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Technical Analysis Report: Balmer Lawrie & Co. Ltd.Overview: Balmer Lawrie & Co. Ltd. is showing key technical setups, offering potential trading opportunities. Here's a concise breakdown based on the daily chart analysis. Key Observations: 1.Fibonacci Retracement: The stock retraced to the 0.5 level at INR 225.00 and rebounded from the 0.382 level (INR 202.40). 2.Chart Patterns: An inverse head-and-shoulders pattern signals potential reversal, with a target of INR 263.45 if INR 249.54 is breached. 3.Moving Averages: Near-term support: 20-day EMA (INR 232.30) and 50-day EMA (INR 238.84). Resistance: 200-day EMA (INR 245.56), aligning with the pattern neckline. 4.RSI Momentum: RSI at 58.36 suggests mild bullish momentum, with room for upside. Key Levels to Watch: Resistance: INR 249.54, INR 263.45, INR 279.95. Support: INR 238.00, INR 225.00, INR 202.40. Potential Scenarios: Bullish: A breakout above INR 249.54 could lead to INR 263.45 and potentially INR 279.95. Bearish: A rejection near INR 249.54 may push prices back to INR 238.00 or lower. Volume Analysis: Rising volume indicates renewed buying interest, supporting a bullish outlook. Conclusion: Balmer Lawrie & Co. Ltd. is poised for a potential breakout above INR 249.54. Traders should monitor key levels closely and manage risk accordingly. Disclaimer: This analysis is for educational purposes only and not financial advice. Conduct your own research before investing.
NSE:BALMLAWRIELong
by AngshumanSaikia
(1D) MICROSOFT ANALYSIS (MSFT)Inspired by today's failed Bitcoin shareholders' vote, I've put up my prognosis for Microsoft MSFT for the next few months. MSFT is down almost 1.5% on the day, rejecting at the 78.8% retracement of the down move from the ATH. There are a couple possible scenarios going forward. Bullish case is that MSFT started a Bull Flag Correction (waves labeled in blue) with the pivot from the ATH in July. If so, we are completing Wave B of this flag (internal waves labelled in purple) , which may have completed already with this 78.6% rejection. However, we could still see it complete a 100% retracement instead and terminate as a Double Top, retesting and getting rejected at the ATH. This would signal the start of Wave C. We could expect this final wave to have a similar size to Wave A, giving us a short-term 17% Short play from the ATH before ultimately continuing the larger upside trend. Bearish case would be that Wave B described above (labelled in purple) is instead actually a Bear Flag for downside. This would have to be confirmed with a break below the $385 Support Range. **This analysis would be invalidated if we do indeed get a breakout above the current ATH, factoring in for some % overshoot (aka fake breakout).
NASDAQ:MSFT
by PHICAPITALINVESTMENTS
SOL $260 - Bounce from Support for 26.72% ReturnAltcoins, including BINANCE:SOLUSDT , got hit today and tumbled more than 10%. Nevertheless, the situation remains bullish overall. Solana hit support at $204.00 and bounced right off from it. We're currently targeting the last HH (higher high) at $260.00 which could give us up to 26% in return for this trade. Of course, if we break below $204.00 and close the daily candle there the trade would be disqualified. We are also inside a bullish flag (blue channel) that looks like a healthy consolidation of the former leg up we made during November. Support Zone: $204.00 Resistance/Target Zone: $260.00 Let me know what you think!
Long
by LGNDRY-Capital
5
XAUUSD TECHNICAL ANALYSIS ( READ CAPTION )hello traders kindly share your opinion about this chart. current gold price: 2673 after breaking 2665 resistance a bullish trend has emerged which can push gold up to 2688. both day one candles of this weeks have supported gold. if market breakouts our demand zone 2688 then market's next move will be 2702. key points: supporting zone: 2668/2665 resistance level: 2688 kindly study my chart for more like, comment and thanks for your support.
