Techincalanalysis
SHIBUSDT Technical AnalysisWhen the SHIBUSDT 4-hour chart is examined; It is observed that the price movements continue in a downward trend. As long as the crypto's 0.00001466 level cannot be passed upwards, it is evaluated that in price movements below the 0.00001254 level, it can break down the 0.00001081 level and retreat to the 0.00000906 level.
BTCUSDT Technical AnalysisWhen the BTCUSDT hourly chart is examined; It is observed that the price movements continue in a downward trend. As long as the crypto's level of 58449 cannot be passed upwards, it is evaluated that in price movements below the level of 57210, it can break the level of 55685 and retreat to the level of 53952.
Banknifty 1 hour Levels (S/R)# we mark Support and Resistance on the charts so you can check..
To analyze Bank Nifty (a major stock market index in India) on an hourly basis, you typically look at various technical levels to guide trading decisions. Here’s a basic approach for determining these levels:
Support and Resistance Levels:
Support: This is where the price tends to find buying interest and bounce upward. To find this, look for recent lows or areas where the price has previously stopped falling and reversed.
Resistance: This is where the price tends to find selling pressure and reverse downward. Identify recent highs or areas where the price has stalled and reversed.
ADANIPOWER TradeADANIPOWER 620 to 640 Is good support zone and today we see rise in about 8%
and closed to about 6 % .it is following the trend line which gives us in past all time high .
so I'm investing new lots for Target of 820,850
Entry price 670 Target-800,820,850 Stop loss 630 And news coming from Market that adani
aquire the Tamilnadu based power plant also get participation in new bid, Bangladesh power plant
news and also overall news about adani power giving the vibes of creating all time high in this week ..
so invest as per ur risk .I am getting risk of 200 lots of share .
. BEST WISHES TO YOU ALSO 😊
Bank-Nifty // 4 Hour //Support and Resistance with SkyTradingMod"Welcome to SkyTradingMod "
Hello Everyone 👋
Most Impotent:
Support Levels: Around 51,000 and 50,700.
Resistance Levels: Around 51,400 and 52,000.
# Normal Support and Resistance we mark on the Post.
The market is currently showing a bullish trend, but it might experience some consolidation before making a decisive move.
We’re excited to share our passion with you. From expert the latest trends, we’re here to keep you informed and inspired. Stay tuned for our latest posts and join our community of enthusiastic readers!"
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XRPSDT Technical Chart ReviewWhen the XRPUSDT Daily chart is examined; It is observed that the price movements continue on the trend line. As long as the crypto's 0.4866 level is not broken down, it is evaluated that the price movements above the 0.5484 level can cross the 0.6368 level and target the 0.8378 level.
USDCHF Technical Chart ReviewWhen the USDCHF 4-hour chart is examined; It is observed that the price movements continue in a downward trend. As long as the USDCHF level of 0.86222 cannot be passed upwards, it is evaluated that in price movements below the level of 0.84749, it can break the level of 0.83985 and retreat to the level of 0.82176.
USDJPY Technical Chart ReviewWhen the USDJPY daily chart is examined; It is observed that the price movements continue below the trend line. As long as the USDJPY level of 151.792 cannot be passed upwards, it is evaluated that in price movements below the level of 146.874, it can break down the level of 141.885 and retreat to the level of 135.632.
Rsi and Rsi Divergence #NSEThe Relative Strength Index (RSI) is a widely used momentum oscillator in technical analysis that helps traders identify overbought or oversold conditions in a market. Here’s a brief overview:
Interpretation:
Overbought: An RSI above 70 suggests that the asset might be overbought and could be due for a pullback.
Oversold: An RSI below 30 indicates that the asset might be oversold and could be due for a bounce.
Usage: Traders often use RSI in conjunction with other indicators to confirm signals and make more informed trading decisions..
RELIANCE Levels // 4 HOURHello Everyone 👋
Employee Stock Option Plans (ESOPs): Ahead of its anticipated initial public offering (IPO), Reliance Retail granted ESOPs worth ₹351 crore to 15 senior executives during the last financial year. The company issued 4.417 million shares at ₹796.5 per share to top-level employees, demonstrating its commitment to retaining and rewarding key leadership.
Reliance Retail, owned by Mukesh Ambani, is India’s largest retailer, serving 304 million registered customers and welcoming over 1.06 billion footfalls across its stores in the financial year 2023-24. Its diverse portfolio spans grocery, consumer electronics, fashion, lifestyle, and pharmaceuticals. Notable brands under Reliance Retail include Smart Bazaar, 7-Eleven, Fresh Signature, Freshpik, Netmeds (pharma), Tira (beauty), Reliance Digital, MyJio Store (electronics), and retail chains like Trends, Reliance Jewels, and Hamleys.
BAJFINANCE Levels For Long or swing TradingChart Overview:
Current Price: ₹6,735.851.
Recent Performance:
1 day: +1.26%
5 days: +2.11%
1 month: +2.82%
6 months: +5.61%
Year to date: -6.45%
1 year: -5.00%
5 years: +106.50%
Support and Resistance Levels:
Pivot Points:
Resistance 1 (R1): ₹6,650.37
Resistance 2 (R2): ₹6,684.38
Resistance 3 (R3): ₹6,712.77
Pivot Point: ₹6,621.98
Support 1 (S1): ₹6,587.97
Support 2 (S2): ₹6,559.58
Support 3 (S3): ₹6,525.57
Fibonacci Pivot Points:
R1: ₹6,645.82
R2: ₹6,660.55
R3: ₹6,675.28
Nifty IT Levels For Long or swing TradingNifty IT Chart Overview:
Current Value: ₹24,7801.
