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GBPNZD - Channel Boundaries in Play! What’s Next?The weekly chart of GBPNZD shows price action respecting an ascending channel structure. The pair has been moving within a well-defined ascending channel since early 2023. GBPNZD weekly chart highlights price action within an ascending channel structure with key levels in play. Watch for bullish opportunities near the support zone at 2.1400–2.1800 or bearish continuation if price breaks below this zone. What’s your bias? Let me know in the comments! #GBPNZD #Forex #TechnicalAnalysis Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Forex trading involves significant risk of loss and may not be suitable for all investors.
Short
by PhD_Swingtrader
Critical Support Zone: 0.786 Fib Holding?After a strong rally, INVZ has retraced sharply to the 0.786 Fibonacci level (~$0.75). This level is often considered the last line of defense for bulls before a deeper correction. 📌 Key Observations: ✅ Price testing 0.786 Fib—a potential bounce zone if buyers step in. ✅ RSI near 40, approaching a possible reversal territory. ✅ Low-volume selling suggests no strong bearish conviction yet. 🚨 Key Levels to Watch: 🔹 Support: $0.75 (0.786 Fib), $0.46 (1.0 Fib). 🔹 Resistance: $0.97 (0.618 Fib), $1.13 (0.5 Fib). If this support holds, a strong bounce could take the price back towards $1.13+. However, a breakdown below $0.75 may open the door to lower levels. What do you think? Will bulls defend this level, or is more downside ahead? Share your thoughts! 📊👇 #INVZ #Fibonacci #Stocks #Trading #TechnicalAnalysis
NASDAQ:INVZLong
by cksharma418
Bitcoin IN CME Gap after Fib circle encounter - what now ? As mentioned in a previous post, PA got "hit" by the same Fib circle that rejected the 2021 Cycle ATH - the difference being that PA got THROUGH the Fib circle Before turning down and so now, we slide down the outside, in a position of strength to be able to move higher when wanted. As can be seen on the Daily chart below This has also brought PA into the CME Gap as expected Currently, PA is recovering having filled only HALF the gap. I fully expect PA to return and complete the fill at some point. Also note the rising line of support that we are heading towards. If we carry on like this, we intersect with it on 3rd March, Next Wednesday at a price around 77400 We will have to wait and see what happens there but this is also where the 50 week SMA will be and so, as said previously, I am expecting PA to bounce strongly But this is Bitcoin....We have to wait and see what happens and react accordingly. A Drop Lower would take us out of the Mid 20% Drops we have been having this cycle as can be seen on main chart. The Next line of rising support on this chart is around -40% and is around the 100 week SMA I am not to sure we will go there..... But.................
by Orriginal
Strong support zone 21500, bounch back expectedAs per weekly chart set up of Nifty 50, it is observed that a bounch back likely to come for a short term duration. Investor can start investing into mutual fund, ETFs in SIP mode, do not gamble in the market, as this is the perfect time to buy stocks or continue the SIP in the Mutual Funds. Healthy correction is always good for the market. As on date 13 % market has fallen from its all time high, no one catch the bottom, so start investing into Flexi cap funds, multicap funds or Large and Midcap funds to take advantage of correction, market will move back in next year to give you healthy returns, Do not trade into options and futures. Invest for your loved ones. Happy investing.
