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NONFARM SHOCK – GOLD FACES LIQUIDITY TEST BELOW! NONFARM SHOCK – GOLD FACES LIQUIDITY TEST BELOW! 📊 Massive Sell-off on NFP & Key Liquidity Zones Ahead! Gold closed the week with a sharp rejection as expected, following the Nonfarm Payrolls (NFP) release and Asia’s Golden Day. Price was driven higher during the Asian & European sessions, hitting key resistance at 2881, before experiencing a strong dump in the US session. 🚨 Key Observations for Next Week’s Market Plan: The daily candle formed a 20-pip rejection wick, signaling strong selling pressure at the top. H4 closed bearish, reinforcing the correction phase. On H2 and H1, strong Marubozu bearish candles emerged, confirming that SELL orders dominated the 2881 resistance and prevented any breakout. Price has now closed below VPOC (the high-liquidity zone), which previously acted as key support for buyers. Now that Gold has broken below this level, SELL setups become the optimal choice for next week. 📉 USD Strength & GOLD’s Liquidity Fill Zones! After this strong rejection, USD shows signs of a potential recovery next week, adding more pressure to Gold. We will now focus on liquidity voids below to determine where price may fill before a possible bullish continuation. 🔍 Key Liquidity Zones to Watch: ✅ First FVG zone (already tested): 2850 - 2842 ✅ Major FVG zone (high probability liquidity fill): 2835 - 2828 ✅ Final FVG zone (critical support before deeper correction): 2810 - 2800 📌 If 2810 - 2800 fails to hold, Gold could enter a deeper bearish correction, confirming a trend shift. 🚀 Next Steps: Monitor these key liquidity zones and watch for price reaction. Expect high volatility & potential liquidity sweeps before a trend decision! Weekly plan & trading setups will be updated tomorrow and early next week! 📩 Follow KevinNguyen-SimpleTrade for expert market updates & precise trade setups! 🚀 💬 What’s your view on Gold next week? More downside or a liquidity-driven bounce? Share your thoughts below! 🔥
OANDA:XAUUSDShort
by KevinNguyen-SimpleTrade
#TATA Consumer ltdTata Consumer Structure break+ trend continuation are the sign of bullish reversal. Perfect chart 1107/1234 Im waiting for entry point as of February 6, 2025, Tata Consumer Products Limited (TATACONSUM) is trading at ₹1,069.85. echnical indicators suggest a bullish trend for the stock.nalysts have set a median target price of ₹1,190.32 over the next 12 months, indicating potential upside.citeturn0search3 he company has demonstrated consistent financial performance, with a consolidated total income of ₹4,495.16 crore for the quarter ending December 31, 2024, reflecting a 5.51% increase from the previous quarter and a 16.35% rise compared to the same quarter the previous year. given these factors, the stock's outlook appears positive. *Please note that this information is for educational purposes only and should not be considered financial advice. Always consult with a qualified financial advisor before making investment decisions.*
NSE:TATACONSUMLong
by Optionclub
#SHARDACROP ltd #SHARDACROP is taking support from its previous consolidation zone. today good green candle with volume showing it may move up in next few sessions. Sharda Cropchem Limited is an Indian company specializing in the marketing and distribution of a wide range of agrochemicals, including formulations and generic active ingredients. Their core competencies encompass identifying generic molecules, preparing dossiers, obtaining registrations, and distributing products in the fungicide, herbicide, and insecticide segments. SHARDACROPCHEM.COM In addition to agrochemicals, Sharda Cropchem supplies various conveyor belts, V-belts, and industrial chemicals. These products are primarily utilized in mining projects, steel plants, quarries, grain silos, cement manufacturing facilities, ports, and tunneling projects. The company serves markets across Europe, NAFTA, Latin America, and other regions worldwide.
