Resistance_level
SWANENERGY - Daily Timeframe Breakout (Resistance Zone Break)SWAN ENERGY has shown a breakout above a key horizontal resistance level on the daily chart, accompanied by a nearly 2.5 times volume surge near the breakout zone, as seen earlier, supported by strong momentum.
🔍 Breakout Context:
- Price might break above the ~₹484 horizontal resistance, which had held for over 6 months.
The breakout zone has been supported by 2.5X volume and a range 3X of average near the resistance zone.
- The price is also trading above both the 50- and 100-day SMAs, indicating strong trend continuation.
- This aligns with a bullish continuation setup.
📉 Trade Plan:
- CMP: ₹485.2
- Entry: Near ₹484
- Target: ₹566 (~16.5% upside from CMP)
- Stop-Loss: ₹450
- Risk-Reward Ratio: ~ 1 : 2.3
📌 Note:
- Wait for the closing of this candle, enter the trade near 3:20 PM, or get confirmation on 75min/1Hr TF.
- Avoid chasing the extended move unless confident in intraday momentum.
⚠️ Disclaimer: This post is for educational purposes only and not financial advice. Always do your research or consult a financial advisor before trading.
TRANSRAILL - Breakout from Daily TFTRANSRAILL has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of ~10% from the current price level in the medium term.
The stock is trading above its 50- and 100-day simple moving averages (SMAs). The range is more than >2X, and the Volume is also >6X the average.
CMP- Rs. 727
Target Price- Rs.805( ~10% upside)
SL -859
Note- The breakout candle has gone up, extended, so be mindful of your position.
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
Adani power breakout anytime Adani power price hover just above resistance can give breakout anytime, earlier it was showing head and shoulder pattern and now changed into cup and handle pattern, also the support is also moving up.
Can expect a breakout anytime.
Entry around - 600
Target - 750
Duration 1-2 month
$BTC Facing Strong Rejection – Correction Ahead?CRYPTOCAP:BTC is showing clear rejection signs from the trendline near the key resistance zone around $107,000, replicating the December 2024 - January 2025 structure.
Hanging Man candle near resistance
Bearish RSI divergence
MACD bearish crossover
Weak buying pressure vs growing selling volume
Stochastic RSI fading out
one retest around 97000$
If $90K support breaks, watch out for a deeper drop toward $60K.
Market structure suggests a smart correction is brewing. Don’t ignore the signs.
Pre Market analysis for 07/01/2025
Pre Market analysis for 07/01/2025
#NIFTYBANK
If market opens flat and breaks 49700 level, will plan for selling for target 49500 level.
If market opens gap down, and sustains below 49800 will plan for selling for target 49400.
If market opens gap up, and breaks above 50200 level, then plan for buying for target 50700.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Database trading The United Nations Commodity Trade Statistics Database (UN Comtrade) contains detailed imports and exports statistics reported by statistical authorities of close to 200 countries or areas. It concerns annual trade data from 1962 to the most recent year.
SQL remains a fundamental tool for querying and managing data. SQL's simplicity and power make it accessible to both beginners and experts. In trading systems, SQL enables efficient data retrieval and manipulation. Users can write SQL queries to analyze market trends and execute trading strategies.
technical analysis in tradingTechnical analysis seeks to predict price movements by examining historical data, mainly price and volume. It helps traders and investors navigate the gap between intrinsic value and market price by leveraging techniques like statistical analysis and behavioral economics.
What are the best technical analysis indicators for day traders? The best technical indicators for day trading are the RSI, Williams Percent Range, and MACD. These measurements show overbought and oversold levels on a chart and can help predict where a price is likely to go next, based on past performance.
Maharashtra Seamless Ltd looks good Technically.-Trendline breakout with high volume.
-Ideal entry missed
-Now at another important resistance. If broken and sustained then there is scope for further upmove.
-Volume picking up with price movement.
-Dry volume during pull backs.
-Good ROCE
-Good ROE
-Debt-free company.
-Profit growth of 26.3% CAGR over last 5 years
These are the reasons for picking this stock. This is a positional pick. SL is very deep so position size it or adjust the SL as per your trading style/ Risk appetite.
