C A N A R A B A N K CANBNK Fut made flag n pole pattern on an hourly charts with decent OI addition suggesting long build up & its about to break out of formation.
Could be bought with mentioned stoploss & target.
Longsetup
U N B E L I E V A B L E --- T A R G E TBHARTI fut is on verge of breaking out of SQUEEZED descending triangle on an hourly charts with decent OI.
Unbelievable R:R, nothing to lose in terms of rewards.
Could be bought with mentioned stoploss & target.
Astral ready to rock n rollInside candle bar trade + Triangle breakout + Weekly Bullish candle
Small trade:
Entry: 1968.80
Target: 2073.40
SL: 1948.50
(Time: 1-2 Week)
Big target: 1968.80
Target: 2290
SL: 1808.50
(1 month)
View for educational purposes
FOMC: driving force to help Gold prices increase!GOLDEN INFORMATION: In Wednesday's Asian trading session, the price of gold (XAU/USD) experienced a slight decrease and moved away from its two-week high of around $2,048-$2,049 reached the previous day. This decline is attributed to investors adjusting their expectations regarding the pace and extent of interest rate cuts by the Federal Reserve due to strong economic data from the United States.
As a result, the US Dollar (USD) remains strong, reaching its highest level since December 13 earlier this week, putting pressure on the value of gold. However, the recent decline in US Treasury bond yields may hinder strong betting on the USD by investors. This, along with concerns about geopolitical risks arising from tensions in the Middle East, could continue to support the demand for gold as a safe haven asset.
Investors may also choose to be cautious and wait for the highly anticipated monetary policy meeting of the Federal Open Market Committee (FOMC) before taking any significant actions related to gold, which currently lacks yield.
Personal opinion: The price chart according to technical analysis is supporting the Uptrend, the H1 frame is trading above the stable EMA, economic experts at today's FOMC meeting also support keeping or reducing interest rates and support gold's rise.
Bata - Positional SetupThe stock has been going down in recent sessions. Now indicating a possible reversal by forming a double bottom and increased volumes.
The most important factor in this setup is the exit, if does not go in the desired direction. One should strictly follow the predetermined risk.
If goes well, then the risk-reward ratio is quite good according to the projected targets.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Discount 50% | Good chance to buy | Short BiasOn day chart
World Coin is in negative channel
I think BINANCE:WLDUSDT can down to $2 because this level is the confluence zone of Golden Ratio and Horizontal Support
Wait for rejection around this level to join
As i mention earlier As i mention ealier I said to execute the trade after the candle close above teh lv 2008.075 and it happened so We executed teh tarde and boom as i said earlier analysis It will reach 2012 zone for sure and that happened guy follow to understand the trading zone you can see i have one thing common the zones you will learn them eventually if you follow me
Bullish Inverted Head & Shoulder breakoutA Bullish Breakout of Inverted Head and Shoulder pattern is visible on the Daily chart of NSE:SUPRIYA
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
DEEPAK NITRATE looks good for long-term investmentThis stock has demonstrated a highly bullish trend in the past. However, in recent years, it underwent a correction phase. The current reversal from this downtrend suggests that the stock is poised for its next bullish movement.
INDIA CEMENTSHi, in this chart i Got a Good Demand Level in INDIA CEMENTS, please Observe this levels and Analysis your own... Don't Take any orders Based on this Chart because this is just Observation purpose only.
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Plan Long in Bharti AirtelBharti Airtel consolidating since a long time in 1D and 1H time frame. It has consolidated near the trendline and near the previous close.
Take long position once it breaks the trendline take SL and Target as shown in the chart.
C O L P A LColpal Fut broke above descending triangle pattern on an hourly chart with decrease in OI suggesting short-covering.
Risk:Reward - 1:2
Not to b missed breakout.
Could be bought with mentioned stoploss & target.
T A T A C H E M - F U T U R E STATACHEM Futs is on the verge of breaking out of Flag Pattern on 15 min chart with aggressive decrease in OI suggesting strong short-covering.
