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
Resistance Breakout in GREAVESCOT
BUY TODAY SELL TOMORROW for 5%
Trend Analysis
Nifty intraday key levels for 30.12.24Hi,
* Please mark the levels in your chart and get prepared for tomorrow
* These Support and Resistance levels have good accuracy.
S1 23650 / 23530
R1 23870 / 23940
* Inside Bar pattern on 20.12.24. Mother candle range is 528 points.
* A Daily close below 23530, might drag downside 23000 zone
* Below 23000 on daily closing basis, market will witness more weakness
Regards
Bull Man
Nifty 50: Descending to Lower Altitudes? 🛬 Nifty 50: Descending to Lower Altitudes? 🐻
Nifty 50 is flying low at 23,670, and the radar is showing turbulence ahead. With potential landing strips at 23,056, 22,208, and, if things get really dicey, a crash landing at 22,003, this fighter jet seems to be struggling to stay in the air. 📉
The bears have launched an airstrike, and Nifty’s engines are sputtering as it loses altitude. 23,056 looks like the first emergency landing zone, but if this descent continues, the crew might have to aim for the deeper, rougher runways at 22,208 or 22,003. Talk about a bumpy ride! 🛬
Commanders (traders), this is not a drill! Keep those stop-losses tight and your trading parachutes ready — Nifty’s mission appears to be one of survival rather than glory right now. The bears have taken control of the airspace, and this flight path is all about finding a safe place to land. 🐻✈️
For now, it’s all eyes on the altimeter (support levels). Let’s hope Nifty finds a strong runway to regroup, refuel, and maybe attempt a future liftoff. Until then, stay sharp, stay defensive, and remember: every descent is just a setup for a future takeoff… hopefully. 🚀
Over and out! 🛫
Dow Theory on Nifty50 chartDOW THEORY UPDATE-
After New Dow Bottom "X", now we have made new Dow Top "Y" as well. By seeing market condition, I feel X can be broken soon but if we cross the Dow top "Y" first then that will ends the downside officially.
W is the previous significant swing high here.
X is the current significant swing low here.
Y is the current significant swing high here.
[Intraday] Adanient Intraday BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
Gold continues to decline 30.12.2024Strategy 1: Bullish Trade (Long Position)
Condition: Wait for the price to react at Demand Zone (A) or deeper at Demand H1 (C) with bullish reversal confirmation (e.g., pin bar, engulfing candle).
Entry Point (Entry):
At 2,607 - 2,610 USD (Demand Zone A).
If the price breaks below Demand (A), enter at 2,591 - 2,594 USD (Demand H1 C).
Stop Loss (SL):
For Demand Zone (A): Below 2,604 USD.
For Demand H1 (C): Below 2,588 USD.
Take Profit (TP):
TP1: Supply H1 (B) at 2,622 - 2,625 USD.
TP2: FVG H1 (2,636 USD) if the price continues higher.
Risk-to-Reward Ratio (R:R):
From Demand Zone (A):
Risk: ~3-4 USD.
TP1: +12-15 USD (R:R ≈ 1:4).
TP2: +26-29 USD (R:R ≈ 1:7).
From Demand H1 (C):
Risk: ~5-6 USD.
TP1: +28-31 USD (R:R ≈ 1:5).
TP2: +40-45 USD (R:R ≈ 1:8).
Strategy 2: Bearish Trade (Short Position)
Condition: Wait for the price to reach Supply H1 (B) and show bearish reversal confirmation (e.g., bearish engulfing candle, pin bar).
Entry Point (Entry):
At 2,622 - 2,625 USD (Supply H1).
Stop Loss (SL):
Above the Supply H1 at 2,628 USD.
Take Profit (TP):
TP1: Demand Zone (A) at 2,606 - 2,610 USD.
TP2: Demand H1 (C) at 2,591 - 2,594 USD.
Risk-to-Reward Ratio (R:R):
Risk: ~3-4 USD.
TP1: +12-15 USD (R:R ≈ 1:4).
TP2: +28-31 USD (R:R ≈ 1:7).
Trading Notes:
Confirm Signals: Only enter trades after confirmation signals (e.g., price action or candlestick patterns).
Risk Management: Limit risk per trade to 1-2% of your account balance.
Breakout Adjustments: If price breaks through Supply/Demand Zones, adjust your strategy accordingly.
