#NIFTY Intraday Support and Resistance Levels -07/03/2024
Nifty will be gap up opening in today's session. After opening nifty sustain above 22500 level and then possible upside rally up to 22620 level in today's session. in case nifty trades below 22450 level then the downside target can go up to the 22330 level.
Trendpattern
A Reversal Pattern!The candlestick pattern indicates a reversal pattern where the price having a positive momentum towards the MA line without significant in trading volume. Therefore, a precaution for a potenticial price reversal.
The price channel indicator provide the upper and lower bound of the price range during a market trend. The indicator uses the highest highs and lowest lows to form the channel, with the upper and lower lines representing support and resistance areas
MACD and RSI indicate a positive signal hence confirming the price momemtum towards next price resistance.
Let's SALUTE in WL and watch out for price uptrend towards next price peak resistance with result in volume above the MA line.
R 0.740
S 0.620
[INTRADAY] #BANKNIFTY PE & CE Levels(06/03/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 47450 level then possible downside rally of 400-500 points upto 47050 Level in todays session.Any Major upside only expected in case banknifty starts trading above 47550 level upto 47950 level & this rally can extend another 400 points if market gives breakout 48050 level.
ALPH/USDT | GATE.IO | Micro/Macro Strategy | Daily TFi've loved alph very much since its inception. this chart has played out so well for me in these last 6 months.
finally another competitor PoW coin for the people.
i have been and will continue to stack this coin, if you haven't already. Do a little research on Alephium mining. it's easy AF and simple passive income, especially if your graphics cards are just idle, put them to work guys!.
here is my micro/macro trade for ALPH/USDC on the Daily TF. I do expect plenty of volatility as we stress the top of our previous ATH.
Also, as we do poke at this previous top a bit I will be watching on the 4hour for any re-entries and liquidity dips.
for now, i'm holding, watching the 4HR, daily & weekly timeframes for quick wicks of liquidity grabs.
in 2 weeks or less we will have our directional answer. no stops set here, only limit orders. my direction is heading North!
CADCHF SHORTEven though we have a high probability chance of going short from this zone at 0.65280. We have seen how price has decided to deliver price bearish. On this zone on the 5Min, price has already mitigated the Demand zone and its set to go bearish from my analysis. See where you come in and trail stop loss when it breaks through 0.64930 for the potential target at 0.64704
USOIL, LongPrice has been growing in an ascending channel since price hit low @ $67.68 on December 13th, 2023. Fundamentals reported two weeks ago revealed that the Iraq refinery has been re-opened since its closure more than 10 years ago and that meant more supplies which fell the oil price from $78.69 to $75.73
The following week was met with USOIL demand where buyers picked the price from the $75.73 all the way up to $80.3 by the end of last week's market closing.
What do i expect this week??
I expect the USOIL price to retest the support and liquidity zone at $78.24 and with this holding, price could drive up to $81.95 that is if the support holds.
My Support is $78.240 and target is $81.95
[INTRADAY] #BANKNIFTY PE & CE Levels(02/03/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session.Any Major downside only expected in case banknifty starts trading below 46950 level.
Head & Shoulder pattern breakout in BANKNIFTYBANKNIFTY INDEX
Key highlights: 💡⚡
✅On 15 MIN Time Frame Banknifty index Showing Breakout of Head & Shoulder Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 46850+.
✅Can Go Long in this Banknifty index by placing a stop loss below 46100-.
#NIFTY Intraday Support and Resistance Levels -01/03/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22060 level and then possible upside rally up to 22180 level in today's session. in case nifty trades below 22020 level then the downside target can go up to the 21900 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(29/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 45550 Level & this rally can extend another 400 points if market gives breakdown 45450 level in todays session.Any Major upside only expected in case banknifty starts trading above 46050 level.
Bitcoin Buy or Sell ??Remember that buying Bitcoin now is very risky. There is a possibility of the above-mentioned triangle structure. So Bitcoin has almost reached the end of wave D. It is still too early to post shorts. Because the bearish market signal has not been observed yet. In terms of time analysis, Bitcoin's main uptrend will start after 2025.
[INTRADAY] #BANKNIFTY PE & CE Levels(27/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46450 level then possible downside rally of 400-500 points upto 46050 Level in todays session.Any Major upside only expected in case banknifty starts trading above 46550 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(26/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46950 level then possible downside rally of 400-500 points upto 46550 Level & this rally can extend another 400 points if market gives breakdown 46450 level in todays session.Any Major upside only expected in case banknifty starts trading above 47050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(22/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 474550 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session .Any Major downside only expected in case banknifty starts trading below 46950 level.
