TATA POWER | 14% TARGET | BULLISH SWING TRADETATA POWER | 14% TARGET | BULLISH SWING TRADE
This technical analysis is for educational purpose
Multiple Time Frame Analysis
USDJPY SHORT TERM TRENDUSDJPY Forming short term(30 M) long side,blue line represents side long trend.
NIFTY is ready for fall now..?AS we can see NIFTY finally reached its final psychological level which we had been discussing about since last few weeks about the pending space that needs to be filled. NIFTY has finally filled that space and hence any flat to weak opening can show good downfall. Now as long as NIFTY remains below 19500 levels its a great opportunity to sell on rise so plan your trades accordingly
ADA TECHNICAL ANALYSIS BINANCE:ADAUSDT.P LONG⬆️
1.) Sell side liquidity grabbed succesfully
2.)RSI crossing over MA , showing buying strengh🔼
3.)on bigger time frame ADA is fully in bullish mode.
R:R= 1 : 2.5
Quite enough point to long🚀
Swing Trade - AUBANKThe 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
BTC ANALYSIS 🔴BTCUSDT next target 29500 and below that
1.) formed triple top🔼
2.) RSI showing good strength in downtrend.
3.) 29500 is now a weak low which failed to break above 31500.
Oh hail yeah Today's volatility day also...Stay away from any trades👀
FOMC meeting event.
GENUSPOWER - POSSIBLE UP MOVENSE:GENUSPOWER @ 84.65 CMP , Broke out Long term top trend line and coming out of cup & Handle pattern. TGTs and SL are in the Chart
Educational purpose.
ADAUSDT.P👀 BINANCE:ADAUSDT.P
1.)ADAUSDT built sellside liquidity which eventually will be grabbed for pushing more higher upwards.
2.) M15 internal Orderflow shifted bearish.
3.) RSI showing weakness.broke below MA.
Well it can be wrong as well it might push high first then come down..
anything can happen, let's see👀
NIFTY is yet to reach 19500 levels As we can see despite being weak to sideways the entire day, we saw a slight recovery in the closing hours which shows bulls still are actively participating and not letting to fall. Further now we can expect NIFTY to carry on its up move followed by a strong opening towards 19500 which is also a psychological level which could act as a RESISTANCE and a better place to short.
NIFTY heading towards important resistance nowAs we can see despite nifty showing weakness in the first half! It showed strong recovery showing a potential more of up move can be witnessed which could be short lived. following the global cues as of now we can expect nifty to open strong around 19440_480 levels which should be a good place to short being a psychological level of 19500 is very eminent hence any signs of rejection around the given level could be a good opportunity to short so plan your trades accordingly
SWING TRADE - APOLLOTYREThe 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.
NIFTY's next stop 19500..?As we can see NIFTY had been unidirectional ever since it broke its ALL TIME HIGH. we can see more of up move coming up as space can be seen. Next eminent resistance can be seen around 19500 which is its next psychological level which could potentially act as a resistance hence till there we can see more of up move coming up
Where is NIFTY heading next..?As we can see NIFTY did show a strong trendline breakout after testing it multiple times, now it can be seen trading at a trendline resistance around 19200, if nifty opens strong we can expect more of up move coming up till 19500 which is also a psychological level which might potentially act as a RESISTANCE and finally fall so keep watching and plan your trades accordingly
BANKNIFTY will remain bullish above 44500As we can see that after much of consolidation BANKNIFTY finally broke out of the range towards its new ALL TIME HIGH which we had been analysing for quite some time now hence we might see more of new highs coming up in both of index before finally hitting a psychological level and getting rejected from there so keep watching everyone
ADA LONG🚀ADA LONG
Order flow shifted bullish on M15 , fliped the supply to demand.
Let's look for long from flip zone🚀
Good luck 👀
BANKNIFTY may remain in this range for sometime now..As we can see both NIFTY and BANKNIFTY has reached its all time high now as we analysed in previous analysis and hence despite the strong opening BANKNIFTY maintained itself and took itself for its new high! despite the recent new high we can see it closed below 44500 which is also a psychological level which can potentially act as a RESISTANCE now hence till 44500 is protected we can see BANKNIFTY retracing from here now
a long after longafter lomg time a very good long is visible, it seems good rr trade will take if hourly closing happens above resistance else will leave the trade.
Tata Steel Swing1) Weekly Timeframe is bullish
2) Daily Timeframe is also bullish
3) 4HR is in bullish structure
4) Metal Index is also bullish
JK Paper close to demand zoneJK Paper, after facing selling, comes to its demand zone on a weekly time frame. Apart from this in the daily time frame, you can also spot bullish divergence on RSI.
BANKNIFTY at make or break level now..As we can see a strong recovery has been seen in bothy index despite being sideways in the first half. we expected a downfall below 43400 but it painted itself above 43500 throughout the day showing strength giving no signs of weakness. Now we can see BANKNIFTY trading at make or break level as this range of 44000-44200 had been acting as a strong resistance before and hence if BANKNIFTY opens flat then we might expect BANKNIFTY to get rejected at this level before finally heading towards its all time high.
if BANKNIFTY opens strong, a better entry would be if it takes support at our given levels and any signs of rejection at given levels should be a good buy so plan your trades accordingly
