Gold buy on dip given yesterday we get huge profit more upside 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
Wave Analysis
Looking for Penny stocks to invest, have a look!! AIRAN LTDA glimpse of our analysis on AIRAN LTD chart on Daily Time frame.
1)We have price reacting to the weekly order block and Fvg and giving a good move upward with good volume indicating Smart money orders coming in.
2)Down charting on 1Day time frame, we were able to spot a Change in market structure. Shift of trend from bearish to bullish.
1WEEK TIME FRAME — BULLISH
1DAY TIMEFRAME — SHIFTED FROM BEARISH TO BULLISH
We are waiting for price to react back from FVG or ORDER BLOCK and ride with the trend targeting T1, T2, T3 and weekly High as the final target.
This is for educational purposes only. Please do your own research before investing.
Looking for Penny stocks to invest, have a look!! AIRAN LTDA glimpse of our analysis on AIRAN LTD chart on Daily Time frame.
1)We have price reacting to the weekly order block and Fvg and giving a good move upward with good volume indicating Smart money orders coming in.
2)Down charting on 1Day time frame, we were able to spot a Change in market structure. Shift of trend from bearish to bullish.
1WEEK TIME FRAME — BULLISH
1DAY TIMEFRAME — SHIFTED FROM BEARISH TO BULLISH
We are waiting for price to react back from FVG or ORDER BLOCK and ride with the trend targeting T1, T2, T3 and weekly High as the final target.
This is for educational purposes only. Please do your own research before investing.
NIFTY INTRADAY LEVELS FOR 10/12/2024BUY ABOVE - 24650
SL - 24570
TARGETS - 24700,24760,24860
SELL BELOW - 24570
SL - 24640
TARGETS - 24500,24420,24340
NO TRADE ZONE - 24570 to 24650
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 👍
BANK NIFTY INTRADAY LEVELS FOR 10/12/2024BUY ABOVE - 53670
SL - 53690
TARGETS - 53890,54150,54400
SELL BELOW - 53390
SL - 53670
TARGETS - 53190,52970,52800
NO TRADE ZONE - 53390 to 53670
Previous Day High - 53890
Previous Day Low - 53390
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 👍
Union Bank Charts: Time to Buy or sell?After closely analyzing the Union Bank chart we have observed that
1) On weekly Tf, Union bank is trading with a bullish bias and currently its trading on a retracement move.
For any buying opportunity we look for any change in Trend on lower Tf usually in 1Day or 4 HR chart.
2) On Daily Tf, Union bank is following the market structure of LH & LL, and looking at the very recent move the trend has been shifted to bullish.
We can see on the chart that the previous LH is getting liquidated & market has formed a ned HH, indicating a switch in Market structure.
We will look for only Buy opportunity when the price comes down to the FVG & OB on the daily tf. Entry on FVG or OB will help us to follow the smart money inflow.
This is for educational purposes only. Please have your own research before investing.
Trend Reversal in Nifty Midcap Index!A change of character (CHoCH 1) can be seen in Nifty Midcap which signals trend reversal from bullish to bearish in 1 day timeframe.
Recently, another CHoCH 2 can be identified which further changes our view form bearish to bullish.
Now, price might come back to grab liquidity to follow it's current trend after ChoCH 2, ie , uptrend.
NOTE - We can be 100% wrong. It's not a buy/sell recommendation, just for educational purpose only!
CAMS - 6000+ on the cards?CMP: 5117
TF: Daily
Waves, Rounding bottom pattern, Wedge breakout retest, everything is pointing a move towards 6000.. Trade wisely
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
ready for targets MONTE CARLOMonte Carlo Fashions Ltd., incorporated in the year 2008, is a Small Cap company (having a market cap of Rs 1,892.11 Crore) operating in Apparels sector.
Monte Carlo Fashions Ltd. key Products/Revenue Segments include Textiles and Other Operating Revenue for the year ending 31-Mar-2024.
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 228.87 Crore, up 71.72 % from last quarter Total Income of Rs 133.28 Crore and up 4.79 % from last year same quarter Total Income of Rs 218.40 Crore. Company has reported net profit after tax of Rs 8.04 Crore in latest quarter.
The company’s top management includes Mr.Jawahar Lal Oswal, Mrs.Monica Oswal, Mr.Rishabh Oswal, Mrs.Ruchika Oswal, Mr.Sandeep Jain, Mr.Dinesh Gogna, Mr.Alok Kumar Misra, Mr.Manikant Prasad Singh, Dr.Manisha Gupta, Mr.Parvinder Singh Pruthi, Dr.Roshan Lal Behl, Dr.Suresh Kumar Singla, Dr.Anchal Kumar Jain, Mr.Bhuwanchandra Balkrishna Joshi, Dr.Yash Paul Sachdeva, Mr.Raj Kapoor Sharma, Mr.Ankur Gauba. Company has Deloitte Haskins & Sells as its auditors. As on 30-09-2024, the company has a total of 2.07 Crore shares outstanding.
