Community ideas
Is #GODREJIND a good setup? Let me know views on the Comment.Here is the chart of #GODREJIND.
Thought the base structure doesn't looks good, here are some of the features:
Formed a Flag-Pole Pattern
Is above 200 SMA
Good Spurt in Volume
Consolidating and forming a TIGHT FLAG
Be cautious, the Market Stance is WEAK and no Long should be initiated. Keep it on the watch list and let's see how it performs.
Let me know your views on the comment box.
Navin Fluorine International LtdNavin Fluorine International Ltd is primarily engaged in producing refrigeration gases, inorganic fluorides, specialty organofluorines and offers contract research and manufacturing services.
NFIL is one of the largest specialty fluorochemical companies and a pioneer in manufacturing of refrigerant gases in India. NFIL’s product portfolio comprises 60+ fluorinated compounds, with them finding application in various industries, like agrochemicals, pharmaceuticals, aluminium smelting, refrigeration, metal processing, abrasives, glass and ceramics. The company is currently headed by second-generation entrepreneur Vishad Mafatlal, who has over 25 years’ experience in textile and chemical sectors.
Right now Indian Market is not supporting any long position at this moment, but the Navin Fluorine International Ltd. chat looks very attractive. NEAR SUPPORT LEVEL (3500) However I am sharing with you all. I hope you will like this publication. Thanks for watching & visiting again.
GraphiteAnalysis of the Chart for Graphite India Ltd (NSE)
Key Observations:
Elliott Wave Count:
The chart follows an Elliott Wave pattern.
It shows a Wave 1 and Wave 2 completion and a potential Wave 3 initiation.
The projection suggests a strong upward movement for Wave 3, followed by corrective Wave 4 and final Wave 5.
Support and Resistance Levels:
Support Zones: Around ₹254.55 and ₹330.00.
Resistance Levels: Fibonacci projections indicate key resistance near ₹427.00, ₹1,127.00, and ₹1,394.25.
Trendline & Fibonacci Levels:
The price has tested the trendline multiple times, acting as strong support.
Fibonacci retracement levels at 0.618 (₹427.00) and 0.786 (₹151.60) indicate key reaction points.
RSI (Relative Strength Index):
Current RSI = 29.87, which is in the oversold zone (<30). This suggests that the stock might be undervalued and could be due for a bounce-back.
Suggestions:
Bullish Outlook:
If price holds above ₹330 and confirms a reversal, it may trigger Wave 3 rally.
First upside target is around ₹427, followed by ₹1,127 (historical resistance) and potential ₹1,394 (Fibonacci 1.618 level).
Entry could be considered near ₹330 with a stop-loss around ₹254 for risk management.
Bearish Scenario:
If ₹330 support fails, then ₹254 becomes the last major support.
Below ₹254, a bearish breakdown can occur.
Conclusion:
Short-term traders can look for a bounce from ₹330 with a stop-loss at ₹254.
Long-term investors can consider adding positions on dips, aiming for ₹1,127–₹1,394 over the next few years.
Confirmation via volume and breakout above ₹427 is recommended before taking aggressive long positions.
Hindustan Unilever (HUL) | Counter-Trend Bullish & Bearish TrendCurrent Market Price (CMP): ₹2,176.85
Major Trend: Bearish As on 03.03.2025
🔴 The overall trend remains negative, but we have identified key levels for both a counter-trend bullish move and trend continuation.
Bearish Trend Continuation Setup
Short Position Setup (Continuing the Downtrend)
Entry Zone: ₹2,199 - ₹2,245 (Bearish FVG Resistance)
Confirmation Entry: ₹2,336 - ₹2,420 (Stronger Resistance)
Target 1: ₹2,128 (Bullish FVG Support)
Target 2: ₹2,051 (Deeper Support)
Breakdown Target: ₹1,982 - ₹1,961 (Major Support)
Stop Loss: Above ₹2,420 (Invalidation of Bearish Structure
Rationale:
Bearish FVG Resistance Zones indicate potential supply zones where sellers might step in.
