SMA Vs EMA maniThis indicator shows SMA Vs EMA If EMA Break ABove the SMA then its BUY ,IF EMA Break Below SMA its a SELL
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Gold - a bearish channel, also weak on 9-45 EMA & RSI strategy. Gold has been consolidating in a bearish band for some time. It is forming bearish candlesticks for past few days.
9-34 EMA on Price and RSI is a strong system, it is giving a "Sell" weak even on that.
At the moment it is close to a strong support 1454, once it is broken 1435 is the lower band on the channel, if that is taken too 1420 - 1400 can be expected.
1480 should be the Stop for any short positions.
Silver is also WEAK on same EMAs on Price and RSI, trading near support of 16.74, once broken can slide down to 16.46. 15.98 levlels. Keep 17.66 as stop for short positions.
DM me if you intend to know more about 9,45 EMA on Price and RSI system.
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This post is not an advice to speculate using leveraged products, one must thoroughly understand the financial implications, consult some financial adviser before taking any positions.
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Nifty EMA on RSI giving perfect signals for some time. Those friends who have been following me for some time, know I use EMA on RSI for estimating the trend / direction of Nifty.
Many of you might have seen, (others may check my previous posts / ideas on this forum) where I have used this (EMA on RSI) as a effective system for determining trend.
The attached chart uses an EMA (Nine periods) over RSI (21 Periods) on a Two hour Nifty chart, two recent trend reversals have also been marked on for better understanding with real time examples.
Traders / Investors that are not much familiar with technical indicators may try this simple strategy and take better trade decisions. I must admit It is not as effective as the trend lines on RSI, but can be a effective tool for the ones not well versed with drawing trendlines manually.
As it can be seen from the chart, the system is showing a clear continuation of up move.
If you are a beginner, you may require help in setting this up on your system / phone. You may post your precise queries in posts, I'll try answer.
Please consider LIKE button, if you find it worthy or informative. You may also FOLLOW me for periodic updates on Nifty, Bank Nifty or select stocks. I also share update on Silver and Gold whenever there is a major trend reversal.
Spice Jet ready to take flight - Ichimoku and EMA positive signsSpice Jet ready to reach higher price action
Ichimoku is uptrend and future Kumo is green
EMA Cross ( 5 EMA above 15 EMA ) which is a positive sign
Can go 10 to 15 % higher
Note : This is for educational purpose only.
Does the magic repeat as 50 EMA trying to cross 200 EMA?50 EMA trying to cross 200 EMA is a bullish sign. Last time when it happened around May 20 2016, Repco ran from 635 to 900 in less than 3 months. Does the magic repeat?
Disc: Invested, sharing for educational purposes only and not a solicitation to buy or sell.
Triangle formation & EMA 200 in Heritage FoodNSE:HERITGFOOD
Triangle breakout is about to be formed with EMA 200 crossing over.
A confirmed breakout requires being above 520 and sustaining it. The target is the next big resistance, which is 645. Keep the SL at 475 or swing low.
For lower risk, keep looking for big positive volume, with EMA 200 and 50 below the candles.
TNPL: A 20% Potential GainFollowing a prolonged downtrend lasting six months, TNPL has successfully closed above both the 20-day and 50-day EMAs. This deviation from the recent trend, coupled with a noticeable increase in trading volume observed on the daily chart, signals a potential reversal in market sentiment.
Based on historical analysis, a closing price above the 50-day EMA typically indicates strong bullish potential, especially when the 50-day EMA is below both the 100-day and 200-day EMAs. In such scenarios, it is not uncommon for stocks to experience upward movements of approximately 20% .
Current market conditions for TNPL appear favorable at the CMP . My analysis suggests that the next resistance level is positioned at approximately 240 . For risk management purposes, I recommend setting a stop-loss around 171 to protect against potential downside risk.
Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
200 EMA acting as strong resistance for Gold (XAUUSD).Points to consider :
Trades are trying their best to take the prices higher than 200 EMA but traders are not able to take the prices further! this is clear evidence that buyers are accumulating at lower prices of 2600 to 2620.
It's evident that 20 $ gap from 2600 to 2620 is on record to break. if this breaks with a bigger volume only then we can assume that the price will break out and sustain. We want price to sustain and proceed further as we seeking buyers interest . But if such sudden price rises and falls down below 200 EMA we cannot be seeking a confident buyers momentum .
Fresh buyers may seek interest 2620 breach of price with sustainable volume . Confirmation to be considered as a larger volume candle on the 2620 price level if observed and found then buyers can enter long with strict stop loss at 2600.
MTNL Testing the 50 EMA with Potential Breakout- Keep In Radar
✅ The stock is currently testing the 50 EMA near ₹55, with the price trying to break out from a descending resistance line. If successful, this could indicate a reversal in trend with further upside potential.
✅ The RSI is at 47, showing that the stock has room for upward movement without being overbought. A breakout above the 50 EMA and resistance line could push the stock toward ₹65-₹70 in the near term.
✅ Volume is showing signs of accumulation, and a confirmed breakout with increased volume will reinforce the bullish scenario. Watch for sustained action above ₹55 for confirmation of the trend reversal.
Jamna Auto: Will It Break the 100-Day EMA Support?Technical Analysis of Jamna Auto:
Jamna Auto is currently trading above its 100-Day EMA (Green), but uncertainty looms over whether this support level will hold. The weekly chart shows an increase in seller momentum, raising the likelihood of a downside move. Should the stock break and close below the first support level or even the 100-Day EMA on the weekly chart, it could drop to its strongest support range that sits between 92 and 95 with minor support at 105.
It is important to note, since January 2024, there has been a noticeable spike in volume, but it remains unclear whether this surge will push the stock higher or if it will succumb to selling pressure. Despite these challenges, the stock's outlook remains positive. However, it is prudent to take a wait-and-see approach to observe how this stock behaves in the coming weeks.
Potential Risk:
The primary risk to the stock's upward trajectory is the possibility of a broader market correction, particularly influenced by uncertainty in the Index.
Disclaimer:
This analysis is intended for educational purposes and is not a recommendation to buy. It is important to learn how to recognize and understand patterns in stock movements.
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News & Key Developments
Recent news highlights Jamna Auto Industries Limited’s subsidiary, JBM ECOLIFE Mobility, securing $100 million in funding from the Asian Development Bank and Asian Infrastructure Investment Bank to supply and operate electric buses across Indian states.
The funding secured by JBM ECOLIFE Mobility may positively impact Jamna Auto Industries Limited’s stock price, as it demonstrates the company’s commitment to electric mobility and its ability to secure significant investments. However, the overall impact on the stock price will depend on various market and industry factors, including the company’s financial performance and competitive landscape.
Key Developments
Secured USD 100 million strategic funding from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) in September 2024 to accelerate electric bus deployment across India.
Has already deployed 200 air-conditioned Ecolife e-buses in cities like Berhampur, Bhubaneswar, and Cuttack, equipped with modern safety and convenience features and powered by fast-charging lithium-ion batteries.
Expansion Plans
Will utilize the funding from ADB and AIIB to supply and operate electric buses under the Gross Cost Contract (GCC) model in multiple states across India in a phased manner.
Aims to promote sustainable public transportation and support India’s Net Zero 2070 target.
Note: This is not financial advice.
Pullback With Good Volumes Testing 100 EMANSE:MAHLIFE has given today's pullback with good Volumes and is now testing 100 EMA on a daily timeframe a close above 616 and 100 EMA will be Crucial.
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.
BRETT had fallen significantly below the 20-day and 50-day EMA bThe BRETT meme coin, built on the 'BASE' blockchain, experienced a remarkable 550% surge in early May 2024, peaking at $0.19800 by June 9th, 2024. However, this high couldn't surpass the supply block, leading to a downward trend.
By early August, BRETT had fallen significantly below the 20-day and 50-day EMA bands. On August 5th, despite a significant buying attempt during a liquidity grab formation, it failed to break past $0.10694 and declined again.
As of September, the last month of Q3, BRETT has shown signs of recovery, trading above the 20-day EMA. However, the 50-day EMA band and the upper border of the wedge are currently hindering further ascent. If these hurdles are cleared, BRETT could head to retest the $0.19800 level.
At the time of writing, BRETT is trading around $0.08188, with a 4.0% intraday growth. If it overcomes the current resistance, the next targets are $0.10694 and $0.15000.
Conversely, if bearish pressure increases, the nearest support level is $0.05653, with a major demand area at $0.03025 if the decline continues.
EURUSD: Sellers stay optimistic, watching 21-EMA & US dataThe EURUSD pair has lost momentum after briefly recovering from the 21-EMA support level. Traders are now focused on upcoming US job reports, including the Initial Jobless Claims, ADP Employment Change, and ISM Services PMI. This cautious mood is making it hard for the Euro to gain traction.
Multiple catalysts lure Euro bears
The EURUSD pair has been stuck in a trading range for a week, with the RSI (14) showing no strong trend. However, a bearish chart pattern and bearish MACD signals keep sellers hopeful. Optimism about strong US data and concerns about an economic slowdown in the Eurozone add to the negative outlook for the Euro.
Technical levels to watch
EURUSD pair’s repeated bounces of 21-EMA support of 1.1050 highlights the numbers as a tough nut to crack for short-term sellers. Following that, a three-month-old resistance-turned-support near 1.0980 will lure the bears. In a case where the quote remains bearish past 1.0980, a gradual decline toward the rising wedge confirmation’s theoretical target near 1.0700 can’t be ruled out.
Meanwhile, EURUSD buyers need validation from 1.1080 to regain control. Even so, the aforementioned rising wedge’s bottom line surrounding 1.1210 will be a crucial resistance to watch for the bulls. Following that, the pair’s gradual run-up toward the previous yearly high of 1.1275 appears more likely.
Looking ahead…
A slew of US employment and activity data will decorate Thursday’s economic calendar and direct EURUSD traders. However, the quote’s failure to cheer the US Dollar’s weakness can please sellers should the scheduled statistics favour the Greenback’s run-up by dimming the odds of heavy Fed rate cuts.
Bank of baroda taking 50d Ema support and fibonaci 0.5 level The stock of Bank of Baroda has taken support at the 50-day Exponential Moving Average (EMA) and the Fibonacci 0.5 retracement level. This indicates that the stock is maintaining strength in its current trend, as finding support at both of these technical levels increases the likelihood of a potential price increase. Support at the 50d EMA is a positive sign, indicating sustained buyer interest in the stock over the long term. Support at the Fibonacci 0.5 level suggests that after a recent correction, the stock may stabilize at critical levels and potentially resume its upward movement.
Overall, finding support at these levels could present a potential buying opportunity for investors.
Testing Critical Support Around 50 EMA After Recent Rally✅Suven Life Sciences Ltd is currently testing the 50 EMA, which is acting as a critical support level around ₹124. This level has historically provided a strong base for the stock during pullbacks, and its ability to hold above this level will be crucial for the continuation of the recent uptrend.
✅The stock faces immediate resistance around ₹130-₹135, which has acted as a ceiling in the past. If the stock can maintain its support at the 50 EMA, it might make another attempt to breach this resistance and continue its upward journey.
✅The recent pullback has been accompanied by a decrease in volume, which suggests that the selling pressure may not be very strong. A low volume pullback often indicates that the correction is temporary and may be followed by a resumption of the uptrend.
✅RSI is currently at 44 indicating that the stock is nearing oversold conditions. An RSI below 40 could signal a potential reversal, especially if the stock finds support at the 50 EMA. A move above 50 in the RSI would be a positive sign for the bulls.
✅Suven Life Sciences has been making strides in its drug discovery and development efforts, which have been well received by the market. The company’s focus on innovative therapies and its strong pipeline are expected to drive growth in the coming quarters.
✅The company has reported strong financial performance, with consistent revenue growth and improving margins. This financial strength provides a solid foundation for the stock's long-term prospects.
BANK NIFTY CLOSES BELOW 20 EMA ON HOURLY CHART BANK NIFTY has closed below 20 EMA on hourly chart First time since the post election rally began.
First dips are usually bought. So either it will Gap Up and resume the rally or will likely to bounce from 50 EMA.
Real Fall is possible below 100 EMA (52360) is likely to see a 1000 points sell off to the marked base.
BANK NIFTY CLOSES BELOW 20 EMA ON HOURLY CHART BANK NIFTY has closed below 20 EMA on hourly chart First time since the post election rally began.
First dips are usually bought. So either it will Gap Up and resume the rally or will likely to bounce from 50 EMA.
Real Fall is possible below 100 EMA (52360) is likely to see a 1000 points sell off to the marked base.
Strides Pharma, Star setup about to breakoutOne Simple Horizontal Line Setup
-Posted great growth results, everything is improving.
-Pharma sector seems strong as it is also near breakout zone.
-That red wick on election results day seems so good, fell with market but cop up fast and took support at 200 ema n come back in good zone again and,
Good shakeout of 100 ema too.
