Hello 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...
CUMMINS INDIA (1D TF) - Swing Trade Analysis given on 7th August, 2024 Pattern: SYMMETRICAL TRIANGLE SETUP - Strong Pullback candle from Support Trendline - Done ✓ - Weekly Volume buildup near Resistance Trendline - Done ✓ - Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress Please Note: - This is an early entry to give for a...
GIFT NIFTY : Has given 20 DEMA Vs 50 DEMA Cross over in 30 Min chart,showing momentum and going by it if holds 24450 expect it to fill the bullish gap extending upto 24600(For educational purpose only)
With chart showing turn around,took support of 110 levels on monthly and quaterly charts. A good volume candle on monthly should be good for entry with targets 0f 200 and 260 with an investment point of view.
I have drawn the Gann fan and made a post earlier but it was removed as it was having one of my private indicator. I am posting it again without that indicator. These Gann lines can help to understand resistance areas and support areas and that can help to understand the possible moves. With time and based on intensity of nifty moves the resistance and support...
Dodgwifhat Sees Recovery Prospects as Market Sentiment Improves Dogwifhat has recovered nearly 50% in the last couple of sessions suggesting a strong comeback by the bulls. The open interest contracts have surged nearly 30% in the last 24 hours indicating improved sentiment. Dogwifhat price took a strong rebound and has recovered nearly 50% from the bottom in...
1. Trend bullish 2. Price trading at support 3. SL wait for 2 weeks closing below the 507 levels 4. RR lucrative from 1:8 to 1:22+
I make educational content videos for swing / positional trading
Introduction Hold on to your digital wallets, fellow traders! We're diving into the latest price action of Bitcoin (BTC/USD), where the recent breakout has left us all on the edge of our seats. Let's dissect this chart and see what the crypto king is up to. 🚀💰 Price Action Overview Chart Analysis Current Price: $55,992.52 24-Hour High: $57,027.91 24-Hour Low:...
NSE:NIFTY Index closed near 23990 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 130.17 Lakh 24800 Strike – 79.27 Lakh 24500 Strike – 66.70 Lakh Put Writing 24000 Strike – 65.59 Lakh 23500 Strike – 53.77 Lakh 23000 Strike – 52.65 Lakh Index has immediate support near 23900 – 23800 range and if...
NSE:BANKNIFTY Index closed near 49750 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 51000 Strike – 41.58 Lakh 50500 Strike – 35.96 Lakh 51500 Strike – 34.18 Lakh Put Writing 49000 Strike – 23.35 Lakh 50000 Strike – 18.50 Lakh 49500 Strike – 16.12 Lakh Index has immediate support near 49600 – 49500 range and...
NSE:CNXFINANCE Index closed near 22520 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23000 Strike – 2.36 Lakh 22800 Strike – 1.13 Lakh 22500 Strike – 1.11 Lakh Put Writing 22600 Strike – 1.22 Lakh 23000 Strike – 1.16 Lakh 22500 Strike – 1.00 Lakh Index has immediate support near 22400 level and if this...
NSE:NIFTY_MID_SELECT Index closed near 12250 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 12500 Strike – 7.54 Lakh 12400 Strike – 6.05 Lakh 12800 Strike – 5.32 Lakh Put Writing 12000 Strike – 6.57 Lakh 12300 Strike – 5.71 Lakh 12200 Strike – 4.74 Lakh Index has immediate support near 12100 – 12000 range...
Bank Nifty successfully hit both targets from the recent symmetric triangle pattern within two days and is now consolidating near the 15-minute and 1-hour support levels. Immediate Support: 49,620 Immediate Resistance: 50,420 and 50,700 If the support at 49,620 is breached, we could potentially see a move down to the 48,850 level. Watch these key levels...
As per Elliott WAVE theory if the HDFC bank is running impulsive WAVE 3 and then it is yet to form wave (v) of wave 3. For that it need to move higher than recent high of 1681 and as there is trendline resistance around 1687 so most likely HDFC bank will face lots of resistance in the range of 181-1700 and will come down a little bit in the form of WAVE ABC -...
After falling, price is moving within the range at the support zone. Price have to break the trend line resistance to move up. Pattern : Range. Range : Medium. Trend strength : Normal. Buy Above : 49860. Stop Loss : 49780. Targets : 49940, 50020, 50100, 50220 and 50400. Sell below : 49640. Stop Loss : 49720. Targets : 49580, 49500, 49380, 49300 and 49280. Check...
Technical Analysis - After breaking out at ₹150, the stock reached ₹300. - It consolidated in a range for 6 months before breaking out again in June 2024 to touch ₹450. - The price has now retraced to the ₹300 level, retesting previous support. - Fibonacci Retracement: Currently in the golden pocket zone. - RSI: Indicates a healthy momentum. - Moving...
Bearish - 1. If Solana breaks the trendline, we can see the dump 2. Above we have a 200MA which will be acting as a resistance. 2. There is an order block just near the 200MA We can open up the short positions if Solana break the trendline Bullish In case Solana gives a break to the upside with a heavy volume then we can open a long position but there is a...