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Moving Averages

BSE - previous learnings applied to the current marketThis post highlights the previous strong uptrend in BSE, and the consolidation it led to. The chart also indicates how it behaved during the consolidation phase. Certain pointers: i. The average maximum decline from peak in this period was of ~22-23% ii. The price movement took resistances at the 8EMA when it tried rising during this period. iii. The 20SMA and 50SMA were in a crisscross most of the time, not signaling any persistency during the period. iv. The break-out from the resistance saw the price > 8EMA>20SMA>50SMA>200SMA v. The strongest gap up of the consolidation period came at the very end on 8th Aug 2024, with a 6% gap up. Currently, BSE had a strong uptrend from 16th Aug 2024 up to14 Oct 2024, with an ~89% rise. The maximum decline it has seen from the peak is of ~20%. The current resistance of its time (o.i.t) level is at approximately INR 5000. The break of this with other factors will mark the next strong uptrend.
NSE:BSE
by lavleen_sharma001
$BTC-Incoming dip from POC @ $91K to 50% FIB @ $83K 🧠🧐My thought process is that after using Macro 1 day charts plotting Fib from 11/5 to current along with Volume Profile for the same date range, Bollinger bands, RSI, MACD we have a strong bearish wave coming. Definite confirmation to further downside. Historically this a bearish week going back decades. The bullish gaps BTC created further adds to the current downside momentum...timing is everything with trading markets. 🔻We should expect a solid week of bearish until at least after Cyber Monday. A run up past $100K before end of year is looking more unlikely by the day. Alts are following their pattern = was slow behind BTC to flip to bullish & now slow to flip to bearish so EXPECT MORE DECLINES! ⚠️‼️If using leverage stay near 5x to reduce your risk to volatility. 👉👀Chart Breakdown = Using the tools mentioned above we have a clear indication that the price will decline inbetween the Volume Profile POC (Point Of Control) @ $91.2K & FIB 50% @ $83.1K. If the price fills the 1st Bullish Gap/Volume Profile Gap @ $85.2K the support could establish and the dip stops. 🦃 Happy Holidays, take a week off from trading...Socialize, Eat, Drink, don't worry...the markets will be here when you get back.
Short
by GoldenRule365
Benchmarking a trend with a moving average (Example: Gold)They say a bad workman blames his tools. Quite often, good work means using the right tools. In a trend you need to use trend-following tools - and the most famous indicator is the moving average. When it's a fast-moving trend, you need to use averages taken over shorter periods (e.g. 20 day SMA > 200 day SMA). Likewise a slower trend needs averages taken over longer periods (e.g. 20 week > 50 day). Gold has just bounced off the 20 week moving average for the fourth time. The market is clearly benchmarking this trend according to this specific average. So while the price is above this moving average the trend is intact - and when it eventually breaks below it will be an important signal that the strength of the trend has weakened - and could be about to reverse. On the daily chart a rising trendline has broken but we would argue the reason the rebound off the low has been so strong is because the price rebounded off the 20 week moving average. For now our bias is bullish but there are no good risk:reward opportunities to buy and it remains unclear whether the short term uptrend can continue after the trendline break
OANDA:XAUUSDEducation
by jasperlawler
7
Analyzing Dogecoin Futures Open Interest: What Does it Mean ?Dogecoin (DOGE), the memecoin that captured the world's imagination, has seen its future open interest reach an all-time high. This metric, which measures the total number of outstanding futures contracts, is often used as an indicator of market sentiment and potential price volatility. While this development might seem bullish at first glance, it could also be a warning sign for DOGE's price trajectory. What Does High Open Interest Mean? A high open interest in futures contracts indicates increased speculative activity around a particular asset. In the case of Dogecoin, this suggests that traders are taking significant positions, either long or short, on the cryptocurrency's future price movement. On one hand, high open interest can be a bullish sign. It could mean that there is strong demand for Dogecoin, and traders are betting on its price to rise. However, it's important to consider the other side of the coin. High open interest can also indicate a potential for increased price volatility, as traders may be more likely to take profits or cut losses, leading to sharp price swings. The Role of Elon Musk and Memecoin Momentum Dogecoin's popularity has been significantly boosted by the support of high-profile figures