Ascending Parallel channel in JSW NSE:JINDALSAW An ascending parallel channel has been formed in weekly & daily channels out of which a current daily bullish candle confirms the reversal of the falling stocks
A confirmed buying can be when it crosses the parallel channel at 310 or risk-takers can accumulate at current levels.
Another bullish signal is the crossing of the EMA 200
Moving Averages
After the adjustment is completed, the recovery process begins.Market analysis for XAUUSD trading on November 18, 2024:
Last week's trading session saw a significant correction in gold prices. However, by the end of last week, selling pressure weakened and buying interest re-emerged. It is highly likely that gold prices will begin to recover this week.
Today's trading trend: BUY.
Key price levels to watch:
BUY zone: 2535 - 3540, 2551 - 2556, and 2525 - 2530.
SELL zone: 2595 - 2600 and 2615 - 2620.
Recommended orders:
Plan 1: BUY XAUUSD zone 2556 - 2558
SL 2653
TP 2561 - 2670 - 2580 - 2600.
Plan 2: BUY XAUUSD zone 2539 - 2541
SL 2536
TP 2544 - 2550 - 2560 - 2580 - 2600.
Plan 3: SELL XAUUSD zone 2595 - 2597
SL 2600
TP 2592 - 2580 - 2570 - 2560.
BANKNIFTY Corrected 4000 points Weekly chart ANALYSISHello Everyone,
as posted charts on 29th september,
Banknifty Rejection Candle from Channel Resistance line, RSI negative Divergence, Price is more than 3000/4000 point away from EMA 20& 50____After every trending move Price is reverse to its EMA line___Positional Sideways to small correction can expected.
now its corrected 4000 points and near to 50EMA but till looking weak if going to test 100EMA then 3 things going to happened 1st 100EMA test second 61% retracement done and breakout trendline retest possibilities as ahead of elections and USDINR is trading at its lowest of 84.40
indicate more volatality in near future. 49300, 48650,47500 is possible and important levels to watch
GOLD Retracement faling can continueHello everyone,
MCX GOLD After registering lifetime high of 79775 fallen by more than 5% now trading at 75200 daily 200EMA still 5000 points away and if going to make 61% retracement then another 4000-6000 points fall can expect with supported volume for selling its overall bearish view.
#CNX500 Testing Key Support Levels!📉 Market Update: #CNX500 Testing Key Support Levels! 📉
The #CNX500 index has recently touched its support line once again. When stocks or indices frequently test support, it typically weakens that level, increasing the likelihood of a further breakdown. In recent sessions, the index has also shown a breakdown candle below this support level, signaling potential for further downside. 🔻
With the broader Indian market in a bearish phase, it’s advisable to stay cautious when initiating new trades until we see a clear trend reversal. If the current support breaks, the index may find its next support near the 200-day moving average, around the 21,900-22,000 range. 📉
📢 Disclaimer: This analysis is for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions. 💼
#StockMarket #CNX500 #TechnicalAnalysis #SupportLevel #BearishMarket #InvestSmart
NIFTY Bearish Trend EMA50 Testing Weekly corrected 2400 points Posted Chart on 29th september that Nifty Near to Channel Resistance with RSI overbought and small negative Divergence, Price is 2000/4000 point away from EMA 20/50__after every trending move price is reverse to its ema line(MEAN reversion)+ also if making of flag then sideways to small correction can expect_____
Now after Retest Of EMA20 on weekly Nifty Still facing selling Pressure from higher levels now previous swing low is broken EMA50 is nearby 23300 and channel support at nearby 22700.
'
USDINR at lifetime high @84.40 overall negative momentum.
ERIS Breaking RangeSL Day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
#XAUUSD/Deep adjustment rhythm. Expecting the milestone of 2600.Market analysis for XAUUSD trading on November 11, 2024:
After President Donald Trump's re-election, gold prices have cooled down. The moves and policies that Trump implements could have a significant impact on gold prices. There is a very high likelihood that this adjustment phase will continue.
Today's trading trend: SELL.
Key price levels to pay attention to:
SELL zone: 2695 - 2700, 2710 - 2715, and 2730 - 2735.
BUY zone: 2662 - 2667, 2650 - 2655, and 2635 - 2640.
Recommended orders:
Plan 1: SELL XAUUSD zone 2698 - 2700
SL 2703
TP 2695 - 2685 - 2675 - 2650.
Plan 2: SELL XAUUSD zone 2713 - 2715
SL 2718
TP 2710 - 2700 - 2680 - 2650.
Plan 3: BUY XAUUSD zone 2636 - 2638
SL 2633
TP 2641 - 2650 - 2660 - 2680.
