GBPNZDI will be looking for buys on GN this week.
Technical reasons:
Price has flipped the 4H bearish structure and created a strong impulsive move to the upside. Since then, momentum into the demand zone has been weak, which is exactly what I want to see in a healthy pullback. There’s also liquidity resting above 4H high, which makes a great first target for the next leg up.
This is a high-probability setup, as it aligns with trend continuation.
Also price made accumulation and the demand zone just aligns with 70% pullback.
Let’s see how the market plays out.
Viral
NZDJPY BUYS?As you can see, NJ retraced deeply into the OTS (Optimal Trading Segment) on the daily timeframe. The red line, where the price is currently sitting, can be seen as a daily demand zone.
Looking at the 4H price action, you can observe strong bearish pressure, which is why I need confirmations on a smaller timeframe. What I like is how the price has stopped at this level and is now consolidating, forming new structure points on lower timeframes. The 15-minute structure looks clean to me and Flip happened so I will be looking for buys there.
Blessings, T
KITEX // Levels // 1 W"Welcome to SkyTradingZone "
Hello Everyone 👋
Here are the levels for Kitex Garments (KITEX) based on a 1-week chart:
**Resistance Levels:**
1. 530.50 - 540.50 (previous high)
2. 550.00 - 560.00 (psychological level)
3. 570.00 - 580.00 (resistance zone)
**Support Levels:**
1. 500.50 - 510.50 (previous low)
2. 480.00 - 490.00 (psychological level)
3. 460.00 - 470.00 (support zone)
**Key Levels:**
1. 520.50 - a crucial level to watch for trend continuation or reversal
2. 480.50 - a potential reversal zone
**Notes:**
* Kitex Garments is currently trading around the resistance level of 520.50.
* A break above this level could lead to further upside momentum.
* A break below the support level of 480.50 could lead to a reversal in the trend.
* The levels listed are based on historical data and may not be valid in the future.
Please keep in mind that these levels are not a guarantee of future price movements and are only intended to provide general guidance. It's always important to do your own research and consider multiple factors before making any investment decisions.
Additionally, you can consider the following technical indicators to get a better view of the market:
* RSI: The Relative Strength Index (RSI) is currently around 55, which is in the neutral zone.
* MACD: The Moving Average Convergence Divergence (MACD) is currently in a bullish crossover.
* Bollinger Bands: Kitex Garments is currently trading above the upper band of the Bollinger Bands, indicating high volatility.
Please consult other sources and consider multiple factors before making any investment decisions.
It's also important to note that the company's performance in the textile industry, as well as any changes in its business strategy or partnerships with other companies in the industry, can also impact the stock's price movement. It's always a good idea to stay up-to-date with the latest news and developments before making any investment decisions.
In particular, keep an eye on the company's production capacity, inventory levels, and demand for its products, as well as any changes in global trade policies or regulations that may impact the textile industry.
ZOMATO // Levels // 4 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
Here are the levels for Zomato (ZOMATO) based on a 4-hour chart:
**Resistance Levels:**
1. 125.50 - 126.50 (previous high)
2. 128.00 - 129.00 (psychological level)
3. 130.50 - 131.50 (resistance zone)
**Support Levels:**
1. 122.50 - 123.50 (previous low)
2. 120.00 - 121.00 (psychological level)
3. 118.50 - 119.50 (support zone)
**Key Levels:**
1. 124.00 - a crucial level to watch for trend continuation or reversal
2. 120.50 - a potential reversal zone
**Notes:**
* Zomato is currently trading around the resistance level of 124.50.
* A break above this level could lead to further upside momentum.
* A break below the support level of 120.50 could lead to a reversal in the trend.
* The levels listed are based on historical data and may not be valid in the future.
Please keep in mind that these levels are not a guarantee of future price movements and are only intended to provide general guidance. It's always important to do your own research and consider multiple factors before making any investment decisions.
Additionally, you can consider the following technical indicators to get a better view of the market:
* RSI: The Relative Strength Index (RSI) is currently around 60, which is in the overbought zone.
* MACD: The Moving Average Convergence Divergence (MACD) is currently in a bearish crossover.
* Bollinger Bands: Zomato is currently trading above the upper band of the Bollinger Bands, indicating high volatility.
Please consult other sources and consider multiple factors before making any investment decisions.
It's also important to note that the company's earnings and other fundamental factors can also impact the stock's price movement. It's always a good idea to stay up-to-date with the latest news and developments before making any investment decisions.
In particular, keep an eye on the company's performance in the food delivery and dining-out spaces, as well as any changes in its business strategy or partnerships with other companies in the industry.
Hindustan Unilever
Hindustan Unilever Limited is a British-owned Indian consumer goods company headquartered in Mumbai. It is a subsidiary of the British company Unilever. Its products include foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods.
DLF shortDLF's uptrend movement looks like fading away. In today's trading stock closed below 14 days EMA forming bearish inside candle pattern. MACD is also giving a bearish signal.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit or loss.
CDSL Analysis For Swing TradeCentral Depository Services Limited is a Market Infrastructure Institution (MII), part of the capital market structure, providing services to all market participants - exchanges, clearing corporations, depository participants (DPs), issuers and investors. It is a facilitator for holding of securities in the dematerialised form and an enabler for securities transactions.
GOLD!!!About me:- This is your own scammer demo trader who lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then the ninja dragon's master challenged me to fight him for his time travelling rainbow coloured shining sword & his rented Ferrari, of course after beating him as well I used his travelling sword along with rented ferrari came down here in the modern age of 2020, sold his ferrari and managed to gather some money for this trading.
Disclaimer:- Don't Listen to me, I'm not a financial advisor




















