HINDALCO INDUSTRIES LTD - Bollinger Band + MACD📊 Script: HINDALCO (HINDALCO INDUSTRIES LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY 500 / NIFTY METAL
📊 Sector: Commodities - Metals & Mining
📊 Industry: Non - Ferrous Metals - Aluminum
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is already giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Current RSI is around 66.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 455.55
🟢 Target 🎯🏆 - 502
⚠️ Stoploss ☠️🚫 - 435
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Macdcrossover
HINDALCO INDUSTRIES LTD - Bollinger Band + MACD📊 Script: HINDALCO (HINDALCO INDUSTRIES LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY 500 / NIFTY METAL
📊 Sector: Commodities - Metals & Mining
📊 Industry: Non - Ferrous Metals - Aluminum
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is already giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Current RSI is around 66.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 455.55
🟢 Target 🎯🏆 - 502
⚠️ Stoploss ☠️🚫 - 435
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
ADANI ENTERPRISES LIMITED - Volume Breakout + Bullish on Chart📊 Script: ADANIENT (ADANI ENTERPRISES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY METAL / NIFTY NEXT 50
📊 Sector: Commodities Metals & Mining
📊 Industry: Metals & Minerals Trading
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 67.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 3575.70
🟢 Target 🎯🏆 - 3885
⚠️ Stoploss ☠️🚫 - 3417
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Thomas Cook India Ltd - Double Digit + MACD Crossover 📊 Script: THOMASCOOK (THOMAS COOK (INDIA) LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Consumer Services
📊 Industry: Tour Travel Related Services
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages may give crossover in next trading session.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 67.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 81
🟢 Target 🎯🏆 - 91
⚠️ Stoploss ☠️🚫 - 75
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Delta Corp - Bullish on Chart📊 Script: DELTACORP (DELTA CORP LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500
📊 Sector: Consumer Services
📊 Industry: Leisure Services / Amusement Parks/ Other Recreation
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Also Crossover in Double Moving Averages.
📈 Volume is increasing along with price.
📈 Script is moving towards resistance level which is around 240 if script is breaking its resistance level it may go up.
📈 Current RSI is around 73.
📈 Looking bullish as per the technical indicators also huge volume in the stock in the last trading session.
📈 Looking good to add for short term.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 225
🟢 Target 🎯🏆 - 240/250
⚠️ Stoploss ☠️🚫 - 208
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
ASAHINDIA - VOLUME BREAKOUT + MACD CROSSOVER + SMA CROSSOVER 📊 Script: ASAHIINDIA (ASAHI INDIA GLASS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY AUTO / NIFY 500 / NIFTY SMALLCAP
📊 Sector: Automobile and Auto Components
📊 Industry: Auto Components
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Crossover in Double Moving Averages.
📈 todays volume is much greater then previous trading session volume which indicates volume breakout.
📈 Current RSI is around 65.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 624
🟢 Target 🎯🏆 - 676
⚠️ Stoploss ☠️🚫 - 604
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
CNXENERGRY - Upward Moving ChannelKey highlights: 💡⚡
📈 Index is moving in Upward Moving Channel since 4th Nov 2020 as mention in chart.
📈 Index is taking exact support of lower trend line.
📈 MACD is also giving Crossover.
📈 One may go for swing trade into ENERGY SECTOR.
KEEP AN EYE ON ENERGY SECTOR STOCK.
EXAMPLE - ADANITRANS , RELIANCE
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Possible 100% ? AKRO/USDT #AKRO #AKROUSDT Here we see our Akro/usdt 1 day chart . Look at the MACD ! It's pointed up beautifully and does appear like it will cross up through that green area where the green arrow is . If that happens I think this could possibly do a 100% up - probably to 0.010 or 0.011 which would bring you right under the 3 day Ichimoku and the 3 day 99 MA line ( though this is the 1 day chart I'm showing . ) Please keep in mind that the market is EXTREMELY volatile right now . The Fed is having their important FOMC meeting next week - and if it's bad news that's announced it could dump the market . Also the DXY dollar index is still Bullish and that could hurt Crypto markets . Also the market is still in a Bear market in general and can be dumpy out of nowhere. Although that hasn't stopped certain coins from running such as Chz/usdt . Also , another TA guy I like a lot called Payne Residence doesn't like that this chart is so 'wicky' . So it's definitely risky but just looking at the chart alone it does look Bullish with a candle almost closing above that light blue 50MA line and possibly also breaking up from the Bollinger Squeeze ....but be aware of these other market conditions . Thank you.
JINDAL STEEL & POWER - Multiple Indicators 📊 Script: JINDALSTEL (JINDAL STEEL & POWER LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500, NIFTY METAL, NIFTY MIDCAP
📊 Sector: Commodities, Metals & Mining
📊 Industry: Ferrous Metals, Iron & Steel
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover .
📈 Already Crossover in Double Moving Averages.
📈 In weekly time frame MACD is giving crossover.
📈 Current RSI is around 68.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 433.35
🟢 Target 🎯🏆 - 473
⚠️ Stoploss ☠️🚫 - 415
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Happy Ganesh Chaturthi, ❤️🙏🏻 we wish that all hindrances and hurdles are cleared for you.
Michhami Dukkadam 🙏🏻 Michhami Dukkadam is all about Forgiveness and Kindness!
Using MACD To Identify Long Term TrendsHow can we tell whether a downturn is just a normal part of a solid bull market, or the beginning of a major downdraft? We need to have a way to identify when long-term trends are changing.
One way to guard against being caught on the opposite side of a trend is to apply technical indicators that can isolate major trend shifts and reduce psychological biases. Specifically, technical indicators based on moving averages reduce the noise that characterizes the stock market.
We can argue about the fundamental valuation of a company, but we cannot argue whether a stock’s price is above or below historical moving averages. In analysis based on moving averages, the focus is less on why the market should move up or down, and more on what the current market dynamics are from a supply-and-demand perspective.
Today there are more opportunities than ever for a decoupling of price from fundamentals. This is fueled in part by retail investors, who have access to information and tools that previously were available only to institutional investors, and social media in which market players can talk up stocks.
This is where MACD, or “moving average convergence-divergence” indicator, comes in. It was developed in the 1970s and is widely accepted by technical analysts as one of the best ways to identify prevailing trends. It is available on just about every charting platform, most of which allow for revision of the indicator’s standard parameters.
The standard MACD consists of a spread between the 12-period and 26-period exponential moving averages of a stock’s closing prices, which is then smoothed by a signal-generating line derived from the 9-period exponential moving average of the spread.
A long-term trend-following overlay is afforded by the MACD applied to the monthly bar chart of the S&P 500 Index (SPX). It provides a visual gauge of the primary trend, and it identifies major turning points when the two lines that comprise the MACD cross over. The crossovers provide “buy” signals and “sell” signals that may more clearly indicate when the long-term trend has shifted.
To illustrate this, the chart goes back 1999. The price bars are colored green to reflect positive or improving MACD readings, and red to reflect negative or deteriorating MACD readings. Bullish and bearish crossovers are denoted by up and down arrows. Generally, it has been good to be long equities when the bars are colored green, which has typically been associated with uptrends. It tends to be a more difficult environment for investors when the bars are colored red, which is typically associated with a sideways or lower trend.
It was 2008 that technical analysis really became noticed on Wall Street. The SPX had seen its monthly MACD flash a “sell” signal in November 2007, a month before it broke down, and it did not flash a “buy” signal until a few months after the March 2009 low. The bearish reversal caught many off guard, but those who used the MACD were quicker to minimize exposure, bringing attention to the field of technical analysis as a viable discipline for risk management.
MACD “buy” and “sell” signals do not capture pivots until after-the-fact, but the signals are not too late to take advantage of long-term turnarounds. Sometimes they even precede bear markets, as in 2000 and 2007. Note that the MACD flashed a “sell” signal in January 2000, before the tech bubble burst, and did not flip to a “buy” signal until May 2003, before a sustained bull market move began.
Whipsaws are not uncommon, but they are short-lived, and often associated with shifting trends like in 1999 and 2015, so even false signals can have value. The bulk of uptrends and downtrends were captured by the MACD despite its inherent lag. The MACD is not a trading system, so a “sell” signal need not be interpreted as a reason to move to 100% cash in a portfolio, but rather an indication to position more defensively.
Traders often refine long-term MACDs with shorter-term MACDs, evaluating them alongside other momentum and overbought/oversold indicators for a holistic view. Since technical analysis is based on concrete data, there is broad agreement on the merits of MACD, although different preferences and parameters can be applied.
So, what does MACD tell us about the current environment? As it stands, the SPX is currently in a bear market cycle and has been since the MACD flashed a “sell” signal at the end of March 2022. Since the “sell” signal, the SPX is down roughly 16% and continues to trend lower. In a down-trending environment, breakouts are more likely to fail, and breakdowns more likely to see downside follow-through. Overbought readings instill fear, whereas oversold readings instill healthy skepticism.
Psychological biases, notably fear and greed, are what makes a market a market, and they can be managed with unbiased input from the MACD. Clear-eyed analysis of the underlying momentum of the market can help us stay on the right side of the prevailing long-term trend.
Adapted from “The New Market Momentum: Reading the Technical Indicators” by Katie Stockton, published on Future.com (June 15, 2021).
Katie Stockton, CMT
Founder and Managing Partner
Fairlead Strategies
Shared content and posted charts are intended to be used for informational and educational purposes only. The CMT Association does not offer, and this information shall not be understood or construed as, financial advice or investment recommendations. The information provided is not a substitute for advice from an investment professional. The CMT Association does not accept liability for any financial loss or damage our audience may incur.
