Banknifty Intraday Trade Setup,technical analysis |16th Dec 2024Bank nifty moments for option and future trading 16/Dec/2024 follow us for more updates information. message us for any stock by ARROWINDEX3
#NIFTY Intraday Support and Resistance Levels - 16/12/2024Flat opening expected in nifty. After opening if it gives breakout of 24800 level then possible strong bullish rally upto 25000+ level in today's session. Below 24750 expected reversal upto 24550 level. For today's session 24550 level will act as a strong and important support for nifty. Any major downside rally only expected below this support zone.by TradZoo6
Nifty Intraday Trade Setup & technical analysis | 16th Dec 2024Nifty moments for option and future trading 16/Dec/2024 follow us for more updates information. message us for any stocks related information.by ARROWINDEX1
[INTRADAY] #BANKNIFTY PE & CE Levels(16/12/2024)Today will be flat or slightly gap up opening expected in banknifty. After opening if banknifty sustain above 53550 level then expected strong bullish rally towards the 53950 level and this rally can extend for further 400-500+ points in case banknifty give breakout of 54050 level. Any downside expected below 53450 level. Downside 53050 level will act as strong support zone for index.by TradZoo3
US 30 Resting around Support Line at 43800 with a Bearish Set upUS 30 is resting on support at 43800 with the potential to fall. With no clear indication of strong buyers ahead. The US30 is likely to fall for the first half of the week only to recover and go Bullish towards the end of the week. The rate at which the US30 will fall will be based on how fast it gets to the lower support at 43360 which is the strongest zone for buyers to enter the market again. For shorts, look for price to break 43777 and retest that zone for a TP to 43360 area. For buys, look for price to break the trend line and retest the same trend line to rise. The short is more likely than the buy. If you are already in a short you can hold it. Follow me for more tips and tricks or comment below!Short07:46by leslyjeanbaptiste4
Nifty 50 16 Dec 2024 ViewKey Observations: Support and Resistance Levels: Support 1: 23,884.60 Support 2: 23,264.60 Resistance 1: 24,769.95 R2: 25,193.80 R3: 25,646.70 Trendlines: The chart shows a rising wedge/channel with price trading upwards near Resistance 1. The current upward trend may face resistance at higher levels, particularly R2 and R3. Harmonic Patterns: Shark Pattern (Left side): Indicating a reversal in earlier phases. ABCD Patterns & Cypher: Multiple harmonic patterns suggest significant retracement zones and reversals. Volume Analysis: Noticeable volume spikes during corrections, hinting at strong buyer interest during pullbacks. Outlook: Watch for a breakout above Resistance 1 for further upward momentum. Breakdown below Support 1 could trigger a reversal toward Support 2. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. I am a long-term options seller, and my positions may differ from short-term trading perspectives. Always consider your risk appetite before making investment decisions. Longby leoprabhum225
BankNifty Intraday Support & Resistance Levels for 16.12.2024On Friday, BankNifty opened on a negative note, slipping to a low of 52264.55. However, it staged a robust recovery, reaching a high of 53654, and closed strong at 53583.80, gaining 367 points over the previous close. Both the Weekly Trend (50 SMA) and the Daily Trend (50 SMA) remain positive, reflecting sustained bullish momentum. Demand/Support Zones Near Demand/Support Zone (75m): 52264.55 - 52665.15 Far Demand/Support Zone (Daily): 51693.95 - 52197.25 Far Demand/Support Zone (125m): 51693.95 - 51906.90 Supply/Resistance Zones Near Supply/Resistance Zone (Weekly): 53741.40 - 54467.35 (tested)by PriteshPal3
Nifty Intraday Support & Resistance Levels for 16.12.2024On Friday, Nifty opened on a negative note, dropping to a low of 24180.80, entering the Daily Demand Zone. However, it staged an impressive recovery, reaching a high of 24792.30, testing the 15m Supply Zone, and closed strong at 24768.30, up 219 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is positive, signalling strength in the short term. Demand/Support Zones Far Demand/Support Zone (Daily): 23927.15 - 24188.45 (tested) Far Demand/Support Zone (75m): 23447.15 - 23578.60 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 24772.60 - 24857.75 (tested) Near Supply/Resistance Zone (Weekly): 24567.65 - 25234.05 (tested) Far Supply/Resistance Zone (Daily): 25739.20 - 25907.60 Far Supply/Resistance Zone (Daily): 26151.40 - 26277.35 Note: Resistance at 24700 breached: Nifty crossed this critical level and closed above it, a positive sign. Since Nifty is now trading within the Weekly Supply Zone (24567.65 - 25234.05), staying cautiously optimistic is recommended.by PriteshPal1
BUY Order US500 DAILY TIMEFRAMEi noticed past day the us500 just pass the tenkansen of ichimoku kinkohyo, so why not take the risk ?Longby masochistsad1