Monte Carlo Fashion Share Price Today is Rs. 951.60 as on 09 Dec, 2024, 12:26 PM IST. On previous day, the Monte Carlo Fashion Share Price (NSE) closed at Rs. 929.25, featuring among the most traded securities on the National Stock Exchange.
the rally is overVEDL CMP 490
Fibs- the stock respecting zones taken from top and bottom is telling me its not expanding.
Elliott- the current rally is the 2 nd wave of C and is done. The devastating 3rd wave should begin from here.
Conclusion- beware this stock is now preparing for a big correction.
EXIDED INDUSTRIES (-elliott-wave-theory)We can again see in the stock of a EXIDE industry that the alien wave theory is being formed and here you will see inside the chart that from the price of ₹ 300 to the price of ₹ 400, big players have made activity entry, which is working like an export and here we can see inside the stocks that the N Sled pattern is being formed, we can see where the stocks have made corrections in time along with the price and when such a chart pattern is formed and there is a breakout in it, then we see the stock going up, so here we can get to see very good price projections in the long term and here also we can clearly see the elliott-wave-theoryry being formed, so this can also be a very good example of elliott-wave-theory, you can clearly see it being formed on the chart with time, this is not an investment idea, we are sharing it only for educational purpose that how the technical things work on the chart, but all these things will be possible then When good profits are seen in the balance sheet of the company, the sales of the company increase and the profits increase, then all these things can be seen as possible. The share price does not move only on technical illnesses. The profits of the company should increase, then all these things start appearing in the share price of the company. If you want to invest, take the advice of your financial advisor and invest only after that.
polyplex Corporation (elliott wave theory)In the chart of stocks, you can clearly see that here we are getting volume indication as per Elliot Webb theory and in the long term within two to five years, we can get to see very good price projections in these stocks. All these things will depend on the fundamentals of the company. If there are changes in the fundamentals of the company, then the kind of technical analysis projections we are seeing, we will see all those things happening and a big move of the upward side can be seen in the stocks. We have taken the price projection of the stocks through (elliott wave theory) , whereas when the theory of the aliens is formed, there we get to see volume indication, which tells us that the big players have made their entry at the lower price and then as the fundamentals of the company change, the stock will keep performing in the same way. In this process, sometimes it takes two to five years, but we get to see very good returns. You can also use it for education purpose. If you want to invest then take advice from your financial advisor and only then invest. This is not a recommendation from our side. We are sharing your investment with you only for educational purpose.
ANGELONE - CLEAN BREAKOUT? What's next?A Textbook pattern of Inv H&S shoulder pattern is visible.. Mostly this structure is doing the rounds everywhere and mine is no different..
On the wave counts too, it fulfills are the criterial to have commenced the 5th wave up.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
#Nifty directions and levels for December 9th.Good morning, friends! 🌞 Here are the market directions and levels for December 9th.
Market Overview:
There have been no significant changes in the global and local markets. The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market also exhibits a bullish sentiment. Today, the market may open with a neutral to slightly gap-down start, as the Gift Nifty is showing a negative 30 points at 8:00 AM.
In the previous session, due to the RBI policy, both Nifty and Bank Nifty experienced significant movements but ended with a range-bound structure. What about today? Currently, we are in a range-bound market; therefore, until the range is broken, we cannot expect solid movement. On the other hand, if it breaks either to the upside or downside, we can follow that direction. This is the basic structure; let’s explain this in the chart.
Both Nifty and Bank Nifty have similar sentiments.
Nifty Current View:
According to the Gift Nifty, we can expect a slightly gap-down start, but even if it opens with a gap-down or neutral, it may take an initial pullback. If this happens, then 24,780 will act as a strong resistance. We have already discussed that this is a range market, so if it breaks, we can expect levels between 24,905 and 24,956. On the other hand, if it doesn’t break this level, the range will likely continue.
Alternate View:
The alternate view suggests that if the gap-down sustains, it could reach 24,552, which is a major support level. Until this support is broken, the market will maintain a range. If it breaks this level, we can expect a correction.
#Banknifty directions and levels for December 9th.Bank Nifty Current View:
The sentiment for Bank Nifty looks similar to that of Nifty. If the market takes an initial pullback, it could reach the supply zone, which is a major resistance. If it breaks this resistance, we can expect the next target to be 54,234. On the other hand, if it doesn’t break this level, the range market will likely continue.
Alternate View:
The alternate view suggests that if the gap-down sustains, it could reach the 38% Fibonacci level, which is a major support level. Until this support is broken, the market will maintain a range. If it breaks this level, we can expect a correction.