NSE:SHARDACROPLong
by Optionclub
What is RSI and How it is usefull in trading??The **Relative Strength Index (RSI)** is a momentum oscillator that measures the speed and change of price movements, ranging from 0 to 100. It helps traders identify overbought or oversold conditions: - **RSI above 70**: Overbought, potential price reversal or pullback. - **RSI below 30**: Oversold, potential price rebound or reversal. ### Key Uses in Trading: 1. **Overbought/Oversold Conditions**: Buy when RSI is below 30, and sell when above 70. 2. **Divergence**: - **Bullish Divergence**: Price makes new lows, but RSI makes higher lows (buy signal). - **Bearish Divergence**: Price makes new highs, but RSI makes lower highs (sell signal). 3. **Trend Confirmation**: RSI above 50 suggests a bullish trend, below 50 indicates a bearish trend. 4. **Entry/Exit Signals**: RSI crossing above 30 (from oversold) can signal a buying opportunity, while crossing below 70 (from overbought) can signal a selling opportunity. ### Best Used With: - Other indicators (e.g., moving averages, support/resistance) to confirm signals. RSI helps traders spot potential reversals, confirm trends, and make informed entry/exit decisions.
INDEX:BTCUSDEducation
by Optionclub
How to use ADX in trading ???The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy. The traditional setting for the ADX indicator is 14 time periods, but analysts have commonly used the ADX with settings as low as 7 or as high as 30. Lower settings will make the average directional index respond more quickly to price movement but tend to generate more false signals. Many trading strategies like Linda Raschke's Holy Grail and Jeff Cooper's 5 Day Momentum Method use the ADX indicator to identify strong trends. However, day trading with the ADX indicator is not common. The reason is while the ADX indicator is good at identifying strong trends, it is a lagging indicator.
NSE:BANKNIFTYEducation
by Optionclub
Option Chain Analysis Option analysis involves studying various parameters like strike prices, premiums, implied volatility, open interest, and time decay. Combining this data with technical and fundamental analysis helps assess potential trade setups and risks. LTP (Last Traded Price) OI (Open Interest) OI change in percentage. Greeks - Delta, Theta, Gamma, Vega. IV (Implied Volatility) OI in Option Chain Higher open interest generally indicates higher liquidity and market activity for that contract. Change in OI: This shows the variation in open interest during a given period, including contracts that have been closed, exercised, or squared off
NSE:BANKNIFTYEducation
by SkyTradingZone
Technical analysis part 1Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories. Some traders follow something called the "10 a.m. rule." The stock market opens for trading at 9:30 a.m., and there's often a lot of trading between 9:30 a.m. and 10 a.m. Traders that follow the 10 a.m. rule think a stock's price trajectory is relatively set for the day by the end of that half-hour. How to perform technical analysis Identifying the trend. This is the first step in technical analysis for traders because trading strategies can either follow the trend or go against the trend. ... Drawing support and resistance levels. ... Establishing entry and exit points. ... Position sizing and risk management.
NSE:NIFTYEducation
by SkyTradingZone
Standard Glass Lining#SGLTL Standard Glass Lining looks bullish for a reversal Entry can be above 182 Target is 200 Buy on dips till 164 the price-to-earnings (P/E) ratio for Standard Glass Lining Technology Ltd (SGLTL) was 55.85. This is higher than the peer average of 40.3x. Additional information about SGLTL The face value of SGLTL is ₹10. The earnings per share (EPS) for SGLTL is ₹2.93. The market cap of SGLTL is ₹3,264 Cr. The 52-week low for SGLTL is ₹153.70. The 52-week high for SGLTL is ₹213.80. The beta for SGLTL is 0.75. The dividend yield for SGLTL is 0.00%. The price-to-book ratio for SGLTL is 4.80.
NSE:SGLTL
by SkyTradingZone
Reliance powerRpower posted stellar results today after which the stock spide by 9% at market open. Although there was a slight decline in revenue yoy but the company's net profit increased by 358% percent from last quarter. This company's financial health is improving steadily and company is focusing on debt reduction, this company also has many subsidiaries for eg Rosa power. The power sector looks promising for coming 3 to 4 years and I personally have rpower and various power companies in portfolio, you must have risk exposure to this sector, it could do wonders in the next years.
NSE:RPOWERLong
by SkyTradingZone
AARON industries#AARON Daily chart.. Resistance at 400 Support at 340 Keep on Radar. Aaron Industries Limited (AIL) is an Indian company that manufactures elevators, elevator parts, and stainless steel products. They also provide electronic equipment for elevators. What they do: Elevator manufacturing AIL designs and manufactures elevators, including cabins, doors, frames, headers, and traction machines. Stainless steel polishing AIL polishes stainless steel for mirrors, press plates, designer sheets, and more. Electrical equipment AIL provides electronic equipment for elevators, including distribution boxes, busbar chambers, cable trays, and loom switches. What they produce: Elevator cabins, including mild steel, stainless steel, and premium cabins Auto doors, including ADS 2Pnl Designer sheets, including full panel sheets and seamless designer sheets Distribution boards and boxes Busbars and mini busbar (MS) boxes.
NSE:AARONLong
by SkyTradingZone
Use of Macd in trading (basic-to-advance)Moving average convergence/divergence (MACD) is a technical indicator to help investors identify entry points for buying or selling. The MACD line is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. The signal line is a nine-period EMA of the MACD line. The standard and most widely used settings for the MACD Indicator are 12, 26, and 9. These represent the 12-day EMA (fast line), the 26-day EMA (slow line), and the 9-day EMA (signal line). However, some traders adjust these to shorter periods (like 8, 17, and 9) for day trading to capture faster market movements
NSE:BANKNIFTYEducation
by SkyTradingZone
2
Option and Database TradingOption chain analysis is the process of evaluating the information provided in the option chain to identify potential trading opportunities. Traders use option chain analysis to evaluate the market's expectations of an asset's future price movements and make informed decisions about their investments. The Option Chain is a table that contains the most critical information needed to purchase and sell options. We have previously discussed calls and puts, underlying prices, strike prices, expiration, and moneyness. The option chain is where all of this comes together (just like that map of the metro network).
NSE:NIFTYEducation
by SkyTradingZone
Divergence Based TradingDivergence is when the asset price moves in the direction opposite to what a technical indicator indicates. When a stock is diverging, it signals weaker price trends and the beginning of a reversal. The two types of divergence are: Positive: A positive divergence is a sign of higher price movement in the asset. Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. This means fewer trades but if you structure your trade well, then your profit potential can be huge. Divergences on shorter time frames will occur more frequently but are less reliable. Divergences are a powerful trading concept and the trader who understands how to trade divergences in the right market context with the correct signals can create a robust method and effective way of looking at price.
BSE:SENSEXEducation
by Optionclub
Database Trading Part 2Database trading is a method of using data to make better decisions in the market. It involves using data analysis to improve profits and avoid costly mistakes. How does database trading work? Data collection: Data is collected from various sources, such as stock exchanges, third-party financial data vendors, investment banks, and hedge funds Data analysis: The data is analyzed to identify patterns and trends Decision making: The data analysis is used to make decisions about trading, such as when to buy or sell Execution: The decisions are executed by machines or humans Benefits of database trading Helps improve profits, Helps avoid costly mistakes, and Helps navigate the markets. Examples of trading strategies Day trading Involves making many trades in a single day to profit from short-term price changes Algorithmic trading Involves using computer programs to execute trades based on predefined rules Event trading Involves profiting from short-term price movements triggered by specific events Position trading Involves holding positions for an extended period to profit from price movements
NSE:BANKNIFTYEducation
by Optionclub
Database Trading Part 1Database trading is a method of using data to make better decisions in the market. It involves using data analysis to improve profits and avoid costly mistakes. How does database trading work? Data collection: Data is collected from various sources, such as stock exchanges, third-party financial data vendors, investment banks, and hedge funds Data analysis: The data is analyzed to identify patterns and trends Decision making: The data analysis is used to make decisions about trading, such as when to buy or sell Execution: The decisions are executed by machines or humans Benefits of database trading Helps improve profits, Helps avoid costly mistakes, and Helps navigate the markets. Examples of trading strategies Day trading Involves making many trades in a single day to profit from short-term price changes Algorithmic trading Involves using computer programs to execute trades based on predefined rules Event trading Involves profiting from short-term price movements triggered by specific events Position trading Involves holding positions for an extended period to profit from price movements
NSE:BANKNIFTYEducation
by Optionclub
RSI basic to advanceAn RSI divergence occurs when the indicator and price begin to reach different levels, indicating a change in momentum that precedes a change in price direction. For example, a bullish divergence occurs when the security makes a lower low but the indicator forms a higher low. Low RSI levels, typically below 30 (red line), indicate oversold conditions—generating a potential buy signal. Conversely, high RSI levels, typically above 70 (green line), indicate overbought conditions—generating a potential sell signal
NSE:BANKNIFTYEducation
by SkyTradingZone