Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? ----------------------------------------------------------------------------------------------- Key Levels to Watch: - Immediate...
Price is falling for few days and now it is at double bottom support. 920 is an important zone to decide trend direction. Buy above 927 with the stop loss of 921 for the targets 933, 939, 946 and 954. Sell below 915 with the stop loss of 921 for the targets 910, 904, 898 and 892. Check the live market updates. Hit the like button to Rock !! Show some energy...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
ICICI Bank Observations - We are looking at daily chart of ICICI Bank - 5 day EMA and 21 day EMA at 1117 & 1119 respectively - red line of resistance around 1133-1137 odd levels - stock is near blue line of support for the 5th time ( not a conducive scenario) - 200 day EMA and green line of support around 1031-1040 levels For me this does not give confidence to...
Notcoin Pauses After 160% Gain: Correction Or Further Rally Ahead Notcoin seems to be taking a pause after six consecutive green days, culminating in an impressive 160% appreciation. With a volume-to-market cap ratio exceeding 76.47%, Notcoin exhibits significant volatility, indicating a turbulent market landscape. Over the last few sessions, the Notcoin has...
The Cardano price chart was an intense match among bulls and bears, initially, bulls had control, but later shift in the wind dropped the game in bears' favor. At press time, the ADA price has traded in a darvas box consolidation range at $0.4510 with an intraday surge of +1.02%, with a market capitalization of $16.08 Billion. Similarly, based on the positive...
#ETH/BTC Analysis: Major Support Trendline and Falling Wedge Breakout The 3ETH/BTC trading pair has been in a downtrend for the past 28 months, consistently forming lower highs and lower lows. However, recent price action indicates a potential reversal pattern that could signal the end of this prolonged bearish phase. Ethereum is currently taking support from a...
Is Solana Crypto Ready To Take A Big Leap Towards The $200 Mark? Solana crypto is exhibiting consolidation near the 20-day Exponential Moving Average (EMA), hinting at a potential breakout in the upcoming sessions. The Relative Strength Index (RSI) and 14-day Simple Moving Average (SMA) have both crossed the mean line, signaling a bullish trend on the...
The gold daily line ended with a long negative line with a slightly longer lower shadow, which shows that the downward trend of gold is clear. Today is undoubtedly bearish, Therefore, we gave a short strategy of 2337 to our internal members in the morning session and entered the market to short sell in batches. The market is also as expected, rebounding to around...
To analyze the gold price scenario where it corrects before rising to target levels of $2,357 to $2,362, where a selling strategy could be implemented with a stop-loss (SL) of 5 points below the entry price, we need to consider several factors that influence gold prices. This includes technical analysis and market sentiments. Technical Analysis Trend Analysis:...
As we discussed, Nifty had a sideways structure; it was sideways the whole day. If we look at the chart now: The market is trading in the range while taking good resistance at 200-EMA. The market is very volatile as VIX is 24.60. the market is trading in the range 22465 - 22639. If we look at the last two candles, it is a huge volume from the support...
JYOTI CNC AUTOMATION LTD Ascending CHANNEL pattern in daily timeframe. Crossing all time high. Increasing relative strength. Crossing 52 week high. Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!
The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove....
As we discussed, the Banknifty sideways and bullish structure market gave a volatile move in the uptrending channel range, as we discussed in case 1. If we look at the chart now: The market took very nice support from 200 EMA and is moving in an uptrending channel. The market is also making an inverted Flag & pole pattern, which is a bearish pattern. If...
BUY ADANIENT ABOVE 3400 AND BREAK OUT AT 3400. NEED TO SUSTAIN ABOVE THAT LEVEL. TARGET 1 - 3650 SL - 3200 FOLLOW RISK REWARD Disclaimer - videos, presentations, and writing are only for educational purposes and are not intended for investment advice. I can't promise the accuracy of any information provided. please consult with your financial advisor.
Good fundamentals good sector strenght volume movements cmp 449.85 sl 400 target 585
As we discussed, Nifty had a bearish structure; It has fallen by 287 points. If we look at the chart now: The market is trading in the bearish zone below 200 EMA. The market has taken support from the 0.50 Fib level while making a Morningstar pattern with a very nice volume spike. Price is trading below EMAs, showing a weak bull structure. If we look at...