As of January 1, 2025, the Nifty 50 index closed at 23,742.90 points, marking a 0.41% increase from the previous session. This uptick was primarily driven by the automotive sector, with notable gains from Maruti Suzuki and Mahindra & Mahindra, following strong monthly sales figures. In 2024, the Nifty 50 achieved an annual gain of 8.8%, its ninth consecutive year of growth. However, it underperformed compared to global peers due to sluggish corporate earnings and significant foreign fund outflows. The index reached record highs in September but entered correction territory by November, influenced by record foreign selling in October and slowed earnings growth. Analysts anticipate that in 2025, the Nifty 50 may experience increased volatility, potentially ranging between 28,000 and 29,000 points. This projection is based on expected market fluctuations and mixed economic indicators. Overall, the Nifty 50's performance will likely be influenced by factors such as corporate earnings, foreign investment flows, and global economic conditions. Investors are advised to monitor these developments closely to make informed decisions. Recent Developments in Nifty 50 Performance
According to the XAU/USD (Gold Spot) chart I analyzed, I can see sequential patterns and structures that help in market analysis. There are several important elements visible that can indicate the market's direction: Harmonic Patterns: The chart shows harmonic patterns like Gartley or Bat, labeled as XABCD. These patterns often indicate areas where the market may pause its movement and reverse direction. Triangle and Timing: The chart displays a symmetrical triangle pattern, which usually signals that the market is preparing for a breakout in either direction. Here's what to watch for: Bullish Breakout: If the market breaks above the upper line of the triangle, it suggests a continuation of the upward movement. Bearish Breakout: If the market breaks below the lower line of the triangle, it indicates a downward movement. Fibonacci Levels: The Fibonacci levels marked on the chart provide critical zones of resistance and support. The market is currently near the 2,623 level, which appears to be a resistance zone. If this level is broken, it could trigger a strong upward movement. Downward Projections: The arrows on the chart highlight potential downward moves. If a drop occurs, the market may target the support level around 2,608 or even lower. Conclusion: If you're anticipating a bullish move, wait for a breakout above the upper triangle line. If you expect a bearish scenario, monitor the support level at 2,608 and watch for any further downward continuation.
hello my friends its seems to get at least 2 tp on this stage make sure you manage your money and set your stop loss safe wish you all money and luck. Danial
SL 0.8336 TP 0.8091 R:R 1:3 I'm putting some sells here because on the higher timeframe we still on a downtrend and the price action is respecting the resistance. For stronger confirmation wait till it breaks the support level and then the retest. Overall I think this is a good setup
BINANCE:AXSUSDT #AXS / USDT Entry ( 4.500- 6.300) SL 3D candle close below 4.269 T1 10.000 T2 22.000 T3 37.000 T4 44.000 T5 60.000 3 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high. ______________________________________________________________ Golden Advices. ******************** * collect the coin slowly in the entry range. * Please calculate your losses before the entry. * Do not enter any trade you find it not suitable for you. * No FOMO - No Rush , it is a long journey. Useful Tags. **************** My total posts https://www.tradingview.com/ideas/crypto_alphabit/ 1Million Journey https://www.tradingview.com/ideas/1m_journey/ https://www.tradingview.com/ideas/1_million_journey/ ********************************************************************************************** #Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX #REZ #DUSK #BNX #SPELL #POWR #JOE #TIA #TFUEL #HOT #AVAX #WAXP #OGN #AXS
Type 1 Bullish Gartley on ICP looking for the Type 2 return where there is a potential Bullish Butterfly forming in the PRZ
Hey Realistic Traders, Is FX:GBPUSD Downtrend Here to Say? Let's dive in On the H4 timeframe, GBP/USD has consistently traded below the EMA-200 line, facing multiple rejections at this key level. We observed more than three attempts where the price tried to breach the EMA-200 but failed, reinforcing the continuation of the downtrend. Adding to this bearish outlook, a breakout from a rising wedge and symmetrical pattern has occurred, both of which typically signal strong bearish momentum. Furthermore, the MACD indicator has formed a bearish crossover, providing additional confirmation of GBP/USD's downward trajectory. Given these strong technical signals, I foresee a downward movement toward the target at Target 1.23640. However, this bearish outlook hinges on the price maintaining below the critical stop-loss level at 1.26070. Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. "Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on GBPUSD".
Wow what a year it has been! It's one thing for Tradingview to give us our stats, but it's an entirely different animal when looking at my individual trades head on like this. I can see where I over traded and when/where I made some much needed tweaks. The tweaks that were made we're so much my strategy as much as it was mindset - taking fewer trades and letting them run longer. On average 2-4 hours. I learned so many lessons the main one being less truly is more . So often I would struggle looking at my losing trades and really reviewing my mistakes. Looking at my metrics on my Topstep account allowed me to refine my mindset. I knew when my most profitable days were/are, how long I should hold my trades to allow them to play out to full TP, and arguable the most important stat - when to stay out of the market. By analyzing just these three metrics I was able to end the year in profit and believe it or not I was able to finish 4 out of 6 months in profit and get funded/pass my trading combine/evaluation. This isn't the first time I've been funded. However this is the first time and longest time I have kept my account and the closest I have gotten to a payout. My trading goals for 2025 is to of course get 1 payout per month and earn 4 more funded Topstep funded accounts. This will max out the number of accounts I can have with Topstep. The best part is I can put all 5 accounts on their integrated trade copier. I decree and declare over myself that 2025 is going to be my best, most profitable, and most prosperous year to date - IN JESUS NAME! AMEN!
Nifty weekly exp (23950) Option = call Nifty -23810 sustain strong uptrend Target ?- 23982 This only educational purposes
How to scan to find potential longs on the LTF Par system.