Nifty Daily chart on top to top and bottom to bottom of last few days. There is another support line from he bottom of budget. The level of 24592 should be watched carefully. Any close below 20592 s a selling opportunity in short term. #Nifty
The allure of non-yielding bullion tends to increase when interest rates are lowered because the opportunity cost of holding gold decreases. Investor sentiment has played a significant role in the recent spike in gold prices. The current market positioning reflects a strong bullish outlook on gold
Monthly chart at 50 SMA support and proven that already 4 candles are like doji an undecisive candles 1. Time correction 2. Triangle pattern 3. Historical good return record. Holding time frame - 2 months for 15-20% 1 yr - for 40-50%
Nifty 50 forms a ascending parallel channel. Educational & Paper Trading purposes only
Ipo based breakouts always works good when it breaks the first day high, but while trading such stocks we need to keep watch on the movement of the stock when it breaks the high. if breakout don't sustain it can leads to lose. and if it sustains there is high probability of good returns in few days. This is just my own opinion, trade using your own strategies and risk.
NSE:BANKNIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 50660-50460-50310-50030. ❇️ Resistance : 50890-51090-51250-51370-51560. 👉🏻 PURPLE LINE : 50890 is a key level, above buying, Below selling. 👉🏻 @thetradeforecast 🇮🇳
Date : 20-Aug-2024 LTP : Rs. 2,991.90 Targets: (1) Rs. 3,217 --> (2) Rs. 3,434 SL : Rs. 2,768 on daily close basis Technical View: • NSE:RELIANCE is in it's primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 3,217.60 on 8-Jul-2024, it has retraced 11% to 2,866.50 level. • On 19-Aug-2024, NSE:RELIANCE ...
Multi-Year Break-out with a Potential Upside of 60%.
NSE:SURYAROSNI Triple Top Formation Price Fall Volume Flat Volume Buildup Price Up Need Closing Above 718 then we can expect good upside move Risk Reward Good
The price level of 1100 has historically been a key psychological threshold, often influencing market sentiment. In the past, the chart structure has typically prompted swift decisions within this range, leading to a shift in sentiment within a week or two. Recently, the stock surged to a high before undergoing a sharp correction, eventually bottoming out near its...
Given breakout from downward sloping triangle High volumes observed Breakout untill fib retreacement levels
Good results, good pattern You know it will get there Target - 4531
After good results this stock fell to form this pattern and buyers came in earlier and has formed a beautiful cup with handle pattern with a superb target of 4531. It will get there, soon.
Welspun living formed cup and handle pattern now stocks breaksup and retest completed.
Stocks moving up post breaking out of the last ATH of 1075 in March 2015 convincingly. Targets are fibo levels 1179/1265/1327 on monthly basis. Backed by Good Results and focus by government should do good. Hold for a quarter to achieve the targets. Please do your fundamental research before investing
Godfrey Phillips (GODFRYPHLP) - Bullish Outlook The stock has broken out of a multi-year consolidation range between ₹1,000 and ₹2,250, triggering a strong uptrend. Current price action is trading near ₹5,845 with significant upward momentum. Key resistance around ₹6,000, with potential for further upside if this level is broken. Strong support levels at ₹4,800...
Head And Shoulder Pattern Formation in ONGC. Price Might Broke Below as there are low volumes and no Bullish Momentum. There are Bearish Divergance in RSI Too. But Taking Baout the Support Level it has retested this level Sevral times, so Taking any sort of LONG or SHORT entry Seems to be Risky.