Get started

Candlestick Analysis

Gallantt Ispat looking to gallop ahead. Gallant Ispat Ltd. engages in the manufacture of steel and steel products. It operates through the following segments: Agro, Iron and Steel, Power, and Real Estate. Gallantt Ispat Ltd. CMP is 352.55. The positive aspects of the company are Company with Low Debt, Growth in Quarterly Net Profit with increasing Profit Margin (YoY). The Negative aspects of the company are High Valuation (P.E. = 26.7), High promoter stock pledges and Increasing Trend in Non-Core Income. Entry can be taken after closing above 356 Targets in the stock will be 366 and 377. The long-term target in the stock will be 390 and 400. Stop loss in the stock should be maintained at Closing below 334 or 297 depending upon your risk taking ability. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:GALLANTTLong
by Happy_Candles_Investment
Tolins Tyre looking to tilt the scale. Tolins Tyres Ltd. engages in the manufacture and sale of tires & accessories. It’s products include two-wheeler, three- wheelers, light commercial vehicle and agricultural tyres, pre-cured tread rubber and other accessories including bonding gum, tyre flap, vulcanizing solutions. Tolins Tyres Ltd. CMP is 210.97. The positive aspects of the company are Company with Zero Promoter Pledge, The Negative aspects of the company are High Valuation (P.E. = 26.2), Increasing Trend in Non-Core Income. Entry can be taken after closing above 212 Targets in the stock will be 222, 228 and 244. The long-term target in the stock will be 251 and 258. Stop loss in the stock should be maintained at Closing below 193 or 173 depending upon your risk taking ability. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:TOLINSLong
by Happy_Candles_Investment
ES/MES Weekend Prep Dec 22Last week saw major liquidation with late longs going into FOMC. Thursday was an inside day followed by weakness in the overnight session going to into PCE Friday morning. Going into this week, I will use Friday's range as a guide. Friday's low during RTH 5898.50 as the halfback of the PCE data release candle, Election Day RTH low and November VAL, including the after hours wick on FOMC. Friday's high is at a LVN from last week and #2 and #3 single prints that were formed from the FOMC sell. If we trade lower first, focus should be placed around 5966, and 5945-5931. 5966 as last week's VAL and 45-31 as Thursday's Spike Down. Buyers will want to defend this or risk Friday's low. A look below and fail of the spike bottom 5931.75 and Friday's low should be considered for new longs. Further weakness will see London's low from Friday morning followed by the election gap fill at 5813.25. This would also align with Friday's range 50% extension. If we trade down here, buyers most likely will appear at or near the gap fill. So shorts should be mostly covered by then. If we trade higher first, buyer will need to build support above Friday's high and target the single prints above 6091.50-6118.50. 6079.25 is the FOMC event candle low. Acceptance above opens FOMC high at 6137.25. Further acceptance opens 6186 - the back-adjusted ATH. I would be cautious of a look above and fail of Friday's high triggering shorts. If so, shorts will need back below 6000 and 5982 to pick up steam. FOMC Vwap: 5981.25 
 FOMC Event Candle: 6079.25-6137.25
 Spike 12/19 - Base: 5945.5, bottom: 5931.75 Weekly Expected Move: 90pts - 5907 / 6086 Dec 23 Expected Move: 47pts - 5949 / 6044 Expected moves are based on what the options market has priced in as implied risk for that period. There is a 68% chance price remains within that range by the following close. If price moves outside the range, it is common to revert and close back within.
CME_MINI:MES1!
by bluenotes
ORCL 6/7/2022ORCL ORCL entered a Sideways range Sept.’21 after trend was broken. The sideways trend lasted until Jan’22 Jan.’22, price broke down from range. The sideways range was deemed a Distribution stage. A downtrend was to follow. On the breakdown, price made a low of 72 and we also saw a death cross between 50 and 200 ema. This further confirmed the bearish conditions. After a pullback to resistance, price made another move down and broke below the low of 72 and made a lower low at 66. The Downtrend has now been confirmed. Currently, price has pulled back to the previous low of 72. Yesterday’s candlestick closed as a shooting star at this resistance level. This will be my cue to enter trade short. Entering trade short Entry: 72.86 Stoploss: 77.07 Target: 61.15, 16.07%, 2.78 RR ratio
NYSE:ORCLShort
by rudcharts
Christmas gift: buy gold!Bros, gold has fallen back to around 2616 in the short term. Where will gold fall? In fact, from the perspective of the short-term structure, although gold has fallen back twice in the 2635 area and fell below 2620, for the overall structure, gold's performance today is not weak. As long as gold stays above 2612, gold still has the ability to continue to rebound. So don’t be frightened by the short-term downward trend. The fall in gold is likely to give you an opportunity to go long in gold. Once gold tests the support again, gold is likely to continue its rebound and try to touch 2640 or even 2650. Bros, this is my Christmas gift to you. Be brave and seize the opportunity to be long gold. Bros, are you going long on gold like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDLong
by Trader_Marvin
1
UK100 (FTSE) Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:(Daily TF) The ascending flag taking shape suggests we will soon see another leg higher. While the price is above the support 7911.37, resumption of uptrend is expected. We make sure when the resistance at 8485.05 breaks. If the support at 7911.37 is broken, the short-term forecast -resumption of uptrend- will be invalid. A peak is formed in daily chart at 8385.30 on 12/09/2024, so more losses to support(s) 8083.43, 8007.24 and minimum to Major Support (7911.37) is expected. Trading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (8007.24 to 7911.37). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (8007.24) Ending of entry zone (7911.37) Take Profits: 8083.43 8183.03 8242.89 8380.25 8485.05 8664.21 8765.00 9000.00 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
