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...
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...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (02-07-2024) Current price- 2323 "if Price stay above 2312, then next target is 2335 and 2352 and below that 2305. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
#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 •...
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...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
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...
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.
#Bitcoin Update on 01.07.2024 A.O.A And Good Morning To All Brother and Sisters #Bitcoin looks Like In Good Power. But Just Now We Are On Important Resistance. Here We Have Resistance of Last Wave, Daily and 4H Resistance. If #Bitcoin Break This Point then We can See A Good Rally. Next Resistance after This Is 64600(Yellow Area). #ALTCOINS? for Me Its Too...
GOLD SETUP TRADE WIH 1:8 RISK REWARD A good falling detected on GOLD It's showing a fall due to these reason 1. It's following THE 1H trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram Follow for more GOLD SETUP TRADE...
Just today JM Financial gave a break out it's important resistance and gave closing above resistance zone.
Price has taken support from 52000, but still it has to gain strength to move up. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 52120. Stop Loss : 52020. Targets : 52200, 52280, 52400, 52480 and 52560. Sell below : 51900. Stop Loss : 51980. Targets : 51820 ,51760, 51640, 51560 and 51480. Check the live market updates. Hit the...
Nifty will be gap up opening in today's session. After opening nifty sustain above 24160 level and then possible upside rally up to 24280 level in today's session. in case nifty trades below 24100 level then the downside target can go up to the 23980 level.
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
NSE:INFY Analysis on a Daily Timeframe! Double Bottom Pattern formation in Infosys Ltd! Double Bottom Pattern/ W Pattern Formation with RSI Divergence! Analysis: As we can see in the chart NSE:INFY started falling down from Feb 2024. It was in clear downtrend. After that it has made a double bottom pattern but it's second bottom is lower than its first...
LTTS- Cup Pattern formation Entry ~5000-5050 (Candle Close), SL 4775 (Candle Close) Target 1: 5400-5450 Target 2: 5800-5900 Disclaimer: Study only for Educational Purpose. Remember: My Money, My Risk, My Reward, My Responsibility. Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.
Take entry at cmp 99 Target 137 Next average at 78Rs This counter is ready to test its life high of 137 so be invested and hold tightly