Recent Performance:
1 day: +0.76%
5 days: +1.47%
1 month: +2.40%
6 months: +12.59%
Year to date: +15.11%
1 year: +29.61%
5 years: +127.45%
Key Data Points:
Volume: Not specified
Previous close: Not specified
Open: Not specified
Day’s range: Not specified
Recent Analyst Views (August 22nd):
Price was moving in a wide range for two days and broke out above the consolidation range.
Buy Above: ₹24,780
Stop Loss: ₹24,740
Targets: ₹24,820, ₹24,860, ₹24,890, and ₹24,920
Sell Below: ₹24,680
Stop Loss: ₹24,720
Targets: ₹24,640.
SENSEX Levels For Intraday or swing TradingSupport & Resistance Levels:
Buy Above: 81,100 (SENSEX Spot Levels)
Targets: 81,225, 81,343, and 81,5551.
Sell Below: 81,000 (SENSEX Spot Levels)
Targets: 80,900, 80,729, and 80,5551.
Recent Analysis (August 22, 2024):
Sensex made an all-time high at 82,129.49 on August 1, 2024, at the open of the day.
It corrected one cycle down near the level of 77,968 and found support near the lowest vibration above the cycle level (actual low: 78,295.86).
The fall was swift and completed within 16 bars.
Nifty-50 Levels For Intraday or swing TradingNifty 50 Chart Overview:
Current Value: ₹24,7801.
Recent Performance:
1 day: +0.76%
5 days: +1.47%
1 month: +2.40%
6 months: +12.59%
Year to date: +15.11%
1 year: +29.61%
5 years: +127.45%
Key Data Points:
Volume: Not specified
Previous close: Not specified
Open: Not specified
Day’s range: Not specified
Recent Analyst Views (August 22nd):
Price was moving in a wide range for two days and broke out above the consolidation range.
Buy Above: ₹24,780
Stop Loss: ₹24,740
Targets: ₹24,820, ₹24,860, ₹24,890, and ₹24,920
Sell Below: ₹24,680
Stop Loss: ₹24,720
Targets: ₹24,640.
Bank-Nifty Levels For Intraday or swing TradingBank Nifty Chart Overview:
Current Value: 51,278.75 INR.
Recent Performance:
1 day: +0.28%
5 days: +1.24%
1 month: +1.66%
6 months: +11.80%
Year to date: +6.41%
1 year: +15.91%
5 years: +87.15%
Key Data Points:
Volume: 111.42M
Previous close: 51,148.10 INR
Open: 51,214.05 INR
Day’s range: 50,938.10 — 51,404.70 INR
How To Draw Support and ResistanceHorizontal Support and Resistance Levels:
These are drawn using horizontal lines based on price points.
Support Levels: Identify areas where the market had difficulty breaking below. These levels often have a cluster of buy orders.
Resistance Levels: Represent price points where the market struggled to break above. Sellers tend to enter around these levels.
Round-Number Levels (Psychological Levels):
These occur around round exchange rates (e.g., 1.00, 1.10, 1.50).
Traders pay attention to these levels due to their psychological significance.
Trendline Support and Resistance:
Draw upward or downward sloping trendlines using at least two price points.
Trendlines help identify dynamic support and resistance.
ADVANCED PCR TRADING #NSE #BSE #Option'sWhat is the PCR Ratio?
The PCR measures the relative trading volume of put options (bearish bets) to call options (bullish bets) in the market.
It’s calculated as:PCR=Open Interest of Call Options / Open Interest of Put Options
Interpretation:
PCR > 1: Indicates bearish sentiment. More put options are being traded, suggesting traders are hedging against potential declines or speculating on downward moves.
PCR < 1: Signals bullish sentiment. More call options are traded, indicating traders expect price increases or are hedging short positions.
PCR = 1: Suggests a neutral sentiment where buying and selling pressures are balanced.
Why PCR Matters:
Sentiment Gauge: The PCR reflects market sentiment. Tracking changes helps you gauge optimism or pessimism.
Contrarian Indicator: Extremely high PCR may signal excessive pessimism, potentially leading to reversals.
BMW looking good; short term / long term; min 110% RoiAdd this to watchlist and wait for entry.👁️🗨️
For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - "82".
Trade carefully untill ENTRY level.
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Entry: 82 / 65
target: 119 - 134- 150- 195
sl: 74 (82) / 55 (65)
major stoploss/ support: 55
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Enter only if market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
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Refer old posted idea attached below.
Nifty-50 Levels // 15 Min Support and ResistanceHello Everyone 👋
# On TradingView, the levels for Nifty-50 include:
Classic:
R1 (Resistance 1): 24,863.82
R2 (Resistance 2): 24,904.48
R3 (Resistance 3): 24,950.57
Pivot Point: 24,817.73
S1 (Support 1): 24,777.07
S2 (Support 2): 24,730.98
S3 (Support 3): 24,690.32
Bank-Nifty Levels // 15 Min Support and ResistanceHello Everyone 👋
# On TradingView, the levels for Bank-Nifty include:
Classic:
R1 (Resistance 1): ₹51,081.97
R2 (Resistance 2): ₹51,230.48
R3 (Resistance 3): ₹51,343.12
Pivot Point: ₹50,969.33
S1 (Support 1): ₹50,820.82
S2 (Support 2): ₹50,708.18
S3 (Support 3): ₹50,559.67