EURUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD EURUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Trend Lines
VISAKAIN: Prepared for a 20% RallyThe chart of VISAKA provides delineates critical price thresholds that signify breakout point, along with specific support level that serve as indicators of where buying interest may manifest.
Additionally, the chart highlights regions likely to act as resistance point for future price ascension, allowing for informed decisions on entry and exit strategies.
Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions
Time to get CAUTIOUS !!BANKNIFTY can be seen closing below 50000 mark which had been an important support and psychological level, also the major trend line as well demand zone has been broken with formation like inverted head and shoulders structure hence FRIDAY could really be an important day to decide further rally. If managed to close above 50000 then we may see some respite and recover else major selling is expected of more than 3000++ points in coming trading sessions so plan your trades accordingly.
Nifty Intraday Analysis for 9th January 2025NSE:NIFTY
Index closed near 23690 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 136.68 Lakh 23800 Strike – 85.63 Lakh
23700 Strike – 81.34 Lakh
Put Writing
23500 Strike – 93.82 Lakh
23400 Strike – 71.25 Lakh
23600 Strike – 70.25 Lakh
Index has resistance near 23800 - 23850 range and if index crosses and sustains above this level then may reach near 24000 - 24050 range.
Index has immediate support near 23600 – 23550 range and if this support is broken then index may tank near 23400 – 23350 range.
Banknifty Intraday Analysis for 9th January 2025NSE:BANKNIFTY
Index closed near 49835 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
51000 Strike – 16.19 Lakh
50000 Strike – 9.27 Lakh
50500 Strike – 6.16 Lakh
Put Writing
50000 Strike – 12.27 Lakh
49000 Strike – 11.97 Lakh
49500 Strike – 6.80 Lakh
Index has resistance near 50400 – 50500 range and if index crosses and sustains above this level then may reach near 50900 – 51000 range.
Index has immediate support near 49500 - 49400 range and if this support is broken then index may tank near 49000 - 48900 range.
Finnifty Intraday Analysis for 9th January 2025NSE:CNXFINANCE
Index closed near 23235 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
23500 Strike – 0.49 Lakh
23400 Strike – 0.47 Lakh
23700 Strike – 0.47 Lakh
Put Writing
23000 Strike – 0.49 Lakh
23400 Strike – 0.34 Lakh
23300 Strike – 0.27 Lakh
Index has resistance near 23350 - 23400 range and if index crosses and sustains above this level then may reach near 23500 - 23550 range.
Index has immediate support near 23100 – 23050 range and if this support is broken then index may tank near 22850 – 22800 range.
Midnifty Intraday Analysis for 9th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12560 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
12500 Strike – 2.41 Lakh
12700 Strike – 2.38 Lakh
12600 Strike – 2.34 Lakh
Put Writing
12500 Strike – 4.62 Lakh
12700 Strike – 2.69 Lakh
12600 Strike – 2.51 Lakh
Index has immediate resistance near 12650 – 12700 range and if index crosses and sustains above this level then may reach 12800 – 12850 range.
Index has immediate support near 12425 – 12375 range and if this support is broken then index may tank near 12200 – 12150 range.
Ethereum at a Critical Turning Point: Head & Shoulder PatternEthereum Technical Chart Study
Ethereum is showing some interesting price action. It recently took resistance from its resistance zone and is now forming a classic Head & Shoulder pattern—a structure often signaling potential reversals.
Currently, the price is sitting right at the neckline of the Head & Shoulder pattern. If this neckline breaks, it could lead to further downside movement.
Looking below, there’s some key support to watch:
1. The 2800 resistance zone, which Ethereum broke out of earlier, hasn’t been tested yet. This zone might now act as a strong support if the price moves downward.
2. There’s also a trendline support in play, adding another layer of potential price stability.
So, what’s next?
If Ethereum breaks the neckline, we could see the price fall towards the 2800 zone or possibly to the trendline support. These are the levels to keep an eye on for the next big move.
BANKNIFTY at MAKE or BREAK level !! As we can see BANKNIFTY tried to break but couldn’t sustain below the demand zone and managed to close above the demand zone which shows chances of recovery in market but in any case breaks below and sustain then another sharp unidirectional rally can be seen in BANKNIFTY of more than 2000++ points in few trading sessions so plan your trades accordingly and keep watching.
