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Candlestick Analysis

$TIA: Ready to Breakout After 5 Months of Consolidation? I think LSE:TIA is finally primed for a breakout after spending the last five months consolidating in the tight $4–$6 range. The lows have been respected multiple times, and we're now seeing the buildup of potential for a significant move. I’m eyeing an entry at $4.85, which would be a perfect spot to load up if we get a retrace into that zone. If it does dip back there, it's a max bid scenario for me. However, I'm also prepared to jump in a bit higher if needed, especially if I get left behind as the breakout gains momentum. It's a balancing act between waiting for the perfect entry and not missing out on the move entirely. Let’s see how it plays out—I'm keeping a close watch!
Long
by ZelfTrade
Incoming 40% collapse for XRP** short term analysis, the days ahead ** Price action on XRP has returned an impressive 150% gain in the past 10 days. A number of reasons now exist for a reversal and correction. On the above daily chart: 1) RSI and MFI support breakouts. Don’t ignore a MFI breakout, this is informing you money is exiting the asset. 2) Confirmed Gravestone DOJI candle. 3) Price action is currently outside the Bollinger Band. We know 95% of price action trades around the mean, currently 73 cents. 3a) Notice the inward curve on the band? This little observation informs us buyers are exhausted. 4) Everyone on tradingview is long / bullish. Remember the majority will lose money. www.tradingview.com Is it possible price action continues upwards and onwards? Sure. Is it probable? No. Ww
Short
by without_worries
113
SWING IDEA - DEEPAK NITRITE LTDDeepak Nitrite , a leading chemical company known for its diverse product portfolio, is showing a promising setup for swing trading. Reasons are listed below : 2500 Support Zone : The price is resting on a well-tested support level around 2500, adding to the reliability of a potential bounce. Hammer Candle on Weekly Timeframe : The appearance of a hammer candle suggests a reversal could be on the horizon as buyers regain control. Golden Fibonacci Support : The current price aligns with a key Fibonacci retracement level, providing additional support. 50 EMA Support on Weekly Timeframe : The price holding above the 50 EMA is a sign of continued strength and underlying support. Trend Intact with Higher Highs and Higher Lows : The consistent formation of higher highs and higher lows reinforces a bullish trend. Target - 3000 // 3170 Stoploss - weekly close below 2440 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
NSE:DEEPAKNTRLong
by Visionary_Growth_Insights
Nuvama wealth Management looking upwards Nuvama Wealth Management Ltd. is a stock broking company, which engages in conducting trading and broking activities for institutional as well as retail clients. It operates through the following segments: Capital Markets, Wealth Management, and Holding Company Activities. The Capital Markets segment includes institutional broking business, merchant banking business, and advisory. The Wealth Management segment distributes financial products and investment advisory. Nuvama Wealth Management Ltd. CMP is 6727.60. The Negative aspects of the company are high Valuation (P.E. = 28.8), Stocks Underperforming their Industry Price Change in the Quarter, Declining Net Cash Flow : Companies not able to generate net cash and Increasing Trend in Non-Core Income. The positive aspects of the company are Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Good quarterly growth in the recent results, Strong Annual EPS Growth and Increasing Revenue every Quarter for the past 8 Quarters. Entry can be taken after closing above 6742 Targets in the stock will be 6886 and 7021. The long-term target in the stock will be 7249 and 7484. Stop loss in the stock should be maintained at Closing below 5446. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:NUVAMALong
by Happy_Candles_Investment
Redington looking red hot. Redington Ltd. provision of machinery, equipment and supplies. It includes computers, computer peripheral equipment, software, electronic, and telecommunications equipment and parts. It operates through the India, and Overseas segments. Redington Ltd. CMP is 193.37. The Negative aspects of the company are MFs decreased their shareholding last quarter. The positive aspects of the company are Attractive Valuation (P.E. = 12.5), Company with Low Debt, Company with Zero Promoter Pledge, Dividend yield greater than sector dividend yield, High Volume, High Gain and Stocks Outperforming their Industry Price Change in the Quarter. Entry can be taken after closing above 199 Targets in the stock will be 204, 212 and 220. The long-term target in the stock will be 225 and 236. Stop loss in the stock should be maintained at Closing below 180 or 169. depending upon your risk taking ability. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:REDINGTONLong
by Happy_Candles_Investment
Nifty at cross road of critical support. Nifty this week gave a closing at 23532 a fraction below 200 days EMA or Father line which was at 23542. It will be imperative for Nifty to close above it within next week for bulls to get out of jail. Closing above 23542 will not be enough as there are many more hurdles to cross for Nifty once it scrambles above 200 days EMA. If the Nifty is not able to cross above the 200 day's EMA by any chance next week the down side supports for Nifty will be at 23360, 23054 and 22819. Out of these 3 levels, 22819 is the most important support as it is the channel bottom support. This current channel in which Nifty is travelling initiates from May 22. Which means it is a pretty solid final support below which there can be a free fall into intense bear territory. In this case bears can drag Nifty further down to 21840 or 21264 levels. On the positive side the resistances for Nifty remain at 23864, 24265, 24565 (Major resistance 50 days EMA) followed by 24796 and 25436 levels. Above 25436 we can see a pure Bull Market again. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:NIFTY
by Happy_Candles_Investment
S&P biblical top? island top - falls back to 200 EMA weekly 22%S&P has made an island reversal It will at some point fall back to the 200 EMA on the daily or weekly 22% Bearish opportunity I think that a multi year top is now in place for this index, this first 22% down may trigger the topping process for this index as sentiment indicators are at record levels and retail participation is at an all time high. Plus money mngt firms are fully long with next to no spare money to invest in a dip. So like in the 1929 who is left to buy ? As per Jesse Livermore book 'Even the shoe shine lad said to the banker that he had bought stocks' and the banker went and sold out his entire holding and made himself rich as he realised there were no new buyers left everyone was all in just like now! May be Trump stops the Fed continually printing debt to use it to buy up the market? If debt is issued maybe they use it to buy stable coins now not the traditional markets which would lead to a huge multi year bear market for equities Good luck to all and stay safe! Luck is when opportunity meets a prepared mind!
SP:SPXShort
by William_Playfair
SWING IDEA - JIO FINANCIAL SERVICESJio Financial Services , an emerging force in the financial sector, exhibits signs of a potential upward move, presenting a swing trading opportunity. Reasons are listed below : Strong Support Zone at 300 : This level has proven to be a strong support, enhancing the likelihood of a bounce. Bullish Hammer on Weekly Timeframe : A bullish hammer candlestick pattern indicates potential reversal and buyer interest at lower levels. 0.5 Fibonacci Support : The price is aligned with the 0.5 Fibonacci retracement level, suggesting that it could act as a springboard for further upward movement. 50 EMA Support on Weekly Timeframe : Trading above the 50 EMA adds to the bullish outlook and provides an additional layer of support. Target - 360 // 385 Stoploss - weekly close below 295 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
NSE:JIOFINLong
by Visionary_Growth_Insights