As you can see, the situation is quite clear. If it supports this decision line, new Ath is on its way. But if it cannot support, a bloodbath is on its way. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.
Big line go down. Active for several days to about a week. Look for my updates. Sell in red, close in green.
Nifty as expected suffered heavy losses due to Trump Tariff Tornado which has engulfed the global markets. The good thing which is the silver lining in the cloud was that it recovered from the lows of the day by a lot. The lowest point of today or perhaps the year 2025 so far was 21743 and we closed the day at 22161. Which is about 418 points. However we are not out of the woods yet. We will hopefully see bottom formation later during this week or the next if this lowest point is already not the bottom. The support levels for Nifty remain at 21743, 21289, 20790 and 20320. Resistance for Nifty will be at 22266, 22711, 23083 and 23384. Above 23384 closing Nifty will be back to the bulls territory and we can hope for a recovery towards 24K first and then 25K. As of now the ball is still in Trump's court as the world sizzles with his Whims and fancies. China is planning a stimulus package for its industry and High level cabinet meeting is going on in India as I write this to counter the effects of Trump Tariff and swift recovery of our economy in addition to minimising the effect of damage. The best strategy is to wait out the Trump Storm reassess the situation once bottom is formed. Those who have liquidity this is a good oppertunity to go long after bottom fishing. 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.
BUY 1490.00 | STOP 1300.00 | TAKE 1780.00 | Local upward correction in the main descending trend channel. 1780.00 is the key level consolidation above which will allow to develop a longer price rise to the level of 2100.00.
A historic drawdown week with unprecedented tariffs not seen since right before the great depression. We broke many supports and are looking for Support Stay Tuned - Today's Trading Range is coming out. Don't rush into a trader just to trade - But also, if you see a great opportunity take it.
wait for pull-back near by entry point and then go long current phase is pull-back have fun :)
https://www.tradingview.com/x/Zl5Az1Dj/ My dear friends, Today we will analyse EURUSD together☺️ The recent price action suggests a shift in mid-term momentum. A break above the current local range around 1.09620 will confirm the new direction upwards with the target being the next key level of 1.10369 and a reconvened placement of a stop-loss beyond the range. ❤️Sending you lots of Love and Hugs❤️
Hello traders, I want share with you my opinion about Euro. Recently, the price completed a pennant pattern, which resulted in a breakout to the upside. This breakout, however, didn’t gain much ground - the movement quickly lost momentum inside the resistance area between 1.0955 - 1.0985 points, where Euro sharply turned around. The reversal from this zone wasn’t unexpected, considering this level had already acted as resistance earlier. What followed was a clean break below the current support level at 1.0955 points, which shifted the market structure back to bearish. Now the price is trading lower, and the bearish impulse looks set to continue. My expectation is a further decline toward the support level at 1.0735, which also aligns with the buyer zone between 1.0695 - 1.0735 points. This level may act as the next potential area of interest where buyers could attempt a defence. The invalidation of local support, weakness after the breakout, and strong supply reaction from resistance all point to a high probability of continuation down toward TP 1 - 1.0735 level. Please share this idea with your friends and click Boost ?
The key support and resistance levels for SPY today are above. Follow me to get this notified when I publish in the morning. My group in my signature, get these first, then ideas, and then minds; I also post these for QQQ TSLA META VIX in my group, so join if y'all haven't. Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions. Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change. If you find this information beneficial and would like to receive these insights every morning at 9:30 AM, I invite you to support me by boosting this post and following me @OnePunchMan91. Your engagement is greatly valued! However, please note that if this post doesn’t receive more than 30 boosts, I will have to reconsider providing these daily updates. Thank you for your support! Need any other charts daily, Or how to trade this? Comment on this.
TF: 4h NFLX appears bearish at the moment. The corrective structure on the 4-hour timeframe suggests a potential decline. The current formation indicates that wave B likely completed at 998.61 , and the stock has now begun its descent into wave (C) of the correction. The correction may extend to the 100% projection of wave A at 788.67 , or potentially deepen to 659.06 , aligning with the 1.618 Fibonacci extension of wave A. After the completion of wave (C), traders can buy for the target up to wave B at 998.61 . I will continue to update the situation as it evolves.