XAUUSD/ GOLD is in major uptrend !On 4h hours gold is in a clear uptrend, 2637 looks like a great place to buy the gold for the next leg on the upside
Fibonacci
Education purpose only - NTPCAfter the hype stock has come down which 23.6% from its peak as per fib level... it is near its 50 Weekly EMA... govt expenditure is going to increase... is it the time to bounce back..
It will further strengthen if it closes above current week high which 373... lets see how the future will unfold..
Reliance - In weekly TF is in buy mode, but expecting a dipIn weekly timeframe, the oscillator is in buy, but I am expecting a dip or it will stay around1200-1250 levels and then we will move higher with a minimum of 50% of the entire fall around 1400 levels.
Greaves Cotton at All Time HighNSE:GREAVESCOT
Greaves Cotton at All Time High. Stock may retest 230-235 level before reaching to Fib 61.8% upside near 300 level.
Education purpose only - ZomatoStock is respecting Fib level..
It should cross its recent high i.e. 306
Target should 360/-
New year orders are going to be a positive triggers for all ecom companies..
SL should be BO candle low i.e. 280...
Lets see how this hypothesis will play..
Education purpose only - GodrejPropStock has taken support at a crucial level 2600/-
Started its run again...
if it crosses its recent high i.e. 3016
than march towards ATH 3400
SL should be 2800
other indicators are also suggesting strength..
Education purpose only - PaytmStock is at the cusp of major BO..
It has broken once previous recent high of 988 than corrected...
now again on uptrend..
Above 1000
SL 888
Target 1277
lets see how this hypothesis will play..
NIFTY - expecting upside with support at 24440 to 24340In hourly TF, the oscillator is in buy mode, but expecting a dip towards the support/buy zone (24440 - 24340). Once we start trading above 24600 then expecting the upside level of 25130 and 25275 in the coming days. But todays low is very important for this to play out.
NIFTY - if low of 24575 holds, then it'll move higher till 24750Nifty in hourly chart gave a buy and then sell still the movement is not good. I think if the low of 24575 holds, there mighty be a move to upside till 24750.
Lloyds metals & energy getting ready - Commodity energy themeLloyds metals & energy has stellar fundamentals of more than 50% ROE over last 1,3,5,10Y and excellent double digits sales & profit growth as well. Double digit ROCE, high operating cash flow with improved and sustained profit margins since 2022. Power generation is a theme that's in progress and lloyds is part of this energy theme.
Volume isn't shown. Price breakout not happened yet but RSI broke out. Price would follow. Today gapup opening of 20 rupees visible in 15 min chart has also been filled.
AMBERAMBER has given approx 20% correction from the top. Retraced about 50% from recent rally. If it doesn't close below 5700 then it may take a good bounce and me resume its rally from this levels. Risk-reward is quite in favor. RSI reversal on daily time-frame also observed. Keep it on radar. AMBER is one of the stock which IMO seems fundamentally strong as well. Do your due diligence.
POONAWALLA Analysis!On this chart, there are special lines called "Fibonacci levels," which help guess where the price might stop or change direction.
Here's the easy part:
Fibonacci Levels: Think of these as road signs on the chart. They show where the price might find support (like a safety net) or resistance (like a ceiling).
Blue Arrow: This arrow suggests that the price might go up.
Price Increase Note: The chart says that the price could increase around 20%.
feel free to ask! 😊
RAJRATAN GLOBAL, POSSIBLE BREAKOUT CANDIDATERajratan Global, CMP 499, witnessed huge correction from ATH.
Seems like at the bottom of both rounding bottom patterns, one
from its intermediate level as well as another from ATH level.
Important Support & Resistance levels are marked. Trendline
breakout will also coincide with up movement in rounding bottom,
again with due respect to key price levels.
Tata motors - Buy in weekly TF with a dip expectedIn weekly timeframe, the oscillator is in buy mode, we may get one more dip or we may spend time around the support. If the support does not break we may move to 950-1000 minimum as a retracement of the entire fall.
CSB BANK swing+positional bullishHello Everyone,
CSB bank taking Ema 200 supporrt and rsi positive divergence also a trendline support reatrce 50% from high overall bullish view 360,390,440+ possible.
Arihant super Structure on the verge of Darvas Box breakout.-Good Volume.
-Watch for the breakout.
Entry and probable targets are mentioned in the chart.
The chart shared is for educational purposes only. Please do your due diligence and risk management.
Strong Investment Opportunity in the Gold Mannapuram Finance: A Strong Investment Opportunity in the Gold Loan Sector
Mannapuram Finance primarily focuses on gold loans, providing financial services to individuals and small businesses.
Mannapuram Finance presents a strong investment opportunity, particularly in the gold loan market, with solid financial health and growth potential
Dividend Policy: Regular dividend payouts reflect the company's commitment to returning value to shareholders.
Risks: -Exposure to fluctuations in gold prices.
NIFTY PREDICTIONS.... BEARISH OUTLOOK FOR DECEMBER 2024. I'll try explaining my Nifty chart analysis through Elliot waves.
Nifty, again, is likely correcting in a 5-wave pattern. After reaching an ATH of 24274, Nifty's downside waves/correction started towards the end of September.
Wave (1) moved in a 5-wave pattern and ended around 24700, as marked in the chart.
Wave (2) had a zig-zag pattern and ended around 25200.
Wave (3) also had a 5-wave pattern, falling 1.23 times wave 1 to end around 23300 levels.
Wave (4)- Nifty is currently in this wave, which is probably in a zig-zag pattern. Wave (4), as usual, notoriously has violent moves on either side, giving challenges to traders.
Probable levels of termination of wave (4) are 24800 {0.5 of waves (1-3)}and 25150 {0.618 of waves (1-3).
Wave (5) - Assuming wave (4) termination around 25150, we can expect a big correction in Nifty to 22700 levels. This wave (5) alone can cause approximately 10% fall in Nifty.
Remember,
THE MARKET IS ALWAYS RIGHT.
Trade with appropriate stoploss.
Education purpose only - TRONUSD50% of current increase... is it sufficient retracement for next upmove... only future will tell..
BLUEDART - A must watch long term portfolio stock!MONTHLY TF VIEW:
Price Observations:
1. Good Volume support
2. Price structure is bullish
3. Reclaiming 9 years BO level
4. Bouncing from Monthly swing 50% fib level.
5. Bouncing from the Weekly Demand zone
6. Earnings are showing good growth as well.
Trade Plan:
1. Entry can be planned above 7900 with 15% Sl
2. Targets can be huge 14000 I'm expecting not immediately but eventually will reach there. Since it is a portfolio pick. For swing trade 9000 & 10000 can be considered as the TP levels
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
EUR-AUD | 4h | Swing Trading hello traders, i have prepared FX:EURAUD analysis for you. i have set my entry level, stop level and target level on the chart. all i ask from you is to support me with your likes. thank you to everyone who likes it.
