Multiple Time Frame Analysis
Did BANKNIFTY turn bullish..?As we can see slowly and steadily BANKNIFTY can be seen moving in uptrend, also has broken the trendline but can be seen in consolidation and indecisiveness which shows the breakout is not strong enough or buyers are not confident enough to make market move upwards hence till the zone is broken either side, the trend cannot be identified so plan your trades accordingly.
#XAUUSD/H4 Crossing the peak area, accumulating or adjusting?Trading trend analysis for the week of September 2 - September 6, 2024:
As per our daily analysis, the gold price is currently moving within the sideways range of 2490 - 2530, and there are no signs of a breakout from this area yet. However, the new week will bring the "FED interest rate decision," which could be significant news that helps break this sideways range. My prediction is that September will be a very challenging month for trading due to the poor W and M candle patterns.
The trading trend for next week will be BUY.
Key price areas to note:
BUY zone: 2480 - 2485, 2490 - 2495, 2510 - 2515.
SELL zone: 2526 - 2531, 2537 - 2542, 2548 - 2553.
Recommended orders:
Plan 1: BUY XAUUSD zone 2490 - 2492
SL 2487
TP 2495 - 2500 - 2515 - 2537.
Plan 2: BUY XAUUSD zone 2483 - 2485
SL 2480
TP 2490 - 2500 - 2515 - 2537.
Plan 3: SELL XAUUSD zone 2539 - 2541
SL 2544
TP 2535 - 2525 - 2500 - 2465.
RADICO KHAITAN : A symmetrical channel Breakout💡 RADIKO KHAITAN has shown a symmetrical price channel breakout in a weekly time frame.
📈 It has given a very nice breakout that too with much more volume. It can rise till the target of symmetrical price channel range.🚀
🟢 Range : 1880 - 1900
🎯 Target : 2100 / 2300
🛑 Stop : 1600 (wcb)
⚠️ Disclaimer : It's not a buy/sell advice. It's a view purely for the educational purposes.
Lalagi In Super trend? Weekly wrap #Nifty50 31st Aug 24First Step of a successful trader is to build a Trade plan & review what he has done. (education purpose for all )
*Trend is UP
*Trade plan: Buy on Dip
*for Critical levels see the video
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade.
BANKNIFTY still in range, getting ready for fall..?As we can see BANKNIFTY had been volatile throughout the day which is expected in monthly expiry. We stil stand by our analysis as our bias has just turned negative as it broke below rising wedge pattern and in smaller time we can see more like a head and shoulders structure which also support our views hence till 51000 is level is respected, we can expect BANKNIFTY to remain bullish unless it breaches below turning it into very bearish so plan your trades accordingly.
JP225 SHOWING A GOOD BREAKOUT MOVE WITH 1:15 RISK REWARD JP225 SHOWING A GOOD BREAKOUT MOVE WITH 1:15 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BANKNIFTY will get weaker below 51000 levels…!As we can see BANKNIFTY had been trading in more like falling wedge pattern in smaller time frame which is bearish pattern and it has been broken down hence as long as BANKNIFTY manages itself above trendline, we may see BANKNIFTY being strong but if closes below 51000 level then it will not only break last swing but also will start trading below the trendline making it even weaker hence plan hour trades accordingly
EURUSD SHOWING A GOOD DOWN MOVE WITH 1:5 RISK REWARD PERFECT ONEEURUSD SHOWING A GOOD DOWN MOVE WITH 1:5 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BANKNIFTY filled the gap but managed to close above trendline..As we had seen though BANKNIFTY showed weakness, it managed to show V shaped recovery from bottom towards complete gap filling. Hence now as it has filled the gap, the previous swing till gap could act as a RESISTANCE but shows bullish as sustained above trendline hence we can expect a mixed volatile sessions in coming trading sessions so plan your trades accordingly.
BANKNIFTY closed below trendline!! Rejection coming ??As we can see BANKNIFTY did managed to show strong upmove after opening strong above the trendline resistance but ended up closing below the trendline with big wick above forming more like a bearish hammer showing signs of weakness. Hence as long as BANKNIFTY doesn’t sustains itself above the trendline, every rise can be sold so plan your trades accordingly.
