SWING IDEA - SUNTECK REALTYSunteck Realty , a prominent real estate development company, is showing technical indicators for a potential swing trading opportunity.
Reason are listed below :
Multiple Tests at 500 Zone : The 500 level has been tested multiple times, indicating strong resistance. The price is now attempting to break through this level, suggesting strong bullish momentum.
Breaking 5+ Year Consolidation Zone : The stock is breaking out of a long consolidation phase that lasted over 5 years, signaling a potential new bullish trend.
50 and 200 EMA Support on Weekly Timeframe : The stock is finding support at both the 50-week and 200-week exponential moving averages (EMA), reinforcing the overall bullish sentiment and providing strong support levels.
Trading Near All-Time High : The stock is trading near its all-time high, indicating strong market confidence and potential for further gains.
Steady Price Action : The stock has shown steady upward movement, indicating controlled and sustained buying interest.
Increased Volumes : A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest.
Target - 590 // 780
Stoploss - weekly close below 430
Disclaimer :
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Alltimehigh
NOCILLooks ready for an All Time High Breakout.
Huge Consolidation Done.
Massive Volume Buildup.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
SWING IDEA - SCHAEFFLER INDIA
Schaeffler India , a leading automotive and industrial supplier, is displaying technical signals that suggest a promising swing trading opportunity.
Reasons are listed below :
Break of 4000 Resistance Zone: The 4000 level was a significant resistance zone. The price has broken through this level, retested it, and is now making new higher highs, indicating strong bullish momentum.
Bullish Engulfing Candle on Weekly Timeframe: The recent formation of a bullish engulfing candle on the weekly chart suggests strong buying pressure and potential for further upward movement.
0.5 Fibonacci Support: The stock is finding support at the 0.5 Fibonacci retracement level, a key area where prices often bounce back, indicating potential for an upward move.
Trading Above 50 and 200 EMA: The stock is trading above both the 50-week and 200-week exponential moving averages (EMA), reinforcing the bullish sentiment and providing strong support levels.
Trading at All-Time High: The stock is trading at its all-time high, suggesting strong market confidence and potential for further gains.
Constant Higher Highs: The stock has been consistently making higher highs, indicating a strong uptrend and sustained bullish sentiment.
Target - 5550 // 6150
Stoploss - weekly close below 4100
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - KELLTON TECH SOLUTIONSKellton Tech, a global IT services and digital transformation solutions provider, is showing technical signals that suggest a promising swing trading opportunity.
Reasons are listed below :
Attempt to Break Cup and Handle Pattern : The price is attempting to break out of a classic cup and handle pattern, which is a bullish continuation pattern indicating potential for further upward movement.
115-125 Resistance Zone : The 115-125 level has been a significant resistance zone, tested multiple times. The price is now trying to break through this level, suggesting strong bullish momentum.
Bullish Marubozu Candle on Weekly Timeframe : The recent formation of a bullish marubozu candle on the weekly chart indicates strong buying pressure and suggests potential for further upward movement.
Increase in Volumes : A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest.
Support at 50 EMA on Weekly Timeframe : The stock took support at the 50-week exponential moving average (EMA) and is now bouncing back, reinforcing the overall bullish sentiment and providing a strong support level.
Higher Highs : The stock is consistently making higher highs, indicating a strong upward trend.
Target - 155 // 170 // 185
Stoploss - weekly close below 97
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - ZENSAR TECHNOLOGIESZensar Technologies , a global IT services provider specializing in digital transformation and technology solutions, is showing strong technical signals for a potential swing trade.
Reasons are listed below :
Head and Shoulder Pattern : This classic reversal pattern indicates a potential shift in trend direction. A completed pattern and subsequent breakout could signify a bullish move.
Breakthrough of Resistance Zone : The 500-550 zone, a previously challenging resistance area, has been decisively broken, suggesting a sustained upward trajectory.
Bullish Engulfing Candle on Weekly Timeframe : This formation, where a larger bullish candle completely envelops a smaller bearish one, indicates a strong shift toward upward momentum.
Breaking a Long Consolidation Phase : Zensar Tech has broken out of a 2.5+ year consolidation, suggesting a new bullish phase and increased market confidence.
Spike in Volumes : A significant increase in trading volume often confirms the strength of a breakout, indicating high investor interest and support.
