#XAUUSD ANALYSIS.. In xauusd(gold) there is no fresh entry market are move in 1922 to 1934 zone may be market are making exhaustion move so wait for break this level 1922 zone or 1934 zone... If the market break 1934 zone then buy First target 1937,1940,1946. If the market break 1922 zone then we can go for sell First target 1918,1916,1911
<If there is small range then we should trade after breakout either side. <It has a range of 15% which is enough for swing trade. < Whenever there is a huge range, we should trade at the edge of the parallel channel. < Here, price is touch lower level of it so we should enter here for better risk-reward ratio. <Long position should be initiated at a level of...
Havells had a W-pattern break near March 2020 lows. The W and M patterns are very commonly seen on the candlestick charts. W patterns are bullish in character and are generally seen at the bottom of a downtrend, whereas M patterns are bearish and are seen at the top of a rally. The stock made new highs in Nov 2020 followed by strong follow up bullish candles...
Nifty View: Benchmark Nifty fails to hold onto early gains with which it opened today’s trade. A classic “Exhaustion Gap” on the 75min chart lead to follow-through selling for the rest of the session. At a close of 16,572 there is not much damage on a close-to-close basis, but yes some sign of slowdown which will appeal to the Bears. The underlying trend is still...
I Have done A Analysis on line chat today , hope you guys will find it useful for trading Targets & stop-loss are already mentioned DON'T forget to check out the related ideas which I have posted down below FOLLOW & LIKE if works & COMMENT
S&P 500 broke its all time high in previous session will gap up but looking at the structure I think its exhaustion gap. Also, look at DJI, it gave flag pattern breakout on 21 Aug. Interestingly there's a gap border resistance present in DJI at 28400.
Reliance is showing weakness after a huge rally. Volume is almost falling on a daily basis with little to no price movement in scrip. The stock seems to have entered into the exhaustion phase & now consolidating itself because of profit booking. Please wait for the clear breakout either upwards or downwards. Any correction will cause a breakdown But Since Nifty...
All necessary details on the chart itself. Do like, comment and share. Regards