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Technical Analysis

APPLE STOCKS TREND DOWN AFTER WARREN BUFFET SELLING 50% STOCKApple stock price make high 236.92 and buffet start the selling of apple stock its dumped the price of stock 55.02% now scenario is apple start falling the price of stocks my scenario is you will get the opportunity because my analysis show me a down trend in apple stocks after that buffet selling the stocks price close on Friday around 221.73 i give a scenario to buy stocks on different level . 1. 207.04 $ 2. 197.14 $ 3. 192.36 $ 4. 186.55 $ IF apple stocks break down the level of 164.03 you will see sharp fall in apple stocks. You will invest your wealth so don't be greedy some times institution play games with retail investor so before you invest your wealth look around the your financial condition and your risk because you know its risky some times. we need to wait when institution players enter in the market for manipulation. Wait and watch then enter in the market grow together .
NASDAQ:AAPLShort
by NaviPips
Paradeep Phosphates Ltd | AGRI Momentum StockParadeep Phosphates Ltd | AGRI Momentum Stock Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company. Financial: strong Market Cap = 6,264 Cr. Current Price = 76.8 Face Value = 10.0 ROCE = 11.0 % ROE = 11.0 % Debt to equity =1.14 Promoter holding = 56.1 % Quick ratio = 0.71 Current ratio = 1.06 Profit Var 3Yrs = 17.4 % Sales growth 3Years = 47.1 % Return on assets =3.38 % here I discuss trending sector stock paradeep phosphates. I am technically bullish in this chart. stock is entered in unterritorial chart pattern. now we have to see how it works. as well as stock financial is also good. And coming election would be also plus point for this agri sector stock. Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation. If you like my ideas than like boost and follow me for more ideas. Thanks and comment freely
NSE:PARADEEPLong
by Momentuminvesting5540
SWING IDEA FOR MOMENTUM IT STOCK|CYBERTECHCybertech Systems & Software Ltd Cybertech Systems and Software Ltd provides IT services to customers primarily in USA and India with focus on next-generation geospatial, networking and enterprise It solutions. It offers services that span across all major industries including government, education, utilities, public safety & homeland defence, tech, telecom, retail, healthcare and manufacturinG. Fundamental: strong this stock is now in momentum as well as fundamentally strong. keep in radar. Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation. If you like my ideas than like boost and follow me for more ideas. technically bullish Thanks and comment freely
BSE:CYBERTECHLong
by Momentuminvesting5540
EURUSD rebounds from key EMAs as bearish channel, US NFP eyedEURUSD remains mildly bid around 1.0830 early Thursday as it defends the previous day’s recovery from the 200-day and 100-day Exponential Moving Averages (EMAs) after the US Federal Reserve’s (Fed) dovish halt of the benchmark rates. It’s worth noting, however, that bearish MACD signals and a week-long descending trend channel challenge the Euro pair buyers ahead of the top-tier activity and employment clues from the US, scheduled for publishing later today and on Friday. That said, the steady RSI (14) line hints at a continuation of the latest rebound. As a result, the bulls should wait for a clear upside break of the stated channel’s top line, close to 1.0855 at the latest, and the US ISM PMIs and Nonfarm Payrolls (NFP) data for conviction. Following that, the quote’s gradual run-up toward the 1.0900 threshold can’t be ruled out. However, an upward-sloping resistance line from early April, near 1.0950 by the press time, followed by the 1.1000 threshold, will be tough nuts to crack for the buyers to crack. On the flip side, an area comprising the 100 and 200 EMAs surrounding 1.0810-800 restricts the short-term downside of the EURUSD pair. If the Euro bears manage to smash the stated EMAs on a daily closing basis, the falling channel’s bottom line will act as the final defense of the sellers around 1.0785. It’s worth noting that the 61.8% and 78.6% Fibonacci ratios of the pair’s April-July rise, respectively near 1.0730 and 1.0670, could act as intermediate halts during the pair’s weakness past 1.0785 and on the way to the yearly low marked in April around 1.0600. Overall, EURUSD is likely to remain firmer but the room towards the north appears limited. Also challenging the pair buyers is the cautious mood ahead of the US ISM PMI and employment figures for July.
by MTradingGlobal
NIFTY TRADING LEVELS FOR 01-08-2024Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and exit points - In this pair of lines with two colors are given (RED AND BLUE) - In this the blue line is used to take long entry and the red line is used to take short entry (But it is all based on a more conformation from your trading plan) Stop Loss/Take Profit: Stop Loss - According to this, if you take a long trade, its stop loss will be the red line just below ( A trade can exit either when the price crosses the red line or the 5 minute candlestick crosses the red line. (This can be done according to your preference) ) - A short entry should use the opposite rules to a long entry Take Profit -When you take a long entry according to the profit to be booked is on the next red line above. ( Or if there are other reasons, it can be a safe exit ) - Opposite rules for booking profit on long entry are to book profit on short trade. ( The blue line above is the stop loss of short entry ) Timeframe: According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this) Risk Disclaimer: Trading carries significant risk and is not suitable for all traders. You may lose some or all of your capital in a matter of minutes or hours. Market conditions can change rapidly, and prices can move against you quickly. You may not always be able to exit at a favorable price, and you may be required to hold a position overnight, exposing yourself to additional risk. Day trading involves high risk, high leverage, and high stakes, and you should only trade with funds you can afford to lose. Please carefully consider your financial situation, risk tolerance, and trading objectives before engaging in day trading. Engagement: Share your insights, ask questions, and learn from others in the community. Whether you're a seasoned pro or just starting out, we're all in this together. What's your take on the current market conditions? Which trading strategies are working for you? Let's discuss and help each other grow as traders! Comment below and let's get the conversation started! Original Content: This trading setup is the result of my own innovation and expertise, and is not based on any publicly available information or third-party systems. It is a reflection of my dedication to developing a competitive edge in the markets.
NSE:NIFTY
by tony_fx_sm
1
USDJPY drops and pops from 200-SMA on BoJ rate hike, Fed eyedUSDJPY defends the previous day’s retreat from a three-week-old falling resistance line even after the pair’s volatile move post-Bank of Japan (BoJ) announcements. It’s worth noting that the Bank of Japan (BoJ) raised its benchmark rate to 0.25%, from 0.10%, on Wednesday and drowned the Yen pair toward the 200-SMA during the first few minutes. However, the Japanese central bank’s decision to taper bond purchases and cautious tone of economic assessment triggered the quote’s rebound afterward. The US Dollar’s weakness ahead of the Federal Open Market Committee (FOMC) monetary policy meeting also allowed the pair to drop to a multi-day low before bouncing off the key moving average of 151.60. It’s worth noting, however, that the nearly oversold RSI (14) line signals limited downside room for the pair past the 200-SMA support of 151.60. The same highlights the aforementioned short-term resistance line surrounding 153.60 as an immediate hurdle to watch for the buyer’s entry. Following that, the pair’s gradual run-up toward the 100-SMA and previous support line stretched from December 2023, around 155.65 and 158.80 respectively. Meanwhile, the USDJPY pair’s daily closing beneath the 200-SMA support of 151.60 will need validation from 5.5-month-old horizontal support near 151.00-150.90 to keep the sellers on board. Following that, the quote’s weakness toward the 61.8% Fibonacci ratio of late 2023 to July 2024 upside, surrounding 148.50, and then to March’s low of near 146.45 can’t be ruled out. It should be observed that the 150.00 psychological magnet will act as an extra filter toward the south. Overall, USDJPY fails to cheer the BoJ’s rate hike and bounces off the key SMA amid oversold RSI conditions. The same suggests the quote’s further recovery if buyers manage to cross the immediate resistance line and gain support from the hawkish FOMC announcements.
by MTradingGlobal
BOROLTD | Insider NEWS Stock | Don't Miss ⭕ Swing Trading opportunity ! Daily Chart Alert !!!⭕ ====================================================== Technical Reasons to trade or Strategy applied :- 1) Bearish Trendline Bull breakout 2) Accumulation can be seen clearly 3) Volume is increasing as well 4) Trading above 200Ema Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:BOROLTDLong
by ReviveTraders
4
Trident NSE Date - 22 March 2024 Time - 10:30 AM WHAT is, 1. VAH& VAL- The upper limit of the Value Area is called Value Area High (VAH), while the lower limit is referred to as Value Area Low (VAL). These levels can serve as potential entry and exit points for trades. 2. POC- The price level for the time period with the highest traded volume. -As we can see, since last year Trident is doing HH and HL. (Bullish) -After using Fixed Range Volume Tool for both long and medium time periods we have find that 36-37 Rs is where long term VAH volume and medium term POC + 100 Ema is also meeting at same price and creating strong support. -Today's price movement is confirming strong support at 36-37 Rs. So, with a SL of 32.40 (Prev HL) We can LONG Trident for Medium Term. Thank You! Have A Good Day!
NSE:TRIDENTLong
by KRSCharts
GBPUSD drops to resistance-turned-support with eyes on Fed, BoEGBPUSD remains pressured after refreshing a three-week low the previous day. In doing so, the Cable pair extends the mid-week retreat from a year-long horizontal resistance while posting the first daily closing beneath the 21-SMA since July 02, 2024. Apart from that, the bearish MACD signals and the RSI line’s hovering around the 50.00 region also suggest the Pound Sterling’s further weakness. However, a previous resistance line stretched from late July 2023, close to 1.2835 at the latest, restricts the immediate downside of the quote. Following that, 50-SMA and a three-month-old ascending trend line, respectively near 1.2780 and 1.2760, will act as the final defenses of buyers before giving control to the sellers. Meanwhile, GBPUSD buyers will need validation from the 21-SMA hurdle of 1.2872 and monetary policy announcements of the US Federal Reserve and the Bank of England (BoE). Even so, the 78.6% Fibonacci ratio of its July-October 2023 downturn and the aforementioned horizontal resistance region, close to 1.2910 and 1.3000 in that order, will be tough nuts to crack for the Pound Sterling bulls. If the Cable pair stays firmer past 1.3000, the previous yearly peak surrounding 1.3145 will be in the spotlight. To sum up, the GBPUSD pair is likely to decline further but the road toward the south appears long and bumpy.
by MTradingGlobal
Crude Oil rebounds toward 200-SMA as the key week beginsWTI Crude Oil posts more than 1.0% intraday gain early Monday, after declining in the last three consecutive weeks, as energy traders brace for a rollercoaster week comprising multiple central bank announcements and top-tier data. In doing so, the black gold takes clues from a nearly oversold RSI (14) amid cautious optimism in the market. However, bearish MACD signals and the quote’s sustained trading beneath the 200-SMA keep the oil sellers hopeful of visiting the 61.8% Fibonacci retracement of its December 2023 to April 2024 upside, near $75.30. Following that, a seven-month-old upward-sloping support line surrounding $74.40 will be a crucial level for the bears to conquer to keep the reins. In a case where the commodity prices remain bearish past $74.40, it becomes vulnerable to drop toward the previous monthly low of around $72.40. Alternatively, the WTI Crude Oil buyers’ ability to provide a daily close beyond the 200-SMA hurdle of $78.40 won’t give them the throne as a downward-sloping resistance line from early July, close to $79.50, will challenge further advances. Also restricting the commodity’s run-up is the $80.00 threshold and a two-month-old horizontal resistance region near $80.30-60. If the energy benchmark manages to remain strong past $80.60, the 23.6% Fibonacci ratio of around $83.00 and the monthly high of $84.50 will lure the bulls. Overall, the market’s consolidation allows WTI crude Oil to lick its wounds but the bullish trend is far from the reach.
TVC:USOIL
by MTradingGlobal
TATA STEEL TAKING A DIP TO ITS DEMAND ZONEDetailed Analysis of Tata Steel Chart Sector: Steel Signal: BUY Logic below: TECHNICAL VIEW - The price is currently above all the key moving averages, which typically indicates an uptrend. However, it is worth noting that the price is very close to the 50-day EMA, which can act as a dynamic support level. Volume: 40.165M | Average Volume: 26.832M The recent trading volume is significantly higher than the average volume, indicating increased investor activity. The presence of large red volume bars suggests higher selling pressure recently. Relative Strength Index (RSI): 44.37 The RSI is below the neutral 50 level but above the oversold threshold of 30, suggesting that the stock is neither overbought nor oversold but is leaning towards a potential buying opportunity if it dips further. Moving Average Convergence Divergence (MACD) - MACD Line: 0.71 - Signal Line: 0.65 - Histogram: 0.08 The MACD is positive, but the histogram shows diminishing momentum. This could indicate a potential bearish crossover if the MACD line crosses below the signal line. Key Levels Support Levels 1. Immediate Support: ₹171.53 (50-day EMA) 2. Next Support: ₹170-168.80 (highlighted zone) 3. Strong Support: ₹150.69 (100-day EMA) Resistance Levels 1. Next Resistance: ₹177.25 2. Strong Resistance: ₹183 (supply zone) Buy Recommendation Based on the current technical setup, buying Tata Steel near the current price level of ₹171.80 can be considered if it holds above the 50-day EMA of ₹171.53. The RSI and MACD suggest some caution is warranted, so a slightly lower entry point could be more favourable. Suggested Buy Level Buy Level: ₹170 - ₹168.75 (ensure the price holds above the 21 EMA) Stop Loss (SL) Stop Loss: ₹166 (just below the highlighted support zone) Target Levels 1. Target 1: ₹177.25 2. Target 2: ₹183 3. Target 3: ₹195 (Fibonacci level) Conclusion Tata Steel is currently near a critical support level around its 50-day EMA. If the price holds above this level, it could provide a good buying opportunity with a favourable risk-reward ratio. Monitoring the volume, RSI, and MACD for any further bearish signals is crucial before entering a trade. Summary Buy Level: ₹170 - ₹168.75 Stop Loss: ₹166 Target Levels: ₹177.25, ₹183, ₹195
NSE:TATASTEELLong
by rohix
Target 4 (94%) achieved in Sundram Fastners. Target 5 is ON...This is follow-up on Sundram Fastners. Can check link to related ideas. Target 4 achieved. More than 94%. Target 5 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:SUNDRMFASTLong
by MandeepSinghKohli
Gold price rebounds from 50-SMA ahead of Fed inflationGold consolidates weekly loss while posting a corrective bounce from the lowest level in 13 days as traders await the US Core PCE Price Index for June, also known as the Fed’s favorite inflation gauge. In doing so, the precious metal takes a U-turn from the 50-SMA but stays on the way to posting a second consecutive weekly loss after refreshing the all-time high during mid-July. Despite the latest rebound in prices, the commodity’s sustained trading below a month-old rising support line, now resistance near $2,428, joins the bearish MACD signals and steady RSI (14) line to keep the sellers hopeful. However, a clear downside break of the 50-SMA level of $2,359 becomes necessary to recall the bullion sellers. Following that, the 100-SMA level of $2,324 and an upward-sloping support line from early May, near the $2,300 threshold, appear as some of the last defenses of the buyers. It’s worth observing that lows marked in May and June around $2,285 and $2,277 will act as additional downside filters for the metal traders to watch during its declines past $2,300. Meanwhile, the 21-SMA level of $2,388 and the $2,400 threshold guard the immediate upside of the Gold price ahead of the support-turned-resistance line surrounding $2,428. Following that, May’s high of $2,450 and the latest peak surrounding $2,484 could entertain the XAUUSD bulls. However, an upward-sloping trend line resistance from early April, near $2,490 as we write, quickly followed by the $2,500 round figure, appear tough nuts to crack for the bullion buyers. To sum up, Gold is likely to remain pressured within a trading range established since April. However, the trend line breakdown can join upbeat Fed inflation to please short-term sellers.
OANDA:XAUUSD
by MTradingGlobal
Snowman Logistics Ltd.Snowman Logistics is engaged in the business of Temperature controlled logistics including, but not limited to storage, transportation by road, and distribution of products requiring a temperature controlled environment. Market Cap: ₹ 1,341 Cr. Promoter holding: 46.4 % FII holding: 2.67 % DII holding: 1.16 % Public holding: 49.7 % Snowman Making a Cup and Handle pattern and above breakout level we can see the good move up in it. Buy on dip will good and company is doing constant growth and making a good profits.
BSE:SNOWMANLong
by isagar_chauhan_
MMTC- Technically visible U-turnMMTC is a company which has one of the worst fundamentals among all PSUs News of company being scrapped were in market couple of months ago. Only investors with high risk appetite and disposable money should be interested in this stock. Technically, a monthly closing above 70 will be confirmation for huge breakout. Previous attempt failed but now we have only 3 sessions so worth the risk for big targets. Good volumes are seen in past 6 months which means something big is cooking, either upside or downside. Be prepared for both if interested to invest. If breakout is genuine, definitely huge upside potential as ATH is above 1000 which is more than 15x of CMP .
NSE:MMTCLong
by chartistamey
2
EURUSD bears keep reins with eyes on US GDP, ECB’s LagardeEURUSD licks its wounds at the lowest level in a fortnight as sellers jostle with a 200-bar Exponential Moving Average (EMA) support ahead of the US Q2 GDP and a speech from European Central Bank (ECB) President Christine Lagarde. In doing so, the Euro pair justifies the early-week breakdown of a month-old rising support line, now immediate resistance near 1.0900. However, downbeat RSI conditions and a looming bull cross on the MACD hint at the quote’s corrective bounce off the stated EMA support of 1.0825. In a case where the Euro prices remain weak past 1.0825, the 1.0800 threshold and 61.8% Fibonacci ratio of April-July upside, near 1.0735, followed by the 78.6% Fibonacci retracement level of 1.0675, will be important to watch for the bears ahead of targeting the yearly low marked in April surrounding 1.0600. Alternatively, downbeat US statistics could join the hawkish comments from ECB’s Lagarde to underpin the EURUSD pair’s rebound from the key EMA support of 1.0825. The same line highlights the support-turned-resistance line stretched from late June, near the 1.0900 threshold at the latest. It’s worth noting, however, that the Euro buyer’s ability to keep the reins past 1.0900 depends on a clear upside break of an upward-sloping resistance line stretched from early April, around 1.0950 as we write. Following that, the bulls can easily challenge the 1.1000 psychological magnet. Overall, EURUSD prices are likely to remain weak unless crossing 1.0950. However, the downside room appears limited and may lack momentum due to the scheduled data/events.
by MTradingGlobal
1: 3 Risk to Reward - ORISSA MINERALSPrice is respecting the trendline from October 2023 and it breakout the Triangle at 18 June with huge volume. Now the price is retesting the former resistance line which turned into support now. Also, it seems price will form good Morning star by this weekend. We can expect it will go to 9000 Rs which is All Time High of this stock. Please like and share if you like this idea. Chart is Self Explanatory. I am not SEBI registered advisor and all Ideas posted by me are for Educational Purpose.
NSE:ORISSAMINELong
by Breakout_Spotter
USDCAD renews 13-week high ahead of BoC, US PMIUSDCAD rises for the sixth consecutive day while extending the early-week breakout of a downward-sloping resistance line from mid-April, now immediate support, as traders await the Bank of Canada (BoC) Interest Rate Decision. Apart from the trend line breakout and dovish expectations from the BoC, hopes of witnessing upbeat US S&P Global PMI for July and softer prices of Canada’s key export, namely Crude Oil, also propel the Loonie pair. However, the RSI (14) line approaches the overbought territory, which in turn highlights an 8.5-month-old descending trend line resistance surrounding 1.3815 as the key upside barrier for the bulls. Even if the quote manages to remain firmer past 1.3815, the yearly high of near 1.3845 and the early November 2023 swing top surrounding 1.3855 will act as additional hurdles for buyers before directing them toward the 2023 high of 1.3900 and then to the 1.4000 psychological magnet. Meanwhile, a hawkish surprise from the BoC and/or downbeat US data and strong crude oil prices might drag the USDCAD pair back toward the resistance-turned-support line surrounding 1.3750. It should be observed, however, that a convergence of the 50 and 21 SMAs, near 1.3685-80 by the press time, appears a tough nut to crack for the Loonie pair bears. In a case where the quote remains weak past 1.3680, the 61.8% Fibonacci ratio of the November-December 2023 downturn, around 1.3625, will precede the 200-SMA level of 1.3598 to act as the final defense of the bull before giving total control the sellers. Overall, the USDCAD is likely to extend the latest run-up toward the key upside hurdle. However, the quote’s rush to refresh the yearly peak needs some time and/or a strong catalyst.
by MTradingGlobal