Get started

Pivot Points

Strong Weekly BreakoutThe stock recently experienced a robust breakout on the weekly chart, with a history of multiple consolidations at the current breakout level. Despite a failed attempt to break resistance in October 2021, last week marked a significant breakthrough. The stock consolidated sufficiently and broke the resistance with a strong bullish candle. The volumes leading up to the breakout were notable, indicating substantial accumulation before the breakout. This suggests a heightened level of interest and buying activity. Traders and investors often view such well-supported breakouts, especially after a series of consolidations, as compelling indicators of potential sustained upward momentum in the stock.
NSE:DIXONLong
by nsdtrading
NIFTY FOR 04 DEC#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:NIFTY
by MISSION_TRADING
BANKNIFTY FOR 04 DEC#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:BANKNIFTY
by MISSION_TRADING
NIFTY FOR 01 DEC#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:NIFTY
by MISSION_TRADING
BANKNIFTY FOR 01 DEC#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like
NSE:BANKNIFTY
by MISSION_TRADING
Comprehensive Bullish Signals: Weekly Uptrend, Trendline Support- **Bullish Confirmation (Weekly):** - The weekly chart signals a bullish trend with consistent higher highs and higher lows. - This pattern reflects sustained upward momentum. - **Trendline Support and Bounce:** - The stock found support on a trendline and rebounded with a strong bullish candle. - This bounce reinforces the significance of the trendline. - **Previous Resistance Turned Support:** - The stock found support at previous resistance levels. - A subsequent strong bullish candle suggests a successful turnaround. - **Daily Chart Trendline Breakout:** - On the daily chart, the stock broke above a trendline. - This breakout signals a potential shift in the short-term trend. - **Overall Implications:** - The combination of bullish signals on both weekly and daily charts strengthens the positive outlook. - Trendline support and successful resistance-turned-support further support a bullish sentiment. - **Cautionary Notes:** - Confirm ongoing bullish behavior for sustained trends. - Monitor for potential retracements or corrections. - **Strategic Considerations:** - Potential opportunities for bullish trades given the confirmed trends. - Consider risk management strategies for prudent trading. - **Conclusion:** - The stock exhibits strong bullish confirmation on multiple timeframes, indicating a favorable environment for potential bullish trading opportunities. Exercise caution and strategic planning in light of market dynamics.
NSE:BDLLong
by nsdtrading
1
DJI "At support level"TVC:DJI at improtant support level 32806-33033 After getting resistance from Yearly camarilla H3 ( 3rd resistance reversal level of Camarilla Equation ) represented by YH3 on chart ,now TVC:DJI is trading at Yearly Central pivot Range (32806-33034) If get a weekly close below 32806 can see further downside toward 31450 (next swing low) and YL3 30867 , but if get an weekly close above 33050 can see YH3 35425 (high of july 2023) . Suppot and resistance levels used for analysis is Yearly Camarilla Reversal levels (3rd level of reversals) and Yearly central pivot range of 2023.
TVC:DJI
by Apu_3007