The AUDUSD pair is poised to take out liquidity below the 0.64000 level. Key liquidity zones have been identified, and recent market structure shifts indicate a potential move to the downside. Monitor the price action closely for bearish opportunities.
Good morning, friends 🌞 Here are the directions and levels for August 7th. Market Overview The global market has been in a minor range, and our local market has a moderate bearish sentiment. Today, the market may open with a gap-up, indicated by a 200-point positive start in GIFTNIFTY. Both Nifty and BankNifty share the same range market sentiment. Let's take a...
Even though the previous session opened with a gap-up, it didn’t sustain,BankNifty maintained their bearish bias. Today also the market may open with a minimum of 200 points positive. What about today? If this happens structurally, it could turn into a range market. Range market movements are usually difficult to predict. However, my expectation is that if the...
In recent months, the bank index has been on a remarkable upward trajectory, consistently achieving higher highs and higher lows. After reaching an all-time peak close to 53,350 (specifically at 50,358), the bank index experienced a correction. At present, the index is hovering around a significant support level of 49,750, which also aligns with the trendline...
NSE:PRECOT The price has broken upward out of a consolidation phase, indicating a likely continuation of the previous uptrend. Initially, during a downtrend, prices form higher highs and lower lows, creating a broadening pattern. Gradually, the trading range narrows as the highs peak and the lows begin to trend upward. When the price breaks upward out of the...
IRCTC broke all the main supports.. Another 30 to 40 pts fall in cards.. It may revisit 877 range before any bounce back
Clear rounding bottom with volumes. Targets(T1, T2, T3 & T4) mentioned along with expected time frames. Disclaimer: No recommendation
Clear rounding bottom with huge volume Technical Targets(T1, T2 & T3) for next 1 year mentioned. Disclaimer: No recommendation
Hello 👋 Today's breakout stock is Kpr mill All textile stocks & booming. Huge volume in this week. Bearish diversion on weekly chart, & price break previous swing. Rsi crossing 60.. Yesterday closing also positive above 935. And if this positive momentum continues then 1050 & 1170 will be coming targets.. It's my view. Plz DYOA. No buy/sell...
Yello, Paradisers! Is TURBOUSDT about to break out into a small bullish move, or are we looking at a potential reversal? Let's dive into the analysis to see what the charts are telling us! 💎TURBOUSDT is currently forming an inverse head and shoulders pattern, a classic bullish signal. This pattern, coupled with the recent bullish reversal indicators,...
BTC has been facing local resistance at 56 - 57k region, which was previously good support for BTC. Once we clear it, we will again see a bullish rally towards 65k. But BTC will most likely fail to clear it at current market structure and is expected to trade sidewise for few days/weeks.
ASIAN PAINTS Trading between the price zones 2663 and 3550 since May 2021. This gave a good opportunity for a swing trade with a 33% profit stretch Strong rejections at 3550 during Sep 2021, Jan 2022, Aug 2022, Sep 2022, Jul 2023, Taken good support near 2660s during Mar 2022, Jun 2022, Jan -Apr 2023, May 2024 From Dec 2023 the price is not able to touch...
Dogecoin stands below 0.10 indicates one of the best buying opportunity. Here Doge gears up for major bull run ascending towards Q4 this year. According to the chart, 2x to 3x is very easy for upcoming weeks / months. 2021 bull cycle made Doge at ATH at 0.72,which is very far from current price but is expected to see new ATH in 2025 including attainable 1.00 price mark.
Nasdaq100 Long Term Chart has a big divergence built up - will it visit the bottom of the channel. This maybe the once in a century correction if that happens.
Long-term Potential: Axis Bank has been demonstrating strong growth in recent years, and it's considered a major player in the Indian banking sector.
Long term charts for Dow Jones indicate signs of 1929 type recession in the offing in the coming months & quarters.
NSE:BANKNIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 49750-49500-49154. ❇️ Resistance : 50214-50431-50800-51310 👉🏻 PURPLE LINE is a key level, above buying, Below selling. 👉🏻 YESTERDAY'S CLOSING IS IMPORTANT. 👉🏻 @thetradeforecast 🇮🇳
The stock shows signs of bearish sentiment in the short term, challenging support levels that could decide the near-term direction. The company recognizes issues like customer churn and is actively deploying solutions to improve retention and stabilize its customer base.