ICMARKETS:UK100Long
by ForecastCity
13
BTC - InterView 23.12.2024Good week friends An amazing week awaits us after a quality correction we returned to our trading range Christmas this week for our American friends the stock market closes early on Tuesday, and there is no trading at all on Wednesday. For me the chart looks good and is going to rise strongly in the immediate time frame after a very high-quality and healthy correction of about 13% on the chart of the market king "Bitcoin" An excellent news environment awaits us this week that will give us a lot of fuel to continue the upward trend On Monday 23.12.2024 The CB Consumer Confidence Index awaits us at 17:00 Tuesday Although the stock market closes early we have two important news Monthly Durable Goods Orders at 15:30 New Home Sales at 17:00 Wednesday 25.12.2024 The stock market is completely closed - Christmas. Thursday 26.12.2024 Initial claims for atab fees at 15:30 Crude oil stocks at 18:00 Green Week in the IDF, good luck
Long
by FineMei
A Smart Comeback by Nifty but is it a dead cat bounce?Today we saw a smart comeback by Nifty but a confirmation candle and a positive closing to the week an ensure if it is not a dead cat bounce (Only a Technical bounce before Nifty falls again). Further ground has to be covered by Nifty before we reach the Bull territory. The closing today was good above the Father line and indicates positivity but whether the bounce sustains or not is a question that will be answered later in the week. Right now the supports for Nifty remain at: 23691 (200 days EMA) or the Father line, 23588, 23258 (Mid channel support), 22499 and 21572. Resistances on the upper side are at: 23871, 24053, 24183, 24359 (50 day's EMA) or the Mother line resistance, 24552 and finally 24721 (Important Fibonacci resistance). Bulls can get a prominence only after we get a closing above this level. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:NIFTYLong
by Happy_Candles_Investment
1
EUR/USD Downward Movement to Continue?The EUR/USD pair continues to show bearish potential on the daily timeframe. While Friday's high could be taken as part of a retracement, the overall trend remains bearish. There is a potential move toward the sell-side liquidity (SSL) below, aligning with unmitigated imbalance zones and market structure. Watch for price reaction in and around the Daily FVG level and the Fibonacci retracement zones for a potential bearish setup on the lower timeframes. Trade Safe ;)
Short
by jp7fx
1
GOLD (XAUUSD): Your Trading Plan for Today If you decided to trade today, there is one potential shorting opportunity for Gold. Following my recent update, the price is testing a recently broken daily horizontal structure at the moment. On an hourly time frame, the price formed a tiny double top on that. 2621 - 2625 is its neckline. To sell the market with a confirmation, wait for a bearish breakout of a neckline and an hourly candle close below that. Sell aggressively or on a retest then. Targets will be 2608 / 2600. If the price sets a new higher high, the setup will be invalid. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDShort
by VasilyTrader
7
Major Crypto Shake-Up🚨 Major Crypto Shake-Up: EU to Delist Tether's USDT by Dec 30 – What This Means for You! 🚨 💰 CRYPTOCAP:BTC 💰 Big changes are coming to the crypto world in Europe! Under the new Markets in Crypto-Assets (MiCA) regulations, all crypto exchanges operating in the European Union must delist Tether’s USDT by December 30, 2024. This decision has sparked intense debates about its impact on liquidity, trading, and the broader crypto market in Europe. 🔎 Key Points to Know: ⚡ Liquidity Could Drop USDT accounts for a significant share of crypto trading volumes. Its absence may make it harder for traders to execute trades efficiently. ⚡ Market Challenges Lower liquidity might lead to higher slippage and reduced accessibility, potentially affecting the price of assets traded against USDT. ⚡ Opportunities for Other Stablecoins This could open the door for alternatives like USDC, BUSD, or emerging stablecoins to fill the gap and gain traction in the market. 📢 Why Is This Happening? The MiCA regulations aim to standardize and regulate digital assets in Europe. While the framework brings clarity, some stablecoins like USDT may fail to meet strict compliance requirements. 📉 What’s at Stake? Market analysts and crypto executives worry that delisting USDT might hinder liquidity, especially in markets where it is dominant. On the other hand, some believe the shift could boost innovation by encouraging the adoption of compliant stablecoins. 🌍 The Bigger Picture For crypto users and investors in Europe, this move could be a challenge in the short term but an opportunity in the long run. A more diversified and resilient market might emerge, driven by innovation and compliance. 💬 Your Take Matters! What do you think about this regulatory decision? Will it disrupt the market or pave the way for new opportunities? Let’s discuss below! 🚀
BINANCE:BTCUSDShort
by AlphaBull-Trading
EUR / USD - Weekly forecast - Technical Analysis & Trading IdeasMidterm forecast (Daily TF): 1.0777 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. A peak is formed in daily chart at 1.0629 on 12/06/2024, so more losses to support(s) 1.0332, 1.0206, 1.0002 and more depths is expected. Trading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (1.0669 to 1.0777). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (1.0669) Ending of entry zone (1.0777) Take Profits: 1.0600 1.0517 1.0445 1.0332 1.0206 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
by ForecastCity
3