Spot gold continued to show an adjustment trend this week due to factors such as profit-taking by bulls and the dissipation of geopolitical risks. The market price continued to fall, reaching the lowest level of 2277.18. Although the closely watched non-agricultural data was bullish for gold, the boost to gold's performance was limited. The price of gold shot up...
Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? ----------------------------------------------------------------------------------------------- Copper Outlook...
Divis lab trying to breakout of a rectangle. Looks like it will go above 4500. Strong confirmation of the same
Price is bearish as long as it is inside the channel. And the movement will also be a zig zag move. Pattern : Channel. Range : Medium. Trend strength : Normal. Buy Above : 49040. Stop Loss : 48960. Targets : 49120, 49200, 49280 and 49360. Sell below : 48920. Stop Loss : 49000. Targets : 48840 ,48760, 48700 and 48620. Check the live market updates. Hit the like...
This is my first tecnhical analysis done on IFRC charat for educational purpose only
Hello friends! GBP/USD is struggling to maintain its upward momentum and is trading below 1.2550 during the US session. Earlier in the day, disappointing April jobs reports from the US triggered a USD sell-off, pushing the pair to multi-week highs above 1.2600. However, it failed to hold this level and quickly fell to 1,254. On the other hand, the daily chart...
2345 Is Going to be the Zone. If Respected Then 2230 Zone or 2265 Zone could be tested in Coming Weeks.. If Broken Then 2395 Zone could be tested in Coming Weeks.. 3 Possible Scenarios Planned Out.. A - Green B - Yellow C - Red In terms of Probability B>C>A This Looks More Likely. Share Your Thoughts in Comments section.
I daily make educational content videos for swing / positional trading
CRYPTOCAP:BTC Risk-Managed Trading Beyond $64,500 Red Box Resistance: The crucial resistance level is at $64,500. For a bull scenario, we need to see a confirmed candle close above this level. Potential Breakout: If #BTCUSDT breaks above the red box, we could witness a rally toward a new all-time high. Risk Warning: Only enter high leverage positions after...
NIFTY Intraday Trade Setup For 6 May 2024 Sell_1- From 22650 Invalid-Above 22700 T- 22500 Sell_2- Below 22340 Invalid-Above 22390 T- 22110 21886 NIFTY has closed on a bearish note last week as Friday it ended on a bearish note and closed the week near lows. Last week we discussed that index broad range is 22800 and 21700 and still this weekly range is intact....
BANKNIFTY Intraday Trade Setup For 6 May 2024 Bullish-Above 49200 Invalid-Below 49090 T- 49725 Bearish-Below 48650 Invalid-Above 48760 T- 48100 47550 BANKNIFTY has closed with 1.5% gain last week, however both side moves were seen. Index has taken stiff resistance from psychological level 50k and corrected till previous hourly level 48700. Now possibility is...
Rejection from the current zones , VEDL will reach accumulation range of 360-370.Always have a SL with proper risk. Target min 2X within 1 year.
Alkem Lab Cmp 4904 dated 03-5-2024 1. Triangle Pattern 2. RSI reversal 3 Good 10% correction done from highs Buy above 4935 target 5025-5095-5220 SL 4760 Pattern target 5990 SL 4550 Ii is just a view, please trade at your own risk.
In charts price is simply going up and chances of cup height to see above next line in 1 or 2 years. Price is expected to fly high levels in May as per the price move. Trend looks extremely Bullish
@SANGHVI MOVERS Looks in good support zone (1280-1299) for upside 1400-1420 Keeping stoploss tight @1222
Short SBIN for a target of at least 8oo with negative divergence on MACD and price on ATR3.
VCP Breakout Setup RSI near 65 and rising Trading above EMA50 Breakout and retest Disc: for study, not a recommendation
Symbol - RAMCOCEM Ramco Cements is currently trading at 772 730 - 770 is a good support area for The Ramco Cements. I'm seeing a trading opportunity on buy side. Buying Ramco Cement Futures at CMP 772 I will be adding more if 745 comes & hold with SL of 730 Targets I'm expecting are 812 - 845 - 930 & beyond. Disclaimer - Do not consider this as a...