Here is a long term analysis of silver, it might be ready to fly to a target of 42 dollers in the coming months, it is in the bulg of explosion.
LAW OF SATURN - 29.44 YEAR OF ORBITAL CHANGE . ONE THIRD 1/3= 120*-3585 DAYS(TREND REVERSAL ) TWO THIRD 240*-7170 DAYS (TREND REVERSAL) 3 MAR 2008- SUPPLY ZONE 9 MAR 2009 - DEMAND ZONE 21 AUG 2018 - SUPPLY ZONE STARTED 30 APRIL 2020- MAY BE A DEMAND ZONE ( ALL DEPENDS UPON SBIN/ LIC , RBI & YES BANK MANAGEMENT) NOTE:SUPPLY/DEMAND ZONES ARE MARKED UPON MAJOR...
LAW OF SATURN - 29.44 YEAR OF ORBITAL CHANGE . ONE THIRD 1/3= 120*-3585 DAYS(TREND REVERSAL ) TWO THIRD 240*-7170 DAYS (TREND REVERSAL) 3 MAR 2008- SUPPLY ZONE 9 MAR 2009 - DEMAND ZONE 21 AUG 2018 - SUPPLY ZONE STARTED 30 APRIL 2020- MAY BE A DEMAND ZONE ( ALL DEPENDS UPON SBIN/ LIC , RBI & YES BANK MANAGEMENT) NOTE:SUPPLY/DEMAND ZONES ARE MARKED UPON MAJOR...
Nifty will breakdown if it closes below the 20EMA in 5 mins Chart. Nifty is in a Rising Wedge Pattern. Target is 11335.
28125 should be the lower limit in this down trend
Support broken, the next support is at 161, resistance is at 180, target in intermediate term is 230
It is likely to find support at 3000. Target in intermediate term 2260.
Support around 61. Upmove can be seen once it closes above 73.50.
May go up to 72.46, intermediate term target being 69.34
For the next week there is a strong support at 11000. Below that, the support will come at 10741. In case of up move, there is a resistance at 11310 and then at 11364, beyond which it will have a free run up to 11976. The red line is at 13360, whichwould be the target for 2020.
Will be out of bearish pull if it closes abobe 1080. Obeying descending supports as of now.
May not go below 7100 in down trend. Resistance at 7600
Post is for educational propose only.. Nifty is Trading in Symmetrical triangle pattern too. Looking to short Nifty at 11000 lvl.
Ujjivan financial services is trading in ascending channel and looks good to buy @ cmp - 363, with targets of 390, 420 and 440 and stop-loss of 343...
Holding on strong support and we should expect up move from here if the support is held.