This is a classic example of a head and shoulder pattern with massive selling volumes which shows the selling pressure on this stock. This has to be short if it breaches the support levels with a good selling volume.
NSE:FEDERALBNK looking good for reversal after correction. Closed just at Resistance zone. If sustains above resistance which is 190-192 can show Positive move till 195-198 in very short term. above 198-200 zone stock will head towards new life time high and 1st levels will be 215-220. very Short term support is at 187-188 and mid term support is 182. No buy...
the stock has tested the 1815 level 11 times on daily timeframe. now tock is consolidating in a tight range . if it retraces to 1815 level for retesting can give a excellent risk to reward ,the target can be 1930 level.
Gold prices are skyrocketing; will they hit the $2,700/ounce mark? Hello everyone, Alisa here! How are gold prices doing this Wednesday? Let’s explore together! Today, global gold prices continue to soar, reaching a new peak of $2,662/ounce. The continuous rise of this precious metal is driven by expectations that central banks will continue cutting interest...
Stock :- Tata steel Trend :- positive Setup :- sideways breakout Timeframe:- daily Buy :- at current price or retesting support Stoploss :- previous candle of breakout low Target :- 10% NOTE :- PLEASE CONSULT YOUR ADVISOR BEFORE INVESTING IN STOCKS WHICH I RECOMMENDED
Trade setup Looks good above 54200. Immediate support at 53800 and 53350
Good morning, everyone! 25th Sept. 2024, Wednesday As we analyzed yesterday, NSE:NIFTY needed a little correction, and the chart confirmed this by forming a Doji at the top. Now, the high and low of this Doji will decide today's trend for the index. If the high of 25025, which is also the resistance for the day, is broken, we may see a further upward rally....
Vertoz Ltd extended Correction wave completed. RSI trendline is about to give breakout in weekly timeframe. Exited channel but High volume in current week. Weekly RSI above 55. Debtor days reduced and company expected to give good quarter. Stock is overvalued and definitely not for long term. Look at promoter holdings from last year. Wild swings in holdings....
flag pattern breakout. and ready to cross 20 sma on the falling zone
In the context of the global economy witnessing major adjustments from central banks, gold prices continued to experience a spectacular week of price increases, reaching a new record high. The main reasons were the weak dollar and the continuous decline in US Treasury bond yields, combined with the tense geopolitical situation between Israel and Hezbollah. At the...
Just like I posted yesterday, the market was trading rangebound between the support and the resistance levels that I mentioned. Today doesn't seem to be any different. The range for today will be 25,876 to 26,054 American and European markets closed positively yesterday and the Asian markets are trading in positive territory this morning. GIFT Nifty is trading...
Expecting short as per 4hr internal liquidity taken and market price in 4hr supply zone
BTCUSDT is continuing its strong uptrend, currently trading around $63,590. In the short term, the bullish momentum is clear, with the trendline, EMA, and other technical factors all supporting the buyers. Personally, I favor a buy strategy with a take-profit target at $65,000. You can consider buying now or waiting for a price pullback to the trendline for a...
XAU/USD is climbing strongly, supported by two solid "fortresses" of EMA 34 and EMA 89, as buyers proceed cautiously after reaching a new peak amid mild overbought conditions. The biggest challenge now is the resistance at $2632 – if breached, the bullish momentum could accelerate further, unlocking the potential to reach new highs. The “winds” from upcoming...
1. Multiple Supports at 600 2. Observe to beat 630 3. Near Target 800 4. Can pick up at channel bottom if falls Booming Sector
Nifty can take a retracement.. as the 26k touched and expecting profit booking..
1. Symetrical triangle breakout 2. rsi breakout 3. positive news for the sector due to china 4. a strong marubozu at the breakout A dip around 9600 or Partial buy now can be a good option
BINANCE:DYDXUSDT BINANCE:DYDXUSDT.P #DYDX DYDX is up 6.9% after a strong bounce off the support zone! 🚀 Breaking above the trendline, it’s now targeting the $1.19 resistance zone. With increased volume and bullish momentum, this could be the start of a larger rally. Keep an eye on this move! 🔥 #CryptoReversal #BullishBreakout