CREDITACC- Price at support line forming Morning StarThe 850 range has been a significant support level for this stock since 2020. After a decline from its all-time high of 1750 to the 850 range, the price is now forming a Morning Star pattern on the weekly timeframe. An entry opportunity is available only on Friday if the green candle formation is good without long wick, with a stop-loss placed below the hammer candle.
Support
Birlasoft - Positional setupCMP 599 on 12.10.24
A Pole and Flag pattern-like formation is in progress on the chart. But a trade setup should be backed by other parameters too.
The range of 550-580 has been acting as a good support zone for a long time. This time, it reversed from the zone again—a good time for a buy setup with a favorable risk-reward ratio.
Immediate targets seem 670, 710, and 740.
The setup fails if the price sustains below 550-540 levels.
Position size should be following risk management.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
BankNifty, Nifty, Gold & Bitcoin - Maha Bounce!In last week's video, we anticipated significant moves across BankNifty, Nifty, Gold, and Bitcoin, all aligning with NDA+ victory in the Maharashtra Assembly elections. Here’s a quick recap and what to watch next:
BankNifty: What's Next?
- The index could face resistance in the 51650-51950 zone as a Bearish Shark pattern unfolds along with falling channel resistance.
- If a gap-up move brings BankNifty into this resistance zone and it holds below 52000, it could present an opportunity to sell.
- Key Alert: If the index breaks above 52000, the Bearish Shark pattern becomes invalid, as it would breach the falling channel.
- In case of a gap-up opening at 51650-51950, be cautious of a sharp drop towards the 50950-51000- first target zone downside
- Further downside could extend to 50350-50550 if 50900 support breaks.
Gold: A $100+ Upside Move
Gold delivered a remarkable bounce, gaining over $100 + as discussed last week.
Bitcoin: Nearing $100,000
Bitcoin is on the verge of a monumental milestone, heading close to the $100,000 mark—a notable achievement since last week's prediction.
Stay sharp as we enter this critical week. Watch for the levels discussed, and remember to trade with caution. Let’s see how these setups play out!
Market whispers! Can You Hear Them?
Have a great week ahead!
Best regards,
WaveTalks
GPPL - Engulfing candle near support lineThe 170 price range has been serving as a strong support line since February 2024, with the price previously testing this level three times. Now, the price has returned to the same level and engulf candle structure, increasing the probability of a bounce back toward the resistance line. Additionally, the stock is forming an open wedge pattern, further supporting the bullish outlook.
LAMBODHARA - Price at support linePrice consolidate since January 2023 and it supports bothe resistance and support for 2 years. Currently, stock in support line with good candle formation. Only benefit in entering these type of structure is we can have stoploss below support line and target near resistance line.
EUR/USD - Cross currency Pair at support lineEUR - USD currency pair respecting trendline since Janaury 2023 and price came to that suport line now and today it forming good green candle. I took paper trade in this because of LEAP competition. We can expect price might go up until 1.068 in short term.
AVALON TECHNOLOGIES - In a Range, Either side trade can be takenAvalon technologies is in a range of 654 and 530
The stock is trading in a range between 654 and 530. Once it moves out of that range, either up or down, it's very likely that the stock will continue moving for a while in that direction. Volume will be important, as always, so watch it.(please be aware and also just give a glance to the volume when 654 or 530 range is broken)
Please like, boost, and support for more motivation to help others!
Banknifty intraday trading On saturday approx rally 1200 points so it might me hall for two days
market open gap up and close 52500 15 min candle then i will enter the trade and my sl candle low target is 52746.25
if market open flat if the rejection will come from 52200 i will enter the long trade
IF it open gap down 51880 will be act as support price was broken and it will retested for the First time
Expiry may be done at 52500 to 51500
IRB After Giving Great Runup attempting to take supportNSE:IRB after giving great runup attempting to take support at 200 EMA with somewhat good volumes.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Market at Crossroads: Will the Next Move Be Up or Down? After 1200 points down side in 5 days, will nifty continue to fall more or it will consolidate for the new upside run ??
Nifty looks oversold in smaller time frame, looking at those it seems we should see some bounce back up !
Overall to stay cautious and stay alert on the indexes, would suggest to stay away from Futures and Options.






















