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Shortsetup

Titan - Keep On WatchCMP 3580 on 03.02.25 The above chart shows that the price has been traveling in a rising parallel channel in recent sessions. At this moment, the price has touched the upper edge of the channel. If rejected from these levels, a bearish move may be seen further. Targets may be 3510/3330 and 3190. Please keep in mind the earnings day around 4th February. This setup fails if the price sustains above 3710. Plan your trade as per your risk management. ( entry and exit) The above illustration is my view. It is only for learning and sharing purposes, not a trading recommendation. All the best.
NSE:TITANShort
by anandlive
22
Midcap ETF forming Dual Rounding PatternThe ICICI Prudential Midcap ETF is currently exhibiting a technically significant dual rounding pattern on its chart, with one smaller rounding top pattern nested within a larger, longer-term rounding formation. The 21 level has emerged as a strong support zone. A breach of this level would likely activate the smaller rounding top pattern, potentially leading to a further decline toward the 19 level. The ETF initially displayed a bullish structure characterized by higher highs and higher lows, but has now shifted to forming lower highs and lower lows, a common early indicator of a trend reversal from bullish to bearish. This suggests that while the market is in the early stages of this reversal, it's too soon to definitively call the transition. Volume analysis plays a crucial role in confirming price action, as volume tends to be a more reliable indicator. In the recent chart movement, a clear volume divergence was observed during the last upward move, indicating weakening buying interest. Conversely, there has been volume agreement during the recent price decline, further supporting the possibility of a bearish shift. Close monitoring of volume trends will be essential in confirming this potential reversal and avoiding any price manipulation signals. ****Nifty Midcap forming same pattern but we analyze this because we will do Price Volume Analysis***
BSE:MIDCAPIETFShort
by Arvind_Share_Academy
EUR/AUD 4-Hour Chart AnalysisKey Observations: 1. Support Zone: - The price is currently retesting a key support zone around 1.6540–1.6565, which previously acted as a demand zone. 2. Trendline Break: - The uptrend has been invalidated with the break of the ascending trendline, suggesting a potential shift in momentum to neutral or bearish. 3. Key Levels: - Resistance Above: Potential resistance can be seen near 1.6650–1.6700, in case of a bullish retracement. - Support Below: - 1.6359 (first support level). - 1.6199 (major support). - 1.6018 (long-term support zone). 4. Possible Price Movements: - A bullish rebound from the current support zone or a bearish continuation if the price breaks below it. --- Trading Scenarios: 1. Bullish Rebound: - If the price holds above the 1.6540–1.6565 zone, it may attempt a recovery toward the previous highs. - Entry: Above 1.6570 - Targets: 1.6650, 1.6700. - Stop-Loss: Below 1.6530. 2. Bearish Breakdown: - A decisive break below 1.6540 may open further downside toward the lower support levels. - Entry: Below 1.6530. - Targets: 1.6359, 1.6199, 1.6018. - Stop-Loss: Above 1.6570. --- - Wait for clear confirmation (e.g., a strong candle close) before entering a trade to avoid false breakouts. - Use proper risk management with clearly defined stop-loss and take-profit levels. --- **Disclaimer**: This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making investment decisions. Trade responsibly.
Short
by PhD_Swingtrader
EUR/NZD 4-Hour Chart AnalysisKey Observations: 1. Support Zone: - The price is currently testing a key support zone around 1.82880–1.83160. 2. Uptrend Break: - The ascending trendline has been broken, indicating a potential shift in momentum from bullish to neutral/bearish. 3. Trading Ranges: - Resistance Above: Potential resistance is visible near 1.8450–1.8500, in case of a bullish recovery. - Support Below: If the price breaks below the current support, the next levels to watch are: - 1.8143 (intermediate support). - 1.7986 (major support). - 1.7806 (long-term support). --- Trading Scenarios: 1. Bullish Continuation: - If the price holds above 1.8315, a bounce toward the previous highs near **1.8450–1.8500** is possible. - Entry: Above 1.8350. - Targets: 1.8450, 1.8500. - Stop-Loss: Below 1.8300. 2. Bearish Breakdown: - If the price closes decisively below 1.8315, it could trigger further downside toward 1.8143 and possibly lower. - Entry: Below 1.8300 (watch for retest). - Targets: 1.8143, 1.7986, 1.7806. - Stop-Loss: Above 1.8350. --- - Be cautious of false breakouts and wait for confirmation (such as a strong candle close) before entering trades. - Use proper risk management with defined stop-loss and target levels. --- Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making investment decisions. Trade responsibly.
