HEG Ltd has confirmed the Cup and Handle pattern with a decisive breakout supported by strong volume, indicating bullish momentum. With the stock currently trading near ₹600, the technical projection suggests a potential upside target of ₹900. Traders may consider this as a favorable entry point, keeping an eye on volume sustainability and key support levels for risk management. I'm not a SEBI-registered analyst. All posts and levels shared are just for educational purposes. I'm not responsible for any losses or profits. No claims, all rights reserved
Chinese consumer names caught a major bump today, with a broad group each up around 10% Atour Lifestyle Holdings operates specialty hotel chains with "a personalized immersive shopping destination that guides guests from discovery to purchase". I bought the May '25 $40 calls for around $1.30 each, looking for a continuation of the breakout. I think these are the kind of pitches we want to be swinging at right now. What about you?
BOBLS chart demonstrate very healthy to trade in short term and has it potential in the long run I think. DYOR
Key Levels to Watch 1. Resistance Levels: * $390 (2nd Call Wall): A significant gamma-based resistance zone where market-makers may adjust their hedging activity, potentially capping upside momentum. * $400 (Next Key Level): Breaking above $390 with strong volume could lead to a rally toward $400, supported by bullish momentum. 2. Support Levels: * $380 (Gamma Support): Critical support level identified by the GEX indicator. A bounce from here would align with institutional activity. * $370: If $380 breaks, $370 could be the next target, acting as the secondary gamma-supported level. Scenarios and Trade Ideas 1. Bullish Scenario: * Look for a breakout above $390, confirmed by increased volume and bullish MACD/RSI signals. * Entry Point: $391 with a target of $400 and $410. * Stop-Loss: Below $389 to minimize risk. * Rationale: Gamma unwind above $390 could trigger additional upside momentum, supported by the trendline. 2. Bearish Scenario: * Watch for a breakdown below $380, accompanied by high selling volume and bearish indicators. * Entry Point: $379 with a target of $370. * Stop-Loss: Above $382. * Rationale: Breaking gamma support at $380 could lead to a quick drop toward $370, reflecting market-maker adjustments. Intraday Plan 1. Morning: * Monitor the open for directionality. Look for any gap-up or gap-down behavior near $390 or $380 to confirm early momentum. * Bullish: If price holds above $390 with rising volume, consider a long trade targeting $400. * Bearish: If price fails to hold $390, short to $380 with tight stops. 2. Midday Consolidation: * Expect price to hover near key gamma levels ($390 or $380). Scalping opportunities may arise within these zones. * Use MACD and RSI to confirm entries during consolidation phases. 3. Afternoon Directional Move: * Watch for potential breakouts or breakdowns from $390 or $380 as traders position for the next session. * Align trades with GEX indicator levels for precision. Key Indicators 1. Gamma Exposure (GEX): * Use $390 and $380 to gauge where institutional hedging may cause reversals or consolidations. * Anticipate volatility near these levels. 2. Trendlines: * Confirm bullish or bearish bias based on the price's respect or breach of trendlines. 3. MACD/RSI: * Use MACD crossovers and RSI readings to validate momentum shifts around gamma zones. Summary For tomorrow's trading session, focus on price action near $390 (GEX Gamma key resistance) and $380 (GEX Gamma key support). Leverage gamma-based levels for precision entries and exits, and align with trendline and indicator confirmations for a well-rounded trading strategy. Keep risk management at the forefront and be prepared for high volatility at gamma pivot points. Disclaimer This analysis is for informational purposes only and not financial advice. Please consult your financial advisor or conduct your own research before trading.
Kein Grund zur Sorge! Auch wenn aktuell jeder heftige Abverkauf bei Bitcoin stinknormal wäre, werde ich hier auf dem Preisniveau von $93.130 eine Long-Position eröffnen. Warum werde ich Long gehen? Bitcoin hat in der Vergangenheit auf bullishe und auch bearishe Patterns gut reagiert. Auf dem Preislevel von $93.130 würde sich ein weiteres bullishes Bat-Pattern bilden. Dieses könnte uns zumindest wieder in Richtung der $101.000 bringen. Wo liegt hier die Invalidierung und warum? Wenn Bitcoin die C-Welle des potenziellen bullishen Bats durchbricht, wird das Pattern invalidiert. Sollte das passieren, werde ich meine Limit-Order stornieren und den Markt komplett neu bewerten. Weitere Updates folgen!
El Salvador is reportedly scaling back its Bitcoin mandate in exchange for a $1.3 billion loan agreement with the International Monetary Fund (IMF)
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