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Central Depository Services (I) Long positionCentral Depository Services (I) Ltd Daily Chart Analysis This daily chart of Central Depository Services (I) Ltd (CDSL) reveals key market movements and a clear ascending trendline support that has provided a strong base for the stock’s recent upward movement. Key Observations: 1.Ascending Triangle Pattern: The chart shows an ascending triangle pattern, characterized by higher lows connecting through a rising trendline and a relatively horizontal resistance zone near ₹1,660.20 - ₹1,664.40. This pattern typically suggests a continuation of the existing uptrend with a potential breakout. 2.EMA Levels: The stock price is above the 13, 48, and 200 EMA levels, which supports the bullish sentiment. The moving averages act as a dynamic support zone, indicating strong buying momentum. 3.Volume Trends: The volume shows periodic spikes, suggesting accumulation. A volume surge during an upward breakout above ₹1,660 - ₹1,664 could confirm the strength of the breakout. 4.Resistance and Support Zones: • Resistance: The key resistance levels to watch are around ₹1,660.20 and ₹1,664.40. If the price breaks out above these levels with strong volume, it could lead to a significant upward move. • Support: The immediate support level lies at ₹1,560.55, aligned with the ascending triangle’s support trendline. A break below this level may result in a corrective phase or consolidation around ₹1,486.65. 5.RSI Indicator: The RSI is around 58.93, indicating bullish momentum but not yet in overbought territory. A move above 60 would further strengthen the bullish sentiment. Potential Scenarios: • Bullish Scenario: A sustained breakout above ₹1,664 with strong volume may push the stock toward higher resistance zones, potentially targeting ₹1,750 and beyond. • Bearish Scenario: A failure to break above the resistance levels and a drop below ₹1,560 could lead to a pullback toward the support levels around ₹1,486. Impact of US Elections: The outcome of the US elections can influence global market sentiments, including Indian equities. A favorable or market-friendly outcome (e.g., policies encouraging global trade, fiscal stimulus, or economic stability) could trigger bullish momentum in international markets, including CDSL, especially if investor sentiment turns risk-on. Conversely, market uncertainties or potential negative impacts on global trade and investments could weigh down sentiment, causing increased volatility and possibly stalling upward momentum for stocks like CDSL. Summary: CDSL is currently showing a bullish pattern with an ascending triangle. The upcoming breakout or rejection from the resistance levels will likely set the direction for the stock. Traders should monitor volume, price action, and global macroeconomic influences, including the US election outcomes, to gauge market sentiment accurately. Disclaimer: This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a financial advisor before making any trading or investment decisions.
NSE:CDSLLong
by tintinhawk
BTCUSD puts on the big gains 10+%DogeUsd bounces back Some of the biggest daily Cryptocurrency gains today as BTCUSD chases the breakout-zone and now sits within striking range. BTCUSD is still part of a 3 x Top system on monthly, weekly and daily charts. Right now it seems be retracing down in price but I don't think it will move down much further as its immediate and intermediate Gig is to breakout past 75,000 very soon and taking Cryptocurrency with it. DogeUSD puts on more than 14% during the last trading day. TRON TRXUSD is in a fantastic setup now on the higher time frames, see my Post on TRON and the setup, why it's one of the structurally strongest charts in existence and why I see a bullish turnaround in its price very soon. It's price is still under 20 cents and its only getting fatter going forwards.
EIGHTCAP:BTCUSDLong
by Easy_Explosive_Trading
Bitcoin Firing & Plenty of Upside Momentum Today Monday Bitcoin got its support around the 67,000 to 68,000 mark or thereabouts over the weekend and today has made a measured run to more upside and plenty of momentum it seems to be displaying with the uptick in Volume today compared to the weekend. Price is about 7% below the all-time high price set in March 24. I doubt it will rush at the breakout point today but you never know. But I think bitcoin won't hesitate to properly breakout in price past the mid-70s, Cryptocurrency views the 'breakingout' to higher prices, as the sooner the better.
