Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (18-04-2024) Current price- 2382 "if Price stay above 2376, then next target is 2392 and 2400 and below that 2365. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Symbol - BANKNIFTY BANKNIFTY gave a breakout of ATH & touched 49000 level & then exhibited some profit booking due to global news flow. It is currently trading at 47335 which is a good support area. I think BN will take support at these levels & will show a reversal from here. Hence I am creating long positions in BN futures at CMP 47335. I will add more...
Hello everyone, after a short price drop last night, gold has begun its journey to find a new peak. In today's trading session, gold is attempting to overcome the $2,400 resistance level, supported by renewed weakness in the US Dollar and persistently low US Treasury yields, which creates conditions for this unprofitable precious metal. Gold may continue to be...
From the daily chart of gold, a K-line combination similar to the "evening star" appeared near the historical high, suggesting that the gold price has initially peaked, and we need to beware of the possibility of a decline or a deep correction in the market outlook. Since gold showed an uptrend pattern, we have experienced multiple corrections. Most adjustments...
BTC : BITCOIN: : FLAG + Double Top detected The Wolf of Zurich has detected 2 chartist famous patterns : 1st is a "Double Top" , which gives a Bearish signal , and the price can reach : 58 000 - 56 500 The second signal is Bullish . I detected an "ascending FLAG" , which is a Bullish signal; And the the price can reach 71 200 - 73 00 Watch the EMA.200 Daily...
The Australian Dollar traded around 0.6440 on Thursday. The 14-day Relative Strength Index (RSI) suggests a bearish sentiment for the AUD/USD pair as it remains below the 50 level. Key resistance for the pair is anticipated at the 23.6% Fibonacci retracement level of 0.6449, coinciding with the significant level of 0.6450. A breach above this level could...
Hello everyone, in the early hours of the weekend trading session on Friday, gold prices recorded a $35 increase, surpassing the $2400 resistance level. However, this upward momentum did not last and the price has since dropped, stabilizing at around $2,390 at press time. This fluctuation is the second time gold prices have increased sharply and then decreased,...
Yesterday, gold fell as expected. The price showed a downward trend twice after hitting a maximum of 2395. In late trading, it fell all the way to our expected first target of 2355. The current disk shows that it has plummeted by $100 since the high of 2431, and short-term bulls are still trying to regain lost ground. However, the trend line since the 2430 upward...
Any hourly closing above 21911 then upward momentum 📈 to price level marked on the chart Closing below 21804 📉 📉 in any 1hr 🕯 then more corrections is possible 21804 --- 21910 ( No trade zone ) sideways Disclaimer: It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
We may see some selling from 22300 - 22290 for 22250 and lower marked levels on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Symbol - HINDUNILVR Hindustan Unilever is currently trading at 2185. 2185-2140 is a good support area for Hindustan Unilever. I'm seeing a trading opportunity on buy side. Buying Hindustan Unilever Futures at CMP 2185 I will be adding more if 2150 - 2140 comes & hold with SL of 2090. Targets I'm expecting are 2265 - 2380 & beyond. Disclaimer - Do not...
Soalara active pharma Monthly BO done nad heading towards 750 and more and Hold 2 to 3 yeras it can create wealth for u
Don't get wrecked! #BITCOIN Scalping with high leverages during times like these is a risky game. Market makers are toying with global sentiments, especially with the Big #BitcoinHalving just around the corner. Cut through the noise; stick with spot trading exclusively. Stay safe, earn safe.
Gold witnessed some decent profit booking at end of the week. Keeping it simple 2320 is going to be the Zone. If respected, We may see retest of 2400 zone If Not, then 2275 may provide some support. Although Stronger Support Zone happens to be around 2220 2200 levels. Rest of the analysis in coming days.
it is forming cup and handle and facing resistance at all time high level. if we are able to get monthly closing then we may expect BO level retest and then it may act as good support. high hopes
Hello dear friends! During the first Asian trading session on Thursday, the GBP/USD pair traded light at 1.2450. The weakening of inflation in the UK has stimulated speculation that the Bank of England (BoE) may cut interest rates in the near term, putting downward pressure on the British Pound (GBP) against the Dollar. US Dollar (USD). Investors are eyeing key...
BNIFTY : As told earlier took long call at 47150-its 50DEMA for a target of 47500-600+ with a SL of 47100(For educational purpose only)
Nifty 22280 - Has resistance around 22308. We expect a reversal to close down around 22200 which is the pain area.