BTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD
UP MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its
Multiple Time Frame Analysis
17 years breakout candidate PRIME SECURITIESPrime Securities Ltd., incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 1,156.56 Crore) operating in Financial Services sector.
Prime Securities Ltd. key Products/Revenue Segments include Income From Merchant Banking
A closing above 243 will confirm the breakout. This breakout will be on Yearly + Monthly + Weekly + Daily + Hourly timeframe, all at once
BDL - potential 45% upsideDaily Chart (Left side)
Price bounce off from previous strong demand zone
Price breaking out of previous swing high
75 min chart (Right side)
Previous up-trend with high volumes
Price consolidation and Volume Contraction
Price breakout of consolidation with good volume spike
Trade Execution
Buy if price crosses about last candle high 1275
Target All Time High 1700-1800
Stop loss 1193 on daily closing basis
Trailing Stop Loss SAM/EMA 20 daily or SuperTrend 10,3
BANKNIFTY forming FLAG-POLE pattern!!?As we can see BANKNIFTY had been sideways as analysed in our previous post but can be seen in more like flag pole pattern in bigger TF which is a sign of bullish continuation pattern hence any closing above our zone could show new ATH so plan your trades accordingly.
54000 levels needs to be broken for new ATH !!Following our analysis. BANKNIFTY rallied over 2000++ points from our demand zone and finally reached resistance which we had previously analysed being a gap acting as important resistance hence as long as BANKNIFTY maintains itself below 54000 levels we can see BANKNIFTY being negative to volatile till it finally breaks above 54000 levels and sustains itself for new ATH so plan your trades accordingly and keep watching.
EXACT rejection from our RESISTANCE.. what’s next? As we can see BANKNIFTY showed exact rejection from our given zone as we had been analysing in last few posts as the gap could potentially act as a good RESISTANCE. As of now BANKNIFTY has shown over 2000++ points move in spot chart and hence we can expect some breather here before acclaiming new ATH so one can book partial profits here.
And the UPMOVE continues !Following the breakout, we saw more like a unidirectional move from our zone showing strength as expected. Now following the charts, we can expect BANKNIFTY to continue its bull run till 53800 which a gap exists which could potentially act as a RESISTANCE so plan your trades accordingly.
Adani Gas Retraced long swing Hello everyone,
Adani total gas jump from bottom 575 to 860 now trading at 745 retrace 38% with volume drop indicates sellers dont have strength RSI also adjusted from overbought to now near 40 ema 50 support is there good long set up for trend fibbo extension 0.61% i.e 920++
BTC Short setup for 04-12-2024 Looking for the short setup from two point of zone.
First zone is at 97k and second one is at 97800 levels as marked in chart.
BTC seems changing the direction for the shortterm correction till 87-85k levels.
Entries would be identified after finding the reversal setup as mentioned in the chart.
Trade with right risk and reward.
This is shared only for the educational purpose.
STRONG closing shown by BANKNIFTY If managed to sustain above our zone then 1000 upmove can be seen in coming days before finally getting rejected from the gap which could potentially act as a RESISTANCE, till then BANKNIFTY has over 1000++ points to move so plan your trades accordingly and keep watching
DIVGIITTSHello Everyone I hope you all will be doing well in your life and your investing as well. Here I have brought a stock that is mostly ready to give Breakout. Divgi TorqTransfer Systems is the name of the stock. CMP is 653. Its IPO price was 590. And it's near that price. Mostly it will not be that 590—IPO price, 580 must be a strong support. Once it gives a breakout above 670, ready to go long. Target as per fibonacci.
About
Incorporated in 1964, Divgi Torqtransfer
System Ltd manufactures Auto
IGARSHI - Breakout from the resistanceIGARSHI has shown a promising breakout above the resistance level, signalling potential bullish momentum. However, to confirm the breakout’s strength, it’s crucial to wait for the weekly candle to close above the resistance.
Once confirmed, it could be a solid entry point and expected to move at least 40%
BANKNIFTY has gap to fill..!As we can see a massive gap which is yet to be filled hence despite the break of zones, we might see this gap to be filled before continuing its rally. As of now following the Indian GDP news, we can expect a weaker opening which could also lead to gap covering and any short covering from that area could lead to continuations of bull run so plan your trades accordingly.
Tata Motors Intraday Ideas for December first wek 2024hi! this is Kapil,
Traders know the Secret of intraday trading in Tata Motors.
One candle close above with volume will result into targets
of both sides in Tata motors in 2024 Dec first week.
Disclaimer - Before making any actual investment or trading decisions, it is strongly recommended that you consult a qualified broker or financial advisor.