The trend remains down, and failure at resistance could lead to further downside moves.
Bullish Counter-Trend Setup
Long Position Setup (Reversal Play)
Entry Zone: ₹2,128 - ₹2,088 (Bullish FVG Support)
Confirmation Entry: ₹2,051 (Stronger Support)
Target 1: ₹2,199 - ₹2,245 (Bearish FVG Resistance)
Target 2: ₹2,336 (Key Resistance Level)
Invalidation: Below ₹1,961 (Breakdown Below Major Support)
Rationale:
Bullish FVG Zones act as demand areas, where buyers may step in.
If price bounces from these levels, a short-term reversal move is possible towards resistance.
Technical Summary
Major Trend: ❌ BearishBullish FVG Support: 🟢 ₹2,128 - ₹2,051
Bearish FVG Resistance: 🔴 ₹2,199 - ₹2,420
Key Invalidation Level: ⚠ ₹1,961 (Breakdown Level)
Gold/USD_Short_15 MinIn a 15-minute timeframe, the Order Block was mitigated, triggering a trend reversal to the downside. On a lower timeframe (LTF), after the Change of Character (CHoCH), the entry was executed at the LTF Order Block area. The Take Profit (TP) was set at the next liquidity zone, while the Stop Loss (SL) was placed above the Order Block for optimal risk management.
NIFTY-1Mnifty monthly weekly daily analysis
nifty-1m
-dogi type wait for confirmation
-rsi above 80 now 73
-buyers are not active in daily basis
nifty-1w
-trade below last 2 week closing
-make bearish engulfing candle
-rsi going below 60
nifty-1d
-inverted head & shoulder pattern
- nifty can not support in rsi 40 level,7 time it supported nr 40 rsi level.
-trade below last day closing
#short
this is education purpose only
Gold Trend 03/03 - Major resistance @ 2880Gold prices finally retreated from their highs last week. At the opening of the market last Monday, gold prices tested the resistance zone of 2950-55 twice, but failed to break through. In the absence of buying support at the high, a downward correction began. On Tuesday, a worse-than-expected consumer confidence index from the US failed to bring new upward momentum to the market, and gold prices turned around, and fell below the support trendline(1) that we mentioned last week. A new round of short-selling orders was triggered, sending prices toward the bottom of the range near 2880.
Before Trump met with Zelensky on Friday, the market continued to hope for a truce between Russia and Ukraine, and the U.S. dollar index rebounded from its lows, sending gold prices to a near one-month low of around 2,835 in the U.S. market on Friday. However, the not-so-happy meeting between Trump and Zelensky before the close of the market caused gold prices to rebound before the weekend. The week ended near 2865.
While risk sentiment may push gold prices higher this week as it continues to be driven by Trump's policies, it continues to expect a weaker market reaction to the news. Of course, we should pay attention to Friday's US employment data this week, and the market expects the outcome to be flat for the time being, and it is believed that gold prices will not change significantly until near the end of the week.
1-hour chart(above) > The rally has been in a sideways state since the first test of the high of 2942 in early February, and it was recommended to deploy short selling at the high two weeks ago. On the 1-hour chart, after falling below 2880 (2) last Thursday, the trend has been dominated by the bear. The downtrend trendline(3) can be used as a reference, to see if the the downtrend will accelerate. In the S-T, as long as the price stays below the key resistance at 2880 (4), the downtrend will continue. However, it is still critical to pay attention to the development of the geopolitical and tariff situation this week, and the breaking news will be an important factor in the failure of the technical trend.
Daily Chart(above) > Stemming from the uptrend at the end of 2024, gold prices have been moving upwards along the 10 days MA(6). The uptrend has officially been over as it finally went below the 10-day MA, and it is beginning to turn around. Before the close of trading on Friday, gold prices were still supported by buying below 2855 (5), and after a short-term rebound, they could grasp 2880 or short-sell along the 5 day MA. Until the bottoming rally signal appears, the target on the daily chart can be set around 2790.
