The XAU/USD chart reveals a critical situation as gold prices hover around $2,659.915. Currently, strong support at $2,644.626 is helping to prevent a deeper decline. The EMA 34 and 89 lines at $2,652.357 and $2,618.574, respectively, are also playing a role in supporting the uptrend. The key resistance level to break is $2,683.746. If the price can breach this...
- Bank Nifty is currently trading at 53,043 as of today and is down by 1.5% - Bank nifty took out buy-side liquidity and trapped many buyers but at the same time the market structure looks intact and bullish - Bank has a huge displacement around 52,000-54,000 - Bank Nifty might move after filling the Bullish Fair Value gap which is lying around 52,300-52,600 -...
Price faced resistance at 61800 zone and fall down, now it has formed a double bottom. Pattern : Double bottom, support/resistance. Range : Medium. Trend strength : Normal. Buy Above : 61180. Stop Loss : 61080. Targets : 61260, 61400, 61480, 61560 and 61620. Sell below : 60960. Stop Loss : 61060. Targets : 60860 ,60800, 60720, 60640 and 60520. Check the live...
A symmetrical triangle breakout is a common pattern in technical analysis. Here’s a quick overview: Symmetrical Triangle Pattern Formation: This pattern forms when the price of a stock consolidates, creating two converging trend lines with opposite slopes. These trend lines connect a series of sequentially lower peaks and higher troughs1. Indication: It...
"Welcome to SkyTradingZone " Hello Everyone 👋 I have mention Support & Resistance on graph For ABB India Ltd (NSE: ABB), the stock price recently closed at ₹8,175.001. The day’s range was between ₹7,992.45 and ₹8,194.60
#WONDERLA Trendline breakout in Daily time frame Trading above all EMAs (8/13/55) Buy on Swig high breakout level ie 910 Target will be All time high SL is below 21 EMA Keep on your Rader
#IREDA DAY CHART ANALYSIS *Trading at 50 EMA in a tight range building a base. *RSI started showing - bullish divergence. *Just need volume confirmation for a good swing entry above - 240+ on day candle closing basis with a stop below 215. Target levels are based in fib trend based extension 278,310,375+
in this stock was retracement from EXTERNAL LIQUTITY and now re testing the bullish FVG tgt 560 above
#GAIL Trendline breakout with Good Volume Keep on your Rader SL below the 21 EMA Target Price is 300 keep on radar
Date: 30 Sept’24 Stock: IRCTC Timeframe: Daily chart IRCTC seems to have begun its up move in Wave V of 5 which is heading towards 1225-1275 (30%+ from the current price of 930) as seen in the chart. A more clear target will appear as it moves beyond 1000; in due course of time. Both volume and RSI are gaining momentum. This is not a trade recommendation. Please...
#UNITDSPR United spirits looks good for buying purpose Keep tracking it will be fly like rocket just wait and watch
Pix Transmission Suggesting this share for equity/ long term purchase only (buy-1524) I will update the target & later Note - please invest up 5% only of your portfolio size.... #PIXTRANS - .
#EXIDEIND Trend: Strong uptrend from January to June 2024, followed by a corrective phase. Currently consolidating with signs of a potential reversal. Chart Pattern: Double Bottom pattern with a breakout above ₹490, signaling a possible trend reversal. Candlestick: Strong bullish candle today (+5.42%) with no upper wick, indicating strong buying pressure. Price...
in this stock was retracement from EXTERNAL LIQUTITY and now re testing the bullish FVG tgt 2000 above CHECK MY PREVIOUS CHARTS
#SBIN currently looks promising on the daily time frame, presenting an opportunity to consider long positions around the current market price (CMP) of *793. The overall price structure is bullish, and one can anticipate potential upside levels towards *880 to ₹900. However, a bullish view would be invalidated if the price falls below *760.
National Aluminium Company Limited (NATIONALUM), here are the key levels based on the latest data: Support Levels: ₹190, ₹185 Resistance Levels: ₹200, ₹205 The stock is currently trading around ₹192.201. Keep an eye on these levels for potential entry or exit points.
Tech Mahindra can correct itself due to following technical reason: 1) DoubleTop Formation/ M pattern 2) Swing low are broken 3) On Daily chart trading below 20 EMA On Hourly chart trading below 20 & 50 EMA 4) Tried breakout yesterday failed today marubozu seller on daily candle representing seller's in control 5) Can correct further since...
Exide Industries Limited (EXIDEIND), here are the key levels just keep on your eyes on this stock Support Levels: ₹480, ₹470 Resistance Levels: ₹500, ₹510 The stock is currently trading around ₹494.55