With Soda Ash prices falling 14% in China..it could have a spillover effect into India as well. Tata Chem is one of the market leader in Soda Ash. Short below 1060 with Stoploss above 1080 for targets of 1020 and below. A break below the 200EMA and if markets are weak it could lead to a proper fall.
All time new breakout with good volume. first target should be 241 Note : Everything here is Educational Purpose only
Overall the sector is doing well Market and traits of chemicals shall decide if the upside is there or no
Why SUI Failed To Elevate Its Price Higher? From the last quarter of 2023 to the first quarter of 2024, the price displayed magnificent gains of 490%. The run began from $0.3694 to $2.1851. However, Since the end of March, and while entering the second quarter of 2024, the SUI token price violated the uptrend significantly. The lower-low spree reduced its gains...
Upside - Nifty sustains above 25167 then only moves to 25250, 25333 these levels. Downside - Nifty sustains below 25083 then 25001, 24856 levels are possible.
CMP - 411 TARGET – 1800 ⚡️Disclaimer: Any of my posts should not be considered as a Buy/Sell/Hold recommendation. This analysis is for educational and learning purpose only⚡️ Description: A descending triangle refers to a chart pattern used in technical analysis that is characterized by a descending upper trendline and a second, flatter horizontal trendline...
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced their largest outflows since May 1, with net outflows reaching $287.78 million on Tuesday According to , BlackRock’s IBIT, the largest spot Bitcoin ETF by assets, reported no significant flows for the day. On the other hand, Grayscale’s GBTC, the second-largest spot Bitcoin ETF, saw $50.39 million...
Bitcoin open interest (OI) has dropped 12% from $34.7 billion to $30 billion over the past week, which is a net positive considering current market conditions. Rising OI when prices move sideways after a flash crash indicates that more short positions are being opened. Multiple days of negative funding rates after Aug. 5 confirmed the bearish bias. Hence, the...
Condition Buy above only 2491 Now price running 2488.70 Stoploss............2480.....11 pts Tp-1................2498......7 pts Tp-2...............2506......15 pts Tp-3...............2514.... 23 pts overall 1% gain chance oneside move only This level based on Golden Indicator and Education purpose only
After a year of extensive community discussions, Polygon developers announced that the migration of its MATIC token to POL was live. This change introduces POL as the new ticker symbol for the native gas and staking token on the Polygon PoS chain. Exchanges are expected to list the upgraded token. The transition to POL is a crucial component of Polygon’s...
The oil market looks undersupplied despite concerns over weak Chinese demand growth and prospects that Libyan oil production will soon be restored, according to UBS strategists. Based on falling oil inventories, strong demand growth in India and some European countries, as well as disappointing supply growth from some non-OPEC+ nations, market participants...
looks like ramasteel reached a good level to bounce Company has reduced debt. Company has delivered good profit growth of 28.3% CAGR over last 5 years Company is into manufacturing and trading steel tubes and pipes and galvanised iron pipes. Its product range includes MS ERW black pipes and galvanised iron pipes in light, medium and heavy sizes
Strong new order growth propelled India's service sector into the expansion zone for the 37th-straight month, S&P Global reported on Wednesday. The seasonally adjusted India services purchasing managers index (PMI) posted at 60.9 in August, up from 60.3 in July and rising further above the 50-marker that separates growth from expansion, reported S&P Global,...
In its monthly report for August released Thursday by the Cabinet Office, the government said the economy is “recovering at a moderate pace, although there are some areas where it is pausing.” Last month, it said the economy was “recovering at a moderate pace, although it appears to be pausing.” In the April-June quarter, the economy posted a...
In its monthly report for August released Thursday by the Cabinet Office, the government said the economy is “recovering at a moderate pace, although there are some areas where it is pausing.” Last month, it said the economy was “recovering at a moderate pace, although it appears to be pausing.” In the April-June quarter, the economy posted a...
Spot gold GOLD fell 0.8% to $2,473.50 per ounce as of 0928 GMT, having hit its lowest since Aug. 22. U.S. gold futures GOLD dipped 0.7% to $2,505.40. "Gold is under some light pressure this morning in the face of equities’ weakness– this is normal as there may be some selling in case of equity-related margin calls," said StoneX analyst Rhona...