Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (17-04-2024) Current price- 2386 "if Price stay above 2378, then next target is 2395 and 2410 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...
Price was falling for few days, now it has broken the trend line after consolidation for some time. Pattern : Trend line. Range : Medium. Trend strength : Normal. Buy Above : 21160. Stop Loss : 21120. Targets : 21200, 22240 and 22300. Sell below : 21080. Stop Loss : 21120. Targets : 21040, 21000, 20960 and 20920. Expected expiry day range is 20900 to...
After experiencing a bottom-out recovery on Monday, a cross closing line appeared on Tuesday. Looking back at the trading trends in the past two days, the Asian market fell back, the European market stabilized, while the U.S. market rebounded after a second dip, rose further in late trading and broke through the high point of the Asian market. Based on this...
Clear divergence between price and oscillator. This is four hourly chart. stochiastic is in overslod condition. It is not essential that divergence only confirms buying immediately. The on going wave is C wave..which should consists on five waves, In daily time frame it is not visible. we will check hourly chart later.22137 is important level. As long it holds...
USOIL SWING TRADE Usoil 1hr Order Block This Order block is vimp because its 1 hr + 4Hr Demand Zone. At this level we can see some Liquidty pool. Here we can take trade with 5 min CHoCH. Follow for Daily Forex Update Note - Only for education purpose.
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.
here 2 nd wave is flat correction. It seems it has completed its 3rd wave and fourth wave has ended at the center line of the base channel. 4 th wave appears to be zigzag. Up side targets are shown in the chart. In the negative sentiment prevailing it is very tough to have positive side for hdfc bank. stop loss is must here though it is nota trading...
Gold prices continued to rise today due to increased demand for safe-haven assets amid escalating tensions between Iran and Israel. This has prompted investors to flock to the gold and USD markets to protect their assets. Precious metals are on the rise even as US economic indicators and the USD index increase, raising concerns that the US Federal Reserve may...
Huge support at 60-61k. BTC is being traded at major volumes at 60-61k. Support breakdown expected if it breaks 60k.
Fundamentaly company is good Cup & Handle Pattern BUY @1750, TARGES 2600 (50%) for educational only
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...
TATA MOTORS: Bullish - Bullish Pennant detected On the rise : A rising pennant has been detected and the price can go up around 1 108. Plus we can reach the Gap around 1 018. On the decline: However we can monitor the EMA.50 ( pink) at 954, and the EMA.200 around 775. Plus, for the purists of ICHIMOKU ( weekly) , we can go down to 843. Watch the divergence...
NSE:NIFTY as per EW on hourly charts is suggesting that terminal 5th pattern is ongoing. Short term correction is going on downside in form of wave 4 of Terminal pattern and then wave 5 can start which can be the final rally, you can also call it as a pre election rally before a major top is in place for 2024. A meaningful top can be form after summer solstice...
Symbol - DABUR Dabur is currently trading near support zone of 500 - 510. DABUR CMP - 506 I am initiating long positions in April Futures. My SL would be 498 & Targets would be 525 & 540 It may move slow but it should move up from here. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can...
Symbol - WIPRO Wipro Ltd is a global Information technology, consulting and business process services (BPS) company. It is the 4th largest Indian player in the global IT services industry behind TCS, Infosys and HCL Technologies. Wipro was in consolidation & accumulation phase from July 2022 to December 23. After that it broke out of this consolidation zone...
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
After giving breakout the stock retesting its level, if sustain we can see the further upmove in near future as mark in the chart
Symbol - BTCUSD Bitcoin has climbed higher in recent months on enthusiasm and demand generated by the nearly dozen spot bitcoin ETFs that were approved in January, as well as crypto's next 'halving' event and the prospect of Fed rate cuts this year. But Fed rate cut expectations have been dialed back significantly amid hotter-than-expected inflation prints,...