market standing at an important overbought level. Market had reacted aggressively downside whenever it trades above 50000, so its important to take a precise decision at this stages.
EUR/USD 4-Hour Analysis: Potential Bearish Continuation Chart Overview: This EUR/USD 4-hour chart analysis indicates a potential bearish continuation following a recent break of significant support levels and trend lines. Key Points: 1. Resistance and Support Levels: - Resistance: A strong resistance level is identified around 1.08520, highlighted with a red...
Hello Everyone. The market was in a very tight range the today. We had 3 holidays so premium decay and adjustments will happen at start of the day. Let the market settle before going for any trade. The zones marked in blue are previous resistance and support so book profits at these zones. If the market opens flat then we can see continuation of trend. If it opens...
Hello Everyone. The market was in a very tight range the today. We had 3 holidays so premium decay at the start will be huge so do not trade for first 30 minutes, let the market settle. The zones marked in blue are previous resistance and support so book profits at these zones. If the market opens flat then we can see continuation of trend. If it opens gap up then...
Hello everyone! Looking at the chart, GBPUSD is currently moving along the trendline. Despite yesterday’s significant drop, the outlook still favors the bulls as long as the trendline remains intact. However, keep an eye on the trendline's limits. If the price breaks through, it could provide a good entry point for trades. Happy trading, everyone!
if Price goes above green dotted line, we can consider this as Breakout of green channel. By Risking 5000 Rs. we can earn 40000 Rs.
AIA Engineering Ltd The price is getting ready to go higher with a lot of support. EMA,tredline Saport Promoters holding ; 59% Fii : 18% Mutual Funds ; 18% PE : 33 TR : 4400/5300/6400/7400/8150 For educational purpose only. We do not provide any buy or sell advice.
We are evaluating Nykaa stock based on Fibonacci only. As the price has become unable to go down, there are chances of going up for some time. Each Fibonacci level can act as a target when the price is moving up. But waiting for a price breakout is imperative. Promotor Holding : 52% FII Holding : 11% Mutualfunds : 12% Insurance Companies :4.5% PE Ratio : 1513 For...
Trendline Breakout along with horizontal resistance breakout RS has also given trendline breakout RSI also breaking above 60 after hovering in range for sometime High Volume on breakout
4. Lido DAO (LDO) Lido DAO (LDO) from the category of DAO and DeFi; its price has surged significantly by more than 5% in the last 24 hours, and its TVL is also considerably good by being above 33.62 Billion. At press time, the LDO has been trying to rise after forming a pullback in the falling wedge pattern. Now, the coming weeks could exhibit a more...
For education purposes only. Not a buy-sell recommendation.
KRBL (17 June 2024) Breakout of downtrend line with extreme good volumes Bullish harami candlestick pattern at support Disclaimer- This chart is only for learning purpose. It is not for trade
Last week we observed that US inflation indicators showed signs of cooling down. - Wednesday's CPI dropped from 3.45 to 3.3% - PPI index decreased -0.2% Inflation indicators decreased while economic indicators were negative - As the unemployment rate and unemployment benefit application rate increase This shows that the Fed's monetary policy is effectively...
Nifty and Bank nifty have been trading in the range for last whole week. It was due for a sideways movement after a massive movement in the Election result week. Nifty above 23550 level will open for a new zone and head towards 23900-24200-24800, down side is majorly capped as of now till 23200-23000 level. Bank nifty above 50500 will open doors for...
HCC is one of the oldest infra stock of India showing some change in fundamentals which is visible clearly on chart. A weekly closing above 50 can open big targets for stock. A risky bet for multibagger returns.
1. Convex Finance (CVX) CVX ranks in the category of DeFi; its price has surged significantly by more than 48% in the last 24 hours, and its TVL is also considerably good by being above 1.337 Billion. At press time, the CVX has traded out of the falling wedge pattern with an epic breakout with a 154% surge in the last 4 days, where the price has formed a...
There are chances that nifty can give the great sell trade *Reasons for trade 1) price over buyed 2) There is rsi divergence on 1 hr timeframe 3) moving inside a channel pattern 4) price is going up but volume is contiously decresing # make sure you set your own stoposs #one can take trade ones market start breaking download ...
NSE:ATAM Atam Valves Ltd. manufactures and supplies valves, fittings, steam traps, and strainers. Its products include flow indicators, auto injectors, industrial valve, globe valve, relief valve, horizontal check valve, and allied products. The company was founded by Vimal Parkash Jain in 1982 and is headquartered in Jalandhar, India. Timeframe: Day chart🧐...