NSEIX:NIFTY1!Long
by ScienceBehindTheChart
Action Construction Equipment LtdDate 28.02.2025 Action Construction NSE: ACE Timeframe : Day Chart Company Information : Action Construction Equipment Ltd is engaged in the business of manufacturing and marketing of hydraulic mobile cranes, mobile tower cranes, material handling equipment like forklifts, road construction equipment like backhoe loaders, compactors, motor graders and agriculture equipment like tractors, harvesters, rotavators, etc. Some Key Values : PE Ratio = 32.1 ROCE = 42.3 % ROE = 30.6 % Book Value = 116 OPM = 14% Promoter =65.41 % DII = 1.70 % FII = 11.90 % Public = 20.86 % Strengths 1 Company is almost debt free. 2 Company has delivered good profit growth of 42.6% CAGR over last 5 years 3 Debtor days have improved from 30.5 to 20.6 days. Weakness 1 Stock is trading at 9.06 times its book value Regards, Ankur
NSE:ACE
by AnkurSingh
Breakaway Gap and Bullish Momentum in SRF Ltd1. Key Observations in Price Action Price Movement: The stock has been range-bound for a considerable period, trading between ~2200 (support zone) and ~2600 (resistance zone). The highlighted blue box captures this range. Several attempts to break out above 2600 (R3) failed, showing resistance. Likewise, multiple tests of the support level around 2200 (S3) held strong. Breakaway Gap on the chart: A large gap-up candle appears on the right-hand side. The price surged from the prior resistance (~2400-2500) to a new high of ~2650. This is indicative of a breakaway gap, often signifying the start of a strong upward trend. The breakout is further supported by strong volume (visible in the price action characteristics). The price is now trading above the pivot (P) and nearing R1/R2, suggesting bullish momentum. 2. Pivot Levels and Key Support/Resistance Resistance Zones: R1 (2600): Currently being tested. R2 (2700): The next potential level if momentum continues. R3 (2900): A longer-term bullish target if the uptrend sustains. Support Zones: P (2400-2500): Recent resistance turned support; critical to sustaining the uptrend. S1 (2300): Immediate support if a pullback occurs. S2/S3 (2200): The bottom of the prior range and a strong support zone. 3. Breakaway Gap Analysis What is a Breakaway Gap? A breakaway gap occurs when the price opens significantly higher (or lower) than the previous close, accompanied by strong volume. It marks the beginning of a new trend. The gap is often not filled immediately and acts as a strong support/resistance level. In this case: The gap has broken out of the 2400-2600 consolidation range, signifying the end of the prior range-bound movement. If the gap remains unfilled in the coming sessions, it will confirm a breakaway gap and further validate bullish strength. Support from MACD (discussed below) and pivot levels indicates the price may continue higher. 4. MACD Analysis The MACD line (blue) is above the signal line (orange), confirming bullish momentum. The histogram is strongly positive, indicating the strength of the upward trend. This momentum aligns with the gap breakout and suggests the continuation of the upward move. 5. Trading Implications Bullish Case: A sustained move above R1 (2600) can lead to the next resistance at R2 (2700). The breakaway gap (~2400-2500) will act as strong support, ensuring a higher low structure. Traders can look for long entries above 2600, with a stop loss near 2500 (gap support) and targets at 2700-2900. Bearish Case (Invalidation): A failure to sustain above 2600 could lead to a pullback to the gap level (2400-2500). If the price fills the gap entirely, it may re-enter the previous range of 2200-2600. Conclusion The breakaway gap signals a potential long-term uptrend for SRF Ltd, provided the gap remains unfilled. MACD and pivot levels confirm bullish momentum, with upside targets at 2700 and 2900. Key support levels to watch: Immediate: 2500 (gap zone) Critical: 2200 (previous range bottom)
NSE:SRFLong
by TrueVithbyVishwanath
Key Patterns, Observations, and Future ScenariosThe stock is trading within a well-defined ascending channel, which is indicative of an overall bullish trend. Over the past few years, the price has consistently respected both the upper and lower boundaries of this channel. This is a strong indication of systematic movement and healthy trends in the stock. The price has recently bounced off a key support level near the lower boundary of the channel around ₹179, and it’s currently sitting at ₹202. This suggests that the stock might be gearing up for another move toward the upper boundary of the channel. Fibonacci Levels and Price Action Observations: The Fibonacci levels plotted on the chart act as critical support and resistance zones. Let’s break this down: Support levels : ₹179 is a major support level, being close to the S1 level and the lower channel line. Below that, ₹160 and ₹136 also serve as significant supports if the stock witnesses a deeper correction. Resistance levels: On the upside, ₹225 and ₹237 are immediate hurdles. The ₹225 level aligns with the pivot and has seen price rejection multiple times in the past. Beyond this, ₹263, which is the R3 level, coincides with the upper boundary of the channel and serves as a long-term resistance target. The price action suggests the stock has been consolidating near the middle of the channel, but with a tendency to test higher levels after each consolidation phase. This is a healthy sign of accumulation and consistent bullish interest. Momentum Indicators – MACD: T he MACD (Moving Average Convergence Divergence) indicator below the chart is signaling early bullish momentum: We can see a potential bullish crossover where the MACD line (blue) is about to cross above the signal line (orange). This is a classic signal for potential upward movement in the near term. Additionally, the MACD histogram is beginning to turn positive, though it’s still in the early stages of a bullish signal. This suggests that while momentum is building, we need to wait for confirmation. If the price breaks above the ₹225 resistance level with strong volume, it could lead to a rally toward ₹237, which is the next major resistance based on Fibonacci and channel projections. If the bullish momentum sustains, the price might even target ₹263, the upper channel boundary. This move would signify a continuation of the long-term bullish trend. It’s also possible that the stock might continue oscillating within the channel boundaries for some time, respecting the key Fibonacci levels for support and resistance. In such a case, we might see the price consolidating between ₹179 and ₹225 before making a decisive move. I would consider entering long positions near the ₹179 support level or on a breakout above ₹225. The first target for this trade would be ₹237, followed by ₹263, depending on momentum and market conditions. Stop-loss for this trade could be placed slightly below ₹160 to manage risk effectively.
