Sel trade in Gold from weekly zones Intiating a sell trade in gold . Gold took rejection from weekly supply zone . Targeting Demand zone with sl above swing supply zone . This trade will be valid till this week Friday.
Community ideas
XAU#5: Next trading plan for XAU
💎 💎 💎 Plan#4 OANDA:XAUUSD above helps you make a profit. Please leave a comment and tag your friends to share. 💎 💎 💎
In the previous post. I noted to everyone that the price is in the support area and we can look for opportunities to establish a position. Currently, the price is running according to plan. I have summarized the things to pay attention to in the article below:
1️⃣ **Fundamental analysis:**
📊 The US dollar continues to fall after Trump's inauguration speech. A series of executive orders were signed. Highlights: Trump threatens to impose 25% tariffs on Mexico and Canada, gold rises near two-month high
🔴 Limited expectations: Some officials have emphasized that any tariffs will be implemented "in a controlled manner," but Trump's new statement has increased uncertainty.
📌 The market is in a state of fear due to Trump's decisions, which has been the main driver of gold's increase in recent times.
2️⃣ **Technical analysis:**
🔹 **Frame D:** The uptrend continues to be promoted. Yesterday ended with a pinbar, so today's price push is also suitable from a technical perspective. The price approached the resistance zone but the reaction was weak. Therefore, the possibility of prices continuing to increase in the near future is high
🔹 **Frame H4:** The key zone has been broken in the H4 frame. The price continuously tested support to break higher, showing stability in market sentiment. There are no signs of a trend reversal yet.
🔹 **H1 frame:** The price structure is very clear. Although it is in the trendline area, the reaction is insignificant. The strong increase in the Asian session brings many possibilities of a sudden change in the US session and expanding the price channel.
3️⃣ **Trading plan:**
⛔ Absolutely do not block SELL in this area. Going against the trend when the news and the price line are supporting each other can lead to large losses and make trading psychology unstable
🚀If you already have a BUY position in the support area I marked yesterday, we can completely expect a higher profit. If you do not have one, you can refer to the yellow arrow plan.
💪 **Wishing you successful trading!**
📌 For any questions, please contact directly. I am ready to answer you for free
XAUUSD outlookXAUUSD below 2624 bearish trend ....until sell on raise ....tomorrow by 3 PM IST target will be S1 or S2 ..,.
BSE for IntradayAs we see on Daily time frame we find divergence in RSI and even stock is at ATH expecting some correction for intraday levels are marked on chart Just a View not a Reco...
Dixon - Cloud Breakdown and retest doneOn houry TF, the price broke down from the cloud and in today's (27th Dec) first hour upmove, price hit the cloud top and seen strong supply/rejection from there. It hasnt given the short signal yet, but on watchlist.
On daily, looks like the last leg of rise is a throwover move on the upside. Waiting for the price to come inside the wedge for confirmation
Buying Opportunity in Axis Bank??Quartey Result Outlook
In Q3FY25, Axis bank reported a year-on-year increase of 8.6% in Net Interest Income (NII), reaching INR 136,059 million.
The Bank reported a Pre-Provisioning Operating Profit of INR 105,339 Mn for the quarter, reflecting a year-over-year growth of 15.2%, although there was a slight decline of 1.7% quarter-over-quarter, primarily driven by improvements in operating efficiencies.
In Q3FY25, net profit experienced a year-over-year increase of 3.8%, reaching INR 63,038 million. The slight increase can be attributed mainly to elevated provisions amounting to INR 21,556 Mn for the quarter.
The operating performance aligned with our expectations; however, increased provisions led to an earnings shortfall relative to our estimates.
The increase in slippages for Q3FY25 can be attributed mainly to the retail segment, where there is noticeable stress in unsecured loans, particularly personal loans and credit cards.
Axis bank is systematically addressing slippage risk by implementing improved portfolio monitoring, establishing early warning triggers, and adjusting risk policies accordingly.
The estimates for book value in FY26E and FY27E have been reduced by 2.3% and 4.0%, respectively, due to the potential for increased provisions and limited business growth.
Source: Moneycontrol
Technicals
The price of Axis bank has fallen sharply in the recent weeks.
The stock price has fallen below all the key EMA levels (20, 50, 100, 200).
It has strong support around 986 levels
Resistance levels: 1093, 1186, 1273, 1339
Verdict: Most of the analysts have given positive rating with at least 20% upside in the stock price.
NZDUSD: The Calm Before a Bearish StormNZDUSD has broken below the 50/20 EMA on the 4-hour timeframe chart. The price experienced a sharp decline, followed by a corrective pause that appears to form an expanded flat correction. Wave (C) completed at 0.5692 . The ATR has decreased to 0.00189 , while the ADX has dropped to 22.87 .
The impulsive move is expected to occur downward. If the price breaks below wave B at 0.55870, it may reverse from the following targeted Fibonacci levels : 0.5555 (1.618) and 0.5470 (2.618).
We will update further information soon.
NIFTY Levels for January 21, 2025
NIFTY Levels for Today
Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both.
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels.
The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes /boosts gives us motivation for continued leaning and sharing ideas.
NIFTY - Correction. Breakdown two support linesNifty breakdown both green and black color trendline in day time frame. Next strong support zone is 21800 which is marked in orange line.
Dow Theory on Nifty50 chartDOW THEORY UPDATE-
After New Dow Bottom "X", now we have made new Dow Top "Y" as well. By seeing market condition, I feel X can be broken soon but if we cross the Dow top "Y" first then that will ends the downside officially.
W is the previous significant swing high here.
X is the current significant swing low here.
Y is the current significant swing high here.
nifty pre budget analysis nifty made triple bottom as per chart strong support find 23110@ if stya blow thna next down fall 22800--700++ son yes only abv 23440 looks trend reversal for short term pre budget rally
Newgen in Blue Sky.NSE:NEWGEN showed a strong upmove today Crossed Key Levels and Hit an all-time high, with RSI bouncing back Sharply again.
Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade for Aggressive Swing Trader.
For Postional Trade let it cool down a bit and then try to enter at swing low.
Target(Take Profit):
1977 will be Levels for Swing/Positional Trader.
Stop-Loss:
Around 1534.15 For Swing Trade and Positional Trader.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FLLOW for more
👍BOOST if useful
✍️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.
Gold New Selling Signal Active Good morning Guys Here Is the Today Trade Plan Don't Miss Gold Safe Selling Areas 2725/2730 Target
Tp1 2720
Tp2 2710
TP3 2700
JBMA LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure.
The Elliott Wave analysis indicates that the stock has completed waves (i),(ii),(iii) and (iv), which are shown as blue numbers on the daily chart. Wave (v) appears to be underway at this time.
Wave (v), also known as the impulse wave, unfolding into five waves, which are illustrated in red.
wave i and ii is finished and wave iii ( in red colour) will unfold in sub waves shown in black circle.
Black circle wave 1 and 2 is about to finish and wave 3 (in black circle) will start.
Wave levels are depicted on the chart.
Level of Invalidation
The invalidation level of 1388 has been identified as the start point of wave i of wave (v). If the price falls below this level, it means that the projected Elliott Wave pattern is not as it appears.
I'm not a registered Sebi analyst. My research is done solely for academic purposes.
Please consult your financial advisor before trading or investing. I bear no responsibility for your profits or losses.
Regards,
Dr Vineet
AARTIINDAs per Hekin candle we may see a upside once breaking of Resistance Trendline and levels are maked just a view not a reco...
RGL Global Ltd. Base Breakout!Analysis of Renaissance Global Ltd (RGL)
Technical Overview:
Base Breakout: Immediate resistance at ₹217.62.
Safe Traders: Wait for the ₹217–₹218 level to break with high volume and a strong Wide Range Candle (WRC) for confirmation.
Entry Level: ₹205.77.
Stop Loss (SL): ₹179.27 (12.88%).
Target 1 (T1): ₹251.60 (+22.28%).
Target 2 (T2): ₹297.10 (+44.45%).
Risk-Reward (R:R): 1:1.73 for T1, 1:3.45 for T2.
Technical Highlights:
Volume: Significant increase, indicating accumulation.
RSI: Gaining strength, showing bullish momentum.
Fundamental Overview:
Market Cap: ₹1939 crore.
P/E Ratio: 26.2 (compare with sector P/E for evaluation).
ROCE: 8.25%, reflecting mediocre efficiency.
Fundamentals aren't highly attractive but technicals suggest good potential.
Key Risks:
Sector Comparison: Evaluate P/E and ROCE against industry peers.
Breakout Strength: Ensure price sustains above ₹217–₹218 with robust volume for safer entry.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Trade based on your risk tolerance.
Gold's Looking Hot Gold's Looking Hot ❤️🔥
The way the price is behaving right now, it looks like it's gathering strength for another potential move up, though we might see some correction or consolidation first.
Overall Market Context:
The market structure is bullish on the 4-hour or on daily timeframe
There's significant buy-side interest as visible on volume profile
I can see Several liquidity pools likely exist below the recent swing lows so expecting some consolidation or correction(But not looking for sell ), After the pullback, if buyer momentum stays strong (which looks likely), we could see a push toward 2,760-2,780 (As marked on chart).
The Current support is at the upward trendline
Overall sentiment is clearly bullish and I am still holding buy entries on both Gold and Silver.
BankniftyAs per price action and trend analysis we may see bullishness in Banknifty as its structured has changed from down trend to uptrend based on the swing its making which are marked on chart just a view not a reco...
Nifty 15 min Chart Wave Analysis Nifty 15 min chart wave analysis
I study of nifty 50 chart time frame 15 min see motive wave from 23596.50 to 2347.25
after that market in consolidation phase
Question is how can read this consolidation phase ?
First is it is a corrective wave this correction is complexity of waves
Wave (w) as a internal abc
Wave (x) as a internal wxyxz
Wave (y) anticipate above 23274.....to 23480 -23500 range.......?
after that we can anticipate wave ((x)) or next impulse on lover end of channel at this point deciding factor for down side or again wave ((z))...?
it can be denoted as ((w))((x))((y)) because internal wave are in corrective wave formation and price travel in channel so possibility is upside for wave ((y)) after that down side view.
Disclaimer
it is my personal research only for education purpose not for buy and selling recommendation
i am not SEBI registered financial adviser.
Thanks
#Banknifty directions and levels for January 21st, Tuesday:Current View:
The current view, based on Elliott Wave analysis, suggests that if the gap-up doesn't sustain or if the market faces rejection around the immediate resistance, we can expect a minimum correction of 23% to 38% in the minor swing. This is a major support level, so until the 38% mark is broken, the trend remains bullish. Conversely, if it breaks the 38%, we can consider that a trend reversal.
Alternate View:
The alternate view suggests that if the gap-up sustains and consolidates or breaks the immediate resistance level, then the rally will likely continue. In this case, we can consider that a flag pattern or the third wave of the new impulse.
Bank Nifty: Dynamic Trendline Resistance and Support BreakdownChart Description:
Dynamic Resistance: Highlight the descending trendline acting as a strong resistance. Mark recent rejection points from this line.
Dynamic Support: Add the upward-sloping support line showing recent price bounces.
Key Levels:
47600: Potential target if support breaks, indicating a bearish continuation.
47600: Swing low zone, which could act as a short-term target in the bear trend.
Bearish Breakdown: Indicate potential price action if the dynamic support is breached, targeting levels below 47500.
Risk Management: Add possible stop-loss placement near the trendline resistance for short positions.
Idea Summary:
Watch for price rejection at the dynamic trendline resistance.
A breakdown of the dynamic support line will signal a bearish move.
Target levels: 47600 (swing low) and below 47500 in case of extended bearish momentum.
Disclaimer :
This analysis is for educational and informational purposes only. It is not financial advice or a recommendation to trade. Trading in financial markets involves significant risk, and you should only trade with capital you can afford to lose. Perform your due diligence or consult a financial advisor before making any trading decisions.
Jeyyam Global Foods cmp 54.0 by Daily Chart view IPO since listeAdd stock to your watchlist for progressive IPO Price Breakout outcome
Jeyyam Global Foods cmp 54.0 by Daily Chart view IPO since listed
- Resistance Zone at 58 to 60 Price Band
- Support Zone at 52.00 to 53.50 Price Band
- Price trending along the Rising Support Trendline
- Price is attempts to sustain above Falling Resistance Trendline
- Volumes seen inching above the daily average traded quantity
- Daily Support at 52 > 48 > ATL 44.60 with Resistance at 60 > 64.50 > ATH 69.90
Head & Shoulders Alert: Jain Irrigation Systems (JISLJALEQS)
Entry: Above ₹84.36 🚦(Safe Traders Wait for a close above )
Stop Loss: ₹68.41 (SL: -19%) 🛑
Targets:Target 1: ₹106.52 🎯 (+26.2%)
Target 2: ₹136.84 🚀 (+62.2%)
Risk-Reward Ratio:T1: 1:1.38
T2: 1:3.27
Profit booking is subjective. Book profits as per your appetite.
📈 Technical Highlights:
Pattern: Forming a Head & Shoulders (Positional pick).
Volume: Picking up significantly 📊.
Candle: Closed below major resistance with a wide-range candle.
DMA Levels: Trading above 30DMA & 50DMA, showing strength.
Bounce: Taking strong support at 30 & 50DMA.
RSI: Bullish momentum ⚡.
⚠️ Key Risks:
Trading against the trend. If markets fall, the probability of this trade failing increases 🚨.
Quarterly Results: Around the corner 🗓️, so be cautious of sudden volatility.
💡 Risk Management:
Position Sizing: Essential due to a deep SL.
Proper risk management is key for survival in case the market turns against this trade!
📋 Disclaimer:
This is not investment advice. Always conduct your due diligence and maintain strict risk management when trading. 🚩
