GALA's price performance was robust until early March 2024, peaking at $0.086279. However, it struggled to maintain these gains, with the bullish trend failing and the price forming lower lows amid a declining trendline. Efforts to sustain gains were evident as the GALA price formed a support level at $0.0384 following a liquidity grab on April 13, 2024. For...
There are 3 tools to identify a Trend Reversal Fibonacci Retracement Indicator: - Fibonacci retracement levels are prices, depicted as horizontal lines on a chart, that indicate where support or resistance could likely to occur. - The indicator is useful because it can be drawn between any two significant price points, such as a high and a low. The indicator...
In previous post clearly analysed that banknifty is bullish and no weakness and today Banknifty made high 52954 near expected target of 3rd wave : achieved 1.618% level now profit booking might follow in form of 4th wave. Today FOMC rate cut news due.. so stay little cautious at higher levels. Disclaimer : study is educational purpose. I am not SEBI registered.
Mphasis is currently forming a promising Cup & Handle pattern on both the weekly and monthly charts, while honoring it's crucial support at around 3000 levels, the MACD is showing healthy momentum, while the RSI remains above 50, indicating strength and room for growth. Traders should consider entering upon a breakout above the handle's resistance, with a stop...
Gbpusd trade idea , lets see tommorow in which direction..... if dxy give bullish move then gbpusd will fall and if dxy give bearish move gbpusd will rise according to me gbpusd can give us bearish moment
Many people have asked me about my view on how the Fed's interest rate cuts will impact the market. I have a few thoughts on this, but please note that these are just my personal opinions and should not be considered as trading recommendations! In the chart, I’m displaying two lines: - Red: Federal Funds Rate - Blue: Unemployment Rate If you look back at...
Price is moving in range for the past few days. Also it is forming rounding top pattern which is bearish. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 51200. Stop Loss : 51120. Targets : 51280, 51360, 51480, 51560 and 51640. Sell below : 50960. Stop Loss : 51060. Targets : 50900, 50820, 50700 and 50620. Check the live market...
Supply Zone update 52288-52377 (Short Entry zone) with 52477 SL .Need to observe reaction for any bearish enrtry (Supply zone + Correction pending)
Technicaly at horizontal and vertical support which I call it as an Eagle Point on the top with good fundamentals.
Good chart Stock at all time high Target 3800 Stop loss 3380 I am just representing my views For educational purpose only.
Adjusted Target of Axis Bank. 𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
Long on gbpusd. It's bullish in daily and weekly Target 50 pips.
Good chart structure Stock has shown a breakout from its consolidation period Target 2610 Stop loss 2558 I am just representing my views For educational purpose only.
Graphite India - leading manufacturers of graphite electrodes, which are essential for electric arc furnace (EAF) steelmaking. Graphite India Limited is one of India's leading manufacturers of graphite electrodes, which are essential for electric arc furnace (EAF) steelmaking. Founded in 1974, the company also produces graphite-related products for industrial...
Forming Triangle structure since 2022 and it breakout this month and price is near all time high. We can enter now or wait for price drop. SL should be 300. Disclaimer: This is for education purpose only
BankNifty Support and Resistance levels on chart based on price aciton on those levels take entries accordingly.
Details: Asset: JM Financial Limited (JMF) Breakout Level: Sustained move above 120 Potential Target: 195 Stop Loss: 110 Timeframe: Medium-term Rationale: JM Financial Limited (JMF) has broken a long-term resistance at 120 after months of consolidation. This breakout suggests the potential for a strong upward move, with a target of 195 in sight. Market...
Lows of candle 10/09/2024 not broken. Can expect a long. Compressed or decrease in volumes since last few days. Expecting a break in trend line with huge volume. SL-595-600.