TEXRAIL: Technical Signals Point to 20% PotentialThe chart provides a comprehensive overview of the key breakout levels and potential upward movement scenarios.
symmetrical triangle Breakout
RSI is above 60 and showing an upward trend
Surpass the hidden resistance and establish it as support
Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
Community ideas
MANAPPURAM: Soaring High with a 15% Growth Potential
Strong Resistance Breakout
Trading above all EMAs
Gap Filled
RSI Above 60
Next Resistance Level and Breakout Indicated on the Chart
Disclaimer: This analysis is provided solely for informational and educational purposes and should not be interpreted as financial advice. It is essential to conduct your own research and consult with a qualified financial advisor before making any investment decisions.
ALL SHOW NO GO.Despite forming flag-pole pattern in bigger time frame, BANKNIFTY couldn’t break above leading to continuation of bull leading to downfall. Now eminent 52359-52500 can be seen as a strong demand zone and new longs can be added till then unless it breaks below which could result new trend which is downtrend so plan your trades accordingly.
EIH-Will it break or fall back to support?EIH Limited has recently exhibited multiple inside bar patterns on its daily chart. An inside bar occurs when a candlestick's price range is entirely contained within the range of the preceding bar, signaling market consolidation and potential for a significant price movement.
The presence of multiple inside bars suggests a period of low volatility, often preceding substantial breakouts. Consider monitoring EIH's price action closely, as a decisive move beyond the mother bar's range could indicate the next directional trend.
Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Please conduct your own research before making investment decisions.
Positional call - LONG PREMEXPLN the chart indicates a clear change in character and a pump in volume which means institutional buying, the price has retraced back to order block ( the original buying price ) with volume dry up specifying the institutions are still holding. This may result in another displacement of price on the up side due to imbalance of demand and supply
ICICI bank Selling Pressure and ConsolidationHaving its median around 1340 for 18th Dec , and previous closing at 1333.75 , May open higher or at the closing the next day if the Selling Pressure continues it may reach till 1314 which act as a very strong support , at weekly and monthly also , but the trend for icici may change to Bearish .
Average Volume and price decline indicates Short build up , bearish sentiments may continue if the bank nifty is in selling pressure .
GBPUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Gujarat Pipavav PortGujarat Pipavav Port Limited (GPPL) is currently trading near a support level at ₹182.65, with short term resistance observed around ₹200 and long term resistance at ₹250.
Technical indicators suggest a bearish short-term trend, with the stock trading below its 50-day moving average. Consider monitoring these levels closely, as a break below support could signal further downside, while a move above resistance may indicate a potential reversal.
Disclaimer:
This analysis is intended for educational purposes and is not a recommendation to buy. It is important to learn how to recognize and understand patterns in stock movements.
REPL - BIG STRONG BREAKOUTRUDRABHISHEK ENTERP LTD - 1W NSE
Symbol: RUDRABHISHEK
Current Price: 182.65
Change: -7.20 (-3.79%)
Technical Analysis:
RUDRABHISHEK is breaking out! The stock has surged past the resistance level at 274.65 with strong volume, signaling a potential for a major upward move. This breakout comes after a period of consolidation, suggesting a build-up of buying pressure.
Target:
366.80
Possible Scenario:
Bullish: The strong breakout suggests a potential for a sustained uptrend, with the target price as a possible objective.
Bearish: A failure to hold above the breakout level could lead to a pullback. However, the strength of the current move suggests that dips may be buying opportunities.
Disclaimer: This is not financial advice. Please do your own research before investing in any stock.
#RUDRABHISHEK #stocks #trading #technicalanalysis #breakout #targets #SwingTrading
Let's swing to profits together! 📈🚀
BankNifty Intraday Support & Resistance Levels for 18.12.2024On Tuesday, BankNifty opened negative, hit a high of 53515.70, and dropped sharply to a low of 52709.40. It closed flat at 52834.80, losing 746 points over the previous close. Both the Weekly Trend (50 SMA) and Daily Trend (50 SMA) remain positive.
Demand/Support Zones
Near Demand/Support Zone (75m): 52264.55 - 52665.15
Far Demand/Support Zone (Daily): 51693.95 - 52197.25
Far Demand/Support Zone (125m): 51693.95 - 51906.90
Supply/Resistance Zones
Near Supply/Resistance Zone (15m): 53159.20 - 53276.55
Near Supply/Resistance Zone (30m): 53489.70 - 53675.05
Far Supply/Resistance Zone (Weekly): 53741.40 - 54467.35 (tested)
Key Insights
BankNifty is oscillating between key support and resistance levels. Immediate support lies in the 75m Demand Zone at 52265 - 52665, while resistance is seen in the 30m Supply Zone at 53490 - 53675.
A decisive move beyond these levels could provide clarity on the next trend. Stay focused and plan your trades wisely!
NIFTY Intraday Trade Setup For 18 Dec 2024NIFTY Intraday Trade Setup For 18 Dec 2024
Sell_1- From 24590
Invalid-Above 24640
T- 24400
Sell_2-Below 24300
Invalid-Above 24350
T- 24000
NIFTY has closed on a bearish note with 1.35% cut today. Yesterday we discussed that index will be bearish below 24570 and exact mentioned target of 24310 was met. Now index may continue bearish move. A good short below 24300 in case of flat opening. If at all it gaps up then 24590 will be intraday resistance as per half bat.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes below 24300 then we will short for the target of 24k.
24590 will be pullback short level in case 24300 is safe. T- 24400.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
GBP/NZD Trade Analysis (Sell Position)GBP/NZD Trade Analysis (Sell Position)
Technical Analysis:
Trend Analysis:
GBP/NZD shows a rejection near the 2.21279 resistance level (highlighted in red), indicating bearish momentum.
The pair has broken a short-term upward rally, signaling potential trend reversal.
Support & Resistance:
Resistance Zone: 2.2100–2.2130 (red rectangle), which aligns with the recent rejection.
Support Levels (Take-Profit Zones):
1st Target: 2.1463
2nd Target: 2.1184
3rd Target: 2.0547 (Key support on the chart).
Fundamental Analysis:
GBP Sentiment:
The UK economy faces challenges such as high inflation and uncertain growth amid the Bank of England's cautious stance on rate hikes.
Recent data may show stagnation in the UK, which weakens the GBP.
NZD Sentiment:
The Reserve Bank of New Zealand (RBNZ) has paused interest rate hikes but retains a relatively hawkish tone compared to other central banks.
Improved commodity exports (dairy and agriculture) strengthen the NZD.
Key Factors to Watch:
UK economic data: Inflation, GDP, and labor market conditions.
New Zealand’s trade balance and commodity prices.
Risk sentiment: A risk-off environment typically supports the NZD over GBP.
Trade Summary:
Trade Direction: Sell
Entry Level: Current price (~2.19175)
Stop-Loss: Above 2.2130
Take-Profit Targets:
TP1: 2.1463
TP2: 2.1184
TP3: 2.0547
This setup combines technical rejection at resistance with bearish GBP fundamentals and resilient NZD support. Keep an eye on macroeconomic events for confirmation
Nifty Intraday Support & Resistance Levels for 18.12.2024On Tuesday, Nifty opened with a gap-down, made a high of 24624.10, and dropped to a low of 24303.45, entering the 15m Demand Zone. It closed at 24336, losing 332 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) has shifted from positive to sideways.
Demand/Support Zones
Near Demand/Support Zone (15m): 24180.80 - 24342.50 (current price inside the zone)
Near Demand/Support Zone (Daily): 23927.15 - 24188.45 (tested)
Far Demand/Support Zone (75m): 23447.15 - 23578.60
Supply/Resistance Zones
Near Supply/Resistance Zone (125m): 24601.75 - 24698.10
Near Supply/Resistance Zone (Weekly): 24567.65 - 25234.05 (tested)
Far Supply/Resistance Zone (Daily): 25739.20 - 25907.60
Far Supply/Resistance Zone (Daily): 26151.40 - 26277.35
Key Insights
Current Major Resistance Zone: 24700 - 25000
Current Major Support Zone: 23900 - 24300
A breakout above resistance or a breakdown below support will likely determine the next significant move.
OIL 2HRSWING TRADE
- EARN WITH ME DAILY 10K-20K –
OIL Looking good for Downside..
When it break level 469 and sustain.. it will go Downside...
SELL @ 469
Target
1st 448
2nd 422
FNO
OIL DEC FUT – LOT 4 (Qty-4300)
OIL DEC 510 PE – LOT 4 (Qty-4300) – PRICE (40.85)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
Like this Post??? Hit like button..!!!
Follow me for FREE Educational Post and Alert.