500 Points NIfty TradeSame chart formed as we analysed in the morning. entry was bit tricky here but good day.
2 weeks continuously win.
See you next week guys.
Wave Analysis
Nifty FutureThis Market has been a Delight for those who understand what the hell is happening. I hear though..... that ALGO users have had their Pants taken off with the volatility. I will TRY and update everyday going forward time permitting. ( My internet went BLANK at 11.30 am and I couldn't update thereafter.) You all have to understand something very simply. I take NO RESPONSIBILITY for any Trades taken and OR any Profits/Losses incurred. What I do whole heartedly take Responsibility for is this. I will to the Best of My Ability without any Remuneration or Obligation from any of You, I will help at all given times. (BTW... my last comment... 24040 NF go short..... it never climbed back . All the Best and God Bless Always
GICRE"📈 GICRE on the Rise! 🚀 A breakout stock making waves in the market. Keep an eye on this one as it sets new benchmarks! 💹 #StockMarket #BreakoutStock #GICRE"
TGT 700 SL 400
Are you LONG on OIL & GAS Sector? BPCL/HP/IOCThe resilient price move on OIL & GAS Stocks on 19th December would have convinced most of us to go long on this counter since it is showing strength in a weak market.
But if you look at the sector on the whole, it hasn't completed the final 5th leg down yet. The chart is self explanatory.
Ideally, the price must break the low at 10340..
Projected targets are marked in black dotted line.. BUT, anything below 10340 can be considered as completion of wave 5..
Truncation is still possible, but very rare.
Experts would say, dont play the 5th wave.. it is risky..
Instead of shorting for the 300-400 points downmove on the index, one can wait for the correction to get over in order to consider any long opportunities on this counter.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
20th december intra day wiproWipro is showing breakout on daily chart of upward slanting trendline
accenture commentary was good which will favour wipro today
buy in zone 312-316
with stop loss of 307
target 318-321-324
#Banknifty directions and levels for December 20th.Good morning, friends! 🌞
Here are the market directions and levels for December 20th.
Market Overview:
Both the global and local markets are maintaining a bearish sentiment. Today, the market may open with a slight gap-down start, as the Nifty is indicating a negative 80 points at 8:00 AM.
In the previous session, both Nifty and Bank Nifty experienced a minor pullback after the long gap-down. Although the structure remains bearish, we can expect a continuation only if it breaks the previous day's low with solid movement. If this happens, we can anticipate a target of 78% in the minor swing.
On the other hand, if the market initially pulls back without breaking yesterday's low, or if it finds support at the immediate support level with gradual movements, then we can expect a pullback of 23% to 38%. This is the basic structure. Otherwise, we can follow the same sentiment that we discussed in the previous session, as nothing has changed.
#Nifty directions and levels for December 20th.Good morning, friends! 🌞
Here are the market directions and levels for December 20th.
Market Overview:
Both the global and local markets are maintaining a bearish sentiment. Today, the market may open with a slight gap-down start, as the Nifty is indicating a negative 80 points at 8:00 AM.
In the previous session, both Nifty and Bank Nifty experienced a minor pullback after the long gap-down. Although the structure remains bearish, we can expect a continuation only if it breaks the previous day's low with solid movement. If this happens, we can anticipate a target of 78% in the minor swing.
On the other hand, if the market initially pulls back without breaking yesterday's low, or if it finds support at the immediate support level with gradual movements, then we can expect a pullback of 23% to 38%. This is the basic structure. Otherwise, we can follow the same sentiment that we discussed in the previous session, as nothing has changed.
EURUSD Next possible move SAXO:EURUSD
Here’s a detailed description for today’s bearish outlook in EUR/USD:
### **Title**
*"EUR/USD Intraday Analysis: Bearish Sentiment Prevails | Dollar Demand Rises"*
#### **Market Context**
*"EUR/USD faces renewed selling pressure as the U.S. dollar strengthens amid risk-off sentiment. Market participants remain cautious ahead of key U.S. economic data releases, further weighing on the pair."*
#### **Technical Analysis**
*"Today's sell view is supported by these bearish signals:
- **Trend Structure**: Continuation of lower highs and lower lows confirms the downtrend.
