One and half year waiting time about to finishKeep an eye on this stock because it can break its one and a half year resistance any time and if it does so and then retests it then there will be a great opportunity to fly into the sky.
Multiple Time Frame Analysis
The stock has changed its trend from down trend to UP trend The stock has changed its trend from down trend to UP trend and there is a lot of room left on it. with huge volume
The stock has changed its trend The stock has changed its trend from down trend to UP trend and there is a lot of room left on it. with hues volume
NIFTY remained sideways as expected! As we can see NIFTY managed to remain sideways to bullish as we analysed in our previous analysis! We also saw NIFTY taking support at trendline. Now watching the global cues we can expect NIFTY to open strong but it will be important to see if NIFTY manages to sustain itself with that strength as it could be influenced by RIL results so could remain volatile throughout the so plan your trades accordingly
GBPUSD Short [4H Swing]GBPUSD is Weekly Bullish, but over extended with a reptracement due. Daily and 4H show signs of bearish price action. Price broke through the previous Weekly Key Price Area and retraced back to form a potential Lower High to continue the bearish momentum.
Will this SUPPORT will NOW act as a RESISTANCE..?As we can see NIFTY finally showed unidirectional fall after resisting from our previous acting SUPPORT but managed to recover almost in V SHAPE. Since looking at chart it makes very evident that NIFTY should resist from here and continue its fall but market also does opposite of what’s most expected hence we can expect NIFTY can show temporary weakness but finally RECOVER breaking the RESISTANCE which acted as a SUPPORT previously and could be a SIDEWAYS to BULLISH day so plan your trades accordingly.
EURGBP Trade Idea UpdateLast EURGBP Trade idea worked in our favor. I managed to stack another position when it retraced, but I kept it simple for the idea and just updated the TP Level to 1:3.5. Price is currently floating at 1:2.8 Profit Levels. I'll exit 80% of my position at 1:3.5 TP Level.
EURGBP Short [Daily Swing]Short Setup Idea for EURGBP. All confluences are on the chart. Potential 1:2.5 RR
Another BIG FALL coming up..?As we can see NIFTY has shown strong bearish candle but managed to close above our given level but this level has been tested many times now making it very weak hence if NIFTY manages to open above 21450 and breaches our level we may see another 200-300 points unidirectional fall and agressive short positions can made with great R:R so plan your trades accordingly guys
TRAPPED!! Ready for panic ?As we can see despite the strong move BANKNIFTY couldn’t close above 48250 and remained sideways to weak throughout the day forming DOJI kinda candle in daily time frame showing indecision hence can be sought that it has taken the liquidity and ready to create a panic for buyers hence we can expect a weak opening creating panic before finally continuing its rally so plan your trades accordingly.
BANKNIFTY also looks ready to move!As we can see BANKNIFTY can be seen forming a flag-pole pattern which signifies a trend continuation pattern hence any closing above the flag and given level of 48250 could be a good buy for a new ATH so plan your trades accordingly
SWING TRADE - TVSMOTORThe following trading idea shared is for informational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any particular stock.
This is just a backtest for the indicator I started using.
22000 coming up..?As we can see NIFTY showed an unidirectional up move as analysed in our previous analysis that if we won’t be able to see a good move unless the trend line is broken but we did see a strong opening with proper sustainment which followed by a good up move. Now that NIFTY is trading at its ATH, we may see NIFTY continuing its uptrend till 22000 which is its psychological level and any signs of rejection around these levels could show a potential retracement so plan your trades accordingly
potential zone for short term selling in BOBshowing perfet uptrend and currently giving retracement , so it could be opportunity for short term selling movement for recent expiry . confirmation : there is a perfet break of agressive trend in lower time frame .
NIFTY not bullish unless it breaks and sustains aboveAs we can see despite the attempt to break the trend line, it failed and remained negative throughout the day as analysed in our previous post but we can now see that NIFTY has tested both its sides i.e SUPPORT and acting RESISTANCE which makes the trend line weak hence any closing above the given trend line could be a good BUY else we can see another sideways to negative market tomorrow so plan your trades accordingly.
Exact REVERSAL from our levels but still weak!As we can see NIFTY despite showing weakness in the first half, managed to REVERSE exactly from our given level as the gap acted as a great support but on the other hand made the support more weaker hence we cannot confirm NIFTY to be strong unless it breaks the trend line above and sustains else we may see NIFTY getting rejected at trend line and falling unidirectionallu breaking the support so plan your trades accordingly everyone.
NIFTY at MAKE OR BREAK LEVELWe did see a strong fall as we analysed in our previous analysis that if the last candle’s low is broken below we can see a strong fall and we did see that. Now if NIFTY manages to open flat and breaks last swing, we might see a continuation in rally and further downfall can be witnessed which can create a potential panic so plan your trades accordingly
XAUUSD Short [Intraday]
XAUUSD Potential Sell with an expected RR of 2.5
Confluences are on the chart, hold till comfortable.
HDFC Group Stock near breakout*POSITIONAL TRADE*
BUY HDFC AMC Between 3000-3300
SL 2650
Target 1: 4500
Target 2: 5150
Trade as per your risk rewards
Accumate in every deep
Stock may breakout any time so give
range to add one can enter at CMP.
After long downfall now successful upward trained startThis is the perfect example of a long downfall now upward trained start and successfully higher bottom keep making Until higher bottom Keep phone ride on the On the stock really other technicals also Positive shouting towards this trade change momentum built RSI strong quarterly revenue also support
Correction Phase nearly done | Long BiasOn week chart
SNX retested Key Level then bounced back
On day chart
SNX might be test $3.3 again before come back to Bullish Trend
Wait for next move
Coal India looking goodCoal India forming Cup and Handle pattern on Higher time frame. Target is huge.
