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Trend Analysis

Nifty: Trend Analysis (Parallel Channel and 200SMA)The current uptrend of nifty has started 23-Mar-23 and since then nifty is rising steadily by following parallel uptrend channel. It has taken support three times. 1. 27-Oct-22 2. 05-Jun-24 3. 22-Nov-24 Nifty has also respected the 200 SMA except for breaking it on 12th Nov 24 and then reclaiming back. Such a trend lasts for at least two years before taking a pause. With Maharashtra election behind, the upcoming key events are: 1. Delhi election – result may not have any major impact. 2. Budget in Feb 2025 Conclusion: in next 2-3 months, we might see brief upsurge till 26000, before nifty cooling off and consolidating and prepare for next up-move.
NSE:NIFTY
by rampalxyz
Dixon Tech either buy or wait to buy?? Dixon is trading in a parallel channel for a while and now it is holding on to the higher levels. The company is a EMS (Electronic Manufacturing Services) and provides them to the listed companies. On the monthly charts, the stock has been travelling and given 150% returns in the current year. Much of the movement is given this year and still the targets of 20k is being recommended by some rating services company. As for now the stock is holding on to the higher levels and creating a Flag and pole pattern. 400 points range the stock is consolidating and the bullish flag break out can take the stock to the higher levels. A low volume accumulation in happening in the stock and the target levels of around 17800 can be seen in the coming weeks. Targets :- 16700, 17700 Wait for the price action around the break out level and enter as per the setup.
NSE:DIXON
by Mambotrade
Jyoti Structures cmp 29.87 by Monthly Chart view since listedJyoti Structures cmp 29.87 by Monthly Chart view since listed - Support Zone at 21.50 to 24.50 Price Band - Volumes have spiked up heavily over the months of October 2024 and November 2024 - Weekly basis Support at 24.50 > 19.25 > 14.50 with Resistance at 35.00 > 41.50 > 48.50 - Stock hit close to 10 odd years high of 41.34 close to the high of 41.83 of December 2014 - Stock has formed Bullish Cup and a Handle and/or Rounding Bottom as one may interpret the pattern - Stock Price well above Older Falling Resistance Trendline and now made a Breakout above 2nd Falling Resistance Trendline
NSE:JYOTISTRUC
by PIYUSHCHAVDA
NIFTY Intraday Trade Setup For 28 Nov 2024NIFTY Intraday Trade Setup For 28 Nov 2024 Bullish-Above 24360 Invalid-Below 24310 T- 24632 Bearish-Below 24120 Invalid-Above 24170 T- 23848 NIFTY has closed on a slight positive note with 0.33% gain today. Since last 3 sessions index has been trading sideways between 24350 and 24120. In daily TF index is consolidating just below 50 EMA. On breakout of 50 EMA in daily TF overall bullish sentiment will be triggered across sectors. 24360 and 24120 are intraday levels for tomorrow. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 24360 then we will long for the target of 24632. For selling we need a 15 Min candle closes below 24120. T- 23848. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
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 Breakout in SHAILY BUY TODAY SELL TOMORROW for 5%
NSE:SHAILY
by Kapil-Mittal
4
Option and Database TradingThe 80% Rule is a Market Profile concept and strategy. If the market opens (or moves outside of the value area ) and then moves back into the value area for two consecutive 30-min-bars, then the 80% rule states that there is a high probability of completely filling the value area. The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.
NSE:BANKNIFTYEducation
by SkyTradingZone
Technical analysisThe MACD indicator (or oscillator) is one of the best indicators for identifying trends and reversals in the financial markets. The MACD strategy in its most basic form involves using the crossing of the smoothed out signal line over the MACD line as your entry or exit point for a trade. The best MACD setting for day trading often uses a faster configuration, such as 3-10-16, to capture quick price movements. While the default 12-26-9 is popular, shorter settings can improve sensitivity to intraday trends. Optimal settings vary by strategy and asset volatility.
NSE:HDFCBANKEducation
by SkyTradingZone
MACD TradingMoving average convergence/divergence (MACD) is a technical indicator to help investors identify entry points for buying or selling. The MACD line is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. The signal line is a nine-period EMA of the MACD line. A common strategy is to buy when the MACD line crosses above the signal line, as this indicates bullish momentum. Another strategy is to sell when it crosses below (which indicates bearish momentum).
NSE:BANKNIFTYEducation
by SkyTradingZone
Will SOLUSDT’s Breakout Trigger the Next Bullish Wave?Yello Paradisers! SOLUSDT has delivered an impressive move, breaking out of a descending channel—commonly referred to as a bull flag in higher timeframes. This formation typically signals continuation after a period of consolidation, where the channel resembles a flag following a strong bullish pole. 💎If SOLUSDT retests the broken resistance zone and forms a bullish I-CHoCH (Internal Change of Character) in lower timeframes, this would significantly increase the probability of a continuation toward the next major resistance levels. 💎Should the market experience panic selling, patience will be crucial. Waiting for the price to reach the key support zone below could offer a potential bounce. However, to confirm this move, look for a bullish I-CHoCH to ensure higher confidence before entering any positions. 💎On the flip side, if SOLUSDT breaks below the support zone and closes a candle beneath it, this would invalidate the bullish scenario. In such a case, stepping back and waiting for a clearer, more favorable price action setup would be the wiser strategy. Trading in such a dynamic environment requires discipline and adaptability. React to the price action with caution, follow the levels and confirmations discussed, and avoid impulsive decisions. This market rewards patience and precision. Stay focused, and let the opportunities come to you! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Top Trader SetupThe 3 5 7 rule is a risk management strategy in trading that emphasizes limiting risk on each individual trade to 3% of the trading capital, keeping overall exposure to 5% across all trades, and ensuring that winning trades yield at least 7% more profit than losing trades. What is a good setup for day trading? A good day trading setup includes a powerful computer or laptop, high-resolution monitor or monitors, ergonomic desk and chair, reliable charting software, high-speed internet connection, and access to real-time news feeds and stock scanners.
NSE:BANKNIFTYEducation
by SkyTradingZone
Capacite-Inverted Head & Shoulders with VolumeStock: Capacite Infraprojects Ltd. (CAPACITE) Analysis: Capacite Infra initially formed a Volatility Contraction Pattern (VCP) following a strong breakout with volume. However, during last month’s broader market correction, the VCP setup did not materialize. Now, the stock has formed an Inverted Head and Shoulders pattern — a classic bullish reversal pattern — and this formation has been confirmed with volume, suggesting an impending upswing. With quarterly results scheduled for November 14, 2024, a positive earnings report could further fuel the stock's bullish momentum. Technical Setup: Pattern: Inverted Head & Shoulders Volume: Strong volume confirmation Upcoming Catalyst: Earnings announcement on November 14, 2024 Trade Plan: Entry: On sustained move above neckline with solid volume Target: Based on measured move from head to neckline Stop Loss: Below recent lows or right shoulder Watch for any additional momentum if earnings are favorable. This setup combines both technical and fundamental catalysts, making it relevant for traders interested in technical patterns backed by upcoming events. Let me know if you need more adjustments!
NSE:CAPACITE
by ImranulHaqueNoor