NSE:REDINGTONLong
by TrueVithbyVishwanath
Testing Key Support with Bearish MomentumTata Power is consolidating between 370 INR (support) and 470 INR (resistance). The MACD shows bearish momentum with a negative crossover and declining histogram. If 370 INR breaks, the next major support lies at 336 INR. The weekly chart of Tata Power indicates a consolidation phase, with the stock trading between 370 INR (support) and 470 INR (resistance). Currently, the price is testing the S1 Fibonacci level (~370 INR), a critical support zone. The following are key observations: Key Observations: MACD Indicator: A bearish crossover is evident, with the MACD line below the signal line. The histogram is negative and declining, signaling strong bearish momentum. Support and Resistance Levels: Current Support: Immediate support is visible near 370 INR (S1 level). Further Downside: If 370 INR breaks, the next critical support level lies around 336 INR (S2 Fibonacci level). Resistance: The stock faces resistance near 470 INR (R1 level). Price Action: The stock is in a downward trend after failing to sustain above its range near 470 INR. A potential breakdown below 370 INR could lead to further bearish action toward 336 INR, a strong historical support. Possible Scenarios: Bearish Continuation: A breakdown below 370 INR would confirm bearish sentiment, with the next support at 336 INR. Traders should watch for strong bearish candles to confirm this move. Reversal Potential: If the price consolidates or forms reversal patterns like a hammer or bullish engulfing near 370 INR or 336 INR, it could indicate a potential recovery toward the upper range. Conclusion: Tata Power is currently at a crucial support zone. A breakdown could lead to further downside, with the next key level at 336 INR. However, any signs of a reversal could present an opportunity for recovery. Traders and investors should monitor price action closely near these levels.
NSE:TATAPOWERShort
by TrueVithbyVishwanath
Comprehensive Technical Analysis of IRFC Weekly Chart: TrendsTrend Analysis: Current Price: ₹145.42 (as shown on the chart). Trend Direction: The breakout from the descending wedge earlier suggests bullish momentum. However, the price has been consolidating in a sideways pattern recently, indicating indecision among traders. A strong support level is evident near ₹140–₹144. Support and Resistance Levels: Immediate Support: ₹144 (near Pivot Point and S1 zone). If the price breaks below ₹144, it could retest lower Fibonacci levels like ₹130–₹125 (S2 and S3). Resistance Levels: ₹153 (R1): If the price can cross this, further upward movement toward ₹160 (R2) and ₹180 (R3) is possible. MACD Insights: Current Status: MACD is below the signal line, suggesting bearish momentum in the short term. The histogram shows shrinking red bars, indicating weakening bearish momentum and potential for reversal. Possibilities: If the MACD crosses above the signal line, it would confirm bullish momentum. If bearish momentum persists, expect further price consolidation or a downward move. Volume and Momentum: The chart does not explicitly show volume bars, but momentum indicators (like MACD) suggest a slowdown in bearish pressure. Wedge Breakout and Potential Scenarios: Bullish Continuation: If ₹145–₹150 is held as support, the price may rally toward ₹160 and eventually ₹180 in the medium term. Bearish Breakdown: If ₹144 is breached, the price may revisit ₹130, a strong support level from previous consolidations. Sideways Consolidation: If momentum remains weak, the price could range between ₹144–₹153 for a few weeks.
