crude oiltrump, will try to stabiles the crude around 60-65. and as chart pattern their is a massive resistance up side and a small head and shoulder is formed. lets see where it goes.
Wave Analysis
BTC#14: Bitcoin Is Resurgent? Bulls Are Back or Just a Scam?💎 💎 💎 As analyzed in the previous article, BTC tested the trendline and then turned down. However, the price did not fall too much and we saw a recovery. Let's plan BINANCE:BTCUSDT the next trade 💎 💎 💎
1️⃣ **Fundamental analysis:**
📊 The US dollar index DXY is up more than 0.50% on the day and is currently at 108.40; US regulators are piloting tokenization, using stablecoins as collateral.
🔹The Texas Bitcoin Reserve Act has been submitted to the Senate Finance Committee for consideration;
🔹US Senator from Florida proposes Bitcoin investment bill.
🔹 New bill in Montana, USA allows investment of up to $50 million in Bitcoin;
🚀 Standard Chartered Bank: Bitcoin expected to break record high as US Treasury market environment is favorable for digital assets.
📌 Overall policy implications for Bitcoin have restored optimism to the market.
2️⃣ **Technical analysis:**
🔹 **D Frame**: A green pinbar appeared at the end of the week, bringing positive signals to the market. The current price line is also supportive as the price breaks above the candle wick top.
🔹 **H4 frame**: Although the downtrend has not been broken, the 96K area is still acting as an important support zone. 2 pinbars are a clear sign that we will see a recovery for BINANCE:BTCUSD
🔹 **H1 frame**: The temporary downtrend price structure has been broken. However, the resistance zone of 98k - 100k is also very close.
3️⃣ **Trading plan:*
⛔ The current SW zone has been maintained for quite a long time. We will need to wait for clarity on the price line because the downtrend price structure in the H4 frame has not been broken yet
✅ Currently, looking at the positive price reaction for this area, the market is leaning more towards the bulls. However, establishing a BUY position at this time is riskier. We can wait for the price structure as on the H1 chart to choose a position.
💪 **Good luck trading!**
Gold will book profit at 85575 bought @84900 ,675 points profit We are holding buy trade on gold at 84900 we will book profit at 85575-600 , 675 points profit, last week we booked 2150 points profit on gold
How to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
WATCH FOR A CHANNEL BREAKOUT1) It has formed a falling channel.
2)The Possiblity of breakout is upside.
3)Look for the Breakout to take Entry.
4)Can expect the targets of 1620 , 1730 in short term (< 3 months)
BTC SHORT 5 Min tIME FRAMEPlanning Btc Short on 5 min time frame
reason to take this trade is very simple - proper inducement and healthy pull back to FVG with aligned IFVG , with 1:2 RR this is my first trade of the day.
Is Tata Motors Ready for a Bullish Reversal?Timeframe: Daily
Tata Motors (NSE) has been in an expanded flat correction pattern for the past 11 months. In this pattern, the highest high (HH) was 1179, and the lowest low (LL) was 683.2. Currently, the price is trading below the 200, 100, and 50 EMA levels, indicating a bearish trend.
In this expanded flat correction:
Wave (A) completed at 855.4,
Wave (B) peaked at 1179,
Sub-wave 4 of Wave (C) touched 786.65,
Sub-wave 5 is now unfolding.
Once Wave 5 is completed, traders can look for buying opportunities with target levels at 799 – 951 – 1050+. First, it’s crucial to identify the end of Wave (C) to confirm the correction’s completion and a bullish reversal.
Projecting ending point of wave (C):
Wave (C) may end at 2.618% of Wave (A) around 628.7.
Wave 5 has multiple potential targets/support levels:
0.618 extension of Wave 1 at 526,
0.382 extension of Wave 1 at 628,
1.618 reverse Fibonacci of Wave 4 at 657,
2.618 reverse Fibonacci of Wave 4 at 562.
We will update further information soon.
