Community ideas
Vodafone Idea Stock Future#vodaidea is up due to expected positive decision in budget session.
Any disappointment could lead the vodafone idea share price to fall till its support, while positive news can atleast help it till weekly resistance zone of 14 odd.
#learn_at_stoxsense #Learntradingwithsudhir #StockMarket #idea
Cipla correction will be over by 31st of JanCipla is in last leg of correction of expanding triangle, where it will complete wave e and so thus the Wave C of the Zig-zag at 1372-1371
Possibilities:
1) Cipla's correction will be over by 31st Jan if it completes leg e (1372-1371)
2) Chances are there might be wave e truncation and we will start seeing the trend change, which will be uptrend
3)wave e might slightly overthrow beyond the lower support of the triangle. (around 1365-1368 max to max)
All in all its a wait and watch situation for few more days how the wave e unfolds.
Disclaimer. I am not the SEBI registered member. This idea is only for educational purposes, if you want to take a trade do your own analysis and decide.
AUDUSD SE;;📉 AUDUSD: Downtrend in Sight – Here’s What You Need to Know!
The AUDUSD pair is flashing bearish signals, pointing toward a potential slide. Here’s a deeper look into the key factors driving the market:
🔍 Key Drivers:
1️⃣ Australian Weakness:
Recent Australian economic data highlights slowing growth and subdued consumer sentiment.
The Reserve Bank of Australia’s cautious stance on rate hikes adds downward pressure on the Aussie dollar.
2️⃣ US Dollar Strength:
The USD continues to benefit from solid U.S. economic data, including strong labor market performance and robust retail sales.
Hawkish expectations from the Federal Reserve are keeping the greenback in demand.
3️⃣ Risk-Off Market Sentiment:
Global uncertainties (geopolitical tensions, economic slowdown fears) are fueling risk aversion.
Investors are flocking to the USD as a safe-haven asset, leaving the risk-sensitive AUD under pressure.
📊 Technical Insights:
Support Levels to Watch: AUDUSD is testing a critical support at . A break below this level could pave the way for further downside.
Resistance Zones: The pair faces strong resistance near , limiting potential upside corrections.
Indicators: Momentum oscillators and moving averages are aligning with bearish sentiment, signaling potential for further declines.
💡 Trading Strategy:
Consider short positions on a confirmed break below .
Set tight stop-losses and monitor key resistance areas for potential pullbacks.
Keep an eye on upcoming events, such as U.S. economic data and RBA announcements, which could influence market direction.
🔔 Stay Updated: Markets are volatile—timely insights are crucial. What’s your take on AUDUSD? Are you bullish or bearish? Let’s discuss in the comments! 👇
AUDJPY SELL📉 AUDJPY: Potential Downward Momentum Ahead!
The AUDJPY pair is signaling bearish potential. Here’s why this could be the time to watch for a fall:
🔹 Weak Australian Economic Outlook: Recent economic data and dovish sentiment from the Reserve Bank of Australia could pressure the Aussie dollar.
🔹 Risk-Off Sentiment: With global uncertainties rising, investors are shifting towards safe-haven assets like the Japanese yen, adding strength to the JPY.
🔹 Technical Signals: AUDJPY has broken key support levels, and momentum indicators suggest further downside could be on the horizon.
💡 Trade Insights: A break below could confirm a bearish trend. Tight stop-losses and disciplined risk management are crucial in these volatile conditions.
What’s your take on this pair? Share your views below! 👇
AUDCAD SELL📉 AUDCAD: Ready for a Drop? Here's What You Need to Know!
The AUDCAD currency pair is showing signs of potential downward movement. 📊 Here are a few key factors driving the sentiment:
🔹 Weak Australian Data: Recent economic indicators from Australia suggest softening growth, which could weigh on the Aussie dollar.
🔹 Strong Canadian Dollar: Canada’s economy benefits from steady oil prices and a stable monetary policy outlook, providing support to the CAD.
🔹 Technical Analysis: AUDCAD is testing critical support levels. A break below could open doors for further downside movement.
💡 Trade Idea: Keep an eye on this pair for short opportunities. Always consider risk management and consult your strategy before making a move.
What are your thoughts? Drop your analysis in the comments! 👇
Gold Trend 20/1 - Breakout or Dip ?Gold price was pushed to a one-month-high by better-than-expected PPI and core CPI US economic figures last week. However, it was rejected by 2720 and the price has begun to consolidate before the market close on Friday. Israel and Palestine started to exchange hostages after reaching a ceasefire agreement, easing tensions in the Middle East, which put pressure on gold prices as markets opened on Monday. Today is a U.S. holiday, but the market will focus on the new president's policies post-inauguration, believing that news will steer investment markets in the coming week. Whether gold prices will attempt new highs remains to be seen, with a key resistance level at 2720.
1-hr Chart(above) > The overall trend of gold prices was in line with our expectation last week, bounded by the range of 2665-2720. Despite the price being rejected by 2720(1) again, the S-T trend is still running within an upward channel(2), and remains bullish for now. Keep an eye on whether gold prices can break out from the upward channel(2) this week; once it falls below the upward channel, it would be the first sign of a possible trend reversal!
