Aptos Trade Idea - Aptos has bounced back quite strong where it has yielded more than 25% in a week
- Aptos can soon mitigate 10$ as well only if we sweep above 7.6$ on a daily timeframe and continue to stay above the same by either consolidating or by making a weekly close above that
- Make sure that you don't get trapped in longs by simply longing it right after the sweep it can be a liquidity grab as well so stay a little cautious
- My overall bias for Aptos is bullish and I soon see it piercing 10$ and 16$ as well on a quarterly horizon
- Hold your spot wallet and do not try to leverage much and don't even try to short the market
Tradingsignals
JINDALPOLY : stock heading to the previous ALL time HIGHS💡 JINDALPOLY is bottoming out stock which is heading to its previous all time highs with a huge buying volumes.
📈 You can watch it for the good returns in a short term timeframe.
🟢 Range : 850 to 880
🎯 Target : 1100 / 1300 / New ATH
🛑 SL : 700 (wcb)
⚠️ Disclaimer : This is not a buy/sell advice. It's only a view for purely educational purposes.
POONAWALA FINCORP : Best Stock for a short-term gainPOONAWALA FINCORP has taken a support from at its previous strong support zone and getting reverse from that level with a good volumes.
🔰 One can accumulate it for a gain of 10% / 20% / 30% upside targets in a short term.
📈 Range : 380-385
🎯 Target : 430 / 470 / 500
🛑 SL below : 340 (wcb)
⚠️ [ b]Disclaimer : This is not a buy/sell advice or recommendation. This is purely my view only for the educational purposes.
PAISALO DIGITAL : Trading idea for a short term gainPAISALO DIGITAL has formed a double bottom pattern in a daily chart. It's a nice trading stock for a short term gain of atleast 15% to 20%.
🔰 Range : 67-68
🎯 Target : 75 to 80
🛑 SL : below 58
⚠️ Disclaimer : This is not a buy/sell advice. It's a view for purely educational purposes.
Bitcoin 4H Swing Setup - Bitcoin is now down 15% from its recent swing high
- I have drawn 2 Price Paths for Bitcoin
- The first price path describes how Bitcoin can soon run up clear the Fair Value Gap and then pierce 60k and bounce from 56-58,000$
- The second price path describes how Bitcoin can soon run down grab liquidity from 56-58k and then move up towards 64k
- Bitcoin is currently sitting in a no-trade zone even if you are looking for longs or shorts make sure your leveraged positions are carrying a calculated risk
Aptos 1D Technical Analysis - Major Altcoins are also seeing liquidity getting sucked out of them
- I consider Aptos, currently priced at 4-5 dollars, to be a strong buy.
- If you are looking for a long term swing pick then APT looks fair to me
- BTC Dominance has almost made its TOP
- I don't think we should fall beneath 4$ for aptos
- Consolidation and basing is going to be a part of Aptos's Price Behaviour so make sure that you do not get swept out
- Always manage risk properly
BankNifty Analysis for Tomorrow 1st August 2024BankNifty Analysis for Tomorrow 1st August 2024
As per our analysis for Bank Nifty, we are expecting these lower levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
*Previous Close: 51553.40*
Buyers can be active above Zero Line (Previous Closed): 51553.40
Level = TGT 1 : 51839 | TGT 2 : 52036.85 | TGT 3: 52218.60
Sellers can be active below Zero Line (Previous Closed): 52,278.90
Level = TGT 1 : 51305.55 | TGT 2 : 51136.45 | TGT 3 : 50929.35
Few Points Needs to be remembered :
- Chart Using "Standard"
- All the levels are based on 15 min chart only
- These Analyzed levels should only be considered as Intraday Levels
*Disclaimer*: All the provided levels are for educational purpose only, please do your own analysis before doing any trade in the live market or consult your financial advisor before act.
Follow Us for More Updates in Future
Bank Nifty 1d Technical Analysis - Bank Nifty is currently trading at 51,295 and looking Bearish on a High Time Frame
- Watch out if you are looking for Aggressive longs or adding stocks for long-term
- The location looks very scary so try to be a little conscious while longing for BNF
- Watch out for the bearish OB reaction
- Any sweep above that can easily lead to huge impulsive moves
- My overall bias remains bearish
Bitcoin 1D Technical Analysis - Bitcoin made a strong weekly close last week and is currently trading above 63,500$
- Bitcoin currently looks ready for a retracement and can retrace towards 59-61,000$
- Place your Altcoin and Ethereum bids accordingly after understanding Bitcoin's price action
- Do not overlap your risk rather manage it wisely
Power Mech Project Ltd: Charging Up the Charts Like a Supernova!
Technical Analysis:
Breakout: Holy circuit breaker, Batman! Power Mech just blasted through its resistance like a bull in a china shop full of lightbulbs!
Rectangle Pattern: After months of playing ping-pong between support and resistance, this stock finally decided to stop teasing and make its move.
Volume: Volume accumulation suggests traders are piling in faster than teenagers at an all-you-can-eat buffet.