MAZDA LTD LONG ANALYSIS 08 JAN 2025Mazda Ltd Long analysis 8 Jan 2025
Investment type : Mid term (6-12 months)
CMP:- 1839.15
R:R = 1:2
Expected gains : 30-40%
Bullish Levels :
Level 1 : 2031.15
Level 2 : 2216.15
Level 3 : 2462.80
Level 4 : 2738.80
Stop loss : 1240
This tech. analysis is purely for educational purpose only we do not recommend to invest as per our analysis.
for investment please consult financial advisor.
BANKNIFTY: Potential Selling Pressure AheadTopic Statement: BANKNIFTY may face selling pressure as the breakdown of the long-term trendline signals a downtrend towards retracement levels which will act as potential support zones.
Key Points:
1. The long-term trendline breakdown indicates a downtrend.
2. Retracement levels will be the targets during a correction.
3. Medium-term correction may occur up to the 38.2% retracement level with support around 40,000.
4. Long-term correction may occur up to the 50% retracement level with support around 35,000.
HDFC Bank may fall to 1600 levelHDFC bank is on the verge on going down, If you see that it has broken the long support and now its going down further, weekly chart shows further down trend.
Using the traditional analysis rather than Elliott waves to keep the things simple.
Disclaimer: I am not SEBI registered member, please do your own analysis and take a call. This posting is only for educational purpose.
Nifty Intraday Analysis for 8th January 2025NSE:NIFTY
Index closed near 23710 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 122.43 Lakh 24200 Strike – 111.77 Lakh
24100 Strike – 77.23 Lakh
Put Writing
23200 Strike – 92.26 Lakh
23500 Strike – 56.77 Lakh
23300 Strike – 54.14 Lakh
Index has resistance near 23800 - 23850 range and if index crosses and sustains above this level then may reach near 24000 - 24050 range.
Index has immediate support near 23600 – 23550 range and if this support is broken then index may tank near 23400 – 23350 range.
Banknifty Intraday Analysis for 8th January 2025NSE:BANKNIFTY
Index closed near 50200 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
51000 Strike – 13.12 Lakh
51500 Strike – 11.99 Lakh
50500 Strike – 5.15 Lakh
Put Writing
50000 Strike – 11.89 Lakh
51000 Strike – 10.59 Lakh
50500 Strike – 6.21 Lakh
Index has resistance near 50400 – 50500 range and if index crosses and sustains above this level then may reach near 50900 – 51000 range.
Index has immediate support near 49700 - 49600 range and if this support is broken then index may tank near 49100 - 49000 range.
Finnifty Intraday Analysis for 8th January 2025NSE:CNXFINANCE
Index closed near 23430 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
24000 Strike – 1.07 Lakh
23800 Strike – 0.45 Lakh
23500 Strike – 0.44 Lakh
Put Writing
24000 Strike – 1.16 Lakh
23500 Strike – 0.88 Lakh
23800 Strike – 0.61 Lakh
Index has resistance near 23500 - 23550 range and if index crosses and sustains above this level then may reach near 23700 - 23750 range.
Index has immediate support near 23250 – 23200 range and if this support is broken then index may tank near 23100 – 23050 range.
Midnifty Intraday Analysis for 8th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12740 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
13000 Strike – 7.19 Lakh
12800 Strike – 4.95 Lakh
12700 Strike – 2.07 Lakh
Put Writing
12800 Strike – 5.24 Lakh
13000 Strike – 4.88 Lakh
12700 Strike – 2.87 Lakh
Index has immediate resistance near 12800 – 12850 range and if index crosses and sustains above this level then may reach 12950 – 13000 range.
Index has immediate support near 12650 – 12600 range and if this support is broken then index may tank near 12500 – 12450 range.
