This week we have important news: CPI news. Last week's Nofarm newsletter provided indicators that allow the Fed to continue maintaining monetary policy as rising employment data gives the Fed confidence that people can still withstand tightening monetary policy. But with other recent data, the US economy is clearly being adversely affected by the Fed's monetary...
Good Morning Traders, Till the time gold is moving below 2315 we can se more low levels 2300 2380 and 2377. If Gold will break 2315 and sustain above then only we can see 2330 2342 and 2356 Our preference is sell from high, Plan accordingly, Happy Trading 😊
For learning purpose only read the language of chart what would it want to say
S&P 500 index made at triple top on weekly timeframe at 5265 an important level on chart. Thereafter it corrected down for 3 weeks Gann Rule 2/3 weeks correction against the trend. Index did not break the important level of 4940 with the low coming at 4953.56 on 15 Apr 2024 week. Gann wheel shows April 12 as important. Price analysis done on Square of 52. Price...
Heritage food has given good move, around 100% returns in past 12 months. Currently, stock is consolidating and can give good move once breakout of flag is done. FMCG sector is looking strong and it can support the breakout in this stock. Do keep in watchlist.
Dow jones is getting ready bull run. Expect it to touch 43415 - 44071 by December 2024. Bottom has already formed.
Here is the analysis of GBPUSD. You can short this as it took rejection from the major level according to smart money concept. I have provided stoploss and target levels. Do your own analysis before making any decision. Thanks
Breakout if happens from here, The price can move a rapid move upside. This is like spring. Lets See Use your own analysis. Not recommending any buying whosoever is reading this.
Stock has broken important trendline Trading above it. The upside potential is of 2300 - That can be seen as an immediate move. Not a buying Recommendation in any sense. Just FYI Use your own Research and Analysis before buying. Follow & boast for more.
Tatapower trading very near to its ATH. Todays volume shows interest is coming. Any news about power sector can easily push this stock above 500 lvels soon.
Buy LTTS Above 4800. For 2 targets. 1 - 5200 2 - 5580 View For 2-3 months
The has formed a range after very long time which is a good sign for accumlation moreover the stock has been forming cup and handle pattern on the daily timeframe It can be quite benefical for a swing , easy 12 % can be gianed within coming weeks TARGET 1702
Good setup. Came out of 2.5 years consolidation period. Breakout and Retest also done. Fundamentals are also good. Looks like its ready to fly.
The price has formed a Gravestone Doji candlestick pattern on the top of an uptrend. If the low of 23,227 is broken then the probability of a next red candle is high. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The stock is in process of forming a beautiful inverse head and shoulder , the 2 phases are completed and the stock is in the most curcial stage right now which would determine the future trajectory of the stock . There has been increase in FII HOLDINGS in this stock from 15 to 19 % also the fundamentals are pretty satisfactory TARGETS - 296 curcial support 1....
- Largest Home Decor Company in India. - Stock P/E (51.4), ROE (31.4) - Decent Dividend Company (1.4%) - Average Quarterly results, but consistent YoY Growth. Levels are marked in the chart. For educational purposes only. Not a buy/sell advice.
The stock has been forming a range and series of higher highs , the green diagonal trendline acts as a major resistance and has been tested multiple time gradually making it weak and fragile The stock has seen a significant increase in the FII shareholding past 4 quarters which in itself is a great sign Also the profit and sales seen to be on rise like never...
Coal India got listed in Nov'10 and attained an ATH of 447.10. Since then, it had been falling reaching a low of 109.55 in Oct'20. In the process, a falling wedge pattern got created and the scrip broke out of the wedge in Feb'22 rising approx 2.5x from its lows. A 26% rise in ongoing month of SEP'23 indicates institutional participation and...