SWING IDEA - OLECTRANSE:OLECTRA Greentech Ltd. has garnered significant interest recently, following the Government of India's announcement of an incentive scheme for electric vehicles (EVs). This development has positively impacted the stock's performance.
Key Observations:
1. Resistance Turned Support: The ₹1640 level, previously a resistance point, has been successfully retested and converted into support (June retest). The stock has since maintained an upward trajectory.
2. MACD Crossover: A bullish MACD crossover is imminent on the weekly chart, indicating building momentum.
3. Swing High Target: A successful crossover could propel the stock towards its previous swing high levels in the coming weeks.
Recommendation:
If the MACD crossover materializes, it could signal a continuation of the upward trend. Investors should monitor the market conditions closely to ensure the trade setup aligns with the anticipated plan.
Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Please conduct thorough research and consult with a financial advisor before making any investment decisions.
Buyopportunity
Very Good buying Area in ENSUSDT to make atleast 15%
the pink zones are Monthly zones
and purple for weekly
i belive this weekly zone inside the monthly zone
is a very good price to but
and the price will ladder upwards from here
as you see my stoploss is under the weekly zone
if this zone breaks we are going down , if the price intend to go high
and ladder up it will use this zone so thats why we should but.
Good luck to all of you guys lets see what happens in next weeks.
LUFFYUSDT high potential pump is ahead The fundamental is perfect: team is trying to push Luffy back and soon we will have +300% pump ahead for start and after that more stable pump is coming and community is strong(checking it for couple of months now + 1% of luffy burned this week again).
The technical : we had some high volume activity these days and also the major reason which we can expect +1000% pump here is low Market cap and the best chart ever, soon red trendline will break to the upside with high volume and then maybe retest and hitting targets are ahead.
DISCLAIMER: ((trade based on your own decision))
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SWING IDEA - DISHTVNSE:DISHTV appears to be forming a Flag Pattern on its weekly chart, indicating potential upside momentum. Despite Monday's market downturn, the pattern has demonstrated resilience, maintaining support levels.
If the pattern holds, we can anticipate a continuation of the upward trend, targeting Swing High levels. This bullish outlook is further reinforced by the company's recent partnership with SEI ROBOTICS to launch the innovative 'DISH TV SMART+ BOX', integrating TV and OTT capabilities across devices.
Key takeaways:
- Flag Pattern formation on weekly chart
- Strong support levels despite market volatility
- Potential upside momentum towards Swing High levels
- Positive news catalyst: Partnership with SEI ROBOTICS for SMART+ BOX launch
Recommendation:
Investors and traders should monitor DISHTV's price action closely, as a breakout above the Flag Pattern's Support levels could trigger a significant move. We maintain a bullish stance, anticipating a potential revisit of Swing High levels in the near term.
Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Please conduct thorough research and consult with a financial advisor before making any investment decisions.
Sellers unable to push USDCHF below 0.84; possible upward move?The U.S. dollar to Swiss franc currency pair (USD/CHF) had been trading sideways above a key support level on the daily chart, marking the lowest price since 2015. In addition, a double bottom pattern has formed, signaling that sellers have been unable to continue pushing the price below 0.8400.
On Friday, Oct. 4, the USDCHF broke out of its sideways pattern on the daily chart, indicating potential buying momentum. A possible upward movement could take the price to the 0.8800 level in a few days.
Hot US jobs report, lower-than-expected unemployment favours the dollar
From a macroeconomic standpoint, Friday’s US nonfarm payroll (NFP) data came in well above expectations (254,000 actual vs. 147,000 forecast), pointing to a robust labor market with potential incoming growth over the coming months, which tends to favor the USD.
The NFP data also appears to have led markets to price out expectations of an outsized 50-basis-point interest rate by the Federal Reserve at its upcoming meeting — which could have led to more weakening in the US dollar.
