Hello traders, Hope you all captured the down move we shared a couple of days ago. We are short again after a pullback today(please refer our today's post), and we have explained the corrective wave count (WXYXZ) in this chart, so please have a look. The price is rejecting 61.8% of previous swing highs, and we expect it to continue the downtrend tomorrow(could...
At the start of today's trading session, gold prices continue to rise, driven by strong investor demand. Additionally, the precious metals market is bolstered by a weakening USD and a slight increase in crude oil prices. At the time of writing, gold is hovering around $2,332, up $6 from the same time in the previous session. The gold market is currently in a...
#IDFC First Bank : 01 Jul 2024 "Life is Simple, we make it complicated, So is Trading. Discover Simple, Yet POWERFUL IDEAS." In Play : HH : HL Summary • CMP : 82 • Clean Price Action with Vol favor's BULLS FOOT PRINT • Nice CONSOLIDATION of around 8-10 months • Trading right AROUNG VP mountains - ATH : 100.70 Conclusion • CMP 82 • Looks good for going NORTH •...
Price was moving up with steady strength for few days and now it is at the important zone 24000. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 24020. Stop Loss : 23980. Targets : 24060, 24100, 24160 and 24200. Sell below : 23920. Stop Loss : 23960. Targets : 23880, 23840, 23800 and 23760. Check the live market updates. Hit...
The slight rise in the US Dollar (USD) has led the USD Index (DXY) to register a modest gain, remaining close to the 106.00 mark at the start of the week. However, this modest increase in the greenback has caused the EUR/USD pair to lose some of its previous strong gains, falling back to near a multi-day high around 1.0780. In the short term, the recent rate cut...
Today, the spot price of gold stands at around $2,327 per ounce, a slight increase of $1 per ounce compared to the end of last week. A survey of 12 analysts reveals that 4 experts (33%) predict a rise in gold prices, 2 analysts foresee a decrease, and the remaining 6 expect prices to remain stable. Currently, gold is trading within a relatively narrow range and...
Topic- Nifty- IT or CNXIT Neutral Levels and Zone Tomorrow's movement Prediction of Nifty It NIFTY_IT appears to be in uptrend. But this trend seems to be weakening. Tomorrow's movement Prediction of Nifty It NIFTY_IT appears to be moving in a flat line. No recent bulk deals happened to affect the stock trend.
Topic- RELIANCE Neutral Levels and Zone Tomorrow's movement Prediction of Reliance Industries Limited RELIANCE appears to be in uptrend. But this trend seems to be weakening. Price is above an important level of 3001.53 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Reliance...
Topic- ICICIBANK Neutral Levels and Zone Tomorrow's movement Prediction of ICICI Bank Limited ICICIBANK appears to be in uptrend. And this trend seems to be continuing further. Price is above an important level of 1178.18 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of ICICI Bank...
Topic- HDFCBANK Neutral Levels and Zone Tomorrow's movement Prediction of HDFC Bank Limited HDFCBANK appears to be in uptrend. And this trend seems to be continuing further. Tomorrow's movement Prediction of HDFC Bank Limited HDFCBANK made a big move recently. This generally happens when there is a positive sentiment change, or a block deal went through. There...
USDJPY stays mildly bid around 161.00 early Monday as traders await the key US data/events scheduled for release during the week. In doing so, the Yen pair defends the previous three-week uptrend while approaching the highest level since 1986, marked the last week, by being within a fortnight-long bullish trend channel. It’s worth noting, however, that the nearly...
Topic- Bank-Nifty Neutral Levels and Zone BANKNIFTY (target) price & Options chain analysis (Nifty Bank) Option chain analysis (BANKNIFTY) 03 Wed July Expiry BANKNIFTY (target) price & Options chain analysis (Nifty Bank) Option chain analysis (BANKNIFTY) 03 Wed July Expiry Which Call CE or PUT PE options to buy or sell in Nifty Bank BANKNIFTY BANKNIFTY...
Bank Nifty is in consolidation range, with no upcomming events to trigger a rally, safe to sell 53600 Call at 60 - 62, a good 1000 Points away Naked Sell , if one wants to hedge sell 1/2 qty put of same price, or buy 1/2 value call for same expiry
Topic- Nifty-50 Neutral Levels and Zone Moving Averages for Nifty 50 5Day Average: 23836.61 12Day Average: 23626.04 20Day Average: 23322.38 50Day Average: 22801.6 100Day Average: 22482.15 150Day Average: 22056.3 200Day Average: 21439.61 NIFTY_50 Indicators & signals Indicator MACD (12,26,9) 23628.98, 23293.83, 283.85 Indicator MACD is in positive...
Topic- SENSEX Neutral Levels and Zone SENSEX (79,476) SENSEX is currently in Positive trend. If you are holding long positions then continue to hold with daily closing stoploss of 78393. Fresh short position can be initiated if SENSEX closes below 78393 levels. SENSEX Support 79,112 - 78,747 - 78,522 SENSEX Resistance 79,701 - 79,926 - 80,290
Topic- CNXFINANCE Neutral Levels and Zone Nifty Fin Service Tomorrow's Movement Prediction Forecast & share price targets for tomorrow -NIFTY_FIN_SERVICE Nifty Fin Service stock price movement predictions for tomorrow,weekly,monthly -NSE Stock Exchange NSE Stock NIFTY_FIN_SERVICE - Share Nifty Fin Service trades in NSE Tomorrow's movement Prediction of Nifty...
Deepak Nitrite has completed the Inverted Head and Shoulder pattern today with a potential upside of 18% as shown in the chart. This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision.
Just today JM Financial gave a break out it's important resistance and gave closing above resistance zone.