The 9 Rules of Successful Investors The world of investing can be a daunting place, especially for beginners . With so many factors to consider and the potential for significant losses, it can be difficult to know where to start. However, there are a few basic rules that all successful investors follow. By following these rules, you can increase your chances of success and avoid costly mistakes.
1. Be prepared to lose money.
This is the first and most important rule of investing. No matter how much research you do or how experienced you are, there is always the possibility of losing money. This is why it is important to only invest money that you can afford to lose.
2. Calculate your risk before opening a trade, not during.
Before you open any trade, you should always calculate your risk. This means determining how much money you are willing to lose on the trade. You should also set a stop-loss order to automatically close the trade if it reaches a certain price level.
3. Be in a cold state of mind (without the influence of emotions).
Emotions can be a major enemy of successful investing. When you are trading, it is important to stay calm and rational. Do not let your emotions get the best of you, as this can lead to making bad decisions.
4. Open positions only in the direction of the trend.
One of the best ways to increase your chances of success in trading is to trade in the direction of the trend. This means identifying the overall trend of the market and then trading in line with that trend.
5. Keep a trading journal with a detailed description of each trade.
A trading journal is a great way to track your progress and identify areas where you can improve. In your trading journal, you should record details of each trade, such as the date, time, entry price, exit price, and profit or loss.
6. Regularly analyze your trades.
Once you have a few trades under your belt, it is important to take some time to analyze them. This will help you identify what you are doing right and what you need to improve on.
7. Constantly improve yourself.
The world of trading is constantly evolving, so it is important to keep up with the latest trends and strategies. There are many resources available to help you learn more about trading, such as books, websites, and courses.
8. Give yourself time to rest from trading.
Trading can be a stressful activity, so it is important to give yourself time to rest and recharge. Taking breaks from trading will help you stay focused and avoid making emotional decisions.
9. Profit is only what you have taken and have in your pocket (conditionally), not what the open P&L in the position shows, because it is floating and not fixed profit.
This is a reminder that profit is not real until you have taken it out of the market. Do not get too attached to your profits, as they can quickly disappear if the market moves against you.
Additional Tips for Successful Investing
In addition to the 9 rules listed above, there are a few other things you can do to increase your chances of success as an investor:
Do your research. Before you invest in any asset, it is important to do your research and understand the risks involved. This includes understanding the asset's fundamentals, as well as the overall market conditions.
Diversify your portfolio. Don't put all your eggs in one basket. By diversifying your portfolio, you can reduce your risk and increase your chances of success.
Invest for the long term. The stock market is volatile in the short term, but it has historically trended upwards over the long term.
By investing for the long term, you can ride out the short-term fluctuations and maximize your returns.
Don't panic sell. When the market takes a downturn, it is important to stay calm and avoid panic selling. Selling when the market is down will only lock in your losses. Instead, focus on the long term and ride out the storm.
By following these tips, you can increase your chances of success as an investor. However, it is important to remember that there is no guarantee of success. Even the best investors in the world lose money sometimes. The key is to learn from your mistakes and keep moving forward.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 474550 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session .Any Major downside only expected in case banknifty starts trading below 46950 level.
Descending Triangle pattern breakout in INDIGOINTERGLOBE AVIATION LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Descending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3240+.
✅Can Go Long in this Stock by placing a stop loss below 3040-.
[INTRADAY] #BANKNIFTY PE & CE Levels(20/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46450 level then possible downside rally of 400-500 points upto 46050 Level & this rally can extend another 400 points if market gives breakdown 45950 level in todays session.Any Major upside only expected in case banknifty starts trading above 46550 level.
XAUUSD⚡️FOMC Minutes eyed⚡️❤️MY FOREX TEAM❤️
INFORMATION
Gold price (XAU/USD) holds above $2,000 during the early Asian session on Monday. US economic data suggests inflation is stickier than expected and prompted financial markets to dial back expectations that the Federal Reserve (Fed) would start cutting interest rates in June. At press time, the gold price is trading at $2,014, gaining 0.12% on the day.
💲BUY GOLD 1980-1985 💲
SL @ 1977
TP 1 @ 1990
TP 2 @ 1998
TP 3 @ 2009
💲SELL GOLD 2027-2030 💲
SL @ 2035
TP 1 @ 2020
TP 2 @ 2010
TP 3 @ 2000
Everyone success..👍👍👍
❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
XAU/USD holds above $2,000, PBOC rate decision, FOMC Minutes eyed
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital