🔊 IOLCP - Ready for Stage 2 Breakout IOLCP - IOL CHEM AND PHARMA LTD ⌛Duration - Short Term (3 month to 6 month) 📊📈 Trade Logic - Ready for Stage 2 Breakout CMP - ₹516.25 Time Frame - Weekly 🎯Target 1 : ₹630 🎯Target 2 : ₹705 🎯Target 3 : ₹855 🛑 Stop : ₹430 🏆 Risk/Reward Ratio (1: 3) Disclaimer: The stock information shared above is not a recommendation to...
Good morning, friends! 🌞 Here are the market directions and levels for September 13th. Market Overview: Global markets are showing a moderately bullish trend, as indicated by the Dow Jones, and our local market has a bullish sentiment. However, today, the market may open with a gap-up, as SGX Nifty is indicating a positive move of around +40 points at 8 AM. In...
Current View: If the market opens with a gap-up, it may face rejection around the previous high. If this happens, it may enter some consolidation between the previous high and the 38% Fibonacci level to the downside. This is our first variation. Alternate View: The alternate view suggests that if the gap-up doesn’t sustain, it may find support around the 38%...
Chinese markets good for metals, RSI indicating oversold territory
NIFTY Levels for Today Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly,...
BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....
The USDJPY chart is showing a strong downtrend after reaching a peak in July. Currently, the price is trading around 142.67 with a clear descending wedge pattern forming. Strong resistance lies at 147.537, while the projected downside target is 135.492. The EMA 34 and EMA 89 both indicate a downward trend, confirming selling pressure. In terms of news, U.S....
Buy and hold as per your risk apetite target of 900-920
Name - BHARTIHEXA Pattern - Cup and Handle breakout Timeframe - Daily Volume - Average Cmp - 1291 Target - 1509 SL - 1238 Always welcome for any comments with your feedback or give it a like if you find it useful.
Nifty set a new ATH yesterday and hopefully, the price action shows a little more upward movement is possible. A possible long position for a small move on the upside can be traded. Note: For educational and paper trading purposes only.
On Thursday, BankNifty decisively crossed the 51316 level (61.8% FIBO mentioned in previous posts) with strong volume, reaching a high of 51878.10 before closing at 51772.40, gaining 762 points. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways. Support Levels: Near Demand/Support zone (15m): 51514.55 - 51613.95 Near...
Vaishali Pharma gave good rounding bottom pattern breakout on daily chart. This stock is from pharma sector and the pharma sector is currently in good momentum. It has potential to give 20% to 30% return in 4 to 5 weeks. So keep watch on this stock. The target level provided are based on Fibonacci retracement levels which is ₹223 ( 1.33 retracement level) as 1st...
Name - CYIENT Pattern - Cup and Handle breakout Timeframe - Daily Volume - Good Cmp - 2118 Target - 2471 SL - 2057 and 1939 Always welcome for any comments with your feedback or give it a like if you find it useful.
Name - PRESTIGE Pattern - Symmetrical triangle Breakout Timeframe - Daily Volume - Avg volume Cmp - 1884 Target - 2491 SL - 1873 or low of the Breakout candle - 1775 Always welcome for any comments with your feedback or give it a like if you find it useful.
Hind copper is following the Fib classical retracement and trendline
Gold is currently trading around its all-time high near 2,570 USD after a strong rally fueled by rising expectations of a significant Fed rate cut. The 34 and 89 EMA lines show that the upward trend is still intact, though a short-term correction is possible. Key support levels lie at 2,501 USD and 2,521 USD, where investors may find buying opportunities. Gold...
On Thursday, Nifty hit a new All-Time High of 25433.35 and closed at 25388.90, gaining 470 points. The weekly trend (50 SMA) remains positive, and the daily trend (50 SMA) has turned positive from sideways. Support Levels: Near Demand/Support Zone (15m): 25444 - 25270 Far Demand/Support Zone (75m): 24885.15 - 25072.55 Far Demand/Support Zone (75m): 24678.80 -...
XAUUSD in ABC corrective wave where wave B retaced 100% of wave A.. and took lot of time to complete. now expecting wave C to take lesser time to complete. Wave C down in progress where minimum target of 2502 low made.. important support zone to watch is 2504-2500. if broken than more down side possible 2490-85 Will be looking for buying opportunity if bullish...