Bajaj Finserv stock trendline Breaks then take supportBajaj finserve was moving sideways for quite some time and just few days before gave a breakout after that retest.
Elliot Wave looks like it has made an ABC correction.
Right now the price will either breakout or breakdown so we will keep an eye on its action. If it breaks out then we will enter 1790 and our stoploss will be 1685 and our target will be 2000.
Supportbreakout
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.
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
[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.
NIfty 28 July Expiry PlanNIfty 28 July Expiry Plan...
there is swing from nifty nifty show up momentum
so if market open gap down tomorrow then those buyers
who bought at last swing will get trapped and try to exit
their trade and can take new entry toward sell side
even sellers get start to sell whcch cause panic selling
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
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.
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.
Sbilife Trade Setup For tomorrow (short)Sbilife is making a good price action a good downward momentum stock give the correction.
.
Now stock is testing 1150 levels, so for tomorrow if stock goes below 1150 you can sell this trade.
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Target would be around 1125.
.
What's your view on this comment below in the box.
NIFTY HIGH PROBABILITY INTRADAY BUYThe markets witnessed an exhaustion gap on friday where it ended on red despite opening in green.
The structure of the market however remains bullish.
Trends on sgx nifty show that the market is going to open with a heavy gap down on monday .
The most important support for nifty lies at 17436 .
A long trade in nifty can be initiated at this support with a very small stoploss and RTR upto 3.30 can be achieved.
T1-17464
T2-17495
T3-17522