NSE:IRFC
by TrueVithbyVishwanath
1
NIFTY Breaking 2020 Trendline with Monthly Big Bear CandleNifty Breakdown 2020 Trendline on Monthly Chart with Big Bear Candle - (Currently Now its show almost Full Bear power Candle near at 10:30am) If You See the Monthly RSI Is also going to break almost Five years Low 53.30 3rd thing if you comapre RSI low 2016-2020 breakdown its Go more 39% Down in just 2 months. Chart & Indicator both Saw Very bad Sentiments & Pattern on chart. my prediction as below as per fibo chart shown in chart Target as per Fibolevel T1- 21848.50 (23.8%) T2- 19108.65 (38.3%) T3- 16894.25 (50%) T4- 14679.80(61.8%) Target as per Chart (Zones) T1 Zone- 22081- 21588 T2 Zone- 18912-18515.50 T3 Zone- 15645-15177
NSE:NIFTYShort
by StockviewPari
2
#XAUUSD/H1 Owners market, waiting for the right moment.XAUUSD Gold Trading Strategy February 28, 2025: Yesterday's trading session after a sharp drop from the 2915-2920 zone to the 2868-2874 price zone. Currently, the price is still sideways in the 2868-2893 zone. If the price breaks the upper or lower border, we can enter orders following the short trend. However, the main trading trend is still to wait to sell at resistance zones. Today's trading trend: SELL. Recommended orders: Plan 1: SELL XAUUSD zone 2891 - 2893 SL 2896 TP 2888 - 2880 - 2870 - 2860. Plan 2: SELL XAUUSD zone 2905 - 2907 SL 2910 TP 2902 - 2895 - 2890 - 2880 - open. Plan 3: SELL XAUUSD zone 2917 - 2919 SL 2922 TP 2914 - 2905 - 2895 - 2880 - open. Wish you a safe and profitable trading weekend😍😍😍😍😍😍
OANDA:XAUUSD
by Dark_Trader_19051
what Next in Gold ✅ Bearish Structure: Price is in a clear downtrend, forming lower highs and lower lows on both 15-minute and 1-hour charts. A descending trendline is acting as resistance. ✅ Order Block (OB) Rejection: The price recently tapped into an order block near $2,882.439 and got rejected, confirming seller dominance. This suggests that any retracement to this area could provide a potential short opportunity. ✅ Key Support & Resistance Levels: Resistance: $2,904.610 (Major Resistance) – A strong level where price previously reversed. $2,882.439 (Order Block Resistance) – Key level where sellers stepped in. Support: $2,864.908 – Immediate support; a breakdown could lead to further decline. $2,851.502 – Next key support level. $2,833.971 – Major support zone where buyers may step in. ✅ Potential Trade Setups: 📉 Bearish Scenario: If price rejects from the order block ($2,882 area) or the trendline, a short position could be considered targeting $2,864 - $2,851. A break below $2,864 could accelerate selling pressure toward $2,833. 📈 Bullish Scenario: A break and close above $2,882 could invalidate the bearish setup and push price towards $2,904, where major resistance lies. 📉 Bearish Setup (Short Trade) 🔹 Entry: $2,880 - $2,882 (Order Block & Trendline Resistance) 🔹 Stop-Loss (SL): $2,887 (Above the order block to avoid stop hunts) 🔹 Take-Profit (TP) Targets: TP1: $2,864 (First support level) TP2: $2,851 (Next key support) TP3: $2,834 (Major support zone) 🔹 Risk-Reward Ratio (RRR): At least 1:3+ (Good setup if price rejects the OB) ✅ Confirmation: Look for a rejection candle (like a bearish engulfing or pin bar) before entering. If price closes above $2,887, exit short trades as it may flip bullish. 📈 Bullish Setup (Long Trade - If Structure Breaks) 🔹 Entry: Break & Retest of $2,882 (If price holds above this level) 🔹 Stop-Loss (SL): $2,875 (Below breakout zone to manage risk) 🔹 Take-Profit (TP) Targets: TP1: $2,895 TP2: $2,904 (Major resistance) 🔹 Risk-Reward Ratio (RRR): 1:2 or higher ✅ Confirmation: Wait for price to close above $2,882 on the 15M or 1H timeframe before entering. If price gets rejected at $2,882, avoid longs and favor shorts. Final Thoughts: 🚨 Gold remains bearish unless it breaks above $2,882 - $2,904. 📉 Sellers are in control below the order block, and a rejection from this zone may continue the downward move. 📊 Traders should watch price action at key support levels ($2,864 & $2,851) for possible reactions. 👉 Always follow TP/SL to protect your capital and maximize profits! Stay tuned for updates once the confirmations are in place! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! 📢Best Regards , Silver Wolf Traders Community Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively
OANDA:XAUUSDShort
by silverwolftraders029
1
27 Feb 2025–22519 levels crucial, 22453 minor support Nifty Stance Bearish ⬇ We fell 394pts ~ 1.72% this week and what was noticeable was the gap down on Monday 24th Feb. We were struggling to break down from the 22781 levels. We would have at least bounced from those levels 4 times and the likely outcome discussed was to break it with a gap-down. The next support of 22519 came into play and we hit this on the 24th itself. It was kind of amazing that Nifty held its ground over the next days, and the breakdown never came. It was only in the final minutes of today that we went below the 22519 support. The final traded price was 22510, but the weighted average close remained at 22545. The next level to watch for is 22453, which is pretty close by and if we break that, then the next support comes at 22051. I strongly think markets could knock the 22051 levels in this series itself. If the bulls are trying to make a comeback, then the best thing they could do is defend 22519 today and take us to 22781 next week. Nifty is en route to completing 5 consecutive red months. The last time we had a record 8-month red was between September 1994 and April 1995.
