ICICI Bank Shorting Opportunity Confirmed: Multiple Bearish SignThe broader market has entered a bearish trend, and ICICI Bank, a less-moved stock compared to other banks, is now showing signs of catching up.
Technical Confirmations:
Trendline Break
Ascending Triangle Breakdown
Lower Lows
Entry for Short : 1245-1243 Range (Can Take 1240/1260 PUT Option Current Month Expiry and/or Next Month Expiry to avoid Volatility)
Target : Open/Mentioned.
STOP Loss : 1275/Swing High
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Happy Trading !!
Trend Analysis
Nifty 50 at a Critical Support: Rebound or Further Decline?Hello everyone, i hope you all will be doing good in your life and your trading as well, today i have brought a daily timeframe analysis on Nifty which is trading within a Bearish Falling Channel and recently broke down from a smaller Bullish Channel , indicating continued weakness. It is now approaching a Strong Support Zone , which could either lead to a rebound or a fall toward 22,246 if the support breaks. The RSI shows bearish divergences aligning with past declines, while recent bullish divergence suggests possible support. This is a key level to watch closely.
Disclaimer: This post is for educational purposes and not financial advice. Always do your research and manage your risk.
Don’t forget to like and follow for more trading ideas like this. Check out my profile @TraderRahulPal for other detailed insights into technical and fundamental setups. Let’s grow together!
BlueEntryStrategy for Entry:
Wait for Confirmation:
Monitor the ₹6,000 zone closely. If the price stabilizes or forms bullish reversal patterns (e.g., hammer, engulfing), consider entering.
RSI Divergence:
Look for positive RSI divergence (price makes lower lows, but RSI makes higher lows) near support for confirmation.
Risk Management:
Place a stop-loss below ₹5,900 to minimize risk in case the support fails.
Target previous resistance levels for profit, such as ₹7,200.
DON'T Repeat the same mistake AGAINWhy Do People Lose All Their Money in Bear Markets?
Bear markets are a natural phase of the market cycle, yet they leave many traders and investors with empty pockets and crushed spirits. While bull markets are often forgiving, bear markets expose every weakness in a trader's strategy, psychology, and risk management. Let’s explore the primary reasons why people lose all their money in bear markets—and how you can avoid being one of them.
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1. Over-Leverage: The Silent Killer
In a bull market, leverage feels like a magic wand that amplifies gains. But in a bear market, it becomes a double-edged sword. The sharp declines and volatile swings wipe out positions faster than traders can react. Many fail to respect the power of compounding losses and find themselves caught in margin calls.
Lesson: If you can’t trade without leverage, you’re not ready to trade with it. Lower your position size and respect volatility.
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2. Refusing to Accept Losses
A common mistake is holding onto losing positions, hoping the market will "come back." This approach might work during a bull market, but in a bear market, prices can continue falling for months—or years. The refusal to cut losses often turns small, manageable losses into catastrophic ones.
Lesson: Pros take losses; amateurs let them grow. Set stop-loss levels and stick to them.
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3. Emotional Trading
Fear and greed are magnified in a bear market. Panic selling, revenge trading after a loss, or impulsively jumping into trades out of frustration often lead to poor decisions. Emotional trading is a sure path to ruin.
Lesson:Bear markets require a calm mind. Create a trading plan and execute it systematically, without letting emotions take over.
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4. Lack of Risk Management
Bear markets punish traders who don't respect risk. Many traders bet too much of their portfolio on a single trade or fail to diversify. When the market moves against them, they’re left with nothing to fall back on.
Lesson: Follow the golden rule: Never risk more than 1-2% of your capital on a single trade. Survival is the key to success.
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5. Trying to Predict the Bottom
"Buy the dip" is a popular mantra, but in a bear market, dips often keep dipping. Trying to time the exact bottom can lead to repeated losses as prices continue to decline. This approach often exhausts both capital and confidence.
Lesson: Focus on following the trend rather than fighting it. Wait for clear signs of reversal before committing capital.