EIGHTCAP:BTCUSDLong
by Easy_Explosive_Trading
2
$QS : A QUANITIFIED SWING SETUP! 80%+ MOVE LOOMING! NYSE:QS A QUANITIFIED SWING SETUP! 👊 NASDAQ:TSLA DEAL INBOUND?! 3 Reasons Why in this Video: 📹 1⃣ My "High Five Trade Setup" strategy 2⃣ Catalyst: #QuantumScape started shipping Battery cells to carmakers and had price target increased to $7 3⃣ Symmetrical Triangle Breakout (MM: 80%+) Company Overview: QuantumScape Corp, a company focused on developing next-generation battery technology for electric vehicles (EVs) and other applications. Video analysis 3/5 dropping today. Stay tuned!🔔 Like ♥️ Follow 🤳 Share 🔂 Are they gonna be a batter cell goliath in this space?! Comment below if you are a believe in NYSE:QS Not financial advice. AMEX:IWM NASDAQ:QQQ AMEX:SPY NASDAQ:TSLA NASDAQ:IBRX NASDAQ:UPXI NASDAQ:WULF #ElectricVehicles #TradingSignals #TradingTips #options #optiontrading #StockMarket #stocks
NYSE:QSLong
by RonnieV29
3
Titan Company Ltd. Technical AnalysisTitan has been trading within a consolidation phase recently, suggesting that buyers and sellers are in balance. Let’s look deeper at the technical levels and indicators that might guide us in the coming sessions: 1. Support and Resistance Zones: Key Resistance Levels: The immediate resistance sits around ₹3,452.50 and further up at ₹3,557.05. These levels could act as barriers if the stock attempts a breakout from current levels. Key Support Levels: Titan has notable support at ₹3,233.95. A drop below this could signal further downside pressure. 2. Trendline Analysis: A descending trendline has been in place, connecting recent lower highs. If Titan breaks above this trendline with sustained volume, it could indicate a potential bullish reversal. Meanwhile, a smaller, rising support line (forming a wedge pattern) offers a bullish signal if the price manages to hold above it in the short term. 3. MACD Indicator: The MACD is currently in negative territory, indicating that the stock is under some bearish momentum. However, if we see a crossover above the signal line soon, it could hint at a possible bullish shift. 3. Volume Insights: Volume has remained relatively stable, showing no major spikes that would suggest a strong trend continuation or reversal. A rise in volume, especially near support or resistance levels, may validate any potential breakout or breakdown. Conclusion: Titan appears to be in a consolidation phase, with the possibility of a breakout in either direction. Traders might look for confirmation at key levels, such as a break above the ₹3,452.50 resistance for bullish momentum or a fall below ₹3,233.95 support for bearish sentiment. Monitoring the MACD signal line crossover and volume trends will be crucial to anticipate the next movement.
NSE:TITANLong
by AngshumanSaikia
2
Gold Trading- How to Avoid false breaks- 3 simple tipsIf you’ve been trading long enough, you know the rush of seeing a big bullish breakout. Those massive green candles make it tempting to jump in immediately, fearing you might miss the move. But if you’ve experienced a few of these moves reversing sharply, you also know the sting of buying at the top. False breakouts—when price appears to break out but quickly reverses—can be frustrating. You can’t avoid them entirely, but using a few smart strategies can help reduce the risk of getting caught on the wrong side of a trade. Let’s dive into key strategies for breakout trading, including buying dips in an uptrend and selling rallies in a downtrend. 1. Don’t “Chase” the Markets When the market suddenly surges higher with multiple big bullish candles, the temptation to enter is strong. This move can make it feel like you’ll miss out if you don’t buy immediately. But in most cases, strong moves like this mean the market is likely due for a pullback. In an uptrend, these fast, high candles can often reverse or slow down, leaving those who bought at the high with losses. Pro Tip: If you spot three or more large bullish candles in a row, it’s usually too late to enter. Waiting for a pullback (which we’ll discuss soon) is often the safer approach. 2. Trade with the Trend: Buy Dips in an Uptrend and Sell Rallies in a Downtrend One of the most effective strategies for avoiding false breakouts is trading with the trend. Here’s the basic principle: In an Uptrend: Buy dips. When the market is trending upward, buying during short-term pullbacks is often a better strategy than buying during strong rallies. This approach allows you to get in at a lower price, reducing the risk of buying at the high. Example: Suppose the market is moving steadily upward but experiences brief pullbacks to a support level. This is an ideal opportunity to buy, as it aligns with the trend's direction without chasing after a breakout that could reverse. In a Downtrend: Sell rallies. During a downtrend, the market will often move lower, but with periodic upswings. These rallies are temporary and typically followed by further downward moves. Selling during these rallies can help you align with the downtrend while avoiding the risk of a sudden reversal. This buy-dip, sell-rally strategy aligns your trades with the overall market direction, minimizing the chances of getting caught in short-lived breakouts. 