SRF moving out of consolidation SRF is moving out of 3 year long consolidation with volume and strong RSI.
Bullish Flag structure, signalling continuing bullish rally ahead.
Wave Analysis
BTC#8: Read BTC price line and trading plan
💎 💎 💎 Did you make a profit in the previous post #7? Like and follow the channel to follow the earliest trading plan. 💎 💎 💎
🔥 Let's plan for the next BINANCE:BTCUSD BINANCE:BTCUSDT 🔥
1️⃣ **Fundamental analysis:**
📊The Federal Reserve keeps interest rates unchanged
🚀Today is the expiration date of BTC futures
📌 US Senator Cynthia Lummis: will hold a public hearing on strategic Bitcoin reserves. This is important information. If BTC is accepted as a reserve asset. The cash flow into BTC will be huge in the near future.
2️⃣ **Technical analysis:**
🔹 **Frame D**: Once again, the price reacted in the 106xxx area. This test gives a weaker price reaction than the previous one.
🔹 **H4 frame**: The price has not surpassed 107xxx so it is not certain that BTC will break the peak.
🔹 **H1 frame**: The short-term price structure is still increasing. It is highly likely that the price will find the support zone below.
3️⃣ **Trading plan:**
⛔The price line has not completely escaped the SW zone, so if you participate in trading in this area, you must stick to the price structure.
✅ In my personal opinion, BTC will likely have another correction before it can break through the old peak. For the time being, we will wait for the price reaction at important support zones.
💪 **Wish you successful trading!**
📌 For any questions, please contact us directly. I am ready to answer you for free
Technical Analysis Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
What exactly are the two types of technical analysis? Chart patterns and technical (statistical) indicators are the two main types of technical analysis. Chart patterns are a subjective type of technical analysis in which technicians use certain patterns to indicate regions of support and resistance on a chart.
3 Price action pattern for swing trading I daily make educational content videos for swing / positional trading
Option Trading with Option chainOption chains provide specific data related to options contracts, including strike prices, expiration dates, implied volatility, and open interest. Traders use this data to construct options strategies, manage risk, and profit from price movements in the underlying asset.
Top options trading strategies
Covered call. A covered call is a popular options strategy where you own a stock and simultaneously sell a call option on the same stock. ...
Married put. ...
Bull call spread. ...
Bear put spread. ...
Protective collar. ...
Long straddle. ...
Long strangle. ...
Long call butterfly spread.
Data TradingMarket data is a broad category of information about the financial markets, consisting of essential details like price, bid/ask quotes, trading volume, trading period (high, low, open, or closed), etc.
Options trading is a type of financial trading that allows investors to buy or sell the right to purchase or sell an underlying asset at a fixed price, at a future date. Options trading operates on the basis that the buyer has the option to exercise the contract but is not under any obligation to do so.
PCR / Put Call RatioA PCR greater than 1 indicates that more put options are being traded than call options, suggesting a bearish market sentiment. Investors may expect a market decline or hedge against potential losses.
PCR ratio = 1500/2000. = 0.75. Points to be noted: A PCR value below 1 is indicative of the fact that more Call options are being purchased relative to the Put options which signals that investors are anticipating a bullish outlook for the markets ahead.
Contrarian indicator: Can signal potential market reversals with extreme values of the put/call ratio. An example of this is a put/call ratio of 2.5. This can suggest a very bearish sentiment while a put/call ratio such as 0.25, could indicate an extreme bullish sentiment.
Support and Resistance 'Support' and 'resistance' are terms for two respective levels on a price chart that appear to limit the market's range of movement. The support level is where the price regularly stops falling and bounces back up, while the resistance level is where the price normally stops rising and dips back down.
The basic strategy is to buy at the support level and sell at the resistance level, recognizing that these are zones of potential demand and supply changes. How does resistance work?
BANKNIFTY DECODING 30/01/25 BIG OPPORTUNITYToday’s Update:
The market dropped by 300 points today. Tomorrow, we plan to focus on short trades. Even if the market goes up a bit, avoid taking long positions and look for opportunities to sell.