-Yesterday gave squat too (went above horizontal line and close below, taking out weak players)
Overall good setup and a strong stock, buying above previous day high (pdh)
Note: no buy/sell recommendations at all.
FSN with YoY growth results, ready for Stage 2?FSN posted good YoY results with expanding offline too, this can be super combo: online(e-com) + offline for the future growth for the company.
-right now, setup is in stage 1 but in uptrend so VCP concept can apply
VCP : 20W-30/2-4Ts (Contraction for 20 weeks, contracting from 30% to ~2% n total contraction 4 times)
-check Red Arrows how supply is flushing with every fall (Flushing of supply is imp for stock to blast)
Green Vol > Red Vol
-DTL BO: Down Trendline Breakout (Orange Circles), its forth time stock is testing this TL. N every time go up there with good volume.
-Moving Avg: are pointy upwards (10, 21, 50 emas)
-50 ema MAU&R (Moving Average Undercut n Rally) a GOOD Shakeout, read about it from here: OwlTraders Glossary (cant share link, will comment)
Overall, liking this setup. But one should wait for confirmation of stage 2 too, if stock move good from here n form a base then its a kinda confirmation.
NBCC: Resting on 50 EMA⚡️NBCC: 130
🔘 Sitting on 50 EMA
🔘 Clustered EMAs
🔘 IB
🔘 NR7
I will look to enter above 134 with an SL of <5%.
Shiba Inu Crypto Plummets Below 50-Day EMA: Bearish Days LoomingThe Shiba Inu crypto has been on a free fall for the last five intraday sessions.
The daily chart witnesses the formation of an interesting channel pattern.
Shiba Inu crypto is struggling to find stable ground and has been in a declining trend. The bears are currently in control of the market, and the price has been on a downward trend for the 5th consecutive session, hovering below the 50-day EMA.
Moreover, Last week started off on a positive note, with the crypto experiencing a surge in its price, reaching a high of $0.000028. However, things quickly took a turn for the worse, and the latter half of the week saw a correction in the price, which is continuing this week.
Looking at the daily chart, we can see an interesting pattern forming. For now, It's unclear where this trend may lead, but we can anticipate with the help of price action and technical indicators that will give us a better idea of what to expect in the upcoming sessions.
Shiba Inu Crypto Price Fall Coincides With Broader Market Correction!
The dip in Shiba Inu's price coincides with a broader market correction, which has led to Bitcoin's lowest level in about a week. This has raised concerns among bulls, who are closely monitoring Shiba Inu's ability to hold critical support levels and regain its upward momentum.
However, the current price is unsustainable at the CMP due to the heavy selling pressure. Additionally, the bulls failed to capitalize on the gains made earlier in the previous week, leading to a selloff that allowed the sellers to reclaim their dominance at the highs.
The outcome of this critical price test will depend on various factors, including investor sentiment and the overall trajectory of the cryptocurrency market. With volatility remaining high and uncertainty still prevalent, Shiba Inu bulls may need to show resilience to overcome the current headwinds and regain bullish momentum.
Now, If the price drops further, the next support could be between $0.000019 and $0.000021. on the flip side, if the Shiba Inu crypto bounces back from the lower levels, it is likely to face resistance near the $0.000030 and $0.000027 levels on the higher side.
Shiba Inu Daily Chart Illustrates An Interesting Pattern Formation.
Additionally, on the daily chart, there is evidence of a declining parallel channel pattern formation, with the price currently oscillating between the upper and lower boundaries of the channel. It is likely that the Shiba Inu price will remain range-bound until it breaks out of the channel on either side. This breakout or breakdown may indicate a clear trend in the crypto market.
Currently, The SHIB cryptocurrency has recently dropped below the 50-day EMA, indicating a weakening trend. However, the 200-day EMA is still located below the price, which may act as dynamic support for the crypto.
In addition, the MACD indicator shows a bearish crossover, indicating a continuation of the price on the lower side. The price has further potential to fall until it reaches the recent support level of $0.0000211.
Conclusion.
The i
Technical levels:
Support levels: $0.000019 and $0.000021
Resistance levels: $0.000027 and $0.000030
NIFTY Buillish EMA Crossover & RSI Divergence 1 hour TimeframeNIFTY is showing strong bullish RSI divergence and EMA crossover at 1 hour timeframe. If it opens/ sustains above 22222, first target will be 22444 and second target 22527.
View will be negated with any bearish closing below 20 EMA/ 22200, in which case it may slide towards 21716.