3. Look for a Buildup Before Entering a Breakout Trade One key strategy to avoid false breakouts is waiting for a buildup near a key resistance or support level. A buildup is a tight consolidation (or a “squeeze”) pattern that suggests the market is coiling up energy to make a sustained move in one direction. Here’s how it helps: Buildup at Resistance: If an uptrend is approaching a resistance level, a buildup (narrow price range) near that level often indicates strong buying pressure. It suggests that sellers are struggling to push prices lower, increasing the likelihood of a successful breakout above resistance. Stop Loss Placement: If the price breaks out from a buildup, you can use the low of the buildup as a stop-loss point. This gives you a more favorable risk-to-reward ratio because if the breakout is genuine, it’s unlikely to fall below the buildup low. Pro Tip: Patience is key. Wait for the buildup pattern to appear near resistance in an uptrend or support in a downtrend before taking a breakout trade. This approach is particularly useful when combined with buying dips in an uptrend or selling rallies in a downtrend. Very recent example (yesterday): Summary: Strategies for Breakout Trading and Trend Alignment To avoid getting caught in false breakouts, follow these steps: - Don’t chase big moves after three or more bullish or bearish candles. - Align with the trend by buying dips in uptrends and selling rallies in downtrends. - Use buildup patterns to time your entries, placing stop losses below the buildup for better risk management. By focusing on trend alignment, buildup patterns, and avoiding the urge to chase, you’ll find yourself in stronger positions and with greater control over your risk in the market. These strategies can help you catch trend-following breakouts without falling prey to the frequent traps that catch traders off guard.
FX:XAUUSDEducation
by Mihai_Iacob
DOGECOIN BREAKOUT ALERT! | 3 Scenarios to Watch for Morning, trading family! Let’s break this down. Dogecoin’s been hanging out in this range, but it looks like a breakout’s on the horizon. I see three ways this could play out, so here’s what I’m watching. Scenario 1: If we get a clean breakout from here, we’re likely heading toward 0.1745. If that level holds, we could see it push even higher, up to 0.1847 and beyond. Scenario 2: There’s a chance we pull back first, dipping into the 0.162 to 0.159 area. If buyers step in, we could bounce from there and make our way back toward 0.17 to 0.1745, and maybe even higher. Scenario 3: The market could also take us a bit lower, down to 0.1550. If that happens, it’s not the end of the world—a strong bounce from there can still send us back to 0.17 and beyond over time. What do you guys think of this analysis? Do we pop straight up, or do we dip first? Let me know how you’re seeing it—drop a comment below. Always love hearing your thoughts. Mindbloome Trading/ Kris Trade What You See
COINBASE:DOGEUSDLong
by Mindbloome-Trading
Bajaj Finserv Ltd. - Weekly Chart Analysis1. Symmetrical Triangle Pattern: Bajaj Finserv has been consolidating within a symmetrical triangle pattern over the past few years, showing lower highs and higher lows. This pattern suggests a period of accumulation or consolidation, where both buyers and sellers are competing, leading to a breakout or breakdown. 2. Recent Breakout and Pullback: The price recently broke above the upper boundary of the triangle, indicating a bullish breakout, which was accompanied by significant buying volume. Currently, the price is retesting the breakout level, which may act as a support zone if it holds. 3. Fibonacci Levels and Potential Resistance Zones: The previous high near INR 1,880 (approx.) acts as a critical resistance zone. This level also aligns with the 88.18% Fibonacci retracement level, which may serve as a potential profit-booking zone if the stock moves upward again. If the stock maintains its momentum post-retest, a move toward this resistance could be expected. 4. Volume Profile Analysis: The Volume Profile on the right shows strong support around the INR 1,500-1,600 levels, indicating that a significant volume of shares has been traded within this range. This level may act as a support if the price dips further from the current pullback. 5. Trendline Support and Moving Averages: The long-term upward trendline provides a strong dynamic support level. The 50-week and 200-week moving averages are positioned below the price, indicating a long-term uptrend and offering additional support around INR 1,500. 6. RSI and Momentum Indicators: The Relative Strength Index (RSI) shows a healthy range but is not overbought, suggesting there is room for further upward movement. A crossover in the RSI or any divergence may indicate potential reversals, so keeping an eye on these indicators would be beneficial. 7. Key Levels to Watch: Support: INR 1,500-1,600 (Volume Profile and Moving Average Support), INR 1,730 (current retest level). Resistance: INR 1,880 (previous high and Fibonacci level). Conclusion: The stock is at a critical juncture, currently retesting the breakout level of the symmetrical triangle. If the price sustains above INR 1,730, we could see a bullish continuation toward INR 1,880. However, a breakdown below the trendline or INR 1,500 could invalidate the bullish outlook, potentially leading to further downside.
