Gold positional levels , read description to take tradesDisclaimer -
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 %)
Target 5- ( T5 : 100 %)
Target 6- (T6 : 123.6 %)
Target 7- (T7 : 138.2 %)
Target 8- (T8 : 150 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Wave Analysis
Silver levels mentioned on chwrt ready description to take tradeDisclaimer -
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 %)
Target 5- ( T5 : 100 %)
Target 6- (T6 : 123.6 %)
Target 7- (T7 : 138.2 %)
Target 8- (T8 : 150 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver positional levels mentioned on chart read description 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 %)
Target 5- ( T5 : 100 %)
Target 6- (T6 : 123.6 %)
Target 7- (T7 : 138.2 %)
Target 8- (T8 : 150 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
$THE Update – Get Ready for the Next Big Move TSX:THE Update – Get Ready for the Next Big Move 👇
The #THENA Price is currently trading at a strong support zone around $2.90 (highlighted in the green box).
Here's what to watch:
🔻 Downside: If the price breaks below $2.90, we might see a 30%-50% retracement.
🔺 Upside: A breakout above $3.15 could trigger a 50%-100% upward rally.
Tip: Don’t trade blindly—wait for clear confirmations before taking any positions.
Stay tuned for updates.
Today's analysis of goldToday's analysis of gold, focusing on testing the pressure of the 2670-2650 range
Four-hour cycle:
Gold fluctuated and bottomed out, and with the opening of the Asian session, it continued to rise strongly
(1): Pressure of the oscillation center: 2663
(2): Pressure of the 20-day moving average: 2662
Summary: When the K-line stands firm near 2660, it continues to be bullish
Strategy reference:
Buy: 2660
SL: 2650
TP1: 2670
TP2: 2680
TP3: 2700
TP4: 2720
Note/Key test: Pressure of the 2650-2655 range
After intraday cycle analysis, if this wave of rise stands firm at 2660, it is likely to rise to 2700-2720 next
This will most likely be the limit of the current increase expectations. Then the macro short-selling strategy: we set the maximum stop loss near 2720, and the short-selling price range is 2700-2720
If it returns to below 2650, then the gold rise will fail here and turn to shock again.
Then the short-term short-selling strategy:
Strategy reference
SELL: 2655-2660
SL: 2665-2675
TP1: 2630
TP2: 2620
TP3: 2605
TP4: 2600
Note/Key test: Pressure in the 2670-2650 range
Next, we will continue to follow up on the market, and I will feedback the latest signals at the bottom of the article as soon as possible
Thank you for your subscription
BTC on the move? ... Seems soIt seems like BTC will move this time for 100k. A small lot can be bought with a long term view. Even if it falls again there should not be a big loss.
In my opinion, keeping in view the coming election and happenings all around people will find safe heaven and opportunities...
Be humble be patient and be happy 😊
CDSL - Dont be a blind bull
CMP: 1640
TF: Weekly
Observations:
Price is closer to the 1.618% fib extension for the 3rd wave on weekly.
In the subwaves, either it has completed the v or one more high/equal high is possible after a brief correction.. in either case, I think the top is done on CDSL
in shorter TF, Whether it breaks out of the channel and go on to hit the channel top at 1750 levels OR going to come down from the supply zone of 1650-1680 is the thought/question to ponder.. But as you can see, the upside is more or less capped at another 100-200 points (in my opinion)
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
28th november bharti for intradayfor fast 5g roll out capacity bharti has been given a thumbs up by the industry . onchart a substantial correction has been done. for intraday , buy once it crosses 1590 with sl 1560 for targets 1628- 1648. stock is on an uptrend and would like to touch previous breadown zone of 1650
Nifty is Ready to Short for 23000 and BelowHow's the josh Trader??
If you have followed my earlier prediction i was totally Bearish on Nifty since when market was going UP.
Nifty have Fall about 350 points from tomorrows high and Moving towards 0.618 Fibonacci retracement. (Which is 23167)
So, 0.618% will be My entry point to Short Nifty and target would be around 23000, we will be soon towards our target.(TAKING TRADE IN MONTHLY POSITION)
Towards 23000 we may face 2 Supports i.e. 23700-650 & 23350-400 Range.
But this time it will Break and Move towards 23000 and Below.
So,
Sell Nifty @ 24160-180 Range
Stoploss @ 24250
Target @ 23650/23350/23000
NOTE : This is For Educational Purpose , please refer to your Financial Advisor before taking any Trade, I am Taking this Trade because I am Responsible for My P&L.
HAVE A GOOD DAY TRADERS.
#Nifty directions and levels for November 29th.Good morning, friends! 🌞 Here are the market directions and levels for November 29th.
Market Overview:
The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market shows a moderately bearish sentiment. Today, the market may open with a neutral to slightly gap-up start, as the Gifty Nifty indicates a positive 20 points.
