Crude Oil struggles to defend the previous two-week uptrend early Monday, after reversing from a seven-week high on Friday. Even so, a 13-day-old rising support line restricts the black gold’s immediate downside to around $80.30. Also challenging the energy sellers are the bullish MACD signals and upbeat RSI (14) conditions, not overbought. However, the looming...
Bank of Maharastra is currently making a Rising wedge pattern. It is also making a shooting star at the upper line of the wedge signifying selling pressure.. The price if breaks out of the rising wedge in coming weeks can drop to 55 levels where it has support.
Analysis Date: June 24, 2024 Marksans Pharma Stock Analysis: General Trend: The stock was in range for years, the previous monthly high for Marksans Pharma was Rs. 115 in August 2015. According to Elliott Wave theory, this marked the completion of Wave 1, followed by a correction and completion of Wave 2 on March 2020 and entered Wave 3. A breakout above...
Multi year breakout with good volumes. This breakout occured after a good consolidation.
Cup pattern breakout with good volumes. This is a multi year breakout with good volumes. Watch closely as NBCC appears poised for further gains following this breakout.
All that Glitters is not Gold. DXY is the one to watch as it approaches 106.00 One more failure of it? may be. What if it breaks and moves past 106.00 The cue and clue is Euro. A potential H n S, shake it to believe it? If that neck- is offered as the line of break. We can take solace in French by Merci, thank you. Welcome to the world of Par...
NIFTY Levels for Today Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly,...
Nifty is trading near rejection zone. Sell Nifty @ 23650 - 23670 for 23570 and lower marked levels on the chart until 23730 is intact on the upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....
Not much in the news, everything in the price. Just the slip and news and shock of Aus defeated by Afghan, The rounding top or the inverted cup and handle, pushes price action to the lowest area of support. The big picture trendline support is lurking to life line. It is also in the area of Mid Bollinger Band. We have seen this before and many times in...
Nifty will be gap down opening in today's session. After opening nifty start trading Below 23430 level and then possible downside rally up to 23310 in today's session. in case nifty trades Above 23480 level then the upside target can go up to the 23600 level.
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 51450 level then possible downside rally of 400-500 points upto 51050 Level & this rally can can extend another 400 points if market gives breakdown 50950 level in todays session.Any Major upside only expected in case banknifty starts trading above 51550 level.also possible...
Good morning, friends! 🌺🍬 Here are the directions for June 24th: The global market is showing a moderately bullish sentiment, based on the Dow Jones. Our local markets are also maintaining this moderately bullish sentiment. However, today, the market may open with a gap-down start, as indicated by GiftNifty, which shows a decrease of 75 points (as of 8:00...
Good morning, friends! 🌺🍬 Here are the directions for June 24th: The global market is showing a moderately bullish sentiment, based on the Dow Jones. Our local markets are also maintaining this moderately bullish sentiment. However, today, the market may open with a gap-down start, as indicated by GiftNifty, which shows a decrease of 75 points (as of 8:00...
Looks a day of down. Cues are neutral to negative. Lots of whispers and noise around the GST and budget proposals. Then there are concerns on some funds doing the front running, what is new. These things do happen all the time, at the height of the bull markets. This time is different. When chasing becomes the only art and not valuation and markets continue...
SIRCA took support and bounced back with a significant bullish candle. This support level was once a weekly breakout point. Additionally, SIRCA found support on a long-term weekly trendline and rebounded strongly. Furthermore, SIRCA has recently confirmed a breakout from a short-term trendline. These technical developments suggest potential bullish momentum...
The stock has experienced a trendline breakout. This trendline has consistently produced higher highs throughout its duration. Additionally, there was a breakout from a cup pattern accompanied by significant volumes. These bullish technical signals on the weekly timeframe indicate potential for further upward movement. Keep an eye on the stock's performance for...