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Copper MCX Future Intraday Technical Chart Analysis 3 Oct., 24📈 Copper MCX Future Intraday Technical Chart Analysis 📅 Date: 3rd Oct., 2024 📊 Range Trigger Point: 856.60 📉 Day Range: 13.50 🟢 Buy Above: 857.09 💼 Average Position: 855.50 🎯 Buy Target 1: 864.94 🎯 Buy Target 2: 870.10 🔵 Stoploss: 852.59 🔴 Sell Below: 853.91 🎯 Sell Target 1: 848.26 🎯 Sell Target 2: 843.10 🔵 Stoploss: 858.41 ✨ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! 🚀❤️ #Copper #MCX #Intraday #TradingSignals #TradingTips #CopperFuture #Commodity #Trading
MCX:COPPER1!
by NumroTrader
Silver MCX Future Intraday Technical Chart Analysis 3 Oct., 24📈 Silver MCX Future Intraday Technical Chart Analysis 📅 Date: 3rd Oct., 2024 📊 Range Trigger Point: 91375 📉 Day Range: 1540 🟢 Buy Above: 91812 💼 Average Position: 91630 🎯 Buy Target 1: 92327 🎯 Buy Target 2: 92915 🔵 Stoploss: 91298 🔴 Sell Below: 91448 🎯 Sell Target 1: 90423 🎯 Sell Target 2: 89835 🔵 Stoploss: 91962 ✨ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! 🚀❤️ #Silver #MCX #Intraday #TradingSignals #TradingTips #SilverFuture #Commodity #Trading
MCX:SILVER1!
by NumroTrader
Gold MCX Future Intraday Technical Chart Analysis 3 Oct., 24📈 Gold MCX Future Intraday Technical Chart Analysis 📅 Date: 3rd Oct., 2024 📊 Range Trigger Point: 76526 📉 Day Range: 892 🟢 Buy Above: 76408 💼 Average Position: 76303 🎯 Buy Target 1: 77077 🎯 Buy Target 2: 77418 🔵 Stoploss: 76111 🔴 Sell Below: 76198 🎯 Sell Target 1: 75975 🎯 Sell Target 2: 75634 🔵 Stoploss: 76495 ✨ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! 🚀❤️ #Gold #MCX #Intraday #TradingSignals #TradingTips #GoldFuture #Commodity #Trading
MCX:GOLD1!
by NumroTrader
Natural Gas Intraday Technical Chart Analysis 3rd Oct., 24📈 Natural Gas MCX Future Intraday Technical Chart Analysis 📅 Date: 3rd Oct., 2024 📊 Range Trigger Point: 243.50 📉 Day Range: 9.40 🟢 Buy Above: 243.31 💼 Average Position: 242.20 🎯 Buy Target 1: 249.31 🎯 Buy Target 2: 252.90 🔵 Stoploss: 240.18 🔴 Sell Below: 241.09 🎯 Sell Target 1: 237.69 🎯 Sell Target 2: 234.10 🔵 Stoploss: 244.22 ✨ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! 🚀❤️ #NaturalGas #MCX #Intraday #TradingSignals #TradingTips #NGFuture #Commodity #Trading
MCX:NATURALGAS1!
by NumroTrader
Crude Oil Future Intraday Technical Chart Analysis 3 Oct. 24📈 Crude Oil MCX Future Intraday Technical Chart Analysis 📅 Date: 3rd Oct., 2024 📊 Range Trigger Point: 5935 📉 Day Range: 471 🟢 Buy Above: 5868 💼 Average Position: 5813 🎯 Buy Target 1: 6226 🎯 Buy Target 2: 6406 🔵 Stoploss: 5711 🔴 Sell Below: 5757 🎯 Sell Target 1: 5644 🎯 Sell Target 2: 5464 🔵 Stoploss: 5914 ✨ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! 🚀❤️ #CrudeOil #MCX #Intraday #TradingSignals #TradingTips #CrudeOilFuture #Commodity #Trading
MCX:CRUDEOIL1!
