The 4H chart of AUDUSD shows the price facing a significant resistance zone around 0.67415, where the EMA 34 acts as a dynamic resistance. EMA 34 and EMA 89 play crucial roles in the short-term trend, with the price fluctuating between these levels and possibly facing downward pressure if it fails to break through the resistance. A key support zone is clearly...
Date 06.09.2024 Balaji Amines Ltd NSE: BALAMINES Timeframe : Day Chart
SBICards has been underperforming since last few years. 700-730 has proven to be a strong demand zone for the stock historically and looks like history is getting repeated. 950-1000 is a strong supply zone. Once it is broken, we can see this stock fly to new highs. Currently, stock is a perfect example of buy low, sell high.
Nifty from April 2023 to till now uptrend. 3 impulse waves range is 3500 - 4200 - 4200. 2 corrective waves range is 1350 - 1800 Now 3rd corrective wave will form!! Expecting Downside Target of 23900, 23400, 22700. Almost 1500 to 2000 points 3rd corrective wave will form!
Fundamental Analysis Gold prices attracted some buyers for the third straight day on Friday and traded near weekly highs heading into the European session. However, the gains lacked bullish sentiment as investors opted to wait for the release of the key US Non-Farm Payrolls (NFP) report before placing any fresh bets. Meanwhile, rising bets for more rate cuts by...
"Welcome to SkyTradingZone " Hello Everyone 👋 For Bajaj Finance (BAJFINANCE) on a 4-hour timeframe, here are the key levels to watch: Support Levels: ₹7,200 ₹7,000 ₹6,800 Resistance Levels: ₹7,500 ₹7,700 ₹8,000
Happy learning with trading. I just shared my view. If correct give me one like. If not correct me. Points to Note: 1) from support trendline 2) parallel channel 3) good volume Disclaimer: I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible...
September 6, 2024 On Sep 4, 2024, we had predicted an upside move in Asianpaint. From Fib level 61.8% (Rs. 3224), Asianpaint is today trading at Rs. 3283. And this is happening even as Nifty came down by around 400 points in the past 2 days. Share the name of the stock you're interested in, and we'll be more than happy to conduct a thorough analysis for you....
"Welcome to SkyTradingZone " Hello Everyone 👋 For ICICI Bank, here are the key support and resistance levels: Support Levels: ₹945 ₹900 ₹1,100 - ₹1,090 Resistance Levels: ₹1,050 - ₹1,200 ₹1,160 - ₹1,200 These levels can help you identify potential entry and exit points for your trades. If you need more detailed analysis or information on other stocks
"Welcome to SkyTradingZone " Hello Everyone 👋 As of September 6, 2024, HDFC Bank's (HDFCBANK.NS) support and resistance levels are ₹1641.87 and ₹1649.77. If the price crosses the support level, it could indicate a bearish movement, while crossing the resistance level could indicate a bullish movement. Support and resistance levels are specific price points on...
"Welcome to SkyTradingZone " Hello Everyone 👋 Support and Resistance Levels: Identify recent highs and lows to determine where the price might encounter resistance or find support. These are crucial for predicting potential reversals or breakouts. Trendlines: Draw trendlines to visualize the current trend direction. Trendlines can help you spot trend...
"Welcome to SkyTradingZone " Hello Everyone 👋 Resistance Levels: 2,550: Recent high where the price has faced selling pressure. 2,600: Previous peak or a significant price level where selling has occurred. Support Levels: 2,400: Recent low where the price has bounced back. 2,350: Previous low or consolidation zone where buying interest has been observed.
Sep 6, 2024 In our last post on Sep 4, 2024, we had opined that to move up, Nifty needs to break the previous All-time high. Based on Bollinger bands analysis, we also posted that buyers appear weak and upside momentum appears sluggish. Today’s daily candle is currently trading below the low of yesterday’s candle. If today’s candle closes below yesterday’s...
The Non-Farm Payrolls (NFP) report is a monthly US labor market indicator that measures the number of jobs added or lost in the previous month. The NFP report is released by the Bureau of Labor Statistics and is usually available on the first Friday of each month. The NFP report is a significant economic indicator that can have a big impact on the global...
overextended above +2 standard deviation, hitting resistance as well; too sharp an upmov to break out of this resistance level
Entry @ 24880 to 920 SL 24800 Target 25140 (B) and 25350 (C) Final Target 25700 to 740 Ratio 1:5 and 1:10 SL 1Hr candle close only, Target Trigger Price All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and...
Analysis of the XAUUSD gold trading trend for the European-American session on September 6, 2024: Currently, the gold price is in a sideways range of 2500 - 2530, and the trading trend will be determined once this range is broken. However, in the long term, the gold price is still in an upward trend. This could be an accumulation zone aiming for a price of 2700...