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DOGE where will go this week :D We have entered the week of December 23-31. Last week, we could not find critical thresholds, unfortunately important supports were broken and reached the 0.26220 channel support. This week, I will watch the range of 0.32622 - 0.26952 and 0.3272 - 0.36526. The Wt_Cross indicator is still negative on the Daily and Weekly unfortunately. The indicator is upward on 4H, so I am hopeful in the above ranges this week.
On the liquidation map, I see 243M shorts as the majority, and 206M longs in the 0.272 range. The possibility of upward direction on the weekly gives hope in this map. There is a new moon on December 30 and the major and minor channels intersect on the 28th, we may be coming to the end of the declines.
Indusind Bank Ltd view for Intraday 23rd Dec #INDUSINDBK
Indusind Bank Ltd view for Intraday 23rd Dec #INDUSINDBK
Resistance 940 Watching above 942 for upside movement...
Support area 914-915 Below 930 ignoring upside momentum for intraday
Support 914-915 Watching below 913 or downside movement...
Resistance area 940
Above 925 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Fortis Healthcare Ltd view for Intraday 23rd Dec #FORTIS
Fortis Healthcare Ltd view for Intraday 23rd Dec #FORTIS
Resistance 685 Watching above 686 for upside movement...
Support area 685 Below 677 ignoring upside momentum for intraday
Support 670 Watching below 669 or downside movement...
Resistance area 685
Above 677 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
MTAR Technologies Ltd view for Intraday 23rd Dec #MTARTECH
MTAR Technologies Ltd view for Intraday 23rd Dec #MTARTECH
Resistance 1740 Watching above 1744 for upside movement...
Support area 1700 Below 1720 ignoring upside momentum for intraday
Support 1700 Watching below 1695 or downside movement...
Resistance area 1740
Above 1720 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
General Insurance Corporation of India view for Intraday 23rd De
General Insurance Corporation of India view for Intraday 23rd Dec #GICRE
Resistance 508-510 Watching above 512 for upside movement...
Support area 490 Below 505 ignoring upside momentum for intraday
Support 490 Watching below 489 or downside movement...
Resistance area 508-510
Above 505 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Brainbees Solutions Ltd view for Intraday 23rd Dec #FIRSTCRY
Brainbees Solutions Ltd view for Intraday 23rd Dec #FIRSTCRY
Resistance 645-650 Watching above 651 for upside movement...
Support area 628-630 Below 640 ignoring upside momentum for intraday
Support 628-630 Watching below 627 or downside movement...
Resistance area 645-650
Above 635-640 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
BULLISH BUTTERFLYTATA TECHNOLOGIES, is forming a “bullish butterfly” pattern with PRZ1@867.55, PRZ2@850.15 and PRZ3@871.20
First pattern got failed as terminal bar doesn’t show any reversal sign and it also formed as resistance for terminal bar + 1 candle.
Hence new reversal zone for pattern is calculated.
Nifty 500 Filled the GAP. Will it reverse from here?After forming a C&H ( luring bulls) nifty broke down from the handle and filled a gap at 22262 area.
- Taking support exactly at 200 DMA.
-Trading below 50 DMA.
-Breakdown and close below 22262( 200DMA support and Gap Support) can bring it all the way down to 21694 which will be the last hope for bulls.
What are your thoughts? Can we expect more downside or a reversal? Is this just December profit bookings and shakeouts?
Consolidation Breakout with a Pullback . Watch for Reversal!📊 Stock: KFin Technologies Ltd.
📅 Timeframe: Daily Chart
🚀 Consolidation Breakout with a Pullback
The stock recently broke out of a consolidation box and is now experiencing a pullback. A potential bullish reversal could be on the cards!
🔑 Key Levels to Watch:
1️⃣ Resistance Zone: ₹1,450-1,500 (Key hurdle to clear)
2️⃣ Support Zone: ₹1,300-1,350, 1200 (Demand zone from the breakout box)
3️⃣ Potential Targets:
🎯 Short-Term: ₹1,600
🎯 Medium-Term: ₹1,750+
🌟 Why This Pullback is Interesting:
✅ Volume Insights: The breakout was accompanied by strong volume, reflecting buyer interest.
✅ Trend Continuation: The stock is above the 50-day (green) and 200-day (yellow) moving averages, affirming a strong uptrend.
✅ Healthy Pullback: Retesting the breakout zone signals a potential base for long-term growth.
🛡️ Risk-Reward:
A reversal near ₹1,350-1200 offers a low-risk entry with significant upside potential. Watch for volume spikes as confirmation.
📝 Trading Plan:
🔹 Wait for Reversal: ₹1,350-1300-1200. Wait for a confirmation before entering. Or add in parts in these levels.
🔹 Stop-Loss (SL): ₹1,150 (strict)
🔹 Targets:
Short-Term: ₹1,600
Medium-Term: ₹1,750+
Exercise extreme caution trading these markets. There is a high chance of long setups failing. New traders trade light or stay on the sidelines and watch. Please protect your capital at any cost.
📌 Tip:
Pullbacks to breakout zones often offer excellent risk-reward setups. Look for bullish reversal candles to confirm the bounce.
Emmbi Inds cmp 162.55 by Monthly Chart viewEmmbi Inds cmp 162.55 by Monthly Chart view
- Price Band 131 to 141 Support Zone
- Price sustained well above Falling Resistance Trendline
- Price in attempts to stay above 2nd Falling Resistance Trendline
- Breakout done after Multiple Bullish Rounding Bottoms with neckline at Support Zone
Gold Trend - M-T downtrend is yet to complete ?The downtrend in gold prices continued last week after turning back from the previous week's high of 2726.The decline accelerated after the Fed's interest rate meeting on Wednesday, failing to support at 2630(1) and falling back to a near three-month low near 2585.Then on Friday, US inflation data came down slightly, causing gold to bounce back above 2600 to close the week at 2622 (down $25 from the previous week).
As mentioned 2 weeks ago, there will be significant profit taking above 2700 while the year came close to the end. After the Fed's meeting, the market fundamentals began to change again. Fed Chairman Powell indicated that the number of interest rate cuts will be reduced in 2025, from the previously expected 4 times to 2 times; next year's relatively high inflation and high-interest rate environment will bring support to the US dollar while keeping gold prices under pressure. The new U.S. President's tariff policy will be the dominate factor to lead the gold price next year.
1-Hour Chart (Above) > Gold price rebounded after hitting 2583 late last week, forming a S-T bottom. Expect the rebound top near 2650. The market should be relatively quiet this week, take 2580-2650 as the trading range for now until the market develop further this week.
Daily Chart (Above) > Gold was rejected by 2700 twice on the daily chart, forming a double top pattern (3). Short selling should control the market as it cleared the support by the double top neckline (3.1) last week. After the current S-T rebound, the downtrend should resume and expected the price to return to around 2540-50 in the next 2 weeks. M-T operating range would be 2535-2730(4).
P.To
Bitcoin 93900-92500 support area,98000,100500 upside Target Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas went up after Trump statement,302 break then sell Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Copper we are holding buy trade from 797 upside will continueDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit