Scanner Scans - Nestle, JSWsteelGet out on the previous one as it still is under consolidation.
Got in on two other counters as they are bouncing from a recent low.
Community ideas
forex and gold forecast for this week 1/09/2024 to 6/09/2024
Hey there!
It sounds like you’re ready to dive into the markets next week. Here are some key points to consider for your trading strategy:
Gold (XAU/USD)
Trend: Gold is in a consolidative phase around $2,500. Watch for a breakout above $2,532 for potential bullish momentum.
Support/Resistance: Key support at $2,470 and resistance at $2,532. A break above $2,532 could target $2,550 and $2,600.
Factors: Keep an eye on US PCE inflation data and geopolitical tensions, especially between Russia and Ukraine.
Forex (USD)
US Dollar: The USD might face bearish pressure. Focus on employment data and Federal Reserve decisions.
Key Influences: Potential Fed rate cuts and economic data like retail sales and employment figures will be crucial.
Trading Direction
Gold: If gold breaks above $2,532, consider long positions. If it falls below $2,470, short positions might be favorable.
USD: With bearish pressure, look for opportunities to short the USD against stronger currencies.
Best short to mid term stock-Alkem LaboratoriesKindly see my trendline analysis for Alkem laboratories and check the levels. DO your own analysis
Rsi and Rsi Divergence #NSEThe Relative Strength Index (RSI) is a widely used momentum oscillator in technical analysis that helps traders identify overbought or oversold conditions in a market. Here’s a brief overview:
Interpretation:
Overbought: An RSI above 70 suggests that the asset might be overbought and could be due for a pullback.
Oversold: An RSI below 30 indicates that the asset might be oversold and could be due for a bounce.
Usage: Traders often use RSI in conjunction with other indicators to confirm signals and make more informed trading decisions..
It can be Hanging man at topStudy suggest that hanging man at top , volume candle seems bearish ,
if nifty closes below todays low on monday then , it may give good downtrend.
May touch 24000 or below
if it is hanging man at top than , it will give good bungee jump
Goldiam and Mawana Sugars are making same patterns I make educational content videos for swing / positional trading
SMC ConceptsPost Market Analysis for 29th August 2024 for nifty and banknifty using smart money concepts
COCHINSHIP - Momentum Analysis & Trading ProcessIn this video we look at how:
- a trading process is very important
- to ride a Momentum trend
- to plan exits.
Amazing Positional / Swing trading idea for August end I make educational content videos for swing / positional trading
Bank of IndiaHello and welcome to this analysis
Since end Jan we have see the stock consolidate and drift down, prior to that for 4 years the stock gave a strong rally.
Crucial support at 90-95 with strong resistance at 150.
Investors could look to accumulate as medium to long term outlook remains very strong.
Had covered Union Bank of India earlier this month. Link is given below, can check the analysis for it too.
Happy Investing
How To Draw Support and ResistanceHorizontal Support and Resistance Levels:
These are drawn using horizontal lines based on price points.
Support Levels: Identify areas where the market had difficulty breaking below. These levels often have a cluster of buy orders.
Resistance Levels: Represent price points where the market struggled to break above. Sellers tend to enter around these levels.
Round-Number Levels (Psychological Levels):
These occur around round exchange rates (e.g., 1.00, 1.10, 1.50).
Traders pay attention to these levels due to their psychological significance.
Trendline Support and Resistance:
Draw upward or downward sloping trendlines using at least two price points.
Trendlines help identify dynamic support and resistance.
ADVANCED PCR TRADING #NSE #BSE #Option'sWhat is the PCR Ratio?
The PCR measures the relative trading volume of put options (bearish bets) to call options (bullish bets) in the market.
It’s calculated as:PCR=Open Interest of Call Options / Open Interest of Put Options
Interpretation:
PCR > 1: Indicates bearish sentiment. More put options are being traded, suggesting traders are hedging against potential declines or speculating on downward moves.
PCR < 1: Signals bullish sentiment. More call options are traded, indicating traders expect price increases or are hedging short positions.
