Nifty intraday key levels for 10.02.25Hi,
* Please mark the levels in your chart and get prepared for 10th Feb.
* These Support and Resistance levels have good accuracy.
Resistance zone
R1 23650-23670
R2 23740-23770
Support zone
S1 23460-23420
S2 23350-23290
* GAP ZONE 23420 - 23380
Regards
Bull Man
Community ideas
Bitcoin Bybit chart analysis February 7Hello
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.
Here is the Bitcoin 30-minute chart.
The Nasdaq indicator will be released at 10:30. (Non-farm index)
Since it is a sideways section and there are so many variables in the Nasdaq,
I proceeded as safely as possible.
Also, the sideways section is difficult and complicated to explain,
but today, the participation rate was good, so I proceeded simply and mildly.
*Red finger movement path
Long position strategy (final short)
1. 96,727 dollars long position entry section / cut-off price when the green support line is broken
2. 100,445.5 dollars long position 1st target -> Top 2nd target until the weekend
After reaching the top section, switch to a short position
Check the live support line and price range
The first section at the top is a sideways market
From the first section breakout, an upward trend can be connected. If you don't touch the first section and come down right away,
the second section becomes the final long position,
and the MACD dead cross imprint on the weekly chart during the weekend is the main key point.
Even if it breaks through the top section and continues to rise,
the dead cross may continue to press down next week,
so it could be a headache.
If you look at the bottom,
from the current position to the sky blue support line of $98,912.5 (safe zone)
and maintain it without breaking away from the bright sky blue of $92,796 at the bottom (danger zone),
it would be good.
You may have been surprised by the sudden decline last week due to Nasdaq and Trump,
but as I explained last time, since the movement is within the expected range,
it seems that the direction will be revealed to some extent after this week.
I ask that you simply refer to and use my analysis so far,
and I hope that you operate safely with principle trading and stop loss prices.
You worked hard this week too.
Thank you.
BSE Bombay Stock Exchange Technical👉🇮🇳As per recent data on chart of #BSE #BombayStockExchange has shown significant trading volumes, especially in derivatives like options and futures, indicating active technical trading. The Sensex has been noted for setting new records, suggesting bullish trends that technical analysts would interpret through various indicators. but in my view top has been made please find the 📉chart for your reference.
#bseltd ❣️ #renderwithme #stockmarketsindia #ShareMarket #Nifty #Nifty50 #MarketNews
Parallel channel breakout with retest in Laurus LabsNSE:LAURUSLABS
A bullish parallel channel breakout has happened with a retest at 550 levels.
Currently on a weekly level stock can go past 600 with a buying price at 570-580 levels & subsequently increase beyond 600.
A SL of 450 with a higher target of 700, 900 & 1100 can be achievable in 1 1-year time frame.
KALYAN JEWELLERS how much it can go up?Wave (c) of Elongated Flat Correction finished near 420 price level in KALYAN JEWELLERS.
It is observed that whenever there is Elongated Flat Correction (wave (c) will go beyond 161.8% extension), the price further tends to go in Double Correction.
Now, after every Flat Correction, price will go 61.8% retracement of entire move most of the times.
So we can assume here that KALYAN JEWELLERS will continue in uptrend upto 61.8% (near 652 level) and here it may form wave (X) of Double Correction. Price may then reverse again to form wave (Y).
This analysis is based on Elliott Wave theory and Fibonacci.
This not any buying or selling recommendations.
This analysis is for educational purposes only.
EVEREADY-EQ on the verge of a mega breakout, try not to miss.EVEREADY-EQ has managed to break its 2015, ~360 ATH resistance multiple times and this time is sustaining close to those levels.
we can see couple of patterns breakouts namely, inverse H&S and C&H on weekly and monthly time frame. However, the pattern that i would like to draw your attention is C&H pattern.
the C&H pattern breakout has already happened and price is retesting its pattern breakout.
price is most likely to rally and the targets are 550 - 750 - 900 - 1000.
its is recommended that people trade according to their risky capacity.
Rico Looking For Reversal After Making King CandleToday, NSE:RICOAUTO made a King Candle with High Volumes and came back to its Resistance Zone. If it can neget it A Swing can be seen.
200 DSMA Will be the Target and 10 DSMA as SL.
📌Thank you for exploring my idea! I hope you found it valuable.
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✍️COMMENT Below your views.
Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Amazing breakout on WEEKLY Timeframe - AARTIPHARMCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
elliot waves in HONDA POWER PRODUCTSHonda India Power Products Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 2,503.41 Crore) operating in Electric/Electronics sector.
Honda India Power Products Ltd. key Products/Revenue Segments include Electrical Equipment, Export Incentives, Sale of services, Other Operating Revenue and Scrap for the year ending 31-Mar-2024.
For the quarter ended 30-09-2024, the company has reported a Standalone Total Income of Rs 187.09 Crore, up 20.78 % from last quarter Total Income of Rs 154.90 Crore and down 36.90 % from last year same quarter Total Income of Rs 296.50 Crore. Company has reported net profit after tax of Rs 8.54 Crore in latest quarter.
The analysis posted on the chart is for study purposes only and not a buy or sell recommendation
Gold Price Analysis: Record Highs Continue Amid Safe-Haven DemanHello everyone, it’s great to see you again for another discussion on today’s gold prices!
Gold continues its strong bullish momentum, with all-time record highs showing no signs of stopping. Currently, gold is trading around $2,930, marking a $21.50 gain (0.75%) in the early session of the new trading day.
The precious metal extended its record-breaking rally on Monday, surpassing the critical $2,900/ounce level for the first time. This surge is fueled by increased safe-haven demand as concerns rise over a potential trade war and inflation, following former U.S. President Donald Trump’s renewed threats of imposing new tariffs.
The tariff war has been a key driver behind gold's recent rally, reflecting heightened uncertainties and tensions in global trade. If this trend continues, gold could gain further advantages in the market.
Currently, investors are eagerly awaiting the release of the Consumer Price Index (CPI) and Producer Price Index (PPI) data later this week. If CPI and PPI unexpectedly decline, it could pressure the U.S. dollar and push gold prices even higher.
EURJPY - TRADING AT DEMAND ZONESymbol - EURJPY
EURJPY is currently trading within a important support zone. This level has acted as a solid base for price action, offering stability to the currency pair and providing key support for the ongoing trend.
At current market price (CMP 156.50), EURJPY presents a promising opportunity to initiate long positions. The current price level aligns well for potential upward movement, making it a favorable entry point for traders looking to take advantage of the prevailing trend.
However, it is crucial to monitor certain levels for any signs of trend reversal. A breakdown below the 155.25 area could trigger additional selling pressure, and a sustained move below 155.00 would confirm a shift from a bullish to a bearish market structure. In such a case, a retest of the breakdown zone could offer a good opportunity for short positions.
Conversely, if EURJPY continues to recover, we could see a push toward the 158.67 and 160.85 levels, which represent key resistance areas. A successful breakout above these levels would likely signal the continuation of the bullish trend, suggesting further upward momentum.
Key Resistance Levels: 158.70, 159.90, 160.85
Key Support Levels: 156.00, 155.25
Paytm - Technical🇮🇳👉#Paytm shares have seen significant volatility. There was a notable surge of 4.53% on February 3, 2025, reaching an intraday high of ₹783, following strategic moves and renewed investor confidence. However, the stock has experienced a rollercoaster ride, with a 52-week low of ₹310 in mid-2024 due to regulatory concerns and a peak at ₹1,062.95 during the fintech boom of early 2024.🤞
➡️💘 Here a Technical 📉Chart about Paytm based on recent data for your reference
GBPUSD: Sustaining the decline below 1.2400?Dear traders, let's analyze and develop a strategy for GBPUSD together!
At the start of the new trading session, GBP/USD shows a downward trend, falling to 1.2400 with consecutive red candles and no signs of stopping. This occurs as the US dollar gradually strengthens following US President Trump's latest tax threats and growing concerns about a global trade war.
As noted on the 1-hour chart, GBPUSD remains below a crucial support level, which now acts as strong resistance. If price breaks above this threshold, GBPUSD will trigger a new bullish movement. Conversely, the price will decline further.
Based on my perspective, I'm betting on a downward expectation as GBPUSD continues to move below both EMA 34 and 89 lines, along with the descending Trendline.
Wishing you successful trading and profitable returns.
USD/JPY Drops Sharply, Targeting 149.91USD/JPY continues its downtrend as sellers dominate the market, with the price hovering around 152.00. The 4-hour chart shows that the pair remains pressured below the 34 EMA and 89 EMA, reinforcing the bearish momentum. The Japanese Yen is gaining strong support as Trump's new tariffs fuel demand for safe-haven assets, while expectations that the Bank of Japan (BoJ) will continue raising interest rates further strengthen the JPY.
The key resistance at 152.33 will be a crucial test. If the price reaches this zone but fails to break through, selling pressure is likely to resume. The nearest support at 149.91 plays a critical role—if it breaks, USD/JPY could slide further toward 149.50 or lower.
Sell on pullback to resistance:
Entry: 152.30–152.50
Take Profit (TP): 149.91 and further at 149.50
Stop Loss (SL): 152.80
Sell on support breakout:
Entry: When the price breaks and closes below 149.91
Take Profit (TP): 149.50
Stop Loss (SL): 150.30
Gold Next Target 3000$ ?Key points: fundamental
⚡Trump raises tariffs on steel and aluminum imports
⚡Bullion hits record high of $2,942.70 per ounce
⚡Gold bulls lock in $3,000/oz milestone in sight
📊 Market Overview:
Gold continues to break all-time highs, currently trading around $2940 - $2942. Despite a temporary pause at this resistance level, geopolitical uncertainty and economic conditions suggest that gold could soon reach the psychological $3000 mark .
✅ Trend Analysis:
The overall trend remains bullish, with price following an ascending trendline (dashed).
Strong buying momentum is visible, as price has made higher highs and higher lows.
Final Thoughts:
🚀 Gold remains bullish, but traders should watch how price reacts around key Fibonacci levels and the trendline.
📊 A break above $2,931 can push price higher, while a rejection could lead to a pullback before another bullish move.
📢 Keep an eye on key economic events (seen on chart) that may impact volatility!
Would you like me to suggest entry/exit points based on your strategy? 🎯
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
easy trade? must have stock on ur watchlist!!this company makes profit every quarter without fail
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 32.2% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 41.9%
Company has been maintaining a healthy dividend payout of 44.3%
Market Cap ₹ 63,184 Cr.
Stock P/E 52.5
Baata India Pvt Ltd - Technical🥰😍🇮🇳#BATAINDIA was originally incorporated as Bata Shoe Company Pvt. Ltd. in 1931. It was established in Konnagar, near #Kolkata and later moved to Batanagar. The company went public in 1973 and changed its name to Bata India Limited.
👉Here a #Technical 📉Chart about the company based on available information