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6. Overconfidence from Bull Markets
In a bull market, almost everyone makes money. This success can create a false sense of skill, leading traders to underestimate the risks of a bear market. Overconfidence often results in poor decision-making and excessive risk-taking.
Lesson:The skills required to succeed in bear markets are different. Humility and adaptability are crucial.
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7. Ignoring the Macro Picture
Bear markets often coincide with larger economic challenges, such as rising interest rates, geopolitical tensions, or declining corporate earnings. Traders who ignore these factors often misjudge the market’s trajectory and fail to adjust their strategies.
Lesson:Stay informed about macroeconomic trends. Use them to align your trades with the broader market conditions.
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How to Survive and Thrive in Bear Markets
Bear markets aren’t just a test of strategy; they’re a test of discipline, patience, and resilience. Here’s how you can emerge stronger:
- Prioritize Capital Preservation: Your first goal is to survive. Avoid unnecessary risks and focus on protecting your portfolio.
- Educate Yourself: Bear markets offer valuable lessons. Learn from your mistakes and refine your strategy.
- Embrace Flexibility:Be willing to short the market or stay on the sidelines when conditions are unfavorable.
- Think Long-Term: For investors, bear markets are an opportunity to accumulate quality assets at a discount.
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Final Thoughts
Bear markets are inevitable, but losing all your money in them isn’t. The traders and investors who survive—and thrive—are those who respect risk, control their emotions, and adapt to changing conditions. Remember, the goal isn’t to win every trade but to stay in the game long enough to capitalize on the next bull run.
What’s your experience with bear markets? Let’s discuss in the comments below.
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HAPPY TRADING :)
Wipro Buy Idea: Trend Line Breakout on 1-Hour Timeframe Wipro has broken a key trend line on the 1-hour chart, signaling a potential trend reversal. Consider buying around ₹295 after confirmation of a reversal on lower timeframes (e.g., 15-minute chart). The target is set at ₹310, with a suitable stop-loss below ₹290 to manage risk. [/
Prepare to BUY Spot PHAUSDT (D1-W Cycle)🚀 Prepare to BUY Spot PHAUSDT (D1-W Cycle)
🌟 Update on PHAUSDT signals – A potential BUY opportunity at this price range! 🌟
🌍 Market Overview:
PHAUSDT has retraced and is forming a potential bottom. This makes the current price range a favorable zone for accumulation before the next move.
📊 Trade Plan:
📌 Entry Point:
With Indicator: Look for confirmed BUY signals on D1 using your indicator setup.
Without Indicator: Accumulate around the current price zone – This is the optimal entry point based on technical analysis.
🎯 Target:
$0.5 – Aiming for a strong recovery and breakout.
⏳ Hold Time:
1 week – Aligned with short-term recovery cycles.
💡 Note:
For those without an indicator, follow the suggested entry zone and target for guidance.
🔥 PHAUSDT is at a critical accumulation zone – Prepare for a rebound! 🔥
Gold Current PA before NFPCurrent PA on H1 showing bullish trend with consistent higher highs and higher lows. The ascending trendline acts as dynamic support, holding the structure intact.
The price has broken above pivot R1 level and is now sustaining above it, indicating a good strength on this time frame by buyers
The price is moving in impulsive waves (blue zigzag lines), showing controlled corrections before resuming the primary trend.
Liquidity is likely building below the ascending trendline. If the price breaks this trendline, it could indicate a sweep of liquidity before continuing upward or can lead to correction if price breakdown this support trend line. above this buyers are in control .
on bigger picture price is consolidating inside a Triangle and the direction is not clear on daily right now .
today we have NFP and Unemployment data which can act as main driver for next move
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Support in RKFORGE
BUY TODAY SELL TOMORROW for 5%
Nifty 50: Breakdown in Channel with Key Support Levels AheadHello guy's i hope you all will be doing good in your life and your trading as well. Today i have brough an analysis on Nifty 50 Index as it is showing signs of weakness after a confirmed breakdown in the descending channel. This breakdown has significant implications for the short-term trend, indicating that bearish momentum could dominate unless strong support levels hold. Let’s break this down further:
Breakdown in the Channel:
The price has decisively broken below the lower boundary of the descending channel, indicating bearish sentiment.
