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...
The behavior of gold around the 20-Day line, along with the bull breakout of the triangle, the accompanying long-term bull trend breakout to new record highs, followed by a minor pullback that holds above key support, are all bullish technical signs. They point to an eventual continuation of the bull trend
In this latest upward cycle of the silver market, Fed interest rate moves are playing an oversized role in pumping up silver prices. In early July, as analysts factored in the rising potential for interest rate cuts in the remainder of 2024, silver prices were once again testing May's nearly 12-year high.
Date 06.05.2024 Beml Land Assets NSE: BLAL Timeframe : Day Chart
Fluorochem : Good trendline breakout and resistance breakout observed Currently at resistance, need to sustain 3900 levels for upmove
05-09-2024 13:55. Trade entry @ 634. Stop loss 610
Sep 6, 2024 On Aug 14, 2024, we had posted our analysis on Bank nifty, as shown in the chart below: Banknifty reversed exactly from the zone we had marked. Current down move could possibly be Wave X or Wave 2. Share the name of the stock you're interested in, and we'll be more than happy to conduct a thorough analysis for you. Disclaimer: We are not...
Stock has broken out Once cross 815 can surge fast 840 ce oi sl 792
Observation only- NOT FINANCIAL ADVICE - Simple funda - Best exposure to pure credit card growth in India, through a subsidiary of India's largest bank. A quasi state owned credit card company. Breakout above previous support (and now resistance) in price along with a close above 325 day SMA will make it a buy - all levels given on charts
NSE:BANKNIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 51254-51144-51050 ❇️ Resistance : 51400-51515-51640-51750. 👉🏻 PURPLE LINE : 51400 is a key level, above buying, Below selling. 👉🏻 @thetradeforecast 🇮🇳
The stock is in an overall uptrend The overall volume shows a bullish strength in the stock A small rising wedge pattern is visible in the chart There is a breakout coupled with a sharp surge in volume and atr For a short term trade, tgt 223, sl 191
TataSteel is trading in the demand zone of 150 levels. If it takes support around 20 EMA we can expect next levels like 155, 170. Long term target: 210.
As shown in chart ETH might have completed five impulses and ABC correction is unfolding. 5th wave was failed so we may see deep ABC correction upto the range 2000-1700. C wave may see triangle and complex as shown in chart because the 2nd wave of the "C" wave was Simple. 2600-2700 is resistance zone if eth hold resistance 2700 , we may see lower levels...
Ashoka : Descending Triangle breakout Done Looks Strong, Long only above 285 with immediate support at 272
Now after a brief fall expecting nifty to remain sideways in coming days As few sectors are still bullish they may not allow Index to fall further View changes below 24850 or above 25200
This stock has been in consolidation between 650 - 700 levels for a long time. It has strong resistance around 790. Volume spurt confirms the bullishness. If 20 EMA crosses 50 EMA decisively, we can make an entry. However, we can expect some selling pressure in the stock in next few sessions.