X-indicator
Head and Shoulders Pattern with Key Price LevelsThis chart illustrates the classic Head and Shoulders pattern, a key reversal indicator. The formation includes a Left Shoulder, Head, and Right Shoulder, which suggest a potential market reversal. Notable price levels such as the 1W High and 1W Low, along with support and resistance zones, are highlighted for further analysis and trade decision-making and a fake breakdown forming a wick
BTC W and D1 are still in a downward correction phase (82k)BTC W and D1 are still in a downward correction phase before starting a new W cycle.
Bitcoin is experiencing short-term upward movements on D1 and H4, followed by a gradual move toward the $77,000–$82,000 range within the next 1–2 weeks. This correction is essential for shifting from USDT to accumulating BTC and Altcoins.
If you believe Bitcoin will continue its upward move directly from the $97,000 mark, it might indicate a strategic misunderstanding.
Current Strategy:
1. Wait for the next correction phase:
Allow BTC to consolidate, and then start buying again as it begins its new W cycle. (Projected entry: around 4–5 weeks from now).
2. Focus on Altcoins with strong upward structures on W and M:
Buy Altcoins that are in strong uptrends, capitalize on short-term gains during this phase, and exit after the W correction completes to accumulate again.
3. Short-term trades on H4 and D1:
Target quick rotations in Altcoins to maximize fast, short-term profits while waiting for broader market alignment.
Adapting these strategies will help align with the market’s current behavior and ensure optimal returns.
HDFC Bank Share Moving Analysis 15.01.25**HDFC Bank** is one of India’s leading private sector banks, headquartered in Mumbai. Here's a brief profile:
### Overview:
- **Full Name**: Housing Development Finance Corporation Bank Limited
- **Founded**: August 1994
- **Headquarters**: Mumbai, Maharashtra, India
- **Key People**:
- **CEO**: Sashidhar Jagdishan (as of the latest update)
- **Chairman**: Atanu Chakraborty
### Services:
HDFC Bank offers a wide range of financial services to individual customers and businesses, including:
- **Retail Banking**: Personal loans, home loans, savings accounts, fixed deposits, credit cards.
- **Wholesale Banking**: Corporate loans, cash management, and trade services.
- **Treasury Operations**: Foreign exchange and derivatives.
- **Wealth Management**: Investment advisory, mutual funds, insurance.
### Branch Network:
HDFC Bank has an extensive branch and ATM network across India, with thousands of branches in both urban and rural areas.
### Achievements:
- Known for its customer service and digital banking innovations.
- Consistently rated as one of the top banks in India for its robust financial performance and operational efficiency.
Here's a more detailed profile of **HDFC Bank**:
### History:
- **Inception**: HDFC Bank was incorporated in August 1994 and began operations as a Scheduled Commercial Bank in January 1995.
- **Parent Company**: Initially promoted by Housing Development Finance Corporation Limited (HDFC), a leading housing finance company in India.
### Products and Services:
#### **Retail Banking**:
- **Savings and Current Accounts**: A variety of account options catering to different customer needs.
- **Loans**:
- **Personal Loans**
- **Home Loans**
- **Auto Loans**
- **Education Loans**
- **Gold Loans**
- **Cards**:
- **Credit Cards**: Wide range of credit cards with various benefits.
- **Debit Cards**
- **Deposits**:
- **Fixed Deposits (FD)**
- **Recurring Deposits (RD)**
#### **Wholesale Banking**:
- **Corporate Banking**: Offers financial solutions to large, medium, and small enterprises.
- **Cash Management Services**: For smooth and efficient handling of business transactions.
- **Trade Finance**: Services including letters of credit, export/import financing.
#### **Treasury Services**:
- **Foreign Exchange**: Currency trading services for individuals and businesses.
- **Derivatives**: Solutions for managing financial risks.
#### **Digital Banking**:
- **NetBanking**: Comprehensive online banking services.
- **Mobile Banking**: Banking on the go with the HDFC Bank Mobile App.
- **UPI and Payment Solutions**: Seamless payment services through UPI, wallets, and QR codes.
#### **Wealth Management**:
- **Investment Advisory**: Services for mutual funds, stocks, and bonds.
- **Insurance Products**: Life, health, and general insurance offerings.
- **Private Banking**: Personalized banking and financial services for high-net-worth individuals.
### Financial Performance:
- **Market Position**: HDFC Bank is one of the largest banks in India by market capitalization.
- **Consistent Growth**: It has shown consistent growth in its balance sheet, profitability, and customer base.
