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ADEX will blast soonThe image you provided appears to be a cryptocurrency trading chart for AdEx (ADX) against Tether (USDT) on the Binance exchange. Here are some observations based on the chart: Price Movement: The chart shows candlestick bars representing price movements. A significant green candlestick around February 19 indicates a sharp increase in price. However, there have been fluctuations before and after that date. Indicators: Below the main chart, there are two indicators: Volume: Represents trading volume. RSI-based MA: Indicates whether the asset is overbought or oversold. Price Range: The price of ADX against USDT has fluctuated between approximately 13 INR and 24.26 INR. Please note that I cannot provide real-time or future predictions based on this historical data. If you’re trading, consider consulting professional financial advice or using real-time analysis tools. 📈🚀 BINANCE:ADXUSDT
by rajeshdebata06
2
Niether new or old in trading just a experienced oneBackground Information: I’ll start by providing some context or background information about the topic. This could include recent news, historical data, or any other relevant information that would help understand the current situation. Analysis: Next, I’ll dive into the analysis. This could involve examining trends, comparing data, or discussing various factors that could influence the topic. I’ll aim to explain this in a clear and understandable way. Prediction: Based on the analysis, I’ll provide a prediction. It’s important to note that predictions are not guarantees and are subject to change as new information becomes available. Thought Process: Throughout the analysis and prediction, I’ll explain my thought process. This will help you understand how I arrived at my conclusions.
OANDA:XAUUSD
by umairkhan052001
4
Trade Smart in Turbulent Times in SyngeneNSE:SYNGENE , a leading global discovery, development and manufacturing organization catering to the pharmaceutical and biotech industries, is under the spotlight for this week's technical analysis. Entry Logic 🎯: The stock has recently crossed its 50-day moving average (MA) of INR 799, additionally breaching the Fibonacci retracement level of 0.382 at INR 810 . These factors, combined with potential bullish crossovers in Exponential Moving Average Divergence (EMD) and Moving Average Convergence Divergence ( MACD) (12,26,9), lay down a fertile ground for upward movement. The ideal entry point would be upon a strong opening above I NR 810.2 or INR 811.60 (0.5 Fibonacci level). Target Levels 🎯: Target 1: INR 823.45 Target 2: INR 843.70 These targets are set based on historical resistance zones and projected upward momentum. Exit Logic 🚪: An exit should be considered if momentum drops or reverses before reaching the target levels, or upon hitting the targeted price points for desired profits. Stop Loss ⚠️: A stringent stop loss is advised at INR 786. This is a slightly aggressive level aimed at limiting losses should the market sentiment change abruptly. Technical Indicators 📊: MACD: Awaiting a bullish crossover to substantiate entry. Stochastics: Recent crossover observed, bullish sign. RSI: Also in bullish crossover territory. %R: Currently in oversell territory - positive. Fisher 9: Indicating strong buy signal. Market Sentiment 🌐: With the broader Indian market expected to exhibit volatility in the forthcoming week, caution is advisable. The high PE ratio of 64.44 and a modest EPS of 12.06 underscore a relatively high valuation, with a low payout ratio of 4.16. Recommendation 📝: Syngene International presents a potentially lucrative short-term swing trading opportunity for aggressive traders. The anticipated bullish momentum, if actualized, could render fruitful returns; albeit the inherent market risks necessitate a robust exit strategy and a firm stop loss. Disclosures and Disclaimers 📢: This analysis is for informational purposes only and not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. The report is based on historical data and prevailing market conditions; the future may unfold differently. All investors are advised to conduct their independent research or consult a financial advisor before making any investment decisions.