NSE:BAJAJFINSVLong
by AngshumanSaikia
YATHARTH - Ichimoku Breakout📈 Stock Name - Yatharth Hospital & Trauma Care Services Ltd 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 667. 🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #smallcap #largecap #YATHARTH
NSE:YATHARTHLong
by nikunjbhadja
TATACOMM: Ascending Channel Breakdown & Critical Support LevelsPattern Identified: The stock is trading within an ascending channel (parallel trendlines) that has been in formation since early 2021. Recently, it appears to be approaching the l ower support of the channel , signaling potential risks of a breakdown if selling pressure continues. Key Technical Observations: Channel Breakdown Threat: The price has been trending within an upward-sloping channel. However, it recently fell sharply from the upper boundary of the channel and is now testing the lower boundary. A confirmed breakdown below the lower trendline could trigger a further downtrend. Critical Support Levels: The ₹1,783 level has held strong as an immediate support zone. If broken, the next support lies at ₹1,693 , a significant historical level from previous price action. A break below ₹1,693 could lead to a deeper correction, potentially targeting the ₹1,500-1,400 zone. Resistance Levels: If the stock manages to bounce, it will face overhead resistance at: ₹1,873 (previous resistance) ₹2,000 (psychological barrier) ₹2,200 (channel top) Moving Averages: The stock is currently hovering near its 20-week EMA , which aligns with the lower channel support. It is also far above its 200-week EMA , indicating long-term uptrend strength, though the current pullback should be monitored closely. Volume and RSI: Volume spiked during recent sell-offs, suggesting a significant distribution phase. The RSI (Relative Strength Index) is nearing oversold territory, which might lead to a short-term bounce. However, a lower RSI could indicate bearish momentum persisting. Outlook: A channel breakdown may indicate a trend reversal, with the possibility of a deeper correction towards ₹1,500 if key support levels don’t hold. Traders should watch for a confirmed breakdown or a bounce off the lower channel to time potential trades. Conclusion: The stock is at a pivotal point, testing the lower boundary of its ascending channel. A decisive move below the ₹1,783 support could accelerate the downside, whereas a successful defense might offer a good risk-reward for a bounce. Investors should closely monitor price action and volume for signs of confirmation.
NSE:TATACOMM
by AngshumanSaikia
Gold at Key Resistance: Short Opportunity Before Breakout?Based on my chart, I’m analyzing XAU/USD (Gold) on the multi-timeframe, with key levels and trendlines marked. Here’s a potential trade idea derived from this technical setup: Trade Idea: • What: Short sell (SELL) Gold (XAU/USD) around 2,734–2,735 zone. • Why: • Price Action Resistance: The price is nearing a strong resistance area around 2,735–. 2,740, indicated by the horizontal orange and red lines. These levels have acted as significant selling zones in the past, which could cause a reversal. • MSS (Market Structure Shift): There’s a shift in the market structure (MSS) slightly below, indicating a possible breakdown of bullish momentum after the recent uptrend. • Ascending Trendline: The price is currently respecting an ascending trendline (in purple), but if it breaks this support level, it could trigger more downside. • Fibonacci/Support Levels: The levels 2,730.46, 2,723.67, and 2,714.22 (orange and red lines) represent possible key retracement or support points where price could fall to if resistance holds. How: • Entry: Enter a short position near the current price of 2,734–2,735. • Stop Loss: Place your stop-loss above the resistance at 2,741 to protect against further upward movement if price breaks above this zone. • Take Profit: Target support zones at 2,730.46 (first target) and 2,723.67 (second target) for potential profit taking. Risk Management: • Ensure you manage position size to risk no more than 1–2% of your account per trade.
