Running in a correction waiting for breakout, previously it's give a thousand (1,000%) percent 🔥🔥🔥🔥 returns in a year's so, expecting 200 to 300 % returns in upcoming weeks or months 📉📈🔥🎯 ,
Simply fib analysis that's all.
setups is valid as long it's hold the golden level above 🔥🎯📈📉
Crude oil can be a possible short and can be covered after a small down move around 6400. if it breaks 6400 levels then 2nd target at 6300 and final target near 6100.
Bank Nifty has underperformed this year compared to benchmark nifty largely due to NIM. Also it is expected that the RBI may cut rate before their US counterpart . In such a scenario HDFC is a good value bet plus it is about to test a major trendline giving an opportunity to make an ideal entry. However it may take a month or so to see some major moves. Upcoming...
Bajajhind (Bajaj Hindusthan Sugar Ltd) closed yesterday at 36.25, bringing it close to the critical level of 39. A monthly close above 39 could potentially push the stock to 50 or even 58 levels. This stock attempted to break past 39 in February 2024 but failed to close above it. Since then, it has been trading within the range of 26.80 - 40.50.
Keep an eye on...
Hindustan copper has broke out cup pattern neck line 198, which gives first target of 320.
On the bigger time frame it will completing a cup or box pattern of more than 11 year.
If it manages to close above 320 then it will be breaking its 11 year high, which can give target of 600.
This is for educational purpose.
This is a Weekly chart. Here are some observations:
1. Price has been in a downtrend since Oct 2021 forming a large cup potentially finishing around Jun 2025 with neckline at ₹650
2. The red trendline still has to be broken to officially get into the uptrend
3. The recent green trendline has been breached following the healthy Quarterly results posted...
Tata Elxsi stage analysis
Stage analysis of stock to show different stage like basing , advancing, distribution and declining.
some factor which has occurred which causes these stages.
The current market cycle looks eerily similar to the 2005 - 2010 era.
Dow started going up after the last rate hike in expectation of a rate cut and eventually peaked around the time the cut started i.e. Sep 2007.
Very similar behaviour is evident in current cycle where market has been rising since the last rate hike. If the Fed cut is expected in June 2024, then...
SHIB: Meme Token Breakout Potential
The popular meme token SHIB has seen a significant spike in interest over the past 10 days, with its price rallying alongside the increased attention. Currently, SHIB is resting on the 10MA, which could act as a support level and bounce off.
Technical Analysis:
- The recent price action has formed a bullish flag pattern, which...
I have been observing an increasing momentum in PVR INOX and Along with this increasing momentum PVR INOX has also closed above a crucial resistance on Thursday, breaking out of a range between 1350 and 1400. This stock has been in this range for a period of 1 month, therefore its breakout indicates a good rally. Defintely buy PVRINOX for short term move.
Entry...
USD/JPY technical analysis
The above-estimated CPI print saw USD/JPY fall ~20 pips, which is by no means a particularly big move. But it has helped the pair retrace further from its highs as we head closer towards the key US PCE inflation report later this week. Technically, I am now seeking evidence of a swing low for a potential swing trade long on the 1-hour...
This is the perfect example of a long downfall now upward trained start and successfully higher bottom keep making Until higher bottom Keep phone ride on the On the stock really other technicals also Positive shouting towards this trade change momentum built RSI strong quarterly revenue also support
![XAUUSD: XAUUSD Short [Intraday]](https://s3.tradingview.com/e/ErLVzFrW_mid.png "XAUUSD Short [Intraday]")