RATCH| Elliott Wave Projection | Inverted H&S Reversal Pattern Price action and chart pattern trading setup
> Elliott Wave projection - downtrend final correction position with an expanding diagonal pattern.
> Inverted head & shoulders reversal pattern in TFD with bullish engulfing candlestick
> Indicator: RSI strong bullish signal cross above MA and MACD golden cross signal line
> Entry @ Neckline breakout
> Stoploss @ right shoulder position
> Target @ previous wave 4 and 2
> RRR: 2:1 with -5% downside risk
ADAUSD | Wave Analysis | Ending Diagonal - Downtrend Target ZonePrice action and chart pattern trading setup
> Elliott Wave Analysis Mapping with ending diagonal positioning target downtrend reversal pattern
> The current potential final wave 5 within the target zone extended 0.5 of wave 3 and retraced exactly 1.618 of wave 4.
> Long 1st Entry @ Ending Diagonal downtrend line breakout and 2nd entry @ Elliott Channel Breakout for reversal confirmation
> 1st Target uptrend @ Wave 4 and 2nd target @ Wave 2 position
> Stoploss at the lowest candle of wave 5 minor with -20% downside risk.
> RRR: 1:3 for medium term trade
Indicator:
> MACD - some bullish divergence crossover signal line below center
Always trade with affordable risk and respect your stoploss
Soon to go LONG on BTC daily chartThis chart shows how you can trade the waves using the T3CCI, combination of macD and Stochs RSI crossings and the BTC Log Growth Curves. When you trade the daily chart you don't have to trade on a daily basis. It tells you when to go long and when to short. Simple as that!
Bull Flag Visible on Weekly Timeframe with MACD Bullish CrossThis is a company that has quite a good P/E and has Bounced from the bottom of a Parallel Channel after printing Bullish Divergence on the MACD. As of today the weekly has closed near the breakout point of the Channel and has confirmed a Bullish MACD Crossover above all the major Moving Averages.
Due to all this i expect that upon breaking above the channel we will have a Blue Sky Breakout that could take us to $28-$30
BTC 29k - 30k Support Now is 36k - 37k!That 36k -37k Range proves to be as strong as 29k - 30k and maybe it's this support that has gone up.
For the medium term we had a very strong breakout of the 39600 - 40k resistance where a good entry now would be after the bullish pivot forms with a retest in this region.
- A conservative entry would be on the breakout of the previous candlestick's high on the retest.
- Resistance at 42900 and fibo targets on the chart.
- Heikin Ashi showed buying strength in several h4 candles from March 6th to today. We also had the escalation of bullish divergences smaller tfs up to h3 on the RSI with the confirmation made by MACD crossover.
As I like to emphasize, monthly we are in a bull channel.
Portugues...
Esse Range de 36k -37k se mostra tão forte quanto 29k - 30k e talvez seja esse suporte que tenha subido.
Para médio prazo tivemos um rompimento com muita força da resistência de 39600 - 40k onde uma boa entrada agora seria após o pivô de alta se formar com um reteste nessa região.
- Uma entrada conservadora seria no rompimento da máxima do candle anterior no reteste.
- Resistencia em 42900 e alvos de fibo no gráfico.
- Heikin Ashi mostrou a força compradora em vários candles de h4 des do dia 6 de março até hoje. Tivemos tb a escalada de divergências bullish tfs menores até h3 no RSI com a confirmação feita por MACD crossover.
Como gosto de frisar, mensal estamos num canal de alta.
BTC,Inverted Head and Shoulders Pattern?My strategy always boils down to 2 entries for 1 stop loss which is in my opinion the most important.
Long:
1- Entry 0,618 Fib Retracement
2 - cloud support
STOP LOSS: 0.8% BELOW 0.786 FIB Retracement
Target:
1 - 0,5 Fib Retracement
2- 0,236 Fib Extension (from 0.5 fib Retracement, increase stop to 0.618 fib Retracement and go up with each achievement of resistance)
Short:
1- Entry 0,382 Fib Retracement
2- 0,236 Fib Retracement
STOP LOSS 0.8% ABOVE 0,236 Fib Extension
BTC, My targets for the weekMy strategy always boils down to 2 entries for 1 stop loss which is in my opinion the most important.
Long:
1- Entry 0,618 Fib Retracement
2 - cloud support
STOP LOSS: 0.8% BELOW 0.786 FIB Retracement
Target:
1 - 0,5 Fib Retracement
2- 0,236 Fib Extension (from 0.5 fib Retracement, increase stop to 0.618 fib Retracement and go up with each achievement of resistance)
Short:
1- Entry 0,382 Fib Retracement
2- 0,236 Fib Retracement
STOP LOSS 0.8% ABOVE 0,236 Fib Extension