Strong China data and a clear upside break of the 10-day SMA allow AUDUSD buyers to prod the resistance line of a five-week-old descending triangle on early Friday. Adding credence to the Aussie pair’s upside bias is the upward-sloping RSI (14) line, not overbought, and the bullish MACD signals. With this, the risk-barometer pair is likely to cross the immediate...
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 Level. And this rally can extend for another 400 points if it gives breakout of 46550 level. Any Major downside only expected in case banknifty starts trading below 45950 level.
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
#RML trading above Resistance of 696 Next Resistance is at 852 Support is at 443 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
EICHER MOTORS LTD Key highlights: 💡⚡ 📊On 1Day Time Frame Stock Showing Reversal of Ascending Triangle Pattern. 📊 It can give movement upto the Reversal target of Above 3460+. 📊There have chances of Breakout of Resistance level too. 📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 3740+. 📊 Can Go Long in this stock by placing...
Dhampur sugar has given a breakout from strong supply zone of 280-290. A closing above 300 today will take this stock to levels of 350, 380 and ATH++. However, this breakout might be news based and could fail as well. Commodity stocks have added risk of being extremely volatile. Have strict SL in these kind of stocks and book quick profits.
The chart is self-explanatory. upside potential > 18% TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
L&T TECHNOLOGY SERVICES LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 5040+. ✅Can Go Long in this stock by placing a stop loss below 4575-.
EURUSD braces for the first weekly gain in nine as markets await the key European Central Bank (ECB) Interest Rate announcement. In doing so, the Euro pair extends the previous week’s rebound from the 78.6% Fibonacci retracement of March-July upside, near 1.0680 by the press time. The corrective bounce also gains support from a looming bull cross on the MACD...
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 Level. And this rally can extend for another 400 points if it gives breakout of 46550 level. Any Major downside only expected in case banknifty starts trading below 45950 level. also possible Reversal Downside...
Gold Price again prods the 200-day Exponential Moving Average (EMA) support, after failing to break the same during late August, within a 2.5-month-old falling wedge bullish chart formation. The sluggish MACD signals and a downward-sloping RSI (14), not oversold, also favor the XAUUSD bears in breaking the 200-EMA support of around $1,910, which in turn will allow...
TITAN COMPANY LTD Key highlights: 💡⚡ 📈On 1Day Time Frame Stock Showing Reversal of Double Top Pattern. 📈 It can give movement upto the Reversal Final target of Below 2880-. 📈 There have chances of breakdown of Resistance level too. 📈 After breakdown of Resistance level this stock can gives strong downside rally upto below 2550-. 📈 Can Go short in this stock by...
GBPUSD consolidates losses made in the last three consecutive weeks ahead of the UK’s employment report. Adding strength to the recovery momentum is the RSI (14) line’s rebound from the oversold territory, as well as a six-week-old falling wedge bullish chart formation, which in turn suggests an immediate run-up to cross the 1.2600 round figure. However, the...
BPCL can look for 318-320 dip levels for tp of 340-342 risk 1.90% and reward 7% just watch for the levels in coming days dc : only for educational purpose
#IRCON trading above Resistance of 109 Next Resistance is at 140 Support is at 79 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
#GIPCL trading above Resistance of 110 Next Resistance is at 128 Support is at 97 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
As we can see at the chart, the price has made a significant upward movement, breaking out from a pattern called a 'symmetric triangle.' Currently, the price is trading above a specific line when we observe it on a daily basis. There are two ways we can consider entering a trade: 1.If the price comes back to the breakout level (resistance) and stays above it, we...
Why i want to buy WHIRLPOOL ?? The Chart Looks Bullish trend with good volume and close above 50 EMA Time period till target EDUCATIONAL PURPOSE ONLY