- **Net Profit**: Regularly reports high net profit margins and low non-performing assets (NPAs), indicating strong financial health.
### Technological Innovations:
- HDFC Bank has been at the forefront of technological innovation in the Indian banking sector, introducing various digital products and services for enhanced customer convenience and security.
### Corporate Social Responsibility (CSR):
- **Sustainable Livelihood Initiative**: Aims to create sustainable livelihoods and empower rural communities.
- **Educational Initiatives**: Supports various educational projects and scholarships.
- **Healthcare**: Engages in healthcare initiatives, including building hospitals and providing medical equipment.
Gold trading strategy for today !Currently, XAU/USD is fluctuating between the resistance zone at 2,677-2,697 and the support level at 2,660. This reflects a range-bound market, where the price lacks a clear directional trend and reacts strongly at support and resistance levels. Below is a specific strategy for trading under these conditions:
1. Sell Strategy at the Resistance Zone:
Rationale: The resistance zone at 2,677-2,697 is a level where sellers could gain strength and push the price down toward the support level. The red arrows on the chart indicate a potential reversal upon reaching this zone.
Strategy:
Sell Entry: Open a sell position within the 2,675-2,677 range after confirming a bearish reversal signal, such as a double top formation.
Stop-Loss: Place the stop-loss above 2,682 to protect against unexpected breakouts.
Take-Profit: Target the support level at 2,660, with the option to take partial profits if the price drops sharply.
2. Buy Strategy at the Support Zone:
Rationale: The support zone at 2,660 represents a potential area for strong price recovery, making it a favorable buying opportunity. The green arrows on the chart highlight the expectation of a rebound from this level.
Strategy:
Buy Entry: Open a buy position near 2,660 after observing bullish reversal signals, such as a strong bullish candle, hammer, or engulfing pattern.
Stop-Loss: Place the stop-loss below 2,655 to protect against a breakdown of the support level.
Take-Profit: Aim for the resistance level at 2,697, or anticipate a breakout for higher targets.
3. Breakout Strategy:
If the price breaks out of the current range, adjust the strategy as follows:
Breakout Above Resistance (2,677): Wait for confirmation of a breakout, then enter a buy position targeting higher levels, such as 2,720-2,730, while keeping it below 2,750.
Breakout Below Support (2,660): Wait for confirmation of a breakdown, then enter a sell position targeting lower levels, such as 2,640-2,630.
Trading Notes:
Always wait for confirmation signals before entering trades, especially near critical support and resistance zones.
Practice effective risk management, limiting risk to 1-2% of your account balance per trade.
Stay updated on fundamental factors, such as economic news, inflation data, or statements from the U.S. Federal Reserve (FED), as these can significantly influence gold prices.
This approach provides a balanced strategy for both range trading and breakout scenarios, helping to maximize opportunities while managing risks effectively.
This chart displays the analysis of Indian Telephone Industries Key Observations
Current Price and Trend:
The stock is trading at ₹390, showing a decline of 3.91% for the day.
A pullback is observed from the peak of wave (3), currently consolidating in wave (4).
Elliott Wave Analysis:
The impulse structure indicates that wave (5) is yet to unfold.
Key Fibonacci levels are highlighted:
Wave (5) targets are projected around ₹684.95 (1.0 Fibonacci) and ₹868.95 (1.618 Fibonacci).
Support Levels:
Strong support zones are identified at ₹387.20 (0.537 retracement) and ₹287.
Resistance Levels:
Resistance is noted at ₹406.35, which coincides with the previous breakout level.
Volume Analysis:
Increasing volume during upward moves suggests strong buying interest.
Declining volume during pullbacks is a healthy sign of consolidation.
Buy/Sell Zones:
Historical buy and sell signals are marked, showing the effectiveness of prior price action strategy.
Projected Path:
The chart outlines two potential scenarios for wave (5):
A conservative rally towards ₹684.95.
An extended rally to ₹868.95.
Post Recommendation
Title: ITI Limited Elliott Wave Analysis: Is Wave (5) the Next Big Move?
Content:
Indian Telephone Industries Limited is currently consolidating in wave (4) after a strong rally in wave (3).
The stock has critical support at ₹387.20 and ₹287, which could provide a base for the next upward move.
Projected targets for wave (5) are:
Primary: ₹684.95
Extended: ₹868.95
Traders may look for a breakout above ₹406.35 for confirmation of wave (5)'s onset.