NSE:SYNGENELong
by finogent
Btc supply zone 48000 stay alert Many people and retail investors are very bullish in btc but they don't look up a history data . Historical data is btc rech bull rallly 0.5 .68 fib zone then started a crash avarage crash every bear market is 50 % but we have two strong support first is 30000$ and second 25000$ High probability of chance is btc toch again 30k and 40% chance is btc can toch 25k$ again .I think according to wave theory first wave is complete and second wave is bearish wave this wave can go down arround first wave golden fib zone then started a new bullish wave
CRYPTO:BTCUSD
by Lokendrakumar
Btc 46000$ to 48000$ supply zone wake up whats tell history Mostly people and many retail investors are bullish past 2 and 3 month but but you need to worry about that the whats historical data is . Every btc bear market create a bottom and then started a little bit pump price reache bullrun fib 0.68 golden zone unfortunately supply zone and and 2021 bull market fib golden zone is 48000$ .as per the every bull market before halving btc rech golden zone off bull market fib then started a crash avarage crash is 45 to 50% but if we not crash 50 % but we definitely crash 35 % is price is 25000$ Is date off 2019 before the halving and start bull run we crash 54% . We are not including COVID 19 crash Mostly people think when halving happening then started a massive bullish price action in btc btc no as per the data price take off massive bullish price action after halving 3 to 4 month
CRYPTO:BTCUSD
by Lokendrakumar
Banknifty prediction for 5th Dec 23As we have discussed, Banknifty breakout of inverted HNS. It has completed the target of the HNS pattern. Now, it must take some consolidation or a shortfall to the downside to balance the Demand and supply. Also, this is a resistance level; it's likely to take resistance according to the historical data. Reasons: Price >> EMA(13,50,200) need some consolidation or fall to downside. PCR: 1.77 (Huge Bullish) 46500 has some CE writing. But compared to the Bulls, it's negligible. huge PE writing on lower levels shows a strong bullish signal. RSI = 90 already strached. verdict: Bullish for now but soon a fall might be seen. Plan of action: Round off all your bull position, and wait for some consolidation and pattern to form. Then, make a good position.
NSE:BANKNIFTY
by finnova_
Breakout Momentum : Prakash Pipes | Unlocking OpportunitiesPrakash Pipes Ltd , currently at CMP 448.90, has recently experienced a breakout. Historical data suggests that breakouts with significant volume tend to perform well. Today, the price has broken out with notable volume. Key Points: Breakout Observation: The breakout pattern, particularly when accompanied by substantial volume, has historically yielded positive results. Entry Strategy: Monitoring closely, a long entry will be considered if the price surpasses 449. Risk management will be implemented, and a stop-loss (as indicated on the chart) will be employed. Engage with Us: If you resonate with our analysis, consider boosting and following us for more insights. Let's navigate the markets together! 📊🚀 #PrakashPipes #StockAnalysis
NSE:PPLLong
by iamrk7
Crude Oil MCX Future Analysis - 24.11.2023📊 Crude Oil MCX Future - Intraday Levels (24.11.2023) by Trading Marcos 📈 Instrument: Crude Oil MCX Future 📅 Contract Month: November Future 📉 Day Range: 121.00 Ppints 🎯 Trigger Point: 6374.00 📈 Buy Levels: Buy At: 6362 Add Position: 6348 Buy Target 1: 6449 Buy Target 2: 6495 Standard SL: 6332 Preferred SL: 6323 📉 Sale Levels: Sale At: 6333 Sale Target 1: 6299 Sale Target 2: 6253 Standard SL: 6363 Preferred SL: 6372 🚨 Risk Disclaimer: Trading involves risk. Levels provided by Trading Marcos are based on analysis and historical data. Conduct your research, evaluate risk tolerance, and understand potential gains and losses before trading. 📊 Happy trading! 💹 #CrudeOilMCX #IntradayTrading #TradingMarcos #MarketAnalysis #CommodityTrading
MCX:CRUDEOIL1!
