USDCAD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD USDCAD SHOWING A GOOD DOWN MOVE WITH 1:10 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
SIEMENS BEARISH TREND ANALYSIS (SHORT)NSE:SIEMENS
SIEMENS BEARISH TREND ANALYSIS
Key Levels:
Entry Point: ₹6,559.45
Stop Loss (SL): ₹6,732.85
Target Points:
TP1: ₹6,339.95
TP2: ₹6,143.60
TP3: ₹5,747.50
Analysis:~
Trend Overview:
Siemens is showing a bearish trend, confirmed by the price breaking an 8-month support level. The chart highlights potential downside targets with a disciplined stop-loss placement.
Support and Resistance:
The price has failed to sustain above the long-term support level, which has now turned into resistance.
The trend suggests potential further decline toward the specified targets.
Risk Management:~
Stop Loss at ₹6,732.85 ensures risk is minimized if the trade goes against the trend.
Target levels are spaced for progressive profit booking.
Chart Insights:~
Bearish Confirmation:
Siemens has turned bearish, breaking below its 8-month support zone, signaling potential further downside movement.
Resistance:~
The previous support level now acts as resistance.
A stop loss is placed slightly above this level to mitigate risk in case of trend reversal.
Profit Targets:~
TP1 and TP2 offer conservative profit levels, while TP3 provides a more aggressive downside target.
Trend Direction:
The 50-day and 200-day moving averages are sloping downwards, indicating sustained bearish momentum.
Disclaimer:
I am not a SEBI-registered advisor. This analysis is for educational purposes only. Trade at your own risk. Please consult a professional financial advisor before making trading or investment decisions. Thank you! Like and share if you found this helpful.
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The much tested TRENDLINE is broken What’s next? As we can see BANKNIFTY fell unidirectionally as expected in our previous post as the trendline was tested multiple times making it weaker hence any sustainment below the trendline would lead to a good fall was our plan and it did happen. Now it can be seen closing at important demand zone but can also be seen in more like head and shoulders pattern in bigger time frame hence once again if breaks below then we may see a strong downfall in coming trading sessions so plan your trades accordingly.
Nifty Intraday Analysis for 6th January 2025NSE:NIFTY
Index closed near 24005 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24500 Strike – 79.43 Lakh 24200 Strike – 76.59 Lakh
24400 Strike – 66.85 Lakh
Put Writing
23700 Strike – 63.38 Lakh
24000 Strike – 59.97 Lakh
23500 Strike – 48.29 Lakh
Index has resistance near 24150 - 24200 range and if index crosses and sustains above this level then may reach near 24300 - 24350 range.
Index has immediate support near 23900 – 23850 range and if this support is broken then index may tank near 23725 – 23675 range.
Banknifty Intraday Analysis for 6th January 2025NSE:BANKNIFTY
Index closed near 50990 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
52000 Strike – 17.10 Lakh
51500 Strike – 11.36 Lakh
51000 Strike – 8.23 Lakh
Put Writing
50000 Strike – 11.61 Lakh
51000 Strike – 11.45 Lakh
51500 Strike – 11.02 Lakh
Index has resistance near 51500 – 51600 range and if index crosses and sustains above this level then may reach near 52000 – 52100 range.
Index has immediate support near 50600 - 50500 range and if this support is broken then index may tank near 50100 - 50000 range.
Finnifty Intraday Analysis for 6th January 2025NSE:CNXFINANCE
Index closed near 23735 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
24000 Strike – 1.11 Lakh
23900 Strike – 0.57 Lakh
23800 Strike – 0.56 Lakh
Put Writing
24000 Strike – 1.02 Lakh
23800 Strike – 0.85 Lakh
23500 Strike – 0.53 Lakh
Index has resistance near 23800 - 23850 range and if index crosses and sustains above this level then may reach near 24000 - 24100 range.
Index has immediate support near 23600 – 23550 range and if this support is broken then index may tank near 23450 – 23400 range.
Midnifty Intraday Analysis for 6th January 2025NSE:NIFTY_MID_SELECT
Index closed near 13010 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
13000 Strike – 5.99 Lakh
13200 Strike – 2.54 Lakh
12800 Strike – 2.39 Lakh
Put Writing
13000 Strike – 6.71 Lakh
12800 Strike – 4.15 Lakh
12900 Strike – 2.01 Lakh
Index has immediate resistance near 13125 – 13175 range and if index crosses and sustains above this level then may reach 13250 – 13300 range.
