Let's recap the gold prices from last week and strategize for the upcoming week. Overall, there was no surprising volatility in gold last week, as it adjusted from 2400 to 2338. This decrease followed the expected cyclical pattern in gold's movement, so there is no immediate reason to worry about this metal. In the past couple of days, gold has once again...
Bitcoin Cash: Path to Recovery or Persistent Downtrend? Bitcoin Cash loomed 4.83% in a week, but analysts expect bulls to take over soon. The low volatility shows stability however decreased volume inflow has been a concern for the bulls. The recent market downturn has impacted many altcoins, including Bitcoin Cash, a hard fork of Bitcoin. The crypto experienced...
NSE:GRASIM Stock closed above ATH on 28th March 2024. If drawing Fibonacci Extension taken into account of recent High and Low then the 1.618 Fibonacci Extension level comes near 2358 level. Long Position may be initiated at CMP with Trailing SL 2240 for 1st target near 2358 and 2nd target at 2.618 Fibonacci extension level near 2500.
NSE:FLAIR Stock closed above recent high nea 290 and expected to touch 308 - 315 resistance level. If it closed above 315 level on weekly basis then it is expected to touch 365 level. If trade is initiated near 290 - 294 level then the Trailing Stop Loss can be placed below 273. If trade is initiate above 315 then Trailing Stop Loss can be placed below...
Amidst the market's overall downturn, Hedera Cryptocurrency is showing signs of a swift comeback from its recent steep decline. At the time of writing, the HBAR crypto was exchanging hands at $0.108 recording an Intraday rise of 2%. The broader market took a hit yesterday dragging lower most of the cryptocurrencies including the major ones like Bitcoin and...
NSE:HEROMOTOCO Descending triangle is being formed and break down of support of 4350 may lead to short target near 3750 level.
Global gold prices have continued their upward trend, with gold prices reaching $2,360/ounce. This is the strongest increase in 5 weeks, as more and more investors expect that the US Federal Reserve (Fed) will soon adjust monetary policy towards loosening. This optimism is further reinforced by recent economic data, which shows a slowdown in the US economy,...
hzl long -price expected to go to 161.8 % Price is in 3rd wave and it is expected to go mininum 161.8% of extention. I will look to go long and buy everydip till the achivement of target and than onwards according to price action.
NSE:TRF ✅ #TRF trading above Resistance of 610 ✅ Next Resistance is at 808 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not...
As you can see , we could get opertunity in Gold for sell side ,if the price break below the level of price i marked ,and we could enter the trade . Risk to Reward :- 1 : 3
#ETH/USDT pair has recently formed a double bottom pattern, finding significant support within a crucial trend box area. This pattern suggests a potential reversal of the previous downtrend and signifies a bullish sentiment in the market. With the double bottom formation in place, Ethereum is likely to experience upward momentum, aiming to retest the $3000...
NSE:HPL ✅ #HPL trading above Resistance of 396 ✅ Next Resistance is at 532 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is...
Good volume build up in weekly time frame. Cup and handle breakout successful with good candle. Wait for retest for conformation. NOTE: i do my analysis, do yours before trade.
Breakout conformed with good volume in daily time frame of rising wedge pattern. Wait for retest conformation. NOTE: I do my analysis, do your before trade.
NSE:RELIANCE Wave 2 retraced 30% of Wave 1 Wave C achieved Equality to A Mostly Wave 2 Bottom in Place. Wave 3 Rally shall commence.
2345 Is Going to be the Zone. If Respected Then 2230 Zone or 2265 Zone could be tested in Coming Weeks.. If Broken Then 2395 Zone could be tested in Coming Weeks.. 3 Possible Scenarios Planned Out.. A - Green B - Yellow C - Red In terms of Probability B>C>A This Looks More Likely. Share Your Thoughts in Comments section.
Elliott Wave is a such an amazing scientific method, if you apply them & be humble & open to what market tells you, you are going to be rewarded like catching all the waves. Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. ...