Midcap nifty good rising pattern till 14000Midcap nifty select is trading in good rising channel. Recently took strong support at 12600 levels. Ones it breaks and close above 13k it can rise another 1000 point easily. Keep in radar for positional view till Nov Dec 2024.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Wave Analysis
"Gold's Danger Zones: Are You Prepared for the Next Move?"Gold Trading Analysis: Key Levels for Your Strategy
In this analysis, we focus on two critical levels for gold trading: 2665.624 and 2670.240. These levels are your danger zones, and you should only use them on the 15-minute timeframe.
Here’s how to approach it:
1. Breakout and Retest: Whenever you see a breakout at these levels on the 15-minute chart, wait for a retest before entering. This increases your chances of a successful trade.
2. Set Your Targets: After entry, aim for the next level as your profit target and enjoy the gains!
3. Avoid Large Candle Breakouts: If there’s a breakout with a large candle on the 15-minute timeframe, exercise caution. Such breakouts can lead to bigger stop-losses, increasing the risk of getting stopped out.
Your feedback is crucial! If you find my analysis helpful and are making profits by following these levels, please comment and let me know. Your support motivates me to provide more insights, so share how much profit you’ve made using these strategies!
Nifty50 Index: Analysis of Potential Next LevelsIf you closely observe the daily chart for the Nifty50 Index, you’ll notice that Nifty is currently at a long-term support level. Considering the selling pressure and the recent closing candle at this support, Nifty appears set to complete its corrective move towards the 25,400-25,500 range. Following this, there is a possibility that Nifty may fall below 25,000, reaching the next support level around 24,400, which aligns with the lower boundary of a larger channel.
This movement aligns with a historical pattern where, at the end of each year, particularly during October-November, the market tends to correct significantly before rallying by 10-15% until February-March.
Another factor influencing this scenario is the expected year-end behavior of Foreign Institutional Investors (FIIs). Historically, FIIs book profits and take extended vacations around Christmas. For this reason, they tend to seek better price points to invest significant sums before the year-end, and a market correction provides the opportunity to buy at more favorable levels.
Your thoughts and feedback are welcome, as they will help me improve my analysis. Thank you, and let's stay prepared for what lies ahead!
Ethereum Live Selling Trade!
Price: ETH is currently trading at $2,472.52, up by 1.35%.
Resistance: The nearest resistance level seems to be around $2,480, which could act as a key area to watch for potential rejection.
Support Levels: Strong support levels at $2,458, $2,438, and further down at $2,421.
Trend: The recent sharp upward movement indicates a bullish trend. However, if ETH fails to break above $2,480 convincingly, there could be a pullback toward the support levels.
This would be a good moment to either wait for confirmation of a breakout above resistance for buying or consider shorting if price reverses. What are your next plans for this trade?
Intouch Holdings PCL, Pole Target Reached, Achieved Profit +36%In Intouch Holdings PCLA, Channel Pattern formed over Two years, but the Target was Achieved within Two Months. Achieved a +36% PROFIT.
I want to help People to Make Profit all over the "World".
Metropolis Healthcare for 140%+ gainsDate: 12 Oct’24
Symbol: Metropolis
Timeframe: Weekly
Metropolis Healthcare seems to be in Wave 3 in larger timeframe which is heading towards its all time high (ATH) of 3575 (~57% from current price of 2275) as seen in the chart. Wave 4 is likely to come down to around 2700 levels and in Wave 5, it could target 5500-6000 (140%+ from current price). A good year ahead likely for this diagnostic company.
Interestingly, the waves could also coincide with a Cup & Handle pattern formation as seen in the chart. Please note this is a long shot so take it with a pinch of salt. However, one can be confident to enter until the ATH (whatever route the price movement takes).
This is not a trade recommendation. Please do your own analysis. And I’ve the right to be wrong.
Aisa lagta hai ki Metropolis Healthcare badi samay seema mein Wave 3 mein hai, jo 3575 ke apane sarvakaalik uchch (ATH) (2275 ki vartamaan keemat se ~57% high) ki or badh raha hai, jaisa ki chart mein dekha gaya hai. Wave 4 ke 2700 ke star tak neeche aane ki sambhaavana hai aur Wave 5 mein, yeh 5500-6000 (maujooda keemat se 140%+) ka lakshya rakh sakta hai. Is diagnostic company ke lie aane vaala saal achchha rahane kee sambhaavana hai.
Dilchasp baat yah hai ki Waves Cup aur Handle ke gathan ke saath bhee mel kha sakti hain jaisa ki chart mein dekha gaya hai. Kripya dhyaan den ki yah ek lamba shot hai isliye ise thodi satarkta se trade karein. Haalaanki, koi bhi ATH (keematon mein utaar-chadhaav chaahe jo bhee raasta apanae) tak pravesh karne ke lie aashvast ho sakta hai.
Yeh koi trade karne ki salah nahin hai. Kripya apna vishleshan swayam karen. Aur mujhe galat hone ka adhikaar hai.
