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SHRIRAM FINANCE LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:SHRIRAMFIN
by zenthosh
EUR/USD Fundamental AnalysisOur Preferance EUR/USD is under bearish pressure due to dollar strength driven by hawkish Fed expectations and slowing Eurozone growth. Entry: Near resistance, aligning with technical rejection. SL: Above the recent high to limit risk. TP1 & TP2: Targeting key support levels, considering weaker EUR fundamentals. Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
Short
by David_Josh_Trader
INFO EDGE (I) LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:NAUKRI
by zenthosh
PENGU Token Price Soars 41% Amid Bithumb ListingThe Pudgy Penguins ( CSECY:PENGU ) token has captured the crypto market’s attention, surging 41% in the last 24 hours following its listing on the major South Korean exchange, Bithumb. This strategic development is expected to propel the token's adoption within the Korean market and beyond. But can the rally continue? Let’s dive into the technical and fundamental aspects shaping CSECY:PENGU 's price trajectory. Bithumb Listing Sparks Market Excitement On December 24, Bithumb announced the addition of CSECY:PENGU to its KRW market, setting a base price of 43.89 KRW. This announcement caused an immediate 23% spike in the token’s price, highlighting the significance of the listing. With deposits and withdrawals exclusively supported through Solana's blockchain and Bithumb-approved exchanges, the platform ensures secure and seamless trading for users. The listing aligns with CSECY:PENGU ’s growing popularity, particularly in South Korea, a nation known for its active and influential crypto market. As one of the top exchanges in the region, Bithumb’s support positions CSECY:PENGU for increased visibility and trading activity, contributing to its bullish momentum. Market Metrics and Community Support The CSECY:PENGU token has consistently gained traction due to its vibrant community and strategic partnerships. With a market cap of $2.32 billion and a 24-hour trading volume of $1.21 billion, the token demonstrates strong investor confidence. Furthermore, CSECY:PENGU ’s Futures market activity reflects heightened interest, with $687 million in trading volume and $115 million in Open Interest. Binance’s previous endorsement of CSECY:PENGU further cements its credibility and appeal within the crypto ecosystem. Since its launch, CSECY:PENGU has surged over 700%, fueled by airdrop distributions and strategic exchange listings. Technical Analysis As of now, CSECY:PENGU is trading at $0.037, reflecting a 23% daily increase. The token is moving within a bullish flag pattern, a technical setup that typically signals the continuation of an upward trend. However, caution is warranted as the RSI at 80 indicates overbought conditions. In the event of a price correction, the 38.2% Fibonacci retracement level may act as immediate support. On the flip side, a breakout could push CSECY:PENGU towards its recent all-time high of $0.057, providing an attractive target for bullish traders. Future Outlook: Will the Rally Sustain? The Bithumb listing is a significant milestone for CSECY:PENGU , but sustaining the rally depends on broader market conditions and continued adoption. With the crypto community’s support and growing institutional interest, CSECY:PENGU is well-positioned for further growth. However, traders should monitor key technical indicators and macroeconomic factors, including the overall crypto market sentiment, to navigate potential price fluctuations. Conclusion CSECY:PENGU ’s recent price surge reflects the token’s increasing popularity and strategic milestones. While the bullish momentum remains intact, market participants should stay vigilant for potential corrections. With strong fundamentals and promising technical patterns, CSECY:PENGU is a token to watch in the coming weeks.
BINANCE:PENGUUSDT
by DEXWireNews
BAJAJ AUTO LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:BAJAJ_AUTO
by zenthosh
TOTAL3 bull flag formation is still validhi traders Let's make it simple. TOTAL3 has been consolidating after an impulsive move, forming a valid bull flag formation. We got a valid breakout but without follow-through up to now. It looks like the price retested the previous downsloping resistance and it's trying to confirm it as support. The RSI looks good here. It's pretty neutral now but as soon as the price rises, RSI will start an uptrend. It's time to be bullish on altcoins now. Sell when TOTAL3 reaches 1T. Good luck Accumulate now
CRYPTOCAP:TOTAL3Long
by vf_investment
DYNAMATIC TECHNOLOGIES S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:DYNAMATECH
by zenthosh
BANCO PRODUCTS (I) LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:BANCOINDIA
by zenthosh
XAUUSD on Rising wedge Market is slow because of Christmas. What possible scenario we have at moment? As Market rejected multiple times from 2632 resistance area also rejected from bottom support2690. Gold is on Rising wedge here 2610 support is playing a crucial role,as i mentioned in my yesterday commentary if any H4 candle below 2610 we will trade on bearish side till 2590, will be our first traget. On the other hand,if XAUUSD remain above 2610 it will be in rising wedge,our eyes will at 2632 first and our optimal target will be 2660.
FOREXCOM:XAUUSDLong
by Forexmaestro121
AMI ORGANICS LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:AMIORG
by zenthosh