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AXISBANK LevelsSupport Level: This is a price level where a stock tends to find buying interest, causing it to reverse direction or consolidate. It's the "floor" of the stock's price. Resistance Level: This is a price level where selling interest tends to emerge, preventing the price from rising further. It's the "ceiling" of the stock's price. Methods to Identify Support and Resistance: Historical Price Action: Look at the past price chart of Axis Bank and identify areas where the stock has previously reversed or consolidated. These can act as potential support or resistance levels. Round Numbers: Traders often watch psychological price levels like ₹1000, ₹1200, ₹1500, etc., as they tend to act as support or resistance. Trendlines: Draw trendlines that connect lows (for support) or highs (for resistance). These can act as dynamic support or resistance levels. Moving Averages: Simple Moving Averages (SMA) or Exponential Moving Averages (EMA) like the 50-day and 200-day moving averages can serve as support or resistance levels, especially when the stock is trending. Fibonacci Retracement Levels: Fibonacci levels can help identify possible areas of support and resistance based on key percentages like 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Volume Analysis: High-volume areas near certain price points can signify strong support or resistance. If the stock is currently trading at ₹980 and starts trending towards ₹950 without breaking below, then ₹950 becomes a strong support level. Similarly, if the stock faces selling pressure at ₹1050, it could be a resistance level.
NSE:AXISBANK
by EmpireCrown
I recommend placing a buy tradeAnalysis Technical Indicators: 50-Day Simple Moving Average (SMA): The price is currently trading above the 50-day SMA. This could indicate a bullish trend or potential for further price decline. Support and Resistance Levels: i have marked several support and resistance levels in yellow. These levels often act as areas where price tends to stall or reverse direction. Recent Trend: The price has been in a uptrend recently, as evidenced by the higher highs and higher lows on the chart. Current Price: The price is currently near a support level. Prediction: I think there's a possibility that the price could bounce off the current support level (2633.80) and move upwards in the short term. However, the uptrend and the position above the 50-day SMA suggest that any upward movement might be continue. Next Week's Outlook: Bullish: If the price breaks above the immediate resistance level 2664.11 (the yellow line above the current price and sustains that move, it could signal a potentialof the uptrend. In this scenario, I think the price could move higher towards the next resistance level. In situations like this, I recommend placing a buy trade. While the trade is running, i usually use a high frequency trading strategy like the Lock30x scalping method to increase profits. The market is usually very volatile around the 50-day moving average before moving up. By taking advantage of this volatility, i can make much higher profits with lock30x scalping compared to just holding a long-term buy trade. keep the stop lose 2621.67
CAPITALCOM:GOLDLong
by Amelia9846541
1
[Education] Why You Can't Break Free From Get-Rich-Quick TrapYou already know the get-rich-quick mindset is killing your trading career. You read the books. You understand that consistent profits come from proper risk management and patience. Yet somehow, you still find yourself hoping for that one trade that will change everything. I understand that feeling. I spent 5 years trapped in this cycle. Let me share something embarrassing. I was previously managing a $200,000 funded account. My strategy was making a consistent 1-2% monthly. I got greedy. I saw a "perfect" setup and decided to risk 5% instead of my usual 1%. "Just this once. This setup is different.” That one decision wiped out my profits and I lost that account in a single trade. The Psychology Behind Our Self-Sabotage Here's what makes this mindset so dangerous. We can intellectually understand it's wrong while emotionally believing we're the exception. It's like knowing fast food is unhealthy but convincing yourself that this one burger won't hurt. The truth is our brain is wired for quick rewards. Whenever we see those trading “gurus” posting screenshots of their profits, or a picture of them partying, driving sports car, and flying first class, we can sense that they are fake. However, our emotional brain lights up with possibility. "What if it's real? What if we're missing out?" This creates an internal battle in our mind. We know we should focus on consistent execution and proper risk management. We have to play the long game. But our emotional side keeps whispering, "Just one big trade. Just this once." The Hidden Influence of Social Media We're surrounded by images of instant success. Traders