APOLLOTYREAt good support levels. Reverting multiple times here. Let's see if it reverses and reaches the demand zone. SL your own!
Community ideas
EUR/USD Long Long & LongSuccessful price recovery and reversal at fibo 0.5
The trend test is completed and the price continues to increase according to D1 + H4
Kinross Gold (KGC) Approaching Key Resistance!Kinross Gold Corporation (NYSE: KGC) is showing strong momentum, with today's close at $10.79, up by 4.66%.
Key Resistance Level: $10.84 – Price has tested this level multiple times but has yet to break above it. A breakout could signal a bullish continuation.
Support Zone: $9.05 – This serves as a critical base where the price previously bounced.
Technical Indicators:
Moving averages are trending upwards, indicating improving bullish sentiment.
Increasing volume on recent green candles adds confidence to the breakout potential.
What to Watch:
A daily close above $10.84 with higher-than-average volume could trigger a bullish breakout.
Rejection at $10.84 may lead to a pullback, providing buying opportunities near $10.
Disclaimer: This is not financial advice. Always conduct your own research before trading.
Sensex - Why this extra downward movement today?Even though the markets are in oversold territory for a long time, they are not hesitating to fall further day by day. Some call it persistent FII selling, some blame it on our domestic corporate results. Here is what appears to me the right reason for the wrong in Indian markets.
Check it out in the video.
sbi card head and shoulder breakoutsbi card , was holding its ground in the falling market
i have discussed the chart pattern in the video itsel
Planning your pension plan?-IDFC FIRSTEntry nearest to yellow line. This company can go beyond HDFC in long run. You may buy and keep it for retirement or children.
USDJPY Outlook from now to tomorrow 3PM ISTUSDJPY last hour bearish pattern completed now overnight consolidation from CMP and again it will raise to current level from lows ....buy points when price Crossing up MA BLUE LINE and TGT pivots R1 OR R2 tomorrow
TradingView Idea: Intuitive Surgical, Inc. (ISRG) - Bullish MomeAnalysis:
Intuitive Surgical, Inc. (ISRG) is showing strong bullish momentum on the daily chart. The stock has recently broken through key resistance levels and is currently trading near its daily high of $597.68. The price action suggests a continuation of the upward trend, supported by increasing volume and positive market sentiment.
Key Levels:
Support: $583.24 (Recent Low)
Resistance: $597.68 (Recent High)
Next Target: $600.00 (Psychological Level)
Trading Strategy:
Entry Point: Consider entering a long position near the support level of
583.24
Stop Loss: Place a stop loss just below the recent low at $580.00 to manage risk.
Take Profit: Aim for the next psychological resistance level at $600.00, with potential to extend gains if the momentum continues.
Conclusion:
Intuitive Surgical, Inc. (ISRG) is in a strong uptrend with potential for further gains. Traders should look for opportunities to enter long positions on pullbacks or breakouts, while managing risk with appropriate stop-loss orders.
Disclaimer: This is not financial advice. Please conduct your own research and consult with a financial advisor before making any trading decisions.
HINDUNILVR can DUMP on Earnings tomorrowAttached: Daily Chart as of 21st Jan 2025
Hidden Bearish RSI Divergence
MACD in Sell and below Zero line
Earnings tomorrow for HUL, if we go by Zomato Earnings which showed Slowdown and Weak Demand for Consumption then Earnings for HUL should also be similar
Price can Crash to Target 2200 and below levels
Bandhan Bank - What's about this stock?Bandhan Bank stock has shown resilience in the past 1 week of trading. The stock is not in news recently. So why is the stock moving. Does F&O ban has something to do with it?
Progyny, Inc. (PGNY) – Trend Reversal in Progress Timeframe: 1D Analysis:
Progyny, Inc. is showing signs of a potential trend reversal after forming a strong base at $13.52 and breaking key resistance levels.
Key observations:
Support and Resistance:
The stock has established strong support at $13.52 and intermediate support at $18.14.
The next resistance levels are at $25.37, $31.56, and $39.06.
Moving Averages:
PGNY is trading above the 20-day EMA (blue) and 50-day SMA (red), indicating bullish momentum.
A golden cross (20 EMA crossing above 50 SMA) has occurred, further strengthening the bullish outlook.
Volume:
Increasing volume supports the upward movement, showing active buyer participation.
Formation:
The stock has broken out from a consolidation phase, potentially leading to higher price levels.
Trade Plan:
Entry:
Enter near $21.00-$21.50 for confirmation of continued upside.
Consider a retest of $20.00 for a better risk-reward entry.
Stop Loss:
Below $18.00, just under recent support.
Targets:
Target 1: $25.37
Target 2: $31.56
Target 3: $39.06
Risk-Reward:
Aim for a 1:3 risk-to-reward ratio for a conservative approach.
Bullish Bias:
Progyny, Inc. is gaining bullish traction with strong price action and supportive technical indicators. Monitor volume and broader market conditions for confirmation of the uptrend.