This suggests that sellers are in control, and any recovery attempts might face strong resistance at higher levels.
Resistance Zone at 24,056.25:
The zone near 24,056.25 acts as a key resistance. This level marks the upper limit where selling pressure could resume if there’s a pullback.
Traders should watch this level closely, as a failure to break above it will reinforce the bearish outlook.
Next Immediate Support at 23,257.90:
The level 23,257.90 represents the next critical support. Buyers may attempt to defend this zone to prevent further downside.
A breach of this support could lead to an accelerated sell-off.
Lower Support at 22,158.75:
If the selling pressure continues, the price could head toward the 22,158.75 level, which is a significant area of interest.
This zone aligns with the lower projections and could act as a strong base for a potential reversal.
Volume Observation:
The volume spike during the breakdown adds weight to the bearish case. Sustained high volume on declines would confirm the continuation of the downtrend.
Bearish Projection:
Based on the price structure, a breakdown typically leads to a retest of prior support levels. In this case, the index could test levels closer to 22,158.75 if the bearish momentum persists.
The descending pattern further supports the possibility of a continuation in the downtrend.
Outcome: Traders should remain cautious as the short-term bias remains bearish. Monitoring the 23,257.90 support is crucial, as a breakdown below this level could open the door for further downside. On the flip side, any recovery attempts would need to overcome the 24,056.25 resistance zone to change the narrative.
Key Takeaways:
Watch 23,257.90 for support and 24,056.25 for resistance.
Below 23,257.90, the next target is likely 22,158.75.
A sustained move back into the channel would invalidate the bearish setup.
Disclaimer: This post is for educational purposes and not financial advice. Always do your research and manage your risk.
Don’t forget to like and follow for more trading ideas like this. Check out my profile @TraderRahulPal for other detailed insights into technical and fundamental setups. Let’s grow together!
BTCUSD is at support level of previous monthly lowBTCUSD is currently at support level which is at 91232.
if it breaks below on a closing basis then their a high chance of seeing the targets of 87287, and 85037, and if 85037 breaks on a closing basis then very soon 80510.
If the previous month's support is taken by BTCUSD then we will see a rally towards at 100000 and 103000.
*This view is for educational purposes only.
RSI in trading The relative strength index (RSI) is a momentum indicator that measures recent price changes as it moves between 0 and 100. The RSI provides short-term buy and sell signals and is used to track the overbought and oversold levels of an asset.
You don't need a considerable sum of money to become an options trader. You can start small with a capital of less than Rs 2 lakhs too. However, as you start small, you need to be a careful trader so that you can cut down on the possibility of losses and enhance the return potential of your trades.
technical trading Technical analysis is a trading strategy used by investors to identify new investment possibilities. To anticipate future price movements of stocks or other assets, for example, past price and volume data is studied and shown on graphic charts, where trends, patterns, and technical indicators can be identified.
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Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
database trading Market data is a broad category of information about the financial markets, consisting of essential details like price, bid/ask quotes, trading volume, trading period (high, low, open, or closed), etc. Relevant reports are compiled by trading venues before being distributed to traders or industrial firms
Oracle Database is renowned for its high performance and solid market reputation for many years. This database offers advanced features such as AutoML, autonomous management, and support for multiple models, making it a preferred choice for many enterprises
Option and database trading Options data captures information on options contracts, including pricing and trading volumes, useful for investment strategies. Discover our guide and top options data providers.
Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame.
Option trading Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
ADX in trading Average Directional Index or ADX is a technical analysis indicator that can determine if a market trend is strong or weak. It provides values between 0 to 100 for the same. A value between 0-25 indicates a weak trend. A value between 25-50 indicates a fairly strong trend.
The average directional index (ADX) is a technical indicator used by traders to determine the strength of a financial security's price trend. It helps them reduce risk and increase profit potential by trading in the direction of a strong trend.
option chain in tradingAn option chain lists all option contracts, including put and call option for given security. However, several traders focus on net change,' 'bid,' 'last price,' and 'ask,' columns to assess current market conditions. Option chain is also called the option matrix.
How does an option chain work? An option chain displays available call and put options for a specific underlying asset, with their strike prices, premiums, and open interest. It provides a snapshot of market sentiment and potential price movements.
GOLD NFP TRADING POIN UPDATE > READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update Gold Traders SMC-Trading Point still holding it down trand target 2615 least analysis setup Hit 🎯 profits 2670+ 80 Now gold take resistance level pullback dow👇 today have USD monthly big New 🆕 NFP I 💬 NFP. Show it good for USD. 110: 00 Gold back down 👇 trend 📉 2630 2615 Entry take 2680 + 84 90
Small target 2690
Analysis target 2615
Mr SMC Trading point
Support 💫 My hard analysis Setup like And Following 🤝 me that star ✨ game 🎮
Summarizing this week Gold Call .Gold call took rejection from Demand Zone reached Supply Zone . gave 1200 points target
Rejection from Supply booked 300 points as Indian market was about to close and there was gap on chart filled hence booked .
Took buy call on Break out of supply zone . CMP 78627 +375 running.
Gold Call buy 76800 target 78000 1200 points
Sell 77900 target 77600 gap filling . and close the call
Buy 78250 High 78793 CMP 78600 .
EURUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD EURUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Gold trading strategy January 10, NF newsWhere will the gold trading strategy go for the first NONFARM news of the year ???
⚫ Gold Prices Stable with Growth Prospects
Spot gold holds steady at $2,670.16 per ounce, expected to rise over 1% this week, marking its best week since November 2024.
⚫ Focus on Nonfarm Data
December 2024 Nonfarm report is projected to show an increase of 160,000 jobs, lower than the 227,000 gain in November, which may impact the Fed's interest rate policy.
⚫ Factors Supporting Gold
Increased demand for safe-haven assets amid economic uncertainties.
President-elect Trump’s policies, expected to raise inflation through tariffs and protectionist measures.
⚫ Fed Policy Outlook
Kansas Fed President Esther George opposes further rate cuts, citing the U.S. economy's recovery and inflation remaining above the 2% target.
The market is now awaiting the official U.S. jobs report for more clarity on the Fed's policy trajectory.
At the latest Fed meeting, policymakers agreed that inflation is likely to continue slowing this year but noted persistent risks of price pressures due to potential impacts from President-elect Donald Trump’s policies, according to meeting minutes.
Mr. Trump will assume office on January 20, 2025. The proposed tariffs and protectionist policies are expected to drive up inflation.
Gold is viewed as a hedge against inflation, but high interest rates reduce the appeal of non-yielding assets.
Fundamental Analysis
The news continues to support gold's growth outlook. Despite the strong performance of the USD (DXY), gold has shown resilience, maintaining its upward trend.
Technical Analysis
In recent days, gold has been stable within upward trend channels, signaling sustainable momentum in the current price range. Observing the candlestick patterns reveals that buyers are strongly dominating, pushing the price towards critical resistance levels.
Today’s Nonfarm Payrolls report is particularly crucial as the first significant economic data release of the year. Global investors are expected to closely watch this report, as it could significantly influence market movements for the month or even longer. Price fluctuations are likely to be substantial, with anticipated ranges of 40-50 points compared to previous Nonfarm reports. Stay cautious.
Trading Strategy for Asian/European Sessions
BUY SCALP: 2662 - 2660
SL: 2656
TP: 2668 - 2672 - 2676 - 2680
BUY ZONE: 2646 - 2644
SL: 2640
TP: 2650 - 2654 - 2660 - ????
SELL SCALP: 2678 - 2680
SL: 2683
TP: 2674 - 2670 - 2668
SELL SCALP: 2690 - 2692
SL: 2696
TP: 2684 - 2682 - 2680 - 2676
SELL ZONE: 2704 - 2706
SL: 2710
TP: 2700 - 2696 - 2692 - 2888
As mentioned, today is expected to see significant volatility due to the critical Nonfarm report and Friday's weekly candle close. Stay cautious, follow your TP/SL strictly, and manage your account carefully.
GOOD LUCK!