Lies on NASDAQ to FOOD Big # ADM TSN CAGWell this is just a follow up so I dont need to explain...see prior post of mine and you will get whole story.. Get you food in order cause it will get really fun...I guess this is why at a dinner I had with John Bogle of Vanguard he said: "Boys....if any of you are smart and think about the future, how many of you will follow the phones versus follow the farming life, raise your hands? Well, it seems all the hands are up...so good news, none of you get to enjoy this exquisite meal tonight because no one will replace the people who made it all happen from soil, air , and water. If any of you boys are smart, get into that game by the early 20's and you will be able to take control of the world..and make the real money, the controlling money. Own the land, control the water, and your portfolios better contain the crops and their respective companies of tomorrow." Spoken June 2010 Say....isnt there real nice land in the Midwest owned by a few big guys or hedgefunds....and wait a sec...isnt there some "breadbasket" in that for border of the Big Meany we like to pick on that had a few hands dipped into it. Things arent random...just be in the right rooms at the right time :}by CYQOTEK0
DXY Masterclass: Expert Price Action Strategies UnveiledTVC:DXY AlexGoldHunter Technical Analysis Using Price Action Technique Key Levels and Patterns Resistance Levels: Top Resistance Band (RB): Around 107.500 Lower Resistance Band (RB): Around 106.000 Support Levels: Target Support: Around 105.500 Another Support Target: Around 104.000 Fibonacci Retracement Levels: 0.382: 106.835 0.5: 106.662 0.618: 106.489 0.786: 106.270 Break of Structure (BOS): Multiple BOS points indicating significant changes in price direction. Market Structure Shift (MSS): Points where the market trend changes direction. Equal Highs: Level where the price has reached the same high multiple times near 107.500. Indicators RSI (Relative Strength Index): Levels around 63.82, 57.11, and 40.00 indicating overbought and oversold conditions. MACD (Moving Average Convergence Divergence): Signal lines and histogram showing bullish or bearish momentum. Buy Strategy Entry Point: Look for a bullish reversal pattern near the Fibonacci retracement levels (0.5 or 0.618) around 106.662 or 106.489. Confirmation of a higher low or a bullish candlestick pattern (e.g., hammer, engulfing) near these levels. Stop Loss: Place a stop loss below the recent swing low or below the 0.786 Fibonacci level (106.270). Take Profit: Initial target at the resistance level around 107.500. Further targets can be set at the higher resistance bands around 108.000. Sell Strategy Entry Point: Look for a bearish reversal pattern near the resistance level around 107.500. Confirmation of a lower high or a bearish candlestick pattern (e.g., shooting star, bearish engulfing) near these levels. Stop Loss: Place a stop loss above the recent swing high or above the resistance band around 107.800. Take Profit: Initial target at the support level around 106.000. Further targets can be set at the lower support levels around 105.500 or 104.000. By using these price action techniques, you can identify potential buy and sell opportunities based on key support and resistance levels, trend analysis, and indicator confirmation. Remember to practice good risk management and stay updated with market conditions. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds by Alexgoldhunter0
Lies are only as good as they taste TSN CAG ADMSo, When we look at a wallet full of dollars and many games on or events to be festive...you tend to spend on food. These are the 3 big boys of AG and consumer vertical integration food production companies. So why would they go down if all is times of Joy and happiness. The vertical color bars are the Highs of each stock, colored to match the stock. The Price ranges on the right are the divergences that have occured Since those Highs. Notice how the NASDAQ is up on its previous high before pivoting...yet the others are 30+% down...hmm Those purple, pink, blue, and at far bottom grey..lines are all Fib Channels that use my Bow-Bridge technique and covered the entire Dot.com detonation from pivot lot to peak back to pivot low. You can see the Green pointed arrows show the past action and the best action of retracement to equal the food intake and price action of AG Conglomerates... Will post the next one on how it looked in the Dot.com 99-2001 span and see if there are correlations so you know when to short things...get food while you can...and then watch as everyone watches their retirement and pensions blow up and then food prices explode higher and you are just watching with your popcorn.... I never said I want to watch the world burn...I just poured Gas all over the place and sprinkled some special crystalline powders down too....Then I handed a roman candle to the partying Stocksters and said its sooooo pretty and colorful...give it a try to spark your achievement ;) by CYQOTEK2