ON Holding AG (ONON) – Breakout Watch
Here’s a detailed TradingView idea description for this chart:
ON Holding AG (ONON) – Breakout Watch
Timeframe: 1D (Daily Chart)
Analysis:
ONON is displaying a strong breakout setup after consolidating in a well-defined range between $53.40 (support) and $60.12 (resistance) for several weeks.
Key observations:
Price Action:
The stock is attempting to break out of the consolidation range, trading near the upper resistance zone at $58.82.
A strong bullish candle with increasing volume indicates potential breakout momentum.
Moving Averages:
The stock is trading above the 20-day EMA (blue) and 50-day SMA (red), confirming an uptrend.
Both moving averages are sloping upward, supporting bullish sentiment.
Volume:
The breakout is accompanied by rising volume, signaling strong buyer interest.
Targets:
If the breakout sustains above $60.12, the next resistance zones could be around $64 and $68.
A failed breakout could pull the stock back to retest $53.40.
Trade Plan:
Entry:
Breakout Confirmation: Enter above $60.50 with strong volume.
Retest Entry: If price pulls back to $57.50-$58.00 on low volume, it may offer a better risk-reward entry.
Stop Loss:
Below $56.50, just under recent consolidation lows.
Targets:
Target 1: $64.00
Target 2: $68.00
Risk-Reward:
Maintain at least a 1:2 risk-to-reward ratio.
Bullish Bias:
ONON is showing strong momentum and a potential for a breakout to higher levels. Keep an eye on volume and overall market conditions to confirm the move.
Banknifty Intraday Analysis for 21st January 2025NSE:BANKNIFTY
Index closed near 49350 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
50000 Strike – 16.83 Lakh
49500 Strike – 10.86 Lakh
50500 Strike – 10.43 Lakh
Put Writing
48000 Strike – 14.50 Lakh
49000 Strike – 14.48 Lakh
48500 Strike – 9.69 Lakh
Index has resistance near 50000 – 50100 range and if index crosses and sustains above this level then may reach near 50600 – 50700 range.
Index has immediate support near 48700 - 48600 range and if this support is broken then index may tank near 48000 - 47900 range.
High volatility expected due uncertainty on what will say in his first presidential speech and which executive order President Trump will sign after assuming the Oval office.
Finnifty Intraday Analysis for 21st January 2025NSE:CNXFINANCE
Index closed near 22925 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
23000 Strike – 1.51 Lakh
23500 Strike –1.49 Lakh
23400 Strike – 0.60 Lakh
Put Writing
22500 Strike – 1.27 Lakh
23000 Strike – 0.89 Lakh
22800 Strike – 0.77 Lakh
Index has resistance near 23250 - 23300 range and if index crosses and sustains above this level then may reach near 23500 - 23550 range.
Index has immediate support near 22700 – 22650 range and if this support is broken then index may tank near 22500 – 22450 range.
High volatility expected due uncertainty on what will say in his first presidential speech and which executive order President Trump will sign after assuming the Oval office.
a breakout after consolidationa long term consolidation and multiple indicator breakout, good fundamentals and good order book for the upcoming quarter. a good stock for short-term to long term.
Midnifty Intraday Analysis for 21st January 2025NSE:NIFTY_MID_SELECT
Index closed near 12355 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12500 Strike – 6.66 Lakh
12400 Strike – 4.26 Lakh
12300 Strike – 3.25 Lakh
Put Writing
12000 Strike – 9.16 Lakh
12100 Strike – 3.65 Lakh
12500 Strike – 3.67 Lakh
Index has immediate resistance near 12500 – 12550 range and if index crosses and sustains above this level then may reach 12650 – 12700 range.
Index has immediate support near 12150 – 12100 range and if this support is broken then index may tank near 11950 – 11900 range.
High volatility expected due uncertainty on what will say in his first presidential speech and which executive order President Trump will sign after assuming the Oval office.
USD/JPY Rebounds as JPY Weakens Amid Market OptimismThe Japanese Yen (JPY) weakened after reaching a one-month high against the US Dollar and remained steady during the first European trading session on Tuesday. A general positive sentiment in the stock markets turned out to be the main factor weakening the safe-haven JPY. This, along with a modest recovery of the US Dollar (USD) from its two-week lows, helped the USD/JPY pair rise back above the 155.00 level.
However, any significant depreciation of JPY seems to be limited due to growing bets that the Bank of Japan (BoJ) will raise interest rates later this week. Furthermore, comments from US President Donald Trump on tariffs have sparked concerns about a trade war, along with declining US Treasury yields, which may help limit the losses for JPY. Traders may also choose to wait for the important two-day BoJ meeting starting on Thursday.
NESTLE India- Long Term Investment IdeaNESTLE India is nearing a crucial support levels.
Strategy used : Support Resistance levels and Trendlines
Asian Paints at a crucial support levels
2100-2130 level.
CMP: 2188
Current support levels 2100-2130 are broken and will act as resistance.
Investment idea:
50% - When crossing 2230
if 2100 levels are tested and rebounds, invest 50 % of the funds
Key points:
Q3 results are expected on 31st Jan 2025.
Support resistances - refer above.
This idea will be for long term and will be updated regularly
Note: Not a SEBI registered analyst. Plan and trade as per your analysis
