When we evaluate the NIFTY 50 in relation to gold, the picture becomes less rosy. The NIFTY 50 hit its relative peak around March 24, after which gold has been consistently outperforming it. Adding to the concern, a death cross formed in mid-April, and on July 5th, NIFTY 50 broke down below the 30-day simple moving average (SMA). This begs the question: Is NIFTY...
Gold is currently trading around $1,900 per ounce, approximately $100 higher than its opening level in the second quarter of 2024, having reached a new all-time high in mid-May. The global interest rate environment has seen anticipated rate cuts fail to materialize, particularly in the United States, as inflation persists above the forecasts of various central...
Yello, Paradisers! Have you noticed the patterns forming on CHRUSDT? Let's dive into the technicals to understand the next big move. 💎CHR has formed a descending channel and within it, an inverse head and shoulders pattern. This combination is increasing the probability of a bullish move. 💎For confirmation of a bullish move, CHR needs to break both the...
Chart Pattern: Breakout of Supply Zone Volume: Good volumes with a bullish candle closing Trendline: Breakout of trendline as well Entry Strategy: Buy at Current Market Price (CMP) ₹477 Stop Loss (SL): ₹410 for risk management Target: ₹711 Trade Duration: Swing Trade for 3-6 months
📊 Script: VTL 📊 Sector: Textiles 📊 Industry: Textiles - Cotton/Blended Key highlights: 💡⚡ 📈 Script is giving Breakout of Upward Moving Channel on daily chart. 📈 Keep an eye on stock we may see some good rally. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 535 🟢 Target 🎯🏆 - 572 ⚠️ Stoploss ☠️🚫 - 520 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like...
Chart Pattern: Bullish Pennant Breakout: Resistance with good volume Entry Strategy: Buy at Current Market Price (CMP) ₹48 Stop Loss (SL): ₹37 for risk management Target: ₹98 Trade Duration: Swing Trade for 3-6 months #HCC #TechnicalAnalysis #BullishPennant #BreakoutTrading #StockMarket #SwingTrade #TradingStrategy #VolumeAnalysis
GRM Overseas Ltd is primarily engaged in the business of milling, processing and marketing of branded and non-branded basmati rice in the domestic and overseas market Current price - 195
TF-1M We consider this stock in every dip till 62 Idea got invalid below 51 Targets are 100, 120, 138 (Mid to Long term view) . Only my view. . I am not a SEBI Registered. This analysis is purely for educational purposes only. . If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
Price bouncing from 50 week EMA and crossing 18 week EMA while 18>50>100>200 week EMA is intact price forming an inverted H&S pattern on weekly frame though valuation is expensive , 20 % move is expected target and SL marked
Shilpa Medicare looks set for breaching it's ATH levels 20% away from it's current levels
The price reached its strong resistance in last session, retracement might be a good opportunities to enter as all 3 long term MA now is looking up trend is optimistic
Probably not, but it may continue to trend upward over the long run, interrupted by pullbacks and bear markets. It’s important to note that gold prices have historically been volatile and have fluctuated quite a bit over time. The price of gold, like any other commodity, is subject to the laws of supply and demand. When the supply of gold is low and demand is...
Nasdaq may face resistance around 20100-20500 Nasdaq is up almost 100% from 2023 lows And there are 3 channels are working in Nasdaq One medium term channel is working from 2020 and other 2 channels are short term With the price action there is Weekly RSI that also around the resistance levels. So be caution around these levels. Thank you !!...
Nifty and Bank Nifty on daily chart are showing some weakness, Nifty if breaches 24400 level then we can see a movement to 24800, in shorter time frame (30mins) nifty has shown a strong upside move, which indicate it will move up!! Bank nifty is still lagging behind, it has to move aboe 53300 level for further upside to 54100-200 levels, support is at 51900 level.
stock has corrected 40 % from the highs attractive valuation to add technicals price is at 200 day EMA and horizontal trendline support low risk entry target and SL marked
looking to short BTC upon the retest the highlighted level, which is close to the supply, reason for shorting is the idea to use the sell as hedge when looking for buys later on. i have understanding/clue of why the markets lost it momentum or is continuing with the sell. THIS is low prop SETUP but with good ratios
Valiant organic is falling from last 2.5 years. But from last some days, stock is showing consolidation and also forming a bottom. Trying to breakout. Volume profile says a resistance near 460. Above that stock can show 50-60% upside. Not a buy sell recommendation. Just my observation.
ATGL CMP 891 To increase the probability of a zone we add one more fib extension and pay attention to the confluence zones, Second break of a trendline with a similar angle in the past. Third RSI in the bear zone and below the averages at the zone. All these were present before the stock tanked. Right now the stock is taking support at 38.2%. This is indicating...