*NIFTY* - If 22100 doesn't cross this feb series, expect nifty to test 19200 soon ( maybe by april) 21137-20950 major support after budget session play accordingly.
HDFC Bank HDFC Bank has formed Expanding Triangle on daily charts, stock already beated from its all time highs now trading at low risk zone (1400-1450). Buy on dip this findamentally strong stock for good returns! Recently LIC got approval for aquiring 9.99% stake in HDFC Bank thats a positive news for both the ferms
Nifty Weekly Analysis For 29-01-24 to 02-02-24 21080-21130 is the major Support Zone for Nifty50. 21500 will act as Resistance for Nifty50 coming Week. 21080-21500 is the Sideways Range For Nifty. If Nifty Sustains Above 21500, more Upside Possible and Targets are 21600/21685. Short only below 21080 for the Targets of 20980/20925. Verdict: Volatile Market.
The USDJPY has been relatively stable today, hovering around the 147.57 level and near the EMA lines on the 1-hour time frame. There are indications of a short-term price decline, as a double top pattern is forming with support at 147.400. If the pair breaks below this support level, it could open up more opportunities for sellers, with an initial target of 146.70...
The gold price today seems to have remained unchanged from earlier this morning, mainly ranging between 2021 - 2022 USD. Although the US GDP growth has exceeded expectations and core orders have increased, negative factors such as rising unemployment claims and inventory levels, along with reduced personal consumption, will pose challenges to the US economy. As a...
Spotted- Bullish harmonic in Muthoot Finance Ltd in Time frame- Daily Observe whether it respects the harmonic levels. Study-Practice-sharing Educational purpose only. This is not a recommendation - I am not SEBI registered - Do not TRADE/INVEST based on what I publish here. I am not responsible for your loss or gain. Inspired by - Trading Mirror Telugu
Since, 2008 a decade long bull run all time high was 619 in Jan 2018. After that reversal and give up all its gain in covid crash March 2020. It was almost down 80%. Covid stimulus rally & the Big Bull Entry before Sony merger news lasted in Dec 2022. Now, merger deal out of table. What Next? Is there any news flow being planned to bounce back? Or...
Bank Nifty Weekly Analysis For 29-01-24 to 02-02-24 44000-44400 is a Major Support for Bank Nifty this week. 46500-46800 is Major Resistance For Bank Nifty. If Bank Nifty Sustains Above 45500, more upside possible and targets are 45909/46380. If Bank Nifty trades below 44480, more downside possible and Target is 44000. Verdict: High Volatility. We may see Bank...
Technical Analysis: Examine price charts for trend patterns, support/resistance levels, and key technical indicators (e.g., Moving Averages, RSI, MACD). Identify potential entry points based on chart patterns or breakout scenarios. Fundamental Analysis: Consider economic factors that might influence the price of gold, such as inflation rates, interest rates, and...
Gold prices today surged from $2013 to $2020 per ounce at 6 am on January 26th. The reason behind this is the improved economy of the United States and the cooling inflation in the country. Specifically, in 2023, the US GDP is projected to grow by 2.5%, a significant improvement compared to the 1.9% growth in 2022. On the other hand, after excluding food and...
Hello dear friends! Today, USDJPY is trading around 147.66 and is in a corrective wave within its trend, as the currency pair has just experienced a downward breakout from a marked support level. Accordingly, the USD/JPY pair is undergoing a downward trend as market confidence recovers due to expectations that the Federal Reserve will begin implementing interest...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...