#109 GENIE IDEA BANKNIFTY ANALYSIS OPTION #109 GENIE IDEA I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
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Buyopportunity
Monday Gold Bull signal Alert!Market is Last 2 days was so choppy and daily candel close dojo and market stuck in range last whole day so now the in 4TF trend line is near to Demand zone at 2635-2638.
Market is open and in Asian session gold Fall like 100 pips down so wait for Gold Touch strong demand zone 2638.
For Bull target range is around 200+ pips so posible gold move on Monday Buy side and Gold also clear both side in NFP after 4 days.
CHF/JPY Analysis The pair has shown some bearish momentum, reaching a zone of interest for potential reactions. While a short-term bounce is possible due to oversold conditions and the proximity to a key weak low, the risk here is not negligible. Market dynamics suggest this could be a countertrend move, so it's vital to manage risk carefully.
Key Observations:
Weak low interaction: The price is sitting near a potential liquidity zone, making a reaction plausible.
Risk Note: Larger trends still lean bearish; any bounce may face resistance.
Always prioritize risk management and trade responsibly!
Ethereum Trade Alert: Next Big Move Incoming!#Ethereum Trade Setup
Entry Zone: $3,530 to $3,696
Targets:
$4,700
$5,300
$6,050
$8,954
Stop-Loss (SL): $3,169
Leverage: 3X to 5X
Don't miss this opportunity! If you missed the BTC rally, Ethereum could be your chance to catch the next big move. 🚀
#ETH #bullrun
Catching the TransMedics Group - $TMDX Falling KnifeTransMedics Group - NASDAQ:TMDX
For current and new shareholders here is your buying range for this company.
This could be the bounce that sends us back towards ATH's. But, if we were to fall lower I think it would be capped out around the 200MA.
DCA Buying Range: $55-$90
AVP GAP Fill to $134
NFA
RENDER LongRender is currently experiencing volatility as it undergoes price discovery. Despite recent fluctuations, the chart continues to align with a long-term upward trend line, indicating sustained bullish momentum. After a recent dip, Render saw a soft bounce but will require significant buying volume to challenge resistance levels. Render appears to be in a favorable position for long-term investment. A continued upward trend is expected, with potential gains likely in October.
Support - $5.16
Resistance - $5.90
RSI - Neutral
Fear & Greed Index (Binance) - Neutral 49 ( as of 10/8/2024)
P911 - Opportunity to Buy a cheap Porsche? Stock - not a car :( GETTEX:P911
We all know issues that VW group is currently facing so no point of writing about that. Lets look at some investment opportunities!
Since the start of 2024 Porsche saw a nice move to the upside where price found resistance and since then.... since exactly 224 Days, price dropped -42.27%!!! Only in November price dropped -17,33%.
While this may look bad, and in most cases is bad, there is money on the table for those who still havent invested in this stock.
We do not know 100% what will happen with VW group and Porsche, too big to fail? I guess.
There is no historic price action so we also dont know for how long this will keep on dropping and where is the actual bottom before reversing to the upside?
Me personally, I started buying some of Porsche stocks each month. We know for certain it cant go bellow 0 (Absolute bottom). There is still room to drop , but there is also profit potential on the upside towards historic prices.
For those who are willing to take the risk and have some connection to the car industry - Porsche in general, like me.. This may be a good investment in the long run.
Also do not forget that owning this stocks Porsche will be paying you dividends once a year!
Patience is the key! Play it smart!
QUALCOMM DEEP DIVE (DD): A Trillion dollar Market Cap InboundQUALCOMM DEEP DIVE (DD):
A Trillion-dollar Market Cap Inbound
In this video, we will be doing a DEEP DIVE into:
1.) NASDAQ:QCOM H&S Pattern
2.) Why Qualcomm is a great investment, 6/6 score
3.) Implications for NASDAQ:INTC & NASDAQ:MBLY if they're acquired by Qualcomm. BULLISH MOBILEYE!
4.) Combining fundamental & technical analysis into investing
I worked really hard to prepare this video; if you enjoy it, please consider sharing. 🙏
NFA
#investing
SMCI AnalysisAt this stage, fundamentals take precedence when analyzing SMCI. While the chart reveals a clear Fibonacci retracement at the current price level (~$28), this also aligns with a strong resistance zone. Historically, such levels represent pivotal decision points for the market, and breaking through this level will require substantial momentum backed by positive fundamental developments about the company.
Recently, we saw a price spike after SMCI announced the appointment of a new auditor (BDO USA) and confirmed that it had filed the necessary compliance reports to meet Nasdaq requirements. This was a major step for the company, signaling its commitment to rebuilding trust and stability. From this point onward, good news is the only way forward if SMCI aims to achieve a strong stock price recovery.
The current price action reflects the significance of this area, with the stock potentially finding a base here. If upcoming news or developments favor the company, this resistance could be breached with strong bullish momentum. A breakthrough could trigger a rapid upward move, presenting a substantial opportunity to reach the $45 level—a key target that aligns with the next Fibonacci zone and historical price action.
In conclusion, while technicals suggest this is a critical point, the fundamentals will ultimately dictate the direction. Investors should stay alert for further updates, as the upside potential towards $45 is significant if the company continues to deliver positive news.
NZD/CAD Buy Opportunity Our market update already hit TP on NZD/CAD before with the sell position, which played out well. Now, we're shifting gears with a BUY possibility!
Entry: 0.82530
Take Profit: 0.84505
Stop Loss: 0.81089
This setup is based on a careful analysis of the current market conditions. As always, trade responsibly and manage your risk wisely! This is not financial advice.