0.618 Fibonacci Support : This Fibonacci retracement level acts as a strong support, reinforcing the potential for continued upward movement.
Higher Highs Formation : This pattern suggests a consistent uptrend, with each high being higher than the previous one.
Trading at All-Time High : Although this is generally bullish, it's essential to monitor for signs of overextension or potential pullbacks.
Target - 725 // 850
Stoploss - weekly close below 535
Disclaimer :
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Conflux _ Next Target is Box Size _ Biggest Profit (+1,456 % )Conflux, Trading in Side Waves or Box. Next Target is the Box Top and if Breakout above the Box, Box Target is USD 2.27048238. Offering the Chance to Achieve Biggest Profit of (+1,456%).
Suppose if Breakout bottom of the Box, exit all the positions.
Support me; I want to Help People Make PROFIT all over the "World".
Disco _ Achieving Pole Target price at JPY 126,650 +318% PROFITDisco Corporation, Rising Channel Pattern formed and Breakout. Breakout in November 2023 and approaching the Pole Target price at JPY 126,650. Totally +318% PROFIT and there is Still +84%. Try to use this opportunity to make an 84% profit. This is Long-Term Analysis, must follow the Trend Continuation Technique.
Support me; I want to Help People Make PROFIT all over the "World".
CANON _ Breakout after 14 years _ Target is JPY7260 ,+60% PROFITIn Canon, a Falling Wedge Pattern formed and Breakout. The market is going to Breakout above the "Strong Resistance" level after 14 years, it indicating a significant bullish trend. Offering the potential to Achieve a 60% PROFIT at the price of JPY 7,230, which is also the previous all-time high. If again Breakout the All-Time High, the market could approach the Wedge Pattern Target at JPY 8,750, Resulting in a Total Potential Profit of 94%.
Support me; I want to Help People Make PROFIT all over the "World".
Sony Group _ Next Target is Channel Top, Achieve +94 % PROFITSony Group Corporation is Trading within a Rising Channel Pattern and is approaching the Resistance level or All-Time High. If it Breakout above the Resistance level, the Next Target is the Channel Top price at JPY 28,800, offering a chance to achieve a +94% PROFIT.
Support me; I want to Help People Make PROFIT all over the "World."
AUD/JPY Flirting with Record Highs; Eyeing Higher LevelsThe Australian dollar (AUD) is on a tear versus the Japanese yen (JPY) and displays little sign of slowing, with the AUD/JPY currency pair recently refreshing all-time highs of ¥108.60 after rupturing the ¥107.86 peak formed in 2007.
All-Time Highs and H4 Ascending Triangle
Regarding current price action, ¥107.86 will likely be viewed as a potential support level. Moving across to the H4 timeframe, you will note that after the pairing ventured north of ¥108.00, buyers and sellers have been busy carving out a potential ascending triangle, drawn from ¥108.58 and ¥108.03. In strong trending environments such as what we’re in now on the AUD/JPY, the ascending triangle formation is considered a continuation pattern. This means that a breakout to the upside is potentially on the cards, particularly as price is nearing the apex of the ascending triangle.
A breakout to the upside is usually traded in one of two ways: either enter long on a H4 close above the ascending triangle and take aim at the ¥109 region as an initial take-profit objective, or wait and see if price action retests the breached boundary as a support and enter based on that level holding, again targeting ¥109 as an initial upside objective.
🚀📈 CAMS Preempting All-Time High and Rounding Bottom Breakout!🚀📈 CAMS Preempting All-Time High and Rounding Bottom Breakout! 🌟
🔍 Current Market Price (CMP): 3526
📉 Stop Loss: 3041
🎯 Target: 4067
🎯 If All-Time High Breaks: Potential to reach 6000
Reason: CAMS is showing strong signs of a rounding bottom breakout and is preempting an all-time high. Given the potential for significant upside, it’s crucial to maintain low position sizing.
⚠️ Important: Preempting market movements with low position sizing is crucial due to volatility.
⚠️ Disclaimer: Not a SEBI registered analyst. Consult your financial advisor for personalized advice.
🌟 Let's navigate the waves of opportunity together! #CAMS #MarketAnalysis #TradingInsights 📊💼
MURATA _ Next Target +30% _ Rising Wedge Pattern Top at JPY 4600Rising Wedge Pattern forming and Break All Time High in Murata Manufacturing. So Next Target is Wedge Pattern Top (or) Resistance line of Wedge Pattern. And Offering a Chance to Make PROFIT of +30 % or more.
