#NIFTY Intraday Support and Resistance Levels - 31/10/2024Gap down opening expected in nifty. After opening if nifty starts trading below 24250 level then possible downside rally upto 24050 level in today's session. 24300-24500 range is consolidation zone for nifty. Strong bullish rally expected if nifty starts trading above 24500 level.
Pricemovement
[INTRADAY] #BANKNIFTY PE & CE Levels(28/10/2024)Gap down opening expected in banknifty for today session. Further 400-500 points downside possible in banknifty if it's starts trading below 50450 level. Upside 50950 level will act as a strong resistance for today's session. A bullish rally only expected above 51050 level.
Google / Waiting for the earnings reportGoogle refuses to break out of the 'stacked channel,' that channel where the candles are tightly packed side by side. It’s a bit frustrating that the price isn’t making any move or decision, but all we can do now is wait for the big earnings report day for the price to decide its direction.
Stay tuned on Tuesday, the 29th, after the market close!
Best Regards
Decoding the 70,000 Call Strike: What CME Options Are Tell UsAlright, let’s break this down. We’ve seen a significant influx of call options at the 70,000 strike on the CME, which is generally a pretty positive signal. Especially when you consider the recent breakout from a descending broad channel, with prices holding just above that upper boundary. Looks like we’re heading up—clear signal, right?
But here’s the kicker: the CME gives us the tools to dig deeper. We can analyze whether that influx at the 70,000 strike is coming in as naked options (which is a good sign) or if it’s part of a more complex strategy. So, what did we find? The 70 000 call options were bought simultaneously with Futures in a 2-to-1 ratio. In other words, we’re looking at a synthetic options portfolio that resembles a "Straddle" . This means they’re betting on volatility, expecting the price to move significantly in either direction—not just sitting still. Plus, there are specific timeframes and expected movement ranges involved.
So, what’s the takeaway from this example? I often come across analyses that say, “Calls at this strike are rising, so traders must be feeling bullish.” Not necessarily! Those bought calls could be neatly packaged in a Straddle or even transformed in a Naked Put using Bitcoin futures (what we call a “Synthetic” setup), which would imply completely opposite expectations for price movement.
Don’t just take others’ word for it—dive into the basics at least, but ideally, get a solid grasp of the area you’re analyzing before integrating it into your trading system and building your trading plan around it. Stay critical and don’t fall for clickbait headlines! Good luck out there!
[INTRADAY] #BANKNIFTY PE & CE Levels(18/10/2024)Today will be slightly gap down opening expected in banknifty. Expected opening near 51050 level. After opening if banknifty sustain above 51050 level then possible short correction upto 51450 level. 51450 level will act as a strong upside resistance for today's session. Any bullish rally only expected if banknifty starts trading above 51550 level. Downside in case banknifty gives breakdown of 50950 level then sharp 400-500+ points downside rally expected.
#NIFTY Intraday Support and Resistance Levels - 17/10/2024Flat or slightly gap up opening expected in nifty near 25000 level. Bullish rally expected if nifty starts trading and sustain above 25050 level. Below 25000 level there will be downside expected upto 24850 level. For today session 24850 level will act as an important support for nifty. Below this level strong downside expected in index.
[INTRADAY] #BANKNIFTY PE & CE Levels(16/10/2024)Today will be flat or slightly gap down opening expected in banknifty. For today session 51500-52000 level will act as a consolidation zone of 500 points. Strong upside rally expected if banknifty starts trading and sustain above 52050 level. Any major downside only expected below 51450 level.
#NIFTY Intraday Support and Resistance Levels - 30/09/2024Gap up opening expected in nifty near 26280 level. After Opening if nifty started trading above 26300 level then possible strong upside rally of 150-200+ points. Downside possible below 26250 level. 26050 will act as a strong and important support for today's session. Major downside only expected below this level.
Liquidity keeps piling up drive.google.com
A step by step guide to enter this trade Setup is in the image attached to the link.
It's been a while i did this but here goes !!!
New Signal Alert 🚨
EU
PAIR: EUR/USD (EUROPEAN EURO/UNITED STATES DOLLAR)
SIDE: BUY (INSTANT EXECUTION) once the step by step guide to your entry has been followed to a T.
ENTRY: 1.10925
QP (Quick Profit): 1.11225 (30 pips)
TP 1: 1.11425 (50 pips)
TP 2: 1.11725 (80 pips)
TP 3: 1.12125 (120 pips)
TP 4: Open
STOP LOSS: 1.10800 (12.5 pips)
Use proper risk management & do not over-leverage your account.
Romans 8:25 📜📜
27.09
[INTRADAY] #BANKNIFTY PE & CE Levels(12/09/2024)Today will be slightly gap up opening expected in banknifty. After opening if banknifty sustain above 51050 level then possible upside rally upto 51450 level. 51450 level will act as a upside resistance for banknifty. Strong downside fall possible if banknifty starts trading below 50950 level.
#NIFTY Intraday Support and Resistance Levels - 05/09/2024Gap up opening expected in nifty above 25250 level. After opening gap up if nifty sustain above 25250 level then possible strong upside rally upto 25400+ level. Downside possible in case nifty not sustain above level and starts trading below 25200 level.
#NIFTY Intraday Support and Resistance Levels - 03/09/2024Today will be slightly gap up opening expected in nifty. After opening expected upside rally upto 25400+ level. In case nifty starts trading below 25200 then downside fall expected upto 25000 level. Strong bullish rally possible once nifty starts trading above 25450+ level.
#NIFTY Intraday Support and Resistance Levels - 02/09/2024Gap up opening in nifty. Expected opening near 25400 level. After opening if nifty starts trading above 25450 level then possible strong upside rally upto 25600+ level in today's session. 25400 level will act as a resistance for today's session. Expected some correction from this level. Downside 25250 level will strong support for nifty.
$ELF Bouncing Past the 9 & 21 Day Moving AverageNYSE:ELF On average, technical analysts often observe that when a stock crosses above both the 9-day and 21-day moving averages, there is approximately a 60-70% chance that the upward trend will continue. Conversely, when a stock crosses below both averages, there is about a 60-70% chance that the downward trend will persist.
Here are some general figures:
Bullish Continuation: 65% probability that the stock will continue an upward trend after crossing above both the 9-day and 21-day moving averages.
Bearish Continuation: 65% probability that the stock will continue a downward trend after crossing below both the 9-day and 21-day moving averages.
These figures are generalized estimates based on typical market behavior and may vary depending on specific stock characteristics and broader market conditions. Always consider conducting specific #backtesting and analysis for the particular stock or market you're interested in for more accurate predictions.
$GCT BTO to be a beautiful $30 Strike 9/24 Options @.15 PremiumNASDAQ:GCT With strong fundamentals we know the price distributed to the lowest prices in over a year. It is now cognizable to construe this as a false bear pattern which has quickly evened out into a butting bull play, especially for a very cheap option with possible, exploding volatility which can be on the rise any day.
Look at supply / demand zones, support and resistance zones and the price movements that bring to light the emphatic connection you have with the stock market.
I expect my $30 option to be exercised by about August 29th wherefore, I think it will accomplish its alarming intent. Because, this is the first video I've done on #Tradingview. Moved out of whim, and caprice, I had to furnish my thoughts to make them manifest and foster right in front of me. :D
Ethereum still in accumulation zone, what's next?After Ethereum has been in a downward channel, it breaks the sequence at point #4, which remains in the accumulation range from previous days. This zone is extremely important because, as you can see, it has been moving within this area for several days, which means that the price could gain strength at any moment and start a bullish run. But NOTE: as long as the price remains within the channel, there will be no bullish run. We need to wait for the price to break out of the downward channel to confirm that it is heading back to the supply zone.
Thank you for supporting the analysis. ETH is at a point where adding a position might be considered; let’s hope the price makes a decision soon.
Thankyou for supporting my analysis i invite you to visit my analysis on Bitcoin
Use bitcoin price movement as a base of all the crypto market trend.
Best Regards
#NIFTY Intraday Support and Resistance Levels - 28/08/2024🔔 Nifty Update for Today:
📊 Expected Opening:
Opening Outlook: Flat
📈 Consolidation Zone:
Range: 25000 - 25050
Nifty is expected to open flat today, trading within a consolidation zone between 25000 and 25050.
📈 Potential Upside Movement:
Upside Target: 25250+
Condition: If Nifty starts trading and sustains above 25050
If Nifty breaks above 25050 and sustains that level, an upside rally could push the index towards 25250+ in today’s session.
📉 Downside Risk:
Condition: If Nifty starts trading below 25000
Any significant downside is likely only if Nifty starts trading below 25000.
$COIN Proverbial Stock Chart, Must See!NASDAQ:COIN We extrapolate the COIN facts that we can foresee price growth in the over-splendid crypto arena, but today might not be one of the memorable. In-fact, it will be so boring for you today, that I created this funny, proverbial, metaphorical stock chart to depict, denote, and serve a connotation to your experience. We hope you enjoy this art.
Trend analysis, price movement. simple!
The Publishing Truth About the $QQQHere is a disquisition on the stock price reflecting the way I chose this index fund would create a strategy from its self. You look in the video and realize its all about the price movement, momentum and yes anomalies to find the peculiarities'.
NASDAQ:QQQ should see increases in the near future. Today, we will get a small growth that'll wedge in the profits for you to trade properly.
GBPUSD Analysis Week 32Fundamental Analysis
GBP/USD ended the trading week with a last-minute win after the US Non-Farm Payrolls (NFP) missed expectations, sending the greenback lower across the board.
The pound fell this week after the Bank of England (BoE) delivered a 25 basis point interest rate cut on Thursday morning, while US jobs data provided further warning signs that the US economy may be contracting faster than investors initially expected.
The US will see the ISM Manufacturing Purchasing Managers’ Index (PMI) for July on Monday. On the UK side, BRC Retail Sales for the year ending July are expected to rebound to 0.3% after a -0.5% decline in the previous period.
Technical Analysis
GBPUSD forms a wide range after the NF announcement with the nearest support resistance in the range of 1.286 and 1.270. On the H4 timeframe, EMA 34 is below EMA 89, indicating that the market structure is leaning towards a bearish trend with the lowest retracement around the support zone of 1.262. On the other hand, any daily close above the resistance level of 1.286 and candle close above both EMAs confirms an uptrend with the weekly resistance peak at 1.294
Resistance: 1.286-1.294
Support: 1.270-1.262
Trading Signals
BUY GBPUSD zone 1.262-1.260 Stoploss 1.258
SELL GBPUSD zone 1.294-1.296 Stoploss 1.298