GBPUSD Technical Chart ReviewWhen the GBPUSD daily chart is examined; It is observed that the price movements continue in an upward trend. As long as the GBPUSD level of 1.2580 is not broken downwards, it is evaluated that in price movements above the level of 1.2889, it can cross the level of 1.3266 and target the level of 1.3978.
Tecnicalanalysis
EURUSD Technical Chart ReviewWhen the EURUSD 4-hour chart is examined; It is observed that the price movements continue in an upward trend. As long as the EURUSD level of 1.10054 is not broken downwards, it is evaluated that in price movements above the level of 1.10964, it can exceed the level of 1.12000 and target the level of 1.13720.
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
Data Base Trading Part -1 #NSE #BSE #OptionchainOption chain: Option chains provide specific data related to options contracts, including strike prices, expiration dates, implied volatility, and open interest. Traders use this data to construct
options strategies, manage risk, and profit from price movements in the underlying asset.
An option chain has two sections: calls and puts. A call option gives the right to buy a stock while a put gives the right to sell a stock. The price of an options contract is called the premium, which is the upfront fee that an investor pays for purchasing the option.
Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index.
D P Wires NSEDate- 3rd April 2024
Time - 11:30 Am
D P Wires has a Good Fundamentals Figures and giving Dividends too.
While,
Technically it is showing bullish Continuous Divergence in MACD compared to Price Action and has already given strong green candle for reversal confirmation.
Also, Price is reversal from 100 EMAs support and also all over D P wires is Bullish stock.
SL Price - 446 Rs.
Target - 680+
Current - 500 Rs.
100-SMA prods GBPUSD bears on BoE Super ThursdayGBPUSD stays defensive at the lowest level in a week, snapping a two-day losing streak, as the pair traders await the Bank of England’s (BoE) Monetary Policy Announcements, as well as the quarterly monetary policy report that makes the day a “Super Thursday”. It’s worth noting that the 100-SMA puts a short-term trading floor under the prices near 1.2480, especially amid the downbeat RSI suggesting a pause in the previous fall. However, the bearish MACD signals and the quote’s sustained downside break of a two-week-old support line, now immediate resistance surrounding 1.2515, and clear trading beneath a downward-sloping trend line resistance stretched since mid-March, at 1.2585 at the latest, keeps the sellers hopeful. Even if the Pound Sterling gains support from the BoE and rises past 1.2585, the monthly high of 1.2634 will be the last defense of the bears before giving control to the bulls.
Meanwhile, a downside break of the 100-SMA support of 1.2480, as well as the BoE’s inability to convince the GBPUSD bulls, will resume a south run targeting the 1.2400 threshold. In a case where the Cable bears keep the reins past 1.2400, the yearly bottom marked in April surrounding 1.2300 and the 61.8% Fibonacci Extension (FE) of the quote’s March-May moves, near 1.2265, will be in the spotlight ahead of the late 2023 bottom of near 1.2067.
Overall, the GBPUSD pair remains in a bearish trend on the BoE Super Thursday despite the latest consolidation. Hence, even a surprise rebound should not be considered a bullish sign.
Transformers & Rectifiers (India) - Long Setup, Move is ON...#TRIL trading above Resistance of 116
Next Resistance is at 159
Support is at 73.95
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support 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.
INTRADAY TRADE FOR TOMORROW If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
IRCTC HANGING IN THE BALANCE...WILL IT BE BULLS OR BEARS ?ALL ANALYSIS , LEVELS , DEEP INSIGHTS AND TARGETS ARE MARKED ON THE CHARTS
THERE IS A TUG OF WAR BETWEEN BULLS AND BEARS AND NONE HAS BEEN ABLE TO COME OUT A WINNER FOR ALMOST 100 DAYS
INVERTED Head and Shoulders , Head and Shoulder , Range bound...Its all to be witnessed in this single stock
IRCTC is hanging in the balance in this tug of war and only time will tell who will come out victorious...
I AM favoring the BULL !!!
comments welcome.... Happy Trading :-)
HCG.. Big ATH Breakout (On the way, for 500% to 1000% returns)Fundamentally::
- Cheapest across the Hospital Industry, with 18x CFO to EBITDA
- Cancer care is in the great tailwind across developed economies, which makes HCG a good play for the long run. As India evolves into a developed country, or India positions itself as a medical treatment outsourcer.
- CEO is capable of envisioning a turnaround in the business
Technically::
- Highest strength across its industry peers
- Fresh breakout of all-time high, may go 5-10x from this level in 5-7 years.
Disclaimer:: Biased.
#Very_high_Skin_in_the_game!
KSB Ltd Technical AnalysisKSB ltd is looking good for Swing trading.
Buy @2683
SL 2547
Target Open
You can easily get 10-15% return within 15 days.
Analysis : •Increasing in FIIs holdings
•Very good promoters holdings with zero pledge
•Increasing in net profit
• Bullish Engulfing pattern at daily Timeframe
#FINNIFTY 100% Perfect Intraday Trade🤑#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023
Is option buying good for intraday?
Trading intraday options can be a great way to benefit from short-term market fluctuations and make quick money. Before you dive headfirst into the fast-paced world of intraday options, it's important to have a sound strategy with an understanding of risks and rewards.
The long black candlestick is 'the mother' and the small candlestick is 'the baby'. The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle's body.
Which candle is best for option trading?
Here are the top 5 candlestick patterns that traders must know:
Doji. The Doji pattern is formed when the Open Price and Close Prices are the same or almost the same, and there is Low and High Price, so the candle has nearly nobody with a lower and upper wick. ...
Hanging Man. ...
Hammer. ...
Morning Star and Evening Star.
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai
Second alternative wave in RBLBANKThis is another type of wave formation.
A regular flat wave had been formed.
There are alternative waves I have posted it before.
We need to wait and watch the wave pattern that is going to form. Only then we can decide the point of our entry.
I have attached the previous chart below. Kindly look into it for clarification
An alternative view on RBL If one more los is possible then this is a valid pattern else we skip this and move on to next bullish chart.
If consolidation continues furthermore then it may lead to triangle formation. If the previous high was broken then the Triangle get fail and it may complete flat pattern and one more low pending.
150 % in just 1 MonthAnalyzing chart on longer time frame will give us a Stocks with Multifold Return .
Points to consider to find such stocks :-
Multi Year Support
Buying from Support Levels (Big Green Volume Candles)
RSI Start to move up (Bullish Momentum)
Delivery Based Buying (High Delivery Quantity)
Not a BUY Recommendation at these levels (SL will be very High now)
BTCUSD 30 July Target 100% Perfect🤑🤑#We Make Only Profit.
Bitcoin's price today is US$30,001.65, with a 24-hour trading volume of $10.88 B. BTC is +0.41% in the last 24 hours. It is currently -4.42% from its 7-day all-time high of $31,388.55, and 0.96% from its 7-day all-time low of $29,717.09. BTC has a circulating supply of 19.44 M BTC and a max supply of 21 M BTC.
#BTCUSD #XRPUSD
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
XAUUSD LONG IDEAHey before you trade #DYOR I'm sharing my idea which is based on technical analvsis for more accuracy you can check news or event update.
XAUUSD current price 1982 hit HH ON 4Hr chart now wait for retesting area near 1966
As per 4hr candle.
The Major breakout area on 4H chart is still 1987
So now wait and set your positions with proper risk management
Thanks for watching Follow like share
BTC/USD trade in consolidation zoneHowdy Traders,
We can see that Bitcoin has been trading in a range for several days. This means that the buyer and seller are satisfied within this range. Bitcoin tried to break this range but failed and it was a fake breakout and many buyers were trapped in this breakout.
Looking at this fake breakout, I feel that the market may go down a bit.
Target: 30961, 30800, and more,
Thank You,
Money_Dictators