by NumroTrader
Bank Nifty Spot Chart Intraday Analysis for 24.11.2023📊 Bank Nifty Intraday Levels - 24.11.2023 by Trading Marcos 📈 Instrument: Bank Nifty Spot Analysis 📉 Day Range: 198.30 Point 🎯 Range Trigger Point: 43577.50 📈 Buy Levels: Buy At: 43574 Add Position: 43551 Buy Target 1: 43700 Buy Target 2: 43776 Standard SL: 43486 Preferred SL: 43517 📉 Sale Levels: Sale At: 43527 Sale Target 1: 43455 Sale Target 2: 43379 Standard SL: 43592 Preferred SL: 43584 🚨 Risk Warning: Trading involves risk. Levels by Trading Marcos are based on analysis and historical data. Conduct your research, consider your risk tolerance, and understand potential gains and losses. #BankNiftyIntraday #OptionsTrading #BankNiftyLevels #IntradayStrategy #OptionsAnalysis
NSE:BANKNIFTY
by NumroTrader
Nifty Spot Chart Intraday Analysis for 24.11.2023 📊 Trade Analysis by Trading Marcos: Nifty Spot Levels - 24.11.2023 📈 Instrument: Nifty Spot Chart Analysis 📉 Day Range: 106.40 🎯 Trigger Point: 19802.00 📈 Buy Levels: Buy At: 19835 Add Position: 19822 Buy Target 1: 19868 Buy Target 2: 19908 Standard SL: 19792 Preferred SL: 19804 📉 Sale Levels: Sale At: 19809 Sale Target 1: 19736 Sale Target 2: 19696 Standard SL: 19839 Preferred SL: 19845 🚨 Risk Warning: Trading involves risk. Levels by Trading Marcos are based on analysis and historical data. Conduct your research, consider your risk tolerance, and understand potential gains and losses. Not financial advice. Trading Marcos assumes no responsibility for financial losses. #NiftyAnalysis #NiftySpot #Nifty50 #NiftyIndex #DayTrading #IntradayStrategy
NSE:NIFTY
by NumroTrader
Reliance long positional viewHello Traders and investors, As we can see the reliance was consolidated in a range by last two years after bullish rally, may be now reliance is ready to fly again as per technical analysis. A proper range bound zone and we can see the supply and demand zone as range of last two years. A proper downtrend channel pattern and trend line breakout happening in current scenario. So we can assume 6th back to back target as per chart view or historical data. Entry = Above 2350.55 Stop loss = 2299 Target = 2413--2494--2580--2698--2827--2975+++ Disclaimer = This is an educational purpose post not as trading recommendation, Trade at your own risk.
NSE:RELIANCE1!Long
by chazzsen
Reliance MILESTONE view ( Super CHANCE)Hello Traders and investors, As we can see the reliance was consolidated in a range by last two years after bullish rally, may be now reliance is ready to fly again as per technical analysis. A proper range bound zone and we can see the supply and demand zone as range of last two years. A proper downtrend channel pattern and trend line breakout happening in current scenario. So we can assume 6th back to back target as per chart view or historical data. Entry = Above 2350.55 Stop loss = 2299 Target = 2413--2494--2580--2698--2827--2975+++ Disclaimer = This is an educational purpose post not as trading recommendation, Trade at your own risk.
NSE:RELIANCE1!Long
by chazzsen
Tata Motors on the Move: Unpacking the Bullish MomentumA recent development on the Tata Motors stock chart has caught the eagle eye of traders and investors: a compelling breakout from a bullish pennant, coupled with a closure above its All-Time High (ATH). While these technical patterns portray a potentially lucrative picture, it's vital to delve deeper and understand the implications and strategies before jumping on the bandwagon. 1. The Bullish Pennant Breakout: A Signal to Surge: Tata Motors has unfurled a classic bullish pennant, a continuation pattern that signifies a potential pause in the market followed by a robust breakout. The breakout, importantly, is accompanied by a noticeable uptick in volume, further solidifying the move and indicating strong investor participation and interest. High trading volume during a breakout often underscores the momentum and could suggest a robust upward move in the forthcoming trading sessions. 2. Soaring Above the ATH: Uncharted Territory: Navigating through its historical data, Tata Motors has recently closed above its ATH, a significant development in the technical analysis realm. A stock reaching new heights can potentially indicate that it is being driven by underlying fundamental strength or positive sentiment among investors. This scenario can often pave the way for further price appreciation, as it reflects a prevailing bullish outlook and a lack of overhead resistance. However, thorough scrutiny and vigilant monitoring are paramount to navigate through these uncharted territories effectively. 3. Charting the Course: Target and Risk Management: For those considering entering around the INR 670 mark, a potential target could be envisioned around INR 800, providing a seemingly attractive upward potential. However, astute investors must always pair potential gains with a rigorous risk-management strategy. In this context, maintaining a stop loss slightly below INR 570 could be a prudent strategy, offering a bit more than a 1:1 risk-to-reward ratio. This approach not only safeguards your capital to an extent but also ensures that the trading strategy remains disciplined and well-structured. Disclaimer: Not Financial Advice: It's imperative to underscore that the perspectives shared in this article are purely observational and not financial advice. The financial markets are influenced by a myriad of factors, and while technical analysis provides insightful data, it does not guarantee future results. Always ensure that your investment decisions are well-researched, align with your financial goals, and are supported by a comprehensive understanding of the risks involved.
NSE:TATAMOTORSLong
by TrendTechnician
Bitcoin (BTC) technical and fundamental analysisThe price of Bitcoin has entered the 4-hour Imbalance zone, as we warned in all our recent ideas. Consequently, the price has broken above the global descending trendline and moved out of the previous price range. This BTC rally is associated with a significant accumulation of short positions, with the total volume of shorts reaching up to 85% compared to longs. During the upward impulse, short positions totaling over $100 million were liquidated. Currently, we anticipate trading within the 4-hour Imbalance zone to fill gaps in horizontal trading volume levels. If the price fails to consolidate itself above the resistance block, it's likely go to correction of the recent upward impulse to the 0.61-0.78 Fibonacci levels. During this correction, it may also retest EMA50 and the descending trendline. However, if buyers manage to maintain their strength and continue the upward movement, we anticipate a test of the next significant resistance block around the psychological level 30,000. 📉 Global view of the Bitcoin market On the daily logarithmic chart, Bitcoin's price is testing the intersection of the 200-day and 200-week moving averages. If it consolidate above these moving averages, the next target for the upward movement could be a retest of the upward trendline above which lies the 1-week Imbalance zone. In this zone, gaps in horizontal trading volume levels need to be filled. However, to achieve this, buyers will need to overcome the significant resistance block at 30,000-32,000. It's important to note that the RSI indicators on the 4-hour and 1-day timeframes are already entering the oversold territory, indicating a potential trend reversal on the horizon. Additionally, it's worth remembering that the Bitcoin price has not yet fully played out the breakout from the bearish wedge pattern. Furthermore, there hasn't been a proper correction of the entire uptrend since the beginning of this year. These factors suggest that the market may still experience significant volatility and potential price movements in the near future. Traders should closely monitor these and be prepared for various scenarios. Levels long positions: 23,000 - level of the cost zone control point (POC) 22,000 - 0.61 Fibonacci retracement level 20,000 - 0.78 Fibonacci retracement level 17000-19000 - Imbalance zone 1H Levels for short positions: 29,000-30,000 - 0.78 Fibonacci retracement level 32 000-35000 - Imbalance zone 1W 36,000-38,000 - zone of possible retest of the trend line 40,000 - psychological resistance level The index of fear and greed is in the neutral zone - 50. The total capitalization of the cryptocurrency market increased to $1083 billion, and the Bitcoin dominance index increased to 50.53. According to the analysis of the accumulation of large blocks in order books, the supply and demand zones are located at the following levels: 🟢 Demand zone: 20000 - 26000 🔴 Offer zone: 29000 - 32000 📊 Fundamental analysis Historical data has shown that October has traditionally been a favorable month for Bitcoin price growth. Currently, there's an active hashtag campaign on social media called #Uptober, indicating optimism among cryptocurrency enthusiasts for a positive trend in October. Large investors continue to accumulate Bitcoin. According to on-chain analysis, addresses holding between 10 and 10,000 BTC are accumulating coins. This suggests that institutional investors remain bullish on Bitcoin. In the world of U.S. politics, a compromise bill was passed, preventing a government shutdown at least until November 17th. This news has provided support to all risk asset markets, including cryptocurrencies. The American stock market initially responded to this news with a slight upward impulse in the S&P500 index, but it was later overshadowed by a decline. Meanwhile, the U.S. Dollar Index (DXY) continues to rise. These factors highlight the dynamic and interconnected nature of the financial markets, with political developments, institutional interest, and seasonal patterns all playing a role in influencing market sentiment and asset prices. 🌐 Upcoming macroeconomic events The following dates are expected to bring increased volatility in both the stock and cryptocurrency markets: ➤ October 3rd at 17:00 - Job Openings and Labor Turnover Survey (JOLTS) data for August. ➤ October 12th at 15:30 - U.S. Consumer Price Index (CPI). ➤ November 1st at 21:00 - New Federal Reserve interest rate decision.
