Bank nifty trades and targets - 30/1/25Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 100 points as we are getting very few trending moves. Its expiry so trade if levels are broke an there are clear signals of any trade. If we try to trade in between zones then our SL will be hit and capital will be wiped out. Preserve your capital on expiry is the most important thing to do. Look for hero zero trades after 2.00 P.m. and use 10% capital for this trade.
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SRF Update – Trading Near a 3-Year Range Watch for breakout📌 Cheat Entry: ₹2704
📌 Entry: ₹2864 (ATH Level)
📌 Stop Loss: ₹2259.8 (Closing Basis, -16.6%)
📌 Target 1: ₹3386 (+25%, R:R 1:1.5 from Cheat Entry)
📌 Positional Target: ₹3910 (+44.6%, R:R 1:2.7 from Cheat Entry)
💡 How to Trade:
1️⃣ Test Quantities: Add small quantities above the Cheat Entry (₹2704).
2️⃣ Full Entry: Add the rest above the ATH breakout level (₹2864).
3️⃣ Look for a clean breakout with a wide-range candle supported by strong volumes.
⚠️ Position Sizing Tip:
The market remains weak. Trade only 10% of your usual position size.
Example: If you usually buy 100 stocks, buy 3 above Cheat Entry and the rest above ₹2864 (ATH breakout).
✅ Why Trade This Setup:
🏷️ Stock has been in a range since Oct 2021 and is now trading below its ATH.
📈 Once the ATH is broken, no resistance remains, setting the stage for a potential Stage 2 breakout.
🚀 Stock gapped up on Jan 9, 2025, with volumes 7x-8x higher than previous sessions—a potential breakaway gap.
🔑 Trading above key DMAs, showing resilience in a falling market.
⚠️ Risks to Watch:
Nifty 50 & Overall Market: The structure remains Lower-High, Lower-Low (LL-LH). Any bounce could be just a natural pullback within this structure.
If Nifty or the broader market falls further, the probability of failure increases significantly.
Until Nifty & broader market close above 200 DMA & 50 DMA, and change the structure to HH-HL, the risks are amplified.
Probability: 2 out of 3 trades may fail in such conditions.
💡 Pro Tip: Trade small quantities unless you’re skilled at managing risk. Missing a rally is better than burning your capital.
📜 Disclaimer:
This analysis is shared for educational purposes only and does not constitute financial advice or a recommendation to buy or sell securities. Please consult with a certified financial advisor and consider your risk tolerance before making any trading or investment decisions.
🔍 Final Thoughts:
📊 This trade aligns with the potential for a major breakout, but it’s crucial to manage risk and position sizing carefully. Make decisions based on your risk appetite and always do your due diligence.
Nifty trades and targets for - 30/1/25Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves. Its expiry so trade if levels are broke an there are clear signals of any trade. If we try to trade in between zones then our SL will be hit and capital will be wiped out. Preserve your capital on expiry is the most important thing to do. Look for hero zero trades after 2.00 P.m. and use 10% capital for this trade.
GOLD CONSOLIDATES POST-FOMC – IS A BIG MOVE COMING?🌍 MARKET OVERVIEW
🔹 The FOMC has kept interest rates unchanged at 4.25% - 4.5%, aligning with market expectations. This signals a cautious stance from the Fed, as they require more economic data before making further policy adjustments.
🔹 The outlook for the USD remains optimistic, as policymakers are not hinting at early rate cuts. This could apply pressure on gold in the coming days.
🔹 Gold's price action has remained relatively stable post-FOMC, as the news was already priced in, and Asian liquidity remains low due to ongoing holiday celebrations.
💡 Key Market Insights:
Price is likely to stay in a tight range between 2765 - 2755 during the Asian and early European sessions.
If price breaks out of this range, follow the momentum for the next directional move.
📊 KEY PRICE LEVELS
🔴 Key Resistance Levels:
▫️ 2764 - 2771 - 2778 - 2784
🟢 Key Support Levels:
▫️ 2754 - 2749 - 2741 - 2733 - 2719
💡 TRADING STRATEGY
📌 BUY SCALP
🔹 Entry: 2742 - 2740
🔹 SL: 2736
🔹 TP: 2745 - 2749 - 2753 - 2757 - 2760
📌 BUY ZONE
🔹 Entry: 2733 - 2731
🔹 SL: 2727
🔹 TP: 2736 - 2739 - 2742 - 2745 - 2750 - 2755 - ????
