ANGELONE price action analysisANGELONE Chart analysis. It is coming near trendline support in weekly timeframe.
It is not a buy or sell, Just analysis to check where price might take support and then need to take action. It is in my Watchlist to follow and will enter when it is right time.
Note: Q3FY25 results are bit dull due to FnO regulation changes recently. Need to wait for Concall to know what's their guidance going further.
Community ideas
XAUSD [Gold] Short IdeaThe price failed to breach the 2665 supply level and reversed from the high, closing at 2638.
The OANDA:XAUUSD remains in a downtrend, indicating a range-bound trading pattern.
The price is expected to swing down to the 2615 to 2606 range before reversing back to 2665.
Consider going long near the demand zone highlighted in the chart.
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Average Directional Movement Index
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Anant Raj Ltd- Broke out of consolidation.📊 Stock: Anant Raj Ltd.
📅 Timeframe: Daily Chart
🚀 Breakout Alert!
Key Observations:
Breakout Zone:
The price has recently broken out of a consolidation range (highlighted in the green box).
The breakout appears clean with a strong bullish candle, indicating upward momentum.
Entry Point:
The suggested entry level is marked at ₹874.90 (highlighted with a dashed purple line above the breakout zone).
The stock currently trades near this level, suggesting the breakout is still actionable.
Stop-Loss (SL):
The stop-loss level is set at ₹693.25 (on a closing basis), below the consolidation range, providing a safety margin if the breakout fails. SL is Deep so position sizing is key.
Trend Indicators:
The 50-day moving average (green line) and the 200-day moving average (yellow line) are sloping upward, signalling a strong bullish trend.
Price remains significantly above both these levels, affirming bullish dominance.
Volume Analysis:
A visible spike in volume during the breakout suggests strong participation from market participants, adding reliability to the upward move.
Target Levels:
Though not explicitly marked, potential target levels could be extrapolated using Fibonacci extensions or prior resistance levels. The upward purple dashed lines may indicate rough target zones.
Analysis:
Risk-Reward Ratio:
Assuming a target at ₹950 or above, the risk-reward ratio appears favourable considering the SL is at ₹693.25.
Bullish Sentiment:
The clean breakout with high volume is a strong bullish signal.
The consolidation before the breakout adds strength to the move, as it represents accumulation.
Strategy Recommendation:
Entry: Enter above ₹874.90 if today's close sustains above this level.
Stop-Loss: ₹693.25 (strictly on a closing basis).
Targets:
Short-term: ₹950
Medium-term: ₹1,000 or more, depending on broader market conditions.
Monitor volume closely!
-A continuation of rising volume will add confidence to this breakout.
-Price pulling back with huge volume is a cause for concern.
And remember the market is bearish. So please position size and manage risk properly. Do not scale everything in one go. It is better to trade light. If you are new to the market it is better to sit in the sidelines and watch until we get a clarity.
Saga Near Support resistanceSaga is near support level after falling sharply and i am expecting to bounce back since it's near Support level.
it will be a short duration trade
Currently it's in channel and if it breaks and after pull back sustains the momentum then i can expect a target of 1.3440 ( If it sustanins)
i am also bearing in mind that previous trend is bearish so every opputunity of rise in price may actually be a selling oppurtunity...so have to be cautious
Above is soley for my own learning and my own notes....
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The 3 5 7 rule is a risk management strategy in trading that emphasizes limiting risk on each individual trade to 3% of the trading capital, keeping overall exposure to 5% across all trades, and ensuring that winning trades yield at least 7% more profit than losing trades
BANKNIFTY: Potential Selling Pressure AheadTopic Statement: BANKNIFTY may face selling pressure as the breakdown of the long-term trendline signals a downtrend towards retracement levels which will act as potential support zones.
Key Points:
1. The long-term trendline breakdown indicates a downtrend.
2. Retracement levels will be the targets during a correction.
3. Medium-term correction may occur up to the 38.2% retracement level with support around 40,000.
4. Long-term correction may occur up to the 50% retracement level with support around 35,000.
Stock Analysis: #ZOMATO – The Ride Seems to Have Ended (For Now)Hello, Traders! 👋
#ZOMATO is showing signs of weakness after facing rejection at its all-time high (ATH). Here’s the technical breakdown:
📉 Technical Overview:
🔹 The stock is trading below its long-term 150-day EMA, a bearish signal.
🔹 Critical moving averages are sloping downward, further confirming the negative trend.
🔹 Rejection at ATH suggests the bullish momentum has paused or reversed for the time being.
💡 My View:
I was holding this stock, but given the current setup, it seems the ride has ended for now. I’ll be watching for stabilization or signs of a reversal before reconsidering any position.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Shared for learning purposes only—please do your own research or consult a professional.
What’s your take on #ZOMATO? Let’s discuss!
#TradingView #StockAnalysis #MomentumTrading #ZOMATO
#SIEMENS: Bearish Setup for NowMy indicator recently gave a SELL signal on #SIEMENS. Here's what the chart indicates:
📉 Technical Overview:
🔹 Triple top pattern formed—a bearish signal.
🔹 Trading below all key moving averages, which are sloping downward.
🔹 Indicates a digestion phase after a strong run-up in the past.
📊 Fundamental Context:
🔹 Fundamentals remain strong, so a reversal wouldn’t be surprising.
💡 My Take:
For now, the chart signals weakness, and I’ll wait for a positive setup before considering any action.
⚠️ Disclaimer:
🔹 This analysis reflects my personal views and is for learning purposes only.
🔹 Not a recommendation to buy or sell—please do your own research or consult a professional.
Commodity Analysis: Silver – Potential Short-Term UpsideHello, Traders! 👋
Silver is shaping up for an interesting move:
📈 Technical Overview:
🔹 Higher low formed on the weekly chart, suggesting potential accumulation.
🔹 My ILTF indicator has already signaled a BUY, but the price remains sideways for now.
🔹 A breakout above 92,000 could trigger a short-term upmove toward the all-time high (ATH).
💡 Current Plan:
I’m not holding any position currently but closely watching for momentum on the daily chart. If a breakout occurs, I may consider initiating a pilot position to capture the move.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Shared purely for learning purposes—please conduct your own research or consult a professional before trading.
Keep an eye on Silver—things might get shiny soon! 💡