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Bata India Weekly: Long-Term ₹1,000 Support Holds FirmThis weekly chart of Bata India Ltd. (NSE: BATAINDIA) sharply illustrates the critical long-term support level near ₹1,000, originally established during the Covid-19 crash of early 2020. The chart highlights a multi-year retest of this zone in 2025, reinforcing its importance as a key demand area. Notably, the recent volume surge at this support emphasizes a strong buying interest, suggesting accumulation and potential trend reversal. The clear defense of this support, combined with price action holding above, points to a significant upside breakout opportunity above ₹1,250. Traders should watch for confirmation of a sustained reversal to capitalize on the favorable risk-to-reward scenario, with stop-losses logically placed just below this well-tested support. This chart stands out by combining historical context, volume analysis, and precise annotations for a comprehensive technical setup. It’s a textbook example of supply-demand dynamics, providing actionable insights for swing traders and investors aiming for tactical entries on quality stocks.
NSE:BATAINDIALong
by SaadMunshi
Simple Support & Resistance Strategy on XAUUSDThis chart illustrates a simple but effective support and resistance trading approach. Support Levels: Support 1: Acts as a key demand zone where buyers may step in if price revisits this area. Support 2: A minor intraday support that can provide short-term bounce opportunities. Resistance Levels: Resistance 1: The broader supply zone where sellers previously pushed price lower. Resistance 2: A closer level that may act as a barrier for short-term upward moves. What’s Happening: Currently, price has broken below Support 2 and is testing downward momentum. Two possible scenarios are highlighted: Price retests Support 1, holds, and then bounces back toward Resistance 2. Price fails to hold at Support 1, leading to further downside continuation. Probability Outlook: If buyers defend Support 1 strongly, probability favors a bounce toward Resistance 2. If Support 1 breaks with volume, probability favors a bearish continuation move to lower levels. This setup shows how simple zone-to-zone trading can provide clear potential paths without overcomplication. 👉 Always remember: This is not financial advice, but an educational demonstration of support/resistance principles.
OANDA:XAUUSD
by cryptovarthagam
HINDALCO 10R probable trade set upThe short-term price action for Hindalco appears to be positive, with some bullish indicators: The stock is trading above its 20-day Simple Moving Average (SMA) of 657. The price is in the upper range of the Bollinger Bands, suggesting strong momentum. The MACD has generated a buy signal, although it is initial and weak. The CCI (Commodity Channel Index) has generated a strong buy signal. However, there are also some cautionary signs: The RSI is generating a sell signal in the short term. Volume-based indicators are showing selling momentum. Medium-term Outlook The medium-term analysis reveals a more complex picture: The stock is trading slightly above the 200-day Moving Average, around 6521. The zone between 652-620 is considered a crucial demand area. The RSI on the daily timeframe shows early signs of reversal, suggesting potential bullish momentum. Key Levels to Watch Resistance: A critical resistance level is identified near 715. Breaking above this level could negate the existing negative trend and confirm a reversal. Support: The 652-620 range is an important support zone. Maintaining a position above this range is crucial to prevent further selling pressure1. Options Data The Put-Call Ratio (PCR) for various strike prices indicates: For the 630 strike, the PCR is 3.58, suggesting more put options are being traded relative to call options. Higher strike prices (710, 720, 750) show lower PCR values, indicating less bearish sentiment for those levels.
NSE:HINDALCOLong
by KamalKJoshi
Altseason Confirmed: Altcoins Surge as Bitcoin Dominance Decline*Title: #BTC Dominance Breaks Support: Altseason is Here! 🚀** Description: In this video, we dive into the latest market movements confirming the onset of #altseason. As Bitcoin dominance (BTC.D) breaks through its critical support line, altcoins are set to take the spotlight with explosive growth potential. Join us as we analyze: 1. **BTC.D Breakdown:** Detailed analysis of Bitcoin dominance breaking its support line and what this means for the broader crypto market. 2. #Altseason Indicators:** Key indicators signaling the start of #altseason and why altcoins are poised for major gains. 3. **Top Altcoins to Watch:** A rundown of the top-performing altcoins and those with the most potential in this bullish phase. 4. **Technical Analysis:** Expert technical analysis on #BTC.D, including trend lines, support/resistance levels, and what to expect next. 5. **Market Strategies:** Proven strategies to maximize gains during #altseason, including portfolio diversification and risk management tips.