The dollar has also benefited from safe-haven flows amidst rising tensions in the Middle East, with the IDF starting ground operations in Lebanon and Iran unleashing a large-scale ballistic missile attack on Israel for the second time.
Therefore, from a technical standpoint, we can observe the following:
USD/CHF at its lowest level since 2015.
Formation of a double bottom on the daily chart.
Sideways movement above support.
Friday's breakout indicating a potential uptick in buying activity.
From a macroeconomic standpoint, the following factors are in play:
NFP data surpassed expectations (254,000 actual vs. 147,000 forecast).
Unemployment rate came in lower than expected (4.1% actual vs. 4.2% forecast).
Together, these factors suggest that USD/CHF could appreciate, potentially reaching 0.8800 in the near term.
Disclaimer:
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK.
SWING IDEA - VIPULORGBSE:VIPULORG is about to form a MACD Cross on the weekly charts. If the market favor this move and if it completes its crossover, the stock should easily be able to go all the way at least until its next Support/Resistance Zone.
Fundamentally speaking, the company has also started building its new Factory in Maharashtra. This could further add as a factor to get this moving in the upward direction.
AUD/CAD Buy Setup Awaiting Bullish TDI ConfirmationAUD/CAD monthly structure on the daily timeframe is currently displaying an OLHC pattern, which signals a potential buy setup.
We are awaiting a bullish TDI cross to confirm the presence of buyers in the market.
My target for this trade is set at 0.91063, which also corresponds to the monthly open on the daily timeframe. As always, exercise caution while trading.
If you find this analysis valuable, please consider supporting the post with a comment, like, and share.
Nas100 Buy Setup Pending Bullish TDI ConfirmationNasdaq 100 (Nas100) has begun September with a bearish trend, mirroring the OLHC structure observed last month. We are currently awaiting strong support on the daily timeframe to confirm a potential buy opportunity. Buyers are expected to enter the market once a bullish TDI cross appears on the daily chart . I have identified three targets for this setup:
- First Target: 18,160.95
- Second Target: 19,031.30
- Third Target: 19,445.56
Exercise extreme caution and wait for clear signals before making any moves. Patience is key.
If you find this analysis helpful, kindly like, share, and leave a comment.
GBP/JPY Buy Setup Awaiting Bullish TDI SignalGBP/JPY OLHC buy structure forming for September on the daily timeframe. Awaiting a buy signal once the TDI crosses bullish on the daily chart. My target is 191.750 , which aligns with the Monthly Open.
Please support this idea with a like, comment, and share.
SWING IDEA - SONATSOFTWNSE:SONATSOFTW is currently about to have a MACD crossover in the weekly charts. While it took a massive drop after the last Earning report, it has been slowly, yet steadily trying to go back up again to the same levels.
We can expect the stock to start going upward once the MACD has made a successful crossover.
Try and take entries only after the MACD completes its crossover or based on your Risk Appetite & Management.
GBPJPY - ContinuationGBPJPY . Potential continuation from the previous analysis.
We believe that GBPJPY will continue to the upside if it manages to break 193.290 .
KEY NOTES
- GBPJPY has fallen to our PBA.
- KL 192.00 was broken.
- Break above 193.290 would confirm higher highs.
Happy trading!
FxPocket
You can check our last analysis posted on GBPJPY for better understanding.
SWING TUTORIAL - TECHMIn this tutorial, we try to understand how and why the stock NSE:TECHM started going upward and how we can find the best entry while reading charts.
The stock had started forming a Support at 1000 levels at June 2022 and since been retesting the same level again up to April 2023.
During the same time we can observe how the MACD levels consistently kept moving upwards. This indicated that momentum was gaining and it slowly starting to turn bullish.
Once the MACD finally made a successful crossover after close to 52 weeks in April 2023, this is where our Entry got created.
Eventually slowly making its way right up to the Swing High levels.
This trade is still in play and will probably retest its Swing High levels in the coming weeks.
