Bitcoin positional trade avoid buy until 101000 not break sell Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Wave Analysis
Banknifty sell given 51650 ,sell rise SL 51900 ,50550,50100 tgtDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Nifty yesterday sell given near 23830 until 23860 not break sellDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas sell given near 297, 282 Target hit 276,263 Target Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
#Nifty directions and levels for Friday, December 27th:Good Morning, friends! 🌞
Here are the market directions and levels for Friday, December 27th:
Market Overview
The global market shows a moderately bullish sentiment (based on Dow Jones), but our local market is leaning toward a moderately bearish sentiment. Today, the market may open neutral or slightly gap-up, as the Gift Nifty indicates a 40-point positive start.
In the previous session, Nifty and Bank Nifty moved in different directions; however, by the end of the day, both closed near the middle of their respective ranges. We are still in a range-bound market, and until the range is broken, we cannot expect any significant directional movement.
What about today?
It’s a bit difficult to say because Nifty is showing signs of a pullback move, while Bank Nifty is indicating a downtrend. How can we interpret this? Whenever the market exhibits such conflicting signals, it mostly leans toward consolidation. However, if both indices move in the same direction and a proper signal occurs, we can consider taking a position.
This is the basic structure. Let’s analyze the chart for more insights.
Nifty Current View
The current view suggests that if the gap-up sustains, we can expect a pullback toward 38% on the upside. After that, if rejection occurs at this level, a correction can be expected. On the other hand, if the pullback has a solid structure and is followed by a range breakout (above 38%), the pullback is likely to continue further.
Alternate View: If the market declines after the gap-up, the range-bound scenario will likely persist. In this case, the corrective targets are expected to reach a minimum of 23,609.
#Banknifty directions and levels for Friday, December 27th:Bank Nifty Current View
The Bank Nifty's current view indicates that if the market declines after the gap-up, we can expect the correction to continue, accompanied by some consolidation. The corrective targets are expected to reach a minimum of 50,851, based on the Elliott Wave structure.
Alternate View: If the gap-up sustains, Bank Nifty could rise to a maximum of 51,571, which acts as a major resistance. Here, it is important to note that we are in a corrective wave. Until the previous high is broken, further continuation cannot be expected.
If the previous range breaks, we can anticipate targets around 51,943 to 52,174. Conversely, if the market does not break 51,571, some consolidation before the correction is likely.
Crude swll given near 6050 , Target 5945,5905,5850,5810Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Copper 10 points profit running next Target 812,818 ,823Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver buy recommended from 88100 Target 90300,91500,92700Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAUUSD buy given from 29.35 Target 29.95, 30.11, 30.55, 30.95Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold 950 points profit running next Target 77280,77700Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAUUSD holding buy from 2606 ,trail SL 2617 Target 2655,2671Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
PLAN GOLD 27/12Analysis of the Current Strategy (XAU/USD - Gold)
1. Price Levels:
• Resistance Zones:
• Around 2,649.986 and 2,653.504 (marked in the upper region).
• Support Levels:
• Immediate support near 2,626.863.
• Major support near 2,529.570 - 2,528.831.
2. Mitigation Block:
• A key mitigation block is identified slightly above 2,641.994.
• This suggests a potential supply zone where sellers may become active.
3. Chart Patterns:
• An ascending wedge pattern is forming, which indicates price consolidation and potential exhaustion.
• This pattern suggests that the price may experience a breakout or reversal soon, especially near resistance levels.
4. Volume Profile:
• Significant volume observed near 2,636.006 indicates heavy activity, possibly a key pivot zone.
• Volume decreases in higher price regions, showing reduced participation from buyers as the price approaches resistance.
5. Market Context:
• Bullish Momentum: Current price action indicates a gradual upward movement, retesting higher levels.
• However, resistance around 2,649.986 might act as a cap, leading to a potential pullback.
6. Trade Idea:
• Sell Scenario: Look for rejection signs or bearish candles near 2,649.986 or in the mitigation block. Targets could be around 2,626.863 or lower.
• Buy Scenario: If the price finds strong support near 2,626.863 with volume backing, a rebound towards 2,641.994 or higher could be viable.
7. Key Levels to Watch:
• Entry Zone: Near the mitigation block (2,641.994).
