BSE Ltd Breakout: High Volume Surge and Buy Signals!🚀 BSE Ltd Breakout Alert! 🚀
📊 Current Market Price (CMP): ₹3,896
🔍 Breakout Levels:
✅ High volume breakout observed across Daily, Weekly, and Monthly charts.
📈 Oscillators showing a Buy Signal.
📉 MACD confirms a Buy Signal as well.
🔑 Stop Loss : ₹3,650
🎯 Target : ₹4,375
Disclaimer : This analysis is for educational purposes only. Please don't follow this study blindly. Do your own research or consult with a financial advisor before entering any trade. Always trade with caution and risk management!
#BSE #StockMarket #TechnicalAnalysis #Breakout #Nifty #TradingTips #MarketStudy #StockTrading #RiskManagement
Breakout
Bitcoin will exit from pennant and continue to fall to 59KHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some days ago entered to wedge, where it at once rebounded from the resistance line and fell to the support line, breaking the support level. After this movement, BTC started to grow and soon reached 57600, which coincided with the support area, broke it, and made a retest. Then it a little, after which made a correction to the support level and then made an impulse up to the resistance line of the wedge, which coincided with the 64000 level with the seller zone. Bitcoin some time traded near this level and later broke it, after which even exited from the wedge, but then it started to decline inside the downward pennant. Later price broke the 64000 level and dropped to the support line of the wedge, turned around and in a short time rose to the resistance level, but a not long time ago it turned around and fell to the support line. Now, the price trades near this line and I think it can rise a little and then continue to decline, thereby exiting from the pennant. For this case, I set my TP at 59000 points. Please share this idea with your friends and click Boost 🚀
Bitcoin can exit from triangle and continue to declineHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a few moments ago entered a downward pennant, where it soon declined to the resistance level, which coincided with the seller zone and broke it. Then the price dropped to the support level, and even later entered the buyer zone, where it reached the support line and at once turned around and started to grow. In a short time later BTC reached the resistance line of the pennant, exited, and then made the correction. After this, the price rose to the 63300 resistance level, broke it, and even rose higher than the seller zone, but soon turned around and started to decline inside the downward triangle. Price broke the 63300 level and fell to the support level, where some time traded near and later dropped to the support line of the triangle. Soon, BTC turned around and broke the support level one more time and grew to a resistance level, but a not long time ago it turned around and fell to the support line of the triangle. So, in my opinion, BTC can rise a little and then rebound down, thereby exiting from the triangle. Also then it can continue to decline, therefore I set my TP at 61200 points. Please share this idea with your friends and click Boost 🚀
Bandhan Bank - Magic Waiting to Happen !!Magic Waiting to Happen: Bandhan Bank's Weekly Chart Overview
- The downtrend line since 2020 has been a key resistance level.
- ₹250 and ₹200 have served as a consolidating range's upper and lower boundaries.
- You can now access our structured charts for all Nifty 500 companies . Check the signature column below for more info.
- Recent base formation suggests accumulation, supported by a surge in volume.
- The stock has gained momentum following the RBI's nod for a change in MD, CEO.
Bandhan Bank is currently coiling up for what looks like a significant breakout. With the downtrend line as the final hurdle and volume picking up, the chart suggests that magic is waiting to happen. A break above the resistance zones could trigger a bullish trend reversal, so it's worth keeping a close watch on this stock in the coming weeks.
DISCLAIMER: The information provided here is for educational purposes only and does not constitute financial advice or a recommendation to buy, sell, or hold any security. Stock market investments carry risk, and you should consult with a qualified financial advisor before making any trading decisions. Past performance is not indicative of future results.
BITCOIN - Price can bounce down from wedge to $59000 pointsHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price declined to support line and at once bounced up to $60900 level and soon broke it.
Then, price made retest and continued to move up to resistance line, after which it turned around and declined to support line.
Next, price rose to resistance line, but soon started to decline inside wedge, breaking $64300 level at once.
After this, price fell to support line of wedge and then bounced up to resistance line, after which started to fall.
In a short time, BTC fell to support line of wedge, but recently it rose higher than $60900 level, breaking it.
Now, I think that price can rise slightly and then bounce to $59000, breaking support level and exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
PHB ANALYSIS🚀#PHB Analysis :
🔮As we can see in the chart of #PHB that there is a formation of "Falling Wedge Pattern". Also there is a breakout and retest of the pattern and currently retesting the major support zone. Expecting a bullish move in few days.📈
🔰Current Price: $2.100
🎯 Target Price: $2.800
⚡️What to do ?
