds support there, we can expect further continuation of the rally with some consolidation. You can apply this same sentiment even if the market consolidates in today’s range. If that happens, the market may go up further. On the other hand, if it breaks the 38% Fibonacci level on the downside, we can consider that the target for the range market should be 50% and 78% on the downside."
2024-2025 crypto BULL RUN about to happen :)CRYPTOCAP:BTC | AMEX:USD 1W TF update
hey y'all fam!! we've made it, Bitcoin is sitting above the bull flag and a small crash is goin to be huge opportunity to get in. The giant is ready to roar for next 3 months.
Bull run 2024-2025 is on the way!!
November 2024 to January 2025.
SAHYADRI INDS by KRS Charts17th Sept 2024 / 3:11 PM
Why SAHYADRI ❓
1. First of all, it has Decent Fundamentals not in an expensive stock at CMP. 👍
2. Complete Range Bound and currently near its bottom support and strongly reacting with Bullish Engulf in 1D and Morning Star in 1W.
3. It's a Swing trade so Risk/Reward will be preferable with SL of 333 Rs in 1D Closing TF.
Target will be Resistance zone once it breaks it, I'll revealed further Targets.
XAUUSD MULTI TIME FRAME ANALYSISHello 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 price action 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.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Bank Nifty Simple Analysis!!Looking at the trend Bank Nifty is making continious lower lows from the start of the month & has been halted near 51000 to 51300 sideways from last 4 days. Looks like a move can come if the it breaks range of 51000 or 51300.
Also BN moving downside below daily trend line still hovering at support 51000. if breaks with restest a bearish move is expected.
Support : 51100 , 50400
Resistance : 51300, 51600
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
NMDC by KRS Charts 24th September 2024 / 10:30 AM
Why NMDC ❓
1. Today Gap-up and Strong Green candle with Good Volume and with Higher Low.
2. In 1M, it's a retest for Accumulation on resistance it broke before.
3. Conclusion in series for Easy Understanding,
⚡ First Accumulations > Breakout > Retest > HL > Today's Breakout ⚡
Targets are in the Charts many more Upside but after current Targets achieved 👍
SL is 190 Rs.