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Resistance_level

LIC Hosuing Fin testing weak resistance LICHSGFIN ready to break many time tested resistance which make it more prone for BO(breakout). And sister stocks(by Jesse Livermore, stocks from same sector) : HUDCO n PNB Housing already gave good moves. And right now sister stocks are moving together: railway stocks, defense, infra. -Clearly Green Vol > Red Vol -Good Shakeout: when major ema undercut and rally (MAU&R) here 50 ema. -Signal Candle: when stock move significantly with great vol, signifies buyers are in action
NSE:LICHSGFINLong
by takmanish007
#USDT.D (Tether Dominance) Bullish: Signs of Strength#USDT.D (Tether Dominance) has formed a bullish divergence pattern, indicating a potential uptrend reversal. The price is currently surging towards the 5.04% resistance level, which, if retested or broken, could lead to a further upward movement. It's important to note the inverse relationship between USDT.D and the overall cryptocurrency market. When USDT.D rises, it suggests a flight to safety into stablecoins like Tether, often leading to a decline in the prices of cryptocurrencies such as Bitcoin and altcoins. The next key resistance level to watch is around 5.63%. If USDT.D breaks above this level, it could signal a significant move towards higher levels, potentially causing a plunge in the crypto market. Traders should closely monitor the price action of USDT.D and consider its implications for the broader cryptocurrency market. Factors such as market sentiment and external events can also impact the relationship between USDT.D and other cryptocurrencies. market sentiment and overall market conditions when making trading decisions based on technical analysis.
CRYPTOCAP:USDT.DLong
by crypto_vulture_signals
FASP levels for Nifty 01/03/2024The FASP for Nifty is listed for 01-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
Birla Cable has bullish connection!Birla Cable is showing strength with closing above important hurdle 162. NOW 176 was Panic Sell Level which act as resistance, but If it will break and close above it for at least 3 days then it will become support for Birla Cable, And It may test 250 plus levels as per current triangle pattern target. We will watch for Risk management 145 Level as Stop Loss. SO, Risk to Reward ratio is favorable. Risk is yours and Reward is too yours totally. Time Frame : 80-110 days approximately.
NSE:BIRLACABLELong
by jkwealthplus
Power shows Power Power Grid Corp has broken out of its ATH on beautiful volume at an increasing rate with two big green candles and has now pulled back on decreasing volume which shows that there is less selling and more buying in the stock. This is an opportunity to buy into the trend as the stock is in a clear uptrend and looks bullish. This is a riskier trade and hence I would advice a position sizing method that will minimise risk and maximise reward. What is position sizing? It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second half and tighten your stop loss. This way you add two positions but one only when the market shows you that you are correct. Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk only 50 ( Typically with a larger stop) and if the market forms a green candle or another bullish sign, you add another Qt to risk 50 more ( Total risk 100) and your second stop loss becomes tighter ( most probably at the breakeven of the first position) this way you minimise your loss but ur reward is the same and even more. If your first stop gets hit, you accept your mistake and move on. Target: 1:2 Minimum/ Based on Price Stop loss: 241.60 ( Below swing low) ( Updates will be provided) Keep It Simple
NSE:POWERGRIDLong
by Krish_Kohal