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Trend Analysis

Bank Nifty - Weekly analysis 28th to 1st (Monthly Expiry)Banknifty Weekly Review BNF looks little bit strong when comparing to Nifty and 50350 level is a good support area. However if 50300 breaks we can see good fall in BNF also. This week BNF is expected to trade between 50400 and 51700 S&R zones. We can see a small correction on the BULL side this week and from 51700 we can see BEARISH reversal upto 49700. This is where BNF trend reversal can be seen. Look for Buy/Sell at Demand and Supply zone for profitable trades. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and Resistance levels.
NSE:BANKNIFTY
by ViVenTraders
CUB Looking Good With Heavy Volumes and Brokerage UpgradeNSE:CUB is Looking Good on Weekly Charts after Giving Great Q2 FY 24-25 Results and Heavy Volumes Last Week With Price Action. In Addition, NSE:JMFINANCIL Upgraded NSE:CUB to Buy from Hold, with a Price Target of 185 Rs. on the back of Good Q2 Results. Technically, we can see an Upside of 180/192/205 in the Short Term. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:CUBLong
by Karanshah137
Nifty - Weekly analysis 28th to 1st (Monthly Expiry)Nifty Weekly Analysis: Nifty took support and reversed at 24100 level which is a good support area. However this is just a temporary reversal. Nifty Still expected to fall more and 23500 will get tested soon. But before further down side move Nifty will test 24700/24900 resistance zones and it will take BEARISH reversal for target of 23500. This week Nifty will stay in Range between 24900 and 24100. Only strong fall can be expected if Nifty breaks 23980.. Until a small correction will be there in Nifty. Look for Buy/Sell at Demand and Supply zone for profitable trades. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and Resistance levels.
NSE:NIFTY
by ViVenTraders
Cigniti Technologies Ltd - Long Setup, Move is ON...#CIGNITITEC trading above Resistance of 1119 Next Resistance is at 1487 Support is at 751 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:CIGNITITECLong
by MandeepSinghKohli
Flag and Pole Pattern After Reversing from a SupportNSE:THERMAX is making a Flag and Pole Pattern on Daily Charts after Reversing from a Strong Support Zone on the back of the news that NSE:THERMAX is going to ACQUIRE 100% STAKE IN BUILDTECH PRODUCTS FOR APPROX. 720 MILLION RUPEES. A Breakout of the Flag will give a Bullish Momentum to the Stock Ahead. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:THERMAXLong
by Karanshah137
3
if buying interest increases, a pullback could formOver the past three months, SUI's price surged by over 400%, climbing from a low of $0.4623 to $2.3661 by October 13, 2024. This rally began with a breakout from a falling wedge pattern in August, followed by a strong consolidation around the $1 mark. This set the stage for a significant upward move. In October, SUI reached a new yearly all-time high (ATH). However, concerns for the unlock event caused market jitters about ten days before the event. Consequently, the price retraced nearly 30% from its new highs. On the day of the unlock event, October 23, 2024, further pessimism drove the price below the 20-day EMA band. Currently, SUI is resting near the 50-day EMA, which serves as a dynamic support level. Despite the strong sell-off pressure, the decline has been relatively modest compared to the robust bull run in October. The higher highs established over the past 90 days indicate that the bullish trend remains intact, despite the recent pullback. However, this bullish trend could be compromised if SUI breaks below the 50-day EMA and $1.6009, followed by continued selling pressure. On the other hand, if buying interest increases, a pullback could form, potentially retesting the recent ATH. Confidence in the bullish trend would be reinforced if the price surpasses the $2.3661 mark.
COINBASE:SUIUSDLong
by Sam_TCR
Nifty View Post Oct 26thJust sharing the current market geometry of Nifty. As per geometry, market hit the 100% extension of the covid wave rally and correcting, market broke the 85.4% (24650) on downside and entered inside our major pitchfork. I feel the selling is over, there was a post about head and shoulder on upside and price may fall up to 23200 levels and all...i admit it. i feel a bit off about the left shoulder and based on price action i feel it doesn't qualify for the pattern. I am providing the view based on geometry like before and ignoring the pattern concept and keeping the trades simple. No complications. 1) Nifty completed rally from the low if Budget day elections , 21274 to 25089 and then correction dip to 24896 and rallied to 24248 (ATH) which is exactly 61.8% extension of the 1st wave and we saw big players pulling out the money because its also 100% extension rom covid low. This we all know. see in weekly charts for clear understanding from the levels mentioned . Minimum rule 2nd candle should properly break the 1st candle to confirm momentum in that direction. If we view the weekly candles the market formed a big red candle and 2 equal wick candles ( 7th Oct and 14th Oct weekly candles) and then formed a big red candle. As per the rule, the selling is not confirmed at weekly level. how does this help? 1) We have 50% and 61.8% pitchfork levels right around where the current selling extension (100%) might end and market ( 23650) levels. Levels of next testing 1) 24115 ( already tested on friday) 2) 24023 (76% extension of current extension wave) 3) 23879 ( 85.4% extension of current extension wave) Last support line 4) 23646 (100%) and pitchfork 50% and 61.8% lines should give strong support here ( see chart, green lines upside) market spent lot of time earlier to break these lines and price action is also very solid base . If markets fall below this, then we can confirm its head and shoulders pattern and can extend till 23200 level ( opening price of July elections). Apart from this i don't see any other scope
NSE:NIFTYLong
by dasgaaravishnu
Institutional trading strategy | Order Block | SIEMENS💡Insider Insights: 👉Siemens eyes $9.1B Altair Engineering acquisition for digital growth. 👉Expands AI partnership with Microsoft. 👉Launches Solid Edge 2025 for better design tools. 1️⃣An Order Block Area is a price zone with heavy buying or selling by institutions, Traders use these areas to identify potential price reversals or trend continuations. ✅Identifying an Order Block: ⭕️Consolidation Areas: Look for tight price ranges. ⭕️Sharp Breaks: Identify strong price moves following consolidation. ⭕️Tested Zones: Recognize areas acting as support or resistance. 2️⃣The accumulation phase with a small range is when a stock trades within a narrow price band while large investors buy shares. This indicates strong demand and often leads to a potential upward breakout. 💡Technical Analysis: ✅Inverted Head & Shoulder Chart Pattern ✅ Cup & Handle with order block confirmation ✅Prior accumulation phase ✅Rise in Volume ✅Trap Trading with Bo and fake out confirmation 💡Fundamental Analysis: 👉Revenue Growth: Steady growth, especially in Digital Industries and healthcare. 👉Earnings & Margins: High operating margins due to efficient digital solutions. 👉Dividend: Yield around 3-4%, attractive to investors. 👉Debt & Liquidity: Manageable debt levels with strong cash reserves. ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:SIEMENS
by ReviveTraders
2
Nifty Analysis for the week starting from 28th October 2024,Trading Insight: Buy Trigger: Consider a buy if the 1-hour candle closes above 24,325. Sell Trigger: Consider a sell if the 1-hour candle closes below 24,070. Market Overview: Nifty surged from 23,893 on August 5, 2024, to 26,277 on September 26, 2024, marking a rise of 2,384 points. Following this peak, Nifty has declined to 24,180, breaking all key Fibonacci retracement levels, and is expected to potentially continue falling to the 22,450–22,500 range. Note: This bearish view would be invalidated if Nifty closes above 25,100 on a daily basis. Disclaimer: I am not SEBI registered. The above analysis is intended for educational purposes only.
NSE:NIFTY
by ramkkyy
Nifty bounce possible to 24420-24530 some buying possible Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3-  (T3 : 127.2 %) Target 4-  (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:NIFTYLong
by JaiPrakashShuklaHarmonicTrader
Vodafone Idea Bearish Flag Pattern on Monthly ChartDescription The monthly chart of Vodafone Idea Ltd. (IDEA) displays a prominent bearish flag pattern, a continuation pattern signaling a potential continuation of the downtrend. This pattern is characterized by a steep decline followed by a brief consolidation period with an upward-sloping channel, resembling a flag. Currently, the price is hovering within this flag's boundary, attempting to break downwards after a significant rally off its all-time lows. Notably, the stock recently tested the upper boundary of the flag pattern but faced strong selling pressure, as indicated by the rejection candles and heavy volume. Why This Chart Matters This pattern is crucial because it suggests further downside potential in Vodafone Idea's stock price. With increased volume on down days, the likelihood of a breakdown from this consolidation zone is high. Given the company’s financial challenges and competitive pressures, the technical breakdown of this flag pattern could potentially lead to a continuation of the stock's long-term downtrend, driving the price towards previous support zones. Traders should keep an eye on this pattern as it provides an opportunity to gauge the bearish momentum in the stock, particularly for those looking to enter short positions or exit long positions to mitigate risk. Conclusion With a confirmed breakdown from the bearish flag pattern, the stock could see further downside. Investors should proceed cautiously and monitor for a close below the lower boundary of the flag, which would signal a likely continuation of the downtrend. This setup presents a bearish outlook and could be an ideal opportunity for swing traders who are aligned with the current market trend in IDEA.
NSE:IDEAShort
by TraderChhabra