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SWING IDEA - JAMNA AUTOJamna Auto Industries Limited , a key player in the automotive sector, is showing promising technical signals for a potential swing trade opportunity. Reasons are listed below : Jamna Auto's chart displays a bullish cup and handle pattern breakout, indicating a reversal in the trend. A bullish engulfing candle on the weekly timeframe signals a potential uptrend reversal. Trading comfortably above the 50 and 200 EMAs on the weekly timeframe suggests strong bullish momentum. Breaking out of a consolidation range spanning over two years indicates a shift to a trending market. Approaching a new all-time high suggests further upward potential. A sudden surge in trading volumes accompanies the recent price movement, indicating growing market interest. Target - 150/160 StopLoss - weekly close below 114 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:JAMNAAUTOLong
by Visionary_Growth_Insights
5
SWING IDEA - SAPPHIRE FOODS INDIASapphire Foods , a leading player in food and beverage industry, emerges as a potential swing trade candidate. Reasons are listed below : Ascending triangle pattern breakout observed, suggesting potential bullish continuation. Bullish engulfing candle on the weekly timeframe, engulfing the previous 13 weekly candles, indicating a strong bullish reversal. Breakout signals the end of a consolidation phase lasting over 2 years, suggesting a release of pent-up buying pressure. Trading near all-time high, reflecting robust bullish momentum and investor confidence. 50-period exponential moving average (EMA) on the weekly timeframe providing significant support, reinforcing bullish sentiment. Target - 1780 // 2000 StopLoss - weekly close below 1350 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:SAPPHIRELong
by Visionary_Growth_Insights
ZIG/USDT: Potential Bullish Reversal After Key Support Retest#ZIG/USDT #Analysis Description --------------------------------------------------------------- + ZIG/USDT is currently testing a critical support zone around $0.115 after a strong bullish rally. + The 100-day EMA is acting as dynamic support, suggesting a potential bullish reversal if this level holds. + RSI is around 43, indicating a neutral stance with the possibility of an oversold bounce, leading to higher targets. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: Around $0.115 on support confirmation or above $0.145 on a breakout Stop Loss: below $0.09 ------------------------------ Target 1: $0.145 Target 2: $0.21 Target 3: $0.24 ------------------------------ Timeframe: 1D (Daily) Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
MANAUSDT Comprehensive Technical Analysis✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day. 📅 Let's dive into today's analysis, focusing on the MANAUSDT pair in the crypto market. 🗂 About the Project: Decentraland (MANA) is a decentralized virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications within this virtual world. MANA serves as the cryptocurrency used within the platform for transactions such as purchasing land and goods. 📅 Weekly Timeframe Analysis In this timeframe, MANA has experienced significant movements. Recently, it saw a downward trend, reflecting a broader market decline. MANA is currently testing a crucial support level around $0.1716 after a prolonged correction phase. 📈 If MANA stabilizes above $0.4133, we can anticipate bullish momentum potentially pushing the price towards the next resistance at $0.7816. Confirmation of a new upward trend will depend on candle stability above this level. 📉 Conversely, if MANA falls back into the range between $0.1716 and $0.4133 and stabilizes below $0.1716, it indicates a bearish trend continuation. The next critical support level would be around $0.1300. In both scenarios, volume analysis is crucial. A healthy trend should be supported by corresponding volume without any divergence. 📅 Daily Timeframe Analysis On the daily chart, MANA ranged around the $0.4133 level before initiating another downward wave. Currently, there is noticeable bearish momentum, and the price has found temporary support at $0.2890. 🧲 Given the current setup, stabilization below $0.2890 could signal another bearish wave. On the flip side, if the price moves above $0.3932, it could indicate the start of a bullish trend, targeting higher resistance levels. 📅 4-Hour Timeframe Analysis In the 4-hour timeframe, MANA has pulled back and reached the support at $0.2890. Volume analysis shows a decrease, indicating potential exhaustion of the recent downward movement. 📈 For short positions, the key levels to watch are $0.3158 and $0.3932, where price reactions could provide better entry points. 📉 For long positions, critical levels are $0.2890 and $0.2616. 📊 RSI Oscillator The RSI is currently ranging between 20.73 and 37.93 on different timeframes. Breaking these levels could provide confirmation for opening positions. However, always use these levels in conjunction with candle patterns and volume analysis to find the best entry and exit points. 📉 Given the current bearish signals in the daily and 4-hour timeframes, alongside the potential trend change in the weekly timeframe, I am inclined to open a short position. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans. ⚠️ Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
by itsparham96
1
KSMUSDT Analysis: Potential Reversal or Further Decline?✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day. 📅 Let's dive into today's analysis, focusing on the KSMUSDT pair in the crypto market. 🗂 About the Project: Kusama (KSM) is an experimental blockchain platform designed to provide a proving ground for new technologies. It serves as a sister network to Polkadot, allowing developers to build and deploy decentralized applications (dApps) quickly and with lower risk. 📅 Weekly Timeframe Analysis In this timeframe, KSMUSDT has experienced notable fluctuations. The price reached a significant peak before entering a correction phase. Currently, KSM is trading around the $21.18 level, with a key support at $17.38. A stabilization above $24.35 could signal a bullish trend, potentially targeting $37.42 and $55.99. However, a failure to hold above $17.38 might lead to further declines, with the next major support at $14.50. 📅 Daily Timeframe Analysis On the daily chart, KSMUSDT has shown a bearish trend with the price consolidating around $20.44. The key resistance levels are at $24.23 and $27.00. A break above these levels could indicate a shift to a bullish trend. On the downside, a break below the $16.72 level might lead to further bearish movement. The RSI currently stands around 43.95, suggesting potential bearish momentum. 📅 4-Hour Timeframe Analysis In the 4-hour timeframe, KSMUSDT is consolidating near the support at $20.05. A drop below this level could signal further declines towards $16.63. Conversely, a move above $21.20 could indicate a short-term bullish reversal, targeting resistance at $24.28. The RSI is around 47.61, indicating a neutral to bearish sentiment. 📊 RSI Oscillator The RSI is currently ranging between 37.54 and 47.61 on different timeframes. Breaking these levels could provide confirmation for opening positions. However, always use these levels in conjunction with candle patterns and volume analysis to find the best entry and exit points. 📉 Given the current bearish signals in the daily and 4-hour timeframes, alongside the potential trend change in the weekly timeframe, I am inclined to open a short position. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans. ⚠️ Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
by itsparham96
1
Navigating the Waves: Elliott Wave Theory and Key IndicatorsEducational Technical Analysis on example chart of UFO Moviez India Elliott Wave Analysis and Key Moving Averages Disclaimer This study is for educational purposes only and does not constitute trading or investment advice. The analysis presented focuses on one potential scenario based on Elliott Wave Theory and other technical indicators. Trading and investing involve substantial risk, and individuals should consult a financial advisor before making any decisions. Introduction to Elliott Wave Theory Elliott Wave Theory is a form of technical analysis that traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective activities. The theory posits that stock prices move in predictable patterns or "waves" based on investor sentiment. Principles of Elliott Wave Theory 1. Wave Patterns: According to Elliott, market prices move in five waves in the direction of the main trend (impulse waves) and three waves in a correction against the main trend (corrective waves). 2. Wave Degrees: Waves are fractal in nature, meaning that smaller waves form part of larger waves, and this pattern repeats on all time frames. 3. Wave Characteristics: - Wave 1: Usually the smallest impulse wave. - Wave 2: Corrects Wave 1 but does not exceed its starting point. - Wave 3: Typically the strongest and longest wave. - Wave 4: Corrective wave that is usually less severe. - Wave 5: Final leg in the direction of the main trend. Current Analysis of example chart of UFO Moviez India Based on the chart and Elliott Wave Theory, UFO Moviez India is currently suggesting an impulsive and momentum-driven 3rd of the 3rd wave ahead, with an invalidation level at 106. Key Observations: 1. Wave Count: - Wave (1): An initial 5-wave impulse has completed. - Wave (2): A corrective ABC pattern. - Wave (3): Currently unfolding with sub-waves i, ii, iii, iv, and v marked. - Wave 3: In the larger context is forming. 2. Breakout: - There is a breakout above the downward trendline with good volumes, indicating strong bullish momentum. 3. Key Moving Averages: - Price Trading Above: - 50 EMA, 100 EMA, and 200 EMA - 50 WEMA, 100 WEMA, and 200 WEMA - Crossed above 20 MMA Technical Indicators and Levels - Price: 148.54 INR (as of the latest close) - Support Levels: - Nearest Invalidation Level: 106 INR - Major Support: 57.20 INR - Resistance Levels: - Immediate Target: 175.58 INR (Wave 1 of larger degree) - Fibonacci Extension Target: 220.51 INR (1.618 extension of Wave 1) Conclusion The Elliott Wave analysis of example chart of UFO Moviez India indicates a potentially strong bullish trend as the stock is in the 3rd wave of a larger impulse. The breakout above the trendline with significant volume further supports this bullish outlook. However, it is crucial to monitor the invalidation level at 106 INR, as a break below this level could invalidate the current wave count and suggest a different scenario. Educational Purpose Notice This analysis is provided for educational purposes only. It is not an investment or trading advice or tip. Trading and investing in financial markets involve risk, and it is important to do thorough research and consult with a financial advisor before making any investment decisions. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:UFOEducation
by RK_Chaarts
2
... Pure Technical Tukka ... KHADIM INDIA LTD ... NSE:KHADIM as per Studies Thought by Institutions ... we are assuming -6.6 % of SL and Going for the Target of +24.15% ... That means ... we are Maintaining around 1:4 RR (Risk Reward Ratio) This Trade is Pure Tukka ... Fundamental Ratio's Are Not Satisfying ... Every Analyst Would Say that Stay Away From Khadim India Ltd ... Then Why Our Page is Sharing This Stock As Buying Suggestion ? Entering a Trade with a STOP LOSS ... SL of -6.6% .... is not a Bad Practice .... if anyone is Afraid of SL then He/She should stop or quit Trading ...
NSE:KHADIMLong
by iism-ExpertTrading
EURCAD Forex Pair Analysis: Market Trends and Key Levels✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day. 📅 Let's dive into today's analysis, focusing on the EURCAD pair in the Forex market. 🗂 About the Pair: The EURCAD pair represents the exchange rate between the Euro and the Canadian Dollar. It's influenced by factors such as European and Canadian economic data, central bank policies, and global market sentiment. 📊 Weekly Timeframe Analysis In this timeframe, EURCAD has shown significant range-bound movement. The pair is currently testing a key resistance level around 1.50153, with major support found at 1.29621. The RSI indicator shows a reading of 62.21, suggesting the market is nearing overbought conditions but not at extreme levels yet. 📈 If EURCAD breaks above 1.50153, we could see further bullish momentum, potentially reaching towards the next resistance level at 1.57769. 📉 Conversely, if the price fails to break through and reverses, a pullback towards the support level of 1.43037 could indicate a bearish trend continuation. 📊 Daily Timeframe Analysis On the daily chart, EURCAD has been trending upwards since early 2023, with the current price action testing the resistance around 1.50153. The RSI at 63.44 reflects bullish momentum but is close to overbought territory. 🧲 A breakout above 1.50153 could signal a continuation of the uptrend, targeting higher levels. 📉 However, a reversal or stabilization below 1.49002 may indicate a weakening of the bullish trend and potential for a correction. 📊 4-Hour Timeframe Analysis In the 4-hour timeframe, EURCAD recently experienced a strong bullish impulse, followed by a consolidation phase. The pair is currently testing resistance at 1.50182. 📈 For long positions, a breakout above 1.50182 could provide an entry point, with targets at 1.51000 and beyond. 📉 For short positions, key support levels to watch are 1.49188 and 1.48730, with a potential for deeper retracement towards 1.47733. 📊 RSI Oscillator The RSI across the timeframes is currently indicating a mixed outlook: Weekly: 62.21, close to overbought Daily: 63.44, nearing overbought 4-Hour: 46.58, neutral with room for both upside and downside A clear break of the RSI levels, combined with price action confirmation, could help identify potential trade entries. 🧲 Conclusion Given the current bullish momentum in the weekly and daily timeframes, a short-term long position could be considered if EURCAD breaks above 1.50153. However, caution is warranted as the pair approaches resistance, and the RSI suggests potential overbought conditions. A watchful eye on support levels and volume trends will be crucial for assessing the strength of any moves. ⚠️ Please note that this is not financial advice. I'm simply providing this analysis for educational purposes. Always do your own research and consider your trading strategy and risk management plan. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a pair you'd like me to analyze next.
by itsparham96
MDT ANALYSIS🔮 #MDT Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #MDT. It's a daily time frame breakout and we will see more higher price in long-term. After a successful retest, we could see proper a rally  📈📈 💸Current Price -- $0.04472 📈Target Price   --  $0.11320 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #MDT  #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts