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TradingView Community Awards 2023Our 2023 Community Awards have arrived! It's time to shine a light on the standout traders, the ones who have not only shared consistent ideas on our network, but have also expanded their influence and captivated our trading community with countless boosts, follows, and comments. Below, you'll find the profiles of our winners. This includes the top achievers who not only made it to our Editors' Picks but also bagged a free Premium plan! And let's not forget our second and third-place stars, who are also getting their well-deserved spotlight. Make sure to check out and follow these remarkable authors! 🌟🏆📈👇 🏆 Most popular ideas: These are the ideas that created the most engagement from our community in 2023. Check out how they stood the test of time. 🔥📈💡 🥇 Gold - Don't Dread! Spread the Thread in Polymed! Looks good Ahead! 🥈 Silver - HUL Analysis! W and Flag and Pole! 🥉 Bronze - Bank Nifty Positional view 🏆 Most Valuable Pine Scripts Dive into the most valuable Pine Scripts of 2023 on TradingView. They're game-changers, loaded with innovative features to enhance your trading. Check them out and level up your strategies! 🌲📊🚀 🥇 Gold - Simple Range 🥈 Silver - Benchmark, Sector & Stock Performance 🥉 Bronze - Buy/sell signals with Support/Resistance 🏆 Best Educational Ideas Packed with wisdom and top-notch strategies, these ideas are gold mines for anyone keen to learn. Dive in and boost your trading know-how!📖💡 🥇 Gold - Interpretation Of Chart Patterns According To Market Phase 🥈 Silver - EMA, Envelope & Bollinger bands for Trend Trade with Small SL 🥉 Bronze - Risk and Opportunity 🏆 The Top Chatters Our most active chatters of 2023 on TradingView! Think of them as the Chatty Cathys and Talkative Toms of the TradingView social network.🎙️😄 🥇 Gold: www.tradingview.com 🥈 Silver: www.tradingview.com 🥉 Bronze: www.tradingview.com 🏆 Top Live Streamers These are the superstars turning screens into stages, dishing out live trading drama and wisdom. Tune in to their channels for a front-row seat to the action! 🎥🎤 🥇 Gold: www.tradingview.com 🥈 Silver: www.tradingview.com 🥉 Bronze: www.tradingview.com 🏆 Top Editors’ Picks Take a look at 2023's stars on TradingView, consistently featured in Editors' Picks! They're the maestros of the market, delivering quality insights and analyses time and again. Follow their work for a steady stream of top-notch trading wisdom. 🔮📈🧙‍♂️ 🥇 Gold: www.tradingview.com 🥈 Silver: www.tradingview.com 🥉 Bronze: www.tradingview.com And there you have it! Our 2023 community award winners. Now, let’s all have a fantastic 2024 together. Godspeed! Team TradingView 📈🌲
Editors' picks
NSE:NIFTY
by TradingView
16
Giveaway Alert - Win a Pro, Pro+, and a Premium plan!We are giving away a Pro, a Pro+, and a Premium plan to you, our community of traders and investors. ❤ All you have to do is subscribe to our weekly newsletter and join the family of over 25 lakh readers. If you’re already subscribed, keep reading to learn how you can win. What is our weekly community newsletter? Our weekly newsletter is built for one purpose: to keep you up to date in the markets. We include educational posts and ideas from our community, top scripts, an earnings calendar, an economic calendar, and more to prepare you for each week. How to subscribe to our weekly newsletter? 1. Go to the top right-hand side of your screen, click on the display picture and then select “Profile settings”. 2. Then click on the “Notifications” tab. 3. Once you open the notifications, you will see various options under the “Email preferences” tab. Just check the “Weekly digest” option and save changes. That’s it, you are good to go! 4. Once you are done subscribing to the newsletter, just sit back, and relax. We send our newsletter each Monday morning and we’ll be sharing the contest details. Make sure to open the next newsletter! Set a reminder for Monday at 9 AM. When you receive our next newsletter, follow the instructions and you will be entered for a chance to win. We look forward to seeing you. Oh, and please feel free to send us any feedback about our newsletter. We especially want to hear if you enjoy it or if there’s anything you would like to see added! Let’s go! See you all next week. 🙂 – Team TradingView