Plan for Tomorrow:
Stick to short trades to make the most out of the market’s decline.
Don’t get tempted to go long, even if the market shows a small rise.
Why this approach?
The global markets are still in a selloff, which means the trend is likely to stay down for now. It’s better to focus on the downside for better returns.
FIND ONLY SHORT TRADE.
Advanced Database TradingOptions trading is a type of financial trading that allows investors to buy or sell the right to purchase or sell an underlying asset at a fixed price, at a future date. Options trading operates on the basis that the buyer has the option to exercise the contract but is not under any obligation to do so.
Option trading is largely a skill requiring knowledge of market trends, strategies, and risk management techniques. While there is an element of uncertainty in the markets, successful traders rely on analysis, planning, and discipline rather than luck.18 Dec 2024
PCR TradingThe Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment.
Let's delve into the concept of put/call ratio, which is derived by dividing the put trading volume by the call trading volume. A put/call ratio of 0.74 indicates that for every 100 calls purchased, 74 puts were also acquired.
Roadmap for a TraderA trading roadmap is essentially a strategic plan that guides your trading decisions. It encompasses your goals, risk management strategies, analysis methods, and decision-making processes. Think of it as a personalized guide that helps you make informed choices in the dynamic world of trading.
By recognising specific patterns like the Cup and Handle or Double Bottom, traders can identify moments when the market is likely to make a significant move. These patterns signal potential price swings, providing traders with a roadmap for entering positions at the optimal time.
Colpal - Weekly EW Analysis - Long Set-upWe are completing some form of correction in a triangle - assuming it to be an ED.
Play for 10% and then trail - could give big returns.
MRF - Weekly EW Analysis - Long Set-up5 Wave down in C of 4 seems done.
If not entire 4, maybe a larger W down in 4 done and a larger X to unfold.
Can play for 1,30,000 in X and ATH in 5.
Sarda Energy - Weekly EW Analysis - Long Set-upWave 4 seems over. Play for another 50% in 5 of of 3.
This is just larger wave 3. So long way to go for investors.
MAZDOCK - Ready for the next moveThe stock has been a market favorite. Technically it has cooled down owing to the Wave analysis which every stock goes through. Overall the Stock is in Stage 2. The stock is now gearing up to give Range Breakout.
On the Fundamental side:
- Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 24.14%
- Healthy long term growth as Net Sales has grown by an annual rate of 24.97% and Operating profit at 94.40%
- Company has a low Debt to Equity ratio (avg) at 0 times
- The company has declared Positive results for the last 8 consecutive quarters
- NET SALES(9M) At Rs 8,217.50 cr has Grown at 35.18 %
- ROCE(HY) Highest at 44.63 %
- INVENTORY TURNOVER RATIO(HY) Highest at 2.19 times
- Increasing Participation by Institutional Investors. Institutional investors have increased their stake by 0.56% over the previous quarter and collectively hold 3.02% of the company.
Buy the bad newsTata Motors CMP 701
Elliott- the C which is the most devastating has five waves. I have divided the same into 5 waves.
Fibs- the stock is also down to fib confluence. Hence it is at a good support.
Conclusion - stocks top and bottom on the day of some significant news in the counter. With todays bad quarterly results, in my view the bottom is made. Its a very very good buy here in my view.
#Nifty directions and levels for January 30th:Good Morning, Friends! 🌞
Here are the market directions and levels for January 30th:
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 with a neutral to slight gap-down due to the Nifty indicating a negative sign of -4 points.
In the previous session, both Nifty and Bank Nifty maintained a bullish bias, but there haven't been any new developments. If the market starts to pull back, we can expect further continuation with some consolidation. Conversely, if it begins to decline, we might see a range-bound market within the previous day's range. Structurally, a correction appears to have a low probability; however, if it breaks the major zone, we could consider that a correction. Let’s look at the charts.
