Today, HDFC Bank is down by more than 4% due to some news of target reduction. As HDFC Bank is a market mover, a big fall in HDFC bank can trigger a correction in broader Indian markets, especially banking sectors. However, news based moves are mostly a trap for retail investors. Weekly TF analysis of HDFC bank shows formation of ascending triangle pattern since...
Signal is established OANDA:XAUUSD In the near term, and according to the 4-hour chart, the risk skews to the upside. Technical indicators are picking up after correcting overbought readings but remain below their weekly peaks. At the same time, the 20 SMA keeps gaining upward traction below the current level, reflecting near-term buyers are still strong. ...
Knowledge and strategy OANDA:XAUUSD 👉On Tuesday, Gold price broke the range trade between the key 100-Daily Moving Average (DMA) at $1,952 and the mildly bullish 50 DMA at $1,932 to the downside after piercing through the latter on a daily closing basis. 👉The next relevant support aligns at the $1,916 level, which is the confluence of the 21 and 200 DMA....
support and resistance are mention wait for moment and then trade
In this chart i am gonna show your how to work properly this strategy . so keep stay tune and wish your very best to becoming an professional Forex trader .
From last few trading sessions we are witnessing a big upside rally in broad market. Nifty 50 from low, made on 22 june recovered +7.5%. It is surprising that Nifty's most treatable player not recovered more than 3 % from recent lows. On technical side 1) The inverted flag pattern is showing a short term down trend, 2) Prices are trading below 200 day...
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors) 5. Some other ways to sell stocks can be a....
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors) After GOI's green H2 policy announcement ...
Shorted Nifty due to SGX Nifty, Kospi, Nasdaq, Asian shares traded lower and US Stocks settled down
Nifty may go high today, because of global cues, SGX Nifty, Asian, Wall Street
JSW Energy reported double fold jump in its consolidated net profit in Dec Quarter to 324 Cr previous year it was 124 Cr
FPIs sell shares worth Rs 855.47 Cr Data by NSE DII net sellers worth Rs 115 Cr data suggests source:ET Markets
This is based on TCS quarterly result it has announced a profit
I shorted Nifty 50 owing to weak global cues that overall markets closed in red and plunged hoping nifty may touch 17980
I JUST LOVE WATCHING CHARTS DANCE THAT'S ALL :) 💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope...
STRONG BULLISH VIEW Reasons: NEWS 1. INR 50,000 crore fund raise via debt securities 2. Bank Deposits have risen 25% from a year ago CHART 1. Ascending triangle (highlighted on chart) giving strong support 2. Evening Star (Bear Pattern) has formed at support clearly indicates the bearish pattern will fail, backed by bullish sentiments and news. Trade Good...
PS: I am a beginner. This is just my opinion. Only trade based on your analysis -Glenmark announced the DCGI nod for selling of Fabiflu - Covid-19 med. -Strong support between 390 and 400 (very strong at 394) - Closed in its S/R zone of 408-415. If breakout above 418, can go till 432-437. -Result on 26th June. Expected a positive result. - If fall below 390,...