Editors' picks
NSE:ADANIPORTS
by TradingView
31
Now Live: Trade Directly on Dhan from TradingView Mobile AppsWe know Traders love Charts and also love one of their (and also our) favorite charting platforms - TradingView. Just a few months back we launched our integration with TradingView which enabled Dhan users to trade directly from TradingView.com. Our integration with TradingView has been a game-changer for many Super Traders in India, as it has allowed them to execute trades directly from TradingView's platform. As of now, over 40,000+ traders in India have connected their Dhan accounts with TradingView and are seamlessly analyzing their trades as well as executing or trading directly from TradingView. We understand that many traders are on the move, and as a result also frequent users of TradingView apps. Today, we are thrilled to announce that Dhan is now accessible through TradingView's Android and iOS apps, which means now you can trade directly from TradingView mobile apps! As the first platform in India to offer this incredible feature, we take immense pride in delivering an outstanding trading experience to our Super Traders. This integration with TradingView offers our users an added level of convenience and flexibility, providing them with a seamless trading experience on one of the most widely used platforms globally. By connecting to the Trading Panel on TradingView, you can elevate your trading experience and take advantage of some remarkable features like: - Pine Editor: Get seamless access to Pine Editor and execute your trades directly without any manual intervention - Get access to all the required Pine Script libraries - Access to > 1,00,000 Community Scripts - Bar Replay - Rewind markets and watch with user-defined speed - Use Multiple Indicators - Stock Screener - 1-Second Chart Timeframes - Add Price Alerts across all your positions seamlessly - Trade with 12 Charts Types Including Renko, Kagi, and Point & Figure Note: Access to these features depends on your TradingView subscription. In case you need a quick refresher on how to connect your Dhan account to TradingView, we have this demo for you below. We are committed to bringing our customers the best possible trading experience, and we believe that this integration will further enable our users to trade seamlessly. Happy Trading!
NSE:NIFTY
by Dhan
7
Now Live : MCX Commodity Trading from TradingView.com with Dhan Dear TradingView community, We love building for our users, investors & traders. One of the asks from early users of Dhan was about charting - we took that as a challenge and have continuously improved and built for our super traders. Starting first with launching a dedicated Trade from Charts console with TradingView ( tv.dhan.co ) and then going further and introducing TradingView Connect with Broker where you can place orders directly from TradingView.com just by choosing Dhan as a broker on the Trading Panel. With that enabled for the first time in India, we now have more than 1,00,000 using Dhan to place orders on TradingView.com. We enabled you to trade in Equities and Equity Futures via Dhan on TradingView. As always, our commitment to delivering incredible trading experience for India’s Super Traders remains unwavering. Now to take Dhan’s TradingView experience even further we are introducing Commodity Futures trading directly on TradingView.com. Best part? You can use all your favorite premium TradingView features to trade commodities with👇 Pine Editor Community Script Bar Replay Multiple indicators Multi Chart Layout If you haven’t connected your Dhan account to TradingView yet, this is how you can do it: Login to TradingView Choose Dhan on the TradingView Panel Place trade seamlessly With this introduction, we are committed to providing you with a comprehensive trading experience right at your fingertips. Note that, Commodity Futures trading is made available across all TradingView platforms, which includes Web and Apps of TradingView. Let us know your views on this and stay tuned for more updates. Note: Access to premium features depends on the type of your TradingView subscription. Happy Trading! Naman
MCX:NATURALGAS1!