Support me; I want to Help People Make PROFIT all over the "World."
BITCOIN VS ALTCOINS Since the beginning of 2023 BITCOIN has been on a relentless upward trajectory. As the highest market cap cryptocurrency it often sets the tone for the entire market. When Bitcoin goes up it tends to drag the rest of the market up with it and the same when Bitcoin falls is the general rule of thumb.
This post is to showcase the difference between Bitcoins market cap (TOTAL) Vs the Altcoin market cap which excludes Bitcoin and Ethereum (TOTAL3) . As the market leader Bitcoin is often the first mover and that can be seen in the chart on the left, we have at first glass a mirror image on the TOTAL3 chart on the right but with a few key differences:
- When Bitcoin fell from its ATH in November, price found it's bottom at the previous cycles ATH as seen by the blue horizontal ray. Whereas the altcoin market continued to drop below its previous ATH by another 19.67% . It's an important difference because it shows that altcoins are worse off in a bear market when compared to Bitcoin, and they start from further back once the Bullrun arrives.
- We can see that both charts are very similar, the next biggest difference is clearly the progression made in this Bullrun so far. Bitcoin has already moved past its "right shoulder" of the head and shoulders price pattern, TOTAL3 however is still some ways off that mark, the chart shows altcoins have a 38% gap between current level and the top of that "right shoulder" .
The reason for the gap in the race can be explained the same way each cycle because they're exactly the same patterns each cycle. Bitcoin is the first mover as it is the biggest by market cap, the same cycle of capital injection happens each and every time:
BITCOIN ----> LARGE CAPS ----> MID CAPS ----> SMALL CAPS
Profits get rotated into the next more risky investment over and over until the blow off top and retail are left holding their positions all the way down. This will most likely still be the case this cycle however there is a new player on the field...
BTC ETF's...
This is new and exclusive to this cycle and I believe this will partly change the dynamic of the cycle when compared to years gone by. With over $10 BILLION DOLLARS of net inflows into BTC the institutional buyers are now here in a much bigger way than ever before, how will this disrupt the money flow? It could prevent profits from rotating somewhat into the large caps, but not completely. Naturally the ETF providers will have a large stake in the holding of BITCOIN and are going to be less inclined to sell when the cycle looks to near its end as they are still providing the service to their customers. Having less sellside pressure will help BTC hold its value.
The altcoins may get the negative side of this as less profits in theory will rotate into smaller cap coins and result in a smaller 'Altseason" . This is the cost of institutional adoption. There is always the possibility of altcoin ETF's but that is another discussion. For now I can see altcoins playing catch up later this year and going into 2025.
NASDAQ Technical Analysis: Navigating New All-Time Highs and KeyTechnical Analysis: New All-Time Highs and Next Outlook
Next Outlook:
The price has stabilized within the bullish zone after breaking the previous all-time high of 20090, reaching the previously mentioned target of 20410. The trend remains bullish, with a potential move towards 20900.
Bullish Scenario:
As long as the price remains above 20400, the bullish trend is likely to continue, targeting 20900 and 21000. There is also a possibility of a retest down to 20400 before resuming the upward movement.
Bearish Scenario:
For a bearish trend to be confirmed, the price must break below 20400 and stabilize with a 4-hour or 1-hour candle close beneath this level. This could lead to further declines towards 20100, and a stabilization below 20085 could result in a drop to 19625.
Key Levels:
- **Pivot Line:** 20410
- **Resistance Levels:** 20750, 20900, 21000
- **Support Levels:** 20225, 20085, 19625
Today's Expected Range:
The price is expected to fluctuate between the support at 19625 and the resistance at 20540.
previous idea:
SWING IDEA - AEGIS LOGISTICS
Aegis Logistics , with its robust market presence and expertise in logistics and supply chain solutions, presents an attractive opportunity for swing traders.
Reasons are listed below :
Cup and Handle Pattern : Aegis Logistics is exhibiting a classic cup and handle pattern, suggesting a potential bullish continuation.
Breakout and Retest : After multiple tests, the stock broke above the crucial 400 level and has now retested it successfully, indicating strong buying interest and potential upward momentum.