👀Keep an eye on #PHB price action. We can trade according to the chart and make some profits⚡️⚡️
#PHB #Cryptocurrency #TechnicalAnalysis #DYOR
DYM/USDT: READY FOR AN ATH!!Hey everyone!
If you're enjoying this analysis, please give it a thumbs up and follow!
DYM is showing strong potential! It’s breaking out of a symmetrical triangle on the daily time frame and looks primed to test its all-time high (ATH). Consider buying now and accumulating more on dips for maximum profit.
Entry range: CMP and accumulate up to $1.48
Short-Term Targets: $2.20 / $3.34
Long-Term Targets: $5.16 / $6.96 / $8.40
Stop Loss (SL): $1.11
What do you think of DYM's current price action? Are you spotting a bullish setup? Share your thoughts and analysis in the comments below!
Berkshire Hathaway Testing Crucial Levels: Will the Bulls WIN? Berkshire Hathaway (BRK.B) is approaching key levels that could dictate its next big move!
Upside Potential : A break above $465.04 could push the stock toward the next target at $473.18, where bulls are likely to step in for a rally. Watch for increased momentum if price closes above these resistance levels.
Downside Risk: If the stock fails to hold the current support around $459, a drop toward the lower support zone at $448.29 could be in play. Bears should be ready for action if the price breaks below this level.
Stay sharp, traders—both scenarios present strong opportunities. Keep an eye on price action and volume!
Happy Trading
Mindbloome Trader
Meta (META) Testing Key Levels: Breakout or Breakdown? Evening Traders
Meta (META) is currently trading in a key range, and the next move could be significant! 📊
Upside Potential: If META breaks above the critical resistance at $596, we could see a rally toward the next target of $600.44. 📈 Bulls should watch for momentum above this level as a potential breakout zone.
Downside Risk: A failure to hold the current support at $582.99 could see META retrace toward the next major support at $569.35. 📉 Bears will be eyeing a break below this level for further downside action.
Stay alert for a strong move in either direction! This chart is loaded with opportunities for both bulls and bears. 🔥
Mindbloome Trader
Happy Trading :)
TESLA Breakdown or Bounce? Critical Levels You Cant Miss!!!!Tesla (TSLA) just broke below a critical level, and now all eyes are on the $213 support. 📉 If bulls defend this zone, we could see a strong bounce toward $236 and beyond. However, if we lose this support, expect a drop to the next target at $207 and possibly down to $189. 📉
⚡ Stay alert, traders—this could go either way! Watch for volume and price action around these levels. Are you ready to catch the move? 🚀
MB Trader
NVDA Breakout or Rejection? Major Levels to Watch NVDA is at a make-or-break point, and it’s time to pay attention! 🔥
Key Resistance:
👉 $137 is the line in the sand! A breakout above $137.49 could send NVDA rocketing higher. 📈
Key Support:
👀 If the rejection happens here, look for price to drop into the $132-$133 zone, where fresh opportunities might open for the bears. 📉
📌 Keep these levels on your radar — it’s shaping up to be a high-volatility move! Are you ready to take advantage? 🌊
MB Trader
Swing Trade Setup for SATINDLTD & RPEL | Weekly & Daily TimeframSwing Trade Setup for SATINDLTD & RPEL | Weekly & Daily Timeframe Analysis
In this video, I provide a detailed swing trade setup for SATINDLTD and RPEL, analyzing both the weekly and daily timeframes. Using price action strategies, I identify key breakout zones, support/resistance levels, and potential trade entry and exit points. The focus is on capturing medium-term moves based on technical patterns that align with a strong risk-reward ratio.
Whether you're a seasoned trader or just getting started, this analysis offers valuable insights for your trading strategy. Make sure to watch until the end for my conclusions on the overall trend direction and targets.
TIA - Buckle Up: A Breakout is on the Horizon!I was waiting for another setup, and it’s finally here just before the weekly close! 📈
I expect this trade to hold above $5.23 for the first few days of the week. Once the base is established, I believe we could see new highs around $7 🚀, with a potential retest of $11 💰.
Check out my previous post; this has been on fire lately! 🔥
LSE:TIA will see new highs!
New Technologies Can Push Stocks to New HighsNYSE:CAT easily moved above the resistance highs from March and out of its sideways trading range, making new highs. The white candle on lower volume was interesting: intraday showed pro traders in control toward the end of the day as retail traders and smaller funds started selling prematurely. A resting pattern would be a lower-risk entry to prepare for the breakout.
Caterpillar, Inc. has new technologies coming to market. The company unveiled its new technologies for mining on Sept 24, 2024. It reports earnings on October 29th. If you are trading or holding this stock, check support levels but be patient.
SLF WYCKOFF WYCKOFF accumulation/distribution pattern on the SLF chart. Could this be the start of a reversal and a move up?? I think it could.
My reason is as a fresh new coin this is good for a Bullrun, little to no selling pressure as price rises due to no bag holders selling at break even from previous bull cycles.
A rounded bottom structure can provide a base for price to rally from, it proves a growing confidence from buyers, once the top of this mini range gets breached and accepted above it's a great breakout play.
ATH is at +156% from current price, and as I stated before there is little to no selling pressure on the way up either which will help this to grow quickly once it gets going. A project that is in its first Bullrun in price discovery is a great combination!
Euro can break support level and continue to declineHello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago entered to pennant, where it at once made an upward impulse from the support line to the support level, which coincided with the support area. Then it rose higher than the 1.0930 level, but soon fell back to the support area, where some time traded and then finally broke the 1.0930 level. Next, EUR continued to move up to the resistance level, which coincided with the seller zone, and even broke it and reached the resistance line of the pennant. But after this, the price turned around and in a short time declined to support line of this pattern, breaking the 1.1105 level again. Later, EUR quickly rose back to the resistance line, but soon turned around and made an impulse down to the 1.0930 support level, thereby exiting from the pennant and breaking the resistance level one more time. Also recently, the price rebounded from the support level and started to grow. For this case, I think that the EUR can rise a little more and then break the support level and continue to decline. That's why I set my TP at 1.0850 points. Please share this idea with your friends and click Boost 🚀
EURO - Price can grow to resistance area and then continue fallHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some days ago price fell to resistance area, but soon broke $1.1005 resistance level and entered to flat.
In flat, price in a short time rose to $1.1175 level, which coincided with one more resistance area.
Also, EUR entered to this area, but soon turned around and made correction movement to $1.1005 level.
Then price made upward impulse resistance area, which coincided with top part of flat, but soon started to decline.
Euro made fake breakout of $1.1175 level and fell near resistance line, exiting from flat and breaking $1.1005 level too.
In my mind, price can grow to resistance area and then it bounce down to $1.0850
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin - It Will Reach $100.000!Bitcoin ( BITSTAMP:BTCUSD ) will break out soon:
Click chart above to see the detailed analysis👆🏻
Everything, and I literally mean everything, is bullish on Bitcoin. The previous cycles, timeframes, market structure and price action are all pointing towards the continuation of the bull run which started in 2023. And a breakout above the all time high, is the next trigger.
Levels to watch: $70.000, $100.000
Keep your long term vision,
Philip (BasicTrading)
ABB India Ltd - Potential Breakout Targeting ₹9,130This analysis focuses on ABB India Ltd , where the stock is exhibiting a potential breakout from its recent consolidation phase, suggesting an upward move toward ₹9,130, which is 9.39% higher from the current level. The chart includes Fibonacci retracement levels, key trendlines, and technical indicators.
Key Highlights:
Current Price : ₹8,510.30
Fibonacci Retracement:
61.8% retracement level around ₹8,835 has been broken, which is a bullish sign.
Price is expected to reach the 100% retracement level at ₹9,130.75, indicating further upside potential.
Trendline Breakout
: The stock has broken out of a descending triangle, confirming a breakout, which is supported by increasing volume and momentum.
Technical Indicators:
RSI: Shows a gradual rise, indicating growing bullish momentum.
Moving Averages: The stock is well above its 50-day and 200-day moving averages, reinforcing the bullish trend.
Key Levels to Watch:
Resistance: ₹9,130.75 (100% Fibonacci retracement).
Support : ₹8,084 (50% Fibonacci retracement).
Conclusion:
With the breakout above the descending triangle and the stock holding above key Fibonacci levels, ABB India Ltd appears set for an upside move toward ₹9,130 . Traders should watch for sustained volume and monitor support levels in case of pullbacks.