by Dhan
Live: Now get Advt-Free Experience for Charts on TradingView.comHello Traders, We are always striving to enhance your trading experience, this time beyond the execution of your trades. Our partnerships and integrations are a testament to this commitment to enabling a Trading and Investing experience for you with our partners, and we are aiming to deliver more value and a better experience for you. Our collaboration with the team at TradingView has always been a step in this direction. Like many of you, we love and admire TradingView’s comprehensive and intuitive charting tools. Whether you're using them on tv.dhan.co or directly on TradingView.com, their charts are indispensable tools in the Trader's toolkit. And when you trade on TradingView.com with Dhan, you're getting the best of both worlds - exceptional charting combined with our robust trading platform. Today, we're thrilled to announce a significant update for all our Dhan users: Advt-free Experience for Charts on TradingView.com For the next year, enjoy an uninterrupted, ad-free experience on your TradingView.com charts - at no additional cost, even without a paid subscription; yes - even for Free users of TradingView.com. Simply connect Dhan as your broker in the Trading Panel, and our friends at TradingView will handle everything else. Not only this, no ads when you browse through TradingView content or publish your ideas. This initiative is to ensure that all Dhan users have an exceptional trading experience, free from any distractions and clutter. We believe this will greatly enhance your chart analysis, allowing you to focus more on what matters - your trading decisions . We are excited to bring this to you. Happy trading, and here's to clearer charts and sharper trades! And special thanks to our TradingView community members for their suggestions, and feedback throughout. We are working continuously working towards providing an exceptional Trading experience to all the users.
NSEIX:NIFTY1!
by Dhan
4
More than 100000 seamlessly trade on TradingView.com via Dhan🚀It’s a momentous day for us as we celebrate an incredible milestone: over 100,000 Traders are now experiencing seamless trading through Dhan on TradingView.com. We want to express our deepest gratitude to our community of SuperTraders who have shown unwavering support on this journey. Remember, we were the first Indian broker to join TradingView’s Trading panel, enabling seamless trading on both TradingView.com and the TradingView App (available on iOS and Android). And the best part? We’re just getting started! Stay tuned as we continue to roll out exciting features aimed at elevating the trading and investing experience for Indian Traders & Investors. Thank you for being a part of our remarkable journey! We will continue to actively engage with the TradingView.com community, bringing tons of value that will help traders like you make better trading decisions.
NSE:NIFTY1!
by Dhan
How to get started with Options Trading on TradingView with DhanHi Traders, For traders tracking Indian markets, there's exciting news: TradingView now supports Options Charts , and you can Trade in Options directly on TradingView with Dhan . We’re sure that you already know - Dhan is the first platform in India to bring Options Trading on TradingView. To get started, link your Dhan account to TradingView. Navigate to the ‘Trading Panel’ at the bottom of the screen, click on the Dhan logo, and scan the QR code using your Dhan app to log in. Alternatively, you can enter your login details manually. If you don't have a Dhan account, initiate your registration by clicking on ‘Open Account’. Once your Dhan account is connected, you're all set to trade from TradingView. Simply open the search box, type the instrument name search for the underlying asset, and select 'Options' from the top horizontal tabs. Currently, options trading is available for 5 indices and 182 stocks on the National Stock Exchange, all accessible through the Dhan and TradingView integration. The available indices are: - Nifty 50 - Nifty BANK - Nifty FINANCIAL SERVICES - Nifty MIDCAP SELECT - Nifty NEXT 50 - Plus, 182 individual stocks* This seamless integration of superior charting and dhan execution capabilities promises to enhance the trading experience. Feel free to share your thoughts and experiences in the comments below.