In the previous session, the market started with a positive bias, but this did not sustain, and it fell drastically. If we consider yesterday's structure, there is bearish pressure. However, the overall structure suggests that we might see a time adjustment movement, meaning we can expect a minor pullback and some consolidation today. I will explain this in the chart.
Both Nifty and Bank Nifty are showing similar structural sentiment.
Current View:
The current view indicates that if the market starts neutral or if the initial market takes a pullback, we can expect a minimum pullback of 38% to 50%. Structurally, it could reject there. If that happens, we can expect some consolidation between the previous low and the pullback high. This is the basic structure,
> but the notable point is the 38% Fibonacci level. the 38% Fibonacci level is critical because sharp corrections typically struggle to decisively break this level. Therefore, if the market pulls back but then breaks the previous low without breaching the 38% Fibonacci level, the correction is likely to continue, making this a key area to watch.
Alternate View:
The alternate view suggests that if the initial market declines and breaks the previous low, the correction will likely continue to the level of the minor demand zone, which is a support level. However, if it consolidates around there, the correction is likely to continue.
#Banknifty directions and levels for November 29th.Current View:
The current view indicates that if the market starts neutral or if the initial market takes a pullback, we can expect a minimum pullback of 38% to 50%. Structurally, it could reject there. If that happens, we can expect some consolidation between the previous low and the pullback high. This is the basic structure,
> but the notable point is the 38% Fibonacci level. the 38% Fibonacci level is critical because sharp corrections typically struggle to decisively break this level. Therefore, if the market pulls back but then breaks the previous low without breaching the 38% Fibonacci level, the correction is likely to continue, making this a key area to watch.
Alternate View:
The alternate view suggests that if the initial market declines and breaks the previous low, the correction will likely continue to the level of 51,461, which is a support level. However, if it consolidates around there, the correction is likely to continue.
NIFTY INTRADAY LEVELS FOR 29/11/2024BUY ABOVE - 24000
SL - 23890
TARGETS - 24100,24180,24250
SELL BELOW - 23890
SL - 24000
TARGETS - 23780,23690,23600
NO TRADE ZONE - 23890 to 24000
Previous Day High - 24340
Previous Day Low - 23890
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 29/11/2024BUY ABOVE - 57060
SL - 51800
TARGETS - 52270,52450,52600
SELL BELOW - 51800
SL - 52060
TARGETS - 51500,51300,51000
NO TRADE ZONE - 51800 to 52060
Previous Day High - 52800
Previous Day Low - 51800
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANKNIFTY: INSTITUTIONAL LEVELS FOR 29/11/2024Overview
This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets.
Key Strategy Guidelines
Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning.
Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions.
ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk.
System Explanation
This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach.
How It Works: Entry/Exit Signals
Blue Line : Signals potential long entry.
Red Line : Indicates potential short entry.
Tip : Align these signals with additional confirmations from your trading strategy for optimal performance.
Stop Loss and Take Profit Levels
Stop Loss:
Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line.
Short Trades : Use the blue line above as the stop loss.
Take Profit:
Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit.
Short Entries :Target the next blue line below following similar guidelines.
Timeframe Recommendation
This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision.
Risk Disclaimer
Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance.
Join the Community Discussion
Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders.
Original Content
This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NIFTY50: INSTITUTIONAL LEVELS FOR 29/11/2024Overview
This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets.
Key Strategy Guidelines
Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning.
Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions.
ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk.
System Explanation
This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach.
How It Works: Entry/Exit Signals
Blue Line : Signals potential long entry.
Red Line : Indicates potential short entry.
Tip : Align these signals with additional confirmations from your trading strategy for optimal performance.
Stop Loss and Take Profit Levels
Stop Loss:
Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line.
Short Trades : Use the blue line above as the stop loss.
Take Profit:
Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit.
Short Entries :Target the next blue line below following similar guidelines.
Timeframe Recommendation
This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision.
Risk Disclaimer
Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance.
Join the Community Discussion
Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders.
Original Content
This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
Bearish on Copper - Weekly and Daily viewOn Weekly, The price is trading in a channel/range and looks like it is headed towards the bottom of the channel
On daily, price is displaying corrective structure ABC.
My view: Although it looks like taking support at the trendline on daily, it coud potentially break and go down below.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
COCHIN SHIPYARD analysisCOCHIN SHIPYARD is forming wave of Zig-zag pattern.
We can see the previous fall has 5 waves within it forming wave of Zig-zag.
According to the rule, wave will go a minimum 23.6% and a maximum of 50%.
Anyone in the buying side in COCHIN SHIPYARD, should exit at these levels, as the price will fall again to form wave of Zig-zag.
Trend changes above 61.8% level.
This analysis is based on Elliott Wave theory and Fibonacci.
This analysis is for educational purposes only.
This not buying recommendations. Please always do your research before you take any trade.