Maintain caution, as a breach below ₹387.20 could invalidate the wave (5) structure.
Volume trends and Fibonacci levels align with the bullish setup.
Gold PA Check: Bulls Taking a break Near 2,670 The price is hovering around 2,671, and , it seems like price is playing a bit of a waiting game here. We've got this nice upward trend (Short rally but still looking good) since late December, which is encouraging for the bulls, but we're seeing some hesitation at current levels.
For Intra day, I'd keep a close eye on that 2,680 level - if we break above that with decent volume, we could see a nice move up. But here's the thing - the volume's been pretty average lately, nothing too exciting, which suggests people might be waiting for a clearer signal maybe waiting for CPI data today.
For Swing/ longer-term positions, the setup actually looks quite healthy to till time. We're making higher lows, which is always good to see, and that support around 2,630-40 seems pretty solid. The big test will be whether we can push through that 2,700-2,720 zone - that's where things could get interesting.
One thing I particularly like is how the price is respecting that pivot level at 2,667. It's acting like a nice reference point for current PA.
The market's in a bit of a consolidation phase right now for Intra day - so if you're planning any trades, you might want to wait for a clear breakout with volume confirmation rather than trying to force anything in this choppy action.
Key risk level: Below S1 (2,636) would invalidate bullish bias for Intra day and for Swing .
Trading HPG stock using the Wyckoff method 2025I believe that HPG is currently in phase B, gradually forming phase C of the accumulation process. In the near future, pay attention to a potential spring with decreasing volume, the price breaking below 25 with low volume, and a confirmation session (SOS) accompanied by low volume, as these could be signals to buy HPG shares. Consider increasing holdings when an LPS occurs. The near-term target when HPG enters the price increase phase is in the 34-36 price range.
Prepare to BUY Spot SANDUSDT (W Cycle)🚀 Prepare to BUY Spot SANDUSDT (W Cycle)
🌟 SANDUSDT is entering a new W cycle – A fantastic opportunity for mid-term gains! 🌟
🌍 Market Overview:
SANDUSDT is showing strong bullish potential on the W timeframe. This provides a strategic entry to benefit from the upward momentum in the market.
📊 Trade Plan:
📌 Entry Point:
Around $0.48 - $0.57 – Ideal accumulation zone.
With Indicator: Confirm entry with your setup to maximize precision.
🎯 Target:
From 1.5x to 5x – Depending on market performance and exit timing.
⏳ Hold Time:
4–8 weeks – Aligned with the expected W cycle trend.
💡 Note:
Combine the suggested price range with your trusted indicator to ensure an optimal entry point. Be prepared to adjust your strategy as market conditions evolve.
🔥 SANDUSDT is on the rise – Don’t miss this exceptional mid-term trading opportunity! 🔥
Prepare to BUY Spot AVAUSDT (D1 Cycle)🚀 Prepare to BUY Spot AVAUSDT (D1 Cycle)
🌟 AVAUSDT is entering a new D1 cycle – A promising opportunity for short-to-mid-term gains!
🌍 Market Overview:
AVAUSDT is showing strong potential for a bullish trend on the D1 timeframe. This creates a favorable entry point to capitalize on the upcoming upward movement.
📊 Trade Plan:
📌 Entry Point:
Around $0.6 - $0.8 – An optimal range for accumulation.
With Indicator: Utilize your setup to confirm the trend for precise timing.
🎯 Target:
1.5x – Targeting a significant yet realistic profit within this range.
⏳ Hold Time:
2–4 weeks – Perfectly aligned with the projected D1 cycle.
💡 Note:
Use your indicator for a more accurate entry, or stick to the suggested price range to secure a position in this trade.
🔥 AVAUSDT is poised for growth – Don’t miss this short-to-mid-term opportunity! 🔥
Prepare to BUY Spot KNCUSDT (W Cycle)
🌟 KNCUSDT is entering a new W cycle – A great opportunity for mid-term gains! 🌟
🌍 Market Overview:
KNCUSDT is showing strong potential for a bullish trend on the W timeframe. This provides a favorable opportunity to enter at a low price and ride the upward momentum.
📊 Trade Plan:
📌 Entry Point:
Around $0.52 - $0.6 – An optimal range for accumulation.
With Indicator: Follow a confirmed trend signal from your setup for precision.
🎯 Target:
5x – Targeting a significant profit from this opportunity.
⏳ Hold Time:
4–6 weeks – Strategically aligned with the projected W cycle movement.