NSE:NIFTY
by Dhan
1
Now Trade Options on TradingView🚀Hello Community, At Dhan, we understand that traders like you are constantly seeking ways to streamline their trading process, optimize their strategies, and seize opportunities swiftly. With this in mind, we proudly present the Dhan Webhooks for TradingView feature, designed exclusively for TradingView's super users. Our team has collaborated closely with TradingView to leverage their Alert feature and craft an unparalleled order execution system on the Dhan platform. This integration empowers you to place orders on Dhan based on your TradingView indicators, strategies, alerts, or Pine scripts, effectively bridging the gap between these two platforms. New possibilities with webhook feature Listening to your valuable feedback, we have enhanced and expanded the Dhan Webhooks experience, and today, we're excited to unveil a new range of enhancements: 1. Webhooks as an Order Type: With our new update, Webhooks are now available as an order type on the Dhan platform. This means that you're not confined to scripts available solely on TradingView. Whether it's Equity, Futures, Options, or even Multi-segments, you can execute orders based on any chart, providing you with unprecedented trading flexibility. 2. Options Trading with Dhan Webhooks: We've also introduced the ability to execute Options trades using Dhan Webhooks. Now, you can leverage the power of this integration to optimize your Options trading strategies and capitalize on market movements like never before. 3. Multi-Segment Strategies: Take your trading to the next level by building strategies with multiple legs across segments. Thanks to Dhan Webhooks, you can now place orders via indicators on TradingView charts, creating intricate trading strategies with ease. We understand that one of the most important goals for traders is the ability to automate their strategies without the need for complex coding. With Dhan Webhooks, this goal becomes a reality. You can seamlessly integrate your existing TradingView strategies with Dhan's order execution capabilities, without altering your chart setup. Dive into systematic trading with confidence, as your TradingView strategies generate alerts and place trades, all while you monitor the progress. And here's the best part: no coding experience or knowledge is required. Dhan Webhooks empowers you to build sophisticated automated trading strategies effortlessly. Want to get started? look no further we have made a dedicated video for how you can add webhook on TradingView and Dhan. Just search for How to use Dhan Webhook for TradingView | Options Trading | Pine Script | Alert Explained | Dhan on youtube and you’re good to go! Hope you like this feature as much as we loved building it for you. Happy Trading!
NSE:NIFTY
by Dhan
6
Infy: RESULT NEWS being factored in by Technical AnalysisInfy - In Technical Analysis it is said, "Price factors in every thing." Does it: Let us see with Infosys chart and result announcement news What charts were saying before result announcement Chart Observations Channel trade - we see Infy moving in the red channel since July 2020 - the channel was broken in Feb 2021 and that was an indication of Infy possibly changing gears - In April 2021, this cue was captured in our Infy result strategy, and it was suggested that Infy might pause at mid point of the red channel see for yourself Infy reacted exactly from those levels as Charts indicated - come July 2, 2021, this is what was updated here at tradingview. On July 2, it was said that Infy is near the top of blue channel. - Infy Results were announced yesterday evening after market hours and again we see Technical levels being respected. The NEWS reaction has not breached the channel top so far. - let me re-iterate, Technical Analysis is not about being right or wrong... I use it - to know my risk involved and reward potential - plan my trade with this knowledge & - be comfortable with the outcome If you analyze the Infy trade strategy that was suggested on 2 July, This strategy would be - profitable by 12 points per lot if Infy falls down - profitable by 12 points per lot if Infy stays sideways - profitable by 4 points per lot if Infy rises up to 1668 on expiry day - in loss if Infy goes above 1672 This strategy was adopted again based on Technical Analysis and chart observations - on previous occasions, the best movement before the results were out was of 27.29% - the current rally started after making a low of 1311 - so factoring a 27.29% rally from 1311 comes to 1668 Whereas the trading strategy covered the risk for a rise up to 1672 (still profitable by 4 points) "Sau baat ki ek baat bol raha hoon aaj - I'm not here for your likes but If you understand this well, it can make a world of difference to you... So Mark these words If you ensure you don't lose, you would be profitable" Hope you find it helpful. You can follow me but don't follow blindly Learn to identify opportunities independently Make good use of tradingview Happy learning...!!!🙂 Regards Vaibhav Deshpande Indiamarketoutlook