- **EMA Dynamics**: Price remains below the 20 and 50 EMAs, signaling persistent selling pressure.
- **RSI**: Dropping toward 40, indicating increased bearish momentum.
- **MACD**: Negative histogram bars are expanding, reinforcing downside bias.
Key Levels:
- **Support**: 1.0530 (immediate target), 1.0500 (psychological level).
- **Resistance**: 1.0560 (intraday), 1.0585 (key level). A move above 1.0585 would challenge the bearish outlook."*
#### **News Context**
*"Upcoming: U.S. ISM Services PMI could fuel volatility later today.
Previous: Hawkish Fed commentary and strong U.S. data supported dollar strength, pressuring EUR/USD."*
#### **Call to Action**
*"Will EUR/USD extend its bearish trend and test lower support levels? Share your insights and trade ideas below!"*
---
Let me know if any adjustments are needed!
Chennai Petroleum Corp Ltd Stock | Like a Double BottomChennai Petroleum Stock made Elliot web ABC correction and made correction in 12345 period in C wave correction and it is like double bottom at the bottom. So here today bullish divergence is also formed. So Here We Can make entry and Stop Loss can be 559 and entry 590 and target can be 799.
This Trade only education purpose only.
Nifty no buy signal appear, until 24270 not break sell on rise 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 30 % )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 : 50)
Target 2- (T2 : 65 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude sell on rise until 6050 not break , support 5800Disclaimer -
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 30 % )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 : 50)
Target 2- (T2 : 65 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas near strong resistance area 302-303 avoid any buyDisclaimer -
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 30 % )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 : 50)
Target 2- (T2 : 65 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Ethereum buy above 3711 or buy near 3550Disclaimer -
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 30 % )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 : 50)
Target 2- (T2 : 65 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
BTCUSD yesterday sold at 104k booked at 100k , buy near 99k 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 30 % )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 : 50)
Target 2- (T2 : 65 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Copper 790-787 fall will come then bounce possible avoid buy tilDisclaimer -
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 30 % )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 : 50)
Target 2- (T2 : 65 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver mcx buy fresh above 88000 or buy at 85500Disclaimer -
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 30 % )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 : 50)
Target 2- (T2 : 65 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAGUSD next support 29.55-29.60 then reversal will come 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 30 % )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 : 50)
Target 2- (T2 : 65 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold mcx 75200-75100 fall possible then reversal will come 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 30 % )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 : 50)
Target 2- (T2 : 65 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAUUSD 2575-2570 fall possible then reversal will come 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 30 % )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 : 50)
Target 2- (T2 : 65 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
BSE LONG 16% SWING SETUP 1-3 MONTHSA well explained chart, with Target SL and Reason behind it.
It is in impulsive wave and targets are based on fibonacci levels.
Proper Stop loss of 8% for Risk Management.
Entry Criteria above today's closing or in Demand Zone.
Timeline 1-3 Months
2 Amazing swing trading idea for 20 December MarketsBoth are Breakout trading ideas. One has a nice volume cluster concept along with a nearby hidden line. The other seems like a sleek price action pattern on a weekly time frame but needs closing on Friday. Make your journals for the same, and let's observe the charts tomorrow.
Nifty Hourly Analysis | December Expiry | 24000Nifty has shown a resistance near 50% retracement of all time and swing low 24770.
Looks like wave B has completed.
we will observe the Price tomorrow near 24500 or below Yesterday low. Shorts can be initiated on weakness with Protective SL of 24772 and Target of 24150-24060- 23970 in 1-2 Days.
We can see 24k on this expiry.
HDFC BANK Is near to it's Major support level on 2 Hr TimeframeHDFC BANK Is near to it's Major support level on 2 Hr Timeframe.
If it breaks this level then stock will show bearish movement and it it takes support from this level then it shows upward, bullish movement.
Keep eye on It.
