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POLYMED - Breakout Setup, Move is ON..NSE:POLYMED ✅ #POLYMED trading above Resistance of 2700 ✅ Next Resistance is at 3900 Related charts: Charts are 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:POLYMEDLong
by Sandeep_Aggarwal
Amazing breakout on Weekly / Daily Timeframe - ACECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:ACELong
by Yoyohoneysingh93
Amazing breakout on Weekly / Daily Timeframe - TATACHEMCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics PS: No new Nifty500 script can escape from me when making a breakout. :-) NOTE: Wait for weekly close above the breakout level. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:TATACHEMLong
by Yoyohoneysingh93
Finnifty Intraday Analysis for 01st November 2024NSE:CNXFINANCE Index closed near 23880 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24300 Strike – 12.21 Lakh 24200 Strike – 10.32 Lakh 24000 Strike – 9.56 Lakh Put Writing 23500 Strike – 6.47 Lakh 23600 Strike – 5.79 Lakh 23900 Strike – 5.49 Lakh It is expected that the Index will be in a narrow range on Muhurat Trading Day. Index has resistance near 24050 - 24100 range and if index crosses and sustains above this level then may reach near 24200 - 24250 range. Index has immediate support near 23800 – 23750 range and if this support is broken then index may tank near 23650 – 23600 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 01st November 2024NSE:NIFTY_MID_SELECT Index closed near 12350 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 12500 Strike – 20.29 Lakh 12600 Strike – 16.34 Lakh 12400 Strike – 15.72 Lakh Put Writing 12300 Strike – 12.44 Lakh 12400 Strike – 9.60 Lakh 12200 Strike – 6.62 Lakh It is expected that the Index will be in a narrow range on Muhurat Trading Day. Index has immediate resistance near 12400 - 12450 range and if index crosses and sustains above this level then may reach 12550 – 12600 range. Index has immediate support near 12250 – 12200 range and if this support is broken then index may tank near 12150 – 12100 range.
N
by RKMAURYA
Adani Power for 70% gainsDate: 01 Nov’24 Symbol: ADANIPOWER Timeframe: Daily The Big Question is - if Wave IV in Adani Power is now over? A higher high after a close above 675 will make it official. Is 570 a strong enough support? Looks like it. As seen in the chart, a circle has been marked as an accumulation zone. Wave V is likely to head to 1050 levels (70% from current price of 600); more clarity on target will emerge as it moves above 750. Sept quarter results at operational levels were descent but because of lower other income and higher tax; Sept quarter of last FY looks stronger. This is not a trade recommendation. Please do your own analysis. HINGLISH VERSION Bada savaal yah hai ki kya Adani Power mein Wave IV ab khatm ho gaya hai? 675 se upar band hone ke baad ek uchchatar oonchaee ise aadhikaarik bana degi. Kya 570 paryaapt majaboot support level hai? Aisa lagta hai. Jaisa ki chart mein dekha gaya hai, ek sarkal ko accumulation zone ke roop mein chihnit kiya gaya hai. Wave V ke 1050 ke star (600 kee maujooda keemat se 70%) tak pahunchane kee sambhaavana hai, jaise hi yah 750 se upar jaega, target par adhik spashtata saamane aaegee. Operational star par September quarter ke nateeje achhe the. Lekin other income kam hone aur adhik tax ke kaaran; pichhale financial year ka September timaahee majaboot dikh raha hai. Yah koi trade lene ki salah nahi hai. Kripya apana vishleshan svayan karein.
NSE:ADANIPOWERLong
by DhandhaPaani
Classical Cup & Handle Breakout in HDFC BANKHDFC Bank Ltd shows a classic cup and handle pattern on the weekly timeframe, suggesting a bullish continuation signal. Here’s a technical analysis: Cup and Handle Pattern: The chart displays a well-formed cup and handle pattern, which is a bullish technical formation. This pattern often precedes an upward breakout and is considered a strong bullish signal. Resistance Levels: The stock has broken out above key resistance levels drawn at around ₹1,760–₹1,780, confirming the pattern. This breakout suggests potential upside movement with increased buying interest. Volume: There is a significant increase in volume during the breakout, which validates the strength of the breakout. High volume on a breakout indicates strong investor confidence in the upward move. Target Projection: The target projection based on the depth of the cup is approximately 20% above the breakout level, aligning with the level marked around ₹2,100. Stop Loss: A suggested stop-loss level is placed just below the handle’s low (around ₹1600) to manage risk in case of a pullback. Moving Averages: The stock is trading above key moving averages, which reinforces the bullish trend and confirms upward momentum.