NSE:NIFTYShort
by viswaram
Nifty Trading Strategy for 28th Feb 2025📢 Nifty Intraday Trade Setup 📢 📌 Buy Setup: 🔹 Entry: Buy above the high of the 1-hour candle that closes above 22,595 🎯 Targets: ✔️ 22,615 (First Target) ✔️ 22,650 (Second Target) ✔️ 22,690 (Final Target) 🛑 Stop Loss: Below the low of the signal candle 📌 Sell Setup: 🔹 Entry: Sell below the low of the 15-minute candle that closes below 22,480 🎯 Targets: ✔️ 22,452 (First Target) ✔️ 22,405 (Second Target) ✔️ 22,367 (Final Target) 🛑 Stop Loss: Above the high of the signal candle ⚠️ Disclaimer: I am not a SEBI-registered analyst. This trade setup is for educational purposes only. Please consult with a financial advisor before making any trading decisions. Trade at your own risk! 🔎 Tip: Always follow risk management and position sizing to protect capital.
NSE:NIFTY
by ramkkyy
Gold price update: Keep strengthening!Hello, dear friends! Gold has just experienced significant volatility, witnessing a sharp decline before making a notable recovery. In the recent trading session, gold dropped to a low of approximately $2,915, losing nearly $39 in a single day, before rebounding and currently hovering around $2,917. This price action indicates that buyers still maintain a certain level of strength, despite considerable selling pressure. Looking ahead, if gold successfully stabilizes above the lower boundary of the intact uptrend, we may see another attempt to break above the $2,950, potentially reaching new highs. However, failure to hold above key levels could trigger renewed selling pressure.
OANDA:XAUUSDLong
by Karinatradegold
Bajaj Electricals Ltd (BAJAJELEC) Stock Analysis**GlobalTradeHub | Bajaj Electricals Ltd (BAJAJELEC) Stock Analysis** **Fundamental Analysis:** Bajaj Electricals, a leading player in consumer durables and lighting, benefits from strong brand value and expanding distribution. Growth in the home appliances sector and government infra projects support revenue. Key risks include rising input costs and competitive pressure from other brands. **Technical Analysis:** The stock is facing resistance near ₹1,250. A breakout could push it toward ₹1,350. Strong support is at ₹1,150; a breakdown may lead to ₹1,050. RSI around 58 suggests moderate bullish momentum. **Key Levels:** - **Resistance:** ₹1,250 / ₹1,350 - **Support:** ₹1,150 / ₹1,050 **Conclusion:** Bajaj Electricals has strong fundamentals and brand presence. A breakout above ₹1,250 may trigger further upside, while dips to support zones could offer buying opportunities. ⚡📈
NSE:BAJAJELECLong
by Globaltradehub
Bayer CropScience Ltd (BAYERCROP) Stock Analysis**GlobalTradeHub | Bayer CropScience Ltd (BAYERCROP) Stock Analysis** **Fundamental Analysis:** Bayer CropScience, a leader in agrochemicals and seeds, benefits from strong R&D, a wide product portfolio, and rising demand for high-yield solutions. Consistent revenue growth and a strong balance sheet support long-term stability. Risks include weather dependency, regulatory changes, and rising input costs. **Technical Analysis:** The stock is testing resistance near ₹5,250. A breakout could push it toward ₹5,500. Strong support is seen at ₹4,900, with further downside risk if breached. RSI near 60 indicates bullish momentum but not overbought yet. **Key Levels:** - **Resistance:** ₹5,250 / ₹5,500 - **Support:** ₹4,900 / ₹4,700 **Conclusion:** Bayer CropScience remains a strong agrochemical player. A breakout above ₹5,250 may trigger further upside, while dips to support levels can be potential buying opportunities. 🌱📈
NSE:BAYERCROPLong
by Globaltradehub