WIPRO breaking inverse h&s reversal pattern with huge volume,strong rsi #target 580 soon educational idea
Hi, BAJAJFINSV is making symmetrical tringle pattern after along consolidation. Support is 1520 and target as per pattern is 2660.
The National Committee for Transmission (NCT) has recommended transmission projects worth ₹22,540 crore for the Ministry of Power's approval, marking a significant push towards enhancing India's power infrastructure. Genus Power known for manufacturing and supplying power infrastructure equipment, including meters and other electrical components. Genus could...
if UPL crosses 60 RSI. We have a 3 frame target of 746 in 2 quarters. PE is negative so caution suggested. Pure technical call. Please look for fundamentals.
On the weekly time frame, gold is in 5th wave , Let's count the wave inside the 5th wave on the daily chart. 1st wave: $1609 to $2068. It looked like a springing bounce. 2nd wave: $2068 to $1810. It was a deep correction between 50-60% of wave 1. 3rd wave forecast: 261.8% of wave 1 is @ $2997. Inside the 3rd wave, I have labeled waves in a green color. 5th...
BSOFT CMP 666 - Traders & Investors Fibs- The stock rallied from the lows of 560 to 756. Two imp points to be noted. First the stock halted at 61.8% of the fall indicating that weakness still persists. Second the RSI halted in the bear zone. Elliott- the curent rally will halt again a the 756 zone and form a Flat corrective pattern which will is denoted as...
☘️Fundamental Analysis Gold prices lost steam amid a modest recovery in the US dollar (USD) on Wednesday. However, escalating geopolitical tensions in the Middle East could help limit losses. In addition, US Federal Reserve (Fed) Chairman Jerome Powell's speech at the Jackson Hole symposium last week, signaling that it was "time" to start cutting interest rates,...
The 200 dma is providing resistance on 1 day chart, the upward rally has been sharp, stock is in downtrend. This shows opportunity to short stock
MCX:CRUDEOIL1! Good to short below 6440. (Wait for 5mint candle to close below 6440) Targets :- Level 1, 6370 Level 2, 6340 Level 3, 6300 Achievable targets are mentioned in chart as well 👉🏻@thetradeforecast 🇮🇳
Hindustan Unilever Ltd. @ 2777 Sector: Household & Personal Products Strong Performer Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators 52 Week High 2834.95 52 Week Low 2172.05 All Time High 2859.30 All Time Low 100.50 Book Value Per Share 217.99 Dividend Yield: 1.5 Sector...
Here is my plan for this counter Trend: Stock is in an uptrend within an upward channel. Pattern: Rounding Bottom: Formed within the upward channel. Triangle: A consolidation triangle on the right side, suggesting a potential breakout. Price Action: Near the apex of the triangle; potential for a breakout. Momentum: Bullish momentum as the price is...
HAMPTON 30 is very Nice looking buy not sell buy recommendations only education purpose
The Floki had an interesting price action on the daily chart in its first quarter. The price had peaked first at $0.000301, after which it dipped and formed support at $0.000111 demand zone by mid-April 2024. The FLOKI displayed effective bounces from the demand zone, where it blasted off again and built a new ATH of $0.000348 by June 5th, 2024. however, the...
Symbol - BSOFT BSOFT is currently trading at 565 I'm seeing a trading opportunity on buy side. Buying BSOFT Futures at 565 Holding with SL of 545 Targets I'm expecting are 590 - 618 - 650 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
GBP USD had form negative diversion. Also, at crucial level of strong weekly resistance level It will be positional and conditional sell if it breaks trend line
LXCHEM is Good 308 sell & buy recommendation educational purposes only"
Ambuja cement will break if 615 Target 550 Sl 620 OR If ambuja break the resistance 622 CMP 623 Target 1:650 Target 2 665 Target 3 670 Sl 615
retracement has done and taken support at previous levels and consolidating. could be a bounce back above 1360. making in watchlist for entry above 1360 on eod CLOSURE BASIS for targets 1445,1490, 1651, 1800. On entry my sl would be 1265. this is my dairy and not an invite to trade. Please do your own due diligence before investing