https://www.tradingview.com/x/gQHMPOqG/ AAPL SIGNAL Trade Direction: long Entry Level: 213.28 Target Level: 232.17 Stop Loss: 200.88 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 9h Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Once we closed above that Resistance that were we will be confident with our buys. The that is a double bottom some will say it's a W which is still correct, to be on the safe side let's wait for it to come and retest on the neckline
The index that did very well this week and which has potential to carry forward the momentum into the next week seems to be the CNX Financial Service index. The Financial index looks strongly placed above Mother Line of 50 Weeks EMA line. The resistances it faces or can face if it moves upwards can be 23332 and 23823. The next resistance for CNX Financial services is a major trend line hurdle at 24387. Crossing this can give the index a major breakout and a Free run towards 24899 or even 25K plus levels. The support for CNX Finance is the Mother line at 22890 and 22323. There is also a trend line support at this level. Falling below this level can see CNX Finance drop rapidly towards 21638 or below levels. Now if this breakout actually happens in the Nifty Financial Services Index the stocks that composites the Finance index will be the beneficiary in general. Some might benefit more some might benefit less and some might not benefit but for index to move upward the stocks composing it have to perform well. To know which stocks will do better than others we will have to look at their individual charts. The stocks which make the Nifty Financial Serviced index are HDFC Bank, ICICI Bank, Kotak Bank, Axis Bank, Kotak Bank, SBI, Bajaj Finance, Bajaj Finserv, HDFC Life, SBI Life, Shriram Finance, Cholamandalam Investment and Finance, PFC, REC, SBI Cards, ICICI Lombard, HDFC Asset Management, SBI Cards, ICICI Prudential Life, LIC Housing Finance, Muthoot Finance and IEX. The Index Can Perform if the majority constituents or the stocks with heavy weightage perform. Some of these stocks can perform others might not. Choose wisely after consulting your investment advisor, studying fundamentals and Technicals of each company. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Technical Analysis and Outlook: In the current week's trading session, Bitcoin has made multiple hits by retesting our completed Outer Coin Dip 78800 on Sunday and Monday. Consequently, the cryptocurrency has experienced a significant uptrend, reaching the inverse (Resistance) Mean Sup 84700 level. This upward oscillation indicates a potential for further price rally and suggests a likelihood of advancing toward the target designated as the Interim Coin Rally 88400. Such developments could facilitate an extension toward the supplementary target of Mean Res 94500 and beyond. If there is a decline from Interim Coin Rally 88400 or its current price level, the coin is expected to retest the completed Outer Coin Dip 78700, potentially reinstating the upward rally.
https://www.tradingview.com/x/FALj2Eyo/ Hello, Friends! It makes sense for us to go short on AUD/CAD right now from the resistance line above with the target of 0.904 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
NSE:BHARTIARTL Recently the price action seems to be dead. Traces of distribution can be seen. Short when crosses the previous low
Baddy dears friends ?? EURJPY trading signals technical analysis satup?? I think now EURJPY ready for SEEL trade EURJPY SEEL zone ( TRADE SATUP) ?? ENTER POINT (161.800) to (161.700) ? First tp (161.400)? 2nd tp (161.000)? Last target (160.500) ? stop loss (162.300)❌ Tachincal analysis satup Fallow risk management
https://www.tradingview.com/x/9a6WCcMn/ Dollar Index is stuck on a key daily horizontal support. Analyzing the intraday time frames, I spotted an inverted head & shoulders pattern on a 4H. Its neckline breakout will be an important event that will signify a bullish reversal. The index will continue recovering then. Alternatively, a bearish breakout of the underlined blue support will push the prices lower. ❤️Please, support my work with like, thank you!❤️
https://www.tradingview.com/x/EyRxI3BN/ Hello, Friends! Previous week’s green candle means that for us the CHF/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 166.301. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Price has had a nice BOS after the liquidity to the downside. We're looking for the retrace back to the FVG to take shorts to the previous lower liquidity levels. If you're into patterns this would be a clean "head & shoulders"!