Fundamentally, gold is under dual pressure from both the US and China, which are noted as two very important fundamental impacts on gold prices. On the one hand, gold prices are under pressure because US macro data boosts market sentiment in favor of the possibility that the Fed will have to keep interest rates high for a longer period of time, which is beneficial...
Traders! Gold is making new lows and there are a number of reasons for that. Price after Friday's sell-off is returning to the downtrend boundary, which determines our medium-term outlook. So why is gold falling? The market is negatively affected by the strengthening of the dollar, due to positive Nonfarm Payrolls for the US market, which usually shapes the...
Hello Trading community, mates and friends sharing today a bullish breakout on Monthly time frame for Samvardhana motherson a Great Auto ancillary company so as we can see on provided chart that share price of company breaks a rock strong 6.5 years old resistance and succeeded to gives a monthly candle close above that resistance and opned a new space for price...
Good morning, friends! 🌺🍬 Here are the directions for June 10th: There are no significant changes in the global market. It is still maintaining a moderately bullish sentiment based on the Dow Jones, while our local market also maintains a bullish trend. Today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a...
BLUEDART has broken its mid term resistance at 7400 and now headed to its long term resistance at 7900-8000. If this manages to close above 7900 (8000+ for safe traders), it can witness good upside momentum. 7400 level will become support area (SL). 9000-9100 is target 1. Once this target is reached, will post an update. Thanks Piyush Gupta Learn & Earn
The analysis is done on Daily TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. One should also look at its peers in Pharma sector for more opportunities - check below charts - #CIPLA #STAR #SANOFI The above analysis is purely for educational purpose. Traders must do their own...
SYNGENE INTERNATIONAL LTD Key highlights: 💡⚡ 📈 On 1 Day Time Frame Stock Showing Reversal of Broadening Wedge Pattern. 📈 It can give movement upto the Reversal Final target of Above 768+. 📈 There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 874+. 📈 Can Go Long in this...
Friday's Sell Off Definitely Suggests that Neither Central Banks nor China nor any other retailer is interested in buying Gold at such high valuation. Picture is getting Clearer. One May look for Selling Opportunity around the Supply Zone. Gold looks set to test 2200 Zone. Bullishness Only above 2380. Below 2380, Bears are going to be under Control. Bulls...
Apollo Hospital Cmp 6014 dated 7-6-2024 1. Trendline BO @ 6000 (done) Buy @ 6035 target 6085-6150-6200-6250-6300-6350 SL 5900 It is just a view, please trade at your own risk.
Current Position: The Nifty 50 index is currently at the upper boundary of the uptrend channel. This is typically a resistance area where prices may face selling pressure. Possible Pullback: Given the recent touch of the upper trend line, a short-term pullback to the middle or lower part of the channel is plausible. This would align with the previous patterns...
*Next Big Theme for the coming Decade will be Water Conservation (management of drinking water, waste water treatment, industrial water treatment and desalination plants)* NOTE - Ministry of Jal Shakti allocated INR 97,278 Crores (USD 11.86 Billion) in 2023-24. Market Drivers in Asia Pacific: 1. The global water market is expected to see opportunities driven...
FOR LEARNING PURPOSE MUTHOOT FINANCE LTD - The current price of MUTHOOT FINANCE is 1773.15 rupees I am going to buy this stock because of the reasons as follows- 1. Its coming out from a good consolidation base 2. Its making a new ATH and breaking the resistance of 2.5 years 3. It is showing better relative strength as it stood strong in...
I will not say much, but if you see the current market them the bear will continue in the market, So sell gold.
Topic - HDFCBANK Neutral Levels and Zone Tomorrow's movement Prediction of HDFC Bank Limited HDFCBANK appears to be in uptrend. But this trend seems to be weakening. Price is above an important level of 1535.09 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of HDFC Bank Limited...
Topic - KOTAKBANK Neutral Levels and Zone Tomorrow's movement Prediction of Kotak Mahindra Bank Limited KOTAKBANK appears to be in uptrend. But this trend seems to be weakening. Price is above an important level of 1711.66 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Kotak...
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 2897.2 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Reliance...
Topic - SENSEX Neutral Levels and Zone Tomorrow's movement Prediction of BSE SENSEX SENSEX appears to be in downtrend. But this trend seems to be weakening. Price is above an important level of 31690.52 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of BSE SENSEX SENSEX appears to be...
Topic - SBIN Neutral Levels and Zone Tomorrow's movement Prediction of State Bank Of India SBIN appears to be in uptrend. And this trend seems to be continuing further. Price is above an important level of 823.97 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of State Bank Of India...