Wave Analysis
BANK NIFTY INTRADAY LEVELS FOR 12/12/2024BUY ABOVE - 53670
SL - 53350
TARGETS - 53890,54150,54400
SELL BELOW - 53350
SL - 53670
TARGETS - 53170,52970,52800
NO TRADE ZONE - 53350 to 53670
Previous Day High - 53670
Previous Day Low - 53350
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.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 12/12/2024BUY ABOVE - 24700
SL - 24570
TARGETS - 24760,24860,24950
SELL BELOW - 24570
SL - 24700
TARGETS - 24500,24420,24340
NO TRADE ZONE - 24570 to 24700
Previous Day High - 24700
Previous Day Low - 24570
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.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
2 Breakout Swing Trading Ideas for 12 December MarketsI daily make educational content videos for swing / positional trading
11thdecember intraday lupinlupin has clearly shown a trendline breakout, we entered for swing but today it is looking good for intraday as it is holding 2142 on charts. many times it rejected 2140 which is a point of weekly breakout. since it is holding today, buy here with sl 2118 for tgt 2166-2180-2200 plus. we are holding in swing but today it is for intraday. buy here in zone 2145-2148 sl 2118
NIFTY50: INSTITUTIONAL LEVELS FOR 11/12/2024Overview
This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets.
Key Strategy Guidelines
Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning.
Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions.
ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk.
System Explanation
This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach.
How It Works: Entry/Exit Signals
Blue Line : Signals potential long entry.
Red Line : Indicates potential short entry.
Tip : Align these signals with additional confirmations from your trading strategy for optimal performance.
Stop Loss and Take Profit Levels
Stop Loss:
Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line.
Short Trades : Use the blue line above as the stop loss.
Take Profit:
Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit.
Short Entries :Target the next blue line below following similar guidelines.
Timeframe Recommendation
This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision.
Risk Disclaimer
Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance.
Join the Community Discussion
Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders.
Original Content
This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
Nifty Next Move Decoded 11 December 2024Yesterday's Swing High will be taken and fall back to 24500 levels. Find only short setup. No longs all longs are going to be trapped.
Observe chart carefully and enter in 15 min timeframe today we will capture 200 points in nifty. Market might close again neutral so we wont carryforward our position. both side momentum will be there but our plan is only sell.
swing candidate CFF FLUID CONTROLCFF FLUID CONTROL LTD was established to provide cutting-edge technology and engineering solutions for the defence industry in India. Immediately after inception, a TOT agreement with Coyard SAS France led to the introduction of new-age fluid control and other mechanical equipment on the under-construction Submarine program of the Indian Navy.
Subsequently, under a framework agreement with the collaborator and Designer of the Submarine and various partners from around the world, we are able to provide technological solutions ranging from mechanical to electronics power and communication, locally under Make in India
From In House Design, Manufacturing, Overhaul, Repair, and Lifecycle Support, CFF is present in every phase of the deployment of the defence platform.
From being the first to indigenize equipment of Submarines to designing and constructing equipment for the stealthiest ships ever built in the country CFF has been in the forefront of the Make In India Movement.
Trident !! Can be a Multibagger StockHow's the josh Traders ??
Trident price is in range and not breaking out its Up level, But as per Elliot waves, this stock is Completed its wave 2 correction.
We can clearly see Trident Price has been took support near 0.618% of wave 1 Fibonacci Levels, So 0.618% assumes that Wave 2 correction is over and new impulse Wave 3 is about to begin.
So i am betting on Trident.
BUY TRIDENT
TARGET 1 : 130
TARGET 2 : 200
NOTE : This is for educational Purpose please take trade Referring to your financial advisor.
HAVE A GOOD DAY TRADERS
#Banknifty directions and levels for December 11th.Bank Nifty Current View:
The current view for Bank Nifty indicates that if the market initially declines, it could reach a minimum of 53370 to the minor demand zone. After that, if it consolidates or breaks this level, then the correction will likely continue.
Alternate View:
The alternate view is similar to the Nifty sentiment. If the market initially pulls back and breaks the channel to the upside, it could reach 53747 and the minor supply zone. Both are major resistance levels, so if the market sustains or breaks this level, we can expect further pullback continuation. Conversely, if it rejects at these levels, the rally will likely continue.
#Nifty directions and levels for December 11th.Good morning, friends! 🌞 Here are the market directions and levels for December 11th.
Market Overview:
There have been no significant changes in the global and local markets, and both are maintaining a bullish sentiment. Today, the market may open with a neutral to slightly gap-down start, as the Gift Nifty is showing a negative 10 points at 8:00 AM.
In the previous session, both Nifty and Bank Nifty maintained a range-bound structure, and we are still in a range-bound market. Until we break this range, we can't expect any directional movement; this is the basic structure.
So, what about today? If the channel breaks either to the upside or downside, we can set our targets near the support and resistance levels. explain this in the chart.
Nifty Current View:
The current view indicates that if the market initially declines, it could reach the channel bottom. After that, if the channel breaks to the downside, you can expect the next targets to be between 24416 and the minor demand zone. Here, the minor demand zone will act as strong support.
Alternate View:
The alternate view suggests that if the market initially pulls back and breaks the channel to the upside, it could reach 24725 and 24780. The level of 24780 represents the 78% retracement in the minor swing, and usually, the range-bound market respects this level as resistance.
ZYDUSLIFE - Investment Opportunity between 850-950CMP: 974
Please note that price is in support zone, so volatility is expected.. So, please dont consider this view for trading F&O
Primary and Internal wave counts are marked in the chart on daily and weekly TF.
Price is still in primary 3rd wave and the iv of 3 is in progress now. Price has bounced from 933, which meets the 38% retracement criteria for 4th wave.
But, the down-move looks incomplete (on counts), moreover, it is one way decline..
My view is that price could make one low to take support at that breakout zone , also the 50% retracement level at 820 as explained herein.
850-950 looks to be the accumulation zone for positional investment and the v of 3 could end anywhere above 1400
Long term view:
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
A good place to exitMetropolis CMP 2220
FIBS- the stock has halted at 50% of its fall. The trend is still weak if it is unable to move above this zone.
RSI - the oscillator in the bear zone is telling me to be cautious.
Elliott- the rally is corrective in nature. So i know not to trust it.
Conclusion- this is a best exit in my view.
the correction is not overCOLPAL - CMP 2849
Elliott- the rally in this counter is corrective in nature. Hence the rally has to be sold into. The last leg of the correction the C wave should go to 3260 and 3400. So definitely a trading opportunity.
Oscillators- the fast move in oscillators is telling me this is corrective.
Conclusion - the down trend is not over hence the rally has to be sold into.
Banknifty will give upside breakout 1-2 days buy on dip 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 23.6% )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
Yesterday we get good profit on sell ,24730 breakout buy dipDisclaimer -
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 23.6% )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
Copper again bounce from support 825 until 820 not break buy dipDisclaimer -
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 23.6% )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
Natural gas again at resistance area until 270 not break sell 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 23.6% )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 again at resistance area fall will come support buy alsoDisclaimer -
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 23.6% )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 holding buy from 94800 , buy on dip yesterday low SL 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 23.6% )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 holding buy from 31.75 , Target 32.30 ,32.80-32.90Disclaimer -
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 23.6% )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
