Strategy and signals OANDA:XAUUSD
✅As per our Technical Confluence indicator, the Gold Price floats within a $40 region multiple resistance area ahead of this week’s top-tier US inflation and employment clues.
✅That said, a convergence of the Pivot Point one-day R1 and the previous daily high guards the immediate recovery of the Gold Price near $1,928.
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HINDPETRO | Promising consolidation - Looks good for 50% - Big move above 232 zone.
Making of W pattern
Consolidating in Flag
CMP : 220
SL : 200 (Just for this position)
Target : 330
1:5 risk reward setup
RECLTD | Lets see if it is doubling this year, i see it is in expansion mode.
CMP : 132
SL : 110
Target : 167, 180, 220
Same time smaller time frame has - RSI positive divergence and previous week Hammer candle gives hope for short term 15% move
EXCELINDUS | Strong INHS pattern - Potentially 75% opportunity - Buy in dip.
CMP : 1066 (Dip : 1000, 960, 920)
SL : 800
Target : 1800
It may take few months to perform. Please alllow it to work for us.
JSWENERGY | Big channel / falling wedge breakout in weekly pattern. Any retracement to 70 level is a buying opportunity. Having excellent room almost 60% upside.
CMP : 78 (Dip upto 70)
SL : 60
Target : 95, 122
MEGH | Low beta stock - Looks good for 60%
I see RSI negative divergence but a strong demand zone is near by it could be an excellent buy on dip opportunity
CMP : 85 (Dip 75 & 70)
SL : 67
Target : 125
1:5+ risk reward setup
CANFINHOME | Looks bullish for 25% from here still
CMP : 540 (Dip 520, 480)
SL : 455
Target : 650
1:6+ risk reward from dip
Can buy 50% now, 30% at 520 if we are lucky and get 480 buy remaining 20% there
JSL | Long trading opportunity - Looks good for almost 76% - weekly chart and may take atleast few weeks to months to perform.
CMP : 74 (Dip till 70)
SL : 60
Target : 125
Almost 1:6 risk reward setup.
After breakout now retested the zone (Although the stock has fallen 9% today i see this as a retracement opportunity)
JUBILANT | Flag / Triangle breakout - Off to No mans land :)
CMP : 787 - Use any dips to buy.
Immediate target : 1000 which is 25% from current level.
I found this stock late after this breakout today, as i'm less focused with small caps. I see this is weak only below 620 level. So incase if any dip can buy at 755, 685, 620 levels.
The volume in this stock is...