📌 SELL SCALP
🔹 Entry: 2770 - 2772
🔹 SL: 2776
🔹 TP: 2766 - 2762 - 2758 - 2753 - 2750
📌 SELL ZONE
🔹 Entry: 2783 - 2785
🔹 SL: 2789
🔹 TP: 2780 - 2777 - 2774 - 2770 - 2765
⚠️ IMPORTANT NOTES
📌 Watch for breakout: If price breaks out of the 2765 - 2755 range, trade in the breakout direction to maximize profits.
📌 Low liquidity in the Asian session: Be cautious of potential price manipulations and fake moves due to thin liquidity post-holiday.
📌 Protect your capital: Always follow TP/SL rules to avoid unnecessary risks and market manipulation.
📢 DON’T MISS OUT!
👉 Follow KevinNguyen-SimpleTrade for expert market insights and high-probability trade setups! 🚀
👉 Which direction do you think gold will break? Drop a comment below and let’s discuss! 💬📈
Gold (XAUUSD) Long Setup – Breakout & Pivot SupportGold (XAUUSD) is showing a bullish setup on the 1-hour timeframe, respecting an ascending trendline and holding above the pivot point (P: 2748.773). The price recently tested S1 (2747.808) and rebounded, indicating strong support.
A breakout above R1 (2769.318) could trigger a rally towards R3 (2790.828) and R5 (2815.392). The stop-loss is placed below S2 (2735.527) to minimize downside risk.
This setup aligns with market structure and key pivot levels, supporting a long position with a favorable risk-to-reward ratio.
XAU#9: FED keeps interest rates unchanged. Information supportin💎 💎 💎 The previous plan helps you make a profit. Please like and follow the channel to follow the earliest trading plan 💎 💎 💎
🔥So Gold has returned to the support zone of 2745 and reacted strongly as the previous plan. Here's our next trading plan 🔥
1️⃣ **Fundamental analysis:**
📊 🔴Market speculation that US may impose import tariffs on gold
London gold market participants are racing to borrow central bank gold stored in London as gold deliveries to the US surge on speculation that the US may impose import tariffs
🚀 🔴Fed keeps rates unchanged, drops mention of inflation "progress" in policy statement
2️⃣ **Technical analysis:**
🔹 **D frame:** yesterday closed as a Hanging Man candle. However, the price action after this candle still needs market confirmation in today's trading session
🔹 **H4 frame:** The support zone of 2745 is playing an important role. The price is still in an upward structure.
🔹 **H1 frame:** The trendline zone that matches the support of 2745 is showing a strong reaction after the interest rate announcement. If the price can break through the resistance zone above, Gold will have enough momentum to break through the old peak
3️⃣ **Trading plan:**
⛔ In the current area, it will be risky if we take a SELL position here. Although it is also a resistance zone, H4 has a hugging candlestick pattern with an increasing structure. If H4 closes at 2752, we will consider this option later
✅If anyone has an order in the 2745 area, Congratulations!!! You can wait for a higher profit. If not, you can choose to react to test the trendline again on the H1 frame for confirmation. We will wait for a price structure on a small time frame like m15 to establish a position.
💪🚀 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer for you for free
#trading #trade #xauusd #newtrader #newbie #xau #forex #tradingview #plants #trader #tradingforex
Buying opportunity in PRESTIGE ESTATE LTDPRESTIGE ESTATE LTD is in Double Correction.
The maximum target for wave (Y) of double correction is 161.8% extension.
We can see that price is near 161.8% so here we can buy this stock with stoploss below 1185.
The target will be minimum 38.2% retracement of entire move i.e. 1528
This analysis is based on Elliott Wave theory and Fibonacci.
This analysis is for educational purpose only.
BTC ew updateBTC USD completed THE WXY PATTERN, and now forming a pattern with 5 wave upside on first leg, which opens up more than one opportunity, like ABC- zigzag, LD first wave 1-3 have formed under this, it can be LD as well, it can 1-1-1 ew combination as well, it will interesting to see what folds out.
