LT gave a good breakout of the trendline & is now on its way back down to retest the trendline. The ideal place to buy will be between 1585-1600 as it is also the retracement into the fib golden zone of its last move up. the recent import duty cuts on raw materials like Iron & levy of export duty on steel products should also be of benefit to the stock.
Nifty is stuck in a range of 16400-15700 since the past 2 weeks. Yesterday it managed to test the top of the range but failed to give any significant breakout giving a chance for bears to take control again. With so many macro economic pressure's mounting it will be interesting so see how Nifty will react. I believe that the range will continue for the month of...
Fundamental Development: Core Ethereum (ETH) developer Tim Beiko has outlined a series of suggestions and expectations about the upcoming Merge for application and protocol developers on Ethereum.For the average users of apps and protocols, Beiko simply suggested testing things out to ensure nothing is broken as more tests are executed. The Merge is the highly...
Fundamental Descriptions: Gold was up on Tuesday morning in Asia. The dollar was up, stabilizing after its fall during the previous session that helped boost the yellow metal to its highest point in two weeks. The bright metal took advantage of the dollar sell-off and built on the previous week’s recovery rally from four-month lows of $1787. However, the risk-on...
Fundamental Development Oil prices fell by more than $1 on Tuesday as concerns over a possible recession and China's COVID-19 curbs outweighed an expectation of tight global supply and a pick-up in fuel demand with the U.S. summer driving season. Brent crude futures for July fell $1.34, or 1.2%, to $112.08 a barrel. U.S. West Texas Intermediate (WTI) crude futures...
EURUSD consolidates the biggest daily gains in nearly three months around a fortnight top during Tuesday. In doing so, the major currency pair retreats from a weekly ascending trend channel’s resistance line amid an overbought RSI. However, the quote remains beyond the 200-SMA and previous resistance line from late March, respectively around 1.0650 and the 1.0560....
Btc respecting demand levels, made the intial bos, if we go down its essentially making a lower low and it obviously doesn't want that and rather take out equal highs as liquidity and tap in a supply point longed @29250 stop @29690 take profit @31000
HERE MY ANALYSIS IS HIDDEN BECAUSE THERE ARE SOME CONFIDENTIAL DETAILS ARE LISTED THERE WHICH ARE ONLY BANKS AND INSTITUTIONAL MUST INVOLVE BUT I CAN EXPLAIN SOME THAT IS HERE THERE IS FOR TP AND FOR ENTRY THERE IS A KEY LEVEL THE INDICATOR I USED TUTORIAL RULES ARE LISTES BELOW. BOLINFER BANDS: Basically, this little tool tells us whether the market is quiet...
Nifty Trying to meet his support 14000 again. Like sing a song. Lag jaa gale fir ye....bearish market ho na ho. Shayad fir mulakat ho na ho.......... Ambuja cement to bik gya.....Ab support majbut kaise rahega...........FII"s pe kiska jor
Fundamental Descriptions: Gold was up on Monday morning in Asia, hitting a more than one-week high. A weakening dollar continued to support the greenback-priced yellow metal, even as rising U.S. Treasury yields capped gains. On Friday, particularly, a flight to safety theme remained in play, which boosted the demand for safe havens such as the dollar and the US...
Fundamental Development: Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping to establish the network, then vanishing without so much as a trace. Over the years, the crypto ecosystem has seen many developers and protocol creators’ rise in stature to become crypto messiahs for faithful holders who...
Fundamental Development Oil was up on Monday morning in Asia as the upcoming U.S. peak driving season could see higher fuel demand. Brent oil futures gained 0.63% to $110.71 and crude oil WTI futures jumped 0.54% to $110.88. A weakening dollar also gave the black liquid a boost because that makes crude cheaper for buyers holding other currencies. However, gains...
Hello !! Welcome to the quick update of LIC INDIA share, one of the biggest IPO that was listed today morning. Even after a lot of hype and huge market share, LIC IPO was not given much importance by the investors. The IPO was listed at a discount of around 9% at Rs 872. The retail investors got the gains as the IPO was provided at a discount to them. However,...
EUR/USD clings to gains near 1.0600 amid relentless USD selling, German IFO eyed #EURUSD #DollarIndex #Fed
buy bel @ 235/236 it will be at 245 very good result will come out
Thinking of going long. Stock is currently at 52 week high, RSI is also near to 70. Expecting some more upside from here. Fundamental of HAL is also good one can consider going long in this. Note :This is not a stock recommendation. Before taking any position it is advised to consult your financial advisor.
NLC india.. PSU mining & power generation company ... Good fundamental company. Company pay around ₹3-5 divided every year. Company book value is 104 and current market price is 83 ...trading below the book value. undervalued stock. From last 1 year good volume buying seen on chart, stock is under consolidation/ acculamtion phase from last 12 year.. at CMP can be...
NSE:RCF RCF LTD Broke its weekly resistance line and trading at the previous swing high level. All essential levels are marked on the chart. "If you would like any more information feel free to DM me" happy trading & keep learning.