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SUNPHARMA (Trade the Trend) - BullishSUNPHARMA - Sun Pharmaceutical Industries Ltd. NSE:SUNPHARMA After Q4 Results we saw a good sell-off in Sunpharma, yet the price hardly moved much Shanghvi stated "Our India business continues to grow faster than the market, leading to an increase in market share. We continue to focus on expanding our global specialty business, growing all our businesses, and improving operational efficiencies," stated. The company said its board has proposed a final dividend of Rs 3 per share for FY22. One can plan a long position between 835 to 840 with a strict SL of Rs 825 for short term trading (01 to 02 weeks) and SL if the price moves below 825 (Daily candle close) for long term swing trading (greater than 2 weeks) Short Term targets are up to - 886 Long Term Target is up to - 929 Risk Reward for this trade is very good #Learn&earn #Wealth #Editor's Choice #trending #Weathmagnet candlestick analysis, candlestick stock pattern Do Support by Liking and Commenting on our Post as it motivates us to post more such ideas The chart is for study purposes only!! Kindly consult your Financial Advisor before investing any money
NSE:SUNPHARMALong
by harshnisar45
5
BTCUSDT High Time Frame Oder Block In this section we will discuss what a price action order block is and how it is currently relevant to Bitcoin’s price action. An Order Block is a trade location that has a cluster of price action, creating a liquidity pool. Once price action expands from the region, it automatically becomes support or resistance – hence a block, This area once penetrated will act as a range, causing a period of price action oscillation. The Order Block can be dissected into three sections, the high (resistance), the low (support) and the middle (equilibrium). Whichever region price action breaks from will lead to a continuation or a reversal in the overall trend. In essence, Bitcoin can remain trading in the Order Block before until decisive bottoming or continuation structures are developed. Hope this educational peace helps!
Education
by AzizKhanZamani
Possible Misleading Price ActionThis futures market you see was fake out 2 times before and received a reaction, now there is a possibility of a fake out again. Either this graphic will work or bad slaughter will come... When we look at the monthly chart, we are momentarily below ma20/M. If we see that we are closing below $40.154 at the end of the month, even 22K would be optimistic. Strong support and ma100 crossing $10,794. In principle, when one moving average is broken, the price moves to the other moving average; The closest moving average, ma50/M, is crossing 20,637. So my fuck scenario was that our monthly ma20 was broken and we walked to ma50. But not now, please not now....
Long
by the6ylal
NZDUSD Local OB| POC| .618 Fibonacci| Trend Evening Traders, Today’s analysis – NZDUSD- trading at a key trade location where a bounce is probable, Points to consider, - Price Action Corrective - Local OB Support - .618 Fibonacci Support - Swing High Objective - Low Volume NZDUSD’s immediate price action is trading at aa key location that has technical confluence with the Local OB and the .618 Fibonacci, allowing for a bullish bias. The immediate objective is the swing high, this will become more probable when the POC is reclaimed. The current volume is considered low, an influx will imminent on the next expansion. Overall, in my opinion, NZDUSD is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, The market can stay irrational longer than you can stay solvent. - John Maynard Keynes
Long
by AzizKhanZamani
SENSOUSDT Price Action Range| POC| Range Low| Trend Evening Traders, Today’s analysis – SENSO – trading at a key order block where a bounce is probable, Points to consider, - Price Action Corrective - Local OB Support - POC Support - Price Action Trading Range SENSOUSDT’s immediate price action is trading at a key support where a bounce into resistance, the .618 Fibonacci is likely with the the lower regions of the range to be the main target. The POC is a key level that needs to be respected was testing. The current volume is below average, an influx is highly imminent on the next expansion. Overall, in my opinion, SENSOUSDT is a valid long at the range lower with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “Don’t blindly follow someone, follow market and try to hear what it is telling you.” ― Jaymin Shah’
SLong
by AzizKhanZamani
FTMUSDT Price Action OB| Double Bottom| Low Volume| Trend Evening Traders, Today’s analysis – FTMUSDT – trading action trade a t a key trade location where a bounce is probable, Points t consider, - Price action corrective - Local OB Support (Double Bottom Confluence) - Volume Low - Trend Corrective FTMUSDT’s immediate price action is trading inside an order block where a bounce will confirm a double bottom, allowing for a bullish bias. The current volume profile is below average, an influx is highly imminent on the next expansion. The current trend is corrective, thus any rallies are likely to be sold into. Overall, in my opinion, FTMUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
Long
by AzizKhanZamani
LINKUSDT Daily S/R| Local OB| Price Actin| Trend Evening Traders, Today’s analysis – LINKUSDT – trading at a key level where a respect can lead to a bounce, Points to consider, - Price Action Impulsive - Daily S/R Support - Local OB Resistance - RSI Extended - Low Volume LINKUSDT’s immediate price action is trading towards a key Daily S/R level, holding this level allows for a bullish bias into the Local OB. The RSI is currently overextended, a reversion to its mean is probable from region, epicially with price action finding support. The current volume profile is below average, an influx is highly imminent on the next expansion. Overall, in my opinion, LINKUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
Long
by AzizKhanZamani
ONEUSDT Daily S/R| Range High| Price Action| Trend Evening Traders, Today’s analysis – ONEUSDT- trading at a key trade location where a reversal is probable, Points to consider, - Price Action Corrective - Daily S/R Resistance - Single Print Fill - Local OB - .618 Fibonacci Support ONEUSDT’s immediate price action is corrective and is trading at a key location that has technical confluence with the Daily S/R and Single Print, allowing for a bearish bias. The immediate objective is the Local B, exceeding this level will lead to a bearish trend continuation. Price action is currently range bunce, accumulation is imminent before the next expansion. Overall, in my opinion, NEUSDT is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “You’re going to learn a million things, then you need to forget them all and focus on one.” - SunriseTrader
Short
by AzizKhanZamani
NZDCHF Weekly S/R| Price Action| .618 Fibonacci| Trend Evening Traders, Today’s analysis – NZDCHF – trading towards a key level where a bounce is probable, Points to consider, - Price Action Corrective - Weekly S/R Support - .618 Fibonacci Confluence - RSI Extended - Swing High Objective NZDCHF’s immediate price action is trading towards a key trade location that has technical confluence with the Daily S/R and the .618 Fibonacci, allowing for a bullish bias. The current swing high is the objective, exceeding this level will lead to a trend continuation. The swing high is the objective, exceeding this level will lead to a trend reversal. Overall, in my opinion, NZDCHF is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, ‘’No one strategy is correct all the time’’.- John Paulson
Long
by AzizKhanZamani
LITUSD Falling Channel| Local Ob| Price Action| Trend Evening Traders, Today’s analysis – LITUSD – trading in a local down trend where follow through is probable, Points to consider, - Price Action corrective - Local OB S/R Resistance - Daily S/R Support - RSI Divergence LITUSD’s immediate price action is corrective and is trading under a Local OB allowing for a bearish bias. The Daily S/R is the immediate support, testing this level will allow for a potential bounce. The RSI has a bullish divergence forming, playing out will be indicative of strength in price action. Overall, in my opinion, LITUSD is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.”