like Elon Musk. Musk's tweets and endorsements have often sent the DOGE price soaring, attracting new investors and driving a speculative frenzy. Moreover, the broader memecoin market has been experiencing a period of outperformance, with many memecoins recording significant price gains. This trend has further fueled interest in Dogecoin and contributed to its price rally. Is a DOGE Price Top Imminent? While the recent surge in Dogecoin's price and the all-time high in futures open interest are undoubtedly exciting, it's crucial to remain cautious. Several factors suggest that a price top might be nearing: • Overbought Conditions: Technical indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) may be signaling overbought conditions, suggesting that the price may be due for a correction. • Profit-Taking: As the price of Dogecoin rises, traders who have made significant profits may start to take some of their gains off the table. This selling pressure could lead to a price decline. • Regulatory Uncertainty: The regulatory environment for cryptocurrencies remains uncertain, and any negative regulatory developments could have a significant impact on Dogecoin's price. • Market Sentiment Shifts: The cryptocurrency market is highly volatile, and sentiment can shift rapidly. If investor sentiment turns bearish, it could lead to a sharp decline in Dogecoin's price. Conclusion While the high open interest in Dogecoin futures is a noteworthy development, it's essential to approach it with a balanced perspective. While it could indicate strong demand and potential for further price appreciation, it also highlights the increased risk of price volatility. As with any investment, it's crucial to conduct thorough research and consider the potential risks and rewards before making any decisions. Investors should be mindful of the potential for a price correction and avoid making impulsive decisions based on short-term price fluctuations. A long-term investment approach, coupled with a solid understanding of the underlying technology and market dynamics, maybe the most prudent strategy for navigating the volatile world of cryptocurrencies.
CRYPTOCAP:DOGE
by bryandowningqln
Lupin Ltp technical Analysis with IndicatorsLupin Ltp technical Analysis with Indicators Technical Indicators Overview 1. Moving Averages: Trend: Medium- and long-term moving averages support a Buy signal, indicating that the stock is in a sustained bullish phase. The price is likely trading above critical moving averages (e.g., 50-day and 200-day), adding further confirmation to the uptrend bias. 2. RSI (Relative Strength Index): Current Status: RSI is in a neutral to slightly overbought zone. Interpretation: This shows sustained bullish momentum without significant risk of immediate overbought conditions, aligning well with the potential for an upward breakout from the flag pattern. 3. MACD (Moving Average Convergence Divergence): Current Status: The bullish crossover suggests positive momentum. Interpretation: MACD supports the case for a continuation of the uptrend, complementing the flag pattern and moving averages. Integrated Analysis The flag pattern's breakout potential and indicators align well to suggest an upward continuation if key resistance levels are breached. The moving averages and MACD provide medium- to long-term confirmation of bullish momentum. The RSI ensures there's room for further upside without entering extreme overbought territory, reducing the risk of an immediate reversal. Strategy Refinement 1. Bullish Trade Setup: Entry: Above INR 2,150 (flag/channel breakout). Indicators Confirmation: Ensure the price holds above moving averages. MACD should maintain a bullish crossover. RSI stays below 70 after breakout. Targets: INR 2,300 (short-term), INR 2,800–2,900 (flag breakout projection). Stop Loss: Below INR 2,050. 2. Bearish Contingency Plan: Entry: Below INR 2,000 if indicators turn bearish (e.g., RSI dips to 40–30 or MACD flips bearish). Targets: INR 1,950, then INR 1,850 (channel breakdown targets).
NSE:LUPINLong
by pas_infinity
200DMA in focus as ceasefire speculation sparks sharp dropA softer US dollar and falling bond yields typically create a favourable environment for gold, but not today. Prices have plunged sharply, testing the 200DMA, a level that has made for reliable buying in recent times. Reports of a potential Israel-Lebanon ceasefire may explain the drop, but given past false dawns, price action may prove more reliable than speculative headlines for gauging near-term directional risks. For longs, the 200DMA offers an opportunity to buy with a stop just below for protection, targeting $2710, a level tied to horizontal resistance briefly broken in light trade either side of the weekend. However, a close below the 200DMA would invalidate the bullish setup. Mixed momentum signals make price action the clearest guide for now.
