50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Moving Averages
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Simple pattern strategy that will bring you profitsDo you want to know why I thought meme coins are strong?
During every pump, all coins follow a certain pattern. This time, they followed a pattern too. But when some coins break those patterns, they become the strongest. What was the pattern?
There was a simple pattern that all alts were following: they would touch the 200 Daily SMA. Almost every altcoin that was breaking out would get rejected after touching it, leading to a correction. You can go and check this yourself.
Now, CFX is breaking out, and the 200 Daily SMA can be a good target for the short term. By the way, it was rejected there the first time. The good part is, if it reclaims it this time, CFX could become a top gainer and potentially deliver a 30-40% rally. Keep an eye on coins like this. There's always a pattern that is secretly followed. If you identify it early, you'll do well.
USDCHF: Range Breakout & Trend Breakout1. 1W - Engulfing candle to upside
2. 1D - Range breakout to upside
3. 1D - Down trend breakout to upside
4. 1D - 50 SMA breakout to upside
5. 4H - 50,100,200 SMA breakout to upside
6. 4H - Down trend breakout to upside
Strategy: In 4H, when the price retests, enter upon upside confirming candle (e.g., engulfing).
Speculative long entryAs shown on the chart, a speculative long order has been placed. The price is currently still below the resistance zone, but I anticipate a break, as this zone has been tested multiple times. Additionally, this stock has been in a consistent bullish trend since early July, supported by the 30- and 50-day SMAs.
Suzlon Energy: Navigating Key Resistance and Support ZonesSuzlon Energy: Navigating Key Resistance and Support Zones
NSE:SUZLON is showing notable technical levels that could determine its next move:
Resistance Zones: 86 / 78 – These levels present strong selling pressure, and failure to break above could lead to potential retracements. Keep an eye on volume at these levels for any breakout signals.
Support Zones: 71 / 66 – These areas act as crucial support. A breach here might trigger further downside momentum, possibly leading to a more significant correction.
The stock’s behavior near these zones will likely dictate the short-term trend. Traders should closely monitor for any patterns that indicate potential reversals or continuations.
Disclaimer: I am not a SEBI-registered Research Analyst. This is purely for educational purposes. Please perform your own due diligence and consult a financial expert before taking any trade.
My Current Bitcoin Trading Plan - Dips are For BuyingOverall, I remain bullish on Bitcoin. The Monthly & Weekly MAC strategy is still supportive of looking for buy triggers on pullbacks into the Monthly/Weekly MAC lows. I will be looking for entry triggers on entry timeframes if Bitcoin pulls back into the $56K to $57,500 price range, and would consider still hunting entries if it trades below these levels.
The Daily remains bullish, but there is a MAC selling setup (not confirmed until Williams AD closes below its 57 period MA).
Have a great weekend.
Apple - How I'm Looking to Trade Apple This Week Monthly & Weekly MAC strategy suggests dips into the Weekly &/or Monthly MAC low are good setup areas for going long. Essentially, I'm looking to buy the dip if we get a price move into the levels noted in the video. I would not just be buying the MAC lows. I would be looking for entry triggers on my entry timeframes in those areas.
I also point out that there are some Monthly/Quarterly bearish divergences forming, but nowhere near confirmation, so bulls need not worry.
In short, I'm looking to buy the dip on Apple.
Have a great weekend.
TBZ NSE 12Y RBC&H ATH BO DTF/WTF in MTF Positional TradeChart Pattern :
TBZ Jewelers has recently broken its ATH forming a RBC on the DTF/WTF. Currently on a Pullback to form a Handle. Wait for WTH high BO to Enter.
INDICATORS EMA :
The Price is Currently Trading below 20EMA, but above 50EMA. TBZ the EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF.
FIBO E :
Price is currently trading above the 50% FIBO Retracement level of 247 on DTF Impulse uptrend
Volumes: There is a uptrend in Volume on the Monthly Charts for 3months with Pullback for 3Weeks now .
TRADE PLAN
ENTRY -WTF High BO
SL -Monthly Low
TARGET --TBD
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
BTC btc "arrowhead"neutral zone orange line based on past moving averages and current measurement up to november 1st 2024,. Purple lines represent arrowhead fibonacci of price above and below the standard average neutral between support and resistance based from all the way back to october 2024, one year prior. Not a lot of activity above 160%, main range of bitcoin remaining in 78% lower half and over 100% gains upper region.
TITAGARH on supportTITAGARH is on 200 EMA support, also on previous ATH support.
FII and DII both have increased their holding in previous quarter.
Public and Promoter holding have decreased.
Last quarter result was not expected, maybe the reason for downfall, but now they have new order for metro and Vande Bharat coaches, so expecting a good result next quarter.
