Get started

Support and Resistance

Potential outside week and bullish potential for SHGEntry conditions: (i) higher share price for ASX:SHG above the level of the potential outside week noted on 29th August (i.e.: above the level of $0.355). NOTE: Be wary of the market reaction on Monday, 1st September since the annual report was released after market hours on Friday, 29th August - don't chase the market if there is a severe gap up. Stop loss for the trade would be: (i) below the low of the outside week on 25th August (i.e.: below $0.305), should the trade activate.
ASX:SHGLong
by Ivory_Wolf
Birla Corporation looking North ward after weekly BOBirla Corp. Ltd. engages in the provision of manufacture of cement. It operates through the following segments: Cement, Jute, and Others. Birla Corp. Ltd. Closing price is 1280.10. The positive aspects of the company are Companies with Zero Promoter Pledge, Companies with reducing Debt, Strong cash generating ability from core business - Improving Cash Flow from operation and FII / FPI or Institutions increasing their shareholding . The Negative aspects of the company are high Valuation (P.E. = 25.8), MFs decreased their shareholding last quarter. Entry can be taken after closing above 1283 Historical Resistance in the stock will be 1350 and 1438. PEAK Historic Resistance in the stock will be 1532 and 1660. Stop loss in the stock should be maintained at Closing below 1170 or 900 depending upon your risk taking ability. 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.
NSE:BIRLACORPNLong
by Happy_Candles_Investment
Maithan Alloys looking solid after consolidation. Maithan Alloys Ltd. manufactures and exports manganese alloys. Its products include Ferro Silicon, Ferro Manganese, and Silicon Manganese. The firm also generates and supplies wind power. Maithan Alloys Ltd. Closing price is 1092. Dividend Yield @CMP = 1.48%. The positive aspects of the company are attractive Valuation (P.E. = 4.7), Companies with Zero Promoter Pledge, Companies with Low Debt, Rising Net Cash Flow and Cash from Operating activity, Annual Profit Growth higher than Sector Profit Growth and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are Increasing Trend in Non-Core Income and Stocks Underperforming their Industry Price Change in the Quarter. Entry can be taken after closing above 1098 Historical Resistance in the stock will be 1149 and 1187. PEAK Historic Resistance in the stock will be 1221 and 1275. Stop loss in the stock should be maintained at Closing below 1036 or 999 depending upon your risk taking ability. 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.
NSE:MAITHANALLLong
by Happy_Candles_Investment
CRYPTO: ETHERIUM (H1)CRYPTO:ETHUSD Wave Count: - The larger impulse (labeled (1) → (5)) appears complete, with the top marked at wave (5). - Current structure is unfolding as a corrective pattern following the top. - Subwaves labeled (a) or (1), B, and C suggest that the market is now in a decisive corrective phase. There are two potential corrective scenarios being tracked: 1. Expanded Flat / Running Flat correction. 2. Impulse move down unfolding as wave (3). Targets: Upside (retracement / correction before continuation): - 4,400 – 4,600 USD (Expanded Flat target zone). - 4,961.2 USD is marked as the Recent Count Invalidation level – any move above here would invalidate the current bearish count. Downside (continuation of correction / start of larger wave (3)): - 3,573.0 USD – first bearish target (wave (c) or (3)). - 3,362.7 USD – extended bearish target if downside momentum accelerates.
BITSTAMP:ETHUSD
by Kap_Waves
Nifty staring at couple of important resistances next week. Nifty is looking at few resistances before it can breakfree. The resistance immediately in front of Nifty is 24748. Once this resistance is crossed then there will be Father line of hourly chart which will again act as resistance. Father line of hourly chart remains at 24775. Once we get a closing above these 2 levels then Nifty can further grow towards 24835, 24930 and 25000. If we get a closing above 25K then the next resistance will be at 25126. Supports for Nifty currently are at 24701 (Mother line Support of hourly chart) if we get a closing below this level then few other supports will be at 24645, 24559, 24465 (Trend line Support) and 24350. Closing below 24350 will make Nifty very week. GST reforms are trying to support the Nifty which is being pushed down by Trump Tariffs and other Macro factors. 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.
