Gold prices hold lower grounds below the 200-DMA so far during the week, backed by downbeat MACD and RSI (14). The recovery moves, if any, also need to cross a downward sloping trend line from April around $1,845, in addition to remaining beyond the 200-DMA level surrounding $1,837, to be appealing to the bulls. Following that, an upward trajectory towards the...
USDJPY remains pressured around a two-week low, despite the latest rebound from 127.50, after the yen pair slipped beneath an upward sloping support line from March-end. The south-run recently broke 100-SMA and is well on the way to the 127.00-126.90 zone comprising 200-SMA and multiple levels marked in a month. It’s worth noting that the pair’s downside past...
.price is consolidating near counter trendline , so we can expect a potential breakout this week .I have back tested these types of pattern & got accuracy around 65-70% with RR ratio not less than 1;2 .Entry possible when engulfing candle near counter trendline. Three targets are mention in chart, gain accordingly Happy trading
Jindalworld coming out of triangle consolidation pattern with high volume RSI above 50 confirming momentum MACD just entering green area, showing market participants showing interest in this stock CMP: Rs 331.1 SL: Rs 294 Target1: Rs 350 Do your own analysis before investing
GOOD RISK REWARD RATIO by short selling intraday target
AUDUSD keeps the bounce off 200-SMA despite mixed jobs report as market sentiment improves during early Thursday in Asia. However, a convergence of the 100-SMA and one-week-old horizontal resistance, around 0.7500, appears a tough nut to crack for the pair buyers. In a case where the pair rises past the 0.7500 hurdle, 0.7540 and 0.7580 may act as intermediate...
bulls need to be cautious now in BTCUSD... as bearish flag pattern formation is going on... As $48300-$48900 is the resistance on upside risk reward is not good on buying side till it breakouts from the flag channel...
BATAINDIA | Looks downside is limited - Can expect bounce CMP : 1396 SL : 1250 Target : 1850 or open 1:3 risk reward setup - Short term pick
EURUSD braces for the first positive week in six, despite recently drop back to a two-week-long symmetrical triangle during early Friday. Given the bullish MACD signals and firmer RSI, the major currency pair is up for crossing the aforementioned triangle’s resistance line, near 1.1105. Even so, the 200-SMA and a seven-week-old horizontal area, respectively around...
ASAHI INDIA is providing a favorable Risk to Reward WEEKLY Breakout Retest + Trendline Support SL can be 385 WCB
Eurchf Shortsetup 15tm with support and resitance let the cndel close below the box
BTCUSDT is Forming Head And Shoulder PAttern levels are mention above good short trade With GoodRISK Reward RATIO
JASH ENGINEERING bouncing from demand zone + taking support from 200DMA + Trendline breakout and re test. Good risk reward for swing trading ( 1:3)
Potential Opportunity as Swing Trade in NSE:MARKSANS Risk : Reward - 1:2 ENTRY - 57.50 TARGET - 64.70 STOP LOSS - 53.80 This is for Educational Purpose only, apply your prudence & consult your adviser before any investing. HAPPY TRADING..... #nse #swingtrade #nifty #marksans #marksanspharma #nifty50 #priceaction #supportzone #trendline #retest...
Potential Opportunity as Swing Trade in NSE:ORCHPHARMA and also predicting positive for long term investment. Technical Analysis Based on Support Line & Fibonacci Retracement SWING TRADE - RISK TO REWARD - 1:3 ENTRY - 366.50 TARGET - 400.50 STOP LOSS - 356.50 This is for Educational Purpose only, please apply your prudence & consult your adviser before any...
This are the levels I’m sharing only for Educational Purpose only . The green area box is Resistance. The module area box in yellow is Flip Zone . The red area box is Support. Above Resistance there are two areas marked with horizontal line. Below Support there are two areas marked with horizontal line. Breakout or breakdown of above happens then you can...
IFB Agro is forming a beautiful rounding bottom on weekly chart. Buy near all supports (Rounding bottom's border).
Potential Opportunity as Swing Trade in NSE:SECURKLOUD Presuming formation of "W - Patten" with a retracing at strong support. If tomorrow's trade confirms with another strong green candle then Bullish rally will form. Risk : Reward - 1:3 ENTRY - 124.50 STOP LOSS - 110.00 TARGET (1) - 147.00 TARGET (2) - 163.00 TARGET (3) - 177.00 This is for Educational...