ACE: Bullish Momentum Ready to Take Off! **🚀 ACE: Bullish Momentum Ready to Take Off! 📈🔥**
**Why You Shouldn’t Miss This Opportunity:**
ACE is showing **strong bullish momentum** across multiple timeframes, and the chart is loaded with powerful signals pointing to a **potential breakout**! Whether you're eyeing a **swing trade** or looking for a **BTST** play, this stock is primed for gains. Here's why:
**🔥 Key Technicals:**
- **Strong Bullish Candle**: Daily, Weekly, and Monthly charts all flashing **Long White Candles**, signaling bullish strength across the board!
- **RSI Breakout**: RSI at **65**, confirming strength and breaking key resistance.
- **Volume Surge**: A **volume breakout** confirms price action is supported with high interest.
- **Stochastic at 98** and **CCI at 152**: Overbought territory, but indicating strong upward pressure.
- **MACD Bullish**: Continuing to support the bullish trend.
- **Donchian Band**: A **new high** created—possibility of a **major breakout**.
- **Bollinger Bands**: Positive breakout, signaling further upward movement.
- **EMA 50**: Price trending up with a **bullish crossover** forming—short-term strength.
- **EMA 100 & 200**: Choppy markets, but the short-term trend remains strong.
**📅 Latest Signal:**
- **Long White Candle** patterns forming on **Daily**, **Weekly**, and **Monthly** charts.
- **Bullish Engulfing** pattern on the **Monthly** chart, reinforcing strong upward momentum.
**💥 Why It’s a Strong Pick:**
With a **technical rating of strong bullish**, ACE is gearing up for possible **short-term gains**. The breakout setup is confirmed by multiple bullish signals, and it's showing strength across both price and volume. Whether you’re a **swing trader** or looking to capitalize on **BTST** opportunities, ACE is one to watch!
**🚨 Take Action NOW:**
Don't let this breakout pass you by! Set your alerts, add ACE to your watchlist, and stay ahead of the curve.
👉 **Add ACE to your watchlist now** and position yourself for the next big move!
🔔 **Set your alerts** for the breakout, and get ready for possible upside!
Momentumtrade
FACT(NSE) Stock - Applying Bullish Breaker Concept on TradingTrading is simple!
All you need to know is Premium / Discount Arrays to understand market dynamics.
Choose the Higher Time Frame (HTF) PD array and trade Lower Time Frame (LTF) PD array.
Time Frame Alignment
HTF - H4
LTF - M15
HTF PD ARRAY - Bullish Breaker
LTF PD Array - Bullish Breaker
Higher Time Frame gives you market direction.
Lower Time Frame gives you entry opportunity
SAKSEN Technologies Swing TradeSASKEN Technologies respecting trend line in Weekly time frame and following uptrend, if price moving above 1755 then we can go long with approx 18% SL and 36 % Reward, 1:2 risk reward.
Enter only if this trade looking interesting and can manage quantity as per the stop loss.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
BankNifty 24-OCT-2024 Intraday Levels, Sell Trend in BankNifty BankNifty tried to go upside and respected that resistance level which we identified yesterday as per the price movement.
It reversed, and keep trading near bottom level.
BankNifty took pause today in daily time frame and can continue tomorrow and become trending.
We can sell when 5 min candle close below 51150 price.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
Fundamental & Technical analysis on USOILMay 20th 2024
Fundamental: Were seeing a up tick in Non-comm Long and Short positions being held. Shorts are increasing at a faster pace. The Net positions is positive and holding steady.
Commercial (Hedgers) short positions is increasing significantly quicker then Longs, Net position is negative and decreasing/holding.
Technical: I'm expecting to see consolidation for the coming week/s between 78-81 with price action making a lower high causing a fake EMA cross over to the upside and setting its self up for more down side.
Entry Criteria: For me to consider a entry i have to keep seeing Short positions increase for both Non-comm and Comm in the coming weeks as well as Non-comm Longs decreasing. Ideally for Price action i want to see USOIL consolidate then make a lower high before its leg down (BLUE), there's the possibility it makes the lower high without consolidating (RED) but I do need to see the 5 EMA cross down the 20 EMA while Momentum is negative and the Stochastic is crossing down 50%
IRCTC - Ready for a HUGE move? Aiming around 80%+ gains! IRCTC is set to double once it clears key resistance levels!
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Weekly TF View:
Here's the plan:
- Critical Level: Watch for a daily candle close above ₹1000. This signals the first entry point around ₹1027.
- All-Time High Alert: If the weekly candle closes above ₹1300, prepare for a potential Marubozu candle, indicating strong bullish momentum. This will be our second entry point.
- Strategy: Entering before the breakout to catch the bottom. Remember, risk management is crucial. The market is supreme; we adapt.
- Price is bouncing from the important fibonacci support area. Showcasts buyers are strong!
Let’s wait and watch the show unfold!