• Stop Loss: Above 2,653.504 for short trades.
• Take Profit: Around 2,626.863 for shorts or 2,649.986 for longs.
EURUSD Next possible move SAXO:EURUSD
Here’s a detailed description for today’s bullish outlook in EUR/USD:
---
### **Title**
*"EUR/USD Intraday Analysis: Bullish Bias Persists | Buyers Remain Active"*
#### **Market Context**
*"EUR/USD sustains its upward trajectory as the U.S. dollar faces selling pressure due to dovish Federal Reserve expectations and stabilizing global risk sentiment. The Euro remains supported by resilient economic data."*
#### **Technical Analysis**
*"Today's buy entry bias is backed by:
- **Trend Structure**: Formation of higher highs and higher lows continues.
- **EMA Dynamics**: The price remains above the 20 and 50 EMAs, confirming sustained bullish momentum.
- **RSI**: Holding above 60, signaling robust buying interest.
- **MACD**: Positive histogram growth reflects strengthening bullish momentum.
Key Levels:
- **Support**: 1.0580 (intraday), 1.0555 (critical level).
- **Resistance**: 1.0625 (immediate target), 1.0650 (key resistance zone). A break above 1.0650 could extend the rally."*
#### **News Context**
*"Upcoming: Key U.S. economic data, including Pending Home Sales, is due later today.
Previous: Eurozone economic indicators have shown resilience, boosting investor confidence in the Euro."*
#### **Call to Action**
*"Will EUR/USD maintain its bullish momentum and challenge higher resistance levels? Share your thoughts and strategies below!"*
---
Let me know if this aligns with your requirements!
S&P completes a counter trend move in three wavesThe S&P 500 closed down last night after what looks like a three-day bounce that ended an a-b-c bounce back. Three waves up after five waves down sets us up for the next five waves down in wave 3. Wave 3 should take us back below the Wave 1 low of 5832
BTC - Up or Down ? Its going up !!!BTC has taken support at lower side of the megaphone, went up in first wave and has come down for second wave and very clearly taking support at Fib level of 61.8 as shown in chart which indicating any time third wave will start which will take BTC to 102. 104 and 108 in the impulsive up move. Movement of BTC is Bullish, movement is slow due to low volume may be due to holiday season. In less than a month with new Govt in US, BTC is positioned to move up and surely not a Sell for sure. weak hands in very very small qty is only seen in volume indicator while moving down. Stay safe in Buy side with enough margins like Mountain strong and new high is coming.
Bitcoin retreats lower
After completing five waves of accelerated rise, Bitcoin is currently entering a correction downward trend. The current price has broken through the rising channel and rebounded at 92,000, which forms a relatively important support level. If the price falls below this support, the next support range may be close to the starting position of the previous rising wave, around 86,000.
After the price rebounded to 100,000 points, it was under pressure and formed a double top structure. This position is also the previous long-short dividing line. Therefore, overall, Bitcoin is still in the five-wave correction stage in the short term. If 100,000 points cannot be broken, the upward pressure still exists. If the price is suppressed at this position, buying operations will not be considered in the short term.
In the short term, the decline of Bitcoin after the surge is in line with the overall bearish trend. Pay attention to the narrow adjustment of the 97,600-99,500 range above. If it rebounds to this area, you can continue to consider shorting. Downward support can focus on the two key points of 94,800 and 92,600.
If you have any different opinions on the market trend, please leave a message and like it. Thank you
DLF - Correction expected in the short termCMP: 865
Price made 5 wave impulse from 744 to 880+ and is showing signs of profit booking.
If this view to play out, we are expecting a dip towards 830 and 800 (50& to 61.8% fib levels respectively).
Remember, this is going to be a ABC corretion, so wait for the A and B to play out for confirmation and then take the C leg down trade..
Or else, wait for the entire correction to get over with and then go for the most rewarding 3rd wave up..
A stock to watch for Jan Series...
Long Side View on VEDANTA Vedanta on a weekly timeframe is in a Parallel Channel.
The stock can be bought positionally at CMP or any dip upto 440 with Stop Loss of 420 on weekly closing basis for Target of 560.
Disclaimer: All information give is for educational purposes. Please consult your financial advisor before investing.
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