Trend: The uptrend is so strong, it could probably bench press its own market cap.
Support: Previous resistance at 5,532.25 now likely to act as support. It's like the floor and ceiling just switched roles in this stock market dance!
Fundamental Factors:
Power sector seeing increased activity. Power Mech is lighting up portfolios brighter than a Christmas tree on steroids.
Potential new project wins or order book growth could be fueling this electric rally.
Risks:
After such a powerful surge, a pullback is possible. Even rockets need to catch their breath sometimes!
Keep an eye on broader market sentiment and sector-specific news.
Trade Idea:
Consider long positions with a stop loss below the breakout level. Target the psychological 6,000 level - let's see if Power Mech can join the 6K club!
Remember, traders, timing is everything in the market. You don't want to be the last one to show up at this high-voltage party!
Key Levels to Watch:
New support (old resistance): 5,532.25
Next psychological resistance: 6,000.00
Stop loss consideration: Below 5,400.00
Disclaimer: This analysis is for educational purposes only. Always do your own research and manage your risk. Remember, the stock market is like a rollercoaster powered by Power Mech - thrilling, but it helps to have a strong stomach and know when to exit!
Gold holds high around peakGold costs are predicted to growth due to the fact hobby prices will decrease and the USD will weaken. Gold costs are trying out degrees above 2,four hundred USD/ounce. Indicators display that gold costs have an upward trend.
Gold costs are predicted to preserve to growth withinside the close to future. Gold rate for August shipping is coming near 2,four hundred USD/ounce.
World gold rate opened at the start of the week at 2,326.seventy two USD/ounce, preserving withinside the variety of 15 USD on Monday and Tuesday sessions. On Wednesday, a chain of monetary records announced, global gold rate elevated to 2,363.77
The US Federal Reserve (Fed) remains the point of interest of interest. Fed Chairman Jerome Powell testified with the Senate Banking Committee and the House Financial Services Committee.
The marketplace may also pay near interest to americaA CPI in June, weekly unemployment claims, and the University of Michigan`s initial survey of patron sentiment.
After a slight decrease, XAU suddenly turned aroundUS Federal Reserve (FED) Chairman Jerome Powell and expect US employment data to be released later this week for further signals on US interest rate cuts.
Yields on 10-year Treasury notes hit a one-month high and remained high, making non-yielding bullion less attractive.
The market remains very sensitive to any discussion about interest rates or anything related to FED policy. So I think the market is still in the wait-and-see phase."
Gold is waiting for market fluctuationsGold costs will remain caught until "some thing shakes up the marketplace as a whole."
to get better again to 2,340 USD/ounce. This absolutely offset final week`s losses.
Investors need to now no longer promote at the moment due to the fact "in case you are preserving gold long-term, there's no purpose to promote due to the fact the charge remains above 2,2 hundred USD/ounce".
maximum humans are having impartial predictions gold
The US economic system is slowing down, inflation is vulnerable and americaA Federal Reserve (Fed) is much less dovish. These affects lessen call for for gold, that may cause a huge promote-off.
If you're preserving gold, there's no purpose to promote due to the fact the charge remains above 2,2 hundred USD/ounce.
The marketplace might also additionally have few transactions, because of this that the hazard of big fluctuations. Geopolitical trends consisting of escalation in Ukraine or the Middle East ought to disrupt the marketplace, Grady said.
Altcoin to watch - MKRThings look really nice on MKR lately as the 3D Demand got tagged and respected quite well. The visible volume range is supporting MKR here quite well and this could be a lovely spot bag one could hold. The BPR above is going to be the only problem for MKR in the future. Going to keep watching it and trying to catch an entry on the lower time frame.
I will post this setup under this idea here.
With that being said, make sure to follow and let's get this TradingView community grow to 1k followers 👏
Gold Price: Potential Downturn Ahead as Market Signals ShiftThis chart tracks the price movements of Gold in USD per ounce over a four-hour timeframe, as of June 13, 2024. Here’s a simple breakdown:
1. **Current Price**: Gold is trading at around $2,301.84.
2. **Resistance Levels**: There are significant resistance points where selling pressure is high at around $2,340, $2,380, and $2,420. These levels are where the price struggles to go higher.
3. **Support Levels**: On the downside, there are support levels around $2,220 and $2,180, where buying interest might help keep the price from falling further.
4. **Trend**: The price has been generally moving up since early May, as shown by the upward trend line. However, there have been recent signs of this trend reversing.
5. **Market Signals**:
- The chart shows points labeled 'CHOCH' (Change of Character) and 'BOS' (Break of Structure), which mark key changes in price trends.
- The latest signals suggest that the market is turning bearish, indicating a possible decline in prices.
6. **Volume**: High trading volumes are noted around the resistance levels, indicating strong selling activity.
7. **Predicted Movement**: An arrow on the chart indicates that the price might drop soon, potentially reaching the support levels at $2,220 or $2,180.
In essence, the chart suggests that gold prices could be heading downwards in the near future, given the recent shift in market sentiment and strong resistance at higher price levels.
