LONG
Crude Oil Futures Under Pressure; Key Resistance Confirmed at ₹5Crude Oil futures on the MCX continued their downward trajectory on Wednesday, closing near ₹4,949 amid growing bearish momentum. WaveNodes Pro Max AI flagged a "Seller Trap Possible", but downside targets remain intact for now.
Seller trap alert means big players are finding opportunity to trap or shed short sellers.
The system-identified Short Entry at ₹5,212 has held firm as resistance, with two clear retests failing to breach the impact zone of ₹5,233–₹5,263. This former support has now flipped decisively into supply, adding pressure on intraday rallies.
🔻 Key Developments:
AI Bearish Probability: Rises to 50.9%, surpassing bullish odds.
Target 1 (₹5,036–₹5,103) achieved successfully.
Target 2 set at ₹4,750–₹4,818, with potential for deeper correction toward ₹4,465–₹4,533.
Profit Booking Alert: ₹5,084 marked as short-term profit-taking zone.
📉 Market Sentiment:
Volatility remains elevated at 23 PPB, with good volatility reading at 21 PPB, suggesting controlled but active movement.
Despite bearish strength, the AI warns of a possible seller trap, especially if prices reclaim levels above ₹5,084.
🧠 Analyst Take: “The rejection at ₹5,212 confirms the breakdown structure. As long as crude trades below this zone, lower targets remain open. However, a surprise reclaim could trigger short covering,” analysts from WaveNodes noted.
📊 Outlook:
Trend: Bearish
Resistance: ₹5,212–₹5,263
Support: ₹4,750 → ₹4,465
Traders are advised to watch volumes closely as crude approaches the next support band. A failure to break lower could validate the seller trap thesis.
GBPNZD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Gold silver update Our Spot #Gold Range Prediction from 31/03/2025 to 04/04/2025 is as under.
Gold Spot : 3023$-3126$
Gold INR : 88100-91050
Our Spot #Silver Range prediction from 31/03/2025 to 04/04/2025 is as under.
Silver Spot: 33.44$-35.05$
Silver INR: 98400-103200
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
JINDAL SAW By KRS Charts5th March 2025 / 9:40 AM
Why JINDALSAW??
1. Fundamentals Strong, Technically Bullish Stock .
2. Wave Count is showing 4th Wave might finish with Flag patterns low in JAN 2025.
3. Multiple FVG is marked as we can see in Chart,
Upside Red Zone FVGs are already mitigated partially in case of upside further
targets will full mitigations of those zone. (Red Zones)
Another FVG is visible in Hourly TFs which denotes possible Reversal from current level.
(Blue Zone)
4. Morning Star is also loading if Today Closing near 245 Rs.
5. 2 Possible Ways I am expecting which marked with Dotted Arrows.
6. RSI - Above 40
MACD - Positive Crossover
Initially Target 280 Rs.
USDJPY running for buystops... Hello traders!
One of the models I use got triggered on the 1h timeframe once the breaker failed. Expected draw and everything else mentioned on the chart pretty clearly.
I expect the market to reach the buystops resting at 150.739 , and expect the market to tap into the daily ifvg and the daily sibi .
For the daily -ifvg to act as proper inversion, I don't expect teh market to trade above the CE of the gap and hence the expected target of 150.810 .
Not financial advice.
GLGT.
Nifty laying traps... another one for sellers...Hello Traders!
The market is constantly trapping sellers without moving to the downside. Right now, nothing in draw on liquidity is obvious. It, frankly, can go either ways . And what does it mean when we can frame both sides of market using ICT concepts? It means that we have LOW PROBABILITY conditions . I'm sitting on the sidelines until the market gains clarity, favouring buyside delivery.
As long as the invalidation low of 22725 holds, my bias would remain bullish . Once that low is taken, I'm not interested in price and would wait for the market to provide more info.
When it looks that it can go either ways, the market structure gets filthy and PRECISION leaves the chat. WAIT FOR MORE CLARITY . Or gamble . It's absolutely your choice .