#GLENMARK Setting Up for a Pre-Breakout!💊 Stock Alert: #GLENMARK Setting Up for a Pre-Breakout! 💊
📈 Ready for Another Run: After a previous breakout attempt was halted by market volatility, #GLENMARK is now showing renewed strength, rebounding off support as the pharma sector gains momentum. This time, the stock is forming a Darvas Box—a strong indicator of continued bullish momentum. With these signals aligning, #GLENMARK is set for another bullish run, making it a prime candidate for a swing trade. 🔥
💡 Don’t miss this chance to position early for a potential breakout in the pharma sector! 👀
Target: 1950-2000
Stop Loss: 1695
Trade Risk Free Exit (20-30%): 1830
R/R Ratio: 2-3
📢 Disclaimer: This post is for educational purposes only. Always do your own research before making any investment decisions. 💼
#StockMarket #PharmaStocks #DarvasBox #PreBreakout #SwingTrade #InvestSmart
#PCJEWELLER Offering a Re-Entry for Another Bull Run!💍 Stock Alert: #PCJEWELLER Offering a Re-Entry for Another Bull Run! 💍
📈 Rebound in Motion: #PCJEWELLER is showing renewed momentum, rebounding after finding support at the 50-day moving average. With jewelry stocks recently seeing a massive bull run—even as the broader market struggles with volatility—this is an ideal re-entry for those looking to catch the next bullish wave. The setup is strong, making it a top candidate for a swing trade. 🔥
💡 Don’t miss out on this chance to position early in the jewelry sector’s next upswing! 👀
Target: 180-200
Stop Loss: 150
Trade Risk Free Exit (20-30%): 170
R/R Ratio: 3-4
📢 Disclaimer: This post is for educational purposes only. Always do your own research before making any investment decisions. 💼
#StockMarket #JewelryStocks #PCJeweller #SwingTrade #PreBreakout #InvestSmart
#ADSL Gearing Up for Another Bull Run!🚀 Stock Alert: #ADSL Gearing Up for Another Bull Run! 🚀
📈 Golden Pre-Breakout Opportunity: This tech stock is showing strong momentum, even with the broader market facing volatility. #ADSL presents a pre-breakout entry, making it an ideal time to get in early! With #CNXIT indicating bullish momentum across IT stocks, #ADSL looks set to follow the uptrend. This is a prime opportunity to capture the potential bull run ahead of retail investors, positioning it as a strong candidate for a swing trade. 🔥
💡 Keep an eye on #ADSL for this early entry into a potential breakout! 👀
Target: 330-350
Stop Loss: 277
Trade Risk Free Exit (20-30%): 315
R/R Ratio: 3-4
📢 Disclaimer: This post is for educational purposes only. Always do your own research before making any investment decisions. 💼
#StockMarket #ITStocks #PreBreakout #TechStocks #SwingTrade #InvestSmart
#JSWSTEEL Primed for a Bull Run!🚀 Stock Alert: #JSWSTEEL Primed for a Bull Run! 🚀
📈 Golden Pre-Breakout Opportunity: Today’s session saw a solid candle with huge volume build-up, even as the overall market remains weak due to volatility. With Q2 earnings just out and looking strong, #JSWSTEEL presents a safer trade amid market fluctuations—just remember to keep a tight stop loss during these volatile conditions. This is a pre-breakout entry, making it a golden chance to get in early!
With #CNXMETAL showing momentum in metal stocks, #JSWSTEEL is positioned for a bullish trend. Now’s the best time to enter and capture the bull run ahead of retail traders, making it a solid candidate for a swing trade. 🔥
💡 Keep #JSWSTEEL on your radar for this potential breakout! 👀
Target: 1100-1200
Stop Loss: 953
Trade Risk Free Exit (20-30%): 1050
R/R Ratio: 2/3
📢 Disclaimer: This post is for educational purposes only. Always do your own research before making any investment decisions. 💼
#StockMarket #MetalStocks #Q2Earnings #PreBreakout #SwingTrade #InvestSmart
Channel breakout with strong bullish candle in JSW Steel(Hindi)NSE:JSWSTEEL A strong channel breakout with a big bullish candle has emerged in JSW Steel with strong volume support. 44 EMA is also about to cross the bullish candle reaffirming the bullish signal.
A SL of 945-947 with a target of ATH and above is recommended.
The rest of the video is explained in Hindi
TilakNagar Industries - Cup & Handle BreakoutTilakNagar Industries has given a breakout of Cup & Handle with good volumes. This is heading to 400+ as first target. Other factors:
1. Breakout of Cup & Handle and then retested but with lesser volumes shows strongness of stock.
2. RSI is good and moving towards above 60
3. MACD is becoming positive
4. One of the best Quarter results
5. Becoming a debt free company by March'25
6. New launches in next 18 months
7. Venturing into luxury segment as well.
Keep following @cleaneasycharts as we provide Right Stocks at Right Time at Right Price.
Cheers !!!
#XAUUSD/H4 The big wave in the U.S. presidential election.Market analysis for XAUUSD trading during the European and American sessions:
The price adjustment of gold is still ongoing; however, it has not yet broken through the sideways range of 2730 - 2750. If the price breaks below 2730, it will officially undergo a significant correction. The news regarding the Presidential and Congressional elections in the U.S. will have a strong impact on the market.
Today's trading trend: SELL.
Key price levels to note:
SELL zone: 2740 - 2745, 2750 - 2755, and 2760 - 2765.
BUY zone: 2715 - 2720, 2703 - 2708, and 2680 - 2685.
Recommended orders:
Plan 1: SELL XAUUSD zone 2743 - 2745
SL 2748
TP 2740 - 2730 - 2720 - 2685
Plan 2: SELL XAUUSD zone 2753 - 2755
SL 2758
TP 2750 - 2740 - 2730 - 2720.
Plan 3: BUY XAUUSD zone 2706 - 2708
SL 2703
TP 2711 - 2720 - 2725 - 2730.