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Stay tuned for updates as IRCTC approaches these critical levels. Happy trading!
Disclaimer: This is NOT a buy/sell recomendation. This post is meant for learning purposes only. Please, do you due diligence before investing.
Thanks & Regards,
Anubrata Ray
XAU-USD (GOLD)A stronger US dollar and fewer worries about inflation caused gold to retreat after hitting a record of 2431.
Market volatility is caused by geopolitical tensions between Iran and Israel, which initially increases demand for safe havens. Fed officials' remarks that strengthen the US dollar work against the price of gold. Fed rate cut bets and bullish USD seem to have little impact on the current upswing. Given how near the daily support is, there's a greater likelihood that the price may pick up additional positive momentum in preparation for the new high. And the market has a strong 4h support level at the 2330-2320 zone that is mentioned in the chart.
SJVN LONG !Expecting good Momentum .
Consolidation done .
Coming out of the Range.
Good for Short term.
Target 170, 220.
Do Like ,Comment , Follow for regular Updates...
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.
NZDUSD Short to fill the GapGlossary:
VA – Value Area
Liq.P – Liquidity Point
PiPo – Pivot Point
BO – Break-Out
H1 – Hourly Time-frame
M15 – 15min Time-frame
LTF – Lower Time-frame
HTF – Higher Time-frame
Magenta horizontal Ray – Area of Interest
Magenta rectangle – Gap / Area of Significance
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2024 – 03 – 04 NZDUSD short
DXY positioning indicating continuation short, and therefore a weaker Dollar;
However NZDUSD on it's own looks likely to fill the gap to the previous VA.
Technically it did not come from a significant VA but shows exhausting PA on the top, followed by a BO of a running channel and is now starting a bigger H1 continuation structure before the last leg down to fill the gab to the VA.
I am now waiting for price to tap into the Liq.P and show some form of a LTF consolidation for an entry short.
BARBIE Movie and hot wheels about to RIPWhat interested me in this is this company has mutliple brands under them ( UNO brand, Barbie & Hot Wheels ) .
Yellow box is previous resistance and support zones)
Looking for it to consolidate around these levels tomorrow and continue to push higher. Also this company rarely misses earnings coming up July 26th. 👀
CADJPY Trend Change, GBPUSD downside continuesToday, we are focusing on the CADJPY chart as we observe the final stages of the wavestructure. The recent pullback from the previous momentum high (3) has formed a significant pattern known as the structural failure, indicating a potential shift in the trend.
Considering our trading rules, we have patiently awaited the completion of the wavestructure (5). Now, we have identified a sell pattern known as the Market Structure High, characterized by a formation of three candlesticks at point (5).
Shifting our attention to the GBPUSD, we can see that it is currently experiencing a downtrend, with the price trading below the Momentum low (5). No trend changing pattern has emerged yet, suggesting that we should anticipate further downside movement in the cable.
Enjoy trading!
Potential Head and Shoulders Pattern A potential H&S Top pattern in Kotak Bank with neckline at 1630. Pattern target is at 1190.
Elliot Wave wise, Wave B (a triangle) seems near completion and Wave C which will be a five-wave decline is possibly next. Minimum expectation of Wave C is to be equal to Wave A which is at around 1490.
A negative divergence with momentum is seen on daily and weekly charts.
Note- Not an investment advice,
KEI FOR MOMENTUM INVESTING Here we expect the upward trajectory in KEI to stay in this parallel channel. We predict the price would stay in this channel for maybe 6 months. In case if it breaks it we also have our risk defined. Betting on wires and cables industry. I can say KEI is the must have.
FOR EDUCATIONAL PURPOSES ONLY CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
WATCH $LYELBullish
- IHS formation
- Broke downward trend line & retest
- Funds accumulating
- Decent fundamentals
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"if you don't find a way to make money while you sleep. You will work until you die.”
Cheers and happy trading!
WATCH $BWENBullish
- Stage 1 broke out
- Broke downward trend line
- Funds accumulating
- Healthy fundamentals
- Hot theme
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“It's okay to be wrong; it's unforgivable to stay wrong.”
Cheers and happy trading!
WATCH $ZYXIBullish
Long term uptrend
- Needs to clear downward trendline
- Building base
- Positive FCF
- Positive Income
- Funds accumulating
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“Do not wait to strike till the iron is hot; but make it hot by striking.”
Cheers and happy trading!
WATCH $MRVIBullish
- Needs to clear downward trendline
- Formed double bottoms
- Building base
- Positive FCF
- Positive Income
- Funds accumulating
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“You don't have to be extreme just consistent”
Cheers and happy trading!
WATCH $SHLSBullish
- Broke existing trend
- Formed bottom
- Inverse head & shoulders
- Positive FCF
- Positive Income
- Funds accumulating
- Hot theme / Solar
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“The ladder of success is never crowded at the top. Stay away from the herd”
Cheers and happy trading!