BTC sideways two possibilitiesHere a good consolidation since many hours. This will make sideways market.
So this will always gives good returns when we have a breakdown or breakout.
1) we've cup and handle pattern if breakout green line.
2) we've M pattern breakdown if red line breaks.
Lets see this is my personal view no buy sell recommendations.
Trend Analysis
GOLD IDEA FOR 4TH NOV
"Recently, gold broke below an order block, attracting sellers—only to trap them by pushing higher. Currently, gold is within a key order block and has dipped to grab liquidity from recent lows. There’s potential for it to move lower, trapping demand buyers, before luring in more sellers by appearing to break the demand zone, and then possibly reversing upward to fill major imbalances.
"If this turns into a genuine breakdown, we could see strong momentum similar to the recent 400-pip move. Reversals in the market are notoriously tricky—they often act as traps for traders. That’s why caution is key: watch for confirmation and don’t rush in without clear signals.
This is why it’s essential to wait for a retracement and observe whether lows and highs are being broken before taking a position. Always prioritize confirmation.
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BTC ANALYSIS 2ND NOV 2024"BTC has filled the upper imbalances and dropped back to a 1-hour demand zone. On the 4-hour timeframe, there’s a significant demand zone where price could head next. Given that BTC hasn’t broken any recent highs on the higher timeframe and has filled these imbalances, it appears likely to continue breaking lows and reach the 4-hour demand zone.
For a potential long, we need to see a break above recent highs as marked, while for a short, BTC should break below the minor order block. Always wait for the 15-minute and 1-hour candle closures to confirm, and look to enter on the retracement—avoid entering prematurely.
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APOLLOHOSP for 7800 levels?APOLLOHOSP - CMP 7031
Given the way it held the 7K levels in this carnage, it looks like Apollo Hospitals has an unfinished business at the higher levels for 7800-8000 levels
Wave counts and Technical patterns suggests the same
Rounding bottom pattern target is at 7850 levels
Wave 5 regular extension target is also at 7800 levels (from 2022 lows)
Bitcoin's outlook depends heavily on maintaining above $69KBitcoin’s price has pulled back as it tests a significant supply zone, creating strong pressure on the short-term trend. Volatility remains high, with Bitcoin recently attempting to surpass its yearly high. In order to reach beyond $74,000 to set a new all-time high. However, this push met resistance, indicating possible exhaustion in the rally.
Currently, Bitcoin's outlook depends heavily on maintaining support above $69,000. A breakdown below this level could worsen the market outlook. Yet, online discussions reveal optimism, as analysts present various theories suggesting Bitcoin might still reach new highs.
At this point, with the price in uncertain territory, investors should avoid FOMO and focus on thorough research.
MOTILALOFS : Swing Trade#Motilalofs #swingtrade #vcppatten #breakout
MOTILALOFS : Breakout soon
>> Low PE Stock
>> VCP formation
>> Trending setup
>> Low Risk High Reward Trade
Breakout Failures are Common in the current scenario, so Trade only Good setups with Proper Risk Management, position sizing & proper stop loss rules
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Hindustan Zinc: A Strong Rebound with Bullish MomentumThis is a stock that’s come a long way since its high of 800 in May 2024. No surprises there—it was trading at a premium level. But you knew that wasn’t sustainable long term. Then came the pullback. A solid one, mind you. By mid-September, it dropped to a low of 475. For most, that would look like an exit signal. For those who know the game, that’s just the market taking a breath. And if you looked closely, it was hitting the 200-day EMA at that low, signalling a bounce from a level where institutional money typically starts to take interest again.
Here’s where things get interesting. Hindustan Zinc didn’t just find support at the 200-day EMA; it also broke out of a downtrend. That’s not a fluke. When a stock breaks out of a downtrend and stays above its moving averages, it’s a signal. A signal that it’s time to pay attention. Right now, it’s trading at 558, which is above both the 30 EMA and 200 EMA—strong territory.
Trading above the 30 EMA and the 200 EMA isn’t just a technicality; it’s a show of resilience. A stock doesn’t sustain above those levels unless there’s momentum, and right now, that’s exactly what Hindustan Zinc has. It’s saying, “I’m here to stay.” The 30 EMA is typically a short-term trend indicator, while the 200 EMA speaks to long-term stability. Being above both is a rare occurrence—it means the bulls are in control, and the market is backing it.
Bottom line? Hindustan Zinc is positioned with support and breakout potential. This is a tactical buy for those who recognise a solid foundation in both trendline and moving averages. Keep it on your watchlist because, in a game of tactical plays, this one’s delivering on every front.
CDSL : Swing Trade#CDSL #Chartpattern #VCPpattern #swingtrade #structuretrading
CDSL : Consolidation Breakout soon
>> VCP Pattern developing
>> Breakout Candidate
>> Good Strength & Volumes
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
In the Current Market Scenario, high Chance Breakouts may fail. Trade with proper Risk Management, right position sizing & proper Stop loss rules
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NATIONALUM : Swing Trade#NATIONALUM #swingtrade #chartpattern #trendingstock
NATIONALUM : This is how i expect the Stock to move
>> Low PE Stock
>> Trending Setup on Daily
>> Chart pattern Visible
>> Possibility of failed breakdown and then up move
>> Good Strength & Volumes
Swing Traders can lock profit at 10% and keep trailing
Market is continuously falling and its uncertain as to how much more fall is pending, so trade only good structures with proper Risk management and proper Stop-loss Rules.
