If falls continuesAnalysis says , below marked lines are demand zone for this up wave , it may take correction too long but slowly it will hit mentioned line at any day or month Shortby BhubaneswarTraderUpdated 10
QQQ forming Head & Shoulder PatternQQQ forming Head & Shoulder Pattern on daily time frame by AB_28114
Bankbees Good BreakoutReverse Hidden Positive Divergence Buy Bankbees At Cmp 463.54 SL - 451 ( Day Closing Basis ) Target - Open If Bankbees Breaks 451 Banknifty Can Come In Trouble.Longby ShareMarketCoachUpdated 1
BANKBEESBANKBEES Buy above 453 SL below 444 Targets: 463/474/484/494/507/523 Bullish Pole and Flag Hidden bullish RSI Divergence ++For educational purpose only++Longby TraderKalyanB4
Target for SHORTAs per analysis I marked 3 target, easily May get but last one has to check for movement.. Shortby BhubaneswarTraderUpdated 0
JEPI - US STOCKSAMEX:JEPI * JEPI is ready to go for its next swing UP * JEPI is a dividend focused stock/etfLongby M_iste_RUpdated 115
ITbees- Moving out of consolidationBest way to capture move it IT sector is ITbees. Looks like this could head towards 50+ levelsLongby Chartworld13
#HDFCNIFITCloses Highest High On the Leg Tailed from downside Looks upside move is on the wayby krishnakhanna0
All time high Breakout at MAFANG (Mirae Asset NYSE FANG+ ETF)Big Bull Basant Maheshwari sir invest in Tesla But for retail investors from India to invest in Tesla, it's a complicated process. It's so simple and easy to invest in Nvidia and Tesla by simply buying MAFANG (Mirae Asset NYSE FANG+ ETF). NSE Symbol: MAFANG BSE Scrip Code: 543291 If you want to invest in the NYSE FANG+ Index or want to play artificial intelligence (#Nvidia, #Tesla, #Google) from India, then #MAFANG (Mirae Asset NYSE FANG+ ETF) is the best option. I compared #MAFANG (Mirae Asset NYSE FANG+ ETF) vs. the #Nifty and its peers (#Nasdaq Composite Index) from November 30, 2022, and discovered that it has outperformed both the Nifty and its peers in the sector. ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.Longby Usemerr332
KBE the banking sector ETF trending in a channel KBE the ETF for the banking sector has had increasing trading volumes since early March. It was in a downtrend with the banking crisis apparently precipitated by the decreased value of fixed yield bonds and treasuries as interest rates were raised. Things have since stabilized with a pause in the rate increases in May. As seen on the 4H chart, KBE in early May reversed and began to slowly rise in a parallel ascending channel and was about to pivot toward the channel bottom at the support trendline. The RSI indicator shows RSI topping at 90 while the zero-lag MACD shows the k /d lines crossing over the histogram. Accordingly, I anticipate a trend down on KBE for one week suitable for a short trade. The stop loss is immediately above the resistance trendline at 38.50 while the target is 35.70 with a reward to risk of approximately 3: 1. I anticipate a one week trade and then will watch if price reverses in the channel. The red flag here is if the fed does not continue the pause and instead raises interest by 25 basis points, this would impact banks and so their stock prices imbedding into KBE.Shortby AwesomeAvani2
ACWISince 2009 MSCI All country World index is in parallel channel. 77-72 is imp range to have bounceby SunilDhawanUpdated 1
Is GOLDBEES resting at 50 EMA before next movementIs GOLDBEES resting at 50 EMA before next movementby bharat_newtrader2
NASDAQ 100 ETF READY TO TAKEOFF-- ROUNDING BOTTOM PATTERNHere are the key characteristics of the rounding bottom pattern: Downtrend: The pattern typically occurs after a prolonged downtrend, indicating a possible reversal of the bearish trend. Rounded Decline: The price gradually declines over a period of time, forming a rounded bottom. Consolidation: After the decline, the price enters a period of consolidation, where it trades within a relatively narrow range. Rounding Ascent: Following the consolidation phase, the price starts to rise gradually in a rounded manner. Volume: Ideally, the trading volume should decrease during the rounding decline and consolidation phases, and then increase as the price begins to ascend. This increase in volume confirms the potential reversal. Resistance Breakout: The rounding bottom pattern is considered complete when the price breaks above a resistance level, usually drawn from the highest point within the rounding decline. Traders and analysts use the rounding bottom pattern to identify potential buying opportunities. The pattern suggests that selling pressure is diminishing, and buying interest is gradually gaining momentum. However, it is important to note that the rounding bottom pattern is not foolproof, and other technical indicators and analysis should be used in conjunction to confirm the pattern and assess the overall market conditions. As with any technical analysis pattern, it's always recommended to combine it with other forms of analysis and indicators to increase the probability of making accurate predictions. Longby Pranay_Kamdi117
