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Trend Analysis

Nifty trades and targets for - 31/10/24Hello Everyone. The market was in a bearish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
NSE:NIFTY
by GOPISRI
Plan Trading day : 31.10.2024 with Gold"I think today I will trade within the M15 range as shown. I see that H4 is showing hesitation from both the buying and selling sides. Yesterday, the information seemed to support gold's rise, but fundamentally it is overbought, so it may need to slightly decrease to allow liquidity to enter and push the price up. This phase does not seem to be promising for traders. I will wait for a signal to enter a SELL around 2790 and look for a signal to BUY around the 2773 area. Good luck to you all!"
OANDA:XAUUSD
by Finn_Rm3x
Nifty intraday levels for 31st Oct 2024 Please check the levels on chart.. Monthly expiry days so market may be volatile.. please trade carefully. Consider some buffer points in levels. Please do your due diligence before trading or investment. **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:NIFTY
by PrashantTaralkar
1
BankNifty Intraday Support & Resistance Levels for 31.10.2024On Wednesday, BankNifty opened with a gap down, reaching a high of 52,220 before dipping to a low of 51,733. After attempting to hold the 15m demand zone, BankNifty couldn’t sustain, closing at 51,807.50 with a 513-point loss. Both the Weekly and Daily Trends (50 SMA) are currently sideways. Demand/Support Zones: Near Minor Demand/Support Zone (15m): 51,376.60 - 51,517.85 Near Demand/Support Zone (Daily): 49,654.65 - 49,959.25 Far Support: 49,282.65 (61.8% FIBO Level) Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40 Supply/Resistance Zones: Near Supply/Resistance Zone (15m): 52,264.05 - 52,349.45 Near Supply/Resistance Zone (Daily): 51,855.15 - 52,577.50 (tested) Far Supply/Resistance Zone (Daily): 52,817.80 - 53,235.25 Far Supply/Resistance Zone (Weekly): 53,741.40 - 54,467.35
NSE:BANKNIFTY
by PriteshPal
Bank nifty trades and targets - 31/10/24Hello Everyone. The market was in a bearish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 70 points as we are getting very few trending moves.
NSE:BANKNIFTY
by GOPISRI
Nifty Intraday Support & Resistance Levels for 31.10.2024On Wednesday, Nifty opened with a gap down, with bulls attempting a recovery to a high of 24,498.20 before dropping to a low of 24,307.30. It closed at 24,340.85, shedding 126 points from the previous close. The Weekly Trend (50 SMA) is still sideways, while the Daily Trend remains negative. Demand/Support Zones: Near Demand/Support Zone (Weekly): 23,893.70 - 24,419.75 (tested) Far Demand/Support Zone (Daily): 23,350 - 23,667.10 Supply/Resistance Zones: Near Supply/Resistance Zone (75m): 24,636.75 - 24,741.45 Near Supply/Resistance Zone (Daily): 24,664.95 - 24,978.30
NSE:NIFTY
by PriteshPal
NIFTY: INSTITUTIONAL LEVELS FOR 31/10/2024QUICK GUIDE - Use 5 minute timeframe - Try to take enters at retest - Use multiple confirmation - Read full description before investing - Try to take ATM options or above Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and exit points - In this pair of lines with two colors are given (RED AND BLUE) - In this the blue line is used to take long entry and the red line is used to take short entry (But it is all based on a more conformation from your trading plan) Stop Loss/Take Profit: Stop Loss - According to this, if you take a long trade, its stop loss will be the red line just below ( A trade can exit either when the price crosses the red line or the 5 minute candlestick crosses the red line. (This can be done according to your preference) ) - A short entry should use the opposite rules to a long entry Take Profit -When you take a long entry according to the profit to be booked is on the next red line above. ( Or if there are other reasons, it can be a safe exit ) - Opposite rules for booking profit on long entry are to book profit on short trade. ( The blue line above is the stop loss of short entry ) Timeframe: According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this) Risk Disclaimer: Trading carries significant risk and is not suitable for all traders. You may lose some or all of your capital in a matter of minutes or hours. Market conditions can change rapidly, and prices can move against you quickly. You may not always be able to exit at a favorable price, and you may be required to hold a position overnight, exposing yourself to additional risk. Day trading involves high risk, high leverage, and high stakes, and you should only trade with funds you can afford to lose. Please carefully consider your financial situation, risk tolerance, and trading objectives before engaging in day trading. Engagement: Share your insights, ask questions, and learn from others in the community. Whether you're a seasoned pro or just starting out, we're all in this together. What's your take on the current market conditions? Which trading strategies are working for you? Let's discuss and help each other grow as traders! Comment below and let's get the conversation started! Original Content: This trading setup is the result of my own innovation and expertise, and is not based on any publicly available information or third-party systems. It is a reflection of my dedication to developing a competitive edge in the markets.