BTCUSD Key Resistance Zone: The chart highlights a strong resistance around 62,811 - 62,838 USDT, where price is expected to struggle to break higher. This area is a potential zone to look for sell setups if price retests it.
Support Zone: The green highlighted area around 60,000 USDT acts as a crucial support zone. The price is consolidating within this area, and the next move depends on whether it breaks below or holds above this support.
Bearish Scenario: If the price breaks below the support zone (around 60,000 USDT), the next target would be around 53,924 - 53,821 USDT (marked in red), a lower support area.
Bullish Retest: In case the price moves up and retests the resistance at 62,838 USDT, this could provide an opportunity for a sell-off, anticipating a reversal back down towards the lower support.
This chart shows a neutral consolidation with potential for either a breakout to the downside or a bearish retest of resistance.
BITCOIN ROAD-MAP Hello Traders ,
I am showing you my analysis for BITCOIN Downtrend Road-MAp for 53k -42K if price hold below 65500. Let's nJoy.
Strong breakout in HCL TechAs per harmonic pattern, AB=CD gives upside confirmation by breaking B point.
As per price action pattern, there is a pennant breakout.
Here we have DOUBLE confirmation, so we can try long position with immediate target of 1900.
This is for educational purposes only.
FALLING WEDGE ( NATURAL GAS)
Ah, the world of technical analysis. A falling wedge often signifies a bullish reversal, usually forming after an extended downtrend. When you spot this pattern, it might suggest a potential breakout to the upside. Pretty neat, huh? What got you into chart patterns?
HAH waitLazy write
A Repository pattern is a design pattern that mediates data from and to the Domain and Data Access Layers ( like Entity Framework Core / Dapper). Repositories are classes that hide the logics required to store or retreive data. Thus, our application will not care about what kind of ORM we are using, as everything related to the ORM is handled within a repository layer. This allows you to have a cleaner seperation of concerns. Repository pattern is one of the heavily used Design Patterns to build cleaner solutions
Tesla buy near 205-200 If Tump Win then 1000+ in next 4 years 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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
LTIM Go long in this one. a nice running flat forming after completion of contracting flag in major time frame.
Kopran Basic Demand Supply in Price Action with Waves.Kopran if we observe price action we can see basic demand supply theory on charts
In Feb 2024 it reached 292 levels & with good supply it pull backed towards 200 levels in march.
Again in April it tried to reclaim 292 levels but with more supply it rolled back to 200 levels.
In Aug 2024 it managed to absorb all supply & trade above 292 levels then every pull back towards 292 became demand zone it happened in 1st week of Sept now we are at same pattern in first week of Oct.
Its looks like Wave 4 pullback which is 50% retracement of wave 3 rise so idealy wave 5 can take price 400 levels confirmation will be trade above 310.
ETH will significantly outperform BTC through 2025ETH/BTC is at a crucial inflection point and may be about to reverse, giving ETH an opportunity to outperform BTC significantly from now through end 2025.
Points to support this argument from the weekly ETH/BTC Chart:
1. Support line since Jan 2020 is being tested (pink). If this holds, a bounce and reversal is possible
2. The impulse wave that started in Jan 2020 topped in December 2021 (orange 1 on chart) and has been in a correction Wave 2 since then. This Wave 2 has been a clean ABC correction (end points labeled in blue).
3. The Wave 2 pullback is currently between the 0.618 and 0.786 Fib level and this may be a confluence with the Support Line since Jan 2020 (see point 1), offering a confirmation of a reversal
4. It is way below the 200 DMA (yellow line) and the 200 WMA (orange line) and reversion to mean may be next
Taken together, these build a solid case for a reversal of the ETH/BTC trend. If this reversal occurs, completing Wave 3 means ETH will significantly outperform BTC through end of 2025. Only if this pink support line since Jan 2020 is converted to support first. Interesting times.
Banknifty if 51750 not break fall will continue 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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Nifty still no buy signal on harmonic pattern so fresh low makeDisclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas again at resistance area avoid any buy trade 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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude went up for war and China stimulus but avoid buying at cmpDisclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver up on hope for war and China stimulus but avoid buying Silver price went up on hope buying that Israel -Iran war will start from this weekend and China stimulus on Saturday but Avoid any buying at current price
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver went on hope for Israel -Iran war and China stimulusSilver price went up on hope buying that Israel -Iran war will start from this weekend and China stimulus on Saturday but Avoid any buying at current price
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold went up on hope for Israel -Iran war but avoid buying atcmpGold price went up on hope buying that Israel -Iran war will start from this weekend
Avoid any buying at current price
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold up because of hope for Israel -Iran war buy avoid buying Gold wend up on hope buying that Israel -Iran war will start this weekend but xhart still showing very less volume so avoid any fresh buy trade on gold at current price if comes down to 2590-2585 then we can buy few quantity