Do your own analysis and enter as per your own risk management.
Will the Google trend forward be a Gemini to the current?CAPITALCOM:GOOG is clearly in a down trend, which started in early July. Lower highs, lower lows, and 21EMA below 50EMA since the cross below in semi-late July. It is currently approaching the upper band of the down channel, and a reaction to the downside could be expected. The MACD is behaving somewhat indecisive and not providing useful guidance, which does not signal a change of trend anytime soon. The volume oscillator is trending down. This all points to price continuing the move down. Target $144, or lower band of channel, which might trigger a push up.
How to analyse a chart? (Educational Post).In this post we will try to analyze what happened to Nifty and what can be the future course. We will also try to understand how to analyze Nifty using a parallel channel, EMA, Support and resistance and RSI. Through this exercise we will try to deduce possible turnaround supports, probable resistances it may face in future. On the onset let me tell you that the exercise is to increase the understanding of Technical analysis. The data should not be used for taking positions in the unpredictable market. Now have a look at the chart.
With the help of basic knowledge, you will be able to understand that every time the Nifty or for that matter any stock hits the top of the channel it reverts. Every time a stock or an index hits the channel bottom it tries to bounce back. When RSI shows the stock is over sold it corrects positively through short covering and when the stock is overbought zone it will try to cool down the RSI by price correcting on the negative side. The mid of the channel acts as support when the price is above it and acts as a resistance when price is below it.
Similarly 50 days and 200 days EMA which we call Mother and father line act as resistance when the price is below it and act as support when the price is above the lines. (This movement of stock price or index, when above and below 50 or 200 EMA whether it is hourly, daily, weekly or monthly and my Mother, Father and Small child theory I have explained it in depth in by book The Happy Candles Way to Wealth Creation). The other green and red lines are supports and resistances respectively. These lines drawn based on peaks and valleys, tops and bottoms of important candles in case of a candle chart. In case of a line chart they are tops and bottoms of peaks and valleys again and important curves.
Like we have supports and resistances on line chart of a stock and index, RSI also has support and resistnace zones which can also indicate us the turnaround zones. There in one more Purple line which indicates the current trend. Looking at these various factors you can analyses and draw your own charts.
To know more about these indicators and how to use them and to understand Techno-Funda investment, read my book: The Happy Candles Way to Wealth creation available on Amazon in Paperback or Kindle version.
My deduction from the above chart is the following. 24966 will be an important support for Nifty. Below which it can fall to 24698 or 24384 levels. Channel bottom support is around 23874. Father line and 200 days EMA is at 23241. Any of these can be potential turnaround zones. RSI of Nifty tends to bounce from 39.82 or 26.45 zone. Current RSI is 40.63. When there is a turnaround the resistances for Nifty will be 25065 which currently is Mother line resistance which is coinciding with mid channel resistance. Above this zone resistances will be 25439, 25665 and 25836 before Nifty regains 26K+ levels.
The information regarding Nifty in this article is for the purpose of education and to show how various indicators often give same or similar result.
To know more about various Techno-Funda indicators and how to use them, when to use them, when to buy, when to book profit, Where to place a stop loss or what is trailing stop loss etc. you are recommended to read my book: The Happy Candles Way to Wealth creation which is available on Amazon in paperback or kindle version. You can also read my Smart School column in Smart investment financial Weekly for gaining techno-Funda knowledge.
Disclaimer: There is a chance of biases including confirmation bias, information bias, halo effect and anchoring bias in this write-up. Investment in stocks, derivatives and mutual funds is subject to market risk please consult your investment advisor before taking financial decisions. The data, chart or any other information provided above is for the purpose of analysis and is purely educational in nature. They are not recommendations of any kind. We will not be responsible for Profit or loss due to descision taken based on this article. The names of the stocks or index levels mentioned if any in the article are for the purpose of education and analysis only. Purpose of this article is educational. Please do not consider this as a recommendation of any sorts.
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
CHFJPY in important resistance area; yen to strengthen?CHFJPY in important resistance area on daily chart; yen to strengthen?
The Swiss franc and Japanese yen currency pair (CHFJPY) has maintained a steady uptrend on the daily chart since 2020, consistently trading above the 200-period Moving Average. However, in September, CHFJPY dipped below the SMA200 for the first time, signaling a potential increase in selling pressure and indicating a stronger appreciation of the yen against the franc.
This yen appreciation aligns with Japan’s recent shift in monetary policy – the Bank of Japan had kept interest rates in negative territory since 2016. On July 31, Japan raised its key interest rate for the second time in 2024, bringing it to 0.25%.
