Natural Gas Broke Demand Zone Natural Gas Broke Demand Zone with volume, retest the level and reach the target zone of FI levels.
Zone to Zone trading .
Futures market
gold shortGold as per daily chart is showing negative rsi divergence, top resistance on trendline has not been broken, here gold is short with sl 76980 for tgt 75450. Also arbitrage of silver and gold is pretty high, either silver has to come up or gold has to go down, the latter seems fair
Copper Took Rejection from Supply Zone Copper Took Exact rejection from Supply Zone, if sustains down trend we can see target as Demand Zone .
Zone to Zone Trading
institutional levels .
NIFTY VIEW FOR OCTOBERNIFTY view for next 10 to 15 trading sessions going forward, it is making a base and it should move uptill 25700 to 25800
Crude oil took Rejection from Demand Zone Crude oil took rejection from Demand Zone .
If sustains upward moment we can see target as supply Zone .
Natural gas sell given at 229 ,198,189-88 downside Target sl 215Disclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Copper sell given at 836 ,806,792 next downside Target 825 slDisclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude fall will continue 5820,5670 downside Target 6030 resistanDisclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver support 91400-91300 resistance 93140 ,95400,97445 ,99370Disclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver XAGUSD support 31.40-31.20 resistance 32.48-32.65, 33.10-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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold support 76000-75750 resistance 76840,77784,78732-78989Disclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold support 2655-2645 resistance 2687 ,2707,2725 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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
silver mcx or spot update edu pur.silver mcx stya abv 92300 looks up side till 92780--93000 where support 91800@ blw mkt more dwn fall expect in spot 31.60$ stya abv looks 32--32.20$ expect where support 31.30$ blw mkt some dwn correction expect 31.10-31$
Copper Taking Rejection from Supply Zone.Copper is taking rejection from the supply zone .. target can be Demand Zone .
Zone to Zone trading.
XAUUSD 1H BUY PROJECTION 16.10.24Reason for Bullish
Gold Is Money
One of the crucial promises of money is that it serves as a long-term store of value. Gold fulfills this promise better than any currency. Look how much purchasing power all major government currencies have lost compared to gold.
Strong Delta Formation @ previous support zoneToday, gold prices are undergoing a correction after reaching an all-time high of $2,708.70 on October 1, 2024. As of today, the price has dropped to around $2,640.60, marking a decline due to several influencing factors.
The primary economic factor driving this correction is the strength of the U.S. dollar, which has become the preferred safe-haven asset amid ongoing geopolitical uncertainties. Additionally, shifting expectations around Federal Reserve interest rate cuts have influenced gold prices. While markets initially expected a 50-basis-point cut in November, current projections favor a smaller 25-basis-point cut. This change reduces the appeal of non-yielding assets like gold, leading to price declines.
However, despite this pullback, many analysts remain bullish on gold in the medium to long term. The underlying factors supporting gold's recent rally, such as economic uncertainty, geopolitical tensions, and inflation concerns, are still present. As such, any further weakening could present buying opportunities for investors looking to re-enter the market.
Navigating Change: The Impact of SEBI's F&O PolicySEBI's new rules for F&O traders will take effect on November 20. The changes include increasing the contract size for index derivatives from Rs 5-10 lakh to Rs 15-20 lakh, which i believe is not a good idea. They are also reducing the number of weekly expiry options for index derivatives, which i see as a positive change. However, the decision to eliminate weekly expiry for Bank Nifty options is viewed negatively.
It's hard to understand what SEBI is trying to achieve. i think the chairman believes she is making smart decisions, but it feels quite the opposite. It seems like they want to take more money from retail investors while claiming to act in their best interest. Increasing taxes, raising contract sizes, and removing Bank Nifty weekly expiration's doesn’t seem helpful for the stock market or retail traders. Retail investors and traders play a crucial role in providing liquidity for institutional investors, generating tax revenue for the government, and maintaining market vitality. However, it appears that SEBI primarily favors large traders and investors, which may seem unfair to the retail segment.