The chart shared is for educational purposes. Please do your due diligence before investing.
Retesting Major Levels UTI AMCNSE:UTIAMC after giving a rounding bottom breakout on weekly charts is now retesting breakout levels. Keep in Radar.
Check out my other stock ideas below until this trade gets 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.
LLOYDSME LONG 780-800 Breakout of resistance & successful retestI bought some LLYODSME at 800.
Short-term Target: 852
Long-term Target: 932
STOP-LOSS: Follow for SL updates.
Disclaimer: I am not SEBI certified, and this is not financial advice. Always conduct your own research before making any investment decisions.
Gold is a totally save stock to invest money for long timeGold is a totally save stock to invest money for long time
Support and resistance levels are important concepts in technical analysis,
commonly used by traders to make informed
decisions about buying and selling assets
Here are the current support and resistance levels for gold (XAUUSD):
Support Levels:
$1,910: This level has shown strong buying interest recently.
$1,880: Another significant support level where buyers have stepped in.
Resistance Levels:
$1,950: This level has been a strong resistance point.
$1,980: Another key resistance level where selling pressure has been observed
TATATECH: Potential Bullish Breakout + Inverse Head & ShoulderBullish Analysis of TATA TECHNOLOGIES LTD
Key Observations:
1. Pattern Identified: Inverse Head & Shoulders
- The inverse head and shoulders pattern suggests a bullish reversal.
2. Resistance Zone:
- The stock is approaching a key resistance zone.
- A breakout above this zone could signal a strong upward movement.
3. Target Projections:
- If the breakout happens, the first target is set at ₹1,263, followed by ₹1,333.
4. Volume:
- Recent volume spikes indicate strong buying interest, supporting the potential breakout.
5. RSI:
- Currently at 60.91, it indicates strength, but still below the overbought zone, allowing room for upward movement.
Conclusion:
- Entry Point: A breakout above ₹1,093 can be a bullish signal.
- Targets: ₹1,263, ₹1,333.
- Risk: Watch for failure to break the resistance zone, which may signal a short-term pullback.
Follow us for STOP-LOSS updates.
Note: Always consider risk management and market conditions before making investment decisions.
JSW Energy Ltd view for Intraday 9th September JSW Energy Ltd view for Intraday 9th September #JSWENERGY
Buying may witness above 715
Support area 702. Below ignoring buying momentum for intraday
Selling may witness below 702
Resistance area 715
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
BTCUSD // Levels // 4 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
Here are some key levels for BTC/USD on the 4-hour chart:
Support Levels:
$20,000: A key psychological level1.
$19,231: Corresponds to the 76.4% Fibonacci retracement of the 2020-2021 move.
$18,000: Another significant support level.
Resistance Levels:
$21,993: 14.4% Fibonacci retracement of the March-June 2022 move.
$22,000: A round number resistance.
$24,000: Another resistance level to watch
Tata Motors on the Verge: Key Resistance Levels
Current Scenario:
• Tata Motors is experiencing a consolidation phase just below its previous high.
• The stock has touched the resistance line twice (Touch 01 and Touch 02), indicating a strong resistance level around the previous high.
Key Levels:
• Entry Point: ₹1,029.00
• Stop Loss: ₹1,051.00
• Target Levels:
• Target 01: ₹991.95
• Target 02: ₹938.20
• Target 03: ₹904.00
Analysis:
• The stock is trading close to the resistance line, and a breakout above this level could signal a potential upward movement.
• Conversely, if the stock fails to break this resistance and moves downward, it might reach the indicated target levels.
Trading Strategy:
• Bullish Scenario: If Tata Motors breaks above the resistance and sustains, consider entering a long position at ₹1,029.00 with a stop loss at ₹1,051.00.
• Bearish Scenario: If the stock fails to break the resistance and shows signs of reversal, consider shorting with target levels at ₹991.95, ₹938.20, and ₹904.00.
Conclusion:
• Tata Motors is at a critical juncture with significant resistance levels in play.
• Traders should watch for a breakout or reversal at these levels to strategize their trades effectively.