P.To
NZDCAD SELL ZONE 🔴 NZDCAD SELL TRADE ALERT! 🔴
📉 Shorting NZDCAD based on strong supply zone rejection and bearish momentum! 🚀
🔥 Trade Breakdown:
✅ Price hit a key resistance level 📊
✅ Bearish confirmation on higher timeframes 📉
✅ High probability setup with solid risk-to-reward ratio 🎯
🎯 Expecting a strong move downward—let’s ride the trend! 💰
SET50 Index Futures - Mar 2025, 1H Heikin Ashi### 🔍 **Analysis (SET50 Index Futures - Mar 2025, 1H Heikin Ashi)**
**Indicators used:**
- **BB 104 0.1** (Main trend confirmation)
- **BB 20 (1, close)** (Short-term support & resistance)
#### **1. Strong Downtrend Confirmation**
- **BB 104 0.1 (Lower) is above the price** → Confirms a strong downtrend
- The **slope of BB 104 0.1 is steep downward**, indicating strong bearish momentum
- Price remains consistently **below the Middle Band (MB) of BB 20 0.2**
#### **2. Channel LB12 (Short-Term Downtrend Zone)**
- Price is mostly moving **within LB1 - LB2**, confirming short-term weakness
- Still making **lower lows continuously**
#### **3. Position Sizing & Strategy**
- **For Short Entries:**
✅ Wait for a pullback near **Upper Band 1 (UB1) or MB** to enter a short position
✅ Use **BB 104 0.1 as Stop Loss**
✅ Scale in based on BB 20 and BB 104 zones
- **For Long Entries:**
🚫 Not an ideal time for long positions since the main trend is bearish
🚫 Wait for the price to **break above LB1** with **DMI confirming an uptrend**
### 📌 **Trading Plan**
- **Short Setup:**
✅ Wait for a pullback near **MB or UB1** to enter Short
✅ Use **BB 104 0.1 as Stop Loss**
- **Long Setup:**
🚫 Wait for a **clear breakout above LB1** and confirmation of trend reversal
🔹 **Conclusion:**
The market is still in a strong **downtrend**. The best strategy is to focus on **Short opportunities** 🚀.
Banknifty Intraday Analysis for 03rd March 2025NSE:BANKNIFTY
Index closed near 48345 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
49000 Strike – 10.20 Lakh
50000 Strike – 9.16 Lakh 48500 Strike – 4.37 Lakh
Put Writing
48000 Strike – 8.35 Lakh
49000 Strike – 7.79 Lakh
47000 Strike – 7.04 Lakh
Index has resistance near 48900 – 49000 range and if index crosses and sustains above this level then may reach near 49500 – 49600 range.
Index has immediate support near 47800 - 47700 range and if this support is broken then index may tank near 47100 - 47000 range.
Volatility expected due to non resolution of Russia Ukraine war and imposition of import tariff by US on Canada Mexico and China with effect from 4th March 2025.
Finnifty Intraday Analysis for 03rd March 2025NSE:CNXFINANCE
Index closed near 23030 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
23000 Strike – 0.62 Lakh
23200 Strike – 0.47 Lakh
23500 Strike – 0.25 Lakh
Put Writing
23000 Strike – 0.78 Lakh
23200 Strike – 0.36 Lakh
23100 Strike – 0.30 Lakh
Index has resistance near 23125 - 23150 range and if index crosses and sustains above this level then may reach near 23250 - 23300 range.
Index has immediate support near 22850 – 22800 range and if this support is broken then index may tank near 22700 – 22650 range.
Volatility expected due to non resolution of Russia Ukraine war and imposition of import tariff by US on Canada Mexico and China with effect from 4th March 2025.
Midnifty Intraday Analysis for 03rd March 2025NSE:NIFTY_MID_SELECT
Index closed near 10770 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
11000 Strike – 3.46 Lakh
10800 Strike – 2.45 Lakh
10900 Strike – 1.29 Lakh
Put Writing
10500 Strike – 4.35 Lakh
11000 Strike – 4.34 Lakh
10800 Strike – 4.22 Lakh
Index has immediate resistance near 10850 – 10900 range and if index crosses and sustains above this level then may reach 10975 – 11025 range.