BINANCE:LITUSDShort
by AzizKhanZamani
SHIBUSDT Range High| .618 Fibonacci| Price Action| Trend Evening Traders, Today’s analysis – SHIBUSDT- trading at a key trade location where holding range high is critical for a bunce, Points to consider, - Price Actin Corrective - Range High Support - VWAP Support - Low Volume SHIBUSDT’s immediate price action is corrective and is trading at an area that has technical confluence with the Range High/ .618 Fibonacci and the VWAP, allowing for a bullish bias. The current volume is below average, an influx is highly imminent when an expansion occurs. The immediate objective is the range high, exceeding this level is likely to lead to a trend continuation. Overall, in my opinion, SHIBUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “You will never find fulfillment trading the markets if you don’t learn to appreciate and be satisfied with what you already have.” ― Yvan Byeajee
Long
by AzizKhanZamani
BTCUSD Rising Channel| Dynamic Support| Price Action| Trend Evening Traders, Today’s analysis – BTCUSDT- trading in a rising channel with further upside being probable, Points to consider, - Price Action Impulsive - Daily S/R Support - Range High Resistnace - Low Volume - Trend BTCUSDT’s immediate price action is impulsive, trading in an uptrend with a rising channel, allowing for a short term bullish bias. The range high is current range high (channel high) is the current resistance, testing this level will be a true trade location. The current volume profile is below average, an influx is highly imminent when testing a true trade location. Overall, in my opinion, BTCUSDT is a valid long with define risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
Long
by AzizKhanZamani
UNFIUSDT Range Low| Swing High| Price Action| Trend Today’s analysis – UNFIUSDT trading towards its higher low region where technical confluence asides, Points to consider, - Price Action Impulsive - Order Block Support - VWAP S/R Suppoty - .50 Fibonacci Support - Declining Volume - RSI Bullish Control Zone UNFIUSDT’s immediate price action is impulsive, trading towards a technical confluence level where a respect is probable, allowing for a bullish bias. The order block and the VWAP confluence increase the probable of a bounce, allowing for a trend continuation. The declining volume is indicative of a bullish retrace; an influx is highly imminent when the next expansion occurs. The curren RSI is trading above its bullish control zone, remaining in these levels in indicative of Strength. Overall, in my opinion, UNFIUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “All statistics have outliers. Money management, therefore, is key to the process of good trading.” ― Yvan Byeajee
ULong
by AzizKhanZamani
4
ETHUSD Rising Channel| Dynamic S/R| Trend| Price Action Evening Traders, Today’s analysis – ETHSD – trading in a rising channel with more upside potential, Points to consider, - Price Action Trending - Dynamic S/R (Support/ resistance) - Low Volume - RSI Neutral ETHUSD, trading on its Dynamic S/R Support in a rising channel, holding this level will allow for a bullish bias. The immediate objective is the Dynamic S/R Resistance, breaking this level will increase the probability of a trend continuation. The RSI is currently trading neutral whilst the volume is low, an influx is highly imminent once an expansion occurs. Overall, in my opinion, ETHUSD is a valid long with defined risk, price action is to be used upon discretion/ management, allowing for a bullish bias. Hope this analysis helps Thank you for following my work! And remember, “He who knows when he can fight and when he cannot will be victorious.” – Sun Tzu
BYBIT:ETHUSD.PLong
by AzizKhanZamani
4
NZDJPY Local Resistance| Swing High| Price Action| Trend Evening Traders, Today’s analysis – NZDJPY- trading below its Local S/R where a rejection is probable, Points to consider, - Price Action Impulsive - Local S/R Resistance .618 Fibonacci Confluence - Swing Low Objective - Low Volume NZDJPY’s immediate price action is trading below resistance with technical confluence being associated with the .618 Fibonacci, allowing for a short bias. The immediate objective is the swing low, exceeding this level will increase the probability of further downside. The current volume profile is below average, and influx is highly imminent when an expansion occurs. Overall, in my opinion, NZDJPY is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “You will never find fulfillment trading the markets if you don’t learn to appreciate and be satisfied with what you already have.” ― Yvan Byeajee
Short
by AzizKhanZamani