Hello, let's analyze today's gold price! In the chart, although gold on Friday had a strong recovery of nearly 300 pips, in the long term it is still in a downtrend with the price channel remaining stable. Regarding the target and upcoming direction: From technical analysis, I expect the price to decrease more after the adjustment reaches the upper limit of the...
Price is moving in the range between 49600 to 50200 for the past few days. 50000 is the psychological level. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 50020. Stop Loss : 49920. Targets : 50100, 50180, 50260, 50320 and 50460. Sell below : 49780. Stop Loss : 49860. Targets : 49700 ,49620,49540, 49460 and 49340. Check the live...
Gold continued to fluctuate this week, rebounding from Monday to Wednesday and falling back on Thursday, but the market was not sustainable and the 2300 mark could not be effectively broken. Next week, we need to prevent the bulls from making a comeback. The continuous rise in gold prices on Friday consolidated the upward trend. At present, gold is still hovering...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (14-06-2024) Current price- 2320 "if Price stay below 2339, then next target is 2305 and 2285 and above that 2362. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
FOR LEARNING PURPOSE INDIAN ENERGY EXCHANGE - The current price of IEX is 179.65 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 high in 2 years and coming out from a long base of 2 year 3. It is showing better relative strength as it stood strong in...
As per the Stoplosses and liquidity which is present above, the market will be bullish .. As mostly Stoplosses and at above levels as market was making lower lowes and lower lows...
1. Stock has given Inverse Head & Shoulder (IH&S) Breakout after 8.5 year in the month of May 2024 at level of 80 with huge volume. Thereafter stock has retest the breakout and reverse from there and made new High. Clear breakout on seen on Monthly Chart. 2. Stock is positive on RS and H/M parameter. 3. Keep Stoploss of 82 and ride to pattern target of...
My View On This Script Bullish. This Stock given Strong Breakout With Good Volume. ENTRY :111.20 Target 1:120.50 Target 2:132.00 Stoploss:104.50 Sector : HOSPITALITY Industry : RESTAURANTS Category : NIFTYSMALLCAP
VPA = Volume Price Analysis I have highlighted the VPA bottom concepts and applied them to moving average supports. Bullish signals on multiple time frames. Betting on a big move this week so hopefully we start the big moves above monthly resistances. NFA - its a look into my TA. Fibs confirm 340 target
Last week we observed that US inflation indicators showed signs of cooling down. - Wednesday's CPI dropped from 3.45 to 3.3% - PPI index decreased -0.2% Inflation indicators decreased while economic indicators were negative - As the unemployment rate and unemployment benefit application rate increase This shows that the Fed's monetary policy is effectively...
GOLD SETUP TRADE WIH 1:3 RISK REWARD A good falling detected on GOLD It's showing a fall due to these reason 1. It's following THE 30 M 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...
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...
Market can be volatile or trendy. Based on its opening. 1. Flat open below 50200 will be strong trend for bears will try to accomplish 49200 300 levels. 2. Gap up above 50200 will be sideways to bullish can achieve levels 50500 least. If momentum is fast then can reach previous high. 3. Gap Down below 49000 is unexpected but can trigger panic. And well any...
𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝘀𝘁𝗼𝗰𝗸𝘀 𝘁𝗼 𝘄𝗮𝘁𝗰𝗵 𝗻𝗲𝘅𝘁 𝘄𝗲𝗲𝗸 𝟰. 𝗥𝗔𝗟𝗟𝗜𝗦𝗜𝗡𝗗𝗜𝗔 ➡️trendline breakout after consolidation
Overview & Observation: 1. 70% Fib support zone. 2. Good volume support 3. Breakout & Retest done. Trade Plan: 1. Eyeing 20% upside with 10% SL 2. RRR is okay, not great! - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a...
The stock tested it's ATH in January this year after 14 Years and then pulled back to previous support. Now with good volumes and strong weekly close it is getting ready to break this ATH zone. Entry would be day close above 275 (safer weekly close) for targets 289/300/315/335 This has long term potential of giving much more returns as well. Initial SL should...
Hello Everyone, i have brought a stock which has given breakout of triangle pattern with huge volume, and huge volume means breakout is going to sustain for sure. Stock name is Saksoft Ltd and it is engaged in providing business intelligence and information management solutions predominantly to mid-tier companies based out of USA and UK. It was established in...
Since its IPO back in Nov'21, POLICYBZR has gone through price discovery phase and formed beautiful rounding bottom pattern. On daily TF, this has formed a beautiful range which indicate bullish momentum. At current price, risk in the stock is small with 200-250 points potential. Safe Entry@ 1400+ Risky Entry@ 1370 Support zone - 1300 Targets -...