Daily Chart(above) > Gold prices tested the 2720 resistance for the third time last week, but this time, unlike the previous two attempts where prices rapidly fell within 24 hours after reaching the top, seems like, the market has already adjusted to prices above 2700. This week, the trend of gold prices will be influenced by the new U.S. President and his policies, so keep an eye out for any announcements. If gold prices can break through the 2720 resistance, it will trigger a new round of long-buying, with the next target at 2790. The support below lies at the ascending support line (4) and the 100-day moving average (5).
P.To
Indus Ind BankI have found interesting patterns in different time frame. In lower time frame price has formed an ascending triangle, and it is testing the bottom of the channel. Also price is consolidating in a narrow range.
In daily time frame, price is forming a descending triangle and testing the upper trend line of the channel.
So two time frames with different direction. In which direction price will move?
We can expect more range move if price fails to gain trend strength.
Buy above 974 with the stop loss of 966 for the targets 982, 990 and 998.
Sell below 960 with the stop loss of 970 for the targets 950, 938 and 926.
Do your own analysis before taking any trade.
Gujarat Hotels aiming for breakout.Stock: Gujarat Hotels Ltd (GUJHOTE) 🚨
Entry: ₹343.20
SL: ₹265.55
Target: ₹441.60
Risk-Reward (R:R): ~1:1.6
Setup Overview:
Breakout from a strong consolidation zone.
High volume supports breakout momentum.
Resistance near ₹440-₹441.60; monitor closely for profit booking.
Risk Considerations:
Tight stop-loss for risk management.
Wait for confirmation above entry for fresh positions.
📊 Not financial advice. DYOR!
Remember we are trading against the trend. The Q3 results came back decent. So add to your WL
Idea : Breakout @8.30 From Triangle Idea is breaking out of a triangle pattern.
Buy @ 9.1-9.2 stoploss 8.00 tgt1 11.00, tgt2 13.00 tgt3 16.5, tgt4 19.15, tgt5 22.00 and much higher
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
#Nifty directions and levels for January 20th, Tuesday:Good Morning, friends! 🌞
Here are the market directions and levels for January 20th, Tuesday:
Market Overview:
The global market is showing moderately bullish sentiment (based on the Dow Jones), while our local market reflects a bearish sentiment. Today, the market is likely to open with a neutral to slightly gap-up start, as the Gift Nifty indicates a +50-point positive opening.
In the previous session, our markets closed negatively, while the US market performed very well. Everyone is closely watching Donald Trump’s inauguration. Some expect the market to maintain its bearish sentiment for another one or two days. However, if there is any positive trigger, a bounce-back can be anticipated. Otherwise, the correction is likely to continue.
Structurally, my expectation is that if the market takes a pullback, we can expect a range-bound market with a bullish bias. If the pullback sustains, the market could break out and move higher. On the other hand, if the gap-up doesn’t sustain, we can expect the correction to continue. This forms the basic structure for today.
Both Nifty and Bank Nifty exhibit similar structural sentiments.
Nifty Current View:
The current view suggests we are in a range market. If the pullback sustains, we can expect a minimum target of 23330 to 23360. After that, if it breaks with some consolidation, it could continue to reach 23387 to 23431. However, after this rally, the market may experience some rejection around that range; this is the basic structure.
In this scenario, if the rally sustains without any rejection, it may form a long bullish candle at the market’s opening.
Alternate View:
The alternate view suggests that if the gap-up doesn’t sustain, we can initially expect a minor correction that could reach 23121 to 23087. This is also a range market target. After that, if it finds support there, the range market may continue. On the other hand, if it breaks below, the correction will likely continue.
Note: A notable point is that we are in a range-bound market, so approach the charts with this context in mind.
#Banknifty directions and levels for January 20th, Tuesday:Bank Nifty Current View:
The structure seems similar to Nifty. If the market sustains the gap-up, we can expect a minimum pullback of 50% to 61% initially. After that, if it consolidates, the rally will likely continue. Structurally, we can expect the continuation of the rally; however, we should approach this properly, as we can expect the rally only if it breaks the 61% mark.
Alternate View:
The alternate view suggests that if the gap-up doesn’t sustain, we can expect a correction of 78% to the minor pullback zone. This is a major support level, so if it finds support there, we can expect a minimum pullback of 23% to 38% in the minor swing. On the other hand, if it breaks the minor pullback zone, we can expect the continuation of the correction, targeting a minimum of 47873 to 47708.
Bank Baroda - Expecting bears to take controlStock about to reach supply zone of 230 - 33
It also happens to be a flip zone (Previous strong support zone which now turned into resistance)
Any bearish candle in LTF (Hourly minimum) will provide an opportunity to sell
View negates with close above 235
Downside expectation at least 215 - 200
**XAU#4: Gold begins to correct. Summary of possible scenarios!!💎 💎 💎 Plan ahead to help you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎
🔥In the previous analysis, we planned for a downward correction. Currently, OANDA:XAUUSD the price is at the 269x support area. I will continue to plan the transaction for you:🔥
1️⃣ **Fundamental analysis:**
📊 Donald Trump was sworn in as President of the United States today. Financial markets face risks from trade policy and geopolitics: Although tariffs have not been imposed immediately, analysts warn that the risk of trade wars and increased geopolitical tensions under Trump will be a major disadvantage for the market.