GBPJPY SHOWING A GOOD UPWARD MOVE WITH 1:10 RISK XAUUSD SHOWING A UPWARD MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
DYNPRO, vcp above 400Dynpro can give a good move above 400, as this stock is forming a rounded bottom pattern in higher timeframe which is a good sign.
swing targets are 500, 550 with strict sl of 355 on daily close.
In case our sl got hunt, keep this stock on radar, it can again form a vcp pattern.
BANKNIFTY at MAKE or BREAK level !!As we can see BANKNIFTY has filled its much awaited gap and can be seen trading around trendline resistance. Now as long as BANKNIFTY trades below the trendline, every rise can be sold till it closes above the trendline for change in trendline for target being new ATH so plan your trades accordingly.
2500O OR 24600? Weekly Wrap #nifty 26th Aug 2025 #tradeplanFirst Step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
*Trend is UP
*Trade plan: Buy on Dip
*for Critical levels see the video
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade.
Petronet LNG - Bullish viewI have entered the marked level for swing trade.
Reasons for buying:
1. Breakout at 1 H time frame.
2. Stock is trading at all time high. These stocks generally perform good after breakout.
3. Breakout with volumes.
Please note that it's not a recommendation to buy. I have posted my analysis for educational purpose. Please do your own analysis before buying. I am not responsible for your profit or loss.
#XAUUSD/H1 Weekend trading trends. Opportunities and risks ?Forecast for 8/23/2024:
Gold is expected to continue its correction, with a high likelihood of further adjustment. Frame D has shown a reversal, presenting an opportunity for short selling and preparing for a strong rise after the completion of gold's momentum.
The trading trend for today is SELL.
Key price levels to watch:
SELL zones: 2497 - 2500 and 2508 - 2511. BUY zones: 2473 - 2476 and 2450 - 2454.
Recommended orders:
Plan 1: SELL XAUUSD zone 2497 - 2499
SL 2503
TP 2494 - 2485 - 2475 - 2450.
Plan 2: SELL XAUUSD zone 2509 - 2511
SL 2515
TP 2500 - 2490 - 2480 - 2450.
Plan 3: BUY XAUUSD zone 2473 - 2475
SL 2469
TP 2480 - 2490 - 2495.
BANKNIFTY is STRONGER than NIFTY As we can see BANKNIFTY is stronger than NIFTY because it has a gap to be filled which has already been filled by NIFTY hence we can expect more of bullishness in BANKNIFTY till the gap is filled till it gets rejected and continues it next trend so plan your trades accordingly.
Is it still possible to adjust to 2435 and 2450 beats per minuteAnalysis of the gold trend in the Europe - America session on August 22, 2024:
The analysis from yesterday was completely accurate as gold has confirmed the current peak at 2531. The deep correction trend continues, albeit slowly, due to political situations and investor sentiment. Today, there will be news affecting USD and GOLD, leading to the possibility of establishing new peaks before further adjustments.
The trading trend for today is SELL.
Key price areas to watch:
SELL zone: 2517 - 2523, 2525 - 2527, and 2538 - 2541.
BUY zone: 2500 - 2503 and 2494 - 2497.
Recommended orders:
Plan 1: SELL XAUUSD zone 2517 - 2519
SL 2523
TP 2514 - 2505 - 2495 - 2450.
Plan 2: SELL XAUUSD zone 2525 - 2527
SL 2531
TP 2520 - 2510 - 2500 - 2450.
Plan 3: BUY XAUUSD zone 2500 - 2502
SL 2496
TP 2507 - 2515 - 2520.
GAP is yet to filled in BANKNIFTY As we can see BANKNIFTY has shown signs of REVERSAL after a series of consolidation which could lead to potential unidirectional move followed by its break. Unless it’s broken down, we can’t expect a change of TREND, till then BANKNIFTY remains bullish till 46700 is protected and have we might see more of bullishness as the impending gap is yet to be filled so plan your trades accordingly.