Gold’s Fall Take A Halt Close To 2305-The Choppy Trap-A Weekly Bullish Bias Gold Price Tracking US Treasury Bond Yields This week, gold prices have closely tracked the movements in US Treasury bond yields. The previous decline in gold prices has paused in 2285-2305 support zone amid a modest weakness in US Treasury bond yields. 18th June 2024 - Running...
1. Liquidity taken from top. 2. Pullback is complete. It for it to move past the ATH now. 3. RRR is favourable. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Gold broke through the triangle convergence range strongly. Today, we should pay attention to the continuation of the bulls. The current watershed of strength and weakness is at the 2350 line. Today is Friday and you need to be careful to guard against profit-taking in the market. Once it falls below 2344, you must be cautious in going long. If it breaks through...
Price is still moving within an upward channel. Zig zag movement makes the trend to change fast. Buy is when the price is taking support at the lower trend line of the channel. Pattern : Channel. Range : Medium. Trend strength : Normal. Buy Above : 23480. Stop Loss : 23440. Targets : 23520, 23560, 23600 and 23640. Sell below : 23380. Stop Loss : 23420. Targets :...
Stock is consolidating from a long time 2011 and form a clear descending triangle pattern, As per wave counts and harmonics we can see 400 in this script when share will sustain above 200
Hi AB Capital is making good ascending triangular pattern on daily time frame and on the verge of giving breakout. If it sustains above 244. Buy for the positional target of 273 with SL of 236. Keep following and sharing ..
Trendline Breakout RSI above 70 and rising Trading above EMA50 Volume spurt Disc: for study, not a recommendation
Bullish sentiment: > We previously discussed that the market is in the 4th subwave. This is still the case, so we expect a range-bound market today. > If the market breaks the range on the upside, we can expect the 5th wave rally. However, the 5th wave is a distribution phase, > so even with an upside breakout, the market might not move significantly. > A sharp...
GBPUSD is on a downward trend, the price fell sharply late yesterday and it is currently trading around 1,266 and sellers have successfully broken the support level of 1,266. The outlook for further downside as the 34 EMA reverses remains stable. Sales strategy is prioritized.
Cochin Shipyard Ltd is the largest shipbuilding and maintenance facility in India. It is part of a line of maritime-related facilities in the port-city of Kochi, in the state of Kerala, India. Of the services provided by the shipyard are building platform supply vessels and double-hulled oil tankers. We recently see a good conslidation in defence stocks and now...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Navinfluor looks ready to cross 3900 it seems. This time with good volume. If market supports then I am expecting Navin to touch 3920 by end of expiry for June.
Tata Motors recently completed a significant ABC correction, with Wace C finishing during the market crash on election result day. A new impulse wave seems to be underway in the stock, where minor wave 4 ended with a flat correction. This sets up a potential intraday trading opportunity with a favorable risk to reward ratio. The chart indicates entry point, stop...
Factor# 1 - Long term support at 505-510 Factor# 2 - Flag pattern since last 8 months Factor# 3 - Inv Head & Shoulder Factor# 4 - Mid term resistance at 600-610 Entry@ abv 600 (Day close) SL@ 540 (Day close) Target 690/750 Always work with risk management. Trading is not a guaranteed profit scheme. Thanks Piyush Gupta Learn & Earn
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Dear traders! Gold price today recorded a slight recovery, the price moved to 2337 USD and in the short term is still supporting this upward movement when from the precious metal analysis chart, it has reached an important resistance level and Get momentum when breaking the trendline. It is expected that after the trend adjustment, the price will continue to go...
The stock has given an 8-year-old trendline BO. If gives a weekly closing today above 155 one can take a positional entry for targets 170/190. This can be a good long term swing as well for 200/225/250 levels. Learn & Earn, Dr. Tanya Kumar