SWING IDEA - VENUSREMNSE:VENUSREM seems to be freshly coming out of the Cup and Handle Pattern. Co-incidentally, its is also at a Support/Resistance Level of 404.
It can also be noticed that there was a Convergence Divergence at the MACD Crossover a couple of years ago. After which, we see a another good MACD crossover happening at a crucial level, where the Cup & Handle Pattern also completes, exactly near the Support/Resistance zone.
If all is well, this Setup can play well at least until the next Swing High Level.
Buyopportunity
A risky yet legitimate Head 'N' Shoulders pattern on 4HR FTMUSA
So long as the BTCUSD price holds up during weekend trading this might pop to the upside soon, let's see how it plays out or if I get hammered down. There are opposing sell Head 'N' Shoulders setups on this same trade which complicates things a bit.
Ethereum remains stuck in the same liquidity zoneEthereum remains stuck in the same liquidity zone. It has shown a bit of strength in the past few days, but the buying pressure is still not enough.
I invite you to check out my analysis on Bitcoin, as it’s currently in a bullish pattern that will cause Bitcoin to take off very soon, which will pull the entire crypto market, including ETH, along with it. So, for now, we are still in the same zone I indicated several weeks ago and moving sideways.
Thank you for supporting my analysis. For now, it's just a matter of waiting and continuing to buy for the next breakout!
Best regards.
Buy ITC aggressively CMP 492, Target-580 within a month.Technically we see a formation and breakout of Bullish Pennant chart pattern. Also we can confirm its strength from being continuously above all the short term averages even in market downside. ITC is a star performer and our last buy call at the bottom price of 425 worked very well. At higher levels also, surprisingly again it is in buy radar after formation and breakout of a beautiful chart pattern.
Last month Quant Mutual Fund bought ITC shares worth 3,669 crores. This is a big plus news as Quant MF are trending in MF industry due to their good buying decision and consistently outperforming the market benchmark returns. All the big institutions and Brokerage house already gave the target of 550 plus and technically it is confirming the same.
We feel that still there is a lot of value unlocking left in this counter due to their multiple businesses working so well as compared to the peers in the respective industry and still it is just valued majorly on based of Tobacco business. Demerger going ahead is the key to value unlocking and this share can quote even value of 750-800 soon and this is not hypothetical figure but based on real possible valuation in near term as well. So, buy this stock aggressively and you might think that the stock in last month already gone up and you might wait for the dips which might cost you a good opportunity as the big hand may not give you the dips unless there is a big fall in nifty itself. With regards to Nifty, it can give strong positive contribution to nifty movement and support nifty if other nifty stocks correct.
SWING IDEA - JKTYREWeekly MACD is about to make a crossover on NSE:JKTYRE . Once this crossover happens successfully, it could trigger a good move upward.
Company seems to be performing really well since last few years. We also have some good positive ratings as well from Analysts and good Earnings Report as well.
While the weekly charts looks good, the Monthly chart is not entirely convincing yet. Take this trade based on your Risk Appetite and Risk Management.
SWING IDEA - LAOPALANSE:LAOPALA seems to be following the pattern as showing in the Chart for the last 3 years now.
There is also a MACD cross which has just happened few weeks back indicating a move upward. This is the only MACD cross after almost 2 long years.
310 is also the current Support level which needs to be maintained in order for this Pattern and Setup to resume its momentum.
Do take this Trade only based on your Risk Appetite.
IRFC Breakout Done.
Consolidation also done.
Good for Short term.
Target 190.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
EUR/USD BUY Consider entering long positions near the upper range of the OB zone. Set a stop loss below the OB for protection. The initial target could be the lower bound of the FVG, with potential to extend to the upper bound if momentum is strong.
Key Points:
Entry: Near the top of the OB zone
Stop Loss: Below the OB
First Target: Lower bound of FVG
Extended Target: Upper bound of FVG
WIFUSDT Double BottomWIFUSDT Technical analysis update
WIF price is breaking the double bottom neckline on the daily chart, and the price has broken above the 100 EMA. We can expect a strong bullish move in the coming days.
Buy zone : Below $2.45
Stop loss : $1.97
Take Profit 1: $2.85
Take Profit 2: $3.60
Take Profit 3: $4.85
MSTR | Potential Reversal We are currently observing interesting price action at the Purple Line - Strong Pivot level on MSTR. The price has been in a clear downtrend but recently found support at this key level. Here’s a breakdown of what’s happening:
✅ Key Support Level: The Purple Line - Strong Pivot level has provided support, preventing further decline for now.
⚠️ Price Action: After a strong bullish bounce, the price shows indecision with small-bodied candlesticks.
✅ Volume Analysis: There is an increasing relative volume average, indicating heightened interest and activity at the support level. The bounce was accompanied by a significant volume spike, suggesting strong buying interest.
➡️ Potential Trading Strategy:
Wait for Confirmation: Look for further bullish confirmation, such as a continuation of higher volume on bullish candlesticks or a break above recent highs.
Entry Point: Consider entering a long position if bullish confirmation is observed, with a stop loss placed just below the Purple Line - Strong Pivot level to manage risk.
Target: Potential upside targets include $1500 (Gray dashed line)
Caution: If the price fails to sustain above the Purple Line - Strong Pivot level and volume declines, the downtrend may resume. Monitor the price action and volume closely for further signals.
Stay tuned for more updates and happy trading! 🤘🏻🤑
ULTA Looking SPICY for an UP MOVE!ULTA is looking absolutely spicy for an up move! We're in a strong pivot zone (both internal and external) with increasing RVOL and high volatility. This is the recipe for a huge explosion. Just like I predicted NASDAQ:INTC 's explosive move before it happened earlier today! Now, we need to look for the continuation of increasing RVOL while the price stays in the pivot zone.
Key Points to Watch:
Strong Pivot Zone ✅
Increasing RVOL 📈
High Volatility ⚡
Get ready for a potential breakout! 💥
Buy XAUUSD A favorable opportunity to buy XAU/USD within the range of 2412.2 to 2440.6. The uptrend is supported by the Producer Price Index. Consider leveraging this momentum for potential gains. Engage with caution and monitor the price movement closely to capitalize on this market signal effectively. Happy trading!
Buy ITC cmp 425.50, target minimum 480, SL-399Fundamentally and technically sound, ITC is a perfect buy looking at overall market conditions which is currently on high valuations. At current price, ITC provides a value comfort and technically this stock has done a price and time correction at the same time. Currently we see that chart is forming Inverted Head & Shoulders pattern on a daily time frame which is extremely bullish pattern and indicates the reversal of downfall and bottom formation. Aggressively buy this stock at 425-430 levels and wait patiently for a minimum target of 480, stop loss at 399.
BEPL WEEKLY BREAKOUTBEPL gave a weekly breakout and looks strong in the technicals. A big move can be expected if the breakout is successful (which seems so, can wait a few days to check the retest candles and other confirmation candles). The price has broken through after a huge gap of almost MORE THAN 5 YEARS.
**This is not a buying recommendtion, and is for educational purposes**
Feel free to share your opinions down below. Have a great trading day.