Crude oil taking support in the same region marked in green for multiple times. for a decisive downside momentum from here crude oil needs to break the support region as per 15 minute candle closing basis. However, if crude oil manages to break the trendline resistance, the immediate upward target is marked in the chart with a red dashed line. and further upside...
This is an entry taken after a multi confirmation such as SMC, price action etc...All of you are requested to trade only after getting multi confirmation and take full care of your risk management.
After a sharp decline yesterday, crude oil managed to bounce back from the support zone. currently, crude oil broken out from trendline resistance as per hourly chart and sustained above the supply zone. Next immediate resistance or expected targets on the upside are marked in red line on the chart. Disclaimer: This is just a view and only for educational...
Currently crude oil is trading near its support zone. a bounce back for the target marked in dashed line can be expected if it manages to close above the trendline resistance as per the 5 minute candle. trade with caution. follow your trading setup before initiating any trade.
EXIDE INDUSTRIES NSE:EXIDEIND : Time Frame(TF) : Weekly , wait for the price to come @ 180 and then buy on 200 MA Support level . Reason to buy : 1. Took a retest on fib retracement level of 23% 2. Supply level strong 200rs level , major confirmation after that . 3. Major battery companies showing momentum...
Bearish Pattern Alert! 📊 Pattern: Descending Triangle 📌 Symbol/Asset: Coal India 🔍 Description: Stock Bearish If Support Level Breaks & Sustains Below Support 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Natural Gas Daily Chart Suggest 10% Upside move LTP 197 SL 188 Target 218 Timeframe -5-6 days
Potential ascending triangle being formed in the commodity. Given the long time on the hourly charts this can take the commodity to the previous months highs. Worth going long with the stops just below the nearest low.
BASED on ichimoku theory given upside targets disclaimer - trade @ own risk
Natural gas has formed a reversal pattern on the hourly charts and is now breaking out above the resistance level which can set the stage for a sharp rally in the commodity.
Crude oil actionable areas are marked in the chart. Please trade on 15 minute candle closure on either side. if triggers for upside or downside...targets are marked in the chart. As this is expiry today trade with caution and focus on scalping !
This can be a good buy entry. This is #smc based & multi confirm entry based, but You take your entry only after multiple confirmation And do take care of your risk management.
ANTICIPATION OF FED DECISION The Federal Reserve is meeting this week to decide on a potential interest rate hike. While analysts agree that the central bank will maintain its rates for the first time since March 2022, investors are focused on the tone of the announcement. If the Fed hints at further rate hikes later in the year, as many predict, oil prices could...
Commodity Samachar, Pune – On Monday, we saw a drop in the crude oil rate just in the afternoon, but the reason behind it is something truly exciting. On Monday, the price of oil fell $2 just 2 days ahead of the US. FED meet. This was coupled with the concern about China’s fuel demand growth and Russian crude supply weighted on the market. As per several...
CRUDE OIL CHART on WEEKLY BASIS through Elliott wave & NEO wave Impulse wave completed (5 wave /1 to 5). In this pattern 5th wave was longest wave Now on present wave on corrective phase i.e. Advanced Elliott wave (Neo wave) Upside move target 88. but if it break "ob" trend line thats only possible Note: Crude falling means globally crises to be happed. Its not...
One can try long here with small SL of 5550. As it is trendline support and it is going down since long we can see some good upmove
Bearish Gartley In Natural Gas Sell PRZ - 194.8/195 SL - 200.1 Target - 189/188
Natural gas is trading above resistance levels and using the key levels we can say that the longs now with the stops below the key pivot level of 2.3000 will work out well. Target can be around 2.4300 for today as that is the next resistance level which has held earlier as well.