Bank Nifty Simple Analysis!Todays trend day may continue by tomorrow if a gap up opening is seen and sustained above 48300 then bullish action can been seen
Support at 48000 to 48050
Resistance at 48250 to 48300
If gap down below support or trendline break may make sideways or range bound day. Also todays buyers will look to book profit.
Inflationhedge
GDX- BIG BULL OPPORTUNITY!GDX (VanEck Gold Miners ETF)
INVESTMENT CALL📈
Attached: Monthly Chart as of 7th April 2023
(Technical Analysis self explanatory as annotated✍️ in the Chart)
CMP= ~34
Upside Targets🎯:
T1= 40 +
T2= 60 +
T3= $100...
Stop Loss:
SL is Not Needed but just for the sake of it one can keep it below Last Month's (March) Candle Low so < 26.50
Upside Potential is almost 3x🚀 and that too in an ETF (not an individual stock)
With Risk⚠️ of just 25% at Max
The Risk Reward for this Investment is FABULOUS😮✅
And it is on the same thesis of the Bull Run in Gold & Silver 🥇🥈
..............................
Check out my Related Ideas for the Bullish Call that I had put out for Silver and how it met its Target