Knowledge and strategy OANDA:XAUUSD 👉On Tuesday, Gold price broke the range trade between the key 100-Daily Moving Average (DMA) at $1,952 and the mildly bullish 50 DMA at $1,932 to the downside after piercing through the latter on a daily closing basis. 👉The next relevant support aligns at the $1,916 level, which is the confluence of the 21 and 200 DMA....
Analysis and signals OANDA:XAUUSD 👉 This week, international gold prices increased continuously from $1,912.5 to $1,952 and closed at $1,939. 👉The reason why gold prices rose sharply this week was because the US labor market continued to show less positive signals. Specifically, although NFP EMPLOYMENT data in August reached 187,000 jobs, higher than the...
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. ...
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
MRPL | Breakout from accumulation zone (Box Breakout) - There is a decent INHS visual too. CMP : 44 (Dip till 40) SL : 36 Target : 63, 86 1:6 risk reward setup (first target)
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...