Index has immediate support near 10650 – 10600 range and if this support is broken then index may tank near 10500 – 10450 range.
Volatility expected due to non resolution of Russia Ukraine war and imposition of import tariff by US on Canada Mexico and China with effect from 4th March 2025.
Gold rebounds under pressure
Gold experienced technical pressure last Friday and continued to fluctuate downward during the Asian, European and American sessions. It eventually accelerated its decline to around 2832 during the US session and then rebounded and closed. After the opening of this week, gold rebounded to 2876 and then fell again to 2865 and fluctuated. The upper short-term pressure is at 2876-80. It is recommended to enter short orders when the rebound touches this area.
Today's gold operation strategy:
Short order strategy:
Entry point: Short when gold rebounds to 2876-2880.
Stop loss: Set at 2892.
Target: Look down to 2830-35, if it breaks, continue to hold.
Long order strategy:
Entry point: If gold falls back to around 2825-30, consider entering long orders.
Stop loss: Set at 2815.
Target: Look up to 2860-70.
Key points:
Short-term resistance: 2876-2880.
Short-term support: 2825-2830.
Bull-bear watershed: 2890.
Operation suggestions:
High-short-low-long: short near 2876-2880, long near 2825-30, maintain range operation.
Be cautious in chasing orders: It is recommended to watch more and do less in the middle position, and wait patiently for key points to enter the market.
Risk warning:
The gold market fluctuates greatly. When operating, you need to strictly control your position and stop loss to avoid excessive chasing orders.
Pay attention to changes in market news, especially the impact of factors such as the Federal Reserve's policy and geopolitics on gold prices.
XAUUSD/GOLD WEEKLY PROJECTION 03.03.25A primary reason for gold price falls is a strong US dollar, as gold has an inverse relationship with the dollar, meaning when the dollar strengthens, gold prices tend to decrease; other factors include rising interest rates, which can make alternative investments more attractive to investors, leading to decreased demand for gold, and a stable economic environment that reduces the need for gold as a safe haven asset
XAUUSD WEEKLY SELL PROJECTION 03.03.25Bearish Signals:
Bearish Engulfing at the Top: This pattern often signals a potential reversal.
Evening Star Formation: A strong bearish reversal pattern.
Bearish Spinning Top: Indicates indecision but leans toward bearish sentiment.
Support & Resistance Levels:
Immediate Resistance: Around 2,885 - 2,904.
Immediate Support: Around 2,857.
Target Price 1: Approximately 2,840.
Target Price 2: Around 2,784 - 2,783 (Major Support).
Trend Analysis:
Broken Uptrend Line: A possible retest of the broken trendline before further downside.
Rising Wedge Pattern: This is typically a bearish continuation pattern, confirming downside potential.
Trade Setup:
Possible Short Position: Entry near 2,885 - 2,900, stop loss at 2,922.
Target Levels: First at 2,840, second at 2,784.
EUR/USD: Downtrend Remains Dominant – Target 1.03068?EUR/USD continues to maintain its downtrend as the price remains within a well-defined descending channel. Currently, it is testing the key resistance level at 1.04266, which aligns with the confluence of the 34 & 89 EMA, forming a strong barrier. If the price fails to break through this zone, it is likely to reverse and extend its decline.
The overall trend remains bearish, with a potential target at 1.03068. Sellers may capitalize on a retracement toward 1.04266 for short entries, placing stop-loss above 1.04426 to manage risk effectively. A breakout above the descending channel would require further confirmation before signaling a trend reversal.
Beyond technical factors, the Eurozone CPI report on March 3 will be a crucial event that could influence EUR/USD’s direction. If CPI data comes in higher than expected, the euro might find support. Conversely, weaker-than-expected inflation could reinforce the bearish trend.
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in MEDICAMEQ
BUY TODAY SELL TOMORROW for 5%