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Trend Analysis

Finnifty Intraday Analysis for 25th October 2024NSE:CNXFINANCE Index closed near 23855 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24100 Strike – 5.23 Lakh 24000 Strike – 4.26 Lakh 23900 Strike – 4.17 Lakh Put Writing 23700 Strike – 3.79 Lakh 23800 Strike – 3.32 Lakh 23600 Strike – 3.21 Lakh Index has resistance near 23950 - 24050 range and if index crosses and sustains above this level then may reach near 24250 - 24300 range. Index has immediate support near 23600 – 23500 range and if this support is broken then index may tank near 24200 – 24100 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 25th October 2024NSE:NIFTY_MID_SELECT Index closed near 12570 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 12700 Strike – 11.18 Lakh 12800 Strike – 10.57 Lakh 12600 Strike – 10.14 Lakh Put Writing 12400 Strike – 9.91 Lakh 12500 Strike – 9.41 Lakh 12300 Strike – 7.30 Lakh Index has immediate resistance near 12700 - 12750 range and if index crosses and sustains above this level then may reach 12900 – 13000 range. Index has immediate support near 12400 – 12300 range and if this support is broken then index may tank near 12150 – 12100 range.
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by RKMAURYA
Nifty Broad View For Week AheadNSE:NIFTY has broken Previously Marked Levels of Head and shoulder patterns, Now The Next Three Support zones are as Shown, No longs until it Closes Above R1 Successfully. 200 DSMA and 200 DEMA will be crucial next week. 📌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:NIFTYShort
by Karanshah137
BankNifty levels - Oct 28, 2024Utilizing 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!
NSE:BANKNIFTY
by sacxe
Nifty levels - Oct 28, 2024Nifty 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!
NSE:NIFTY
by sacxe
Bitcoin Bybit chart analysis October 24Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Here is the Bitcoin 30-minute chart. There is a Nasdaq index announcement at 9:30 and 11:00. As I left in the comment on the analysis article on the 23rd a little while ago, From yesterday's long->short->long switching position, I moved the purple finger long position to $66,775. Due to the Bollinger Band 12-hour chart support line touching alone, (12+ not a daily pattern. The mid-term pattern is broken) The daily chart MACD dead cross is holding it down. Because there are many parts that are not good for an immediate upward trend, There are too many branching points at the current position, I thought about it a lot. The result is the same strategy as yesterday. I deleted all the ambiguous positions in the middle. *When the blue finger moves Bidirectional neutral Short->Long->Short switching strategy 1. 67691.5 dollars short position entry section / Pink resistance line breakout or Top section touch stop loss price 2. 66835.5 dollars long position switching / Purple support line breakout Or Bottom section touch stop loss price 3. 68498 dollars short position switching / Orange resistance line breakout stop loss price Or Good section touch stop loss price (Because there is an ambiguous support resistance price in the middle The stop loss price goes clearly into two cases.) If the strategy is ultimately successful, I will aim for the long position switching position after tomorrow. And currently, the MACD dead cross imprint on the daily chart is important. 1) Daily chart resistance line touch -> Ignore dead cross 2) Sideways dead cross imprint possibility 3) Downward and adjusted dead cross 100% imprint) Even if it ends sideways today If there is a rebound tomorrow, the daily chart MACD dead cross It seems like it will be harassing until tomorrow The most important part is Ignoring the *pattern and Nasdaq's ignorant coupling Or a normal mid-term pattern recovery (6+12 retouch or 12+ daily chart). In my experience, since there were many couplings after the unique pattern of the beat was recovered I think it will shake a lot today and tomorrow So, each position should cut losses and fasten their seat belts. Up to this point, I ask that you simply use my analysis for reference and use only. I hope that you will operate safely with the 6 principles of trading and the cut-off price. Thank you for participating and reading today.
BYBIT:BTCUSD.P
by BitCoinGuide
Natural Gas Approaching Breakout: Eyes on Potential UpWe’ve got natural gas lying in a falling wedge pattern, which typically hints at a potential bullish reversal once it breaks out of the wedge. Natural gas recently took support around the 190 level, signaling that the buyers are stepping in to defend this price area. Entry Strategy: I’d wait for a confirmed breakout above 195.5 before entering a long position. This level acts as a trigger for the upward move, indicating that the price has cleared initial resistance. Targets: Once above 195.5, I'm eyeing three targets: 199 – the first resistance, where profit booking might happen. 203 – next significant level based on previous price action. 206 – the top target where I’d expect the price to meet stiffer resistance or reverse. Stop-Loss: To manage risk, I’d place my stop-loss at 192.5, just below the recent support level. This ensures that I’m protected in case the price reverses unexpectedly. Risk management is key here — keeping the stop-loss tight while letting the trade breathe to hit those targets. If this setup works, the breakout could result in a nice upward move within the range of 199-204 points, but it’s important to wait for that breakout confirmation to reduce the chances of a false move. This analysis fits with a disciplined trader’s approach: define risk, set clear targets, and avoid premature entries until there's confirmation!