Bullish Marubozu Candle : A bullish Marubozu candle on the weekly timeframe, engulfing four previous weekly candles, signals strong buying pressure and potential upward momentum.
Attempt to Breach All-Time High : Aegis Logistics is attempting to breach its all-time high, indicating strong upward momentum and potential for further gains.
0.5 Fibonacci Support : Finding support at the 0.5 Fibonacci level reinforces the bullish outlook, providing a strong foundation for potential upward movement.
Breakout from Consolidation : The stock has broken out from a consolidation phase lasting over three years, suggesting a significant shift in market sentiment and potential for sustained movement.
50 EMA Support : The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias.
Increased Volumes : Notable increase in trading volumes reflects heightened market interest and potential accumulation by investors, adding confirmation to the bullish thesis.
Target - 520 // 600
Stoploss - weekly close below 380
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Bitcoin - Eventually hitting $250.000?BITSTAMP:BTCUSD is looking extremely bullish despite the recent 4 month consolidation.
For more than four months, Bitcoin has basically been moving sideways, experiencing quite volatile swings towards the upside and downside. However we should not neglect the overall bullish behaviour of Bitcoin which is still creating cycle and correction after cycle and correction. Therefore, maybe after a short term pullback, I do expect (much) higher prices on Bitcoin.
Levels to watch: $67.000, $37.000
Keep your long term vision,
Philip - BasicTrading
JSWINFRALooks Supergood on Charts.
Near All Time High.
Above all Key EMA.
Good for Shortterm.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
SWING IDEA - FINOLEX INDUSTRIESWith a rich legacy and a strong foothold in the industrial sector, Finolex Industries emerges as an intriguing candidate for swing traders seeking opportunities in the market.
Reasons are listed below :
Breakthrough Attempt: After multiple tests, the stock is attempting to break through the critical 240 level, signaling a potential bullish breakout.
Bullish Marubozu Candle: A bullish Marubozu candle on the weekly timeframe signifies strong buying pressure and potential upward momentum.
Candlestick Engulfing Pattern: This week's candle has engulfed the previous eight weekly candles, indicating a significant shift in market sentiment towards bullishness.
50 EMA Support: The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias.
0.618 Fibonacci Support: Finding support at the 0.618 Fibonacci level strengthens the bullish case, suggesting a solid foundation for potential upward movement.
Constant Higher Highs: The stock has consistently formed higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains.
Target - 300 // 325
Stoploss - weekly close below 203
Disclaimer :
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
HDFC BANK _ Next Target is 1994 rupees (0.6 Fibonacci Extension)HDFC Bank is approaching its all-time high. If it Breakout above the resistance level, HDFC Bank could reach a New All-Time High, with the first target at 1994 rupees (0.6 Fibonacci extension level). The second target is 2385 rupees (100% Fibonacci extension). This is a Long-Term projection, so it is important to follow trend continuation techniques.
I want to help people to Make Profit all over the "World".
KALYANKJILAll Time High Breakout.
Accumulation Done.
Good Volumes.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
NETFLIX Retesting All-Time-High! Sell!
Hello,Traders!
NETFLIX is trading in a
Strong uptrend but the
Stocks is now retesting
An all-time-high horizontal
Resistance level around 700$
From where we will be
Expecting a local bearish
Correction because the
Stocks is locally overbought
Sell!
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Check out other forecasts below too!
USDJPY / Consolidation with Potential for Bullish ContinuationMarket Consolidation and Key Levels:
The price has broken the all-time high and stabilized above it. As long as it trades above 159.820, it will remain in the bullish zone, targeting 161.800.
Bullish Scenario:
For the bullish trend to persist, the price must stabilize above 159.820, with an aim towards a target of 161.800.
Bearish Scenario:
A downtrend will be confirmed if the price stabilizes below 159.820, potentially reaching 159.110.
Key Levels:
- Pivot Line: 159.820
- Resistance Levels: 160.500, 161.300, 161.850
- Support Levels: 159.220, 158.800, 157.980
Summary:
The market is currently in a consolidation phase between 159.820 and 158.800. A break above 159.820 signals a bullish continuation towards 161.700, while stability below 158.800 indicates a potential decline to 157.970.
In summary, the key level to watch is 159.820. A move above this level confirms bullish momentum, while a drop below 158.800 suggests further downside potential.
Previous idea: