PANAMA PETROCHEM is in consolidation and RSI is showing a reversal with trend shift. Any move above this green zone will lead to another 52Wk high. ENTER only if you can accumulate for sometime.
NIFTY Intraday Trade Setup For 01 Jan 2023 Bullish-Above 21810 Invalid-Below 21760 T- 21940 22070 Bearish-Below 21670 Invalid-Above 21710 T- 21570 21435 NIFTY has closed on a bullish note last week with 1.79% gain. Index is approaching 22k mark as discussed in the last week. Possibility of a major top seems near 22500 zone. However 22070-22100 can also trigger...
NIFTY Intraday Trade Setup For 08 Dec 2023 Bullish-Above 20970 Invalid-Below 20920 T- 21090 21235 Bearish-Below 20850 Invalid-Above 20900 T- 20684 20558 NIFTY has closed on a slight bearish note with 0.17% cut today. Nothing triggered as per trade setup just like BANKNIFTY yesterday. 10 o'clock range was intact whole day. Till now our TSL in long (from 19880)...
A Strategic Evaluation of Torrent Power's Momentum. Recognizing the Pivotal Influence of Institutions in Catalyzing Market Dynamics, this In-Depth Analysis Illuminates a Noteworthy Intraday Opportunity. Following a Period of Strategic Rest, Torrent Power is Poised for a Resurgence, with Every Indicator Aligned for an Uptrend. The Inclusion of Significant...
💎 Attention Paradisers, Let's take a look at JUV/USDT on the hourly chart. We're seeing a classic head and shoulder pattern forming, signaling a potential bearish shift. The left shoulder and head are showing higher highs, while the right shoulder is indicating a lower high, suggesting a change in momentum. 💎 If the price breaks below the crucial neckline and...
NIFTY Intraday Trade Setup For 28 Aug 2023 Bullish-Above 19340 Invalid-Below 19290 T- 19489 19600 Bearish-Below 19225 Invalid-Above 19275 T- 19105 19005 NIFTY has closed on a slight bearish note last week and day with 0.23% and 0.62% cut respectively. Its been a month (30 Jul) we planned our sell below 19560. This was triggered on 01 Aug and last swing...
💎 Paradisers, cast your eyes on DYDX/USDT. The daily chart reveals an 'M' pattern emerging within the supply zone, amplifying the chances of a bearish shift. Adding to this, the supportive trendline has been breached. 💎 For a clearer bearish confirmation, watch out for a descent below the 1.915 demand level. If this occur, we might be looking at potential...
💎 Paradisers, let's take a closer look at GMX/USDT. On the daily chart, a head and shoulder pattern is emerging, hinting at a potential price reversal. Here's the breakdown: the left shoulder indicates higher highs, the head continues this trend, but the right shoulder? It's showing a lower high, signaling a possible shift. 💎 For this pattern to truly manifest,...
MATIC/USDT 💎 ParadiseSquad, let's turn our attention to MATIC/USDT. Currently, it's consolidating beneath the demand and supply zone on the 1-hour timeframe. Interestingly, it seems to have trapped breakout traders who entered at the breakdown of the demand zone. 💎 If these traders have placed their stop losses above the supply zone, a break above this zone...
Earning season will likely to dominate the market week a head Major US companies, such as Bank of America, Morgan Stanley, Goldman Sachs, IBM, Netflix, Tesla, and Johnson & Johnson will drive the US markets. Indian investor will await the results of top Nifty 50 companies such as HDFC Bank, LTI Mindtree, FMCG Major HUL, Ultratech. On the macro data front US...
Nifty opened gap up at 19076 immediately hitting an all time high, that was just the start. Most of the traders were expecting N50 to close the gap and fall to the trading range of the previous day. That did not happen, instead N50 was firing on all cylinders. The major reason for this thrust in rally came from NiftyIT which ended +2.5% today. IT's strength...
BANKNIFTY Intraday Trade Setup For 26 Jun 2023 Buy-Above 43825 Sl- 43720 T- 44040 44280 Sell-Below 43515 Sl-43620 T- 43300 43077 BANKNIFTY has closed on a bearish note last week with 0.72% cut. After the breakdown of rising wedge pattern below 43930 in hourly it is in decline mode. To change its phase index has to sustain above 44100 in hourly and daily TF....
Once upon a time, when the world was engulfed in the grips of the COVID-19 pandemic, the financial markets trembled, and the price of XAUUSD embarked on a rollercoaster journey, capturing the hearts and minds of investors. As the pandemic emerged in early 2020, fear and uncertainty spread like wildfire. The global economy was thrown into disarray as countries...
BANKNIFTY Intraday Trade Setup For 13 Feb 2023 Buy-Above 41680 Sl- 41570 T-41810 42000+ Sell-Below 41420 Sl-41510 T- 41255 41070 BANKNIFTY has closed a absolute flat note last week. Its a neutral closing and whole week was heavy rangebound. Inside candle has been formed in weekly charts. Above/below mother candle's high/low there will be a range shift. That...
Key highlights: ⚡️ Market structure has started to shift. ⚡️ Consolidating in the range for the last 2 months. ⚡️ Some volume expansion in the last 2 days. ⚡️ If it manages to sustain above 390, expect it to move towards 440. Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy...
Key highlights: ⚡️ Market structure may soon shift. ⚡️ Wyckoff accumulation schematic but not a clean one. ⚡️ Volume expansion in the last few days. ⚡️ Attempting to push towards the range high. ⚡️ If it manages to sustain above 355, expect it to move towards 400. Disclaimer : This is NOT investment advice. This post is meant for learning purposes only....
NIFTY Intraday Trade Setup For 04 Aug 2022 Buy-Above 17410 Sl-17350 T-17500 17600 Sell-Below 17215 Sl-17275 T-17155 17060 NIFTY has closed on a slight positive note with 40 points gain. Closing is near day high. A range (17200-17400) has been formed since last 3 trading sessions. Today it tested the upper range. Above 17410 we will see a range breakout/shift....
BANKNIFTY Intraday Trade Setup For 17 Mar 2022 Buy-Above 35810 Sl-35700 T-36000 36200 Sell-Below 35450 Sl-35550 T-35200 35000 BANKNIFTY opened with a very big gap up on Wednesday after closing in a negative sentiment on Tuesday. Due to this big gap up index lost its all momentum and resulted in a sideways market. Even the 10 o'clock range was not tested. Vix...