HDFC Bank has reached its swing resistance level on Sep 12. It was followed up by a trending candle on Sep 13.
The recent wave formation on the B.c was an internal triangle before it hit the resistance. It the Ascending Triangle continues, which is a likely possibility, the stock would come down to 2165 to form B.d as explained in chart. The next wave would be...
Gold finally paused after the stellar rally as it moved in a range of $55 cradled between the support and the resistance posting a negative return of $10 after 6 weeks. The fall was on account of better than expected payroll data which reduced the likelihood of a rate cut in the next Fed meet allowing the dollar index to move higher. But even amongst such...
Key Levels for DHAMPURSUG are : If can hold for 5-6 months can ignore first target, FIRST TARGET is for SWING TRADING.
link, t.me - JOIN THE TELEGRAM CHANNEL FOR MORE UPDATES
Tanla is making new high every year and one of the momentum leader.
trading above 200Wema and forming a support around 44.
a must watchstock
Target can be 140 for mid term and if momentum continued we can see a much bigger target.
Stock will be in hold till momentum get exhausted.
Follow Chart Instruction.
Wait for Proper Entry.
Do not be Hurry for entry.
Do not book/Exit Early , wait for atleast 1st Target.
Buy/Invest with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX .
Follow Chart Instruction.
if Wants to take Entry then wait for it.
Can Ask in Comment for Proper Entry when it reaches my level.
I have shared this chart because many were thinking to exit from Raymond at lower Low Broken, hence better to wait for Higher Level for Exit or profit Booking .
and for short term investor to wait and then took entry.
stop loss 197
right price to buy
good pullback is done ,go for it.
1st target 226
2nd target 234
3rd target 248
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial advisor before taking position/decision.
Gold continued its rally as it rose more than $40 in the week but ended with modest gains of $11. This surge from lows was broadly on account of an accommodative Fed which became the reason for the fall as Fed’s Chair Powell signaled not so brisk path to rate cuts in his speech last week. The G20 summit and the most important Trump – Xi meet resulted in lowering...
Gold closed at a six year high after gaining more than $57 in a monumental week which spanned nearly $80 in terms of range making it the biggest week since November 2016. Gold not only crossed $1400, it broke through multiple technical patterns which makes it supremely bullish. Fundamentally this breakout happened due to geopolitical concerns arising from U.S –...
Gold consolidated after huge gains in yet another another big week with range of over $38 with actual movement of less than a dollar. Such a move created an indecisive candlestick or a spinning top which is par on course as next week contains very important event of – “Fed’s interest rate decision” which will shape the future path of gold. The fundamentals remain...