"Good evening, friends. Tomorrow, we have a big event: the Union Budget for 2024. It's a significant event, and the market will mostly move based on the sentiment surrounding that event, with less probability for technical analysis. So, I'm just sharing my Fibonacci levels on the one-hour chart. If you want, feel free to use it. And if you'd like to trade on this...
It seems like you are describing a potential trading scenario for the AUD/USD pair based on a clear downward channel breakout after some event related to the USD. You mentioned potential price targets of 0.6598, 0.6606, and 0.6624.
gold technical analysis in weekly time frame gold next possible movement. as we can see in anally-sing that market trend is up trend and also completed its 4th elliote impulse wave and might be create history all time high and make 5th wave
Hi This is an long term forecast of bank nifty, as per neowave cycles bank nifty is making bearish cycles. For complete understanding of price action do watch the video.
🔶Timeframe: 1 hour 🔶 INTRADAY TARGET - Target: 6360, 6380 🔶Oil prices dipped due to weak Chinese economic data, but monthly gains are expected amid escalating Middle East conflicts. U.S. inventory data showed mixed results, while concerns about demand persist. 🔶Crudeoil inventory data at 9 pm today.
Dear valued readers, Escaping the bull channel has caused an impressive price increase for the product, primarily due to BTCUSDT being unable to surpass the $44,000 resistance level. Given the current situation, I anticipate that BTCUSDT will experience a price decrease before any catalyst emerges to drive market growth. What are your thoughts on this matter? Do...
#Banknifty There are no changes in the Banknifty chart, and it still has a FLAG pattern structure. So, if the market breaks the previous high, we can expect a rally continuation. However, if the market rejects around 38%, then we can expect a minor correction of 23 to 38%. An alternate view is important. If the market opens with a gap-down, the level of 45045...
#Nifty Good morning, friends. As of January 31st, the global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows a mixed trend. It might open with a neutral to slightly gap-up start based on Giftnifty, which shows +2. According to Giftnifty, Nifty may open with a neutral start. If the market takes a...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (22.01.2024) Current price- 2023 "if Price stay above 2011, then next target is 2035 and 2048" and below that 2002,1992. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
The EUR/USD pair is recovering some lost ground below the 1.0800 level in early Asian trading on Tuesday. The pair's recovery is driven by the modest decline of the US dollar and lower US Treasury bond yields. In the short term, there are expectations of an increase, but when looking at the longer-term trend, the weakness of this currency pair has not yet...
Gold prices stood firm on Monday, rising over 0.70%, supported by increased tensions in the Middle East along with the previous day's gains in the US Dollar. The XAU/USD exchange rate traded around $2031.60, down 0.07%, after bouncing back from last week's low of $2017.92. In the near term and based on the 4-hour chart, XAU/USD is neutral. It is currently...
As mentioned earlier post that might be today will be trend day or same tight sideways and it happend market didn't moved to new direction. market players want to stop out as many players as possible before a breakout it started with morning flase break out then all went in a range Bulls are facing strong resistance as they failed twice to break 45600 level...
B L Kashyap & Sons-Dad (monthly) and Sons(Weekly & Daily) in box. The weekly and daily box cannot be seen in the chart since its so small. Both dad and sons will be breaking out soon for higher targets as mentioned in the chart. Team Stocks-n-Trends
Visaka Industries- Handle formation is in progress. In a parallel channel in the 3months time frame. But forming cup and handle pattern in monthly. Good to accumulate it slowly before it reaches the handle top for breakout. 100 percent returns possible in few months. Team Stocks-n-Trends
Trident- Wonderful RB pattern formed. Gave a false breakout on daily. Currently at resistance of 48. If the candle close is above 49 this week, then quick upmove is seen to the first target of 57 and then to 70 and thereafter very high chances of higher targets getting unfold. Team Stocks-n-Trends
Huge flag pattern breakout done to fly for the target of 100 with the SL of weekly candle close below 55. Note: This is for educational purpose only.
To put in larger timeframe to lower timeframe 1. Box breakout done on monthly 2. Inverted H & S breakout done on weekly 3. Double bottom breakout done on daily. What else bullish patterns you need in a single stock. Weekly and monthly candle close above the resistance is also done. Just click on the chart to see where this UFO going to fly once it gains...
BANKNIFTY Intraday Trade Setup For 31 Jan 2024 Bullish-Above 45680 Invalid-Above 45570 T- 46155 46650 Bearish-below 45200 Invalid-Above 45310 T- 44690 44250 BANKNIFTY has closed on a slight bearish note with 0.16% cut. It was complete sideways market within previous day's range. Nothing triggered as per trade setup. It has formed a spinning top candle in daily...