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Tata Technology cmp 874.30 Weekly Chart : Avoid A Falling KnifeTata Technologies cmp 874.30 by Weekly Chart view since listed - Volumes seen steadily falling over past few days - Stock Price well below the Falling Resistance Trendline - Stock Price showing weakness under Falling Resistance Trendline - Decent Support at 1000 broken down by continued selling pressure - Stock hit All Time Low 869.80 today to closed just a tad bit higher - CONSIDER Consciously to Catch a Falling Knife, NO matter having good fundamentals
NSE:TATATECH
by PIYUSHCHAVDA
One reason why I am Still VERY bullish on Bitcoin This chart is very simple and it explains itself very well The upper trend line is formed by going through January candles only ( I have used a Line Chart here for Visibility but rtust me, that line goes through January Candles ) And, as you can see, when PA is above this trend line, it is en-route to ATH It also helps us see where we are in realtion to previous Januaries. And, If I am honest, we are Lower than we should be,. If we look in the channel, the Jan before PA crossed the trend line,going to the 2017 ATH, PA was 114% above the lower Trendline. The January before crossing the trendline en-route to 2021 ATH, PA was 214% above the Lower trendline - It has to be said, this cycle was blown out of proportion by excessive Leverage etc and, for me, this led to a premature ATH in March. The Real ATH are Late in the year, Nov or December. This January, 2025, PA is only 87% above that Lower trendline. But despite the Low level, we do seem to be entering a Much more friendly Crypto Finacial world now and I do expect PA to pick up. If we were to remain under the rising line of resistance, coming off the initial Wave higher in 2023, we hit the upper trendline around 2nd Half of summer. 2025 and at a price around 256K usdt The ATH will be above this line and we will have to wait to see how much higher it goes. This is the GREEN YEAR in Bitcoin Cycles. Lets go Please Note, I do expect the first quarter to be possibly not so friendly. We have to wait an see but by this time next year, I am hoping we will have had the ATH Time will tell
INDEX:BTCUSD
by Orriginal
Banknifty Intraday Analysis for 9th January 2025NSE:BANKNIFTY Index closed near 49835 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 51000 Strike – 16.19 Lakh 50000 Strike – 9.27 Lakh 50500 Strike – 6.16 Lakh Put Writing 50000 Strike – 12.27 Lakh 49000 Strike – 11.97 Lakh 49500 Strike – 6.80 Lakh Index has resistance near 50400 – 50500 range and if index crosses and sustains above this level then may reach near 50900 – 51000 range. Index has immediate support near 49500 - 49400 range and if this support is broken then index may tank near 49000 - 48900 range.
NSE:BANKNIFTY
by RKMAURYA
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Round Bottom Breakout in MGEL BUY TODAY SELL TOMORROW for 5%
NSE:MGEL
by Kapil-Mittal
2
Nifty SpotIn as much as a Bounce came from Almost the Channel bottom...... yet time and again... NS has shown that it is willing to go below this 3-4 times to give ONLY A DEAD CAT BOUNCE.... Many here may have thought that the End of the Slide was Today .... but I very Much doubt it. I have given you all the Short wave and the Whole Wave Retracement..... and 1 thing stands common between both..... NS COULD NOT EVEN RISE ABOVE NOR CLOSE ABOVE THE 23.6% of the entire Rise/ Fall. I WAS COMPLETELY WRONG AND I HUMBLY ACCEPT MY FAULT IN MY CYCLE ANALYSIS. I was Pretty Sure that we would hit a BOTTOM between 7-9th Jan. I don't think we will. Even if we do...... it will just be an Extension of more Severe Downsides to come. This is why i don't invest, I only Trade.
NSE:NIFTY
by deepgups
#Nifty directions and levels for January 9th, Thursday:Good Morning, friends! 🌞 Here are the market directions and levels for January 9th, Thursday: Market Overview: The global market continues to maintain a moderately bearish sentiment (based on the Dow Jones), and our local market is reflecting a similar outlook. Today, the market is likely to open with a neutral to slightly gap-down start, as the Gift Nifty indicates a -40 point negative opening. In the previous session, both Nifty and Bank Nifty first half fell drastically, and the second half took a solid pullback. This structure and sentiment suggest an unclear direction for the current market, so we should approach this a little bit conservatively. Let’s look at the charts. Bullish View: The bullish view indicates that even if the market opens with a gap-down, it could take a minor pullback. If this happens, the immediate resistance could be the pullback target. However, until it breaks the immediate resistance 23761, the market could consolidate between 23761 and 23546. If it breaks the immediate resistance, we can expect pullback continuation. Bearish View: This is similar to the first one, meaning initially we can expect a range-bound market. If it breaks the bottom of the range, we can expect a continuation of the correction. This is today's basic structure.
NSE:NIFTY
by Manickamtraders
Crude oil holding sell trade from 6365 , Target on chartDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:CRUDEOIL1!
by JaiPrakashShuklaHarmonicTrader
1
Silver holding buy from 29.95 , upside Target on chart Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
OANDA:XAGUSDLong
by JaiPrakashShuklaHarmonicTrader
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD Here’s a detailed description for today’s bearish entry in EUR/USD: --- ### **Title** *"EUR/USD Intraday Outlook: Bearish Momentum Resumes | Dollar Strength Dominates"* #### **Market Context** *"EUR/USD faces renewed selling pressure as dollar strength reasserts itself. Hawkish Federal Reserve expectations and cautious global sentiment weigh on the Euro, maintaining the pair’s bearish outlook."* #### **Technical Analysis** *"Today's sell entry is supported by: - **Trend Structure**: Lower highs and lower lows continue to dominate the price action. - **EMA Analysis**: Price remains below the 20 and 50 EMAs, signaling bearish momentum. - **RSI**: Dipping below 45, reflecting increased selling pressure. - **MACD**: Negative crossover with expanding histogram bars, reinforcing the downside bias. **Key Levels**: - **Support**: 1.0530 (immediate), 1.0510 (critical level). - **Resistance**: 1.0560 (intraday), 1.0580 (key barrier). Staying below 1.0560 keeps the sell momentum intact."* #### **News Context** *"Upcoming: U.S. JOLTS Job Openings and Eurozone Sentix Confidence Index could provide intraday volatility. Previous: The Euro continues to struggle amid subdued economic sentiment in the Eurozone."* #### **Call to Action** *"Can EUR/USD sustain its bearish momentum and break below key support levels? Share your trade setups and strategies below!"* --- Let me know if this fits your requirements or needs modifications!
Short
by RBSBALA
Market Analysis for 9 January 2025: Key Levels and InsightsStop-losses are placed near the levels of 23,500 and 24,200. The market is currently not ready to break the 23,500 level. The levels of 23,500 and 23,700 have become significant, with the market trading in a range between 23,700 and 23,500. For now, the levels of 23,550, 23,650, and 23,750 should be monitored closely. Today, the market closed above the 23,520–23,540 range, indicating a possible upward movement, as an "M" pattern has formed near the 23,500 level. and hence the market tried to find support at 23600 and 23500 key levels today. If the market breaks 23,500 and then 23,465, sustaining below 23,440, it may move down to 23,350. Currently, the market is moving within a parallel channel. Disclaimer: This analysis is for informational purposes only and not financial advice. Trade at your own risk.
NSE:NIFTY
by shilpaaG
FUNDAMENTAL SERIES SCRIPT - 3Angel One Ltd. Sector : Finance | Industry : Finance - Stock Broking Why I am Buying this stock again? Reasons :- Cup & handle Chart pattern Big Volume High growth potential Company posted highest ever Quarterly Results Last 5 years Compounded Profit Growth - 70% Company has a good return on equity (ROE) track record: 3 Years ROE 45.2% There is a one time expense of 114 CR (IPL Advertisement). Due to this expense profit margin is decrease in Jun 2024 Quarter IPL Spending has proven to be very beneficial for the company, which will help Angel One to gain clients & brand visibility. Percent of population investing in stock markets US - 55% CHINA - 13% INDIA - 5% High growth potential for next 15 to 20 years only For educational purposes
NSE:ANGELONELong
by RISINGSTONE
SAPANDANA SPHOORTY READY FOR ALL TIME HIGH ?NSE:SPANDANA (Spandana Sphoorty Fin Ltd.) This can be considered as my New Year Pick !! Yesterday, Longs were given around 375 Mentioning that Any dip till 300 to be bought ! For Targets🎯400 / 425 / 444 / 462 / 488 / 505 / 520++ POSITIONAL TARGET🎯 555 / 578 / 606++ Keeping WCBSL as 284 Chart which was made yesterday ie. 07/01/2025 Today, It made a high of 480++ 375------>480++ T4 Done🎯🎯 More Than 25% Returns in single session !!💕😍 Updated Chart as of now ie. 08/01/2025 This move was captured..... ============================================================= Technical Setup: 1) More than 60% down from recent highs of 1200 levels 2) Falling wedge pattern on chart 3) Breakout of Falling Wedge can be seen... 4) Available at cheap valuations 5) Indication of Bottoming Out with High Volumes !!! ============================================================= Regards, Harm⭕nics4Life 08/01/2025 ============================================================= Disclaimer & Risk Warning I am not sebi registered analyst. My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.....Good Luck!
NSE:SPANDANALong
by Harmonics4Life
Concerns about interest rates put pressure on BitcoinThe world's largest cryptocurrency once surpassed the $100,000 mark thanks to a prolonged recovery from the late December drop. However, losses on Tuesday and Wednesday wiped out this recovery entirely, bringing Bitcoin back near its late December lows. Bitcoin fell 0.3% to $96,607.7 at 12:49 AM ET (5:49 AM GMT), after losing more than 5% on Tuesday. Bitcoin also faced profit-taking pressure after an impressive 2024. Most of Bitcoin's gains followed Donald Trump's victory in the presidential election, as he promised to implement pro-cryptocurrency policies. However, the cryptocurrency market is now awaiting further signals on Trump’s policy plans as he assumes office on January 20. December’s Purchasing Managers' Index (PMI) data, while painting a brighter picture of the U.S. economy, also raised concerns that inflation may persist in the coming months, giving the Fed more reason to reduce interest rates gradually. The central bank downgraded its rate-cut forecasts for 2025 in its December meeting, citing concerns about persistent inflation and confidence in the labor market. Fed officials reiterated this message earlier this week. Prolonged high interest rates are unfavorable for speculative assets like cryptocurrencies, as they limit the liquidity flowing into this sector. This trend hurt the cryptocurrency market throughout 2022 and much of 2023. CFD Trading Strategy with BTC The larger trend on the H4 timeframe is showing the formation of a parallel descending channel, with strong bearish candlestick closures on both H4 and D1. The analyst's view remains to wait for price retracements to key resistance levels and main FIBO levels to look for SELL opportunities. SELL ZONE: 96,750 - 97,250 SL: 99,000 TP: 94,000 - 92,500 - 90,000 - ???? Strictly adhere to the Take Profit (TP) and Stop Loss (SL) levels to ensure account safety. GOOD LUCK!
BINANCE:BTCUSDShort
by KevinNguyen-SimpleTrade
Sideways gold strategy waiting for NONFARM January 9, 2025Analysis and Trading Strategy for Gold Today: 1. Fundamental Analysis: US Weekly Unemployment Claims: Data from last week showed significant improvement, indicating a strong job market. However, when combining the weak ADP Payrolls data and the dovish stance of FED's Waller with the strong Unemployment Claims data: FED's Waller does not believe severe tariff policies will be implemented. In the short term, he also does not expect tariffs to have a significant impact on inflation. => This indicates that FED's Waller remains dovish, which may soon provide support for Gold to rise again and further. 2. Technical Analysis: Based on the data and aligning it with technical analysis, the current trend remains bullish as yesterday's news maintained a dovish tone for both Gold and USD. Looking at the charts, the H1, H2, and H4 timeframes all display an uptrend within a parallel price channel in recent days. Today (Thursday): There are no significant news releases. We’ll have to wait until Friday's NONFARM Payrolls, which are expected to trigger a strong price movement (potential range of 40-50 pips). M30 Chart View: There is still an uptrend visible in this timeframe. Today's expectation is for Gold to continue sideways within a range of 15-20 pips while waiting for Friday's key news. The main strategy is to wait for the price to drop to important levels and then BUY. Trading Strategy: BUY SCALP: Entry: 2652 - 2650 Stop Loss (SL): 2647 Take Profit (TP): 2656 - 2660 - 2664 BUY ZONE: Entry: 2646 - 2644 SL: 2640 TP: 2650 - 2654 - 2658 - 2664 - 2670 SELL ZONE: Entry: 2670 - 2672 SL: 2676 TP: 2665 - 2660 - 2656 This is the price range where I expect the market to move 70-80% of the time today, especially during the Asian and European sessions. If there is a larger movement or unexpected news, backup levels are as follows: Resistance: 2680 - 2688 Support: 2636 - 2627 I’ve already noted these levels, and any significant changes will be updated promptly. Important Notes: Be cautious and strictly adhere to TP/SL levels. Never remove SL, as small mistakes are easier to fix, but large ones are much harder to recover from. GOOD LUCK!
OANDA:XAUUSD
by KevinNguyen-SimpleTrade
DJIA : Head & Shoulder Pattern ( Very Bearish )A very bearish n very result oriented Head & Shoulder Pattern is in formation. When DJIA closes below /breakdown neckline 42200 with high volume. Then DJIA will be heading towards 40000. After downtrend with minor pullbacks it will be heading to 40000. It means A long term downtrend has been started for quite a long time. All above assumption will be negated when DJIA closes above 44400, then a very big upward move will be seen. 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.
TVC:DJIShort
by maneeshaggarwal