(The chart posted on Monday morning was hidden by TradingView, reposting now) Gold price experienced the largest single-day decline in recent months last Friday, downed by $82. The price stayed within the range of 2320-2360(1) early last week until Wednesday after a disappointing ADP employment figure was released. It cleared the resistance(2) in the Asian...
As we can see NIFTY can be seen taking a halt as we had analysed in our 2 days back post that the market tends to take a halt when a big move is made to confirm the further continuation of upmove or correction. Hence we can expect NIFTY to remain sideways before finally moving big. Any closing above the structure could result in massive strong trend so plan your...
BankNifty remained in a range yesterday and did not make significant moves to touch either the demand or supply zones. The weekly trend (50 SMA) is positive, while the daily trend remains sideways. Support/Demand Levels: Near Small Support/Demand Zone (15m): 49,225 - 49,451 Near Support Zone (15m): 48,801 - 49,055 Far Support Zone (75m): 47,386 - 48,245 ...
Nifty made multiple attempts to cross and sustain above 23,300 - 23,400 but failed due to selling pressure at higher levels. It faced rejection from the supply zone mentioned in the last post and has now created a fresh supply zone at similar levels. The weekly trend (50 SMA) remains positive, while the daily trend is sideways. Support/Demand Levels: Near...
Good morning, friends! 🌺🍬 Here are the directions for June 12th: There are no significant changes in the global and our market. It is still maintaining a moderately bullish sentiment. Today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 40 points. We are going to follow yesterday's sentiments....
Good morning, friends! 🌺🍬 Here are the directions for June 12th: There are no significant changes in the global and our market. It is still maintaining a moderately bullish sentiment. Today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 40 points. We are going to follow yesterday's sentiments....
- Levels are marked in the chart. - Sky is the limit. - Fundamentally & Technically very Solid. - One of the best Dividend paying companies. For educational purposes only. Not a buy/sell advice.
COPX started a bearish Elliott impulse wave on 20 May at $52.9. It is currently in Wave 5, which will end at $41.3 assuming a 1.618 F extension, probably by end of June. This is a fast moving wave. See waves labelled in chart.
- Gave multi year breakout - Good Volume - Good RSI - Fundamentally fine. For educational purposes only. Not a buy/sell advice.
Right now silver is at the bottom of upward tunnel. It is well placed to reach the top of the tunnel by crossing it ATH. I am playing it by buying silver Bees. This is not a recommendation to Buy or Sell.
Tata Steel is expected to go below our demand, Tata Steel should be bought due to demand
BN has given signal for the trend to turn bearish in 15 minutes, I hope I will take a buy stop below here now
A Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of NSE:MAZDOCK Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on weekly...
Hi, NSE:HEROMOTOCO has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry,...
The chart suggest that we might see some good correction in the market in the coming days/weeks. It is not the smartest thing to do by entering into swing longs. however on breakout of the ATH maybe we might see another strong move on the uspide. If not, wait till the next post to catch up on the bottom and to enter swing longs and stocks for long-medium term investments.
Trent is making beautiful chart pattern.....Flag pattern....if croosed 1728 then 1830 is very much possible. It looks standing strong in todays fall so lets see if it can go to 1730,1760,1780,1800,1820.
IRCTC is showing strong bullishness and can touch 640, 660 and 700 in next few trading sessions. Please follow risk management. SL can be placed at 590.
HDFC Bank bullish pattern on chart. Good reversal, can expect gap up on Monday 19th Feb. All levels marked on the chart. Important levels are 1500,1540, 1600. It also formed a double bottom pattern so expect 1700 in couple of months.