Nifty Current View
The current view suggests that if the market starts with a pullback, it could reach the 78% mark, which is a key Fibonacci level for predicting market direction. Today, if the market breaks above 78%, we can expect further continuation of the rally with some consolidation. Conversely, if the market gets rejected at this level, we can anticipate a minor correction of 23% to 38% in the current minor swing.
Alternate View
The alternate view indicates that if the market starts to decline, it could consolidate between the previous high and the 38% Fibonacci level. A correction is expected only if it breaks the 38% level. If that happens, we can anticipate a correction of at least 50% to 78% in the current swing. Until the 38% level is broken, the market bias could remain moderately bullish.
Title: Nifty 50: Downtrend Persists, But a Reversal PossibleNifty 50 has dropped 12% from its all-time high, causing fear in the market. However, a Wolfe Wave pattern suggests a possible bounce. After peaking at 22,277 on September 27, 2024, Nifty has been falling, with a brief rise on November 21, 2024, before hitting a new low of 22,786 on January 27, 2025. The short-term correction seems over, and an upside move toward 24,900–25,000 is likely, though risks remain—stop-loss is essential.
Disclaimer: This is for information only, not financial advice. Do your research before investing.
#Banknifty directions and levels for January 30th:Bank Nifty Current View
The current view for Bank Nifty is similar to that of Nifty. If the market pulls back, it could reach a minimum of 49,381 to 49,400, which is a rejection zone. If it consolidates or breaks this level, we can expect further continuation. On the other hand, if it gets rejected sharply there, we can expect a correction of at least 50% to 78% in the current swing.
>For reversal confirmation, we can use the EMA20 on the 15-minute chart. In a directional market, this indicator works well, but if the market starts to grind, it may show some false signals.
Alternate View
The alternate view suggests that if the market starts to decline, it could reach a minimum of 48,850 when it breaks the 38% mark. If this happens, the demand zone will act as strong support, and structurally, we can expect a pullback here. However, we should note that if the market reaches this level in a straight line or consolidates without any pullback, the probability of further downside increases.
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XAU#9: FED keeps interest rates unchanged. Information supportin💎 💎 💎 The previous plan helps you make a profit. Please like and follow the channel to follow the earliest trading plan 💎 💎 💎
🔥So Gold has returned to the support zone of 2745 and reacted strongly as the previous plan. Here's our next trading plan 🔥
1️⃣ **Fundamental analysis:**
📊 🔴Market speculation that US may impose import tariffs on gold
London gold market participants are racing to borrow central bank gold stored in London as gold deliveries to the US surge on speculation that the US may impose import tariffs
🚀 🔴Fed keeps rates unchanged, drops mention of inflation "progress" in policy statement
2️⃣ **Technical analysis:**
🔹 **D frame:** yesterday closed as a Hanging Man candle. However, the price action after this candle still needs market confirmation in today's trading session
🔹 **H4 frame:** The support zone of 2745 is playing an important role. The price is still in an upward structure.
🔹 **H1 frame:** The trendline zone that matches the support of 2745 is showing a strong reaction after the interest rate announcement. If the price can break through the resistance zone above, Gold will have enough momentum to break through the old peak
3️⃣ **Trading plan:**
⛔ In the current area, it will be risky if we take a SELL position here. Although it is also a resistance zone, H4 has a hugging candlestick pattern with an increasing structure. If H4 closes at 2752, we will consider this option later
✅If anyone has an order in the 2745 area, Congratulations!!! You can wait for a higher profit. If not, you can choose to react to test the trendline again on the H1 frame for confirmation. We will wait for a price structure on a small time frame like m15 to establish a position.
💪🚀 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer for you for free
#trading #trade #xauusd #newtrader #newbie #xau #forex #tradingview #plants #trader #tradingforex
Buying opportunity in PRESTIGE ESTATE LTDPRESTIGE ESTATE LTD is in Double Correction.
The maximum target for wave (Y) of double correction is 161.8% extension.
We can see that price is near 161.8% so here we can buy this stock with stoploss below 1185.
The target will be minimum 38.2% retracement of entire move i.e. 1528
This analysis is based on Elliott Wave theory and Fibonacci.
This analysis is for educational purpose only.
