USDJPY edges higher past 154.00 while making rounds to the 34-year top marked the previous day, mildly bid within a four-month-old rising trend channel early Tuesday. In doing so, Yen pair buyers take a breather at the multi-year high as the overbought RSI (14) line joins sluggish market conditions. It’s worth noting, however, that the bullish MACD signals and the...
there was a weekly resistance that has been broken out and now ITC is ready to go north after too much of correction
Finpipes has formed cup and handle. Stock has bounced from important demand zone and consolidating near trendline. Levels mentioned on chart. Good risk reward according to the levels. Idea shared for educational purposes
After layering multiple fibos, seems Gap Down can be expected on first session of new financial year between range 47060 to 47070 apprx 80-90 points fall before it moves further highs, let's wait and watch the move, Views are completely personal, please DYOR
Dear Friends Ram Ram Ji DLF view for 19.03.2024..... I am just sharing my view with you friends, you can please add your view no this. Regards
After today's massive bloodbath, we've got HINDCOPPER on our radar for next 2-3 weeks. So the view after the bloodbath today, i.e. on 13th March 2024, the view is clear that we're looking for fundamentally strong companies that are available at cheaper valuations. We need to buy companies that are trading at a PE that is lower than the industry PE, that are...
The FASP for Nifty is listed for 13-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
The FASP for BankNifty is listed for 13-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
GBPUSD stays defensive above 200-SMA after posting the first weekly gain in four, making rounds to 1.2680 early Tuesday. In doing so, the Cable pair defends last week’s upside break of the key SMA support, around 1.2660 by the press time, while also edging higher past a one-week-old rising support line, close to 1.2645 at the latest. Not only the pair’s ability to...
AVTNPL is a good company, and its fundamentals are good. A stock from Small cap, which can show a good upmove for next few months. One understand the chart properly to take your trades. Monthly Trendline Support Double Bottom Base creation Daily Timeframe Consolidation Breakout Now watch this ratio chart of AVTNPL and NIFTY 500. Three Major points...
All information given is only for educational purposes. I am not a SEBI Registered analyst. Please consult your financial advisor before investing.
Gold price fades bounce off a two-month-old rising support line, failing to cheer the US Dollar’s weakness, as the 200-SMA hurdle again challenges the metal buyers ahead of the second-tier employment clues from the US. Not only the 200-SMA resistance surrounding $2,040 and the pre-data anxiety, steady RSI and sluggish MACD signals also challenge the XAUUSD buyers....
Muthoot On a Higher Timeframe making significant Higher High and Higher Low Stock rejected from Previous High and came down for retracement. Stock Retested the Previous Breakout level and currently forming a Strong #PriceAction. So the Stock shd move from Higher Low to Previous Swing High then New ATH.
Nazara is a company which develops gaming software. Stock has given good volume breakout from a strong resistance zone. Immediate resistance is 1000 above which stock will fly. As i said, keep this stock in your nazar(watchlist) Risky traders can enter as per my levels for better risk reward. Do follow me if you like my analysis!
A channel breakout on a weekly time frame with great price action in APLAPOLLO. There is an immediate upside of 15% (first target)... The company has good fundamentals and the risk-reward in this swing trade is very good!
The stock is trading at lower prices if you see last month's movements. In the last few days, it formed a double bottom and again came down to lower levels. If reverses from these levels, a bull run may come. The risk-reward ratio is good at this point. 1. If we enter at 940 while considering the stop-loss at 860 - the loss will be 60 points. 2. If prices go in...
USDJPY fades the previous day’s corrective bounce off a five-month low amid sluggish markets on the final trading day of 2023. In doing so, the Yen pair extends the mid-week pullback from 200-SMA even as the oversold RSI (14) and the sluggish MACD signals challenge bears. Also putting a floor under the risk-barometer pair is a 50% Fibonacci retracement of the...
Stock has bounced from strong support trendline. Today, stock has taken rejection from strong resistance of 3200. Possibly, we might see a small correction before next big upmove. Trade can be initiated only if stock is available at levels given in chart.