INFY has just broken out its Resistance and is likely to head towards 812. Proposed a BUY at 780 SL 766 and Target of 812 Please consult your finance adviser before taking any position.
PVR any reversal on 1860-65 seen on clbs can be show upside move to 2020 - 2030 level twitter-@TheSachinJain telegram - @tradingbud Do check our latest pick which given 7% move in a day :)
Looking at the Gravitating li ne(Red), you can how there is an active attractio n from 1 to 8. The Price is moving toward the support level(225 ) on a strong(tight) value area(Channel) where investor's eye is looking to buy this stock. The changing and crossing over the Average Volume should be best sign for creating a position (target 257 and 280). The...
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...
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.
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...
Hero Motors is reaching towards accumulation zone, Can be a sweet addition to portfolio + Company has a strong brand image in india & Investing perfectly towards EV Future Entry : 2250 <=> 2400 Range Stoploss : 10% (Closing Basis) (this given for positional trading, investor can go liberal & fetch reward of time ) Basic Target: 2940 if you have...
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...
Gold posted massive gains of $35 in the week which was having a range of $43 making it the biggest week of 2019 and the highest weekly gain in last 3 years. Gold zoomed towards the highs in the fear fueled rally assisted by a near certainty of a rate cut by the Fed later this month due to appalling data which signaled intensive slowdown. The resistances were taken...
Gold finally made a decisive move as it broke out from the flag on the upside changing the trend to bullish after more than 2 months. The consolidation which it was in from past few weeks ended with a massive move of $21 happening on the upside with gold ending well above the psychological $1300 mark. The week was a huge one with the candle having a range of more...
Gold remained sideways trading in its set range with consolidation spilling into 5 straight weeks. The yellow metal had a weak start to the week but ended with gains of $7 without the support of lower dollar as global tensions weighed again. Point to note : Gold has been unsuccessful to give a weekly closing above $1286 after repeated tries over last few weeks...
Gold had a big week ranging over $28 finally ending with cuts of $8 closing near the lows of the week. The metal saw a huge upward rally on day one closing over crucial $1300 which was erased completely by following 4 down days resulting in failed attempt to break through the flag/pattern thus encouraging the bear cartel to persevere with the trend. The rejection...
Gold continued to consolidate in $15 range but this time the expansion was on the upside unlike the previous weeks, finally closing with gains of $7. The uptrend was halted as the price action created a double top formation directly inverse to previous week’s double bottom formation which continue to suggest the trend still remains bearish in-spite of favorable...
Quote: #NTNX Buy Target: $39.45 Sell Target: $42-$45 Panic/Exit price in case of decline and risk of being trapped= $35.00 Description: Nutanix, Inc., together with its subsidiaries, develops and provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. Its solution addresses a range of...