Tata Motors Intraday Ideas for December first wek 2024hi! this is Kapil,
Traders know the Secret of intraday trading in Tata Motors.
One candle close above with volume will result into targets
of both sides in Tata motors in 2024 Dec first week.
Disclaimer - Before making any actual investment or trading decisions, it is strongly recommended that you consult a qualified broker or financial advisor.
Trend Lines
ICICI Prudential Cmp 700 Price Rise with VolumesICICI Prudential Cmp 700 dated 29-11-2024
1. Consolidation Bo above 702
2. Made almost 20% correction from highs
3. RSI reversal
4. Price Rise with Volumes
Buy above 702 SL 665 target 710-720-730-745-755-765-770
It is just a view, please trade at your own risk.
RUNE/USDT: A Bullish Breakout or a Fake Move?Yello, Paradisers! RUNE/USDT is showing significant signs of strength, with a bullish Change of Character (CHoCH) and a Break of Structure (BOS). Adding to the optimism, the formation of an Inverse Head and Shoulders pattern paired with bullish divergence increases the probability of an upward move. However, key levels and confirmations are critical to validating this potential bullish scenario.
💎If RUNE/USDT successfully breaks above the resistance zone and closes a candle above it, the pattern will be validated. This would strengthen the bullish narrative and increase the likelihood of further upward momentum.
💎In the event of a pullback, we can expect a bounce from the bullish Order Block (OB) zone. For added confirmation, observing an internal CHoCH (I-CHoCH) on lower timeframes will help increase the probability of a sustained bullish move.
💎Should the price break below the bullish OB zone and close a candle beneath it, the bullish idea would be invalidated. This breakdown would signal a shift in market sentiment, requiring traders to adjust their strategies accordingly.
Paradisers, remember the importance of discipline and patience in these moments. Always wait for confirmations before executing trades, and maintain strict risk management. Consistency is the cornerstone of long-term profitability in this market. Stay smart, focused, and strategic.
MyCryptoParadise
iFeel the success🌴
ETHUSD SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD DUEETHUSD 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 29th November 2024NSE:NIFTY
Index closed near 23915 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24500 Strike – 61.52 Lakh
24300 Strike – 50.68 Lakh
24200 Strike – 44.74 Lakh
Put Writing
23500 Strike – 54.37 Lakh
24000 Strike – 40.64 Lakh
24800 Strike – 28.49 Lakh
Index has resistance near 24300 – 24350 range and if index crosses and sustains above this level then may reach near 24450 - 24500 range.
Index has immediate support near 23800 – 23750 range and if this support is broken then index may tank near 23650 – 23550 range.
Banknifty Intraday Analysis for 29th November 2024NSE:BANKNIFTY
Index closed near 51905 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
53000 Strike – 12.31 Lakh
52500 Strike – 9.94 Lakh
52000 Strike – 6.88 Lakh
Put Writing
52000 Strike – 9.66 Lakh
51000 Strike – 7.94 Lakh
51500 Strike – 5.84 Lakh
Index has resistance near 52650 – 52750 range and if index crosses and sustains above this level then may reach near 53200 – 53300 range.
Index has immediate support near 51600 - 51500 range and if this support is broken then index may tank near 51100 - 51000 range.
Finnifty Intraday Analysis for 29th November 2024NSE:CNXFINANCE
Index closed near 23920 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
24000 Strike – 1.45 Lakh
24100 Strike – 0.60 Lakh
24500 Strike – 0.60 Lakh
Put Writing
24000 Strike – 1.54 Lakh
24100 Strike – 0.59 Lakh
24200 Strike – 0.45 Lakh
Index has resistance near 24200 - 24250 range and if index crosses and sustains above this level then may reach near 24400 - 24500 range.
However, Index has immediate support near 23750 – 23650 range and if this support is broken then index may tank near 23400 – 23300 range.
Midnifty Intraday Analysis for 29th November 2024NSE:NIFTY_MID_SELECT
Index closed near 12580 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
12600 Strike – 2.33 Lakh
13000 Strike – 2.08 Lakh
12700 Strike – 1.80 Lakh
Put Writing
12600 Strike – 2.25 Lakh
12500 Strike – 1.61 Lakh
12550 Strike – 0.81 Lakh
Index has immediate resistance near 12650 – 12700 range and if index crosses and sustains above this level then may reach 12850 – 12950 range.
Index has immediate support near 12450 – 12400 range and if this support is broken then index may tank near 12250 – 12200 range.
TRAPPED..? BANKNIFTY couldn’t sustain or hold itself above our given levels leading to big fall and we had discussed about it before as it can show multiple fakeouts before finally breaking out so we have to wait for candle to close above the given range for trend confirmation so plan your trades accordingly and keep watching.
Trent - Perennial bullishnessTrent is a consistently bullish stock, offering strong long-term investment opportunities.
Key Points:
1.] The stock maintains its bullish momentum by consistently taking support at the uptrend line.
2.] Frequent formation of flag patterns indicates a continuation of its upward trajectory.
3.] The stock rarely dips below the 360-day moving average, making it an excellent buy when near this level for long-term gains.
Gold on Buying Zone again. but consolidation phase is on yetPositive delta on negative candles = 1st proof of buyers on accumulation zone.
5 days of past week all on buyers interest as net positive delta count on candle close.
this week 1 single candle showing 50$ + selling candle shows buyers booking profit and sellers trying to add new selling pressure on Monday. but post Tuesday, we see positive delta on candle close on daily basis this again shows, buyers entering accumulation zone, with prices on consolidation zone.
Buy side opportunity is seen with high priority.