MCX:NATURALGAS1!Long
by Shalvisharma5
EUR/USD: Pausing at ResistanceHas everyone updated themselves on the EUR/USD pair? Let’s predict where it might go today! The EUR/USD pair is moving sideways in the Asian session, despite a slight rise yesterday. While the USD has softened a bit due to declining interest rates and stable stock markets, concerns about the U.S. economy and geopolitical risks continue to support the greenback. Additionally, weak eurozone PMI data and the ECB's potential policy easing add pressure on the euro. On the 4-hour technical chart, the EUR/USD pair is in a downtrend. Resistance at 1.082 has become a barrier, limiting the pair's chances of a recovery. We should also watch two support levels: 1.080 and 1.077. If the pair breaks below the 1.080 support level, a further decline becomes highly likely. What are everyone’s thoughts on this pair? Let me know!
by Alisa_Rokosz
2
XAGUSD - Accumulation , manipulation and Distribution Power of 3: Accumulation, Manipulation, and Distribution (PO3) : 1. Accumulation: Definition: Accumulation is the phase where institutional traders (also called "smart money") build up their positions (either buying or selling) without causing significant price movement. They do this quietly to avoid attracting attention from retail traders. Purpose: During accumulation, price often consolidates, moving sideways within a range, creating a liquidity pool as both buyers and sellers participate. The purpose is to gather enough orders (buy/sell) before the next big move. Example: In forex, accumulation can be seen when a currency pair’s price remains in a narrow range, forming a consolidation pattern such as a rectangle or triangle. Traders often wait for a breakout from this range as a signal of the next move. 2. Manipulation: Definition: Manipulation is the phase where smart money manipulates the market to trigger retail traders' stop-losses and induce them into the wrong positions. This is often done through a false breakout or a sudden spike in price. Purpose: The goal is to grab liquidity by triggering stop-losses placed by retail traders near obvious levels of support or resistance. This creates an opportunity for smart money to take the opposite position with minimal slippage. Example: In forex, a manipulation phase might occur when price breaks out of a consolidation range, tricking retail traders into taking a position. After this false breakout, the price reverses, catching retail traders on the wrong side of the trade. 3. Distribution: Definition: Distribution is the phase where smart money begins to exit their positions after successfully manipulating the market. This leads to a strong directional move as their large orders push the price significantly. Purpose: The purpose of distribution is to unload the accumulated positions at a profit. As the market moves in the intended direction, retail traders who were manipulated into taking the wrong positions are forced to exit, adding momentum to the move. Example: In forex, distribution is visible as a sharp, sustained price movement in one direction (either bullish or bearish). This often follows the manipulation phase and can result in significant price swings. Disclaimer : Study is for educational purpose.
OANDA:XAGUSDShort
by MDstockmagic
3
Natural gas nov future at resistance area avoid buying at cmpDisclaimer - 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
MCX:NATURALGAS2!
by JaiPrakashShuklaHarmonicTrader
1
Bank Nifty: Headed for a Bargain Basement Sale? 🐻 Bank Nifty: Headed for a Bargain Basement Sale? 🛒 #banknifty Bank Nifty is hanging out at 50,580, but it’s looking like it might be taking the stairs down, with stops in sight at 49,946, 49,565, and — for those who like their discounts deep — 48,316. Is it just me, or is Bank Nifty on a mission to beat all the festive season sales? 📉 If this trend keeps up, we might see a full-on Bank Nifty liquidation event. It’s almost as if it’s saying, “Why settle at 50k when we could add a little more drama?” And just when you thought 49,946 looked cheap, Bank Nifty hints, “Hold my calculator — let’s try for 48,316!” For now, buckle up for the drop and get ready to bargain hunt if you’re feeling daring. And remember, this bear might still have a few more floor checks left. 🐻 Who knows? Maybe it’ll surprise us and decide it’s had enough of the basement. But until then, let’s just say Bank Nifty’s discount tour might have a couple more stops to make! Wish You Happy & safe trading "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
NSE:BANKNIFTY
by DhirajSinghBais
1
Bank Nifty - Formation of Bearish Head and ShoulderBank Nifty index is forming bearish head and shoulders pattern. Here are the key levels mentioned below: Neckline : 50000 (activation point for the pattern) Immediate Support: 49700 (200 EMA) Potential Target: 46500 (if price pierces below 200 EMA) Trend Breakdown: Noted breakdown of the uptrend line since October 23. Make sure to keep an eye on these levels and monitor price action closely as it approaches them! If you have any more insights or questions about trading strategies, feel free to share.
NSE:BANKNIFTYShort
by Arvind_Share_Academy