FXOPEN:XAUUSDLong
by Ibrahim_Gold_Traders
1
Alibaba - This Is Really Just The Beginning!Alibaba ( NYSE:BABA ) is starting to create a bullish reversal: Click chart above to see the detailed analysis👆🏻 After perfectly rejecting a major resistance level just three months ago, Alibaba now retested the previous trendline breakout area and bulls are immediately stepping in. If we actually see a break above the neckline of this bottom formation, we could even see new all time highs. Levels to watch: $80, $115 Keep your long term vision, Philip (BasicTrading)
NYSE:BABALong
by basictradingtv
1
balu **Analysis** 1. **Trend**: The stock shows a significant upward trend starting from June, with a period of consolidation since September. The current price is around ₹802.60, with some signs of resistance around this level. 2. **Support and Resistance**: - **Immediate Resistance**: ₹824 (recent high and upper level of consolidation). Key Supports**: ₹670.15: A strong horizontal support zone. ₹566.55: A deeper support zone that coincides with previous consolidation in August. 3. **Volume**: A noticeable increase in volume during the August rally indicates strong buying interest. Reduced volume in the consolidation phase suggests reduced participation, which is typical in such phases. 4. **Next Movement**: If the stock breaks above ₹824 with strong volume, it could signal the continuation of the uptrend. On the downside, a break below ₹670 could trigger further correction towards ₹566. ### **Next Possible Targets** - **Upside**: -₹900–920: If the stock breaks ₹824, it could aim for ₹900, which is a psychological resistance level. - **₹980–1000**: Further upward momentum could target the ₹1000 zone. - **Downside**: ₹670: The first strong support zone in case of a correction. ₹566: A deeper correction level if the broader market sentiment weakens. ### **Recommendation** Watch for a decisive breakout above ₹824 with strong volume for a bullish move. Keep an eye on ₹670 for support during any pullback. If this level is breached, it may signal a bearish turn. no recommendation for buy and sell
NSE:BALUFORGELong
by investigationofchart
UNH Bounce - Don't Miss Out On This 15% OpportunityNYSE:UNH dropped after the tragic death of UnitedHealthcare CEO (not UNH Group CEO) as well as public backlash. Nevertheless, as always in such situation, this has nothing to do with the stock itself. As price action traders we do not trade political or news events since those drops have an unimportant impact mid- to long-term. UNH now sits on the support zone at around $550 which was previous resistance. We also filled the daily gap at around $568 completely. We touched the 0.236 Fib from the $273 bottom (from 2020) and the RSI is nearly oversold on the daily. This gives us a got chance for a bounce from this zone up to $600 - $620. Support Levels: $550 $528 Target/Resistance Levels: $600 $622-628
NYSE:UNHLong
by LGNDRY-Capital
1
XAU/USD Longs from 2,590 or 2,570?Gold has been trading within a range, creating significant liquidity both above and below the current price. Once this consolidation phase breaks, I anticipate a reaction from either my supply or demand zones. Overall, my bullish outlook on gold remains intact. I am particularly focused on the demand zones around 2,570 and 2,590, which I’ve marked as key areas. If the price reaches these levels, I expect a slowdown, allowing for accumulation before initiating a new rally to the upside. Confluences for GOLD Buys: - Bullish Market Structure: Higher timeframes continue to show strong bullish momentum. - Break of Structure: Price has broken key levels to the upside. - Unmitigated Demand Zone: Price needs to revisit these areas before continuing higher. - Liquidity Above: There’s a notable amount of upside liquidity, particularly around Asian session highs. Note: If gold takes out the upside liquidity, I’ll shift my focus to potential sells around 2,670, targeting the 5-hour supply zone for a reversal back down.
OANDA:XAUUSDLong
by Hassan_fx
Its OK as longest google stays above 170 ! lets go ! Last week, Google stayed above 170, which is excellent news. Within the analysis, we can see that it’s starting to show bullish convergence. I also drew an ascending channel based on its recent price movements. In my last analysis of Google, I mentioned that once the price touched the "stacked channel," we only needed to observe the immediate candlestick structure, and from there, it would take off—and that’s exactly what happened (check out the little thumbs-up hand). Now, it doesn’t matter if the price dips slightly here; the key is for it to stay above 170 and within the mini ascending channel I marked. The real challenge for Google is breaking through the inflection zone where it’s currently positioned. It was rejected once, so the price will likely attempt to break through this key zone again. Let’s see what happens in the coming days. Thanks for supporting my channel! Best regards.