The price of Bitcoin is experiencing a steady decline - 30.12.24Strategy 1: Bullish Trade (Long Position)
Condition: Wait for the price to react at the Demand Zone (90,362 - 92,000 USD) and show bullish reversal signals (e.g., pin bar, engulfing candle, or strong upward momentum on the H1 chart).
Entry Point:
Enter the trade when the price shows confirmation of a bounce between 90,500 - 91,000 USD.
Stop Loss (SL):
Place the stop loss below the Demand Zone at 89,800 USD (for safety).
Take Profit (TP):
TP1: Supply Zone (94,980 - 96,000 USD) (+4,000 USD potential profit).
TP2: FVG H4 (99,550 USD) if the price continues higher (+8,000 USD potential profit).
Risk-to-Reward Ratio (R:R):
Risk: ~1,500 USD (SL at 89,800).
Reward:
TP1: +4,000 USD (R:R ≈ 1:2.7).
TP2: +8,000 USD (R:R ≈ 1:5.3).
Strategy 2: Bearish Trade (Short Position)
Condition: Wait for the price to rise into the Supply Zone (94,980 - 96,000 USD) and show bearish reversal signals (e.g., bearish engulfing, pin bar, or structure break on the H1 chart).
Entry Point:
Enter the trade when the price enters the Supply Zone (95,000 - 96,000 USD) and confirms a reversal.
Stop Loss (SL):
Place the stop loss above the Supply Zone at 96,500 USD.
Take Profit (TP):
TP1: Demand Zone (90,362 - 92,000 USD) (+4,000 USD potential profit).
TP2: Larger Demand Zone at 86,000 USD if the price continues downward (+9,000 USD potential profit).
Risk-to-Reward Ratio (R:R):
Risk: ~1,500 USD (SL at 96,500).
Reward:
TP1: +4,000 USD (R:R ≈ 1:2.7).
TP2: +9,000 USD (R:R ≈ 1:6).
Trading Notes:
Confirm the Signal: Avoid entering trades without strong confirmation signals (e.g., reversal candles or high volume).
Risk Management: Limit risk per trade to 1-2% of your account balance.
Monitor Price Action: If the price breaks through the Supply Zone aggressively, cancel the bearish strategy.
Follow Me. Good luck!
JUBLFOOD : Breakout Stock (1-3 Months)#JUBLFOOD #swingtrade #breakout #patterntrading #chartpattern #Trendsetup
JUBLFOOD : (1-3 Months)
>> Cup & Handle Breakout on Daily
>> Stock in Uptrend on Monthly chart
>> Trending setup & Strong on Higher Time Frame
>> High PE Stock but expecting couple of Good Quarters ahead so with Good Income PE may reuduce considerably
>> Expecting atleast 20-25% upmove
Swing Traders can lock Profit at 10% & Keep trailing
Pls Boost, comment and follow for more Learnings
Note : I have taken Position in it Today for initial 1-3 months tym Frame Expecting 20-25% Returns
Disc : Charts shared for Learning purpose and not a Trade recommendation. Consult your Financial advisor and do your own analysis before taking position in it.
FLAIR LONGThe Elliott Wave analysis indicates that the stock has finished waves (i) and (ii).
Stock is moving in the wave (iii), which are shown by blue numbers on the daily chart.
Wave (iii), also known as the strongest impulse wave, unfolded into five waves, which are illustrated in red.
waves i, ii, iii and iv are finished and shown in red colour on the chart.
Wave v (in red colour) of wave (iii) (in blue colour) will unfold in five waves, as illustrated in the black circle.
Wave levels are depicted on the chart.
Level of Invalidation
The invalidation level of 294 has been identified as the end point for wave i. If the price falls below this level, it means that the projected Elliott Wave pattern is not as it appears.
I'm not a registered Sebi analyst. My research is done solely for academic purposes.
Please consult your financial advisor before trading or investing. I bear no responsibility for your profits or losses.
Regards,
Dr Vineet
NIFTY50 - REVERSAL SWING TRADE ON LONG SIDESymbol - NIFTY50
NIFTY is currently trading at 23585
I'm seeing a trading opportunity on buy side.
Buying NIFTY Futures at 23585
I will add more long position at 23435, if comes.
Holding with SL of 23275
Targets I'm expecting are 24080 - 24210 - 24400
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
It Can be A good Reversal Analyse on your Own thought process.I have been watching this since a long time as the Company is Good making Profits also then why It’s falling and taking support from the same levels. so its a reversal according to to My point of you and it May touch 147 in next 15 to 20 days and 180 in coming Months.
