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Trend Analysis

GAIL 1D TFNSE:GAIL has been trading near the support zone for a long time and has now broken the support zone. As Nifty is in a downtrend in the 1D TF, so it is good to take short entries. But with good confirmation trade could be taken. I would wait for a retest or the new candle to brake the previous candle's low. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NSE:GAILShort
by Joassh
10.28 Whale Indicator (predicted USD 1200 rise, congratulations)Hello, I'm Whale Signal Through the last point of view, you were able to predict a 1,200-dollar rise and a 1,900-dollar rise We will continue to do our best to analyze trends so that you don't miss useful information that can generate profits despite market volatility First, let's look back on the last analysis In the last analysis, we said that the support line of the white whale indicator would be an important defense point, but it continued to rise with a press at the hour mark There was a very slight departure from the first candle, but the opportunity to buy the retest was again offered within the range of the hand's end, and I told you to keep an eye on the 68.5-69K range if the uptrend continues We explained that this is because this is a section where there is a possibility of disappointing sales if the head-and-shoulder pattern and Dow theory fail to break through the high point As a result, Bitcoin has seen a sharp decline, leaving a tail around 68.7K Those of you who have referenced my analysis have the opportunity to expect a return of about $1,200, and if it has helped you with the sale, I would like to congratulate you from the bottom of my heart Subsequently, a downward break from the support of the white whale indicator at the one-hour bar after receiving resistance led to a drop of about $1,900 in the next candle retest segment In a previous article, I mentioned a strategy of maintaining a loss line in the event of a departure from the white whale indicator, implementing some blade and main liquidation, and continuing to hold the remaining volume For those who have sold under this strategy, it is believed that it would have been possible to liquidate the partial day and the main account However, if further guidance had been made on the support section below, it would have been more profitable There were some regrets due to the long bottom tail, but as a result, I think we shared a good trading strategy Let's move on to today's analysis ⚠️Btcusdt - 1H Bitcoin has been seen going sideways over the weekend in a breathtaking segment Now, a week before the U.S. presidential election, there is a possibility that there will be a move to confirm the direction in the market Currently, Bitcoin appears to be forming a convergence pattern If this convergence is correct that it is progressing, we need to look closely at whether it breaks through the previous high or if it deviates from the previous low or if it can support it without In particular, if the upper resistance trendline and previous high breakthrough are confirmed, more attention will be paid to the important "core interval" in the whale indicator This is because we believe that the key section can be an important gateway to open up new market trends in the future In addition, we will carefully watch for the breakaway from the low, as trading volume has been on the defensive lately, whether it is triangular convergence or not If the trend continues to break lows in Dow theory, we need to focus on the sell-off segments below The whale surface area plans to respond flexibly based on specific trend lines in this situation (I've shared important sales tables that I must check today, so please check them out when you have time.) *I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis* *For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below* <> 1. The whale indicator simply points to support and resistance 2. Please refer to the whale index to find a trading RBI suitable for your analysis 3. The shape of the rod finish is important for whale indicators, so checking the closing rod helps with a stable trading strategy 4. Whale surface intensity is in the order of purple > orange > white, with purple surface indicating the strongest support and resistance
by Whale_signal
25th Oct 2024 - IndusInd lower circuit, ICICI Bank will save us?BankNifty Stance Bearish ️⬇️ BN has fallen only 2.46% ~ 1283 points and is much better than Nifty on a relative basis. IndusInd Bank took a huge beating on Friday as it fell ~ 18.63% due to poor quarterly results. Indian stock markets are not used to such wild reactions, but if our markets start punishing stocks for bad results, I guess it is much better for the future. Ideally, such reactions on stock prices will keep the management on their toes to avoid poor results thereby helping them put in the necessary hard work to achieve the desired results. ICICI Bank will react to its results today, since we are in a bearish hold, would like to see if Sell on Rise is applicable on this scrip. The main point to consider is that ICICI has more than 27% weightage on BankNifty and is single handedly capable of bringing out BN from the Bear hold. 51101 is my first resistance level above which I will change the stance to neutral. For real bearish momentum to pick up, we need to fall below 49704.
NSE:BANKNIFTYShort
by viswaram
25th Oct 2024 - Had a good Bear Run, what is the new base? N50Nifty Stance Bearish ️⬇️ We fell 649pts ~ 2.61% this week and our bearish stance from the prior week helped us gain some money. My October PnL was in deep red, thanks to the abrupt swings in between - but the unidirectional move this week was a real blessing and I was able to cut down my losses. The Head and Shoulders position that we published on the daily time frame is getting played out (hope so). For the first time in many months, Nifty's bottom is not getting dip bought and the pattern has changed to sell on rise. I honestly do not remember the last time Nifty had the sell on rise characteristics. I wish to maintain the bearish stance till 24333 is not getting taken out conclusively and deep down, I hope that the Bear run continues till the excesses get thinned off.
NSE:NIFTYShort
by viswaram
Nifty Projection & expected chart till 2029I believe that the rally of April 2003- Jan 2008 will be eventually duplicated between Jan 2020 - April 2029. The theory is as per follows:- 1. The rally of 2003-08 was in several but majorly 3 phases of rally and sharp corrections. 2. The bull market of 2020-29 will be a 10x multiple but with same percentage returns (absolute returns) in twice the time period; So for example Nifty took 9 months from Apr 2003-Dec 2003 to go up from 930 to 1900 approx 100% return whereas the same percentage retun at 10x scale from approx 8-9k to 18k ie 100% return this time took April 2020-Oct 2021 ie 18 months approx. 3. Since the rallies are taking double the time this time hence the corrections are only 50% of the percentage corrections that happened during 2003-08 phase.
NSE:NIFTYLong
by ashiwanisingh
2
BankNifty Intraday Support & Resistance Levels for 28.10.2024On Friday, BankNifty opened flat to slightly negative and faced intense selling pressure, dropping to a low of 50,382.10 before closing at 50,787.45, down 743 points. The Weekly Trend (50 SMA) shifted sideways from positive, while the Daily Trend (50 SMA) remains sideways. As anticipated, once the critical 51,000 level broke, BankNifty slid an additional 600 points. A further dip toward the psychological level of 50,000 is possible before we see any meaningful bounce. Demand/Support Zones: Near Demand/Support Zone (Daily): 49,654.65 - 49,959.25 Far Support: 49,282.65 (61.8% FIBO Level) Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40 Supply/Resistance Zones: Near Supply/Resistance Zone (75m): 51,411.30 - 51,781.55 Near Supply/Resistance Zone (Daily): 51,855.15 - 52,577.50 Far Supply/Resistance Zone (Daily): 52,817.80 - 53,235.25 Far Supply/Resistance Zone (Weekly): 53,741.40 - 54,467.35
NSE:BANKNIFTY
by PriteshPal
Cigniti Technologies LimitedCigniti Technologies Limited recently experienced a breakout, characterized by a significant increase in trading volume. This breakout suggests strong investor interest and potential bullish momentum in the stock. Key Highlights Volume Surge: A notable spike in trading volume Technical Indicators: The breakout supported by various technical indicators, such as moving averages or relative strength index (RSI) Market Sentiment: Positive news, earnings reports, industry trends Resistance Levels: 52 weeks high Risk Factors: While breakouts can signal positive trends, it’s essential to consider potential risks, including market volatility or changes in broader economic conditions that could impact stock performance. Conclusion Cigniti Technologies Limited's breakout with good volume is a development that may attract both short-term traders and long-term investors. Keeping track of market trends, volume changes, and broader economic factors will be crucial for those looking to capitalize on this momentum.
NSE:CIGNITITECLong
by mukeshkg2009
Nifty Intraday Support & Resistance Levels for 28.10.2024On Friday, Nifty opened slightly positive but faced heavy selling pressure, hitting a low of 24,073.90 before closing at 24,180.80, down 218 points from the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is negative. Nifty dipped deep into the weekly demand zone (23,893.70 - 24,419.75), even breaching the daily demand zone (24,099.70 - 24,196.50) before recovering around 150 points from bottom in the final hour of trading. Demand/Support Zones: Near Demand/Support Zone (Weekly): 23,893.70 - 24,419.75 (current price within zone) Far Demand/Support Zone (Daily): 23,350 - 23,667.10 Supply/Resistance Zones: Near Supply/Resistance Zone (75m): 24,636.75 - 24,741.45 Near Supply/Resistance Zone (Daily): 24,664.95 - 24,978.30
NSE:NIFTY
by PriteshPal
Nifty Falling And TargetNIFTY50: 4H | OCT 28 WHY MARKET IS WEAK ? 1FII SELLING 2Correction is part of market & Indian market was in continues UPTREND 3 Stocks Results are not upto the expectations 4 US ELECTION 5 WAR SITUATIONS ◆ NOW WE WILL GO WITH LEVELS BREAK POLICY ✦ MARKET IS IN COMPLEX CORRECTION I'M NOT ABLE TO DECODE IT AS OF NOW X ✦ My Expectations!! • Market will run on BOUNCE AND SELLING (LEVELS ON CHART ARE POSSIBLE REVERSAL LEVELS) Even it is possible in next month market willl touch 22000 (But it will be slow moves no sharp selling X) It's my personal view #NIFTY50
NSE:NIFTYLong
by EmpireCrown