CRYPTOCAP:BTC.DShort
by crypto_vulture_signals
1
BREAKOUT IN BANK OF MAHARASHTRA 📌SWING TRADE FOR NEXT WEEK🚀 Hello guys, I am a swing trader by passion i only trade on swing stocks. 📌I post daily SWING CHARTS analysis on my trading view profile.. so let's start 📌TRADE ANALYSIS OF BANK OF MAHARASTRA :- •Breakout of symetrical pattern on DTF with strong candle •Break counter trend line •Volume increases last Days weeks high •Bullish trend/ make good structure also •Made good price action •Make higher highs/higher lows 📌 If you have any questions about any stock you can comment on post 📱 📌Disclaimer:- This all chatrs analysis are only for educational purposes only I do not provide any CALL or Tips
BSE:MAHABANKLong
by UnknownUnicorn31634885
[POSITIONSL] AXISBANK LONG IDEAAXISBANK is currently trading at a big resistance zone that is trying to break it. This Resistance zone has touched 5-6 times in the past but could not breach it. If AXISBANK breaks this resistance zone it is a very good candidate to go long for target of 1000-1100s . Entry :- 825 SL :- 722 (Last swing low) Target :- 1022 Please Note:- AXISBANK is almost at ATH also the overall markets (NF/BNF ) are near ATH. So there is a chance of correction, pullback even after the break of this zone (due to overall market conditions ) so we have to be cautious. We will wait for the closing Above entry point for two days before taking this trade.
NSE:AXISBANKLong
by Santosh_A_Chavan
Silver Price action and RSI study Silver Making multiple supportive nodes -> 1) Making it weak 2) Might take support to ( thus making it a tradable area ) Learning Pointers >> Pattern here is Descending triangle >> Time frame here is Weekly >> Candle position -> Mother bar : Inside bars on multiple weeks >> Rsi telling about Divergence of price and relative strength ( Rsi making higher lows, meaning it is bullish ) >> Price making same lows >> Price taking rest at 150dema, can combine itself with 200dema too in near future on W charts
MCX:SILVER1!Long
by Averoy_Apoorv_Analysis
UBL - POTENTIAL POSITIONAL OPPURTUNITYUBL is on a multiple time tested support and is also getting several bounces from the 200 ma cluster. A great swing opportunity can be captured for 15%-20% gains On daily tf 1485 - 1500 is a well maintained support and the stock has managed to close above that for several times. 200 MA last resort to bulls and shows a good bounce. Sitting on the BOS & Flip Zone Support buy (Small sl risky trade/ better reward) - 1500 Breakout buy - 1570 Targets mentioned in the chart above Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:UBLLong
by this_is_shoaib
Weekly BTC-USD(6th December)Extreme fear sentiments dominated in the latter part of this week as bears started to command the whole Crypto ecosystem. The total market cap plunged by more than 10% from the high of 2.71 trillion to close the week at 2.27 trillion. With the news flowing in about the new COVID strain, both the traditional and crypto markets plummeted heavily. BTC witnessed a massive dump which also resulted in huge liquidations and closed the week with a ~14% decline and formed a big bearish weekly candlestick. At the time of writing, BTC is trading slightly below $49K. On the Daily TF, BTC is now trading below its 200-DEMA and has broken down its crucial support level of $50K which depicts that the bull party is currently over and bears have taken the charge. BTC made a low of $42,333 but bulls tried to cover their tracks and recovered more than 12% from its lower levels. Key Levels to watch out for:- Support 1- $46,200 Support 2- $42,000 Resistance 1- $51,000 Resistance 2- $53,000 Momentum:- Daily RSI indicator has now dipped to 30 which suggests it is reaching its oversold zone and short term pullbacks to the higher side can be expected from time to time. Weekly MACD is also giving negative crossover, suggesting the overall bullish trend structure is broken now and further selling pressure can be expected in the coming weeks.
COINBASE:BTCUSDShort
by TradeDog-Research