💡 Note:
Leverage your indicator for a more precise entry, or follow the suggested price range to secure a position in this trade.
🔥 KNCUSDT is set to take off – Don’t miss this short-to-mid-term opportunity! 🔥
BUY IOSTUSDT – New W Cycle Opportunity🚀 BUY IOSTUSDT – New W Cycle Opportunity 🚀
Trade Details
Asset: IOST/USDT
Entry Point: $0.006 – $0.0074 (Optimal accumulation range)
Target:
x5: $0.03
x8: $0.048
Hold Time: 3–5 weeks (Aligned with the W cycle growth projection)
🔥 IOSTUSDT is primed for a strong breakout in the W cycle – Act now and ride the wave! 🔥
Nifty Trading Strategy for 15th January 2025Nifty Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 23,275.
Trigger: Buy when the price moves above the high of the candle that closed above 23,275.
Targets:
First Target: 23,300
Second Target: 23,370
Third Target: 23,420
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 23,070.
Trigger: Sell when the price moves below the low of the candle that closed below 23,070.
Targets:
First Target: 22,990
Second Target: 22,940
Third Target: 22,900
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Gold Trading Strategy 15th January 2024Gold Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the price to close above 2683 on a 1-hour candle.
Trigger: Buy when the price moves above the high of the candle that closed above 2683.
Targets:
First Target: 2689
Second Target: 2697
Third Target: 2705
Stop-Loss:
Set a stop-loss order below the low of the 1-hour candle that closed above 2683 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2689, another portion at 2697, and the remaining position at 2705.
Sell Strategy:
Entry Point:
Condition: Wait for the price to close below 2658 on a 1-hour candle.
Trigger: Sell when the price moves below the low of the candle that closed below 2658.
Targets:
First Target: 2650
Second Target: 2641
Third Target: 2625
Stop-Loss:
Set a stop-loss order above the high of the 1-hour candle that closed below 2658 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2650, another portion at 2641, and the remaining position at 2625.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
TGF of Equity Introduce Top 10 Index View Series On Daily Basis The Golden Forms of Equity Today we are starting a video series where we will analyze the two big markets of America and important indices of India like Nifty and Bank Nifty and understand the mood of the markets, when and where the markets are moving in which direction so that we can make our strategy accordingly
NSE:NIFTY NSE:BANKNIFTY BSE:SENSEX
NSE:CNXFINANCE NSE:CNXIT NASDAQ:NDX TVC:DJI
Salesforce Inc. ‘CRM’ (NYSE) - Good Time to buy Name :- Salesforce Inc. ‘CRM’ (NYSE)
Present Status (Fisher Transform Indicator):-
3M Up
1M Up
1W Down like KOL
1D Down like FFHTSI
4H Fisher and TSI extended Bottom
LOGIC = Question for recommendation and Answer of the same.
Present Chart – 1Day Chart with Fisher and TSI
Question 1: Has Bottom reached?
Answer 1: Yes, overall trend did not change because 3M and 1M Fisher was up. As per Perfect Setup, maximum fall was 1W KOD, 1D FFHTSI like fall, 4H extended Fisher and TSI Bottom. Same is present scenario where 1D Fisher has fallen to Bottom and TSI near 0 down (FFHTSI). So downside target is met and thereafter 1D Fisher positive Cross happened.
Question 2: Is this support for next time frame?
Answer 2: Yes, Since 3Month & 1Month Fisher (Long term trend) are up and fall target (Support) almost met at 1W KOL, 1D FFHTSI and 4H Extended Bottom Fisher & TSI. Hence Support met.
Question 3: Has 3M and 1M reached Top?
Answer 3: No, there is still up move on the cards.
Question 4: What was SUPPORT ?
Answer 4: Answer at Q. No 3.
Question 5: What will be Up side target (RESISTANCE) ?
Answer 5: Resistance will be the Top from the time frame where FFHTSI was made and in this case it is 1D Fisher Top / TSI Top. If you look previous top from where it fell, this new Top will become 2nd Top (After completion of this formation).
Question 6: How long it will take to achieve 1D Fisher / TSI Top ?
Answer 6: Completion of this formation i.e. target of 1D Fisher / TSI Top may take weeks to develop and it can be dependent on multiple factors viz. Demand & Supply, Volatility etc.
Question 7: Is this stock near 52 Week High (Strong)?
Answer 7: Please check from NYSE or other site.
Question 8: When this recommendation will fail ?