by TradeINEX
📈 Stock Analysis: GRM Overseas - A Promising Turnaround OpportuHey traders and investors, I wanted to bring your attention to an exciting opportunity that's been on my radar - GRM Overseas . This stock appears to be setting up for a potentially lucrative move, and here's why you might want to consider it for your portfolio. 🔄 Rounding Bottom Formation (Long Term): GRM Overseas has been in a bottoming process for an extended period, forming what technicians refer to as a "rounding bottom" pattern on the long-term chart. This pattern suggests that the stock has undergone a significant correction and is now showing signs of reversal. It's a promising signal for those looking for turnaround plays. 📊 Stage 2 Candidate: Based on the Wyckoff methodology, GRM Overseas could be considered a Stage 2 candidate. In this stage, a stock often sees accumulation by institutional investors and begins its uptrend. If the stock continues to exhibit positive price action and breaks out convincingly, it could confirm the start of a significant move higher. 💰 Potential for Lucrative Returns (6-12 Months) : While past performance doesn't guarantee future results, the setup on GRM Overseas suggests that there's potential for attractive returns in the medium term, possibly over the next 6-12 months. Of course, market conditions can change, so it's crucial to keep monitoring the stock's progress. 🚦 Manage Risk Wisely: As with any investment, it's vital to manage risk wisely. Given that GRM Overseas is in a reversal phase, it's prudent to allocate a smaller portion of your portfolio to this trade. Diversification remains a key strategy for risk management. Remember, this analysis is based on technical patterns and historical data. Always conduct thorough research, consider your risk tolerance, and consult with a financial advisor if needed before making investment decisions. My Entry : 198 SL : 178 Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Trading and investing carry inherent risks, and past performance is not indicative of future results.(only for educational purpose) What are your thoughts on GRM Overseas? Do you see the potential in this setup? Share your insights below! 🚀📊💼
NSE:GRMOVERLong
by aryn_9
Crude Oil on Fire ..Weekly bullish divergence seen 3 days beforeCrude oil bullish divergence is a valuable concept in technical analysis that can help traders identify potential trend reversals and make more informed trading decisions. This article will explore what bullish divergence is, how to spot it on crude oil price charts, and practical tips for incorporating it into your trading strategy. Understanding Bullish Divergence: Explain the concept of bullish divergence in detail, emphasizing how it occurs when the price of crude oil makes lower lows while the RSI indicator makes higher lows. Emphasize the importance of this pattern as a potential early signal for a trend reversal. Identifying Bullish Divergence: Provide step-by-step guidance on how to spot bullish divergence on crude oil price charts. Include annotated examples to illustrate the concept visually, making it easier for readers to understand and apply. Confirming with Other Indicators: Highlight the significance of using multiple indicators to confirm bullish divergence signals. Suggest pairing RSI with other technical indicators like Moving Averages, MACD, or Stochastic Oscillator to strengthen your analysis. Timeframe Considerations: Explain how the timeframe you choose can impact the significance of bullish divergence. Discuss the differences in signals and reliability between shorter-term and longer-term charts and how this may influence your trading approach. Risk Management and Stop Loss: Emphasize the importance of risk management when trading crude oil based on bullish divergence signals. Encourage readers to set appropriate stop-loss levels to protect their capital in case the trade doesn't play out as expected. Fundamental Analysis: Acknowledge that technical analysis, including bullish divergence, is just one piece of the puzzle. Encourage readers to also consider fundamental factors such as geopolitical events, supply and demand dynamics, and economic indicators that can affect crude oil prices. Backtesting and Practice: Suggest the use of backtesting to validate the effectiveness of the bullish divergence strategy over historical data. Encourage readers to practice on demo accounts before implementing the strategy with real money. Real-Life Examples: Share real-life examples of successful trades using bullish divergence in the crude oil market. This can help readers relate to the strategy and see its potential application in live trading scenarios. Patience and Discipline: Stress the importance of patience and discipline when trading based on bullish divergence. Remind readers not to rush into trades and to stick to their trading plan, avoiding emotional decisions. Conclusion: Summarize the key points of the article and reiterate the value of understanding and using bullish divergence in crude oil trading. Remind readers that mastering this powerful tool requires continuous learning, practice, and adaptability to changing market conditions.