NSE:NIFTY
by Happy_Candles_Investment
We got the first profit! Next is 10k. Who's with me? ^⁠_⁠^ We got our perfect entry and reached our TP. Now that big institutions and whales are showing interest in BINANCE:ETHUSDT reaching 10k is more likely once the captial starts moving to ETH. I too, with the experts have a similar view on ETH's future performance! Not gonna list out things y'all already know. Feel free to drop your idea even if contradicting. Good luck! #BTC #ETH #bullrun #technicalanalysis #crypto #fundamentalanalysis #priceaction
COINBASE:ETHUSDLong
by Stallone27
Spot Silver analysis With RSI and CVD showing divergence to price, probability for a decent pullback increases. Buyers may start to become exhausted within the 41 - 40.5 range, despite strong fundamentals. Price acceptance above VAH on the Yearly VP with a clean test of the same in confluence with the first deviation of the Yearly VWAP, indicating to a strong uptrend and suggesting a shift of value area to higher territory, with ~38.15 as the potential POC. Price is currently sitting at the second deviation of the Yearly VWAP, suggesting an over-streched condition. A pullback on the VAH of the Quarterly VP in confluence with the first deviation of the Quarterly VWAP and the broken resistance of 39.5, in my opinion, makes a solid long entry point as the uptrend persists, supported by strong fundamentals. If buyers, on the other hand, fail to defend 39.5, the next potential entry would be around the Quarterly VWAP and POC; however, we do have volumes accumulated just above 39.5 (~39.8), meaning that it is likely buyers will jump in to defend that zone. In the short-term/intraday view, price continues to accept 41 as resistance despite positive news on Friday. The VAL of the Weekly VP showed consistent buyers with 40.5 and the area 40.7/75 as accepted support. If sellers continue to defend 41 and show intention of shifting volumes lower, a break of the 40.7/75 area would indicate buyers exhaustion and a break of 40.5 would indicate sellers control. Weekly CVD shows sellers stepping in on Friday; however, one danger for a short position in the current price level is potential sellers absorption just a tick or two below 41, making it a key level for both buyers and sellers. Overall, a pullback can be expected in Silver but it's not wise to jump in a short just yet.
OANDA:XAGUSD
by seventhsupervisor
Bullish trendline keeps beeing rock solid 📈 We can clearly see a bullish trendline confirming the trend since mid-May. ✅ The trendline has been tested and confirmed on multiple occasions, especially over the last two weeks. 🔥 The candles that broke through ended up attracting a huge amount of buyers, turning them into extremely bullish candles. The wicks at times indicate traders clearly respecting the trendline, while the closely following 50-day SMA has so far acted as a reliable safety net. 🎯 I’ve used the trendline and SMAs to trade short term multiple times, and it has worked wonderfully so far. 🟢 Once we reach the trendline or the SMA, I go long. If we break through the 50 and 200 SMAs and close beneath them (important!), I’m out. 💰 So far, this has brought me some nice gains. If the trend breaks: so be it. It has already given me great opportunities. Winning five times and losing once should always be considered a huge win in trading, as long as you manage your risk. ⚠️ This is not financial advice! I just wanted to share how it has played out for me so far. At the very least it might help others see similar patterns in the future. For now, as long as the trendline holds, my personal outlook remains bullish. If we break it, we might see bearish momentum.