NSE:INFY
by indiamarketoutlook
4
Comprehensive Guide to Trading AUD/USD on TradingView **Description:** Dive into the world of Forex trading with our in-depth analysis and strategy guide for trading the AUD/USD pair on TradingView. Our approach combines fundamental insights and key economic indicators to provide a robust framework for making informed trading decision Fundamentals Overview: 1. **Economic Indicators**: Track crucial economic data such as Australia's GDP growth, employment rates, inflation, and trade balances, along with U.S. Federal Reserve policies and economic reports. These indicators can significantly impact the AUD/USD exchange rate. 2. **Commodities Influence**: Given Australia's status as a leading exporter of commodities like iron ore and coal, global commodity prices, and China's demand for these resources play a pivotal role in shaping AUD/USD movements. 3. **Interest Rates**: Monitor interest rate decisions from the Reserve Bank of Australia (RBA) and the Federal Reserve. Interest rate differentials between the two economies can lead to capital flows that impact the exchange rate. 4. **Geopolitical Events**: Stay updated on geopolitical developments that might affect market sentiment and risk appetite. Trade policies, international relations, and global economic stability are crucial factors. Disclaimer: Trading foreign exchange (Forex) on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Long
by MoonTradingForecast
Nifty: Chart view & key takeaways...!!!Nifty Not so long ago on 18th April we had highlighted that staying above 20 day EMA will increase the chances of testing 50 day EMA in the next 14 days. Not that we have reached there but we are very close to it. In case you missed, you can follow the link below It did give a scare by dropping below 20 day EMA but next day itself it recovered. We were able to spot that the breakdown was a fake breakdown and adjusted our trading strategy accordingly. Although we are still to cover some distance, here are some live current examples where the hypothesis worked out very well. 1 DAX, Germany chart - a picture perfect trade --------------------------------------------------------------- 2 Taiwan - it tested 50 day EMA before time. Could not survive the 3 day confirmation. Fell down towards 20 day EMA, took support and regained energy to reclaim 50 day EMA on the 14th day --------------------------------------------------------------- Dow Jones - again similar to Taiwan index was ahead of it's time . Regained strength and came back to conquer 50 day EMA on the 14th day. ---------------------------------------------------------------- Hangseng - a little bit tricky but again on time to conquer 50 day EMA on 14th day Not 1 but 4 charts are in front of you. The point I am trying to highlight here is you don't need any tips or any insider info to make money. Charts can be your biggest source of information provider. They do try to communicate with us. They try to tell us a lot. Are you ready to listen...??? What's my view on Nifty going forward... - we are reaching at a zone which has multiple resistance now Important levels on the upper side 9627 / 9685 / 9735 Important levels on the lower side 9493 / 9452 / 9396 / 9325 In best case scenario, over the next 2 months there is a case of Nifty heading towards 10200-10435 levels. - Understand this is not a buy recommendation for tomorrow. In all the above 4 charts Dax, Taiwan, Dow Jones, Hangseng notice the re-testing of 20 day EMA. So plan to buy only on dips towards 20 day EMA . That will provide better risk::reward ratio. - Trading is all about probabilities and managing your risk. Identifying levels which provide good risk::reward ratio -------------------------------------------------------------------------------------------------------------------------------- 2 key takeaway leanings. -- Moving Averages are less effective in a sideways market but when the gap between 2 Moving Averages is significantly large that's when M.A can be your best friend. (for beginners - 5 day, 20 day, 50 day, 200 day Moving Average are most common) - 3 day confirmation - with over 14 years of observation can tell you that most of false breakout / breakdown give up within 3 days. If it can survive beyond those 3 days you have a stronger confirmation and a higher probability of a winning trade. There you go. Note it down... Make your own diary & keep learning Getting a lot of request for presence in telegram. Thank you all for showing the interest and support.Will surely consider & keep you guys notified. You can always connect me here at tradingview. Follow...
