BankNifty is showing consolidation ahead of the Imp RBI policy The Bank Nifty also showed Range Bound movement ahead of the RBI policy
Outside the Range of 47000 to 48000, directional movement is expected
In between, look for Patterns confirmation
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BSE ltd positional trading ideaATH breakout of BSE. BSE just broke the upper resistance level of 2600. the volume of the breaout candle is also good. but it didnt consolidate before breakout. so there is a chance that BSE will move in a range for a few days after breakout. and after that if it makes a positive price action, we may go for a long entry.
Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our view/personal study method on the stocks, commodities or other instruments and assets.
Graph Technical Analysis - Graph is an AI Theme Crypto with a very strong Market Cap of 3.7 Billion $
- The AI narrative will only get bigger with time.
- If you are already positioned in Graph then simply hold it only if your horizon is 2-3 years
- If you are looking for swing entries then 0.35-0.39 can act as a very good POI
- Graph is a narrative-based crypto one strong narrative can make this jump up to 20-30% in a day
ADA/Cardano Technical Analysis - Ada is fundamentally very strong
- I will lay out my overview on it for the next 2 years.
- If you are holding this from the bear run then don't sell it carries a great potential
- If you are holding this from a Trading perspective then it's better you look at 0.57-0.63
- My POI for Cardano is 0.57-0.63$
GMT Trade Setup - GMT looks good to me after looking at it's recovery from the recent drop it made
- IMO GMT can move 50-100% up from here as long as Bitcoin stays up or sideways
- Your holding period in GMT should be for 3months at least because I don't believe in overnight pumps
- Don't risk anything in crypto if you can't afford to lose the same
Bitcoin Retracement Loading - Bitcoin is currently trading at 67,100$ not even 20% down from its All-Time High but Altcoins have already retraced more than 20-30%
- I have marked 2 Important Point of Interest and it may help you guys more from a reference perspective to exactly where how much more could Bitcoin fall
- 58,000-60,000 looks like a Magnet to me
- 52,000 looks like something that can make Bitcoin's next move the biggest impulsive move ever seen
- Do not invest Blindly if you don't understand the schematics and the risk involved in Crypto Currencies
Avax Trade Idea Setup - Avax performed very nicely and bounced back very strongly too from the Bear Market
- The weekly chart for Avax clearly shows that it has broken all its overhead supply
- The only thing that can help you enter Avax next would be a great retracement back to the zones I have mentioned
- 20-30% RETRACEMENT from an Investment perspective should be an opportunity for you and not a Panic scenario
Polkadot Trade Setup - Dot is a robust project and has a strong roadmap for the upcoming years
- I have marked some key areas where you can think about accumulating DOT, kindly consult your financial advisor once as well
- I will personally be investing 80-120k in DOT in this dip because of its underlying fundamentals
- I have marked the important key zones for your reference
- From an investment perspective make sure your horizon is 3-6months and not 3-6 days
- From a Trading perspective 7-8$ can be a solid zone to accumulate DOT as a swing trade
USDT Dominance Trade Setup USDT Dom plays a very crucial role in the Crypto space
- I see this factor always not being talked upon
- When you see the USDT dominance index increasing this simply signifies that people are liquidating their positions and turning their accounts to FIAT
- Social Media influencers barely talk about this rather all you see is SHIBA inu to the moon or this that to 1$.
- Educating yourself is more important when you have money invested in a risky asset class
- IMO the chart looks very simple and it was very easy to plot the value zones you can see how well it grabbed liquidity and reacted to it
Bitcoin Trade SetupBitcoin is currently trading in a crucial zone
- Logically I think Bitcoin's price has not retracted a lot which is necessary
- Coming back to our thesis, if you are holding Bitcoin then you still can
- If you want to trade Bitcoin I think 59,000-64,000$ can be a great zone to accumulate it with 50% of your total investment value
- If you want to accumulate altcoins by looking at Bitcoin's price then my opinion would remain the same. However, you must consult your financial advisor before making any investments
Aptos /APT Trade Idea Swing Setup - Aptos is fundamentally a very solid project
- Technically, IMO we can see Aptos moving above 20-25$
- I have shared my accumulation zones that might help you if you are interested in buying Aptos
- However, if you are holding Aptos then it surely has a lot more to present so it's better if you try holding for longer only if you have done your fundamental research
- If you are capital hungry then keep locking in gains
Bitcoin Dominance Trade Setup- Bitcoin DOM is currently moving sideways but BTC DOM itself can help you easily predict where the money is going to flow next
- With the help of this correlation your bias becomes easier and you know where to focus instead of just technical analysis
- If BTC Dom starts moving up from here then you need to stay a little cautious about your Altcoins entries, I would suggest having patience and letting it soar until you see it getting rejected
- If BTC Dom starts to move down impulsively all you have to do is let your winners run and if you don't have any then focus on building partial SPOT Swings.
- Risk on the table shouldn't be breached or expanded if you can't handle it.
Social media outlets are good at portraying and making Trading look pleasing and flashy whereas the real meat is boring and time valued majorly
Aptos Trade Idea Setup Aptos can easily make your capital go double
- Watch out Aptos this can soon shoot up 20$ or even more
- Aptos can be bought in every dip you see around 10-11$
- Make sure that you hold Aptos if you are already holding it for a long time
- From a Trading Perspective watch out for 12$
FASP levels for Nifty 05/03/2024The FASP for Nifty is listed for 05-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
INDSWFT LAB :- A STRONG BREAKOUT ON THE LINE NSE:INDSWFTLAB
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📊Technical analysis:
1. IT has formed a strong horizontal resistance at 125 zone from the last 13 years.
2. Now it's consolidating near resistance for a few weeks and may attempt to break that.
3. Volume has been spiking.
4. Trading above all EMA clusters (short, mid and long term EMA)
🟢Entry : Wait for a day candle confirmation to close it above the 125 level then enter the high.
🔴Same with stop-loss levels it will be triggered on weekly candle closing.
⏳Trade Duration: Few months ( positional basis)
🎯Targets are marked on the chart.
Finally reached here then like please share with friends.
Keep Learning,
Happy Trading.
US 100 Nasdaq Trade Idea Setup - The US 100 looks better to me when compared to the US 30 or Dow
- Nasdaq can keep outperforming so your bias should be bullish
- The focus here shouldn't be to keep shorting every top you see
- Rather focus on deep retracements and make sure the structure doesn't change
- Refine your charts on a shorter timeframe and make sure you see a strong base everywhere
US 30 Trade Idea Setup - Dow has been moving impulsively for the past months
- The important outlook here is that the trend is slowing down and one rebalancing is needed
- You can keep longing as long as Dow doesn't invalidate 38,900 post that you still need a confirmation
- Calling the TOP out here is stupidity
- follow the trend and long whenever you see deep retracements
Atom Trade Idea Setup - Atom is the only crypto IMO that is less volatile
- Atom has a strong fundamental and I am holding it as well and will keep holding it until the Bull Run ends
- Try buying Atom as much as you can under $ 10$ from a Trading & Investment Perspective.
- Do not keep your Crypto portfolio concentrated to one crypto only holding a large size is different than holding one cryptos full size and all In