Now the sturcture based on counts looks like DIANGONAL
1- LD- first wave complete,third is also complete, 1st wave is long, 3rd wave is less than 161,
4th is done and 5th is going,
Structurewise it fits in LD, it has not broken any trendlines.
Fib wise it also fits in this criteria and 5th wave is also reached 61.8 which complete another criteria.
3- 1-2,1-2,1-2 sequence of bullish pattern can also be possible, first sequence is done, 2nd is also done, 3rd impulse in underway.
structure looks ok
lines looks ok
fibs looks ok.
Lets see how it turnsout.
ascending triangle formation The chart from January 30, 2025, exemplifies the dynamic nature of financial markets. A 13.73% surge in price, supported by high trading volume, highlights the potential for substantial gains within a single trading session.
Bajaj finance showing strength & tentatively it can see nearby target as 10000.
Nifty Trading Strategy for 30th January 2025Nifty Trading Strategy
Buy Setup:
Wait for the price to move above 23230.
Buy above the high of the 15-minute candle that breaks above 23230.
Targets: 23270, 23325, 23370.
Stop Loss: Below the low of the triggering candle.
Sell Setup:
Wait for the price to move below 23050.
Sell below the low of the 15-minute candle that breaks below 23050.
Targets: 22980, 22930, 22880.
Stop Loss: Above the high of the triggering candle.
Disclaimer:
I am not SEBI Registered. Trading in financial markets, including Nifty, involves significant risk and may not be suitable for all investors. The strategy provided is for informational purposes only and does not guarantee profits. Past performance is not indicative of future results. Always conduct your own analysis and consult with a financial advisor before making any trading decisions. Use proper risk management techniques, including stop losses and position sizing, to protect your capital. The author is not responsible for any financial losses incurred based on this strategy. Trade at your own risk.
Gold Trading Strategy for 30th January 2025 Buy Setup:
Wait for a 15-minute candle to close above 2772.500.
Buy above the high of that candle.
Targets: 2781, 2789, 2792.
Stop Loss: Below the low of the triggering candle.
Sell Setup:
Wait for a 15-minute candle to close below 2745.
Sell below the low of that candle.
Targets: 2734, 2726, 2720.
Stop Loss: Above the high of the triggering candle.
Disclaimer:
Trading in financial markets, including gold, involves significant risk and may not be suitable for all investors. The strategy provided is for informational purposes only and does not guarantee profits. Past performance is not indicative of future results. Always conduct your own analysis and consult with a financial advisor before making any trading decisions. Use proper risk management techniques, including stop losses and position sizing, to protect your capital. The author is not responsible for any financial losses incurred based on this strategy. Trade at your own risk.
A wise person will stop CRYPTO Soon after the oath of the so good person Mr Trump...crypto has gone out of control. Stay away from CRYPTO. Not only every person,every institution but even every country. Stay away. It is a scam. Save ur money. Listen to me. These bastards playing unfairly will be taken down someday,but till then stay away and use ur money for u
Tata Motors - Yet to test the previous higher high swing!Better to wait for Tata motors to fall more and start accumulating from around 610 levels as it is close to the High high formation of previous swing from 2015, if it breaks don't panic buy more once it hits the purple trend line and finally at 550 levels!
Around 550 range it has an extreme strong support!
PS: Bad result came out today as well!
VOLUME ANOMALY ON CFX FOR LONG!BINANCE:CFXUSDT
1.The CFX coin has been in a macro range since the 5th of July until now.
2.The support zone has been tested 5+ times and each of them received a buyer's reaction.
3. According to the OBV chart, you can see that after December 20, the price returned to the support zone, but this was not accompanied by active sales - a bullish divergence was formed
4. On 29.01, an abnormal volume of buying was formed near the support zone
EXPECTATIONS:
1.From a local perspective, this zone is good for spot buying with targets around 0.25 USDT.
2. From a global perspective, buying in this range is relevant for the next 2-3 months with potential 3-5x
THE DIFFICULT SITUATION ON ETHBINANCE:ETHUSDT
1. Since 20 December, the price has been in the range of 3100 - 3500 USDT. Fake breakouts from the top and bottom + liquidations bring the price back into the range.
