XLMUSDT - THE DOWNTREND MAY PERSISTSymbol - XLMUSDT
XLMUSDT is currently entering a correction phase following an attempt to establish an uptrend. The price is breaking key support levels due to a shift in market structure and the ongoing correction in Bitcoin. As Bitcoin undergoes a corrective phase, it is exerting additional pressure on the already fragile altcoin market. This bearish sentiment is partly fueled by the disappointment within the cryptocurrency community, stemming from the lack of mentions regarding cryptocurrencies in President Trump’s recent speech. The market is attempting to process this development as part of the broader corrective phase.
From a technical perspective, XLM is breaking through its ascending support within the broader descending channel, indicating continued bearish pressure.
Key support levels: 0.4175, 0.3895
Key resistance levels: 0.4600, 0.4955
Attention is focused on the previously breached channel boundary and the support level at 0.4177. The price may retest this broken channel boundary before potentially declining further. However, a sustained breakdown and consolidation below 0.4177 could trigger increased selling activity.
Trend Analysis
NASDAQ 100 all Set to Crash to 18300!Nasdaq 100 CFD Daily Chart Live 27th Jan 2025
#NDQ #NDQ100 TVC:NDQ
SHORT SIGNAL TRIGGERED🐻🚨 on the back of a BIG TECHNOLOGICAL DEVELOPMENT from China's DeepSeek AI putting all of American AI to Shame, being vastly Superior and Cost Efficient, this leads to Popping of the AI Bubble in US Market
Price headed for Downside of sub 20k📉
And then even Lower Levels open up🩸🔨
200 Day EMA (Black MA) in Chart is the 1st Easy Downside Target🎯
Downside Targets are marked as Yellow Horizontal Lines in Chart
2 Major Downside Targets as follows:
T1= 19950 🎯
T2= 18300 🎯
and finally looking for Price to take down 5th August Low as well so approx. 17500 🎯
Nifty Intraday Analysis for 27th January 2025NSE:NIFTY
Index closed near 23090 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 75.29 Lakh 23200 Strike – 56.12 Lakh
23300 Strike – 55.46 Lakh
Put Writing
23000 Strike – 65.13 Lakh
22500 Strike – 53.43 Lakh
22800 Strike – 40.78 Lakh
Index has resistance near 23250 - 23300 range and if index crosses and sustains above this level then may reach near 23400 - 23450 range.
Index has immediate support near 23000 – 22950 range and if this support is broken then index may tank near 22800 – 22750 range.
Banknifty Intraday Analysis for 27th January 2025NSE:BANKNIFTY
Index closed near 48370 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
49000 Strike – 19.75 Lakh
49500 Strike – 18.15 Lakh
48500 Strike – 12.04 Lakh
Put Writing
47500 Strike – 18.61 Lakh
47000 Strike – 14.79 Lakh
48000 Strike – 13.15 Lakh
Index has resistance near 48900 – 49000 range and if index crosses and sustains above this level then may reach near 49500 – 49600 range.
Index has immediate support near 48000 - 47900 range and if this support is broken then index may tank near 47500 - 47400 range.
Finnifty Intraday Analysis for 27th January 2025NSE:CNXFINANCE
Index closed near 22515 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
23000 Strike – 2.40 Lakh
22700 Strike – 1.85 Lakh
22800 Strike – 1.50 Lakh
Put Writing
22500 Strike – 1.24 Lakh
22000 Strike – 1.09 Lakh
22300 Strike – 0.96 Lakh
Index has resistance near 22675 - 22725 range and if index crosses and sustains above this level then may reach near 22850 - 22900 range.
Index has immediate support near 22400 – 22350 range and if this support is broken then index may tank near 22200 – 22150 range.
Midnifty Intraday Analysis for 27th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12090 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12200 Strike – 7.12 Lakh
12100 Strike – 5.06 Lakh
12000 Strike – 5.02 Lakh
Put Writing
12000 Strike – 6.91 Lakh
12100 Strike – 5.38 Lakh
12200 Strike – 4.94 Lakh
Index has immediate resistance near 12250 – 12300 range and if index crosses and sustains above this level then may reach 12450 – 12500 range.
Index has immediate support near 12000 – 11950 range and if this support is broken then index may tank near 11800– 11750 range.
Nifty levels - Jan 28, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
BankNifty levels - Jan 28, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
Sensex - Jan 28 expiry day analysisGap down opening today and price moved within the range of 600 points today. 76000 is the strong resistance as of now.
Buy above 75340 with the stop loss of 75260 for the targets 75440, 75520, 75700, 75820 and 75940.
Sell below 75140 with the stop loss of 75240 for the targets 75040, 74920, 74800, 74720, 74640 and 75520.
As per daily chart, price is moving in a narrow range.
Do your own analysis before taking any trade.
Heidelberg Cement: Strong Support, Long-Term BuyDetails:
Asset: Heidelberg Cement
Support Zone: Holding strong despite bearish market conditions
Investment Strategy: Accumulate on dips for long-term gains
Stop Loss: Below recent support levels or as per individual risk tolerance
Timeframe: Long-term
Rationale: Heidelberg Cement has demonstrated resilience in a bearish market by holding firm at key support levels. This makes it an attractive accumulation candidate for long-term investors looking for growth in the cement and construction sector.
Market Analysis:
Technical Setup: The stock has formed a solid base, signaling accumulation potential for long-term gains.
Fundamental Strength: As a key player in the cement industry, Heidelberg Cement is well-positioned to benefit from increasing infrastructure and construction demand over time.
Price Target:
Long-term target based on market recovery and sector growth trends.
Risk Management:
Use recent support levels as a guide for stop loss to protect capital in case of unexpected market downturns.
Timeframe:
Ideal for long-term investors looking to hold through market cycles.
Risk-Reward Ratio:
Favorable for accumulation, with the potential for significant upside over time.
Monitor the stock for further dips and take advantage of any price corrections to strengthen long-term holdings.
A POTENTIAL 6 BAGGER OPPORTUNITY
Company: Ishan Dyes and Chemicals
Book Value: ₹50
Cmp - 48 rs
A very strong technical chart, and the promoter increased their stake significantly in the March 2023 quarter, from 39% to 47%, when the stock was trading around ₹50
This implies that the promoter acquired shares within this range, signaling confidence in the company’s future prospects.
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
Cup and Handle Breakout in HEIDELBERG
BUY TODAY SELL TOMORROW for 5%