And if the MACD line and signal are still as split away from each other as they are on the monthly timeframe, this could also breakout from the Swing High levels and going all the way further.
What do you think about this Tutorial? Would you like to more such Tutorials in the future? Give your comments in the Comments Section below:
GBPJPYGBPJPY . Potential long opportunity.
We believe that GBPJPY will continue to the upside after coming down to our PBA (Pull Back Area). Our entry is sitting at the pullback area at 190.402 . We are looking for breaks of 193.289 and 195.862 which would confirm our target 197.500 where our TP is sitting at. Our SL is sitting at 188.127 and if broken, it would result in deeper pullbacks which would not be out of the ordinary based on a weekly timeframe.
PARAMETERS
- Entry: 190.402
- SL: 188.127
- TP: 197.500
KEY NOTES
- GBPJPY has fallen to our PBA.
- Break above 193.289 and 195.862 would confirm higher highs.
- Break below our SL would result in deeper pullbacks.
Happy trading!
FxPocket
SWING IDEA - REDINGTON LTDA potential swing trade opportunity in Redington Ltd , a leading distributor of technology products and supply chain solutions.
Reasons are listed below :
The stock has broken above a significant resistance zone of 180-190, and it has successfully retested this level, indicating potential upward momentum.
Redington Ltd recently broke out of an ascending triangle pattern, suggesting a bullish continuation pattern.
A hammer candlestick has formed on the weekly timeframe, indicating potential bullish reversal sentiment among traders.
The stock found support at the 0.382 Fibonacci level, adding further confirmation to the bullish outlook.
Redington Ltd has broken out of a 3-year consolidation phase, signaling a potential shift in long-term trend direction.
The stock has been forming constant higher highs, indicating a consistent uptrend.
Redington Ltd is currently trading above both the 50 and 200 EMA on the weekly timeframe, suggesting sustained bullish momentum.
Increased trading volumes have accompanied the recent price movements, validating the strength of the breakout.
Target - 242 // 288
StopLoss - weekly close below 187
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
SWING IDEA - PCBLNSE:PCBL is about to form a MACD Cross on the weekly charts. If the market favor this move and if it completes its crossover, the stock should easily be able to go all the way at least until its Swing High Levels.
Fundamentally speaking, the company has received a patent from the Indian Patent Office for its invention titled "hybrid carbon black grade comprising Graphene to improve performance of rubber compounds". This could further add as a factor to get this moving in the upward direction.
Gold All Time Bullish ! Gold Next Move Buy or sell?Go through the analysis carefully, and do trade accordingly.
Resistance- 2685-2695
Resistance-2700-2710
Resistance- 2717-2725
Support-2650-2645
Support-2620-2610
Strong support area- 2595-2585
Gold Signal Daily for the week
Current price- 2672.5
Advice-For Buying
Buying area= 2640-2645
Best Buying Area= 2620-2625
Best selling area= No Confermation
-POSSIBILITY-1
If 2685 break and sustain then you can sell gold with retest target will be 2700-2717
-POSSIBILITY-2
If it breaks 2650 and sustains then you can sell gold with retest target will be 2620-2615
GBPJPY BUY Trade Activated Sept 26 A simple trade using the knowledge of market structure and checking the story from higher TF to lower TF.
As you can see, it is moving in the upward direction. I was waiting for buy trade using my old time buddy lists :) ---> POI ---> IMB, OB, Supply and Demand with validity or proof using BOS --> CHOCH or liquidity grab in the direction of the trend.
This trade was activated by a buy limit order at around N.Y session. Aiming for 4:1 RR :)
#smartmoney
#patience
#characterandiscipline
EUR/USD Buy Opportunity - Short-Term AnalysisMonthly & Weekly Perspective
The EUR/USD is showing a strong buy opportunity, driven by recent macroeconomic developments. The U.S. Federal Reserve recently cut interest rates by 50 basis points, a significant move that weakens the dollar in the short term. Although the U.S. has been one of the more cautious economies, being the last to cut rates, this decision will likely continue to exert downward pressure on the dollar in the weeks to come.
Key Points Supporting the Buy Opportunity:
Interest Rate Cuts: The rate cut will lead to a short-term decline in the dollar's strength, which is bullish for the EUR/USD. As the market adjusts to this new monetary policy, we can expect further weakening of the dollar.
DXY Divergence: A bearish divergence on the U.S. Dollar Index (DXY) is signaling further dollar weakness. This divergence, in tandem with rate cuts, reinforces the potential for EUR/USD appreciation.
Bond Market Signals:
The 10-Year Treasury Note and Bond 10-Year Yield are also showing bearish signals for the dollar. When yields decline, it typically indicates lower demand for the dollar, adding further support to the EUR/USD rally.
Technical Levels:
On the monthly and weekly charts, EUR/USD is approaching a crucial resistance level marked by a previous monthly high (Red Line). There’s a high probability of price seeking liquidity above these highs before initiating a potential reversal to the downside.
Liquidity Targets: Before any sustained sell-off begins, the pair needs to clear monthly liquidity resting above key highs. This will likely create an upward momentum toward the red resistance line, which can serve as a target for buy trades.
Buying Scenario:
Entry Point: The current price action suggests that there are favorable buy opportunities as long as the EUR/USD trades above critical support levels on the weekly and monthly charts. Traders should be cautious around major resistance but can target the highs near the red line before considering a sell-off.
Risk Management: Keep an eye on the U.S. data releases in the coming weeks to monitor if the rate cuts were the right decision. These could impact the dollar and, consequently, the EUR/USD trajectory.
AUDUSDAUDUSD . Potential long opportunity.
Our idea for AUDUSD is a long after the price has fallen to our PBA (Pull Back Area). With DXY showing weakness we do believe that AUDUSD could rise to our target 0.6857 . Our SL is set at the break of structure at 0.6778.
PARAMETERS
- Entry: 0.6801
- SL: 0.6778
- TP: 0.6857
KEY NOTES
- AUDUSD has fallen to our PBA.
- Break of 0.6778 could result in lower lows.
- DXY showing weakness.
Happy trading!
FxPocket
Bullish Alert: Tata Technologies|Strong Swing Trade Potential!📈 Bullish Alert: Tata Technologies Ltd. Shows Strong Swing Trade Potential! 🚀
Stock Analysis Report
Stock Name : Tata Technologies Ltd.
Timeframe: Daily
Current Market Price (CMP) : ₹1068
________________________________________
Trade Type
• Trade Type: Swing Trade
________________________________________
Technical Analysis
1. Trendline Breakout:
The stock has recently broken above a key trendline with increased volume, indicating a strong bullish signal.
Following the breakout, the stock has successfully retested the trendline, further
validating the upward momentum.
2. Indicators:
MACD: Buy signal confirmed.
Oscillator: Buy signal confirmed.
3. Moving Averages:
The price is currently trading above both the 50-day and 100-day moving averages, reinforcing the positive trend.
________________________________________
Target Prices
• T-1: ₹1115
• T-2: ₹1150
• T-3: ₹1180
________________________________________
Stop Loss
• SL: ₹1045
________________________________________
Summary : Tata Technologies Ltd. presents a strong swing trade opportunity. The stock exhibits a bullish trend supported by a recent trendline breakout, successful retest, and positive signals from key technical indicators. With the price trading above significant moving averages, potential target prices are set at ₹1115, ₹1150, and ₹1180, while a stop loss is recommended at ₹1045 to manage downside risk.
________________________________________
Disclaimer : " Please do not base your trades solely on the ideas mentioned above. Conduct your own research before making any trading decisions. We are not responsible for any financial losses that may result from applying this study or from taking any early entry or exit in trades. "