Do your own research then Invest.
TCS Support & Resistance
As of December 30, 2024, Tata Consultancy Services Limited (TCS) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹4,156.05
Short-Term Support: ₹4,168.41
Medium-Term Support: ₹4,131.00
Long-Term Support: ₹4,114.00
Resistance Levels:
Immediate Resistance: ₹4,189.75
Short-Term Resistance: ₹4,189.82
Medium-Term Resistance: ₹4,198.00
Long-Term Resistance: ₹4,215.00
These levels are derived from recent market data and technical analysis.
Traders and investors should monitor these levels closely, as they can provide insights into potential entry and exit points. However, market conditions can change rapidly, so it's advisable to conduct further analysis or consult with a financial advisor before making investment decisions.
AXISBANK Support resistance As of December 30, 2024, Axis Bank Limited (AXISBANK) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹1,071.60
Short-Term Support: ₹1,076.81
Medium-Term Support: ₹1,063.00
Long-Term Support: ₹1,070.00
Resistance Levels:
Immediate Resistance: ₹1,081.85
Short-Term Resistance: ₹1,084.00
Medium-Term Resistance: ₹1,090.00
Long-Term Resistance: ₹1,094.00
These levels are derived from recent market data and technical analysis.
Traders and investors should monitor these levels closely, as they can provide insights into potential entry and exit points. However, market conditions can change rapidly, so it's advisable to conduct further analysis or consult with a financial advisor before making investment decisions.
TATAMOTORS Support & Resistance As of December 30, 2024, Tata Motors Limited (TATAMOTORS) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹748.10
Short-Term Support: ₹734.73
Medium-Term Support: ₹723.18
Long-Term Support: ₹600.00
Resistance Levels:
Immediate Resistance: ₹769.25
Short-Term Resistance: ₹772.84
Medium-Term Resistance: ₹772.33
Long-Term Resistance: ₹900.00
These levels are derived from recent market data and technical analysis.
CIPLA Looking good today As of December 30, 2024, Cipla Limited (CIPLA) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹1,478.40
Short-Term Support: ₹1,484.19
Medium-Term Support: ₹1,479.40
Long-Term Support: ₹1,461.00
Resistance Levels:
Immediate Resistance: ₹1,507.10
Short-Term Resistance: ₹1,518.00
Medium-Term Resistance: ₹1,530.00
Long-Term Resistance: ₹1,547.00
These levels are derived from recent market data and technical analysis.
It's important to note that the stock has support at ₹1,500 and resistance at ₹1,680.
BAJFINANCE Support & ResistanceAs of December 30, 2024, Bajaj Finance Limited (BAJFINANCE) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹6,800.85
Short-Term Support: ₹6,833
Medium-Term Support: ₹6,759
Long-Term Support: ₹6,687
Resistance Levels:
Immediate Resistance: ₹6,921.80
Short-Term Resistance: ₹6,980
Medium-Term Resistance: ₹7,051
Long-Term Resistance: ₹7,126
These levels are derived from recent market data and technical analysis.
Pre Market analysis for 30/12/2024
Pre Market analysis for 30/12/2024
#NIFTYBANK
If market opens flat and breaks 51400 level, will plan for buying for target 51600 level.
If market opens gap down, and breaks 51250 will plan for selling for target 51000.
Wait for 15min candle close below level.
If market opens gap up, and sustains above 51400 level, then plan for buying for target 51600.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Pre Market analysis for 30/12/2024
Pre Market analysis for 30/12/2024
#NIFTY50
If market opens flat and breaks 23850 will plan for buying for target 23950 level. If market opens gap down, and breaks 23800, then plan for selling for target 23700. level.
If market opens gap up, and sustains above 23850 level, then plan for buying for target 23950 level.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
GLENMARK Stock has given strong breakout
#GLENMARK
Stock has given strong breakout from resistance level in daily time frame and closed above it.
If stock sustains above resistance level, can expect good
momentum in coming days.Keep on Radar.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Biocon Ltd view for Intraday 30th Dec #BIOCON
Biocon Ltd view for Intraday 30th Dec #BIOCON
Resistance 335 Watching above 335 for upside movement...
Support area 325 Below 330 ignoring upside momentum for intraday
Support 325 Watching below 325 or downside movement...
Resistance area 335
Above 330 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,