Technical
BANK NIFTY INTRADAY LEVELS FOR 23/11/2023BUY ABOVE - 43460
SL - 43400
TARGETS - 43560,43680,43770
SELL BELOW - 43250
SL - 43350
TARGETS - 43050,42800,42620
NO TRADE ZONE - 43250 to 43460
Previous Day High - 43680
Previous Day Low - 43250
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
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Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
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Bullish Wedge pattern breakout in GLENMARKGLENMARK PHARMA LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Bullish Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 875+.
✅Can Go Long in this stock by placing a stop loss below 745-.
Cardano bullish idea.After taking a swing at the elusive $0.40 target last Wednesday (11/15/2023), ADA got a taste of rejection. But, true to form, the next day, Cardano dusted itself off, shrugged off the setback, and made a bloody good comeback.
Now, pay attention. Picture Cardano strutting back into the ring, ready to take on a new, formidable resistance level. The bulls are eyeing triumph, and breaking through? Well, that's the key to unlocking a potential surge in Cardano's overall value. I'm eyeing the $0.50 - $0.60 territory.
GOLD ready to push for 2140 and the 618 extension?Gold has recently broken out of a bearish channel has retraced back to the 382 fib level. This predicts that price will head towards the 618 extension located at the 2140 region highlighted.
Price reacted nicely within the buy zone between 382-618 levels and is not poised to push higher.
BULLS PLAN:
- Buy dips at support and wait for role reversals
- Use lower time frames to enter into long positions and keep stop loss at sensible levels
BEARS PLAN:
- Wait for resistance levels and look for key data releases
Gold XAUUSD Intraday Signal 14-11-23R3 LRS 1988-93
R2 MRS 1968-73
R1 HRS 1948-53
S1 HRB 1938-43
S2 MRB 1928-33
S3 LRB 1918-23
These are the Supports and Resistances for the Intraday based on H1 Fibo levels combined with larger time frames SNRs.
FOR DETAILS ON HOW TO AND WHERE TO TAKE AN ENTRY. PLEASE VISIT MY PROFILE TO GET THE VIDEO LINK FOR FREE
Shibausdt ,, tecnicall analyst 🐕From the number 663 in Shiba, we have been placed in the ascending channel, I also specified the ascending channel in (Rsi). Now we are waiting for the psychological number of 1000 for Shiba, in which Shiba has always reacted. So in the number 1000 . Maybe this will happen with a downward pullback, but it will happen very quickly, and it will continue its growth path soon, great choices always give great answers. Be profitable🌹
Reversal Rising Wedge pattern in COLPALCOLGATE PALM (INDIA) LTD
Key highlights: 💡⚡
📈 On 1 Day Time Frame Stock Showing Reversal of Rising Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Below 2030-.
📈 There have chances of breakdown of Resistance level too.
📈 After breakdown of Resistance level this stock can gives strong downside rally upto below 1900-.
📈 Can Go short in this stock by placing a stop loss Above 2200+.
Resistance above the next challenger for GOLDGold broke out of a recent uptrend to form a correction through positive US data and peace strategies in Gaza.
Price now finds itself hovering around 1990 with a level of resistance above in the region of 1991-1993. Price on the 4hour has also pushed lower to push off the 50/55 moving averages, prompting a possible double top on the cards.
BULLS PLAN:
- Push through this key level of resistance above and kick off a role reversal (change of character) to test highs int he 2010 region
- Watch for entries when this level is broken as currently price is too high currently to enter longs ad price moves into resistance. HIGH RISK
BEARS PLAN:
- Wait for price to reach the resistance level above around 1991-1993 and look for rejection candles
- Lower time frame charts (1m/5m/15m) for price action entry (double tops/lower lows)
- Targets medium to long term will be 1950 region
Gold XAUUSD Intraday Signal 01-11-23R3 LRS 2018-23
R2 MRS 2003-08
R1 HRS 1993-98
S1 HRB 1978-83
S2 MRB 1968-73
S3 LRB 1953-58
These are the Supports and Resistances for the Intraday based on H1 Fibo levels combined with larger time frames.
FOR DETAILS ON HOW TO AND WHERE TO TAKE AN ENTRY. PLEASE VISIT MY PROFILE TO GET THE VIDEO LINK FOR FREE
Coin Watch: Bitcoin (BTC)Hi guys, I've been thinking of how to make useful ideas, and here's what I came up with.
I will be watching useful coins in the top 100, starting with a high timeframe analysis and then continuing on the intraday regularly.
Let's start with Bitcoin, the most popular digital currency, which offers to be your own bank, with a limited supply of 21 millions.
On the weekly chart from above, we clearly are bullish. From the bottom of 15 500$, price is making higher lows and also higher highs, although the pace in new highs is weakening.
The daily chart on the right shows consolidation areas with breaks and currently in an uptrend shown by an ascending channel. It's good to note that the RSI is also rising its support which is a sign of an uptrend.
Now onto the 4 hours:
On monday, a fake news about the Bitcoin ETF went viral on social media, creating a pump in price in just a few hours before correcting once things got cleared out. To me this is the proof that people have been waiting for the news to buy and that it is not priced in yet. Also noting that the open interest is only half way up despise that huge move. We can expect further action in the near future.
Stay tuned!
Total index analysis Crypto Total 2 has broken down the upward channel and has tested the supportbelow it, now we can see this weekly candel is now open and heading upward. besides that we can see an obvious RD + in MACD and MFI. and Elon Musk just tweeted again! so in my opinion we are about to see a pullback to the broken channel and after that we have to see if there is any sign of getting back to the uptrend or that is just a technical pull back and we have to get ready for a massive dump and a long bear market for crypto market .
im bearish until i see areal good sign here. the first target for the market total is retesting 2017 high.
comment your opinions down below:)
TELLOR $TRB going to pop?TELLOR has been quiet for a couple of weeks after the massive pump it experienced. It has retraced down to $41 and been in a redistribution phase since and has levelled out somewhat. The structure still has bullish momentum being above the aug '22 high around $46, which was resistance. If it continues to hold this level and flips it into support, a further push can be expected. The heavy sell liquidity zone is between $64 and $80 (nov '21 high), therefore the market will likely push TRB up to either make a double top or a new high, potentially followed by a massive crash towards the lower sup zone around $30. If price manages to reach $80 and break above it'll be either wicked up and sold off hard, although that will likely happen before overcoming $80, so say it does get above the main resistance zone, then a parabolic move towards ATH at $165 is not far fetched, which would likely result in an aggressive 60-70% dump back to the new found support around $46. It may sound improbable but TRB only has a $125M marketcap making it prone to insane, almost irrational, value increases. The bearish outlook would be confirmed by break of bullish structure and price breaking below $41, this would send TRB into heavy demand zone around $24-$33. Potentially making a bottom there and/or moving sideways. I do not think a visit of $12-$13 is likely, at least in the short term. Marketcap would sink back to FWB:25M -30M, which is less than average daily volume traded in past 60 days. Considering all in all, TRB is going to provide ample opportunities in the short and medium term! Let's get it ;)
Most important level to break for bulls: $56
Most important level to break for bears: $41 - $43
TP bulls: $64 -> $80 -> $164 ((extended(ATH)
TP bears: $33 -> $24 -> 12.9
BINANCE:TRBUSDT BYBIT:TRBUSDT.P MEXC:TRBUSDT.P BINANCE:TRBUSDT.P OKX:TRBUSDT
Gold xauusd intraday signal 11-10-23R3 LRS 1878 Supply Area - R2 MRS 1863 - R1 HRS 1848 SNR
S1 HRB 1848 SNR - S2 MRB 1843 Demand Area - S3 LRB 1833 Demand Area
D1 On Resistance Sma44 – MACRO FIBO MN38.2% /1903
W1 On Support Sma200 / 1814
MN On Support Sma44 / 1827 MN On Support MACRO FIBO MN 50.0% / 1848
SELL> 1963 - 1878 BUY> 1843 - 1833
OBSERVATIONS: We just entered the upper block 1853-1903. The virtual resistance at 1863 did its work to profit us. Secondly, Look how Sma44 intercepted the price and took it to our tp level. There is no change in plan, we wait for the price to test either of SMC supply or demand area. However if again Sma44 intercepted the price within Fibo levels and any other indicator signals a buy then we may enter at that support area. Remember, our working for Intraday is just to pick 50pips for instance and then take our chance on second lot for some more pips. There is no need to show positions in larger time frames today as they have remained same. There is also a high impact 3Star news today that can take the price to our targeted area. So we are not in hurry and we wait with discipline and patience to get our pennies.