Gold Analysis for the Upcoming Week on MCX, India Date: 20th August 2023, 18:03 hours Technical Overview: Recent Performance: From 8th May to today's date, gold prices have witnessed a significant decline of approximately 5.49%. Moving Averages: The gold price has recently breached the 50-day moving average, which stands at 58,980. The 200-day moving...
📈 N ifty 50 Analysis (One Week Outlook) 📈 🔍 Observations: Chinese Economy Woes: The real estate sector in China is under stress, with it constituting 25% of the country's economy. This raises concerns. US Dollar Strength: There are indications of potential rate hikes which could bolster the USD. If this happens, we might see a capital flight from the Indian...
📈 Weekly Stock Picks: NSE:WIPRO - Week Starting 4th September, 2023 📈 💡 Rationale for Selection: 📊 Technical Analysis: Parabolic SAR: Currently showing a sell signal, but the stock has rebounded. 📉➡️📈 Fibonacci Levels: Bounced back from near the 0.618 levels and surpassed the 0.5 levels. Indicates a trend reversal. 🔄 MACD: Expected bottom-up...
NSE:IDFCFIRSTB IDFCFIRSTB at important support level which is also 50% retracement from high. Can reach 60-65 by the end of this year.
BUY - IOB CMP - Rs. 22 Target - 1: Rs. 30 Target - 2: Rs. 36 Target - 3: Rs. 46 . . . Technicals - 1) Bullish Gartley Harmonic Pattern. 2) Targets set using Fibonacci Retracement. . . Follow me for more!
The Journey of LIC's Stock Price: LIC, one of India's most prominent financial institutions, made its debut on the stock market with high expectations. However, like many newly listed companies, its share price experienced a significant drop over the span of two years. This decline was disheartening for early investors but not entirely unexpected in the world of...
Banknifty has given a gravestone doji again and closed 123 poinnts lower. It has been trading around the 20 ema. The market has retested the 50% fibnocci level and retraced back in the last hour of the trading session. On the hourly charts, traded around the moving averages and gave a break down. During the last hour market recover and took resistance from the...
XAU/USD Trading basic strategy for Wed 6 Sep 2023, based on strong support and resistance in H4 and H1 plotted this trend analysis, use M5 and M15 time frame for the same for shorter scalping type of trades
Dear Followers, I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock NSE:GUJGASLTD I have been monitoring. Currently, the stock is experiencing a Uptrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of Increasing in prices. This...
Pure Price Action. Take entry above 100 Target1 - 114 Short term Target2- 148 5-6 Months Have confidence and buy Do your own Fundamental Analysis though.
Canfin Homes There are only handful of Non Banking Finance Companies with good market capitalization looking good. By rejecting few companies whose negative change in promoter holding in recent quarter and those with high valuations leaves out CANFIN homes which recently had healthy correction and took support of 50% Fib retracement and showing reversal. Trend...
KOTAKBANK: LONG SETUP Levels mentioned on chart. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading
Looks like bank of maharastra is moving towards 39 if that break 42.7, lets see if that happens Target1: 39 Target2: 42.7
Small gapup opening on 5th Sept. Market may see profit booking and may take support near yesterday closing price (19821 to 19791). 1st Target 19871. 2nd Target 19915 to 19927. 3rd Target 19975. Rocket movement may be seen up to 20055 if market sustain 19950 after 2.30PM. The above analysis is based on Fib Retracement.
* All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of technical analysis . * This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security. * Back test yourself before jump into live market consult your...
i saw order block on GBP JPY 4h time frame also choch entry 185.803 SL : 186.229 TP : 183.500 note : do you own analysis before enter in trade, im not professional
In my analysis(for 1-2 weeks), I've identified a potential trade idea for the IRFC stock. Based on my evaluation, I see two profit targets. The first target is set at 56.4, while the second target is at 60.4. To manage risk, it's important to establish a clear stop-loss level. **Trade Idea:** Consider a long position(1-2 weeks) on IRFC stock with a first profit...
Check for the levels in DHANALAKSHMI BANK. Reversal in Weekly chart . Support at 20 & 17 . Follow the Fibo levels for the targets from here