NSE:NIFTY
by indiamarketoutlook
5
CNXIT & TradingView-Both in Drivers Seat -9920 to 15000!!! 05:45 Hrs - 21st Aug 2018 Last Price@14996 Hello All, Good Morning! TradingView in Drivers Seat - Exciting! Rev your engines! You might notice a familiar name for two races during the 2018 Monster Energy NASCAR Cup Series season, because TradingView will be sponsoring cars No. 51 and No. 52. The first race will be held on Saturday, August 18, at the Bristol Motor Speedway for the Bass Pro Shops NRA Night Race. The green flag is scheduled for 7:43 p.m. ET with television coverage starting at 6 p.m. on NBCSN. Reed Sorenson will drive No. 51, the 2018 Chevrolet Camaro. Sorenson has been driving since he was six years old and began his career as a full-time driver in 2003. The second race takes place on Sunday, September 2, at the Darlington Raceway for the Bojangles’ Southern 500. Driver intros start at 5:20 p.m. ET on NBCS. ---------------------------------------------------------------------------------------------------------------------------------------- CNXIT - In Driving Seat -That’s 300kph, not 100! (You can click the ideas) ---------------------------------------------------------------- Tech Mahindra - Can double bottom hold at 453- Click the Idea to read Tech Mahindra - Act like Lawyer -Turning from 442 ------------------------------------------------------------------------------------------------------------------------------------------- Infosys - 900 to 1400 -------------------------------------------------------------------------------------------------------------------------------------------- CNX IT - The Driver What a rally from 9500-9600 as suggested -has up -up & away started....... reached highs at 15150 as on Aug 2018 30th Nov 2016 - W = Y = Z is equation solved 18th Jan 2017 - Revisiting The Sell Setup 12th Feb 2017 - Has the Up-Up & Away started at 9500-9600 zone
NSE:CNXIT
by WaveTalks
2
"🚀 Castrol Stock Analysis: Bullish Signals & Targets📈 NSE:CASTROLIND Technical Analysis (Week Ending 16th Feb 2024) Closing Price: 💵 207.70 Parabolic SAR: ✅ Buy Signal @ 186.55 EMA & MA Crossover: 🔄 Pending (Bullish Trend Support Expected Soon) MACD: MACDR: 📊 6.95 (Crossing Signal) Histogram: ➕ Positive @ 0.05 Stochastics RSI: 🔄 K51.90 ➡️ D35.58 (Oversold Zone Exit) %R (Williams Percent Range): 📈 Upward Trend @ 21.52 Fisher Transform: 🐟 0.58 (Bullish Crossover Mid-Range) 🎯 Targets: First Target: 🎯 213.55 (Recent High) Second Target: 🎯 220.40 (Fibonacci 1.618 Level) 🛑 Stop Loss: ⚠️ 199.50 (Fibonacci 0.618 Level) ⚠️ Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Market conditions are dynamic; trade responsibly based on your own due diligence. #Castrol #TechnicalAnalysis #StockMarket #NSE #TradingView #Investing #Finance #Stocks #BullishTrends #TradingSignals #MarketAnalysis #FibonacciLevels #StochasticsRSI #MACD #ParabolicSAR
NSE:CASTROLINDLong
by finogent
NOCIL: Breakout Confirmed, Uptrend or Pullback Test?Analysis: The chart of NOCIL on TradingView presents a post-breakout scenario, offering potential long entry opportunities but also demanding cautious consideration. Let's delve into the details: Current Price: ₹290, surpassing the key resistance level of ₹285 marked by the orange line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by moderate volume, confirms a potential trend reversal from resistance to support. However, a crucial question emerges: Has the uptrend momentum exhausted, or is a pullback retest of the breakout level imminent? Trading Strategies: Aggressive: Option 1 (Immediate Long): Enter long if the price closes and sustains above the current level (₹290) with persistent buying volume. This aggressive approach assumes the uptrend will continue. Option 2 (Retest Confirmation): Enter long only if the price retests and decisively breaks above the breakout level (₹285) with renewed buying volume. This option waits for confirmation before committing. Conservative: Wait for Pullback: Wait for a potential pullback towards the breakout level (₹285) or within the previous consolidation zone (visible in the chart, likely between ₹260-₹280). Enter long only if the price finds support at the pullback zone and exhibits bullish reversal signs (e.g., hammer candlestick pattern). This approach prioritizes minimizing risk by waiting for confirmation. Additional Considerations: The stock market is volatile, and even confirmed breakouts can experience pullbacks. Conduct thorough fundamental research to assess NOCIL's financial health, industry outlook, and future prospects before making investment decisions. Implement prudent risk management through stop-loss orders and appropriate position sizing. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