Nifty Intraday Levels, 10 feb 2025According to my own analysis, nifty is having a good resistance at 23800 level, it won't go bullish again by the time it doesn't breaks and sustains above 23800.
Immediate support would be at 23400 and then 23220_23180.
Hence, I am not a sebi registered analyst, please do your own analysis before trading. Thankyou😊
Swiggy Technical Analysis 🖐️👉😵#Swiggy is an Indian online food ordering and delivery platform, headquartered in Bangalore. Here's a 📉Chart overview based on available information
Manindra & Mahindra LTD Technical Analysis #Mahindra & Mahindra (M&M) is a prominent Indian multinational corporation, known for its diverse range of products and services.Manufactures and sells a wide range of vehicles including SUVs, pickup trucks, commercial vehicles, and electric vehicles. They are known for their utility vehicles, holding a leadership position in India by revenue market share. Here's an Chart overview based on recent information
Bitcoin sell on rise near 101k to 102k Target 91500,89000How to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Banknifty ready to give sharo fall sell on rise How to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Nifty if break 23350 then positional sell trade open 22890 TargtHow to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Crude buy holding from 6225 , levels on chartHow to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Natural gas 301 Target hit after break 285 buy givenHow to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Silver holding buy from 95200 , last week get 2500 points profitHow to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Gold mcx holding buy from 84900 , 475 points profit running How to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
#Banknifty directions and levels for February 10th:Bank Nifty – Current View
Bank Nifty’s structure is similar to Nifty’s. If the market sees a solid initial decline, we can expect a minimum target of 49,742. After that, if a pullback occurs, we may see a range-bound market. However, if 49,742 breaks, the correction is likely to continue.
Bank Nifty – Alternate View
The alternate view suggests a bullish sentiment. However, initially, we should approach it as a range-bound market. The rally will continue only if the market breaks the previous high.
#Nifty directions and levels for February 10th:Good morning, Friends! 🌞
Here are the market directions and levels for February 10th:
Market Overview
There have been no significant changes in the global markets, which continue to maintain a bullish sentiment, as indicated by the Dow Jones. However, our local market is showing a moderately bullish sentiment.
Today, the market may open neutral to slightly gap-down, as GiftNifty indicates a negative move of 30 points.
The structure of both Nifty and Bank Nifty suggests a range-bound market in both higher and lower time frames. However, most of these range-bound movements are unstructured, so we should approach these charts conservatively. Below, I have shared some usual structures—let's take a look.
Nifty and Bank Nifty structures differ slightly. Nifty indicates a minor correction, whereas Bank Nifty has a bullish structure.
Nifty – Current View
If the market opens with a solid decline, it could reach a minimum of 23,423, which is the pullback zone, with some minor consolidation. The correction is likely to continue only if the market breaks this pullback zone with a solid structure. Otherwise, it could re-enter the range-bound zone.
Nifty – Alternate View
If the market pulls back after a gap-down opening, it could reach the 50%–61% retracement zone. However, we should approach this conservatively, as there are multiple variations.
For example, if the previous correction was the first leg, the current pullback could be the second leg. If the market rejects around the 61% level, then a third corrective leg may follow. This is just one possible scenario, so a conservative approach with breakout entries is better.
BSE Bombay Stock Exchange Technical👉🇮🇳As per recent data on chart of #BSE #BombayStockExchange has shown significant trading volumes, especially in derivatives like options and futures, indicating active technical trading. The Sensex has been noted for setting new records, suggesting bullish trends that technical analysts would interpret through various indicators. but in my view top has been made please find the 📉chart for your reference.
#bseltd ❣️ #renderwithme #stockmarketsindia #ShareMarket #Nifty #Nifty50 #MarketNews
Bitcoin Technical Analysis - Monthly#Elliottwave analysis for #Bitcoin ( CRYPTOCAP:BTC ) provides a framework to understand potential price movements based on past patterns. However, given the #Crypto market's unique characteristics, it should be used in conjunction with other analytical tools. The current analyses suggests optimism for continued growth, but with caution for potential corrections or consolidations before reaching new highs.
Hear is a Char for your reference
Nifty 50 Weekly Chart - Reversal confirmed.As nifty has closes 2 weeks above doji candle. and 2nd week closing is greater than 1st week closing. It's a good sign. Almost a confirmation for price going for next Resistance which is 24050 to 24200.
Will update further on this weeks closing.
And Delhi election results are in favour of Market as BJP wins after 27 years and with mejority.
Keep 24100 as target on Monday. May be a big candle on Day chart will going to formed. Hope for the best.
2025 FEB GOLD WEEKLY2025 FEB GOLD WEEKLY
this is my long term perspective about gold bas on NDS trading strategy. HOpe it help
Commodity analysts who make long-term forecasts believe that the price of gold will generally keep rising in the next few decades as the demand for the precious metal increases.
Hyundai Stock Analysis: Is This the Start of a Powerful Bullish
The Hyundai stock chart is showcasing a textbook Elliott Wave structure, with the corrective (5) wave phase completed and a new impulsive wave emerging. The recent breakout above critical levels hints at a potential rally, but a final confirmation is needed. Let’s dive deeper into the technicals and uncover trading opportunities!
Key Support and Resistance Levels
🔑 Support Zones:
• ₹1,736.25: The key rebound zone where the rally started.
• ₹1,829.80: The breakout level, now acting as support.
🔑 Resistance Zones:
• ₹1,933.85: A strong hurdle where the price faces selling pressure.
• ₹2,050: The next psychological barrier for bulls.
Next Breakout Target 🎯
If the price successfully breaks and sustains above ₹1,933.85 with strong volume, the next target lies at ₹2,050. Traders should keep an eye on consolidation patterns around these levels.
Price Action Analysis 📊
• The stock formed a bullish Engulfing Candlestick at ₹1,829.80, signaling strong buying interest.
• A minor rejection near ₹1,933.85 highlights hesitation but not a reversal.
Indicator Insights 🔍
📈 Moving Averages (MAs):
• Price above the 50-day and 200-day MAs = Bullish Momentum.
📈 Relative Strength Index (RSI):
• RSI at 70 = Slightly overbought; expect minor consolidation or pullbacks.
📈 MACD:
• Positive crossover above zero = Momentum supports the bulls.
📈 Bollinger Bands:
• Price near the upper band = Potential for short-term cooling before further upside.
Volume Analysis 🔦
Volume spikes during the breakout above ₹1,829.80 confirmed strong buying pressure. However, reduced volume near ₹1,933.85 suggests cautious optimism.
Trend & Momentum 📐
The stock is in a clear uptrend, forming higher highs and higher lows. Momentum indicators support further bullish movement.
Trading Opportunities
🎯 Long Opportunity:
• Entry: ₹1,850 on a pullback.
• Stop-Loss: ₹1,800.
• Target 1: ₹1,933.85.
• Target 2: ₹2,050.
🎯 Short Opportunity:
• Entry: ₹1,920 if resistance holds.
• Stop-Loss: ₹1,950.
• Target: ₹1,829.80.
Risk Management Strategy
• Position Sizing: Keep risk under 2% of total capital.
• Risk-Reward Ratio: Maintain a 1:2 ratio for all trades.
Future Projections 🚀
🔹 Bullish Scenario: Breakout above ₹1,933.85 leads to ₹2,050 and beyond.
🔹 Bearish Scenario: A drop below ₹1,829.80 signals a retracement to ₹1,736.25.
Upcoming News & Events 📰
• Earnings Report: Watch for any surprise earnings that could fuel a rally.
• Macro Factors: Monitor sector trends and broader market sentiment.
Disclaimer
This analysis is for educational and informational purposes only. It is not financial advice. Do your research or consult a financial advisor before making any investment decisions. Trading in the stock market involves significant risk.
By Hiren Soni
Trader 📈 | Finance & Global Markets Enthusiast 🌍 | Fund Advisor 💼
Turning insights into growth 🚀