OANDA:XAUUSDShort
by AdibAziman_
2
SPY Loosing Momentum ! SPYLOVERS DONT PANIC ! Its OKAfter several weeks of analysis, the price reached its all-time highs twice, creating a new extreme. Att his moment is what i call in a no man's land zone. But what do I see in the overall structure? If you can clearly identify the yellow upward channel, I want you to split it in half, and we will analyze the two parts. In the first half, we have an active price movement, with clear fluctuations between support and resistance. The high volatility causes the price to move in waves, perfectly respecting support and resistance. But if you can manage to identify the second half, up until the end of the channel, you'll see that the price shows signs of exhaustion. Exhaustion, how? When the price stops having that volatility everyone is looking for, and begins to slow down and starts moving like a worm along the edge of the channel’s support, showing small candles and, above all, losing momentum. (In the chart, I want you to identify the price exhaustion by marking it with a small symbol of a worm crawling along the channel's support.) This type of behavior happens frequently when the price is losing momentum. In this type of scenario, I am more than certain that we will soon see a move where the price might break out of the yellow channel. Most likely, we will see the price make its natural retracement. After achieving two all-time highs, I believe it's time for the price to take a break, either to consolidate or make a quick decision. Nevertheless, I am expecting the price to make its natural pullback in the coming week. We’ll see if it happens. Best regards, and thank you for supporting my analysis.
AMEX:SPY
by RocketMike111
BTC: Buffeting Under Resistance, Awaiting the Decisive BreakBTC is currently buffeting under the upper trendline, which is acting as strong resistance. According to cycle analysis, we could see a couple more days of upward movement before entering a decline. The potential for an Elliott Wave impulse (1,2,3,4,5) to break through the upper trendline is becoming clearer. If the break happens, expect BTC to pull back and sit on the trendline before continuing higher. However, the frustrating part is that volume is cooling, which isn’t typical during Wave 3 of an impulse. Ideally, we’ll see a decisive break of the upper trendline within the next 24 hours, something that’s been long anticipated.
Long
by cryptechcapital
Netflix - Bullish Move Of +50% Ahead!Netflix ( NASDAQ:NFLX ) is trading at an important breakout level: Click chart above to see the detailed analysis👆🏻 Netflix is just another one of these stocks which is perfectly following cycles and market structure. After the recent drop of about -80%, Netflix perfectly tested the bottom of the reverse triangle pattern, created bullish confirmation and took off towards the upside. Levels to watch: $700, $1.000 Keep your long term vision, Philip (BasicTrading)
NASDAQ:NFLXLong
by basictradingtv
6
Nifty 50 Index - Head and Shoulders Pattern ConfirmedOn the daily timeframe, Nifty 50 has formed a textbook Head and Shoulders pattern, signaling a potential bearish reversal. The left shoulder formed around late August, followed by a higher peak (head) in early September, and now the right shoulder is completed. The neckline has been broken at the 24,612 level, indicating further downside risk. Key Points: Pattern: Head and Shoulders (Bearish Reversal) Neckline : 24,612 (Broken) Immediate Support: 24,459 Target 1: 23,348 (measured move from the head to neckline) Volume: Increased during the right shoulder formation, confirming selling pressure. RSI: Currently near the oversold territory, suggesting a possible short-term relief bounce before resuming the downtrend. Projection: Short-term downside: The first target can be seen around 23,348, where the measured move would complete. Risk Management: A close back above the neckline would invalidate the bearish outlook, with resistance now around 24,816.
NSE:NIFTYShort
by AngshumanSaikia
2