Navinfluor | Trendline Bull Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Resistance
✅Check out my Trading View profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
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Technical Analysis of Gopal Snacks Ltd....TRADE FOR LATERINVEST BEFORE READ CAREFULLY / TAKE TRADE ON YOUR OWN RISK
RISK~REWARD PROFILE = 5.91:1
NSE:GOPAL SANEKS Technical chart Observations:-
~Price Correction:-
The stock corrected around 29%, possibly due to the negative news (fire in a warehouse).
The price appears to be approaching a strong psychological support level at ₹335.
~Pattern Formation:-
A potential Head and Shoulders pattern is visible, signaling a bearish reversal that already played out.
The price dropped significantly post-pattern completion.
~Support Level:-
Key support is around ₹322.80, which is highlighted as the entry point for a possible bounce.
Stop-loss (SL) is marked at ₹304.50 to limit downside risk.
~Target Levels (TP):-
~TP1: ₹362.30
~TP2: ₹386.35
~TP3: ₹430.95
~Volume:-
The trading volume on the recent downtrend is moderate, indicating cautious selling.
~Trend:-
Currently in a downtrend but nearing a critical psychological support zone.
Trading Strategy:
Wait for Confirmation: Enter the trade only if the price shows a clear bounce or reversal signs at the ₹322.80 level.
~Risk-Reward:-
Stop-loss: ₹304.50 (downside ~₹18.30 per share).
Target 1 (TP1): ₹362.30 (upside ~₹39.50).
Risk-reward ratio is favorable if TP1 is achieved.
~Notes:-
This is a counter-trend trade (going against the dominant downtrend), so caution is advised.
Monitor closely for any trend continuation or reversal indicators (e.g., candlestick patterns or volume spikes).
The highlighted targets (TP1-TP3) should be treated as milestones—book partial profits at each.
Final Note:
This chart suggests a well-structured trade setup, but execution depends on confirmation of price action near the support zone. Traders should monitor market sentiment, news updates, and technical signals before entering the trade.
Disclaimer:
I am not a SEBI-registered advisor. These levels are for educational purposes only. Please trade at your own risk. Consult a professional financial advisor for tailored advice. Like and share if you found this helpful!
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GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Nifty Intraday Analysis for 7th January 2025NSE:NIFTY
Index closed near 23615 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24200 Strike – 101.70 Lakh 24000 Strike – 93.24 Lakh
24100 Strike – 76.54 Lakh
Put Writing
23300 Strike – 49.24 Lakh
23500 Strike – 40.70 Lakh
23600 Strike – 39.55 Lakh
Index has resistance near 23750 - 23800 range and if index crosses and sustains above this level then may reach near 23950 - 24000 range.
Index has immediate support near 23500 – 23450 range and if this support is broken then index may tank near 23250 – 23200 range. If the Index doesn't bounce back from day low, another round of downside moment is expected due to fresh development of the HMPV threat.
Midnifty Intraday Analysis for 7th January 2025NSE:NIFTY_MID_SELECT
Index closed near 12695 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
13000 Strike – 7.09 Lakh
12800 Strike – 3.524 Lakh
12700 Strike – 2.40 Lakh
Put Writing
13000 Strike – 5.62 Lakh
12800 Strike – 4.64 Lakh
12700 Strike – 3.95 Lakh
Index has immediate resistance near 12800 – 12850 range and if index crosses and sustains above this level then may reach 12950 – 13000 range.
Index has immediate support near 12650 – 12600 range and if this support is broken then index may tank near 12500 – 12450 range. If the Index doesn't bounce back from day low, another round of downside moment is expected due to fresh development of the HMPV threat.
Banknifty Intraday Analysis for 7th January 2025NSE:BANKNIFTY
Index closed near 49920 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
51000 Strike – 13.72 Lakh
50000 Strike – 6.47 Lakh
50500 Strike – 5.02 Lakh
Put Writing
49000 Strike – 12.14 Lakh
50000 Strike – 11.73 Lakh
51000 Strike – 11.61 Lakh
Index has resistance near 50300 – 50400 range and if index crosses and sustains above this level then may reach near 50800 – 50900 range.
Index has immediate support near 49500 - 49400 range and if this support is broken then index may tank near 49000 - 48900 range. If the Index doesn't bounce back from day low, another round of downside moment is expected due to fresh development of the HMPV threat.