2. In terms of volume, we can see a zone of high buying marked with a purple square.
3. An interesting divergence - the volume of sales is growing, but the price is not falling equivalently to this volume. A really difficult situation to interpret, because the volume often outstrips the price movement.
EXPECTATIONS:
1 scenario (priority) - continuation of rotations from the range boundaries
2 scenario (in case of negative news) - breakout of the lower boundary of the range, consolidation under it
USDCHF 4h ideaAfter a bullish engulfing candle pattern and the pair braking through the descending trend line, my trade idea is that it is possible that for a short term, the pair will push higher towards the major supply zone around 0.9100. On the Daily chart, the pair is indicating a trend reversal, but conservative long entries are still valid.
$US10YR - Potential Double Head & Shoulders Pattern Forming FPMARKETS:US10YR - Potential double head and shoulders pattern on the Daily Chart. This could align with Trump's lower rates initiative. We are seeing some weakness coming into employment data, seems like CPI and PPI are showing progress on inflation. The smaller Head & Shoulders pattern has a measured move to around 4.23% right at the 200 SMA (yellow) and the larger Head & Shoulders pattern measured move is 3.70%. This could take several months to play out since this is a daily chart. All eyes on this Friday's PCE and Non-farm payroll first week of February. I think we will have favorable PCE numbers YoY in February and March which could help the fed take their eyes off inflation and focus on jobs numbers, allowing them to cut. The market is pricing in 1.5 cuts this year. I think we will see 3-4 cuts.
Benjamin Graham’s Timeless Principles for Smart InvestingHello everyone, i hope you all will be doing good in your life and your trading as well. Today again i have brought an educational post on Benjamin Graham’s Timeless Principles for Value Investing, So let's Start and apply this in your Trading and Investing to achieve Success.
✔ Invest with a Margin of Safety: Buy stocks at a price lower than their intrinsic value to minimize risk and maximize returns.
✔ Focus on Value, Not Market Trends: Avoid speculation and short-term market noise. Invest in fundamentally strong companies.
✔ Understand the Business: Invest only in businesses you fully understand. A strong grasp of financials and operations is crucial.
✔ Look for Strong Financials: Prioritize companies with low debt, consistent earnings, and strong cash flow.
✔ Diversification is Key: Reduce risk by spreading investments across different sectors rather than relying on a few stocks.
✔ Think Long-Term: Investing is about patience and wealth creation. Avoid chasing quick profits and focus on sustainable growth.
✔ Don’t Let Emotions Drive Decisions: Market fluctuations are normal. Stay rational and focus on fundamentals.
✔ The Market is There to Serve You: Graham’s ‘Mr. Market’ concept reminds us that stock prices fluctuate irrationally—use these opportunities to buy undervalued stocks.
What This Means for Investors:
Following Benjamin Graham’s principles helps investors build a disciplined, value-driven strategy focused on minimizing risk and maximizing returns.
Outcome:
Applying these strategies will help you develop a solid, long-term investment mindset, avoid speculation, and make informed decisions based on fundamentals.
🔹 Follow for more insights! 🚀
Gold has entered a range-trading💡 Fundamental Effect :
- Gold has entered a range-trading phase as it factors in the potential impacts of the Federal Reserve meeting, possible interest rate cuts, and a correction in equity markets following news about Chinese AI model DeepSeek, according to Norman.
- On Monday, a sell-off in technology stocks triggered by DeepSeek news led investors to liquidate bullion to offset losses.
- With the Fed's first policy meeting of the year concluding today, investors are closely watching for signals about the direction of interest rates and insights from Chair Jerome Powell's speech.
- Trump has urged for lower interest rates, which conflicts with the Federal Reserve’s independent authority to set interest rate policies.
- Meanwhile, Trump remains committed to imposing tariffs on Canada and Mexico, following through on his earlier promises.
- These policies are considered inflationary, which may compel the Federal Reserve to maintain higher interest rates to counter rising price pressures.
💡 Summary
-Price is currently consolidating near $2757 with resistance at $2771-$2772.
-A break above $2772 could lead to further upside momentum.
-A break below the 200 EMA at $2756 might lead to a test of $2744.59,
signaling bearish continuation.
Main Analysis-