NYSE:XYZLong
by Androkas
1
Bank Nifty Weekly Insights: Key Levels & TrendsThe Bank Nifty ended the week at 54,114.55, gaining +0.86%. Key Levels for the Upcoming Week Price Action Pivot Zone: 54,000 to 54,231 – This blue-shaded range is the key area to watch. A breakout on either side could decide next week’s trend direction. Support Levels S1: 53,648 S2: 53,181 S3: 52,656 Resistance Levels R1: 54,582 R2: 55,050 R3: 55,615 [b Market Outlook Bullish Scenario: If Bank Nifty sustains above 54,231, buyers may gain control, pushing the index toward R1 (54,582), followed by R2 (55,050) and R3 (55,615). Bearish Scenario: If the index falls below 54,000, sellers could dominate, leading the index toward S1 (53,648), and potentially to S2 (53,181) and S3 (52,656). Disclaimer: lnkd.in
NSE:BANKNIFTY
by ALICEBLUE
Nifty Weekly OutlookThe Nifty 50 ended the week at 24,741.00, gaining +1.29%. 🔹 Key Levels for the Upcoming Week 📌 Price Action Pivot Zone: 24,663 to 24,820 – This is the critical zone to watch. A decisive move beyond either side may dictate next week’s trend. 🔻 Support Levels S1: 24,425 S2: 24,109 S3: 23,873 🔺 Resistance Levels R1: 25,058 R2: 25,374 R3: 25,594 📈 Market Outlook ✅ Bullish Scenario: If Nifty sustains above 24,820, buying momentum could build, aiming for R1 (25,058). A strong breakout above this may push prices towards R2 (25,374) and R3 (25,594). ❌ Bearish Scenario: If the index breaks below 24,663, selling pressure may return. This could drag Nifty towards S1 (24,425) and further down to S2 (24,109) and S3 (23,873). Disclaimer: lnkd.in
NSE:NIFTY
by ALICEBLUE
ETH 1H Analysis - Key Triggers Ahead | Day 14💀 Hey, how's it going ? Come over here — Satoshi got something for you! ⏰ We’re analyzing ETH on the 1-hour timeframe timeframe. 🔭 On the 1H timeframe for Ethereum, we can see that after yesterday’s news, ETH pushed upward toward the top of its range but failed to break out. From that resistance, it faced a heavy rejection, and this drop happened within just two 1H candles! At the moment, ETH is in a consolidation zone, and breaking out of this compression could provide us with an entry. ⛏ The key RSI oscillator levels are at 38 and 50. Once RSI breaks above or below these zones, Ethereum could start its next move following the effects of yesterday’s NFP news. 💰 The size and volume of red candles have increased sharply, showing strong selling pressure. The corrective bounce happened step by step, but then another fairly large red 1H candle was printed. With continued selling pressure, Ethereum may test lower price levels. 🪙 On the 1H timeframe for the ETHBTC pair, we can see it is moving inside a multi-timeframe range. Each time it reaches the bottom of the box, volume increases and the price reacts with zig-zag moves. Note that the bottom of this box is at 0.03864, which has already been tested twice. This area should be considered as a short alert zone for ETHBTC. 💡 The alert zones for Ethereum itself are at 4,272$ and 4,338$. If either of these levels is broken, ETH could start a strong move, especially considering the momentum after yesterday’s NFP News. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
by SatoshiMultiframe
BTC 1H Analysis - Key Triggers Ahead | Day 34💀 Hey, how's it going ? Come over here — Satoshi got something for you! ⏰ We’re analyzing BTC on the 1-hour timeframe timeframe. 👀 On the 1H timeframe for Bitcoin, we can see that after yesterday’s NFP news, Bitcoin moved toward its resistance levels but then faced a very strong rejection. Personally, I expected some big green candles after that news. Right now, Bitcoin is consolidating, and the top and bottom of this range should be considered as breakout zones. ⚙️ The key RSI levels for Bitcoin are around 42 and 53. Once RSI breaks out of this range, Bitcoin can start its new move following the impacts of yesterday. 🕯 The size and volume of the red candles after the news increased sharply, and with one strong selling-pressure candle, the price dropped from the top of the range to the bottom. 💵📊 On the 1H timeframe for USDT.D, we can see that after yesterday’s news it had a very strong reaction from its support area and, with one massive hourly whale candle, pushed up toward its resistance at 4.49%. From there, it got rejected with several red candles and formed a higher low compared to its previous bottom. Keep in mind that if 4.49% is broken, Bitcoin could go into a deeper correction. 🔔 The alert zones for Bitcoin are the top and bottom of this range, which can give us entry signals. Our long alert zone is at 11,600$, and if this level breaks, Bitcoin could move higher. On the other hand, 11,056$ is our short alert zone, and with a breakdown of this level and selling pressure, Bitcoin could push toward lower levels. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
by SatoshiMultiframe
