SBCL has given breakout on longterm (M) chart. Seems Showing v good strength. Seems like it is getting ready for the next round! Keep it on radar
Eth has underperformed the market for a bit It was consistently shot down On a relative performance basis, expect Eth to massively outperform BTC and SOL for the next leg.
NO more talks... observe the chart and try to understand the price action. from my vision ,i am looking for buying opportunity. Now tell me about you?????
Date: 23rd July 2024 Time: 8:13 PM Why GMR INFRA? 1. Despite under 100 Rs Stock , GMR INFRA is continuously in Uptrend for bigger time frame too. 2. Here, we can clearly see that price action has made Flag & Pole Chart Pattern and Breakout too and today it retests the resistance line and sustained those levels. 3. For more support 100EMA is...
13th Sept 2024 / 12:16 PM Why MUFTI ❓ 1. Was Correcting since listed and completed Elliot Correction wave count 5 wave Structure. 2. More Important is after 5th wave it Made Higher Lows and Higher Highs. 3. MUFTI is currently sustaining above 100 EMA which also good sign to stay Bullish. 4. Giving Little early entry before Breakout of Cup &...
Long Term Investment idea samvardhan looks very attractive for the long term perspective SIP at every 10 fall/rise
Potential Multi-Year Breakout: Monthly Timeframe: Month Oct-24 Price, Volume, RSI, Timeframe of breakout & Timeframe of analysis Stock is about to break its all time high (1819.20) it made in Jan'18. Ignoring the wick of the Jan'18 candle since the wick is much larger than the body Volume in the month of Oct'24 is currently (10-Oct'24) NOT above the 9...
Indusind Bank bouncing from double bottom which confluences with BAT pattern reversal zone. Entry around 1350 SL 1320 Target 1390-1400
EURUSD licks its wounds at the lowest level in eight weeks as traders await September's US Consumer Price Index (CPI) data, especially after the previous day’s FOMC Minutes drowned the Euro pair. Bears keep the driver’s seat Apart from the US Dollar’s run-up post-Fed Minutes, the EURUSD pair’s confirmation of “Double Tops” bearish chart formation and a clear...
Market Analysis NIFTY 50 - 10th oct 24 - NIFTY opened 25068 , Nearest SUPPORT - 25053- Pivot , next support 24980- PSY +Trendline of last swing+CP - should breakdown this level for bearish move, Panic and down momentum continues below 24943 , RESISTANCE should start trading above trendline coming from top then 25150,25247 should be confirmed for Bullish...
This trading strategy focuses on scalping Nifty options based on institutional support and resistance zones and executing trades using order flow data. Here's a quick summary of the key points: 1️⃣ Zones to Focus on: 👉Green Zone: Represents institutional support. 👉Red Zone: Indicates institutional resistance. 👉Gap Between Zones: Typically ranges from 100-200...
On weekly chart, the stock is going to break its flag pattern and also taken support at 0.50 on Fibo. One can go for buy after breakout of flag pattern.
UPL CMP 580 Elliott- the ABC correction in this counter is a zig zag and is complete. FIb- the stock is at 50% fib retracement it is also a confluence zone. Hence a strong support. MA- at its longer MA support. RSI- The dip to the bull zone is telling me the intermediate trend has now turned to positive. Even on the daily charts the current dip is above the...
Daily Time frame volume spikes higher highs and higher lows good improving fundamentals growing at 35-40% every qtr since last year Near ATH cmp 805 sl 770 4.5% Target 1080 33% Holding period 2-3 months
Gold is currently moving within a downward price channel. The price is hovering around $2,613.890 after hitting a low of $2,594.184. This level is within a short-term downtrend, as the price channel slopes down. The EMA 34 and EMA 89 are exerting selling pressure, reinforcing the short-term downtrend. However, if gold rebounds from the $2,594.184 support, it may...
Good morning, friends! 🌞 Here are the market directions and levels for October 10th. Market Overview: The global market is displaying bullish sentiment, while our local market shows a moderately bearish trend. A gap-up opening is anticipated today, with SGX Nifty indicating an increase of approximately +110 points as of 8 AM. In the last session, we saw a lot...
The GBP/USD chart shows that further downside is likely. After recording a short-term top at 1.3180, the price has fallen sharply below the 34-EMA and 89-EMA moving averages, indicating that bearish pressure is gaining ground. Currently, the price is approaching a minor resistance zone around 1.3080, which it has tested several times without breaking. If the...
Bank Nifty Current View: Similar to Nifty, if the gap-up doesn't sustain or the market rejects near the immediate resistance level of 51,535, the correction may likely continue with a minimum downside of 78%. Again, confirmation is needed: after rejection, the market should break the lower trendline or the previous day's closing candle. This is our first...