correction still not overAshok Leyland CMP 233
Fib- the stock made lows at 38.2% with RSI halting above the bull zone. This is very very positive.
Elliott- the current rally is corrective in nature and hence this rally is not to be trusted.
On this correction we will judge its strength and then take a call.
Wave Analysis
Its about to correctApollo Hospital CMP 7182
RSI - negative divergence on the weekly chart is very negative. The stock make new highs with RSI in the bear zone is again negative.
Elliott- the current rally is corrective in nature and should not be trusted.
Conclusion - since the reversal is on the weekly charts the correction should be a decent one.
Tata Communication | Breakouts or Fakeouts ? ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Supports
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✍️COMMENT Below your view !
Copper buy given at 805 made high 824 now sell below 813 onlyDisclaimer -
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 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude buy near support sell near resistance levels 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 (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 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver near resistance on comex sell on rise today 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 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver after break 31.06 gives good upside, now at resistance 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 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold sell on rise sell near resistance levels 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 (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 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold XAUUSD still sell on rise near resistance area 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 (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 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Banknifty chwrt good buy on dip levels 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 (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 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Nifty sell on rise if break yesterday high then buy levels 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 (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 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gift nifty chart showing weakness sell on riseDisclaimer -
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 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bitcoin buy given at 95200 , currently at 101500 levels 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 (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 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
EURUSD Next possible moveSAXO:EURUSD
Here’s a detailed description for today’s bullish view in EUR/USD:
---
### **Title**
*"EUR/USD Intraday Analysis: Buy Entry in Focus | Post-NFP Recovery"*
#### **Market Context**
*"EUR/USD shows signs of recovery after Friday’s NFP-induced sell-off. The pair is holding above critical support levels as buyers step in, expecting potential upside ahead of key economic data releases today."*
#### **Technical Analysis**
*"Today’s buy entry is supported by early bullish signals:
- **Price Action**: The pair is forming higher lows on the H1 chart, indicating initial bullish momentum.
- **EMA Support**: Price is attempting to reclaim the 20 EMA, which could confirm further upside if sustained.
- **RSI**: Rising above 50, signaling strengthening buying interest.
- **MACD**: Positive crossover on the H1 timeframe suggests potential upward movement.
Key Levels:
- **Support**: 1.0500 (psychological level), 1.0480 (intraday).
- **Resistance**: 1.0535 (initial target), 1.0555 (key resistance). A breakout above 1.0555 could open the door to further gains."*
#### **News Context**
*"Upcoming: U.S. ISM Services PMI and Eurozone Sentix Investor Confidence are critical data points today, which could either fuel or limit the upside momentum.
Previous: Friday’s NFP data boosted the USD, but traders now await fresh cues to gauge directional bias."*
#### **Call to Action**
*"Do you expect EUR/USD to sustain its bullish recovery, or will resistance levels cap the upside? Share your analysis and trades below!"*
BANK NIFTY INTRADAY LEVELS FOR 04/12/2024BUY ABOVE - 52800
SL - 52600
TARGETS - 52970,53140,53290
SELL BELOW - 52600
SL - 52800
TARGETS - 52450,52270,52060
NO TRADE ZONE - 52600 to 52800
Previous Day High - 52800
Previous Day Low - 52270
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.
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