MCX:CRUDEOIL1!
by digitaltrader003
NIFTY50 Stock/Index Trend with TBP for OCT 31Current Trend and Trend breakdown points of all NIFTY 50 Stocks and Index using the below approach: The underlying principle is “ The trend is your friend, until the end when it bends ” Mechanical Trading with no specific Targets I use only mathematical approach in identifying the trend and predict a number where it bends. I identify the Trend of a set of Data set using polynomial regression approach Yt = B0 + B1t + B2t^2 + Ut (2nd Degree Polynomial example). Value of B1 and B2 Interpretation if B1 > 0 and B2 >0 Increasing > UP trend if B1 >0 and B2<0 Inverted U Shape > UP trend to Down trend if B1<0 and B2<0 Decreasing > Down trend if B1 < 0 and B2 > 0 U shape Data > Down to UP Trend change I then pro grammatically find the value of stock/Index that changes B1 and B2 to change the shape which ideally indicates change in trend. I also use other Mathematical approaches like Standard deviation, Volatility, Fibonacci ratios etc to revalidate them again.Based on historical data and above inputs the AI programs identify what value of Stock/Index will change the trend to reverse the current trend in order to stay on the trend as long as it exists. I do not use any technical indicators to manually find any specific number and all these are unbiased /no human interpretation method without using any charts. NIFTY Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 17793.06 BANKNIFTY Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 40952.72 ADANIPORTS Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 817.15 ASIANPAINT Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 3087.82 AXISBANK Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 888.58 BAJAJ-AUTO Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 3669.67 BAJAJFINSV Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 1642.97 BAJFINANCE Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 6982 BHARTIARTL Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 810.91 BPCL Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 302.99 BRITANNIA Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 3764.93 CIPLA Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 1157.46 COALINDIA Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 244.3 DIVISLAB Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 3597.08 DRREDDY Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 4484.46 EICHERMOT Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 3724.03 GAIL Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 89.62 GRASIM Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 1704.49 HCLTECH Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 1027.15 HDFC Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 2398.2 HDFCBANK Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 1459.31 HDFCLIFE Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 535.65 HEROMOTOCO Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 2646.13 HINDALCO Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 410.75 HINDUNILVR Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 2558.24 ICICIBANK Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 918.47 INDUSINDBK Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 1165.96 INFY Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 1515.28 IOC Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 68.6 ITC Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 346.26 JSWSTEEL Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 661.7 KOTAKBANK Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 1873.17 LT Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 1963.65 M&M Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 1309.73 MARUTI Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 9385.53 NESTLEIND Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 20162.09 NTPC Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 173.05 ONGC Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 133.51 POWERGRID Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 224.41 RELIANCE Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 2516.02 SBILIFE Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 1251.66 SBIN Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 578.59 SHREECEM Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 21380.72 SUNPHARMA Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 998.51 TATAMOTORS Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 409.57 TATASTEEL Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 102.78 TCS Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 3158.65 TECHM Current trend is Sell Action for next Trading day is Continue SELL and reverse to Buy if closes above 1051.85 TITAN Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 2728.38 ULTRACEMCO Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 6440.46 UPL Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 706.07 WIPRO Current trend is Buy Action for next Trading day is Continue BUY and reverse to SELL if closes below 382.74
NSE:NIFTY
by AstroAnalytica
9
NIFTY AND BANKNIFTY WEEKLY UPDATE!!good morning members!! -back with a weekly update global observation -dollar index above 110 which is bad -we have discussed this higher the dollar index fii will pull money -but the daily chart in dollar index is showing negative divergence -which indicates a top in dollar index is near USA MARKET UPDATE -index closed negative of friday too -record level of shorts in us markets -a short squeeze is on the cards -historic data us market remains negative in sept EUROPEAN MARKETS -euro markets are going to suffer the most -the term "winter is coming actual suits them" -gas prices are going to go higher -our natural gas play is going good -european market inflation is going higher and higher INDIAN MARKETS -what we need to see how much of the negative news is priced in -we have no doubt outperformed global markets -view is still bearish but we are absorbing the news -if dollar index tops out we will see major boost in second half of the month -if market consolidates will be great -we are in a better position -remember our market will outperform if there is a global market -we have seen dollar/inr find resistance at 80.2/80.3 -rbi is capable of monetary intervention NIFTY INDEX TECHNICAL VIEW -in simple words nifty index is consolidating -rejecting the trendline on the upside -the best and ideal position to buy nifty index is at 17030-17050 or above 17830 -remember if we absorb the global pressure we will fire on the upside sooner of later -our view of new all time high till diwali is intact -today we have a holiday in usa market due to labor day -remember crucial for nifty to defend 17500 -if breaks below i will look for levels of 17050-16950 zones to accumulate nifty SUPPORT 17430-17225-17150 RESISTANCE 17630-17740-17830 (levels based on closing basis only) BANKNIFTY INDEX TECHNICAL VIEW -banknifty index is more strong compared to nifty -index is trading in a range of 37800-39800 -note here the index is making higher low each time -levels to watch in banknifty index is 38850 -a move below this level will open up a move towards 37800-38200 -a move above 39800 (sustains for 15-30 mins) will open up a trending move in banknifty index SUPPORT 37800-38200-38800 RESISTANCE 39750-39800 NOTE FOR BOTH THE INDEX -past three days we have inside bar pattern on daily chart -a range break on either side will lead to a good move DATA -fii long exposure down to 19% -all are worrying -its a good thing their exposure is less in the market -banknifty and nifty pcr @0.95/1 -only worry is naked put exposure of retail -they can be taken to cleaners if market reverses FOR FURTHER TRADE ACTION -Check the link in the signature box -further updates only in the channel
NSE:NIFTYLong
by manavtechresearch
1
Mangalam Cement - Might get a breakoutRecently cement sector is gaining momentum. After the 2020 fall, the stock is linearly increasing with a spurt in July 2021. Since then the stock has again caught itself in a range between 326 and 414 which can also be confirmed from historical data. Seeing current situations we might expect the stock to give massive returns. Seeing the fib levels and EMA 50 and 200 we can expect Target to be 544 and if it is broken, the sky is the limit. Please comment your thoughts and do share your view among others.
NSE:MANGLMCEMLong
by kunalsanghvi2012
A wonderful app helping Harmonic Trading simplifiedI am using this Android app "Shares Guidance System" since few days. it looks very promising to me especially Harmonic Signals, which are little difficult to identify during day trading. I have been consistently making profit watching 1m signals given in the app. Of course I am checking RSI also for correctness of the signal and that is how I am further reducing my trading going opposite. I would suggest everyone should try this app. Few things are simplified through this. Few things that i like about the app is the success rate of the pattern, it is worth to consider them while trading to keep us safe and it looks to be a honest number since i could match it with historical data. All in all i think i found an app which reduces my effort to trade. Also i am using bluestack to download this app and use it so that i can watch it on my computer.
NSE:NIFTY
by Lion4may