Instead of educating retailers, there appears to be a focus on restricting their earning opportunities in the stock market. In the future, this may leave only major players able to trade in India's stock market. SEBI should realize that there are many stock markets in different countries, and if retail investors and traders face restrictions here, they will move on to Forex or US stocks, which often offer higher leverage and lower brokerage fees. Retail traders will trade regardless.
The solution should be to educate investors and give them the freedom to make their own choices. I hope that in the future, SEBI will have a knowledgeable chairman who understands these issues better.
Silver on Supply Zone.If Silver takes a proper rejection from Supply Zone we can see a downward moment till Demand Zone .
If break the Supply Zone and retest we can see a upward moment till XI Zone.
Zone to Zone trading.
gold spot or mcx update edu pur.gold spot eyes on 2673 stya abv looks up side 2684--2700+++ where support 2650 blw mkt some dwn side move where mcx stya abv 76600 looks up side 77000+++++++ expect 76300 support based
Gold Surges Amid North-South Korea TensionsIs everyone ready to explore the latest developments in the gold market? Let’s dive in with Alisa!
The global gold price has experienced a highly volatile trading session. Rising geopolitical tensions between North and South Korea have swiftly reversed the situation, pushing gold prices back up. The event of Pyongyang accusing Seoul of airspace violations has heightened concerns about a potential conflict, prompting investors to seek gold as a safe-haven asset.
Gold is currently trading around $2,666 per ounce, moving upward in a rising price channel. While short-term fluctuations are possible, with strong support at $2,660, gold is forecasted to maintain its upward momentum and aim for the $2,680 target in the near future.
With the current complexities of the market, investing in gold could present attractive profit opportunities. However, careful consideration and a clear investment plan are essential before making any decisions.
Nifty Intraday Levels | 16-OCT-2024This trading strategy focuses on scalping Nifty options based on institutional support and resistance zones and executing trades using order flow data. Here's a quick summary of the key points:
1️⃣ Zones to Focus on:
👉Green Zone: Represents institutional support.
👉Red Zone: Indicates institutional resistance.
👉Gap Between Zones: Typically ranges from 100-200 points.
👉Zone Creation: Uses pivot points and Fibonacci levels.
👉Price Action: An advanced version for refined entries and exits.
👉Chart Reference: Trades are executed based on the Nifty futures chart.
2️⃣ Trade Execution:
👉Order Flow Data: Trades are triggered by tracking the market's order flow.
👉Timeframes: Focus on the 1-minute and 5-minute charts for quick scalps.
👉Risk-Reward Ratio: Strict 1:2 (Risk 1 to gain 2).
👉Strike Price: Target at-the-money (ATM) or slightly in-the-money (ITM) options.
👉Position Sizing: Customize based on personal risk tolerance.
3️⃣ House Rules:
👉Sharp Execution: Be ready at 9:15 AM for market open.
👉Risk Management: Always a priority.
👉Quick Trades: Fast execution "morning breakfast".
👉Strict Stop-Loss: Set at 10 points to limit losses.
This method is well-structured for traders who prioritize risk management and quick scalping opportunities in the Nifty market.
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏 FOLLOW for more content!
👍 LIKE if you found it useful!
✍️ COMMENT below with your thoughts and feedback!
All eyes on GoldAs discussed in yesterday's update gold is still looking good to more higher and gold is following that statement perfectly , as you can see on hourly chart after a small pullback in yesterday trading session gold price took support at weekly pivot (2640) and after that price moving in higher side, for today also the CPR relation is positive and gold price is taking support on CPR area and we can expect continuation in higher side , weekly R1 is at 2677 and at that level we can expect another small pullback and then price can continue in higher side towards 2685 or higher level, there is no sign of good reversal so we have to wait for higher levels for any selling opportunities , the only limiting factor that currently stopping the gold bulls is strong dollar Index chart, but I think DXY is also due for correction which can help gold bulls to make a good move in higher side : overall the scenario is still favourable for buying on Intraday .
