Last week we predicted that Gold can touch 2333$ on lower side. It actually touched 2332$ on lower side. We also predicted that Our #Gold Range Prediction from 20/05/2024 to 24/05/2024 is as under. Gold Spot : 2366$-2481$ Gold INR 728000- 74500 If break 73800 next move Upside If not break 73800 can bounce back Alerts ⚠️ Trade with stop loss It must be...
ZensarTech - Beautifully set horizontal line - Strong Breakout last month after earnings - Trading inside earnings candle - Pocket pivot volume candle on weekly
Rounding bottom pattern intact on weekly chart. Going to breakout soon. #texrail #banknifty #railwaystock
Bectorsfood - 6 months long base - Strong volumes breakout last month followed by Dry volume in last 3 weeks - Accumulation in process - ENtry can be triggered above 1320 lvl with swing low /5-6& as SL
The stock has been forming a beautiful cup and handle pattern on the daily time frame moroever since november 2021 It is a strong resistance at the 1710 levels which has been tested thrice as indicated by the green upmarks It has quite storng bullish momentum which can lead it to the 2500 in no time and quite reliable pattern The industry PE is around 21 and...
Ethereum ETH large parallel channel, the upper line is the top, the middle line is the oscillation, and the lower line is the bottom.
Nifty has been following and respecting this perfect parallel channel , it has taken a curcial support at the 21999 level and has rebounded sharply Moreover now with market sentiments being quite favourable and election results coming soon nifty can break this parallel channel 23025 is a crucial resistance which can be ripped apart soon and maybe halfway of...
Bnf will go down uptothe marked level and may go to 48 k again lets see i m weK at my SL
The chart highlights a support zone around 3239, reinforced by the 200 EMA . There is a resistance level around 3472.40, which the stock needs to break through for further upward momentum. The volume appears to be consolidating, which can be a precursor to a breakout. Increased volume during a breakout above resistance would further validate the bullish...
daily rsi is rising with an explode on directional index. buy for 20-25% upside with 7% sl.
Wipro is seen taking support at key area and several Buy calls for target of 650 to 700 in 1 yr looks good value buying now before its run up any time.
SCI Pattern: Triple top | Triangle pattern Looking good above 240. TGT 1: 260 TGT 2: 290 SL 215 RSI and MACD showing good movementum. No BUY/SELL recommendations, learning only. NSE:SCI Note: Earnings release in next 12 days, watch out carefully.
Stage-1 breakout after 23 months long base with decent volume, stock is undervalued. need to see how this is going to take shape in next 2-3 quarters.
Based on the current market situation and technical analysis, the strategy for gold trend next week can be as follows: 1. Short strategy Since gold has been strong recently and closed above $2414 on Friday, it may rebound to the $2420-2430 range after the opening next week. You can try to short in this range: Opening range: $2420-2430 Stop loss position: set near...
#M_M trading above Resistance of 2202 Next Resistance is at 2948 Support is at 1453.80 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
The Arbitrum Daily Chart underlines that price control was in bears' hand, as it failed to reach previous swing highs and decayed at a constant pace. Also, it has been stumbling below the 20-day EMA. However, the price structure was close to the demand area, where fresh buyers could enter. Moreover, the recent developments are also revving in the arbitrum, which...
FET/USDT situation, focusing on the potential retest levels due to the formation of a bearish divergence. #FET/USDT Analysis: Bearish Divergence Indicates Potential Retest Levels #Bearish Divergence Bearish divergence occurs when the price of an asset makes higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes lower highs. This...
#NEAR/USDT situation, focusing on the potential retest levels due to the formation of a bearish shark pattern: #NEAR/USDT Analysis: Bearish Shark Pattern Indicates Potential Retest Levels #Bearish Shark Pattern The bearish shark pattern is a harmonic pattern that signals a potential reversal or correction in the price of an asset. This pattern consists of five...