ASTRA MICROWAVE Defence Stock | Price Near BreakoutExtra Microwave stock is trading near support and going into breakout range now, if it breakouts then good.
Elliot Wave also has ABC correction.
RSI Also Positive.
Price Traded near 50 EMA.
If the price breaks the resistance then we can think of entry. The entry will be on the breakout of the resistance candle and the stop loss will be below the Low of the breakout candle. The target will be the next resistance.
Community ideas
BTCUSDT AND XAUUSD PRICE ACTION ANALYSIS 18 JANThank you for taking the time to watch this BTCUSDT and XAUUSD price action analysis. I hope the insights shared help you better understand the market structure and assist in making more informed trading decisions. Wishing you all the best in your trading journey – may your strategies lead to consistent success and profitable outcomes.
Trade Idea: $NSE:RELIANCE for Next WeekHello, Traders! 👋
#RELIANCE is shaping up as an interesting watch for the coming week:
📈 Technical Overview:
🔹 Weekly Retracement Level: Trading near the golden zone, a key area for potential reversal.
🔹 Daily Supply Zone Confluence: Overlapping supply zone could act as a critical resistance.
🔹 1-Hour Liquidity Sweep: Potential for a liquidity grab before resuming an upward move.
💡 Plan of Action:
Keep a close eye on price action around these levels. A confirmed breakout or rejection could set the direction for the next move.
⚠️ Disclaimer:
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Please conduct your own research or consult a professional before trading.
What’s your outlook on #RELIANCE for next week? Let’s discuss! 🚀
#StockAnalysis #TradingView #TechnicalAnalysis #MomentumStocks #RELIANCE
NIFTY 50 Crash to Wipe out Gains from 4th June Election Day Low#NIFTY50 Short Setup🐻🔨🔨
Attached: Daily Chart 17th Jan 2025
CMP= 23,203.2
Stop Loss above 23,500 or use 10 DEMA or 20 DEMA
Downside Targets📉:
T1= 22,620 to 22,420🎯
T2= 22k 🎯 (Highest Probability)
Then Fall can extend all the way down to 4th June Election Day Low so around 21k🎯
Positional or Longterm Opportunity on NHPCGo Long @ 84.65 for Targets of 91.6, 98.55, 105.5 and 112.45 with SL 77.7
Reasons to go Long :
1. On a Monthly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.382 Fibonacci level.
2. In addition to this a bullish candlestick pattern Bullish Harami (marked with orange color) is formed around the 0.382 Fibonacci level.
3. Also there is a strong support zone (marked with green color), from which the stock is taking support and moving up.
Positional or Long term Opportunity in Shipping Corp Of IndiaGo Long @ 205.7 for Targets of 241.1 and 276.5 with SL 188
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level.
2. Besides, a bullish candlestick pattern Bullish Hammer (marked with orange) is formed around the 0.618 Fibonacci level.
3. Also there is a strong Trendline (marked with green color) which supports the stock.
4. In addition to this there is a strong support zone (marked with purple) from which the stock is taking support.
Ircon International SL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Pearl Global Industries Limited - Breakout Setup, Move is ON...#PGIL trading above Resistance of 1595
Next Resistance is at 2352
Support is at 1095
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AIA Engineering SL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Goldiam International Ltd - Breakout Setup, Move is ON...#GOLDIAM trading above Resistance of 491
Next Resistance is at 728
Support is at 343
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Nifty: Mahakumbh 2025 to bring "Ache din" for Stock Market ?Is this a coincidence or Divine Significance !!
Will the 144 days Time Cycle for Nifty and Mahakumbh 2025 which happens once in 144 years, bring good omen for stock market ??
Only Time will tell, but what's certain is that if we're well prepared, we can make the most of these opportunities.
Aarti IndustriesSL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Goldiam International Ltd - Breakout Setup, Move is ON...#GOLDIAM trading above Resistance of 395
Next Resistance is at 491
Support is at 299
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ASIANPAINTS AnalysisAsian Paints is currently at a critical level and could either break down or soar from here. It is currently at its Monthly Demand zone, which coincides with the monthly trendline support. The entry point is 2264, with a stop loss (SL) at 2092. The first target is 2685, and the second target is 3407. With a good risk-reward ratio, this trade is worth considering to go LONG.
AU Small Finance BankSL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Indian Bank SL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Bharti Airtel SL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Price of the Bitcoine is Refelection of the World LiquidityThe best part of the Bitcoine price movement is show in the What is the liquidity of the world, If the liquidity increase the price of bitcoine is goes up and When liquidity is shrink the price of the bitcoine is down this is very important for the trader and investor.
The price of bitcoine most of the time give go return when the Nesdaq give good return.
"No Matter You Are Trader or Investor, You Love or Hate Cryptocurrency, But you can't ignor the Bitcoine"