Support & Resistance
R1 around 95900 - 97100
R2 around 101500 - 101900
S1 around 92400 - 92500
S2 around 88500 - 88900
Higherlow
After Making HH, now towards HL.
After Making HH, now towards HL.
Bearish Divergence is there, so dragging
the price down.
115 - 118 can be a Good Support level.
Couple of Green candles may confirm HL
at this area.
However, if 110 is broken, we may
witness further Selling pressure.
Near HL
Still near HL , a bounce is
expected from 444 - 445 level.
as mentioned earlier, possible
re-test zone is 420 - 429 in extreme
selling pressure.
CHFJPYPrice has been making consistent HHs & HLs on H4. I'll continue looking for buys as long as price respects the support at 169.750.
HL Confirmed on Weekly.HL Confirmed on Weekly TF around 92.
Bullish Divergence on Daily TF.
Crossing 107 with Good Volumes
may lead it towards 112 & then 120+
Weekly+ Monthly ViewWeekly
Recently printed HL on Weekly TF; which is intact
as long as 109400 is Not Broken.
Still Bullish but may remain Sideways unless
Crosses 117200 (Bullish) or Breaks 105000 (Bearish).
Weekly Support is around 110600 - 112200
Weekly Resistance is around 115500 - 115700
Manappuram Buy With Target of 380If Manappuram Closes Above 230 Level in Monthly Candle, Possible to Touch 380 in Long Term
End of Year Palladium Bull Run \o/From the current notation, I see this leveraged ETF on Palladium rising approximately 45% until the end of the year. The reasons are as follows:
Fundamental Factors : With increasing sanctions on Russia, one of the main exporters of palladium, global supply may become constrained. Furthermore, inflationary pressures might drive commodity prices higher. Technical Indicators : The Palladium chart has recently formed a higher high, and a higher low appears to be developing. The price has crossed above the 200-day SMA, and now the 30-, 50-, and 200-day SMAs are bullishly aligned. Seasonality: The seasonal strength in OANDA:XPDUSD is expected to begin the week after next.
So, we could get ready for rising prices in Palladium!
Move up, pull back and up we goAfter reaching its low point in early September, NASDAQ:CPRT appears to have completed its prolonged downward correction and made a sharp bullish move. This move has now been steeply corrected, and I expect the stock price to rise through the end of the year.
SWING IDEA - DELTACORPNSE:DELTACORP has been forming a Lower Low Pattern on the Price Action, while the MACD seems to be forming a Higher High Pattern currently, which could indicate that this stock's Price Action could be reversed and start to form a Higher Higher Pattern too.
In addition, Delta Corp Reports Q1 Consolidate Net Profit At 216.8 Mln.
If all is well, we can start seeing the Price going all the way up to the next Support/Resistance zone.
SWING IDEA - GLANDStock has completed its Correction phase and found its lowest at 860, much below the 1700 IPO listing.
Stock seems to be forming a new Higher High and Higher Low Pattern since Oct 2023.
Also it can be seen following the Trendline as well.
A Hammer on the weekly close last week, could indicate a strong support forming exactly on the Trendline, which is a good sign for further upward move.
If all goes right, the stock could make it to its next leg up.
Stoploss mentioned is crucial. If broken, the stock could start seeing further lows.
SWING IDEA - MAWANASUGStock has currently formed a good support at 116 levels.
It seems to making newer Higher Highs since the last few weeks steadily.
The most recent MACD Crossover has shown a good move upward.
Currently the MACD Cross is in play on the Monthly Charts. Once it completes successfully, the stock could start seeing massive movement upward in the coming weeks/month.
SWING IDEA - DEEPAKFERTPrice Action is making Lower Low Pattern, while MACD Cross is making Higher Low Pattern.
MACD is showing good momentum upward.
The stock should be ready for its next leg up, at least until the next Support/Resistance zone.
Worst case, a retest to the nearest Support zone @ 480 levels.
Any weekly closing under this level can take the stock to new lows.
Trade with the Trend.
BITCOIN - FAKE BREAKOUTHello Traders !
The Bitcoin price failed to break the resistance level (63412 - 65050).
Currently, The price broke the Higher low (62340.00 - 62653.00).
So, I expect a bearish move📉
_____________
TARGET: 58260.00🎯
SWING IDEA - PVRINOXPrice Action was forming a Lower Low Pattern and the MACD Levels has slightly started to form a Higher High Pattern.
1280 is holding as a good Support Zone. Any revisits to this level again or below this level could invalidate setup and also bring more lows for NSE:PVRINOX
As long as the stock continues its momentum upward, everything looks good until its Swing High levels.
SWING IDEA - LTIMStock seems to have following the Trendline as given. There has been 4 touches so far on this trendline, indicating a strong Support formation.
If the stock continues to obey the trendline, it could revisit its Swing High again.
MACD Crossover also indicates a good bullish momentum.
While there us a Support formed at 4748 level, even our Trendline intersects at the same region in the coming weeks. So if you want a better entry, you can wait for a retest at the Trendline again and then take an entry based on your Risk Management.
SWING IDEA - RSWMPrice Action is starting to forming Higher High Higher Low Pattern ever since the recent Swing Low levels.
A MACD crossover in also in the play, which could indicate that the Stock is currently in a Bullish momentum.
There is a S/R zone at 227 levels too. Price could initially get resisted from this level for the time being. However once we have a successful breakout from this S/R zone, we can see the stock go all the up until at least the next S/R zone.
SWING IDEA - COASTCORPNSE:COASTCORP just made a MACD crossover on the weekly timeframe.
Stock is also seen forming a Higher High Higher Low pattern currently.
If the market condition continues to remain good, it can easily go all the up till its Swing High levels.
SKIPPER potential breakout Good Quarterly Earnings.
6 Months Base.
Forming higher lows.
Consolidating outside the base near ATH.
Can give a good move if broader market breadth turns positive.
SWING IDEA - NDTVThe Stock seems to be following the Trendline and successfully forming Higher High and Higher Low Pattern.
Convergence Divergence is also in play currently.
MACD Crossover has also happened exactly at Trendline retouch indicating a move upward.
Election results has helped the stock to rally as well, since Modi government retains power for the 3rd time.
If everything goes well, stock should be ready for its next leg up and possibly start making new Higher Highs too.
SWING IDEA - PANAMAPETStock is currently at its 52W high and also breakout zone.
MACD is indicating a good momentum in the upward direction.
Also Monthly MACD has made a crossover, which could possibly take the stock to new highs in the coming weeks/months.
406 has formed as a Key Support for this Trade be to be valid.
Weekly closings above this Support level will surely take the stock to newer highs.
SWING IDEA - BORORENEWPrice Action and MACD seems to be forming a Convergence Divergence.
Price Action has also started making new Higher High and Higher Low Pattern.
A Candle seems to have formed in the Weekly candles too indicating good support for the stock.
If all is well, the stock could go to its next leg up.
MACD Cross has still not completed. It could indicate if the Trend will go upward once the crossover is completed successfully. Take Entries upon verifying Price Action after MACD Cross only.
Note: Earnings Report has revealed the company in Loss. This could potentially take the stock down if things don't go right. Ensure to follow Strict Risk Management while trading this stock.
GBPJPY - CHANGE OF CHARACTERHi Traders !
The GBPJPY failed to create a new higher high !
At the moment, The price broke the last higher low (ChoCh).
So, I expect a bearish move📉
____________
TARGET: 201.625🎯