posting five-figure profit days. Twenty-somethings with Lamborghinis claiming they made it trading crypto. Even though we know these are likely fake or cherry-picked results, they affect us more than we realize. I remember sitting at my desk when I was in my audit job, scrolling through trading contents on Instagram during lunch breaks. Every post showed massive profits. Nobody was posting their losses, their blown accounts, or their struggles. This created an unrealistic benchmark in my mind. My 2% monthly gain felt insignificant compared to these supposed overnight millionaires. This distorted perspective leads to a dangerous form of self-sabotage. We start taking larger risks, not because our strategy dictates it, but because our normal profits feel "too small" compared to what we see online. We “need” more profits. The Compound Effect of Impatience The most insidious part of the get-rich-quick mindset isn't that it makes us take bigger risks. It's that it makes us unable to appreciate the power of compound growth. Let me show you what I mean. When I first started trading properly, I was making about 3% per month on a $10,000 account. That's $300 a month. It felt painfully slow. I kept thinking, "At this rate, it'll take forever to reach my goals." But here's what I didn't understand then. Consistent 3% monthly returns, when compounded, turn $10,000 into $43,891 in five years. In ten years, that becomes $192,577. Add in regular deposits from your salary, and the numbers become even more impressive. Instead of appreciating this mathematical certainty, we chase the fantasy of turning $10,000 into $100,000 in a month. The irony? This pursuit of faster growth usually leads to account blow-ups that set us back years. The Real Cost of "Just This Once" We all know the phrase "just this once" is trading's version of "one last drink". It's never just once. Each time we break our rules and survive, or worse, profit, we reinforce the behavior. Our brain logs it as a successful strategy, making it harder to stick to proper risk management in the future. I learned this lesson the hard way with prop firm challenges. I'd be up 5%, nearly passing the challenge, and then decide to take a larger position to "speed things up." Almost every time, this decision led to failing the challenge. What's worse, even when it worked, it reinforced bad habits that would eventually cost me more money. Breaking Free From The Cycle The solution isn't just knowing better. You already know better. The solution is building systems that make it impossible to act on these impulses. When I finally became consistent, it wasn't because I found better self-control. It was because I removed my ability to make emotional decisions. I created rules that were specific and inflexible: My position sizing is calculated before the market opens. No adjustments are allowed during trading hours. Every trade must be pre-planned with exact entry, stop loss, and target levels. No deviation from my trading plan is allowed. I only opened my trading platform during specific hours that I’m allowed to trade. These rules might seem extreme, but they protect me from myself. They make it impossible to act on those "just this once" impulses that we all feel. The Professional's Perspective Want to know what real professional trading looks like? It's boring. Mind-numbingly boring. I now manage multiple six-figure funded accounts, and most of my trading days are completely uneventful. I take 2-3 trades per week. Each risk is exactly 1% of my account. My average winner makes 2R. Some months I make 5%. Some months I make 1%. Some months I lose money. But over time, the consistency compounds. This is what trading success actually looks like. No excitement. No massive winning days to screenshot. Just steady, consistent execution of a proven process. Embracing The Slow Path The hardest part isn't learning to trade properly. It's learning to be satisfied with "boring" profits. It's learning to celebrate a 2R winner instead of feeling disappointed it wasn't 10R. It's learning to find pride in perfect execution rather than profit size. This shift requires a complete redefinition of trading success. Instead of measuring success by profit, measure it by how well you followed your rules. Instead of comparing your returns to Instagram traders, compare them to bank interest rates or index funds. The Path Forward You already know the get-rich-quick mindset is destructive. The question is: Are you ready to embrace the boring path to success? This means accepting that: Your first year of proper trading might only make you a few thousand dollars. You'll have to watch other traders post bigger profits than you (real or fake). Some days you'll do absolutely nothing but watch setups fail to materialize. Success will come so gradually you might not even notice it at first. The choice is yours: Continue fighting this battle alone, or get the support you need to finally break free.
SP:SPX
by Keeleytwj
BTC Neural AI Strategy tuned for DOGE crypto showing buy signalHey everyone. Here's a new trade idea potentially for DOGE. I created a a new trading strategy script for Bitcoin, and I tuned the parameters for DOGE. The original script is called the "BITCOIN BTC Neural AI Strategy." It creates a neural network using RSI, MACD, and EMA which are weighted and undergo a mathematical transformation to result in a single value. Plotting the single value, and adding thresholds gives you the ability to trade. This is the strategy script, but I also have the indicator script which can be used to automate buy and sell signals directly to your phone, email, or your bot. After adapting the parameters for DOGE, I get a winning backtested strategy (see attached image): Based on the backtest, and the average winning trade, I feel like this could be an area where DOGE continues to increase. Since the Buy signal was triggered, DOGE already went up roughly 10%, but I believe there is more growth especially since the sell signal has not yet been triggered yet. I don't want to explain the script and how it works since this is a 'publish idea' and not a 'publish script' post, but I'll link the original script publication, or you can just find it on my profile :) How to Use The Indicator/strategy Look at the Neural Proxy line—it’s color-coded and easy to spot. For traders who only trade long: When the Neural Proxy line is above 0.5 = buy When the Neural Proxy line is below -0.5 = sell For traders who only trade short: When the Neural Proxy line is above 0.5 = exit the short When the Neural Proxy line is below -0.5 = enter the short This strategy (and the pairing indicator script) is able to be used to trade long only, short only, or both long & short to maximize trade opportunities.
Long
by nhbprod
$REAX: The Moment of Truth - Ready for a Skyrocket or a Crash?NASDAQ:REAX : The Moment of Truth - Ready for a Skyrocket or a Crash? 📉🚀 🚨 A make or break moment here, friends! 🚨 Good: At strong cup-and-handle retest area (Strong Support Zone) 💪 *Measured Move for cup-and-handle breakout hasn't been realized yet Falling wedge pattern into support 📈 Bad: Off the volume shelf and in the volume gap ⚠️ Red H5 Indicator 📉 Short Williams CB formed and thriving 🚀 Going to $8.20 or sub $4 🚀 Not financial advice.
NASDAQ:REAXLong
by RonnieV29
Unlocking the Secrets of $MBLY: Prepare for a MONSTER MOVE!NASDAQ:MBLY - A chapter out of my Book!🚘😂 MASSIVE MOVE ON FRIDAY! What I'm seeing, we are smashing into the Red Barrier of my Williams CB strategy which means we need to peel off it! Well if we really do get that Honda news on Tuesday that only leaves Monday to have a pullback before we would have the monster move from the news then short-squeeze that week. I've honestly never been in this predicament with a stock running into the barrier. I really believe that if we don't pullback Monday and get the Honda news on Tuesday we will bust right through this red barrier and it won't even matter which I've never seen a stock break through that red barrier before so I mean that's how BULLISH I am lol. As far as the charts there are no other charts on this planet as SEXY as MOBILEYE!!! Weekly chart: - H5 is GREEN - Broke out of downtrend and up trending with room up to $25 and I also believe we could bust through the top of this channel if we get the Honda news which will start the short squeeze! (Short Squeezes are rare and when you have them they defy gravity!) -Williams CB is thriving -Launched off volume shelf into volume GAP! Have room to $27 then another massive GAP! Daily chart: - CupnHandle Pattern breakout with successful retest - Volume shelf launch with GAP -Williams CB is formed and thriving -Volume is increasing -Massive measured move I'M NOT KIDDING I COULD LITERALLY WRITE A DAMN BOOK ON MOBILEYE WITH HOW BULLISH I AM! IT WILL BE CALLED THE MOBILEYE MILLIONAIRE!😂 Fundamentals are phenomenal: -Revenues and margins troughed -All head winds becoming tailwinds (Inflation, China, Interest rates) 2025 Price Target of $45 TA Targets: 🎯$23🎯$25🎯$27 🎯30 If you are still here reading this you better share this! 😂 Okay I have to get to other charts that's all for now on Mobileye friends! Not financial advice
NASDAQ:MBLYLong
by RonnieV29
20
AMD = The Trader Slayer!NASDAQ:AMD We got a lot going on here with AMD! - In the volume gap and could fall down to the shelf at $108 or we could have just hit a double bottom with a breakout spot at $174ish. -H5 Indicator is RED and they are in a downtrend while also forming a Bull Flag (barely). -Sitting on the bottom of the Wr% and could form a downtrend box or start running to the upside. It all makes sense to me. This name is an extremely difficult name to trade and has eaten the best traders whole, myself included. One thing is clear to me! trying to trade this name right now with all of these mixed signals is risky-business! I'm steering clear until we get some certainty! No price targets because who knows whats gonna happen. 🤣 Not financial advice.
NASDAQ:AMDLong
by RonnieV29
9