Nifty levels - Jan 20, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
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BDL - Bullish This stock has shown a break out after reversal from the correction on Daily Time frame. It has following attributes with strong Price action.
1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Price crossing previous swing peak
The stock will be a long term bullish trend till Targets as per Fibonacci are marked.
The idea is for academic interest and not recommendation for investment
Ganesh Housing - Bullish trend resumptionThis stock has shown a break out after reversal from the correction on Daily Time frame. It has following attributes with strong Price action.
1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Price crossing previous swing peak
7) tree white soldiers pattern satisfied
The stock will be a long term bullish trend.
The idea is for academic interest and not recommendation for investment
#JISLJALEQS - Potential Break Out 📊 Script: JISLJALEQS
Key highlights: 💡⚡
📈 IH&S formed in Daily chart.
📈 Wait for consolidation then enter on BO with volume
📈 Price gave a good up move
📈 Volume spike seen
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 80 DCB
⏱️ C.M.P 📑💰- 76
🟢 Target 🎯🏆 – 20%
⚠️ Stoploss ☠️🚫 – 10%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
Bajaj Healthcare Limited - Resuming the bullish journeyThis stock has shown a break out after reversal from the correction on Daily Time frame. It has following attributes with strong Price action.
1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Price crossing previous swing peak
The stock will be a long term bullish trend till Targets as per Fibonacci are marked.
The idea is for academic interest and not recommendation for investment
JK Cement a LONG visible on PERFECT SETUPJK Cements on weekly chart completes it fall and now in uptrend.
Target 1W Fisher and TSI Top on few months of time frame. (Here 1D Fisher will make 2Top in TSI. Fisher may be Lower High for exit from BUY - but this will happen at 1W Fisher Top - till then hold).
May buy at current level and hold for few months as per above Target.
Disclaimer:
This is for informational purposes only, not financial advice. Trade at your own risk.
Nifty 50. The Doji Candle.Nifty is making Doji at the bottom on weekly chart. Which shows the chances of trend reversal. If Nifty close above 23391 (current week high) then Down trend will be end and reversal process will start in market. For confirmation, the complete week should be close above 23391 for the All time high target (26272).
If Study RSI, Rsi is near 60 on monthly chart which can act as a support and at 40 on weekly chart which is again a support area. If Daily RSI will cross 40 then Market can be bullish again.
And If 23050 broken then It will open the gate of 21500 down side.
Nifty now a Buy on PERFECT SETUPAs you may find that similar formation and PERFECT SETUP occurred earlier between 21st Nov 2024 to 6th December 2024. 1W 1D 4H are also similar. First Target (so long 1M and 3M Fisher are negative) will be 4H Fisher and TSI Top.
See as per PERFECT SETUP. Request please keep these 2 indicators in your screen.
Disclaimer:
This is for informational purposes only, not financial advice. Trade at your own risk.
SIEMENS STRIKING RESISTANCESiemens is gouing to change its trend,Ihanve shown two green arrows which is telling you it might be a reversal because the zone frome where it is trying to change its trend is DOUBLE BOTTOM shown as upper green horizontal line below that line is my support line all red lines are resistances and green lines are supports.
now siemens looks bullish but it may be shortcovering as well so be take care at resistances having crossed you can consider reversal its not my buy/sell call, Please keep in mind.
Kalyan Jewellers Crash to 340 - 300 Support ZoneThe Stock is still trading at a PE of 100
And once it got entry in F&O segment, the Bears took control
Price Chart shows AVWAP from inception comes around 300 level
And approx. 340 is the 4th June 2024 Election Day Low
Price in a Strong Waterfall Decline and is probably headed to meet that Downside Target/ Support Zone
hdfc bank view HDFC Bank, one of India's leading private sector banks, was established in 1994. Its origins and development reflect the transformation of India's banking sector during the 1990s, following the liberalization of the Indian economy.
### Key Milestones in HDFC Bank's History:
#### 1. **Foundation and Early Years (1994-1999)**
- **Incorporation**: HDFC Bank was incorporated in August 1994 in Mumbai, Maharashtra. It was promoted by the Housing Development Finance Corporation Limited (HDFC), India's premier housing finance company.
- **Banking License**: In January 1995, the Reserve Bank of India (RBI) granted HDFC Bank a banking license, allowing it to operate as a scheduled commercial bank.
- **IPO Launch**: In 1995, HDFC Bank went public, listing its shares on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The IPO was well-received, reflecting investor confidence.
- **Early Operations**: The bank initially focused on corporate banking, capitalizing on the growing demand for professional banking services.
#### 2. **Expansion and Growth (2000-2010)**
- **Branch Network**: HDFC Bank aggressively expanded its branch network across India, establishing a strong presence in urban and semi-urban areas.
- **Technological Leadership**: The bank was among the pioneers in adopting advanced technology, offering internet banking, phone banking, and ATMs for customer convenience.
- **Merger with Times Bank**: In 2000, HDFC Bank merged with Times Bank, the first merger in the private banking sector in India. This significantly boosted its customer base and geographical reach.
- **Retail Banking Growth**: The bank expanded its focus to include retail banking, offering personal loans, credit cards, and savings accounts, gaining a diverse customer base.
#### 3. **Dominance and Diversification (2011-2020)**
- **Leadership**: Under the leadership of Aditya Puri, HDFC Bank became synonymous with stability, efficiency, and innovation. Puri served as the Managing Director from its inception until October 2020, making him the longest-serving CEO of any private bank in India.
- **Digital Transformation**: The bank introduced mobile banking apps and enhanced its digital offerings, positioning itself as a leader in digital banking.
- **Market Capitalization**: By 2020, HDFC Bank became the largest private sector bank in India by market capitalization.
#### 4. **Recent Developments (2020-Present)**
- **Leadership Change**: In 2020, Sashidhar Jagdishan succeeded Aditya Puri as the Managing Director and CEO.
- **Technological Challenges**: Despite its technological edge, the bank faced some issues with outages in digital services, prompting RBI to impose temporary restrictions on new digital launches.
- **Merger with HDFC Ltd**: In April 2022, HDFC Ltd announced a merger with HDFC Bank. This landmark deal, finalized in 2023, combined the strengths of the two entities, creating a financial services powerhouse.
### Current Status:
As of today, HDFC Bank is one of the most trusted banks in India, known for its robust financial performance, customer-centric approach, and innovative services. It operates a widespread network of branches and ATMs and continues to play a pivotal role in India's economic growth.
STERTOOLS - BREAKOUT TRENDLINE - 4HR CHART.Sterling Tools has given BO of the trendline, now re-testing.
It made a Hammer at the support and gave reversal. There is Probability of it going up.
If you like my analysis, please follow me as a token of appreciation :)
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For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
Series "Effective capital management - The key to success!"While waiting for the results of the trading plan. There is a little experience for those new to the market that I want to share with you. It is also the lessons I have experienced. If you have any questions, please leave a comment. I will answer for you.
🌟Lesson 1: Why do we need CAPITAL MANAGEMENT
📌 Many people after suffering financial losses often have a feeling of fear. But they really do not understand where their fear comes from and what they are really afraid of?
📌 We all cannot really distinguish between the fear of LOSING MONEY and the fear of the MARKET.
📌 The fear of losing money mostly comes from players with less than 1 year of experience and they do not know how to manage the capital assets they are holding. They enter the trading profession mostly with the money they have saved their whole life, an amount of money that is too large compared to their financial reserve.
👉👉👉I temporarily call this the TRADE OF A LIFE.
⚠️⚠️⚠️Its characteristics are easy to recognize
They often use 100% or more than 50% of their total assets to participate in the game, but they are essentially newbies.
Therefore, when they lose, they are easily held back by a negative account loss of nearly 80%.
Then they call for help everywhere and easily fall into a crisis and mental stress.
⛔ This is a fear that easily leads to despair.
📌 Fear of the MARKET is different:
Fear mostly comes from players who are just starting to analyze, explore and have a little experience, but still lose.
This fear lasts and gradually makes traders respect the market and be less arrogant when placing orders.
✅ This fear is good:
It helps us be more serious about capital management.
Reduce excessive sublimation in trading.
Know how to respect the market.
💡 Fear and respect for MARKET is respect for your assets. 💎 THAT RESPECT IS CALLED: CAPITAL MANAGEMENT.
Let's wait for Part 2: Instructions on how to effectively manage capital for beginners
EURUSD Let's dive into the analysis of this EUR/USD trading chart. Here's what I'm seeing:
1. **Price Action**: The main chart displays the daily price movements of the EUR/USD currency pair. The candlesticks reflect the opening, closing, high, and low prices for each day.
2. **Downtrend**: There are purple dashed trendlines forming a downward channel, indicating a bearish trend. The "Lower Highs" (LH) annotations confirm this bearish sentiment.
3. **Volume**: The volume bar chart below the price chart shows the trading volume for each day. Higher volume bars on down days can confirm bearish pressure.
4. **Stochastic Oscillator**: This indicator at the bottom shows that the blue line is at 42.89 and the orange line is at 41.22. These values suggest that the market is neither overbought nor oversold but is closer to the middle range.
5. **Key Price Levels**:
- **Current Price**: 1.02881, with a slight decrease of 0.08%.
- **High**: 1.12138
- **Low**: 1.01694
- **Bid**: 1.02879
- **Ask**: 1.02886
6. **Highlighted Area**: The green and red boxes highlight a potential trade setup, with suggested entry, stop-loss, and take-profit levels. This setup could be a good opportunity if you believe the bearish trend will continue or reverse.
Overall, the chart suggests a bearish trend with some potential trading setups. Keep an eye on the volume and stochastic oscillator for signs of any potential reversals. If you need any more detailed analysis or have questions about specific parts of the chart, feel free to ask!
DXY_DUS Dollar (USD) 💵:
- Decrease in Net Long Positions: Net long positions in the US Dollar reached their lowest level in two weeks.
- Dollar Index (DXY): The US Dollar Index began a sharp correction, eventually hitting its lowest level of the year.
- Interest Rate Forecast: This decline was driven by market expectations of further and potentially deeper interest rate cuts by the Federal Reserve
DXY_H4US Dollar (USD) 💵:
- Decrease in Net Long Positions: Net long positions in the US Dollar reached their lowest level in two weeks.
- Dollar Index (DXY): The US Dollar Index began a sharp correction, eventually hitting its lowest level of the year.
- Interest Rate Forecast: This decline was driven by market expectations of further and potentially deeper interest rate cuts by the Federal Reserve
BANK OF BARODA - BREAKOUT TRENDLINE - WEEKLY CHART. Bank of Baroda is at an old support area, has formed a Hammer candle.
Once it gives BO of the the trendline then there is probability of going up. It may also spend some time between 215-230 before giving an upside move.
High of the Hammer candle-230 seems an Entry point and 216-SL.
If you like my analysis, please follow me as a token of appreciation :)
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For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
Bitcoin Bybit chart analysis january 16Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Bitcoin 30-minute chart.
Nasdaq indicators will be announced at 10:30 in a little while.
In the 3-hour chart, where there is MACD dead cross pressure,
Nasdaq has a possibility of a vertical rise in real time,
and Tether Dominance has a possibility of a vertical fall from the current position.
As you can see from this week,
it just opened its mouth and went up to about $11,000, right?
Looking at the candle shape and cost-effectiveness,
I could miss the entry point, so I set a short stop loss and operated aggressively.
*Red finger movement path
One-way long position strategy
1. Pursuit purchase at $98,982 / When the purple support line is completely broken
Or when the 2nd section is touched, stop loss price
2. Top section 101,883.5 dollars 1st target -> Good 2nd target price
Since it is touching the expected support line first today, I am going to see the outcome.
The purple finger 99.7K at the top is the best short position entry point for today.
Since the 2nd section is the center line touching section of the 2-hour Bollinger Band chart
The short-term pattern can be broken,
It is best to raise it from the purple support line if possible
From the perspective of a long position.
The convergence section of the 1st and 2nd sections is a sideways market
The 3rd section is the 1+4 major support line.
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope that you operate safely with the principle of trading and cut-off price.
Thank you.
Gold at Sellers Zone on 2700 Area.Gold struggling to go past higher low from recent highs continuously finding resistance on 2700 area rejecting to lower levels of 2600 to 2580 below ,this is third time testing the 2700 area now a rejection here will fetch nice downside trade.
Key levels:-
Immediate Resistance:- 2700
Support and Lower side targets 2600 and 2580.
Education purpose only do your own research before taking entries.