FOREXCOM:XAUUSDLong
by FOREXcom
2
Roblox Rallied. Now it’s Pulled BackRoblox jumped to a two-year high earlier this month. Now some traders may see an opportunity in its latest pullback. The first pattern on today’s chart is the bullish gap on October 31 after earnings and revenue beat estimates. That rally pushed the video-game stock above its September 25 high (also near several peaks since October 2022). Last week, prices returned to test and hold that level. Has old resistance become new support? Next, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in August. That may suggest RBLX’s long-term trend has shifted higher. Finally, heavy volume days on October 8 and October 31 may reflect demand for the stock. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:RBLX
by TradeStation
HAL:NSE FLAG&PoleBullishPAT.1Yr. ReadyForBO DTF/WTF SWING/POSIT. HAL Stock Analysis Trade Plan: Entry: 25% of the total quantity at 4676 DTF Close, with an additional 50% added at 4078 DTF Close Price. Add Balance progressively Stop Loss: 4075 Target 1: 5650 Target 2: 6150 Hold for a period of SIX months to ONE year or until the target 2 is reached. Chart Pattern: The stock has Formed a FLAG&POLE PATTERN in About a Year to touch an all-time high (ATH) of 5674. Technical Indicators: The stock’s daily timeframe (DTF) shows that the price is currently trading between 50 and 200 EMA. The EMAs are in Transitional sequence of alignment. A potential bullish FLAG Channel trend in formation on the DTF/WTF timeframe. Wait for BO & Retest to seek Entry as above. Volume Analysis: There has been a gradual decline in Volumes since the price correction Started Four months ago, the Sellers have reduced considerably, wait for the Flag Structure BO on DTF to seek Entry. Prioritize Watch List: Keep this stock in your watch list for further analysis and potential trading opportunities. Disclaimer: This information is solely for educational and reference purposes. Trading inherently carries risks, and it’s crucial to exercise caution and conduct comprehensive research before making any investment decisions. Make sure you have a well-defined risk appetite, proper position sizing, and a stop-loss order based on your risk tolerance. Review your Portfolio periodically. Exit positions when the price closes 7-8% below your entry point or Earlier basis your Risk profile. Consider re-entering the market when the trend reverses.Before engaging in any trading activities, it is paramount to thoroughly comprehend these technical analysis concepts and conduct extensive research on the stocks you are interested in. Furthermore, consulting a certified financial advisor can offer valuable insights and guidance before making investment decisions. Technical Analysis Concepts: Multiple Time Frame Analysis (MTFA): Daily Time Frame (DTF): Used for short-term analysis and identifying trends. Weekly Time Frame (WTF): Provides a broader perspective and helps in trend confirmation. Monthly Time Frame (MTF): Ideal for long-term analysis and trend analysis. All-Time High (ATH): The highest price reached on a specific chart. Lifetime High (LTH): The highest price reached over the entire chart’s history. Stop Loss (SL): A predetermined price level at which an investment is automatically exited to limit potential losses. Swing Trade: A trading strategy that involves holding positions for a significant period, typically few weeks to months. Positional Trade: A trading strategy that aims to capitalize on long-term trends and position oneself accordingly. CHART PATTERNS Rounding Bottom Cup/Handle (RBC&H): A pattern that signals a potential reversal from a downtrend. Breakout (BO): A price move closure above a resistance or below a support level. Flag & Pole BO: (F&P BO) Bullish Continuation Pattern Consolidation : Price Typically Swings between a Range for a period of Time Long or Short basis the MTFA. Breaking out of this range UPWARDS is an opportunity to BUY and DOWNWARDS is SELL opportunity. Moving Averages: Exponential Moving Average (EMA): A popular moving average that places more weight on recent price data. Volume-Weighted Moving Average (VWMA): A moving average that gives more weight to high-volume stocks. Fibonacci Retracement/Extension: Trend-based Fibonacci Retracement: Used to identify potential support and resistance levels during re-tracements. Trend-based Fibonacci Extension: Used to identify potential breakout levels during extensions.
