Gold Short Idea: Triangle Pattern BreakoutGold is forming a triangle pattern, indicating consolidation and a potential breakout. A break below ₹2662 suggests bearish momentum, targeting ₹2626. Use a stop-loss at ₹2680 to manage risk. Watch for a volume spike and RSI below 50 to confirm the breakout. This setup offers a favorable risk-reward for short-sellers
Wave Analysis
Navinfluorine Looks Good!NSE:NAVINFLUOR
The price appears to have found a bottom, signaling a potential reversal as it breaks upward following a phase of consolidation or indecision.
The Diamond Bottom pattern typically forms during a downtrend, where prices initially create higher highs and lower lows, forming a broadening structure.
Over time, the trading range narrows as the highs peak and the lows begin trending upward. A decisive upward breakout from the diamond's boundary confirms the reversal, marking the transition to a new uptrend.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Buying in ITC for small targetThe ITC 75-minute chart forms a Terminal Impulse.
There is a good buying opportunity near the 440 and 445 price zone.
Strict stoploss below wave 2 which is below 432 level.
The target for wave 5 will be 470.
This analysis is based on Elliott Wave theory and Fibonacci.
Please always do your research before you take any action.
For educational purposes only.
Nifty key levels for 10.01.2025Nifty key levels for 10.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Fall will continue in LIC in coming weeks expect below 800 rsFall will continue in LIC in coming and will go below 800 (798-795), we are in the last phase of correction which is wave C of ABC, once this correction is over, LIC will resume uptrend, till then Just watch and wait for the right opportunity .
Disclaimer: I am not SEBI registered member and this Idea is only meant for educational purposes.
Xauusd SMC Levels for 09-01-2025 #Goldsetup #ThezenmasterforexRead chart on 5 min timeframe
Key Areas : 2655 to 2672
Trend: Bullish
Entry 1
Buy level 1 Enter long near the demand zone 2655 or 2660
Stop Loss:
Place the stop loss below demand zone around 2653 and 2658
Take Profit:Place TP around 2665, a RR of around 1:5.
Risk-Reward Ratio:
Risk: Approx 20 pipsReward: Approx 90 pips
Note:
Place trade only if price reacts at obove levels.If price mitigates these levels wait till it reacts
Disclaimer:
This is only for information and Knowledge sake,The trade levels provided are for informational purposes only and should not be considered financial advice. Trading and investing involve significant risk and may result in substantial losses. Always conduct your own research, consult with a licensed financial advisor, and ensure you fully understand the risks before making any trading decisions. Past performance is not indicative of future results.
Can RELIANCE be accumulated at the Current Market Price(CMP) ?Reliance: Bullish Potential Above Monthly Trendline! 🚀
If Reliance closes above the trendline on the monthly timeframe, it signals a strong buying opportunity for accumulation. Watch closely for confirmation!
"Reliance: Technicals Indicate Strength, But Patience is Key!"
"The chart is technically looking good; As one can see price is forming a Ascending channel pattern.
However, it's essential to wait for the monthly candle to close above the trendline before taking action. Patience remains the cornerstone of successful investing and trading. Stay disciplined and wait for confirmation!"
> Premature entries can lead to unnecessary risks.
>Always prioritize confirmation over anticipation
NLC buy above 275 for target of 307 plusLook at the NLC chart, you will see that the downside it will go to 214-210 to complete the C wave in which e-wave will reach 214-210 to complete the triangle. However there are chances of truncation and it might start moving up. The strategy is to let it move conclusively above 275 rs, post which it will reach 307 plus in matter of few days
if you are impatient then you can purchase now, but also consider the downside before taking any decision.
Disclaimer: I am not SEBI registered member and this idea is only for educational purpose, do your own analysis and then take a call.
Copper trying to break support, avoid any buy trade 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 Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking 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 : 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
Banknifty continuesly sell holding from 51650 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 (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking 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 : 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 sell holding from 24060, until 23860 not break sell on risDisclaimer -
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 (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking 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 : 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 stil sell on rise until 331 not break less quantity 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 (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking 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 : 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
Bitcoin exit buy from 101k , then exit from sell trade at 92600Bitcoin we took buy trade from 99k booked with trailing SL at 101k , after that sell active from 100200 , booked at 92600 , .
Now start buying with sl 92300 , upside Target big mentioned on chart
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 (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking 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 : 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
Crude oil holding sell trade from 6365 , Target on chartDisclaimer -
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 (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking 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 : 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 holding buy @90800 yesterday previously book 2000 points 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 (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking 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 : 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 holding buy from 29.95 , upside Target on chart 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 (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking 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 : 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 holding buy from 77500, 78350, 78900,79300 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 (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking 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 : 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
We are holding buy trade from 2645 ,2684 1st Target 2712 ,2760,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 (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking 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 : 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
NZDUSD: The Calm Before a Bearish StormNZDUSD has broken below the 50/20 EMA on the 4-hour timeframe chart. The price experienced a sharp decline, followed by a corrective pause that appears to form an expanded flat correction. Wave (C) completed at 0.5692 . The ATR has decreased to 0.00189 , while the ADX has dropped to 22.87 .
The impulsive move is expected to occur downward. If the price breaks below wave B at 0.55870, it may reverse from the following targeted Fibonacci levels : 0.5555 (1.618) and 0.5470 (2.618).
We will update further information soon.