[INTRADAY] #BANKNIFTY PE & CE Levels(12/10/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
Investment
INOXWIND breakout SUCCESSFULINOXWIND has given the breakout. as shown on the chart. we can see it has accumalated the quantity for past 3 months. now today has given breakout with nice volume. it will be a good trade with R:R :: 1:3.
Reason:
descending bullish triangle pattern breakout confirmation.
RSI is breaking 60 to upside nice strength in the trend.
Support at VWAP
Successful breakout after 5 months
High Volume is traded today.
Price > EMAs
Verdict:
Highly Bullish
Plan of action:
Buy: 204-208
Stoploss: 195
Target: 232
Power Grid Technical AnalysisNSE:POWERGRID
Power grid is about to give the break out from the long term resistance trend line. When the stock trades with one good bullish momentum then that will be right time to enter the trade.
At the down side 180 range and 120 range are good support zones to keep the stop loss.
GRAPHITE INDIA ready for breakout and bull runGRAPHITE INDIA ,can be now a multi bagger stock if breakout sustains and investors looking for good investment oppurtunity can enter here as safe entry point.
those who are looking for 1-2 years of investment and good returns can enter in a SIP manner to avoid risk of major loss as volume increases investment amount can be increased.
NOTE: Enter only if strong breakup volumes are found
INDOCO gave clear breakout have a lookIndoco remedies gave good breakout with rsi convergence signal as double confirmation.
can reach 420 as per the rule. Below 300 can be bearish reversal.
breakout with good volumes, everything explained on chart.
like and follow for more breakout patterns and investing ideas//thank you.
$25,000 Is The Price To HOLD: New Video Up!In a bull market, this blue horizontal line represents the lowest closing price between the point after all 6 MA's moved below the point of control and the point where all 6 MA's were no longer below the point of control.
This pattern has happened 3 other times in bitcoins history (2011, 2012, 2020, and now in 2023) but has not happened every cycle.
Nevertheless, when this price line is established, the price has never again closed below the line. Will we brake the pattern this cycle? Or will the pattern continue. What are your thoughts?
trend line work support and resistance finally breakout 1) weak chart analysis
2) chart following trend line from 2011 to 2023
3) Trend lines work as support and resistance.
4) December 2009 and July 2011 trend lines work as support
5) 2011 February to July may time work as support and finally break down.
6) this same trend line worked as resistance in august 2014, January 2018 and April 2022
7) August 2014: breakout of this resistance trend line but no sustained upside.
8) Finally, break down bottom level 7 (resistance at 35 and fall down from 40)
9) From bottom level 7 to resistance level 63, it takes 2 years (771% return).
10) from resistance comes down at 9 level
11) may 2022 attempt for break level but not possible that time
12) now this line is breaking out and moving new life time high
13) take 200 as stop loss and get 300-350 first target
no recommendation for buy and sell
NECCLTD LOOKS GOOD ON MONTHLY BASICS Disclaimer : This is strictly for educational purposes only. Please don't take it as investment advice. Stock Market Investment are very risky & subject to Market Risks. Use your discretion & consult your financial Advisor before investing.
NECCLTD MARKET CAP ONLY 154 CR SO PLS DON'T AGGRESIVE ON THIS STOCK .
PROMTER HOLDING INCREASE ON EVERY YEAR
NSE: NECCLTD is closing last month with a bullish breakout candle supported with volumes also show higher high , higher low formation on monthly chart . This volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days or Month . #stockmarket #stocks #investing #trading #investment #money #finance #stock #invest #nifty #investor #business #sharemarket #financialfreedom #bitcoin #trader #cryptocurrency #entrepreneur #sensex #daytrader #stock #wallstreet #wealth #nse #forextrader #bse #stockmarketindia #daytrading
Lessons from MFF's Regulatory Challenge in Forex TradingYesterday, MFF (My Forex Funds) was hit with an unexpected and sudden blow when both the provincial securities regulator in Canada and the commodities regulator in the United States issued orders that effectively prevented them from trading securities or accessing their bank accounts. This significant action was taken without any prior notice or opportunity for discussion.
As a consequence, MFF now finds itself in a state of uncertainty, with its future hanging in the balance. At least until these freeze orders are lifted or modified, the business is effectively frozen as well.