5 Elements of the Best Key Level in Forex, Gold Trading What are the best key levels to trade? This year I analyzed more than 1500 key structures on Forex, Gold, Crypto and Indexes. In the today's article, I prepared for you a list of 5 elements of a perfect support and resistance for trading. As always, remember that the best key levels are always on a daily time frame . So all the structures that we will discuss will be strictly on a daily . Also, all the structures that I analyzed and traded are available on my TradingView page, so you can back test them by your own. 1. Clear historical significance The structure that you spotted should act as a significant historical support or resistance. Here are the important historical support and resistance that I spotted on USDCAD on a daily time frame. 2. Psychological significance The structure that you identified should match with round numbers. All the structures that we spotted on USDCAD match with psychological numbers. 3. Confluence with other technical tools The best structure should align with other trading tools such as trend lines or Fibonacci levels , strengthening its significance. After adding fibonacci levels and a significant falling trend line on the chart, the confluence was found in Resistance 6, Resistance 3, Resistance 2, Resistance 1, Support 2. Other structure does not match with technical tolls. 4. Volume The level experiences high trading volumes, indicating strong participation and interest from market participants, especially smart money. All the structures that we underlined show significant volume spikes. By volume spike, I mean a volume being higher than the average volume - a blue curve on volume. 5. Multiple touches The more, the better. There are numerous instances where price has respected and reacted to the structure, confirming its strength (at least 2). Only these 3 structures were confirmed by the multiple touches. These resistances will be considered the strongest ones. That checklist will help you to identify the most significant structures from where you will be able to catch impulsive movement and make nice profits. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
7
Sp500 4H Trading Outlook for the Upcoming Week In this series of analyses, we review trading perspectives and short-term outlooks. As can be seen, in each analysis there is a key support/resistance zone near the current price of the asset. The market’s reaction to—or breakout from—this zone will determine the next price movement toward the specified levels. Important Note: The purpose of these trading outlooks is to highlight key levels ahead of the price and the market’s potential reactions to them. The analyses provided are by no means trading signals!
VANTAGE:SP500
by esmaeilesmaeilzade_fx
USDCHF 4HTrading Outlook for the Upcoming Week In this series of analyses, we review trading perspectives and short-term outlooks. As can be seen, in each analysis there is a key support/resistance zone near the current price of the asset. The market’s reaction to—or breakout from—this zone will determine the next price movement toward the specified levels. Important Note: The purpose of these trading outlooks is to highlight key levels ahead of the price and the market’s potential reactions to them. The analyses provided are by no means trading signals!
by esmaeilesmaeilzade_fx
USDCAD 4HTrading Outlook for the Upcoming Week In this series of analyses, we review trading perspectives and short-term outlooks. As can be seen, in each analysis there is a key support/resistance zone near the current price of the asset. The market’s reaction to—or breakout from—this zone will determine the next price movement toward the specified levels. Important Note: The purpose of these trading outlooks is to highlight key levels ahead of the price and the market’s potential reactions to them. The analyses provided are by no means trading signals!
by esmaeilesmaeilzade_fx
USDJPY 4H Trading Outlook for the Upcoming Week In this series of analyses, we review trading perspectives and short-term outlooks. As can be seen, in each analysis there is a key support/resistance zone near the current price of the asset. The market’s reaction to—or breakout from—this zone will determine the next price movement toward the specified levels. Important Note: The purpose of these trading outlooks is to highlight key levels ahead of the price and the market’s potential reactions to them. The analyses provided are by no means trading signals!
by esmaeilesmaeilzade_fx
EURUSD 4H Trading Outlook for the Upcoming Week In this series of analyses, we review trading perspectives and short-term outlooks. As can be seen, in each analysis there is a key support/resistance zone near the current price of the asset. The market’s reaction to—or breakout from—this zone will determine the next price movement toward the specified levels. Important Note: The purpose of these trading outlooks is to highlight key levels ahead of the price and the market’s potential reactions to them. The analyses provided are by no means trading signals!
by esmaeilesmaeilzade_fx