by NumroTrader
Gold price analysis todayFundamental Analysis Gold prices fell after hitting a fresh all-time high around the $2,640 region on Tuesday and slid to the lower end of its daily range heading into the European session. Rising US Treasury yields helped revive demand for the US Dollar (USD), prompting some profit-taking around the commodity amid a mildly overbought condition on the daily chart. However, any meaningful corrective decline in Gold prices appears to be limited after the Federal Reserve (Fed) stepped up bets on more aggressive policy easing. Additionally, persistent geopolitical risks, US political uncertainty and a gloomy global economic outlook will support the safe-haven XAU/USD as traders look to Fed Governor Michelle Bowman’s speech for fresh impetus. Technical Analysis Gold retreats from the 2640 peak. Technically, wave 5 of the Elliot wave has completed and the ABC correction wave is forming towards 2604. If the 2624 zone where gold is currently located is broken, we will get the 2603 level when the US session jumps in. If the European session price cannot break 2625, we will still wait and prioritize the sell side when retesting the 2640 peak. The 2593-2595 zone is considered a good buy zone. Upper resistance: 2640 - 2645 - 2650 - 2658 Support: 2615 - 2610 - 2605 - 2600 - 2688 - 2657 Sell 2654 - 2656. Stoploss 2659 Sell 2640-2642. Stoploss 2445 Canh BUY scalp 2615 Canh BUY 2604 - 2606. Stoploss 2600 Canh BUY 2593-2595. Stoploss 2590
OANDA:XAUUSD
by TVS-Trader
MCX // Levels // 1 hour "Welcome to SkyTradingZone " Hello Everyone 👋 Here are the current levels and analysis for MCX (Multi Commodity Exchange) in a 1-hour time frame: Current Price: 6,140.00 Resistance Levels: 6,200.00 (short-term resistance) 6,250.00 (medium-term resistance) Support Levels: 6,100.00 (short-term support) 6,050.00 (medium-term support) Analysis: MCX is trading within a narrow range of 6,050.00 to 6,200.00. The index has been trending upwards in the past few days, but it's currently consolidating. The short-term resistance level at 6,200.00 is a strong level that MCX needs to break above to continue its upward momentum
NSE:MCXLong
by SkyTradingZone
Asahi India Glass - Near BreakoutAsahi India Glass - Near Breakout wait for resistance breakout - near 725 cross Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.
NSE:ASAHIINDIALong
by supertraders_india
RBLBANK // Levels // 4H"Welcome to SkyTradingZone " Hello Everyone 👋 RBL Bank's support and resistance levels are crucial for investors and traders. Here are the key levels to watch: - Support Levels: - S3: 210.98 - S2: 212.25 - S1: 214.26 - Pivot: 215.53 ¹ - Resistance Levels: - R1: 217.54 - R2: 218.81 - R3: 220.82 ¹ Additionally, the Relative Strength Index (RSI) is at 45.17, indicating a neutral trend ¹. The Stochastic RSI is at 0.64, suggesting an uptrend, while the Commodity Channel Index (CCI) is at -54.12, indicating a downtrend ¹. It's essential to note that these levels are based on the price range of the previous trading day and may change as market conditions evolve. For the most up-to-date information, consider checking reputable financial sources like ET Money and T.
NSE:RBLBANKLong
by SkyTradingZone
Technical Analysis of the Hindalco Chart-: Previous Price Drop: The chart highlights a 48.24% drop (around ₹285.10) in Hindalco’s stock price during the 2022–2023 period. This significant decline was followed by a strong recovery, which indicates a sharp downtrend during that period, possibly caused by broader market trends or sector-specific issues. Recovery and Uptrend: Following the bottoming out, the stock has seen a recovery of 51.67% (₹305.20). The recovery has taken the stock to the current price levels of around ₹682.20. This reflects a V-shaped recovery, a common pattern after significant market corrections, signaling that Hindalco is in a strong uptrend phase. Consolidation Phase: After the recovery, the stock seems to be in a sideways consolidation pattern. This is typically seen when the market is gathering momentum for the next potential move. The stock price has been fluctuating in the ₹600–₹700 range, indicating indecision or profit booking. Volume Analysis: The Cumulative Volume Delta (CVD) at the bottom shows both buying and selling pressure, indicating that the stock is attracting both buyers and sellers during this consolidation. Higher volumes at critical price levels are often a sign of interest from institutional investors. Possible Opportunities: Breakout Potential: The stock is trading near ₹680-700. A strong breakout above ₹700 with high volume could signal a continuation of the uptrend towards ₹850-900, as indicated by the projection box. Based on the historical movement, the next upward target could be in the ₹900 range. Risk of Correction: If the stock fails to break out and sustains below ₹600, it might indicate the start of a correction, with possible support levels around ₹500-550. Key Considerations: Sector Influence: Hindalco is heavily influenced by the aluminum and metal sector. