BankniftyBanknifty Tomorrow view-
Anticipating a decline in Bankifty tomorrow to complete wave 4 before it resumes its upward rally in wave 5.
Tradingideas
NIFTY SHORTNifty is currently forming the 5th wave of Supercycle degree, and there's an anticipation of a 5th wave failure. This is expected to mark the conclusion of the rally that began on March 23, 2020. Following this, a decline is anticipated, targeting the range of 15,000 to correct the entire impulsive move.
NVIDIA SHORTAnticipating a significant correction in Nvidia as we approach the end of primary wave 5, expecting a decline to the range of 300 - 270.
SPX shortAnticipating Wave 4 formation in the near term, followed by a rally in Wave 5 to conclude the entire impulsive wave. Subsequently, a decline is expected in SPX.
DXY: Market trends todayToday DXY D1 chart stochastic is still falling sharply and the histogram is growing almost at 0, the weekly stochastic is also falling sharply and the histogram is also getting shorter so it is likely that DXY will only return to test the bottom and will continue to decline.
AMAZON BEARISH VIEWAmazon is anticipated to be in wave 5 of primary degree, nearing its conclusion. A potential decline from the current market price to the range of 115 - 100 is expected.
AMAZON BEARISH VIEWAmazon is near the end of a major rally cycle. We're currently in wave 5 of cycle degree, within wave 5 of primary degree. Anticipating a decline to a range of 90 - 70 once wave 5 of cycle degree is complete.
Today's gold trading ideaToday, gold on the D1 stochastic chart has fallen sharply and the histogram has begun to shorten. Yesterday, gold formed a marubozu candle. It is likely that today's candle will be a bullish candle. On the weekly chart, stochastic has in the overbought area and starting to show signs of decline, so today we will BUY 1969-1970 and cut short loss at 1967, we will SELL at 1980-1981 and cut loss at 1984 because if gold breaks those 2 stop loss points, then Gold can fall sharply or increase sharply, but if gold falls in 1970-1969, we will cancel the BUY order in 1980-1981 because gold will probably increase strongly again.
Swing trade for AartiIND to take long entrySwing trade ideas for Aartiind . On the hourly chart, W pattern is forming on the chart. A very high probability that the stock will BO the pattern. For your education refer below points:
1) W pattern on chart. RSI above 60 & level of 40 support on a daily and weekly.
2) Accumulation near the resistance level.
3) Stock-taking support at an area of 445-450. check past data too.
This is for swing short-term trade ideas for your educational purpose only.
Optimism Buy Setup Optimism 1D Update
- Price is currently consolidating at the same range
- It will be interesting to see if it can break out of the range change the structure and move with huge volume.
- Accumulation Zone - 1.35.-1.45
- Targets - 1.8$, 2$, 2.7$
- I am bullish on OP for the long term I don't believe in a short-term move.
- Hold Period - 3-6 months.
Amazing swing trade idea for 25 october markets I daily make educational content video for swing / positional trading
2 Amazing swing trading ideas for 18 October I daily make educational content videos for swing / positional trading
Nifty: Chart set up and important levels for 12 Oct 2012Since Oct 5, it was suggested a short covering rally can be expected above 19482. Even after Israel-Palestine situation, I had suggested that if Brent crude is below $90, then we would bounce back after an initial knee jerk reaction.
That is what we have seen. After a reaction on Monday, Nifty has rallied roughly 345 points in the last 2 days.
Open Interest has come down by 8.18% (4.24% on Wednesday and 3.94% on Tuesday) suggesting that the current rally is a Short covering rally.
However Can the momentum continue without a decrease in Open Interest?
FIIs have been selling in Cash Market as well and were Net sellers yet again to the tune of Rs 421.77 Cr
DIIs have bought in Cash Market to the tune of Rs 1032.02 Cr
Important levels which may act as Support and resistance for the day
Imp levels on the upside: 19865 / 19890 / 19922
Imp levels on the downside 19705 / 19682 / 19640
The zone of 19640-19682 is going to be very important for the Oct series.
Take care & safe trading...!!!
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Big Bar Strategy for Long term type trades I daily make educational content ideas on swing / positional trading
"SATINDLT: A Newly Listed Gem Poised for Potential Gains"Description:
🚀 SATINDLT: A Hidden Opportunity Unveiled! 📈
Are you on the lookout for a fresh trading prospect? SATINDLT, newly listed on NSE in November '22, is making waves with its potential. Here's the scoop:
Key Points:
📊 Newly Listed Gem: SATINDLT emerged on the NSE scene in November '22, offering a unique opportunity for traders to get in on the ground floor of a promising stock.
📈 Trendline and Horizontal Support: The stock is currently trading on both a trendline support and a horizontal support zone. This dual support structure adds strength to the trade setup.
🔙 Pullback from Support: SATINDLT has recently experienced a pullback from these support levels, potentially setting the stage for a bounce-back rally.
💰 Favorable Risk-Reward: This trade setup offers an enticing risk-to-reward ratio, allowing you to aim for greater gains while carefully managing your risk.
📈 Entry Price (in Rupees): Consider entering the trade at Rs 116.00, positioning yourself for potential upside as the stock regains momentum.
❌ Stop Loss (in Rupees): Protect your investment with a stop loss at Rs 105.00. This level serves as a safety net should the trade not go as planned.
🎯 Target Price (in Rupees): Our target is set at Rs 160.00, representing a significant potential upside. This is where you may consider taking profits.
🚀 Trade Strategy: Keep a close eye on SATINDLT as it navigates this exciting phase. Be prepared to act when the stock gains traction, and remember to adjust your stop loss to secure your gains.
This trade idea offers a comprehensive plan, highlighting the unique opportunity presented by a newly listed stock. Dive into SATINDLT as it shows potential for a rewarding journey. Happy trading!
(Note: Always conduct your own research and assess your risk tolerance before executing any trade. Trading involves risks, and past performance is not indicative of future results.) 📊💼🧐
Amazing swing trade idea for 27 Sep MarketsI daily make educational content videos for swing / positional trading
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Gujarat Ambuja Exports Analysis Stock has given BO on daily and weekly chart with good volume build up maintaining supportive Trendline, follow chart for proper support and resistance levels.
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Indian Bank forming Pole and FlagStock after BO, trading in consolidation zone making pole and flag pattern, any BO above 409, will give next targets.
AUSOM ENTERPRISES TRADE SETUPAll important levels have been marked on the charts for Ausom Enterprises.Keep the stock in your chart list. This is for your educational purpose only.
Balramchini Breakout stockNSE:BALRAMCHIN was consolidating from 2 years now.... and today it broke the channel if it sustain above it then it can give a decent upmove....
5 Amazing swing trading ideas for 14 Sep Markets I daily make educational content videos for swing / positional trading.