Sp500 for buyThe S&P 500 is currently showing bullish momentum, supported by strong corporate earnings and stabilizing economic conditions. As of today, it is trading at 5,699.98, reflecting significant growth year-to-date. Analysts project further upside due to strong fundamentals, including earnings growth and resilience in consumer spending. Technical analysis indicates the index remains within an upward channel, with potential resistance near 6,100, suggesting room for gains if economic stability persistsLongby iraza0
Dow Jones ready to go upAnalysts suggest a cautiously optimistic outlook for buying the Dow Jones, focusing on sectors showing resilience, such as technology and healthcare. A bullish case relies on sustained support at key technical levels and easing inflation concerns. It’s vital to monitor Federal Reserve signals, as dovish guidance could provide further momentum. Stay alert for any pullback opportunities to align with broader market sentiment. Always consider risk management Longby iraza116
S&P500 Is Approaching the Daily TrendHey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5940 zone, S&P500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5940 support and resistance area. Trade safe, Joe.Longby JoeChampion5512
Silver still under-valued vs GOLDBased on history, The relative value of gold and silver reverts between the 40:1 ratio and 80:1. Silver is still above 80:1, so IMO is a good buying opportunity, to leverage against gold. The idea is; hold gold and buy silver above 80:1 ratio and sell silver and buy gold at or below 40:1 ratio. After a cycle, you will end up having twice as much gold as if you just bought gold outright. If you think that silver cannot make major and quick advances relative to gold... look at 2020. We are just in a holding pattern, if you want confirmation, look for the 80:1 ratio level - that is currently acting as support to give way and for silver (smaller less liquid market) to make quick progress.Longby flyinkiwi100
Nightly $SPX / $SPY Predictions for 12.16.2024🔮 📅Mon Dec 16 ⏰9:45am Flash Manufacturing PMI 📅Tue Dec 17 ⏰8:30am Retail Sales m/m 📅Wed Dec 18 ⏰2:00pm FOMC Statement 📅Thu Dec 19 ⏰8:30am Final GDP q/q Unemployment Claims 📅Fri Dec 20 ⏰8:30am Core PCE Price Index m/m #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investingShortby PogChan0
Market Watch Can the NASDAQ Overcome Resistance or Will It Fall?The NASDAQ has been struggling to break above the $20,059.24 resistance level, facing multiple rejections in recent sessions. This repeated failure to push higher suggests a potential shift to bearish momentum, especially with broader market weakness observed this week. If the NASDAQ fails to clear this resistance, we could see it break down from its current channel, which has been intact since September 6, 2024. If the price moves lower, the next key support levels are at $18,669.99 and $17,975.67. A breakdown below these levels could trigger further declines, and the market might follow suit with a broader selloff. These support levels are critical for any potential reversal. Keep a close eye on the resistance and support levels, as the direction here could influence the broader market sentiment in the coming weeks.by CryptocurrencyWatchGroup2
Bullish momentum to extend?S&P500 (US500) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 6,006.92 1st Support: 5,866.31 1st Resistance: 6,157.58 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Longby ICmarkets4
US INDEX BULLISH PROJECTION The US INDEX has closed last weeks weekly candle very bullish after retesting the weekly Trendline break and rebounding from it. With that in mind I’m seeing this weeks weekly candle as a possible bullish candle for end of week, for that scenario to play out we would have to hold 1-4 hr support @ 106.200-106.400. Target for the week 107.300-107.500.. let’s get through this week and see if the bulls keep control going into 2025. Longby jcatchinpips0
UK100 Holds Strong: Key Pivot Points in FocusHello, CAPITALCOM:UK100 is maintaining its strength and has yet to experience any significant downside. If it can break above and sustain a position above the 1W pivot point (PP), further upside potential is likely. However, if it remains consistently below this level, a retest of the 1M pivot point (PP) could be on the horizon. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344by TradeWithTheTrend33441
AUS200: Bearish Signal with Key Supports in FocusHello, PEPPERSTONE:AUS200 index faced rejection at the 1W pivot point (PP) and closed below the 1M PP, signaling a clear bearish confirmation. If the strong 1M support at 8226.122 fails to hold, further downside is likely, but only if the price breaks and consolidates below this level. Additionally, keep an eye on the next support at 8211.454. If both these supports give way, we can expect the price to move towards the 1Y PP. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344by TradeWithTheTrend3344551
FRA40 Eyes 1M PP Retest or 1W PP BounceHello, PEPPERSTONE:FRA40 has respected the significant 1M resistance level at 7494.676. It's likely the price will retest the 1M Pivot Point (PP) before resuming its bullish momentum. Ideally, a bounce off the 1W Pivot Point (PP) would be the preferred scenario! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344by TradeWithTheTrend33442