Pivot Points
UNIUSDT: Are We on the Verge of a Bullish Breakout?Yello, Paradisers! The UNIUSDT chart is shaping up with some bullish signals, but will they lead to the rally we're looking for? Let’s dive into the setup.
💎UNIUSDT is currently displaying a strong bullish market structure, forming an inverse head and shoulders pattern. This classic formation is known for signaling potential trend reversals—if it plays out, it could lead to a notable move upward.
💎If UNIUSDT breaks out and closes a candle above the resistance zone, it will confirm this pattern, significantly increasing the probability of a sustained bullish move.
💎In the event of a pullback, we could see a double-bottom pattern forming around the support zone. For those tracking lower timeframes, it may be wiser to wait for a bullish I-CHoCH, as it could improve the odds in our favor before entering.
💎On the flip side, if price breaks down and closes a candle below the support zone, it would invalidate our bullish scenario. In that case, patience will be key—waiting for better price action and stronger signals will keep us on the right side of the trade.
Remember, Paradisers, trading is a game of probabilities, not certainties. Only disciplined traders who can master the art of patience make it far in this market. Stay focused, stay sharp, and trade strategically!
MyCryptoParadise
iFeel the success🌴
CENTURYPLY Volume Dry Up Near BOCENTURYPLY has extreme volume dry up over the past 19-20 trading days. Keeping a SL of 4-5% around 795 gives a good entry as the stock has been in accumulation in prior weeks.
Sales has taken a good growth of 9%, 10% and 13% in the last 3 QoQ. This is a trend I particularly look for as beating QoQ in last 3 quarters in upwards trend is rare among stocks.
Tight SL entries supported with good volume dry up is something new that I am experimenting with so a small SL helps test this hypothesis out.
Accumulation helps certainly. Let's see how this plays out...
Gold - Bookish example for Morning/Evening StarA typical example of Morning Star and Evening Star in the same chart. Its a good time to consolidate Gold
Evening Star
Evening star patterns are associated with the top of a price uptrend, signifying that the uptrend is nearing its end
The first day consists of a large white candle signifying a continued rise in prices.
The second day consists of a smaller candle that shows a more modest increase in price.
The third day shows a large red candle that opens at a price below the previous day and then closes near the middle of the first day
Morning Star
The Morning Star pattern is a classic bullish reversal pattern in technical analysis. The pattern consists of three candlesticks: two large ones with different directions and a smaller candlestick between them.
Pre Market analysis -NIFTY 50 12th nov24Market Analysis NIFTY 50- 12 NOV 24 - NIFTY opening 24226 , immediate near Support - 24166 - PIVOT & bullish trendline 24082 if not sustained can go for breakdown
RESISTANCE- 24325 , 24347
#NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty #stockmarket #marketanalysis #nifty scalping #niftyview #niftyscalping #scalping #stockmarketview
FEDERALBNK Tightness Near BO [Daily]FEDERALBNK is near a daily timeframe BO with good accumulation. This is one of the banks looking good right now, volume dry up is not ideal to be honest near BO, so the setup might be a bit risky.
Tightness is though good near the pivot point so can get in here with a 7-8% SL which will be just under the 50 DMA line.
HDFCBANK is also under watchlist as its nearing a large weekly base BO. As of now though, FEDERALBNK is showing strength first to move ahead.
RS numbers have improved from 58 to 71 in last 3 weeks. So we are buying improving strengt.
Let's see how this goes...
Expectations from Asian Paints post Q2 FY 25Consolidated revenue stands at 8201 crores -5.12 % YOY and -10.13% QOQ
Consolidated earning at 693 crores -43 % YOY, -41% QOQ
Standalone revenue stands at 7050 crores -6 % YOY and -13% QOQ
Standalne earning 602 crores -48 % YOY, -49% QOQ
Personal View::
Not thinking of 48% decrease in share price to 1441 from 2772 (the traded price post Q1 FY 25, on 15 july 24).
The stock is bearish since sept 16 2024.
Expecting 2440-2525 to hold if coming week bearish momentum continue.
If open gap down below 2673 , -3.5% from last traded price ,possibility of downside move to 2525-2400 in the coming week
Pre market analysis NIFTY50 -7 nov 24 Market Analysis NIFTY 50- 7 NOV 24 - NIFTY opening 24489 , immediate near Support - 24463 for dip -swing low ten 24413
RESISTANCE- should see 24543 if sustains bullish
#NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty #stockmarket #marketanalysis #nifty scalping #niftyview #niftyscalping #scalping #stockmarketview
Pre Market analysis - NIFTY 50- 4th nov 24Market Analysis NIFTY 50- 4 NOV 24 - NIFTY opening 24315 , immediate near Support - 24324 -Pivot (also to watch out for resistance at this level , other support 24250 (liquidity for DIp) & 24180
RESISTANCE- should sustain 24380 for bullish structure
#NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty #stockmarket #marketanalysis #nifty scalping #niftyview #niftyscalping #scalping #stockmarketview
HDFCBANK Long Base BO [Weekly]HDFCBANK is finally showing a pattern I like to see in a tough market that too. Its in range of <8% from 50 DMA as well so in case it turns, we can keep that as SL level.
