- Bitcoin has recently shown a great jump and pump because of FED Rate cut expectations - However, the ETF Inflow from Hong Kong and US Asset Managers is not stopping as well - The fundamentals of Bitcoin looks good with no bearish scenario looming over - ETH ETF approval will be a bullish catalyst for the whole market however, bitcoin might go sideways because...
In the past two days, gold has failed to continue the bullish trend and is in a state of range oscillation adjustment. From the daily chart, the stochastic indicator of the daily K fluctuates and rises, and the MA5-MA10 golden cross runs upward, indicating that the golden cross is bullish. At present, KDJ is in a sticky state. From the 4-hour chart, gold is...
Key Points: Price Movement: In October 2020, the stock traded at an all-time low of ₹109.55. Recently, it made a new high of ₹507.35. Trend: The stock has been gradually moving in an uptrend, with the 20, 50, and 100 EMAs being surpassed by the stock price. Dividend Yield: 5.08% Investment Consideration: Coal India has shown consistent upward movement and strong...
📌SWING TRADE FOR NEXT WEEK🚀 Hello Traders⚡ I am a Swing Trader by Passion i only trade on Momentum Stock's. 📌I Post Daily SWING CHARTS Analysis on My Trading view profile.. So let's Start 📌TRADE ANALYSIS OF -BHARTIHEXA- • Potential Breakout Chart • IPO BASE TRADE ...
ZEN TECHNOLOGIES has started making Ascending Channel Pattern in Dec 2023 after 4-5months consolidation. Made a Hammer Candle on 13may on Weekly Chart. Probability of touching 1129 and 1175 from CMP-1009. It touches and upper trendline in the first week of every month, following the same pattern from last 4months, it may repeat the same move. For learning and...
Key Points: Market Cap: ₹29,961 crore Current Market Price (CMP): ₹2,130.05 Average PE Ratio: 44.03 Dividend Yield: 0.40% 52-Week High/Low: ₹2,318.80 / ₹1,357.00 Beta: 0.54 Technical Analysis: Upward Trend: The stock has been moving upward, forming a cup pattern on the daily chart. Support and Resistance: Resistance: ₹2,318.80 Support Levels: ₹2,026.34 and ₹1,951,...
as pharma index trying to break range so stock will also follow to break their range hence torrent pharma will also follow.
Tata Power is making Ascending Channel Pattern at Daily Chart. I found it little late but still have some points to cover. It is following the trendlines since 18jan, made a Hammer Candle on 13may, following 9EMA strategy. There is probability of touching 475 target in a couple of days, which comes to 6% from gain from 447-CMP. For learning and educational purpose only!
Myro Crypto Lifts Off 14%: A Glimpse into Month-End Potential Myro Crypto's trading activity surged, with its value reaching $0.226, marking a 14.52% intraday increase. The rising trends in social dominance and volume indicate a bullish sentiment among investors. MYRO crypto experienced a significant uptick, soaring more than 14% in intraday today. The asset was...
Nmdc is in uptrend correction mode because it is near resistance. If the price breaks above 285 the buy trend starts. Target will be 345. If the price breaks below 253 the down trend will start.
The trades on banknifty were going on perfectly till 14.30. The final hour took out all the profits from the intraday straddles, not just that the algos ended the day in RED. The moves that came in the 2 16mts candles 14.51 and 15.07 were not normal. Yes, we have seen even wilder moves from BN earlier, but today was just stop loss hunting by the HFTs - how else...
Reliance and Infy were the major contributors to Nifty's GREEN show today. This happened at a time when the Banks were taking a huge beating. Finally, it came out good for the bulls as the 22519 resistance is now broken safely. The next target is the ATH and then I am not quite sure how much more we can go from there. Lok Sabha election results are coming up in 2...
this happens to be the 61.8 percent retracement level. Now is the question is the correction over?. May be and may not be. abc correction is over.this correction to 2 nd wave area is c wave. another possibility is that this correction is A wave and last hour bounce is B wave,it is the posssibility not certainity. then again banknifty may fall to 78.6 percent...
In Acc LTD, cup pattern is completed and handle pattern is in progress. The handle formation is happening in the form of flag/ parallel channel pattern. Once the flag breakout happens, quick upmove to the ATH is expected and then a good breakout is expected for the target mentioned in the chart.
Nifty IT CMP-33613 The correction in the index has halted at 38.2% of its swing. With RSI taking support above its bull zone of 40 is a further confirmation of the bull trend being intact. TCS on the other hand has already staged a breakout. Hence these corrections are an opportunity to buy.
Here's why DB Corp. is a hot stock: This stock is at the confluence of strong technical’s and impressive fundamentals DB Corp. smashed earnings expectations in their latest Q4, almost tripling their net profit. The company declared a generous dividend of ₹8 per share. The stock boasts a low PE ratio of 12.3, significantly lower than the industry average of...
As we can see despite the weakness in BANKNIFTY, we saw continued strength from NIFTY and it is likely to stay strong till the election are declared hence we may see few more new highs so plan your trades accordingly.