NSE:HALLong
by billpramod
ATFL NSE 4Y3M Range CHANNEL BO Bullish POSITIONAL AGRO TECH FOODS Stock Analysis Trade Plan: Entry: 50% of the total quantity at 1050 DTF Close, with an additional 50% added at 1155 DTF Close Price. Stop Loss: 922 Target 1: 1460 Target 2: 1680 Hold for a period of SIX months to TWO year or until the target 2 is reached. Chart Pattern: The stock experienced a Consolidation period of 4Y3M to touch an all-time high (ATH) of 1152. Technical Indicators: The stock’s daily timeframe (DTF) shows that the price is currently trading above the 50-day exponential moving average (EMA) and the 20-day EMA above the 50D EMA. The EMAs are in Ascending sequence of alignment. A potential bullish trend in formation on the DTF/WTF timeframe. Volume Analysis: There has been a surge up of volumes on the buy side for a Two quarter now. There is buying in the past weeks above the 20VMA. Price Breakout has been done yesterday and retest today take entry as recommended in Trade Plan. Prioritize Watch List: Keep this stock in your watch list for further analysis and potential trading opportunities. Disclaimer: This information is solely for educational and reference purposes. Trading inherently carries risks, and it’s crucial to exercise caution and conduct comprehensive research before making any investment decisions. Make sure you have a well-defined risk appetite, proper position sizing, and a stop-loss order based on your risk tolerance. Review your Portfolio periodically. Exit positions when the price closes 7-8% below your entry point or Earlier basis your Risk profile. Consider re-entering the market when the trend reverses.Before engaging in any trading activities, it is paramount to thoroughly comprehend these technical analysis concepts and conduct extensive research on the stocks you are interested in. Furthermore, consulting a certified financial advisor can offer valuable insights and guidance before making investment decisions. Technical Analysis Concepts: Multiple Time Frame Analysis (MTFA): Daily Time Frame (DTF): Used for short-term analysis and identifying trends. Weekly Time Frame (WTF): Provides a broader perspective and helps in trend confirmation. Monthly Time Frame (MTF): Ideal for long-term analysis and trend analysis. All-Time High (ATH): The highest price reached on a specific chart. Lifetime High (LTH): The highest price reached over the entire chart’s history. Stop Loss (SL): A predetermined price level at which an investment is automatically exited to limit potential losses. Swing Trade: A trading strategy that involves holding positions for a significant period, typically few weeks to months. Positional Trade: A trading strategy that aims to capitalize on long-term trends and position oneself accordingly. CHART PATTERNS Rounding Bottom Cup/Handle (RBC&H): A pattern that signals a potential reversal from a downtrend. Breakout (BO): A price move closure above a resistance or below a support level. Flag & Pole BO: (F&P BO) Bullish Continuation Pattern Consolidation : Price Typically Swings between a Range for a period of Time Long or Short basis the MTFA. Breaking out of this range UPWARDS is an opportunity to BUY and DOWNWARDS is SELL opportunity. Moving Averages: Exponential Moving Average (EMA): A popular moving average that places more weight on recent price data. Volume-Weighted Moving Average (VWMA): A moving average that gives more weight to high-volume stocks. Fibonacci Retracement/Extension: Trend-based Fibonacci Retracement: Used to identify potential support and resistance levels during re-tracements. Trend-based Fibonacci Extension: Used to identify potential breakout levels during extensions.
NSE:ATFLLong
by billpramod
HAL NSE Flag&Pole BO WTF SWING/POSITIONALHindustan Aeronautics STOCK Analysis TRADE PLAN (DTF Close Price for SWING /POSITIONAL) ENTRY -4680 25% Qty, Add 50% 4950 qty Add Progressively on DTF Close SL - 4420 TARGET -SWING-01- 5365 , TGT02--6150 Hold For a 1+ Year or TGT 2 Chart Pattern : STOCK had a 9 Month Streak to Touch an ATH of 5659, Retracing to 38.2% FIBO Level fin MTForming a Bullish Flag Pattern. Price has just BO of a 3M 2W Pullback on MTF. INVESTORS can also enter above 5100 LVL for TGT 02. INDICATORS EMA : The Price is Currently Trading above 20EMA, and 20EMa below 50EMA in DTF. STOCK EMAs are currently in Transitional stage of alignment with reasonable Volumes indicating start of a bullish Trend on DTF. FIBO/E : Currently the price is below 50% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Investors Enter above 4950-5000 Price lvl. Volumes: NA Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses... Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High LTH -LifeTime High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap 20VMA -20Volume Moving Average SWING/POSITIONAL Trade
