I think gold has found a bottom before our bigger move up. I believe this chart shows that smart money is finished loading their gold, and because everyone is still distracted by crypto - people will only figure it out much later.
Moving fast. NFA
Started observing from 18th, when closed at 47.30. (NR7 Breakout)
Entered the trade at 49.50 & still holding (58.7) - HIgh of 60+
18-07-2022: Today Crossed Weekly and Monthly Pivots Upside. On Daily/Weekly time frames Close is above 20 SMA, but on Monthly TF, below 20 SMA. Monthly trend is still -ve, but Weekly trend is changed to +ve. Today Close Crossed...
NSE:SBIN Has reached the breakout zone and now consolidating near breakout. It Can Fly from here if the Resistance is broken with good volume. You can add this for Swing Trade after Breakout, this is also Good for Investment Pick But i Advice you to add for Investment purpose on Dips currently it is on 52 High. If it wll face Pressure here and started downside...
BUY ABOVE- 1570
SL- 1560 (AS PER OWN RISK)
Targets- 1585/90/1650
As we can see on Chart their is symmetrical tringal pattern formed as well as inverted H & S pattern ...so this bullish pattern and can give good upmove ..
BUY KOTAKBANK above 1195 with Stoploss of 1142 and Target of 1329.
BUY ABOVE 1195
Stop Loss 1142
TARGET 1329
We are NOT A SEBI REGISTERED analyst. Trade on stock based on your expertise or consult a financial adviser.
ICICI Pru life
CMP 370
Trend is down
but is near important Fibonacci retracement level
Buying can be considered above 372
or on dips towards 360
T1 378
T2 388
T3 401.5
When trade gets activated Keep a Stop loss Rs 6 below buy price
Take care & Safe trading...!!!
CESC
CMP 1046
The stock will see demerger of shares and will be divided into 4 verticals in October viz:-
- power genreation
- power distribution
- retail
- others
Now coming back to charts
On weekly charts the stock has given a nice breakout and the stock may be heading towards 1160-1200 zone
Immediate Support at 1023-1030
Stronger support at 996-1003...
Buy above 103-104 for given targets in short term.
Indicators look strong, price has moved above 200 DEMA.
For long term setup, check my other chart (double bottom setup).
