EURUSD is gaining support after falling from a 14-month high, as buyers wait for comments from US Federal Reserve (Fed) Chairman Jerome Powell. Upside remains favored The EURUSD pair is holding above a two-week rising support line and the 200-SMA, along with an upward trend line from late June, which keeps buyers optimistic. The steady RSI (14) also indicates...
This trading strategy focuses on scalping Nifty options based on institutional support and resistance zones and executing trades using order flow data. Here's a quick summary of the key points: 1️⃣ Zones to Focus on: 👉Green Zone: Represents institutional support. 👉Red Zone: Indicates institutional resistance. 👉Gap Between Zones: Typically ranges from 100-200...
Tata Motors Shows Reversal. This Stock Short Term Investment. Tata Motors Elliot Webb ABC Correction
Good morning, everyone! 26th Sept. 2024, Thursday I know, guys. You’re probably feeling uneasy seeing NSE:NIFTY make new highs, one after another, without any correction. But let me share from my experience — "The market can remain irrational longer than you can stay rational." So, don’t try to predict the market. Instead, focus on drawing your...
EUR/USD is currently climbing around $1.11950, strongly supported by two solid "fortresses" at EMA 34 and EMA 89, located at $1.11390 and $1.11107. A clear uptrend has formed, with solid support at $1.10864, ensuring the momentum remains intact. The key focus now is on the critical resistance at $1.1253 — the gatekeeper determining whether the uptrend can break...
Gold prices continue to shatter records, reaching an all-time high of $2,664, fueled by declining consumer confidence in the US, weakening Treasury yields, and a softer US dollar. Two strong support levels at $2,629.123 and $2,613.812, protected by the EMA 34 and EMA 89, act as shields for gold’s bullish momentum. However, the biggest hurdle remains the...
BTCUSD has pulled back after hitting resistance at 64,500 USD, but the overall uptrend remains intact. The key support zone is around 60,000–61,000 USD, which could act as a springboard for a price rebound. If the price holds above this level, there is a strong possibility of a bullish move back to 64,500 USD and potentially higher. The uptrend will be reinforced...
Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If we do trades in between these zones premium eating will happen and we end up seeing losses. Book profits every 30 points as we are getting very few trending moves.
Good morning, friends! 🌞 Here are the market directions and levels for September 26th. Market Overview: There have been no significant changes in the global and local markets; both maintain a bullish bias. Today, the market is expected to open neutral to slightly positive, with SGX Nifty indicating a rise of around +60 points as of 8 AM. In the previous...
Bank Nifty Current View: Bank Nifty mirrors Nifty's sentiment. If the first move consolidates around the supply zone (MSZ), it could reach a maximum of 54,498. Conversely If it breaks the supply zone with strength, the rally may continue with some consolidation around 54,655. This is our first scenario. Alternate View: The alternate view for Bank Nifty suggests...
Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If we do trades in between these zones premium eating will happen and we end up seeing losses. Book profits every 50 points as we are getting very few trending moves.
NSE:BANKNIFTY QUICK GUIDE - Use 5 minute timeframe - Try to take enters at retest - Use multiple confirmation - Read full description before investing - Try to take ATM options or above Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade...
NSE:NIFTY QUICK GUIDE - Use 5 minute timeframe - Try to take enters at retest - Use multiple confirmation - Read full description before investing - Try to take ATM options or above Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you...
Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
price above all moving averages 18 >50>100>200 day EMA while price bouncing from 200 day EMA MACD positive crossover likely target and SL marked
stock is at 200 day EMA while the shorter EMA remain above longer EMA SL and target marked
LINDE INDIA LTD is looking strong upside. Entry for long term trade You can go for it after doing your own analysis. entry price target and stop loss has been updated in the chart. ONLY FOR EDUCATIONAL PURPOSE..!
The gold price chart shows a clear upward trend since the beginning of September, with the EMA 34 and EMA 89 both signaling a strong upward momentum. The weakening of the USD, along with global economic stimulus measures and political tensions, have pushed gold prices higher. Especially in the context of major central banks around the world - from the US to...