Meanwhile, the Swiss National Bank (SNB) has consecutively lowered interest rates during its last three meetings.
Technical indicators point to potential downward pressure on CHFJPY
From a technical perspective, after breaking below the SMA200 on the daily chart, CHFJPY retested it from below, suggesting that the SMA200 may now act as a level of resistance.
The price also reached the 50% retracement level of the bearish Fibonacci on the daily chart, which could serve as potential resistance. A double top pattern is also forming in the same Fibonacci region.
From a technical standpoint, a confluence of factors can be seen:
1. The SMA200 was broken, previously acting as support, and could now serve as resistance.
2. A retracement to the 50% level of the bearish Fibonacci, which could also act as resistance.
3. A double top forming on the daily chart.
From a macroeconomic perspective, the following is affecting CHFJPY:
1. A shift in Japan’s monetary policy with two interest rate hikes this year.
2. Monetary easing in Switzerland – the SNB has cut the policy rate three times in 2024. It currently stands at 1% – the lowest level since early 2023.
These factors create a context where a potential short opportunity could become more apparent if the price breaks below 171.30. If that occurs, CHFJPY could decline to the 167.10 level within a few days, where it may encounter some support.
Disclaimer:
76.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK.
Can Anything Stop Broadcom?Broadcom has been one of the top-performing large cap stocks this year. Now, after a period of consolidation, some traders may see potential for further upside.
The first pattern on today’s chart is the August 19 close of $167.71. AVGO initially stalled at this level and struggled to cross it in the first half of September. But it broke out later in September, and this month is trying to hold it. That may suggest that old resistance has become new support.
Second, the recent low was near the rising 21-day exponential moving average (EMA). The 8-day EMA is also above the 21-day EMA. Is a new uptrend developing in the chip stock?
Third, MACD is rising.
Finally, you have the June low of $130.25. Prices couldn’t stay below it when the broader market crashed on August 5. AVGO then proceeded to make a higher low the following month. Those signals may confirm a longer-term uptrend.
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$SPY October 4, 2024AMEX:SPY October 4, 2024
15 Minutes.
Yesterday was sideways as expected.
Today I will not take trade as AMEX:SPY closed below 200 and 100 moving averages in 15 minutes.
If I get a good close above 572 and moving averages converge at close of day, Probably Monday will give a chance to entry.
No Trade Day for me. Today too.
DE40The German index DE40 has reached a zone where Daily timeframe buyers might step in, with a good chance of driving the price back up.
The signal is to buy, but where to find the exact entry is something that each individual can figure out. I prefer to buy now, with a stop-loss slightly below the daily lows or if you are searching for best R:R, then wait until the price enters even deeper into the zone.
In any case, stay cautious, as NFP could also cause some price fluctuations.
Trade safe!
Bitcoin is holding the EMA50 on the 1D - This is bullishBitcoin is holding the $60k level pretty well. It's also the lowest region of the EMA50. We are currently in a big mean reversion in my opinion. Check out my other Bull Market Idea why a Mean reversion to the EMA50 on the 1D is 1/3 dips you will get during a bullrun.
Spirit Airlines | SAVE | Long at $2.80I'll be the contrarian. Spirit Airlines NYSE:SAVE has been beat to a pulp, but the company is still actively flying the high skies. While low-budget airlines have hit a rough patch as low-income consumers tighten their spending, the CFO recently was awarded almost $250k in options (a bullish sign). Plus, the next few years could be great for airlines as interest rates are lowered and travel increases as AI takes our jobs - what else is there to do with people's time and money?!
So, while a "risky play", it is resting along my lowest selected simple moving average which (usually) spirs a rally. This may not come until the interest rate lowering anouncement (short interest is high with this one), but the price at $2.80 is currently in my personal buy zone.
Target #1 = $4.00
Target #2 = $6.26
Baxter International | BAX | Long at $35.00Baxter International NYSE:BAX , a company that primarily focuses on products to treat kidney disease and other chronic and acute medical conditions, is another name that had a very rough time through 2022 and into 2024. However, the company's projected earnings and cash flow are expected to grow from 2024 through 2027 and it currently has a 3.35% dividend. Interest rates being lowered soon will help these projections. From a technical analysis perspective, my selected simple moving average is working its way down to recapture the price for a likely reversal in the next year or two (unless company fundamentals change). The recent low in June 2024 was higher than the previous low in October 2023 (higher lows) indicating a high chance of future price improvement - but nothing is guaranteed. At $35.00, it is currently in a personal buy zone.
Target #1 - $40.00
Target #2 - $48.00
Target #3 - $51.50
Target #4 - $65.00
Target #5 - $77.00 (very long-term...)