NSE:HALLong
by billpramod
PPLPHARMA NSE POLE & FLAG BO DT/WTF SWING/POSITIONALPIRAMAL PHARMA STOCK Analysis TRADE PLAN ENTRY -230 50% Qty, Add 50% qty 243 DTF Close SL -186 (Note: SL is deep below the Weekly Low since there is a FVG in WTF TARGET --01-243 (Swing) , TGT02--306 Hold For a 06M-1 Year or TGT 2 Chart Pattern : STOCK had a 6 Month Streak to Touch an ATH of 243, Retracing in Equal time to 23.6% FIBO Level forming a Bullish Flag Pattern indicating a Bullish continuation.. INDICATORS EMA : The STOCK Price has Trading above 50EMA, and bouncing up from 20EMA in DTF. STOCK EMAs are currently in ascending alignment 20 to 200EMA where on 1th an 5.3%+ price rise with Volumes indicating start of a bullish Flag Breakout Trend on DTF/WTF. FIBO/E : Currently the price is above 20% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Traders Enter above 230. Volumes: There is a uptrend in Volume above the 20VMA on the DTF & Weekly Charts for10-12 Weeks even during the Pullback. Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses... Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High LTH -LifeTime High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap 20VMA -20Volume Moving Average SWING/POSITIONAL Trade
NSE:PPLPHARMALong
by billpramod
MUNJALAU NSE RBC&H BO WTF/MTF SWING/POSITIONALMUNJALAU STOCK Analysis TRADE PLAN ENTRY -118- 133 50% Qty, Add 50% qty 147 DTF Close SL -107 TARGET --01-154 Swing , TGT02--178 Hold For a 1-2 Year or TGT 2 Chart Pattern : STOCK had a formed a 6Y6M RBC and Handle of 8M. INDICATORS EMA : The Price is consistently Trading above 50EMA 4-5 Months on DTF, and 200 EMA to 21EMA are aligned in DTF/WTF . FIBO/E : Currently the price is above 23.6% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Traders Enter above 147. Volumes: There is a uptrend in Volume on the Weekly Charts for recent 3 Weeks and after the Pullback. Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry). Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High LTH -LifeTime High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap 20VMA -20Volume Moving Average SWING/POSITIONAL Trade
NSE:MUNJALAULong
by billpramod
RAIN NSE WTF Bearish Channel 3Y 4M BO Soon PositionalRAIN INDUSTRIES Analysis EARLY ENTRY TRADE PLAN ENTRY -176 25% Qty (refer linked Charts) SL -159 TARGET --01-219 (25%), TGT02--272 (50% gain) Hold For a Year or TGT 2 Chart Pattern : STOCK peaked 3.5Y ago 272 ATH and then got into a bearish Channel and is Trading in Range for 3Y now. The Stock Gained 6%+ today with Good Volumes above 20VMA. INDICATORS EMA : The Price is Currently Trading just above 20EMA, and 20EM crossed above 50EMA in DTF. STOCK EMAs are currently aligned in a ascending order 200 to 20 but indicating a Flat Trend on DTF/WTF. FIBO E : The Stock has Support at 23.6% FIBO Retracement Level, Price is currently trading near the 23.6% FIBO Retracement level. Add quantity Above 50% FIBO/R of 199 on DTF, with ChoCH at 176 on WTF is added impetus to the bullishness... Volumes: There is a uptrend in Volume on the Monthly Charts consistently in the current trading Range confirming the Accumulation Phase.. A Gap up can is the offing soon... Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry). Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High LTH -LifeTime High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap 20VMA -20Volume Moving Average SWING/POSITIONAL Trade
NSE:RAINLong
by billpramod
4
PAGEIND NSE RBC BO 1Y 2W Positional, Trend Line BO SwingSTOCK Analysis PAGEIND RBC BO TRADE PLAN ENTRY -42400 SL -42100 TARGET --01-42900 Swing , TGT01--45500 TGT2-49700 Hold For a Year or TGT 2 Chart Pattern : STOCK has recently broken out of Bearish Subtrend after hitting a LTH, Now its close to Forming a 1Y-2W RBC on the DTF/WTF. Targets for Swing and Positional Marked on chart INDICATORS EMA : The Price is Currently Trading above 20EMA, and 20EM crossed above 50EMA in June in DTF. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF. FIBO E : NA Volumes: Not Very Significant currently Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry). Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High LTH -LifeTime High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap 20VMA -20Volume Moving Average SWING/POSITIONAL Trade
NSE:PAGEINDLong
by billpramod