PCR = 1: Suggests a neutral sentiment where buying and selling pressures are balanced.
Why PCR Matters:
Sentiment Gauge: The PCR reflects market sentiment. Tracking changes helps you gauge optimism or pessimism.
Contrarian Indicator: Extremely high PCR may signal excessive pessimism, potentially leading to reversals.
Detailed analysis on Laxmi Organic on Monthly time frameI make educational content videos for swing / positional trading
BANKNIFTY/NIFTY ANALYSIS FOR 28TH AUGUST 2024This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
#niftypredictionfortomorrow
#niftyoptions
#NiftyBank
#nifty50
#nifty500
#niftytomorrow
#niftytoday
#NiftyCE
#bankniftyoptions
#sensex
#sensexindia
#sensextoday
#bankniftytips
#bankniftyanalysis
#bankniftytrading
#bankniftyoptions
#finnifty
#bankniftystrategies
#niftystrategies
#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
#bankniftyfuture
#bankniftytomorrowprediction
#bankniftyoption
#niftyweeklyexpiry
#stockmarketinindia
#derivatives
#niftypredictions
#niftytips
#bank nifty analysis,
#bank nifty prediction for tomorrow,
#bank nifty analysis
#bank nifty tomorrow,
#nifty prediction for tomorrow,
#nifty prediction,
#nifty analysis,
#banknifty tomorrow,
#bank nifty tomorrow analysis,
#nifty tomorrow,
#bank nifty analysis for tomorrow,
#nifty analysis for tomorrow,
#stock market crash,
#stock market latest news today,
#bank nifty live,
#live trading bank nifty,
#nifty live trading,
#live trading,
#bank nifty live trading
#OPTIONS
#OPTION
#optionbuying
#optiontrader
#optionselling
#optiontrading
#optionstrategey
#optioncall
#optionput
#optionexpiry
Break Out for 26 AugTrading is a game of Probabilities.
When you figure out that a trade is a losing trade within a few days of buying, don't shy away from exiting it instead of hoping for it to move
Big winners move from day 1 and give follow through on day 2/3 and keep moving higher by at least 15%-20% in 1-2 weeks.
BankNifty Analysis: To go Long or Short?We look at three things in BankNifty:
1. Whether to go Long or Short, & why
2. Timeline of the trade.
3. Components of BankNifty & their analysis.
2 Amazing swing trading idea for 27 August Markets I daily make educational content videos for swing / positional trading
BANKNIFTY/NIFTY ANALYSIS 27TH AUGUST 2024This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
#niftypredictionfortomorrow
#niftyoptions
#NiftyBank
#nifty50
#nifty500
#niftytomorrow
#niftytoday
#NiftyCE
#bankniftyoptions
#sensex
#sensexindia
#sensextoday
#bankniftytips
#bankniftyanalysis
#bankniftytrading
#bankniftyoptions
#finnifty
#bankniftystrategies
#niftystrategies
#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
#bankniftyfuture
#bankniftytomorrowprediction
#bankniftyoption
#niftyweeklyexpiry
#stockmarketinindia
#derivatives
#niftypredictions
#niftytips
#bank nifty analysis,
#bank nifty prediction for tomorrow,
#bank nifty analysis
#bank nifty tomorrow,
#nifty prediction for tomorrow,
#nifty prediction,
#nifty analysis,
#banknifty tomorrow,
#bank nifty tomorrow analysis,
#nifty tomorrow,
#bank nifty analysis for tomorrow,
#nifty analysis for tomorrow,
#stock market crash,
#stock market latest news today,
#bank nifty live,
#live trading bank nifty,
#nifty live trading,
#live trading,
#bank nifty live trading
#OPTIONS
#OPTION
#optionbuying
#optiontrader
#optionselling
#optiontrading
#optionstrategey
#optioncall
#optionput
#optionexpiry
2500O OR 24600? Weekly Wrap #nifty 26th Aug 2025 #tradeplanFirst Step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
*Trend is UP
*Trade plan: Buy on Dip
*for Critical levels see the video
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade.