NASDAQ:GOOGLLong
by RocketMike111
1
XRP $3.00 - 25% Within HoursRipple / XRP is currently one of the coins with the most momentum. As we all know, this is very important for trend following models. As you can see, XRP holds the current trend line and repeats a pattern it already did two times within this short bullish trend. As $3 is a very important mark (and a round number too) I assume we will see a 25% move within hours (at max. a few days). I’d love to hear your thoughts and predictions. Where do you see XRP heading in the next hours to days? Let’s discuss below!
BITSTAMP:XRPUSDLong
by LGNDRY-Capital
2
DOGE to ATH ($0.74) - 35% within Hours to Days!Our first altcoin season of this crypto cycle is currently underway and BINANCE:DOGEUSDT is profitting from it. After rising over 200% within days DOGE is at the end of its consolidation period and nearing a potential breakout which could pump the coin to it's all-time high at around $0.74. Based on the ascending triangle setup we should at least get 35% within the next hours to days. Current support zones: $0.42 $0.40 I’d love to hear your thoughts and predictions. Where do you see XRP heading in the next hours to days? Let’s discuss below!
Long
by LGNDRY-Capital
2
PEOPLE/USDT: BULL PENNANT BREAKOUT! 5X OPPORTUNITY!!🌟 Hey Traders! 👋 If you're serious about unlocking premium trade setups, smash that 👍 and follow us for more high-value insights! 💹🚀 🔍 Technical Overview 🔥 PEOPLE is poised for a potential breakout! We're seeing a strong bull pennant pattern on the daily time frame, signaling a massive rally on the horizon. 🚀 This could be your 4x-5x moment in this bull market. Here’s the setup: 📈 Entry Zone: $0.07–$0.08 🎯 Target Potential: 400%–500% 🛡️ Stop-Loss: $0.0063 🚨 Why This Matters The technicals are lining up perfectly—PEOPLE looks ready to surge. Buying on dips might amplify your gains, so this could be a solid opportunity for both short-term and long-term traders. 💬 Your Take? Do you see the same explosive potential? Drop your analysis and thoughts in the comments below—let’s strategize together and ride this wave to the top! 🌊🔥 👉 Follow us for more market-winning trade setups and timely updates!
Long
by CoreCrypto1
2
ETH is finally Breaking out of Massive Triangle on the Weekly TF#ETH is finally Breaking out of Massive Triangle on the Weekly TF Chart..!! Ethereum 2024-25 bull run is Officially Started. 📈 Midterm Target: $10K! 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #ETH #CRYPTO #BULLISHRUN #BINANACE #ALTCOINSEASON #UPTREND
Long
by Bitking786
ETHUSDT - NEW ATH and what's behind3D chart displays a breakout of descending broading wedge Target projection for this pattern is around 5500 meaning a NEW ATH for ETH will be soon what this is mean? When Ethereum (ETH) reaches a new all-time high (ATH), it tends to trigger broader positive movements in the altcoin market, especially for coins associated with Ethereum's ecosystem or those leveraging its blockchain. Here are some types of cryptocurrencies that are likely to benefit: 1. Layer 2 Solutions: Coins like Optimism (OP) and Arbitrum (ARB) are directly tied to Ethereum, offering scaling solutions. As Ethereum grows in adoption and price, demand for these networks usually rises due to increased transaction costs on the main chain. 2. DeFi Tokens: Protocols like Uniswap (UNI), Aave (AAVE), and Curve (CRV), which are major players in Ethereum's decentralized finance (DeFi) ecosystem, often see growth in tandem with ETH's price increases. This is because higher Ethereum activity typically leads to increased use of DeFi platforms. 3. Competing Layer 1 Networks: networks like Solana (SOL), Avalanche (AVAX), and Polygon (MATIC) , (FTM) , (ONE) , (HBAR) will see price movements as investors diversify their portfolios during a bull market. 4. Web3 and NFT Projects: Tokens associated with Web3 initiatives or NFT marketplaces on Ethereum, like The Sandbox (SAND) or Decentraland (MANA), often benefit as Ethereum enables these ecosystems. "When Ethereum (ETH) achieves a new all-time high (ATH), positivity is expected to spread across the entire cryptocurrency market. However, in this analysis, the mentioned coins were selected based on their charts, targets, and future projects. The excitement is about to begin soon!" Best regards Ceciliones🎯
Long
by ceciliones
1