VEDL NSE ATH RBC Y14-5M BO WTF/MTF PositionalVEDL Analysis TRADE PLAN ENTRY -521 SL -475 TARGET --01-600 , TGT02-780 Hold For a Year or TGT 2 Chart Pattern : STOCK has recently broken its Long Term 14Y 5M ATH of 495 forming a 12Y-1M RBC on the WTF/MTF. The Stock is Consolidating for 2+Quarters now and Broken the 495 Strong Resistance Level. VEDL has crossed a medium term 2Y1M RBC Currently in a consolidation phase INDICATORS EMA : The Price is Currently Trading above 20EMA, and in Aug 2nd week 20EM crossed closed near 50EMA in DTF. STOCK EMAs are currently aligned in a ascending order pointing upwards 200 to 20 indicating a bullish Trend on all MTF too. FIBO E : After the Bounce-back from 38% FIBO Retracement Level in WTF, Price is currently trading above the previous Impulse uptrend with ChoCH at 340 on WTF Volumes: There is a contestant Volume buying above the 20EMA average for 7-8 months Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry). Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap SWING/POSITIONAL Trade
NSE:VEDLLong
by billpramod
TATASTEEL:NSE BULLISHFlagBO ATHRBC2Y-7M onDTF/WTF/MTF PositionalTATA STEEL Technical Analysis Chart Pattern : TATA STEEL has recently broken its ATH of 159 forming a 2Y-7M RBC on the DTF/WTF. Currently on a Pullback to form a Handle. The Handle Bullish Flag has also been broken on WTF. ENTRY on BO of WTF High 1st Week Oct24. INDICATORS EMA : The Price is Currently Trading above 9/20EMA, and 20EM crossed above 50EMA recently in DTF. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF. FIBO E : After the Bounc-back from 50% FIBO Retracement Level since a week, Price is currently trading near the 23.6% FIBO Retracement level of 168 on DTF with Impulse uptrend and ChoCH indicated at 155 on DTF Volumes: There is a uptrend in Volume on the Weekly Charts for2 Weeks after the 12 weeks Pullback. TRADE PLAN ENTRY -157 or Previous WTF High BO High Price SL -141 or Monthly Low Close Price TARGET 01-184 (17%), TGT02-222 (41%) Hold For a Year or TGT 2 Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity recommended, Add in Tranches of 25%-50% as prices moves upwards MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish BOS -Break Out Structure SWING/POSITIONAL Trade
NSE:TATASTEELLong
by billpramod
Golden Cross, Overbought Conditions, and Key Resistance Ahead!OANDA:XAUUSD Multi-Timeframe Analysis Price is above all moving averages, indicating an uptrend. A Golden Cross is forming near the 2656 level, suggesting bullish potential. However, caution is advised as the price is near strong resistance, which may cap upward movement. For a potential correction, the price target is 2656. The monthly RSI is overbought at 80.07, indicating a potential long-term pullback. The weekly RSI is mildly bullish at 65.45, while the daily RSI is neutral at 58.62. The 4-hour RSI is overbought at 76.36, signaling a possible pullback. The 3-hour and 2-hour RSIs are extremely overbought, with bearish divergence, reinforcing a likely near-term correction. The price is approaching a critical resistance zone, where sellers may enter. Weak volume across timeframes suggests a lack of buying conviction, and if volume remains weak near resistance, a reversal or consolidation could occur. Actionable Insights: Caution is advised due to overbought conditions and weak volume. Watch for price rejection at resistance for a potential pullback. If the Golden Cross is confirmed, ensure volume picks up to sustain the move; otherwise, the breakout may be short-lived. A pullback or reversal is likely, especially near resistance, with the price target for a correction at 2656. key levels: Ultimate Resistance: 2734.375 Major Support, Pivot Point: 2656.250 Ultimate Support: 2578.125 Reminder: Always follow your risk management strategies and trade responsibly. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any trading decisions. Happy trading!
OANDA:XAUUSDShort
by SpicyPips
4
Monolithic Power | MPWR | Long at $580.00Monolithic Power $NASDAQ:MPWR. If the semiconductor market continues to get attention in connection with AI, there may be a bounce here near $580.00 as NASDAQ:MPWR enters my historical simple moving average area. However, a further dip into the high $400s wouldn't surprise me (tax harvesting season is in session) and doesn't change the thesis as long as the overall trend continues to stay positive. While NASDAQ:MPWR is a strong company with growth predictions on the horizon, it has a 65x P/E, 46x price-to-cash flow, lots of insider selling, and some near-term concern if the economy shows weakness. From a technical analysis perspective, though, it's in an area of opportunity as long as semis stay a "hot" investment. Thus, at $580.00, NASDAQ:MPWR is in a personal buy zone. Target #1 = $690.00 Target #2 = $745.00 Target #3 = $825.00 Target #4 = $908.00
NASDAQ:MPWRLong
by WorthlessViews