Have a safe trading day.
GLGT.
LONG INFO EDGE PositionalBuy Near 3682 For the 1st Target of 7462 2nd Target 11000, 104% Return,
Note: this is only for educational purposes Please don't Try Intraday Or Margin Trading. If You want to try Only Trade in Delivery ( CNC ) Keep Some Patience, Wait for the target. Thank You.
Low Maded 55% Last Time in Crona TIme Its Maded 49%
Profitable Trading The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.
The Rule of 90 is a grim statistic that serves as a sobering reminder of the difficulty of trading. According to this rule, 90% of novice traders will experience significant losses within their first 90 days of trading, ultimately wiping out 90% of their initial capital.
Advance divergence Strong divergence is the most reliable type of divergence, often signaling a significant reversal. It occurs when the price makes a new high or low, but the indicator fails to do so, indicating weakening momentum.
Traders use divergence to assess the underlying momentum in the price of an asset, and for assessing the likelihood of a price reversal. For example, investors can plot oscillators, like the Relative Strength Index (RSI), on a price chart.
Technical trading Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
Option and Database trading Options data captures information on options contracts, including pricing and trading volumes, useful for investment strategies. Discover our guide and top options data providers. Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future.
PCR in trading The Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment.
Credit Access Grameen Ltd view for Intraday 16th Jan #CREDITACC
Credit Access Grameen Ltd view for Intraday 16th Jan #CREDITACC
Resistance 900-905 Watching above 906 for upside movement...
Support area 890 Below 898 ignoring upside momentum for intraday
Watching below 888 or downside movement...
Above 898 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Technical Analysis of Chola Finance (CHOLAFIN) - Daily Chart:
Technical Analysis of Chola Finance (CHOLAFIN) - Daily Chart:
Chola Finance on the Move! Are You Watching?
After a steep correction from ₹1700, CHOLAFIN is now bouncing back from
its strong support at 1150! The bulls are showing signs of life, and the volume
suggests something BIG might be brewing!
Key Levels to Watch:
▲ Resistance: 1320
▾ Support: 1150
What's Next?: Breakout or Breakdown? Keep an eye on 1320 for a bullish confirmation or 1250 for any weakness!#CHOLAFIN
INOX WIND: Ready for a Breakout?
INOX WIND: Ready for a Breakout?
Recent price action hints at a potential trend reversal with the formation of a double bottom pattern at *145.
Support: *145
Resistance Levels: *195 | 235
Stay tuned for a confirmed breakout for bigger moves ahead!
▲ Disclaimer: This is not financial advice. Trade with caution and proper risk management.
Follow us for more market insights!
#INOXWIND
NIFTY50 Pre-Market Analysis for 16 Jan Nifty
#NIFTY50
Pre-Market Analysis for 16 Jan Nifty
Key Insights:
1. Huge Gap-Up Opening: GiftNifty indicates a significant gap-up opening.
2. Sideways Movement: The chart shows sideways movement, indicating both buyers and sellers are present.
3. _Market Respecting Support: Market is taking our personally drawn support, which can lead to a continuation of the upside rally.
Market Scenario:
1. Stay on Buying Side: Try to stay on the buying side, but with caution.
2. Be Aware of Changing Market Conditions: Remember that market situations can change rapidly, so trade accordingly.
Trading Strategy:
1. Trade with Proper Confirmation: Avoid trading based on Fear of Missing Out (FOMO).
2. Monitor Market Movement: Keep a close eye on market movement to adjust your strategy.
3. Stay Disciplined_: Stay disciplined and patient, even in volatile market conditions.
Important Reminders:
1. _One Trade Per Day: Focus on making one well-planned trade per day.
2. Stay Focused_: Stay focused and avoid impulsive decisions.
Chart Highlights:
Review the marked points on the chart to better understand the market scenario.
Stay cautious, stay disciplined, and trade wisely!