NSE:NOCILLong
by TRADING-NASA
Federal Bank: Breakout Confirmed, Bullish Consolidation or RetesAnalysis: The chart of Federal Bank on TradingView suggests a confirmed breakout above the 158.95 resistance level (orange dotted line), offering a potential long entry opportunity. However, recent market volatility and the price action within the chart require careful consideration. Current Price: ₹164.70, above the breakout level Breakout Confirmation: The recent surge past the resistance zone, accompanied by decent volume, confirms a potential trend reversal. However, the recent market weakness and the consolidation pattern visible in the chart necessitate further analysis. Trading Strategies: Aggressive: Enter long only if the price breaks above the consolidation range with renewed buying volume, suggesting continued momentum. This approach requires confidence in the breakout's strength despite recent market weakness. Set a stop-loss order below the breakout level (₹158.95) or below the consolidation range, whichever is more conservative. Potential target prices could be ₹175 and ₹185 based on chart patterns and Fibonacci extensions. Conservative: Wait for a potential pullback towards the breakout level (₹158.95) or within the consolidation range. Enter long only if the price finds support at the pullback zone and exhibits strong bullish reversal signs, such as a double bottom or engulfing bullish candlestick pattern. This approach prioritizes minimizing risk before committing. Additional Considerations: The stock market is inherently volatile, and recent market weakness could impact Federal Bank's momentum. Carefully analyze the price action within the consolidation range in the image to assess its strength and potential breakout direction. Conduct your own fundamental research to assess Federal Bank's financial health, industry outlook, and future prospects before making investment decisions. Implement prudent risk management through stop-loss orders and appropriate position sizing. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions
NSE:FEDERALBNKLong
by TRADING-NASA
Granules India: Breakout Confirmed, Long Opportunity EmergesAnalysis: The chart of Granules India on TradingView suggests a promising breakout opportunity, potentially signaling a long entry chance for traders. Let's analyze the details based on the information provided on chart. Current Price: ₹455.75, above the old year resistance level of ₹436.20 marked by the orange line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume, confirms a potential trend reversal from resistance to support. Uptrend Momentum: The sustained price increase after the breakout indicates continuing buying pressure, hinting at further upside potential. Trading Strategies: Aggressive: Enter long if the price closes and sustains above the current level (₹455.75) with continued buying volume. Implement a stop-loss order below the breakout level (₹436.20) to manage risk. Potential target prices could be ₹480 and ₹505 based on chart patterns and Fibonacci extensions Conservative: Wait for a potential pullback towards the breakout level (₹436.20) or within the previous consolidation zone (₹410-₹430) (highlighted in the image). Enter long if the price finds support at the pullback zone and exhibits bullish reversal signs (e.g., hammer candlestick pattern). Utilize a stop-loss order below the pullback low for effective risk management. Additional Considerations: The stock market is volatile, and breakouts can sometimes fail. Conduct your own fundamental research to assess Granules India's financial health, industry outlook, and future prospects before making investment decisions. Manage your risk effectively using stop-loss orders and appropriate position sizing. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions.
NSE:GRANULESLong
by TRADING-NASA