Risk:Reward very much in favour of bulls.
Could be bought with mentioned stoploss & target.
muthootfinMuthootfin fut is taking support @ 1348, which is lower end of the range.
Without panicking one should buy muthoot here with stoploss below 1348.
buy & hold till upper end of the range.
BITCOIN ANALYSIS : UPTREND DONE OR REVERSAL ? DISCLAMIER : THIS IS FOR EDUCATIONAL PURPOSE ONLY, NOT A FINANCIAL INVESTMENT ADVICE, TRADE AT YOUR OWN RISK.
Bitcoin is going strong continuing an uptrend and has hit the weekly zone now with 1D chart's RSI being overbought but it doesn't necessarily means that a true reversal is coming. If we look at this chart then we can see that there has been a BOS and if price makes a corrective pullback with low volumes filling the FVG then you can take you can go long in Bitcoin.
Trend Line is supporting for Recovery Time | Long BiasPrevious Post
Cardano is recovering to $1.18
On day chart
After rejected Fair Value Gap, ADA's bounced back and now it's trading around $0.54
On 4H TF
A breakout is appeared and now ADA is pulling back to middle line or lower line of Ascending Channel
Just wait for decline to join with low risk or safety choice what I marked on the chart
Time will tell
ABCAPITAL - Range breakout ABCAPITAL - Breakout in Daily timeframe with volume build-up. The company has been doing very well fundamentally and has very good upside potential.
2 Big Bullish Breakout patterns on Daily and Weekly Chart Two big Bullish Breakout of Flag and Pole pattern and On Neck Pattern is visible on the Daily chart of NSE:IPL
MACD gave Positive crossover on Daily and Weekly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
Long bet on NATURAL GAS?Natural Gas is currently trading in a support zone of 170.
It is a long term support zone and CMP is 172.
Long position can be taken at CMP and more can be added around 168-166 levels with Stoploss below 162.
Targets can be 192 & 210.
I'm expecting the gap to be filled which was created some days ago because of panic selling & news flow.
I've created long position in futures. This is my analysis and not buy/sell recommendation.
Correction Phase | Long BiasDay chart
I figured out Golden Ratio Zone in range 0.33 - 0.41 and this zone is supported by Fibo Channel so that make a confluence around here to support for the main trend
Besides, I see the support around 0.49 but I think this support isn't strong
Time will tell
Re-entering the Rally: Jubilant Food - Channel Support Strategy!📈 Trade Update: Jubilant Food 🍕
Previously, we successfully rode a rally in Jubilant Food, executing a trade based on the channel support and resistance. Refer to the chart attached on my profile for details.
🔄 Trade Logic:
Re-entering as the stock revisits the channel support. Here are the details:
- Buying Price: Around 531
- Stoploss: Below 515
- Targets: 580+ (around channel high), with a potential trail if a breakout occurs.
Trade wisely and stay tuned for updates! 🚀💼 #StockTrading #JubilantFood
Descending Triangle Pattern in ICICIPRULI - Time to go Long?SYMBOL : ICICI PRU LIFE
Currently trading at long term support zone of 500-510.
A descending triangle pattern in making.
Breakout of this pattern will lead to 545-562 & 580.
Long position can be taken at CMP 514-515 with SL of 500.
Ashok Leyland: Bullish Momentum SignalsAshok Leyland, based on the analysis using the Stock Navigator by FnOGyan Indicator, presents a compelling long signal on the daily time frame. The indicator suggests a positive outlook, supported by strong volume building up. The stock has demonstrated resilience by repeatedly finding support near the trendline support area, indicating a robust underlying trend.
Chart patterns, such as the rectangle or flag pole, further contribute to the bullish sentiment. The formation of these patterns often implies a potential continuation of the current uptrend.
Investors are advised to keep a close eye on the stock as it approaches the all-time high resistance level. Sustaining above this resistance could trigger a more significant rally, offering potential opportunities for traders. However, it's essential to monitor the market closely and consider other factors before making any investment decisions.
