Nifty Intraday trade Prediction|25 August 2021We saw a good up-move as Nifty broke the falling resistance line and met all of our buying targets, as predicted. For tomorrow, we can expect a move higher above 16650, although caution is advised around the 16700 zones, as it is a Nifty ATH.
Look for a selling opportunity in the morning at higher levels if we begin with a large gap-up.
Tomorrow's Expectations: A turbulent day.
Intraday Levels:
Buy Above - 16650
Sell Below - 16550
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Signals
NAUKRI: A Bullish Trend "
TECHNICAL ANALYSIS OF NSE:NAUKRI
The LAST CLOSE PRICE of NSE: NAUKRI is 5301.1 . The PARABOLIC SAR is showing the BUY SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.382 at the FIBONACCI STOCK PRICE LEVEL of 5301.1. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 5156.85 with RESISTANCE 1 and RESISTANCE 2 at 5397.3 and 5501.1 respectively. The Key 50% FIBONACCI LEVEL stands at 5320 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 52.07 and 38.39 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 62.36 and -3.79 at 76.06 along with HISTOGRAM showing values of -13.69, the STATUS is clearly BUY CROSSOVER NEARING IN.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at 0.8 and 0.27 with DOWNTREND as TREND CHANGED TO BUY. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.3062 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 48.37 which signifies its Price Level to be TOO EXPENSIVE.
>>> RECOMMENDATION is : BUY."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
INDIGOPNTS: A Bullish Trend"
TECHNICAL ANALYSIS OF NSE:INDIGOPNTS
The LAST CLOSE PRICE of NSE: INDIGOPNTS is 2564.95. The PARABOLIC SAR is showing the BUY SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.5 at the FIBONACCI STOCK PRICE LEVEL of 2605.1. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 2530.89 with RESISTANCE 1 and RESISTANCE 2 at 2621.4 and 2656.65 respectively. The Key 50% FIBONACCI LEVEL stands at 2595.7 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 50.81 and 49.34 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 13.44 and 6.67 at 14.15 alongwith HISTOGRAM showing valus of -0.72, the STATUS is clearly BUY CROSSOVER NEARING IN.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -0.6 and -0.31 with DOWNTREND as UPTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.4585 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, howver the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at which signifies its Price Level to be .
>>> RECOMMENDATION is : BUY."
EURUSD Technical Analysis
Welcome back Traders, Investors, and Community!
Here on EURUSD the price has formed a Reverse Head & Shoulders, which is suggesting the bullish trend if it breaks out of the Neckline and shows us a potential entry after the breakout. However the price might go lower to 1.1868 for the Pullback before it goes up.
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NSE: EQ-SANGHIIND Long Position . Huge Buying observed . NSE: EQ-SANGHIIND
I've observed a good quantity of buying, long positions. After some consolations, we can observe that there is some expansion happening in the stock backed with huge quantities of purchase, long orders.
The fundamentals of the company are " OK ", but there are huge quantities of stock being purchased.
In my opinion, Going long on this stock might fetch a 20% return in the coming months.
Thank You
Jaideep Pande
XAUUSD Technical Analysis
Gold is in strong downtrend and can clearly see more big red candles than the green ones which suggests the price has tendency to go lower. We already had a Pullback at 1795.36 and the second Pullback might happen again which would make a double top at 1795.36, but if it doesn't happen we expect the price to go lower to at least 1743.16
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DOGEUSDT Technical Analysis
Very clear downtrend on the 1 hour time frame. After the price broke below the Support and got out of the Triangle with a long big red candle it's expected to go lower to 0.25 and even lower to 0.225. there might be a pullback which might happen at the Resistance line of the triangle. but most likely it will go lower.
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XRPUSDT Technical Analysis
So here on XRPUSDT the price has formed a descending Triangle at the Support zone and has got 3 rejections. It is expected that the prices breaks above the Resistance line and goes higher up to 1.04
If the breakout happened at the lower time frame we need to see the candlestick patterns and if we see a Bullish pattern we can go long.
However if it breaks below the Support then after a Pullback it's expected to go lower down to 0.532
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BTCUSDT Technical Analysis
Here on the 1 hour time frame we see that BTC is in a Bullish channel and has got 3 rejections from the Support line. On the other hand the price is right at the previous Resistance turned into Support which is suggesting the price might go higher from this level. If the Pullback happens it must be around 37978.0
TP1 @ 39690.0
TP2 @ 41078.0
TP3 @ 43748.6
SL @ 37365.0
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GBPUSD and NZDCHF and EURUSD Technical Analysis
Here on GBPUSD we have been in a Bullish channel and inside this channel it has formed a Bullish Flag. As we see on the chart the price has got rejection from two support lines of the Bullish channel and the Flag and also a very strong Support area.
Buy now or Buy at 1.40767
SL @ 1.39890
TP1 @ 1.41820
TP2 @ 1.42430
TP3 @ 1.43389
here on NZDCHF on the bigger picture we see a Bullish Flag and it seems that if we get a break above the short term Resistance within the Flag the price will move higher to touch the upper band of the Flag.
Here on EURUSD we also see a Bullish Flag, The price is near the Support area and the Support line of the Flag. It seems that the price can't get a way from it. If we see a good long entry in the lower time frame we can go long, however if the price ranges at this area the probability of the breaking below the Support increases.
BTCUSDT and XRPUSDT Technical AnalysisBTCUSDT has already broken two major Resistances on the 4H and 1D . After 4 rejections at the Resistance on the 4H finally it broke above it and has been going up since then. The candles pattern also is showing a pure uptrend for the last 6 days on the Daily time frame .
On the 4H time frame the price has formed a Triangle. We might have a shallow Pullback after the price getting out of the Triangle but what I expect is to go higher to hit 43031.0
Buy now or Buy at 37339.1
SL @ 34119.0
TP1 @ 43031.0
TP2 @ 47578.0
TP3 @ 51555.2
XRPUSDT also has formed a Triangle on 4H and daily time frames. We need to wait until it gets out of the Triangle and then based on the Candlestick patterns on the lower time frames look for any potential entry in the direction of the market.
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MATICUSDT Technical Analysis
Happy Monday guys, I'm here with another Signal
MATICUSDT has broken above a major Resistance and now it's ranging. because of the big Green candle I think it's gonna go higher how ever it might Pullback to 1.3 before it rises. So we need be cautious to see the price action.
Buy now or Buy at 1.300
SL @ 1.23
TP1 @ 1.5
TP2 @ 1.67
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XLMUSDT Technical AnalysisXLMUSDT has formed a Falling Wedge with 4 rejection at the Resistance and 3 Rejection at the Support. Meanwhile we see a Divergence in RSI which indicates a potential uptrend. There might be the 5th Rejection at the Resistance also or it might just break above the Resistance and goes higher. If we get the 5th Rejection at the Resistance then a Pullback to 0.283 is expected before the price goes higher to at least 0.352. In either cases we need to see the lower time frame before we enter any trade. If we get the confirmation at the lower time frames it would be safe to enter.
Buy at Resistance Breakout or Buy at 0.283
SL @ 0.26
TP1 @ 0.352
TP2 @ 0.434
TP3 @ 0.53
Happy Trading :)