Did come in the momentum basket screener last week as well. Among the Pvt sector Banks, ICICI and HDFC are the ones holding in overall market volatility.
My guess is HDFCBANK might give good returns if this support is sustained and Nifty improvement kicks in.
Its the cycle, when Index recovers, some new scrips take the lead and money flows there.
BNBUSDT Poised for a Bearish Move? Critical Levels Ahead!Yello Paradisers! Are we witnessing the beginning of a bearish turn for BNBUSDT? The probability is definitely increasing, and here’s what you need to watch.
💎BNBUSDT has already taken liquidity and shown a Change of Character (CHoCH), signaling a shift toward a bearish market structure. If the price moves upward from here and displays an Internal Change of Character (I-CHoCH) from the resistance zone, it will significantly boost the chances of a further bearish trend.
💎However, if the price breaks down and closes a candle above the resistance zone, this would invalidate our bearish scenario entirely, requiring us to reconsider our strategy.
🎖 Paradisers, as always, discipline is key. Waiting for confirmation before acting ensures you stay on the right side of the trade. Stay focused, stay patient, and play it smart!
MyCryptoParadise
iFeel the success🌴
Pre Market Analyisis NIFTY 50- 15 oct24Market Analysis NIFTY 50- 25 oct 24 - NIFTY opening 24418 , immediate Support - 24380 - CP + PSY & yellow trendline will also act as support , Below this 24350 -PDL for breakdown if not sustains (but a very strong support area)
RESISTANCE- 24400 itself - Pivot- if sustains can continue bulish till Resistance 1 +PDH - 24488 , also to watch out this level for rejection and downmove continuation , Bullish above this
#NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty #stockmarket #marketanalysis #nifty scalping #niftyview #niftyscalping #scalping #stockmarketview
Natural Gas Price Analysis
Analyzing a natural gas price chart using support and resistance levels
The goal is to identify key levels where the price is likely to reverse or consolidate based on historical price action. Here's a breakdown of how to approach the analysis
Key Support Levels:
Support Levels 1 - 188
Support Levels 2 - 179
Key Resistance Levels:
Resistance Level 1 - 218
Resistance Level 2 - 238
A clear play on Auto sales and the Bajaj GroupThis was the original Bajaj entity, now restructured into a holding company that supports Bajaj Auto and other family businesses. I believe it’s a PPFAS favourite and a low-risk stock. With new measures removing holding company discounts, it stands to benefit significantly from the upcoming favourable market conditions.
Pre Market Analysis 23 oct 24 - NIFTY 50Market Analysis NIFTY 50- 23 oct 24 - NIFTY opening 24378 , if reaches 24400 can be nearest support else 24330 - S1 ,if breakdown can head to 24186 and panic sell below 24k PSY
RESISTANCE- 24444 PDL - & resistance from yellow trendline as shown should overcome this for bullish , 24460, 24618 can be other Resistances
#NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty #stockmarket #marketanalysis #nifty scalping #niftyview #niftyscalping #scalping #stockmarketview
Punjab National Bank Chart Analysis with Targets PNB Support and Resistance for Invesment and Positional Trading
For Punjab National Bank's (PNB) current chart analysis, the major support level is around ₹90, indicating a key price floor that could prevent further declines. This level has been established based on past lows and acts as a safety net if the stock price falls.
The first target for PNB is set at ₹129 , which represents a bullish upward trend from current levels. This target may be reached if PNB breaks above its resistance and sustains positive momentum.
The second target is set at ₹140, a further potential upside based on technical analysis. This target is achievable if the stock continues to gain strength after breaking the ₹129 resistance.
This analysis is supported by historical price action and key technical indicators like support/resistance levels, moving averages, and relative strength.
Intraday Levels for 21/10/2024BANKNIFTY Intraday Levels for 21/10/2024
Here are the BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both.
The SL (Stop loss) for each trade should be there.
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 MATHEMATICAL LEVELS FOR THIS WEEKThese Levels are based on purely mathematical calculations.
Validity of levels are upto expiry of current week.
How to use these levels :-
* Mark these levels on your chart.
* Safe players Can use 15 min Time Frame
* Risky Traders Can use 5 min. Time Frame
* When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle.
* Targets will be another level marked on chart
* Stop Loss will be Low/High of that Breaking Candle.
* Trail your SL with every candle.
* Avoid Big Candles as SL will be high then.
* This is one of the Best Risk Reward Setup.
For Educational purpose only