Index has immediate support near 12925 – 12875 range and if this support is broken then index may tank near 12750 – 12700 range.
Directional RALLY coming soon..?As we can see BANKNIFTY again got rejected from our zone and fell sharply but despite the weakness it managed to close above the trendline hence giving no clear stance of its upcoming direction. We can see the trendline got weaker which has been tested multiple time which could result in steep downfall If managed to close below the trendline but can also reverse if managed to sustain itself above the trendline so plan your trades accordingly and PATIENTLY.
HIMADRI SPECIALITY CHEM LTD TRADING IDEA!📊 Analysis:
HSCL is trading above its key EMAs (20, 50, and 200), indicating a strong bullish trend.
The stock has broken a critical resistance level at ₹590, supported by rising volumes, signaling potential for further upside.
The price structure reflects bullish continuation with solid support below ₹565.
📈 Trading Plan:
Entry Point: ₹595 (enter on a breakout confirmation with good volume).
Target 1 (T1): ₹620
Target 2 (T2): ₹650
Stop Loss (SL): ₹565
🛑 Risk-to-Reward Ratio: Approximately 1:2
NIFTY GOING FOR 25717🔸July 2025 target- 25717🔸
➡️Every 200+ days the trendline is tested and respected
➡️Assuming no major negative event, trendline should hold
➡️Despite FII pulling out record funds, the index has been making new ATH for the period
➡️The earnings in the NIFTY50 constituent companies are making the bluechip and in turn index attractive
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:8 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
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDXAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7RISK 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 3rd January 2025NSE:NIFTY
Index closed near 24190 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24200 Strike – 36.59 Lakh 24500 Strike – 29.98 Lakh
24000 Strike – 23.56 Lakh
Put Writing
24000 Strike – 39.03 Lakh
23900 Strike – 36.22 Lakh
24200 Strike – 30.25 Lakh
Index has resistance near 24250 - 24300 range and if index crosses and sustains above this level then may reach near 24450 - 24500 range.
Index has immediate support near 23950 – 23900 range and if this support is broken then index may tank near 23800 – 23750 range.
Banknifty Intraday Analysis for 3rd January 2025NSE:BANKNIFTY
Index closed near 51605 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
53000 Strike – 13.54 Lakh
52000 Strike – 12.88 Lakh
51500 Strike – 7.82 Lakh
Put Writing
51000 Strike – 10.95 Lakh
51500 Strike – 10.53 Lakh
52000 Strike – 7.55 Lakh
Index has resistance near 52100 – 52200 range and if index crosses and sustains above this level then may reach near 52500 – 52600 range.
Index has immediate support near 51100 - 51000 range and if this support is broken then index may tank near 50600 - 50500 range.
Finnifty Intraday Analysis for 3rd January 2025NSE:CNXFINANCE
Index closed near 24005 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
24000 Strike – 0.78 Lakh
24500 Strike – 0.48 Lakh
23500 Strike – 0.32 Lakh
Put Writing
24000 Strike – 1.05 Lakh
23800 Strike – 0.62 Lakh
23700 Strike – 0.61 Lakh
Index has resistance near 24150 - 24200 range and if index crosses and sustains above this level then may reach near 24350 - 24400 range.
Index has immediate support near 23850 – 23800 range and if this support is broken then index may tank near 23625 – 23575 range.
Midnifty Intraday Analysis for 3rd January 2025NSE:NIFTY_MID_SELECT
Index closed near 13095 level and Maximum Call and Put Writing near CMP as below in January Month contract:
Call Writing
13000 Strike – 7.03 Lakh
12800 Strike – 2.68 Lakh
13200 Strike – 2.16 Lakh
Put Writing
13000 Strike – 7.59 Lakh
12800 Strike – 4.24 Lakh
12900 Strike – 2.93 Lakh
Index has immediate resistance near 13150 – 13175 range and if index crosses and sustains above this level then may reach 13275 – 13300 range.
Index has immediate support near 13000 – 12950 range and if this support is broken then index may tank near 12850 – 12800 range.
7 years breakout candidate BROOKS LABSBrooks Laboratories Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 419.92 Crore) operating in Pharmaceuticals sector.
Brooks Laboratories Ltd. key Products/Revenue Segments include Drugs, Export Incentives, Other Operating Revenue for the year ending 31-Mar-2024.
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 20.99 Crore, up 16.60 % from last quarter Total Income of Rs 18.00 Crore and down 14.00 % from last year same quarter Total Income of Rs 24.41 Crore. Company has reported net profit after tax of Rs .96 Crore in latest quarter.