This situation has imparted several important lessons:
1) The Proprietary Trading Firms in the US and Canada are likely embarking on a complex and protracted journey that may ultimately result in the establishment of more robust and transparent regulations within this industry. While the outcome remains uncertain, the hope is that such measures will enhance the safety and security of similar businesses in the future.
2) Given the inherent volatility and uncertainties associated with businesses like MFF, it becomes evident that regularly withdrawing profits is a wise practice. Relying solely on compounding, as enticing as it may be, can leave businesses vulnerable to unforeseen regulatory actions or market fluctuations.
3) This incident underscores the importance of relying on one's own private funds for trading endeavors. While Proprietary Trading Firms offer opportunities for profit, they also expose traders to external risks beyond their control. Maintaining control over personal funds provides a layer of security and autonomy that cannot be easily replicated in external trading environments.
In summary, the events surrounding MFF underscore the constantly changing nature of financial regulation. They emphasize the importance for traders and businesses to remain adaptable and prioritize sound financial strategies in an unpredictable market.
One key takeaway is that while being funded may be an intriguing avenue, it can be challenging to generate substantial revenue. Any such revenue should be deposited into our primary trading account, where it is shielded from external interference, ensuring that no entity can hinder your performance or restrict your trading activities unexpectedly.
The core focus should always be on continuous learning, studying, and improving our trading and investment methods and strategies. This commitment to self-improvement should remain at the forefront of your priorities.
TATA STEEL LTD - 40% ROI - Long TermSYMMETRICAL TRIANGLE in Weekly Time Frame
if this stock breaks 115 level, huge potential comes in this stock
If you are interested in investment, go for it with proper risk.
Overall "TATA STEEL" fundamentally good stock.
Entry level : 115
SL : 102
TARGETS : 125,138,152
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
HAPPY TRADING GUYS
🔥 The Bullish Bitcoin Phenomenon No One Predicted!Lately, my posts have tilted bearish regarding Bitcoin. Following a notable drop in volatility, I anticipated a breakout. Historically, in pre-halving years, we've observed a balance between bullish and bearish trends. Consequently, based on past data, there was a statistical likelihood towards a bearish trend for the latter half of this year.
However, bulls have reasons for optimism. Drawing parallels to the 2016-2017 market phase, Bitcoin experienced around seven crashes ranging from 30% to 40% before reaching its peak at $19,800.
Given that 2023 has already seen three declines of more than 20%, bullish investors might be projecting a similar trajectory to 2016-2017: a steady ascent followed by 'minor' crashes.
Despite these comparisons, I'm somewhat skeptical. The financial landscape has evolved substantially with factors like inflation, fluctuating interest rates, and yield inversion. I project a potential dip to the 20k mark, possibly lower, followed by sideways movements and a resurgence of bullish momentum around November/December.
While I remain cautious, this pattern offers an interesting perspective for discussion, as it symbolizes the primary optimism among the bulls.
What's your take? Will Bitcoin surge again? I welcome your insights. 🙏
VETO Prediction for Swing / Positional TradingVeto Prediction for Swing / Positional Trading
First breakout at Entry 1 level. This entry 1 level was retested. Second breakout at Entry 2 Level. This entry 2 level was also retested. Now it is ready for Entry 3 above 147 close daily basis or you can entry according to your experience.
SLs- 130, 112
Targets- 175,190, 220, 235, 265,…..
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Can anyone tell me which chat patterns are shown up here?
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Request: Please support by Like, follow, comment, share and boost.
Happy trading.
#TradingView #StockAnalysis #veto #TradeOpportunity
About VETO-
Veto Switchgears & Cables Ltd. engages in the manufacture of wires and cables, electrical accessories, industrial cables, fans, CFL lamps, pumps, modular switches, LED lights, immersion heater, MCB and distribution boards. It operates through following segments: Wire and Cables, Lighting & Fittings, and Accessories & Others. The company was founded on June 26, 2003 and is headquartered in Jaipur, India.
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CONFIPET for Swing / Positional CONFIPET Prediction for Swing / Positional Trading
First breakout at Entry 1 level. This entry 1 level was retested. Now it is ready for Entry 2 above 95.5 close daily basis or you can entry according to your experience. Entry 1 level can be restested again before final breakout.
SL- 82
Targets- 101,112,119,130,137,137,148,…
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Request: Please support by Like, follow, comment, share and boost.
Happy trading.
#TradingView #StockAnalysis #confipet #TradeOpportunity
About CONFIPET-
Confidence Petroleum India Ltd. engages in the manufacture and marketing of liquefied petroleum gas (LPG) cylinders. It operates through the Cylinder and LPG Trading & Refilling. The Cylinder segment is involved in the production and marketing operations of cylinder. The LPG Trading & Refilling segment engages in the bottling of LPG and supplies for commercial use. The company was founded on July 21, 1994 and is headquartered in Nagpur, India.
You can follow me in social media through links given below-
GBP JPY - Supply tap or further move in the imbalance?G'day,
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Pink = Consolidative box example (Daily)
Orange = Daily
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual.
Below are some of the take aways from the video - please listen again incase any detail is missed.
Daily
Weekly
Monthly
The monthly controls the way the market moves - so the monthly is showing a strong supply zone.
The imbalance has been tapped - however the monthly close has not indicated yet whether price will fall back to the PCP (weekly pivot) or a long term sell opportunity is present.
Do you enjoy the setups?
Professional analyst with 7+ years experience in the capital markets
Focus on technical output not fundamentals
Focus on investing for long term positional moves
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXIII
TV18 Broadcast...45...Focus for Up MoveTV18 Broadcast
CMP - 45
Stoploss - 34
Probable Target 1 - 62
Target 2- Open
Review at Target 1
Expected Holding Period- 6-12 Months for Target 1
Swing/Investment
Polkadot - key levels - investmentI think $4.585 is a perfect long-term buy zone. Dot has a monthly rangetrend that supports the upward move and some levels.
1st target - would be in the area of monthly resistance at the price of $7.42 - almost 60% profit.
2nd target - would be in the area of weekly resistance at the price of $8.54 - almost 85% profit.
If the Polkadot price never reaches this weekly support, you can buy at $5.55 for 30-40% of your budget, and if the price drops to $4.585 , you can buy the rest.
(ASX:ALL) Staying above 200SMA for couple of weeks> Always enjoying going to my fav place and had an eye on this company for some time.
> Aristocrat Leisure Limited (ASX: ALL) designs, develops and distributes gaming content, platforms and systems, including electronic gaming machines, casino management systems and digital social games. The Company's land-based products are approved for use in more than 300 licensed jurisdictions and are available in over 90 countries. The Group also operates within the online social gaming and real money wager markets.
> Starting nibbling a bit from last couple of weeks.
> Consistent dividend-paying company that to increasing every year.
> due to COVID business is impacted but long term story remains intact as consumer behaviour will not change.
> An opportunity for me to add this in long term portfolio.
🚀 Bitcoin ETF: The Next Gold Rush? Predicting a 470% Surge! 📈Introduction:
As the allure of digital assets continues to surge, it's fascinating to compare the impact of ETFs on a traditional asset like gold with the potential of a Bitcoin ETF.
Main Thesis:
After the introduction of the Gold ETF, its price skyrocketed by an astonishing 470%. This influence can be attributed to increased liquidity, accessibility, and heightened institutional focus on the asset. While a Bitcoin ETF hasn't been launched yet, the near future holds strong prospects, especially with big players like BlackRock and Vanguard showing interest.
Arguments:
Institutional Appetite: With growing attention from major financial entities towards cryptocurrencies, expect hefty investments flowing into Bitcoin. 🏦
Boost in Liquidity: The potential launch of an ETF could see trading volumes soar, resulting in enhanced Bitcoin liquidity and a potential price surge. 🌊
Accessibility: ETFs make Bitcoin more accessible to a broader audience, removing some of the direct ownership risks and complexities of crypto. 🌍
Conclusion :
A 470% growth from current values places Bitcoin's price within the $140k - $170k range. These targets align with my forecasts for Bitcoin's next peak in 2025. Although past performance isn't indicative of future results, the anticipated ETF endorsement signals bullish prospects for Bitcoin. 🌟
❗See related ideas below❗
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