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
elliotwaves study ERIS LIFESCIENCESof the 5 waves corrective wave 3-4 and impulse 4-5 is pending. the final cycle in this stock can be expected to be complete by Jan2029 as it is cyclical in nature. We can confirm as long as wave 4 doesn't cross wave1.
The company is a leading player in the domestic branded formulations market. It is the youngest among the top 20 companies in the Indian Pharmaceutical Market.
The company focuses on branded generics, with 85% in chronic and 15% in acute segments. It offers drugs across various therapies, including anti-diabetes, cardiovascular, dermatology, gastroenterology, gynecology, and anti-infective
EUR/USD at Resistance 1.08914: Correction or Breakout?The current EUR/USD chart shows the currency pair facing selling pressure as it approaches the resistance zone at 1.08914. This level could hinder further gains, and if it fails to break through, EUR/USD may correct towards the support zone around 1.07684. This is a key level where buyers might seek a bounce opportunity.
The 34 and 89 EMAs continue to act as major resistance, reflecting the ongoing short-term downtrend. With the current technical signals, a prudent strategy would be to wait for price reactions at the resistance and support levels to determine the next direction, rather than rushing into trades.
News Update: On October 30, 2024, the U.S. dollar softened slightly from its recent highs, pausing its recent rally ahead of key macroeconomic data releases that could shift rate-cut expectations.
Moil - Low Risk Setup
CMP 334.60 on 02.11.24
The price has been corrected by around 40% from the higher levels.
All important levels are marked on the charts. If crosses the area of 340-370 and sustains above, may go into a bullish phase again. targets may be 380/480 and even more.
If sustains below 310 and sustains below, the setup goes weak.
At present point, the risk-reward ratio is quite good.
This is my view only for learning and sharing purposes, not trading advice in any form.
All the best for your trading journeys.
Nifty SmallCap 100 Weekly Chart Analysis
Chart Pattern Identification:
The Nifty SmallCap 100 index is currently trading within a well-defined ascending channel that has held for over 1.5 years. Recently, the price action has shown a Tweezer Bottom/Piercing Pattern near the lower boundary of this channel, which is typically a bullish reversal signal. This pattern indicates strong buying interest at this support level and suggests a potential rebound within the channel.
Key Support and Resistance Levels:
-Support: The lower boundary of the channel, around 17,500–17,700, is acting as a key support level, where the Tweezer Bottom pattern emerged. This level aligns with the channel’s trendline, reinforcing its significance.
-Resistance: Immediate resistance is at the channel’s midline, near 19,200–19,500. If this level is breached, the next resistance lies at the upper channel boundary, around 20,000.
Directional Scenarios:
-Bullish Scenario: A successful rebound from the 17,500–17,700 support and a follow-through above 19,200 could lead to a rally towards the upper channel boundary at around 20,000. Increasing volume on bullish candles would strengthen this scenario.
-Bearish Scenario: If the index fails to hold above 17,500 and closes below the channel, it may signal a breakdown, with potential downside toward the next support level at 16,500.
#Trading #Investing #Stocks #TechnicalAnalysis
EUR/USD Breaks Upside Channel, Bearish Pressure ContinuesThe EUR/USD chart shows that the price has just broken out of the upside channel, confirming that bearish pressure is increasing. With this breakout, there is a high possibility that EUR/USD will continue its downtrend towards the support zone around 1.0820. If the price stays below the EMA (34), the downtrend will be reinforced, opening up the potential for the price to test lower levels.
Gold Price Continues Downtrend After Breaking Upward Trend LineThe current gold price chart shows that there has been a breakout from the previous upward trend line, while the price is also falling below the EMA 34 and EMA 89, confirming the downtrend. With strong selling pressure after the breakout, there is a high possibility that the gold price will continue to decline towards the important support zone around $2,713/ounce.
For trading strategy, you can consider selling orders if the price fails to break above the EMAs, targeting the support zone near $2,713. Conversely, if the price stays above this support zone, there may be a short-term recovery before continuing the main trend.
multiple timeframe breakout soon in LKP SECURITIESIncorporated in 1948, LKP Securities Ltd provides stock and securities broking and other financial services
Business Overview:
Company offers research based equity advisory and trading services viz. equities, debt, structured products, Portfolio Management services and Third party distribution, etc. to individuals, corporates and retail clients. It has presence in 150+ cities in India.
ENTRY should be above 28.60 on closing basis
XAUUSD: The Battle Between Support and Resistance!The XAUUSD chart highlights a clear “battle” at key price levels. Gold has just rebounded from the support at 2,734 and is approaching the resistance at 2,756 – a zone where sellers are strongly defending. The two EMAs (89 and 34) continue to act as “shields,” reflecting the ongoing downward pressure.
With selling force at resistance, the 2,734 support zone could serve as a crucial pivot to determine the next trend. For now, monitoring price reactions at these levels provides a clearer view of market behavior without the need for distant predictions.
Investors are closely watching U.S. election uncertainties and the Federal Reserve’s policy path.
BTC seems like a breakdown furtherAs per my favorite pattern it is forming head and shoulder pattern.
But not yet confirmed the neckline breakdown.
So lets see do we get more correction in BTC or buyers can combat once again.
Lets comment down your views.
This is just my personal view no buy sell recommendations.
Long AARTHI IndustriesHi Everyone,
Currently Aarti industries trading at support Zone in weekly Timeframe.
Pros:- stock trading near 6 months low.
:- Indicators like RSI (10) and ATR value (20) showing good signals for upside moment.
:- ♉ Bullish Engulfing Candle 🕯️ @ Support Zone.
: Option premiums are cheap in current month.
Go long in futures and Options in current Month.
Happy Trading 🎈!! Only for educational purpose₹.