NSE:HDFCBANKLong
by Profit_Trader25
BEML Land Assets cmp 240.53 by the Daily Chart view since listed*BEML Land Assets cmp 240.53 by the Daily Chart view since listed* - Support Zone at 215 to 223 Price Band - Daily Support at 223 > 205 > 184 with Resistance at 258 > 279 > 301 - Volumes seen as steady and stable thru entire month of October 2024 - Stock Price has sustained well above the Crossover of Rising Support and Falling Resistance Trendline [ b]- *Support Zone tested retested seen for 4 times over October 2024 indicative of fresh upside momentum*
NSE:BLAL
by PIYUSHCHAVDA
Nifty Muhurat Trading Support & Resistance Levels for 01.11.2024✨ Happy Diwali and Prosperous Muhurat Trading! ✨ On Thursday, Nifty opened almost flat but faced selling pressure, hitting a low of 24,172.60 before closing at 24,205.35, down by 135 points from the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is Negative. Larger time frame demand and supply zones (75m, Daily, Weekly) remain the same as previously noted. Small Time-Frame Demand/Support Zones Near Demand/Support (15m): 24,073.90 - 24,099.10 Small Time-Frame Supply/Resistance Zones Near Supply/Resistance (15m): 24,328.00 - 24,372.45 Near Supply/Resistance (5m): 24,463.10 - 24,498.20 Near Supply/Resistance (15m): 24,522.25 - 24,583.50 Larger Time-Frame Demand/Support Zones Near Demand/Support (Weekly): 23,893.70 - 24,419.75 (tested) Far Demand/Support (Daily): 23,350 - 23,667.10 Larger Time-Frame Supply/Resistance Zones Near Supply/Resistance (75m): 24,636.75 - 24,741.45 Near Supply/Resistance (Daily): 24,664.95 - 24,978.30 Wishing you all a profitable Muhurat session and a bright Diwali ahead! 🪔📈
NSE:NIFTY
by PriteshPal
#XAUUSDDeep adjustment rhythm, awaiting the upcoming opportunityMarket outlook for Gold trading during the European-American session on November 1, 2024: Yesterday saw a profit-taking adjustment that was anticipated. This adjustment will be quite strong, and we should wait for a good entry point to implement our upcoming hold strategy. Today's trading trend: SELL. Key price levels to pay attention to: SELL zone: 2760-2765 and 2770-2775. BUY zone: 2725-2730, 2710-2715, and 2680-2685. Recommended orders: Plan 1: SELL XAUUSD zone 2660 - 2662 SL 2665 TP 2657 - 2650 - 2640 - 2630 -open Plan 2: SELL XAUUSD zone 2773 - 2775 SL 2778 TP 2770 - 2760 - 2750 - 2740 - open. Plan 3: BUY XAUUSD zone 2711 - 2713 SL 2708 TP 2716 - 2720 - 2725 - 2730.
TVC:GOLD
by ifjugapt
Accumulate India Cement range 350-370 before Flag pattern breaksIndia Cement Flag And Poll Forming Flag and Pole pattern, stock has been sideways since last 5 Months. Nifty correced more than 7 % from its all time high butno correction in stock price. The pole as formed with huge volumn but in side ways move volume. Buy accumulate between 350-370 Once breaks out stock could touch price of 560 SL would be 340 on weekly candle closing basis. Buy Range 350-370 SL 340 weekly candle closing below 340 Target 560+
NSE:INDIACEMLong
by pramodchoudhari
BTC 1ST NOV 2024 ANALYISBTC Market Analysis Bitcoin is experiencing strong bearish momentum, with consistent breakdowns of previous lows. In such conditions, always wait for a clear change of character before considering any long trades. Recently, BTC tapped into a previous order block, which initially attracted buyers. However, it quickly reversed, trapping these buyers, and moved down toward a lower order block. This new order block is crucial since it aligns with a 1-hour timeframe resistance, which may act as potential support. My approach would be to wait for BTC to break above this minor order block zone and look for a pullback entry on the retracement. Be mindful that price could also fake out above this level and fall back, trapping more buyers. So, it’s critical to stay patient and let price action develop rather than jumping into a trade prematurely. Stay patient, and only trade once BTC shows its next move. If you found this breakdown useful, consider following for more trade insights.
by munmeeth