🔴 Everyone is cautiously waiting for specific executive orders from Trump to assess the impact on the global economy and financial markets.
📌 Gold SPDR ETF is still buying.
2️⃣ **Technical analysis:**
🔹 **Frame D:** The uptrend has not been broken. The price reacted to the resistance area, but you can see that the selling force this time is completely different from the previous 2 times.
🔹 **Frame H4:** The bullish price structure remains intact. What needs to be noted here is that KEYLEVER has not been broken.
🔹 **Frame H1:** The correction confirmation has been clearly indicated in the knowledge article. That is the reward for those who are willing to improve their trading knowledge. Currently, the price has found the support area and reacted. We will look for opportunities together. However, please note that the price structure is still increasing.
3️⃣ **Trading plan:**
Surely everyone's common question is whether to buy or sell. My point of view is to trade in line with the main trend, so I will give you a perspective for your reference
⛔ If you do not have a good position. We should not SELL in this area. The main trend and price structure are still supporting BUY. If you have made a profit in the recent correction, you should not be greedy when taking risks in this area. The main trend can return at any time
✅🚀 Waiting for an uptrend structure to find a position in line with the main trend is a wise choice at this time. I have marked the plan in the H1 frame so that you can better understand the idea.
💪 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer you for free
NIFTY ANALYSIS!!!!!!!!nifty is not looking great now.
It is in bearish trend.
Look for price to break below 23100( blue line in the chart) to go for short in nifty.
If everything happens then price will drop even further in down direction.
I will update in coming days of this week if price shows reversal.
Other than that the price will fall towards red lines.
Trade through your models.
Don't scold me if it's wrong, I just share my views.
I don't take your financial losses and profits.
Learn to trade by yourself is better for you.
EURUUSD NEXT POSSIBLE MOVE SAXO:EURUSD
### 🌟 **EUR/USD DAILY OUTLOOK - JAN 20, 2025: BEARS MAINTAIN PRESSURE** 🔥
**Market Pulse**
The EUR/USD pair continues to slide as the US Dollar strengthens on hawkish Federal Reserve sentiment and weak Eurozone data. Global geopolitical tensions and trade uncertainties further weigh on the Euro.
---
### **SELL ENTRY POINTS**
**Entry Levels:**
- **Sell Limit:** 1.0320 (Resistance zone)
- **Sell at Market:** 1.0285 (current bearish confirmation)
**Target Levels:**
- **Take Profit 1 (TP1):** 1.0250
- **Take Profit 2 (TP2):** 1.0225
**Stop Loss:**
- **Above Resistance:** 1.0345
---
### **Key Technical Signals 🔍**
- **Trend:** Strong downside momentum.
- **RSI:** Below 45, indicating bearish strength.
- **MACD:** Expanding negative momentum.
- **EMA:** Price remains below the 20 and 50 EMAs, confirming the bearish trend.
---
### **Market Sentiment 📊**
- **Forex Client Sentiment:** 58% long, 42% short.
- **Myfxbook Sentiment:** 68% long, 32% short.
- **Dukascopy Sentiment:** Reflects strong selling pressure.
---
### **Risk-Reward Ratio:**
- **1:2** for cautious traders.
- **1:3** for extended bearish targets.
---
Monitor for additional bearish signals before entering. Let me know if you'd like further assistance or adjustments to the analysis!
MINDACORP "⚙️ MINDACORP Geared for Growth! 🚀 A sharp triangle breakout signals bullish momentum ahead. With strong fundamentals, cutting-edge innovations in the auto components sector, and a focus on global expansion, this stock is driving toward success! 📈✨ #MINDACORP #TriangleBreakout #FundamentalStrength #AutoComponents #StockMarket"
TGT 750 SL days low
NIFTY Levels for January 20, 2025
NIFTY Levels for Today
Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both.
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels.
The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes /boosts gives us motivation for continued leaning and sharing ideas.
BANKNIFTY Levels for January 20, 2025
BANKNIFTY Levels for Today
Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both.
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels.
The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes /boosts gives us motivation for continued leaning and sharing ideas.
Nifty Trading Strategy for 20th January 2025Nifty Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 23,310.
Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 23,310.
Targets:
First Target: 23,350
second Target: 23,390
Third Target: 23,440
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 23,310 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 23,350, another portion at 23,390, and the remaining position at 23,440.
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 23,090.
Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 23,090.
Targets:
First Target: 23,050
Second Target: 22,990
Third Target: 22,940
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 23,090 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 23,050, another portion at 22,990, and the remaining position at 22,940.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
I am not SEBI Registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
KOTAKBANK for 1500 and below? Accumulation or Distribution?They say results are super Duper, but what does the chart say?
Chart with Monthly and weekly counts:
To me, looks like the price is headed lower in WXY wave. W and X being done with, Y will take it below 1500 is my primary view. Rest is up to the market makers..
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.