Answer 8: It will fail only when there is simultaneous 1Week TSI and 1M Fisher negative crossover i.e. both crossover are at a time. In this case 1Day Fisher will fall below 0 and 1Day TSI will fall near 0. In brief, when 1M Fisher turn negative.
Question 9: If situation in Question No. 8 meets, will this trend turn negative ?
Answer 9: No, It will require a lot of efforts to turn 3Month Fisher Down and will take months of time to turn 3Month Fisher Down unless 3Month itself would be at extreme Up in Fisher.
ANY CHART PATTERN – Falling Wedge as well as FLAG pattern on 1D Price Chart.
Reference – As I can not use 1M 1W and 4H Chart in this box (PUBLISH), therefore would request you to check what I have stated above for reference and understanding. Only 1D Chart is published due to this reason.
Abbreviations used by me in my PUBLISH (here or elsewhere)–
Time Frames – 1M (1 Month Interval), 1W (1 Week Interval), 1D (1 Day Interval), 4H (4 Hour Interval) 1H (1 Hour Interval) 15M (15 Minute) 5M (5 Minute Interval).
Fisher – Fisher Transform (An indicator)
TSI – True Strength Index (An indicator)
KOL – Kiss of Love – True Strength Line falling and touch Signal Line down
KOD – Kiss of Death - True Strength Line rising and touch Signal Line up side
FFHTSI – It is a phenomenon where Fisher rise far above 0 (Top) while TSI rise upto only 0 – little more or little less. So, Fisher rise to full length and TSI rise only half of the full length i.e. Bottom to Top. It is called Full Fisher Half TSI due to its characteristic.
Bottom – When an indicator reach far below 0.
Top – When an indicator reach far above 0.
Double Bottom – Every 2 Bottom is not a 2 Bottom in Fisher. First a big fall to hit a bottom is 1st Bottom. 2nd attempt to rise fail somewhere and another Bottom made after failed attempt is technically a 2nd Bottom. With little practice it will be easy to identify a Bottom.
Do It Yourself
There are lots of other Shares exhibiting these types of patterns, but it takes a lot of time to analyse each and every stocks. With above logic, you may analyse other shares: In order to fit above analysis, 3Month and 1Month Fisher should be UP and not at extreme top (because that is a warning signal, for example NIFTY Chart on 1st October 2024 where all indicators turned down from extreme TOP – Please see for reference what I mean by Top in NIFTY. Have a look at Nifty 01-10-2024 Fisher 3M 1M 1W 1D Charts and believe me you will learn a lot simply by this NIFTY Chart to understand what is Top to exit from position).
I have combined indicators just to assess strength in TREND. It becomes easy to find SUPPORT and RESISTANCE by my PERFECT SETUP. I can easily know how far price will fall (Support) and from where it will bounce as well as how far price can go up (Resistance). I have not come across any such precise SETUP in public domain. Please appreciate if find useful.
Disclaimer:
This is for informational purposes only, not financial advice. Trade at your own risk. I am not a Registered Research Analyst.
On January 14, 2025, the Indian stock markets rebounded On January 14, 2025, the Indian stock markets rebounded after a four-day losing streak, with both the Nifty 50 and Bank Nifty indices closing higher.
**Nifty 50 Performance:**
- **Closing Level:** The Nifty 50 gained 90.10 points (0.39%) to close at 23,176.05.
- **Intraday Movement:** The index fluctuated between a high of 23,264.95 and a low of 23,134.15 during the trading session.
**Bank Nifty Performance:**
- **Closing Level:** The Bank Nifty index rose by 688 points (1.43%) to end at 48,729.15.
- **Intraday Range:** It traded between a high of 49,007.35 and a low of 48,235.20 throughout the day.
**Significance of the Closing Levels:**
- **Market Sentiment:** The positive closing of both indices indicates a potential shift in market sentiment, suggesting renewed investor confidence after a period of decline.
- **Sectoral Performance:** The banking sector, as reflected by the Bank Nifty's performance, outperformed the broader market, highlighting its pivotal role in driving the market's recovery.
- **Technical Analysis:** Closing levels are crucial for technical analysts who assess support and resistance levels, trend directions, and market momentum to inform trading strategies.
- **Economic Indicators:** These indices serve as barometers of the Indian economy's health. A rebound may signal positive economic developments or improved corporate earnings, influencing future investment decisions.
In summary, the upward movement and closing levels of the Nifty 50 and Bank Nifty on January 14, 2025, are significant as they reflect improved market sentiment, sectoral strength, and provide insights for technical analysis and economic assessment.