Short
by PhD_Swingtrader
USD/JPY 15-Minute Chart AnalysisKey Observations: 1. Trendline Break: - The price broke the ascending trendline, indicating a potential shift in momentum. 2. Support Zone: - The price is hovering around a key support area (156.500–156.650). If this zone fails, we could see further downside movement. 3. Bearish Setup: - A bearish view can be taken with the stop-loss around 156.900 to 156.940 and the target near 154.03. - This gives a favorable risk-to-reward ratio if the setup plays out. --- Trading Scenarios: 1. Bearish Continuation: - If the price breaks below 156.500, it could confirm the bearish move towards 154.03. - Watch for bearish momentum and volume to support the move. 2. Rejection and Reversal: - If the support zone holds, the price might retest the resistance near 156.940 or higher, invalidating the bearish setup. --- Patience is key here; wait for clear confirmation of the breakout or rejection. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making investment decisions. Trade responsibly. Happy Trading
Short
by PhD_Swingtrader
NIFTY PREDICTIONS.... BEARISH OUTLOOK FOR DECEMBER 2024. I'll try explaining my Nifty chart analysis through Elliot waves. Nifty, again, is likely correcting in a 5-wave pattern. After reaching an ATH of 24274, Nifty's downside waves/correction started towards the end of September. Wave (1) moved in a 5-wave pattern and ended around 24700, as marked in the chart. Wave (2) had a zig-zag pattern and ended around 25200. Wave (3) also had a 5-wave pattern, falling 1.23 times wave 1 to end around 23300 levels. Wave (4)- Nifty is currently in this wave, which is probably in a zig-zag pattern. Wave (4), as usual, notoriously has violent moves on either side, giving challenges to traders. Probable levels of termination of wave (4) are 24800 {0.5 of waves (1-3)}and 25150 {0.618 of waves (1-3). Wave (5) - Assuming wave (4) termination around 25150, we can expect a big correction in Nifty to 22700 levels. This wave (5) alone can cause approximately 10% fall in Nifty. Remember, THE MARKET IS ALWAYS RIGHT. Trade with appropriate stoploss.
NSE:NIFTYShort
by Stock-Holmes
1
Nifty Index Futures: Key Technical Insights for December 2024The Nifty Index Futures chart highlights significant market developments, signaling potential shifts in momentum. Here’s a concise analysis: Key Highlights Trendline Breakdown: The long-standing upward channel has been breached, indicating bearish pressure. Bearish Patterns: A confirmed head-and-shoulders pattern with a neckline breakdown suggests further downside. Emerging lower highs and lower lows confirm a bearish trend structure. Critical Levels: Resistance: 24,400 and 25,000. Support: 23,625, 23,222, and 21,827. Scenarios: Bullish: A recovery above 24,400 could target 25,000. Bearish: Sustained trading below 23,625 may lead to 23,222 or lower. Trade Plan: Short Trade: Consider shorting below 23,625 with a stop-loss at 24,000 and targets at 23,222 and 21,827.
NSE:NIFTY1!Short
by ayusharya_001
IPCA LABS - Shorts below 1550 you may think of buying a put option or selling futures if IPCA labs closes below 1550 levels and then you can thank me later by boosting, liking and sharing the post. One of the first modern pharma factory of yesteryears was commissioned by Ipca at Mumbai in 1969. The company was originally promoted by a group of medical professionals and businessmen and was incorporated as 'The Indian Pharmaceutical Combine Association Limited. ' in October 1949. Thank you.
NSE:IPCALABShort
by piyushbafna000
KPIT - at 1 YEAR SUPPORT LEVEL Can Enter at 1330 if again falls then you need to average at 1230 level Target - 1800,1930 Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:KPITTECHLong
by Jagadheesh_JP
Reliance : Where is the next Stop?Reliance broke down from support and gave a weekly close below that support. Looks bearish to me. The next stop could be 1100. If market is to fall further then this will be an ideal shorting candidate. If the markets were to reverse from here and we get a close above 1300-20 levels can try a long position and add small quantity. This is just a view and not a Buy/Sell recommendation. Please study the chart. Based on the market movement, find your opportunity.
NSE:RELIANCE
by sagartharayil