$EIGEN/USDT: Falling Wedge Breakout – Ready to Surge!$EIGEN/USDT: Bullish Setup 🚀
EIGEN has broken out of a falling wedge pattern on the 30-minute chart, a bullish reversal structure. The breakout is supported by strong volume, and the price is now retesting the breakout level. If the retest holds, it could trigger a strong upward move. 📈
📌 Entry Point: CMP (~$2.43)
📈 Add-on Zones: $2.30–$2.25 for retests.
🎯 Targets:
- $2.80
- $3.20
- $3.60 (Major Target)
⛔️ Stop Loss: $2.30 to minimize downside risk.
⚖️ Leverage Advice: Use leverage between 2x–5x based on risk tolerance.
#EIGEN #Crypto #BullRun
$GOAT/USDT: Bullish Setup with Explosive Potential!$GOAT/USDT: Bullish Outlook
GOAT has been making a rising wedge pattern and took the break at the lower trendline. Today, it's found support near that lower trendline while the price is holding above the 21 EMA on the 4-hour chart, which reflects the strength of the bulls. A breakout above the upper resistance line may create explosive price action.
Entry Point: CMP (~$1.08)
Add-on Zones: $1.02–$0.95 for potential dips.
Targets:
$1.50
$2.00
$2.30 (Primary Target)
Stop Loss: $0.94 to minimize downside risk.
Leverage Advice: Use 2x–5x leverage responsibly.
$DOGE/USDT: Bullish Breakout with High Potential!$DOGE/USDT: Long Setup 🚀
DOGE has broken out of a symmetrical triangle pattern after consolidating near a key support zone. The price is now trading above the 50 EMA on the 1-hour timeframe, indicating a shift in momentum toward bullish territory. With strong volume supporting the breakout, DOGE looks primed for an upward move. 📈
📌 Entry Point: CMP (~$0.388) 📈 Add-on Zones: $0.37–$0.34 for potential pullbacks. 🎯 Targets:
$0.44
$0.52
$0.68 (Major Target)
⛔️ Stop Loss: $0.34 to manage downside risk. ⚖️ Leverage Advice: Use 2x–5x leverage for risk-optimized trades.
#DOGE #Crypto #AltcoinSeason
USDCAD BULLISH SETUPAbove this high we wait for a solid BOS, the nature of a candle close will dictate if we commit to the setup.
We are looking for a candle that fully breaks above, the structure, With the body close above the structure.
This will be an impulsive move.
We identify a market structure that formed prior to the break, and that will be our entry position.
Be sure to use your hard learnt skills to look for an entry around this area. Which will be our POI.
NZD/USD at Strong Support: Is a Move Higher on the Horizon?Since the end of September 2024, the NZD/USD pair has been in a pronounced downward trend, experiencing a depreciation of over 8% without any significant retracements. This downward movement has found crucial support around the 0.5850 level, where the price is now showing early signs of exhaustion. This support level has been tested on previous occasions, indicating it may serve as a key area of interest for buyers. As the market awaits a potential upward corrective movement, traders should remain vigilant, particularly with the upcoming release of US Retail Sales data, which could significantly impact the pair's volatility.
Scenario 1: Upward Correction
The rejection of the support at 0.5850 and the formation of a potential bottom signal the presence of buyers. A break above the previous day's high at 0.5885 could confirm the entry of buying pressure. The 38.2% Fibonacci level at 0.6040 serves as the first projected target for this upward correction, coinciding with an important resistance zone.
A buying opportunity may arise if the price breaks yesterday's high at 0.5885. In this instance, we could see the formation of an Engulfing Pattern on the daily chart, a strong bullish signal.
Initial Target : The target could be set around 0.6040, where mid-term resistance aligns with the 38.2% Fibonacci retracement level.
Stop Loss: A suitable stop loss might be positioned below the support line, around 0.5800, to protect against adverse movements.
Scenario 2: Continuation of the Downtrend
Conversely, if the price breaks below the 0.5850 support level, it will immediately encounter another significant support zone at 0.5790. Given the proximity of these support levels, a 60-pip move may not justify the risk, especially considering the sharp downward trend observed over the past two months.
Potential Short Trade if Major Support is Broken:
From a risk/reward perspective, a short opportunity could become attractive only if the price breaks below the 0.5790 level. In this case, the next level of support would be sufficiently distant to offer a favourable risk/reward ratio for traders.
In summary, the NZD/USD pair is currently at a pivotal support level, displaying signs of potential exhaustion. The next price movements will be critical in determining whether we witness a significant corrective rally or a continuation of the downtrend. Traders should exercise caution, particularly in light of forthcoming economic data, and closely monitor key levels to make informed trading decisions.
Disclaimer:
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK.
USDJPY at key level for next rally!Hey guys,
Based on my analysis, USDJPY reached a key level that might to have a good point for next rally.
As it is visible on the chart there is a conjunction of two important trend line that they cross each other on a support area.
So however it can be a little bit risky because currently there no clue for reversal to uptrend in 15min chart, but the good risk reward leads me to open a position at this key level.
Good luck!
EUR JPY Trade Setup Daily TimeframeEUR JPY has broken through a major resistance level, which has now turned into a support level, forming break and retest pattern on the daily timeframe.
We’ll be looking for buy entries from the retest level. to get our entry, let’s scale down to lower timeframes to identify chart patterns and candlestick confirmations.
📉🔄📈
Buy Moving average intraday stocks tomorrow 12/11/2024Stock recommendation:-
Buy Moving average intraday stocks for tomorrow
follow for update and information.
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