📊 Equitas Small Finance Bank Analysis - Week Starting 19th FebNSE:EQUITASBNK
Last Closing Price: 💵 107.20
50-Day Moving Average: 📈 Crossed Over @ 406.52 (Short Term Bull Run)
EMA & MA Crossover: 🔄 Pending @ 104.00 & 102.62 (Bullish Trend Re-establishment Expected)
Parabolic SAR: ✅ Bullish @ 99.00
Fibonacci Levels:
Closed Above 📏 0.382 @ 106.05
Next Target 🎯 Above 0.50 @ 108.05 (Strengthening Buy Signal)
MACD:
Signal Value: 📶 1.28
MACD Value: 📈 1.31
Stochastic RSI: 🔄 K58.67 ➡️ D32.73 (Bullish Crossover)
%R (Williams Percent Range): 📈 Upper Band @ 7.87
Fisher Transform: 🐟 Positive @ 1.42, Trigger @ 2.53 (Bullish)
🎯 Targets:
First Target: 🎯 110.15 (Fibonacci 0.618 Level)
Second Target: 🎯 112.95
🛑 Stop Loss: ⚠️ 99.60 (Fibonacci 0 Level)
⚠️ Disclaimer: This content is provided for informational purposes only. It is not intended as financial advice. Trading involves risks and is influenced by external market conditions. Conduct your research or consult a financial advisor.
#EquitasSmallFinanceBank #TechnicalAnalysis #StockMarket #NSE #TradingView #Investing #Finance #Stocks #BullishTrends #TradingSignals #MarketAnalysis #FibonacciLevels #StochasticsRSI #MACD #ParabolicSAR
Gold Trading Setup For 1hr Time FramHii Dear Traders,
I have analysed the GOLD Trading setup in 1hr time frame.
Reason:
The market is already in big box like sideways if you look but this last support was broken with little gap down, so as per the price action market will be down to take support from the high potential area, please analyse and share the feedback.
Nifty Technical Analysis - Nifty is currently trading at a crucial zone and POI
- Nifty's recent dump was completely bought back
- Nifty is trading at a crucial zone and I would like to see how the reaction is going to be once NIFTY starts trading above 23,400
- Another weekly close can signify a very good impulsive wave for NIFTY
Bome USDT Swing Trade Idea - Bome and many othher meme coins related cryptos are moving impulsively in every pump that BTC/ETH shows.
- Our job as a trader is to swing our money wherever there's volatility and a strong long structure setting up
- BOME looks to me and it has already started moving and IMO we can soon extract 15-25% out of this swing just show some patience and let your trades breath eventually you will see it working out
Basic Understanding about Supply and Demand ZonesQ: What is a supply zone in trading?
A: A Supply Zone is a Price level or Area on a chart where Selling pressure is expected to be strong enough to overcome buying pressure, causing prices to fall.
It is typically identified by a concentration of previous price highs where sellers have historically emerged.
Q: What is a Demand zone in Trading?
A: A Demand zone is a Price Level or area on a chart where Buying pressure is expected to be strong enough to overcome selling pressure, causing prices to rise. It is usually identified by a concentration of previous price lows where buyers have historically stepped in.
Q: How can traders identify supply and demand zones on a chart?
A: Traders can identify Supply and Demand zones by looking for Areas where the price has previously made significant moves up or down. For Supply zones, they look for price peaks followed by sharp declines. For Demand zones, they look for price troughs followed by sharp increases. These zones are often marked by areas of consolidation or strong price rejection.
Q: How do Supply and Demand Zones integrate with other Technical Analysis tools?
A: Supply and Demand Zones can be used in conjunction with other Technical Analysis tools such as Trend lines, Moving Averages, and Candlestick Patterns.
For example, a Supply zone that aligns with a Resistance level can provide a stronger signal for potential price reversals. Combining multiple tools can enhance the accuracy of trading decisions.
Q: How can traders Manage Risk when trading Supply and Demand zones?
A: Traders can manage risk by using stop-loss orders just outside the supply or demand zone to limit potential losses. They should also consider the size of the zone and the volatility of the scrips when determining their position size.
Regularly reviewing and adjusting their zones based on market conditions can also help in managing risk effectively.
Keep Practicing & Learning Price Ac tion concepts
31 May 2024 - BankNifty stance is neutral, slightly bullish toneBankNifty was unable to break the 48947 resistance today, except for the 10.18 candle, rest 5 candles touched the 48947 resistance level. In 3 instances we went above, but could not sustain. If any of the candles closed above this level, I would have changed the stance to bullish. As of now maintaining the neutral stance with a slightly bullish tone.
All eyes are on the election exit polls today and then the actual results on June 4th. Banks and financial sectors will be the first to react to any news, rumors, or press releases. Unlike other developed markets, finances are the most important sector in our listed space.
Copy pasting my expectations for markets next week, post election results
1. 400+ seats - up 5%+
2. 270 to 399 seats - down 5 to 10%
3. less than 270 seats - down 25%