$SPY May 12, 2023AMEX:SPY May 12, 2023 15 Minutes Not much change from yesterday. Range becoming tighter. 412.5 is crucial to cross. Then we can aim for 413.7-414 range. 200 averages at 410 should offer good support. If no big gaps i will try for 414 target trade on upside. On reversal 410 has to break to take a call. Longby RiderTrader3
SOXL - LongWas going through some ETFs and this Direxion Daily Semiconductor Bull 3X Shares seems to be looking for a bounce here, main reasons why i say this: 1. There is support from 200MA and Anchored VWAP from its last year lows. 2. There is seem to be a bullish symmetrical channel pattern. ( As drawn with black lines) 3. Notice the moving average cross on the MACD, considering previous trends. Longby sajalgoelin0
SMH , LONG Back on this horse 🏇🏼. Wedge pop Higher low , stage two continuation so far . Break out above DTL . 6/10 Top weighted holdings in stage 2 uptrends . Market View - QQQ back to the top of its range , my account has gone from about 5% up on the year back to about break even levels . Seems like this market loves to let us get just a little ahead and then squish those profits lol . Keeping with it , if we can just get two successful impulses on with acceptable breadth it would theoretically be possible to build a profit cushion ...but it likes to give me one and then take it away and repeat , 2023 ~ 😉 Maybe tomorrow will be the day we get out of this range and to the upside per QQQ 🤞🏼.Longby NAK19871
GDX- Cup & Handle BREAKOUT BUY!Attached: GDX Daily Chart as of 7th April 2023 Price has given a Classic Cup & Handle Breakout Buy Signal on the Charts What do Technical Indicators say on the Daily Chart? - RSI is in overbought zone ( > 70) and confirming a Bullish Regime✅ - MACD is trending up and in buy mode, confirming Momentum✅ - DMI is in buy mode and ADX is above 25, confirming a Strong Up Trend✅ Going by Pure Price Action too and especially if you go on the Weekly Chart, you can see last Week put in a Clear Bull Power Candle which is our Breakout Candle The Green Trend Line serves as the Neckline for the Cup & Handle Pattern Trade Plan as follows: Current Market Price= 34.43 Upside Target🎯= 40 to 42 zone Stop Loss⚠️ can be < 32 This is our Swing/ Positional Trade Call ............................................... Note: Not only is GDX Bullish for the IMMEDIATE Short Term (Daily Time Frame as I have put out in this Idea), but it is also Bullish on the Higher Time Frames like the Monthly and the Weekly as well, so there is a Multi Time Frame Alignment too✅ Lastly, Refer to my Related Ideas to see my GDX Analysis on the Monthly Time Frame to get my Long Term View for an INVESTMENT CALL👍Longby T_Harth1
GDX- BIG BULL OPPORTUNITY!GDX (VanEck Gold Miners ETF) INVESTMENT CALL📈 Attached: Monthly Chart as of 7th April 2023 (Technical Analysis self explanatory as annotated✍️ in the Chart) CMP= ~34 Upside Targets🎯: T1= 40 + T2= 60 + T3= $100... Stop Loss: SL is Not Needed but just for the sake of it one can keep it below Last Month's (March) Candle Low so < 26.50 Upside Potential is almost 3x🚀 and that too in an ETF (not an individual stock) With Risk⚠️ of just 25% at Max The Risk Reward for this Investment is FABULOUS😮✅ And it is on the same thesis of the Bull Run in Gold & Silver 🥇🥈 .............................. Check out my Related Ideas for the Bullish Call that I had put out for Silver and how it met its TargetLongby T_Harth2
Zero return in last 12 YearZero return in last 12 Year in PSUBANK ETF Never crossed high of Nov 2010.by ZS7332TV0
Psu bank BEES ETF never cross NOV 2010 HIGH. SO BIG ZERO RETURNPSU BANK BEES ETF NEVER CROSS NOV 2010 HIGH. So big zero return SINCE LAST 12 YEARby ZS7332TV0
Next low target for $SPY is 376.5Looking at SPY's Friday's Daily candle, it is no brainer that SPY has further downside. The next strong support is around 376.5. It doesn't seem likely that this support would be breached. SPY should this week touch this level or reverse very close to it like some where between 378 and 376.Shortby abhi1invest3
Buy holding Bank bees good support area 400 rupees. So this place buy holding my aim. May trg reach 440 rupees.Longby Tamiltry225