NSE:NIFTY
by tony_fx_sm
Adani Enterprises: 100 pts long trade.First of all Happy Deepavali to Everyone. Wish everyone a happy trading year. * Previous ICICI Bank trade worked out very well achieving all its targets. Still following the trend channel. * Adani enterprise after taking A strong support from 2700 level on the way to retest its swing high 3100 - 3200. * Presently trading on fib retracement zone of 0.5 to 0.6 at 2950 level. *Trade levels for the trade Target levels: 3100-3200 (if resistance breaks, can take more risk) Stop loss: 2900 Risk/Reward ratio: 1:2
NSE:ADANIENTLong
by Ortasim78
BNBUSDT Poised for a Bearish Move? Critical Levels Ahead!Yello Paradisers! Are we witnessing the beginning of a bearish turn for BNBUSDT? The probability is definitely increasing, and here’s what you need to watch. 💎BNBUSDT has already taken liquidity and shown a Change of Character (CHoCH), signaling a shift toward a bearish market structure. If the price moves upward from here and displays an Internal Change of Character (I-CHoCH) from the resistance zone, it will significantly boost the chances of a further bearish trend. 💎However, if the price breaks down and closes a candle above the resistance zone, this would invalidate our bearish scenario entirely, requiring us to reconsider our strategy. 🎖 Paradisers, as always, discipline is key. Waiting for confirmation before acting ensures you stay on the right side of the trade. Stay focused, stay patient, and play it smart! MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Nathan
SOLUSDT: Is a Bullish Move on the Horizon?Yello, Paradisers! Are we about to witness a bullish surge in SOLUSDT, or should we brace for a breakdown? 💎The current setup suggests that inducement might be in play, but the key to a higher probability bullish move lies in waiting for a Change of Character (CHoCH). If the price approaches the support zone and gives us that CHoCH, we can confidently plan our entry on the pullback. 💎However, be cautious! If the price breaks down below the support zone and closes a candle beneath it, that would invalidate our bullish outlook and signal a bearish trend. Since we're not interested in the bearish side for SOLUSDT, it would be wise to ignore any short positions in this scenario. 🎖Remember, patience and discipline are crucial. Only enter trades that align with your strategy and offer the highest probability of success. This approach is how you stay ahead in the long run. Stay sharp and trade smart, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Gold trading analysis, October 30, continuously updated...Dear gold investors As shown in the figure The rising trend from red point A to red point B is the most recent wave of gold trading. From the perspective of technical analysis, I record it as the beginning of the present The significance of this trend is that the segmentation of the current market is convenient for us to accurately judge the future trend. When we analyze the future trend for trading, the first thing we need to understand is what the trend of gold has experienced before the current wave of rise, and where it will most likely go in the future. 1: Red point A to red point B is the main rising trend of the previous wave, sorting out the upward outbreak point of the market at the position of red point C 2: The white channel is interpreted as the downward channel that may be caused by the retracement of red point B 3: The blue channel is interpreted as the upward channel of the current gold with a high probability 4: The orange parallel line is interpreted as the price blockage and stay relationship that gold is likely to experience now and in the future 5: The green line is interpreted as the central line of the oscillation, which means zoning and classification, because the oscillation starts with a wave of rising or falling market, and ends with the final exhaustion, thus going out of a new period of oscillation The core theory of line analysis is actually the law of conservation of volume and energy. No matter how much money comes into the market, it will eventually go out in the future. Therefore, money, as kinetic energy, forms conservation fluctuations, which also forms the high and low echoes in the channel. So next, according to technical analysis, gold stands firm near the orange C line of $2,748, which means the fulcrum of the current market. It also means a defensive point that cannot be ignored for all intraday transactions. At present, we see that gold has risen to around 2,785. In theory, the expected retracement of trend trading will rise to the range of $2,760-2,770. Next, we patiently wait for the retracement of gold and buy on dips.
OANDA:XAUUSD
by GoldFxTradingPioneer
SEQUENT SCIENTIFIC LTD LONG ANALYSIS 18 AUG 24SEQUENT SCIENTIFIC LTD LONG Investment type : Short term (6-12 months) CMP- 143.30 R:R = 1:2.5 Pattern formed : Rounding bottom Expected Gain : 20-45 % Bullish levels : level 1 : 156.39 level 2 : 206.97 level 3 : 237.68 level 4 : 272.35 Stop Loss : 91.34 This tech. analysis is purely for education purpose only we did not recommend to invest as per our analysis. For investment please consult financial advisor .
NSE:SEQUENTLong
by believe_in_your_dreams2517
3
KRSNAA - Ichimoku Breakout📈 Stock Name - Krsnaa Diagnostics Ltd 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 951. 🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #smallcap #largecap #KRSNAA
NSE:KRSNAALong
by nikunjbhadja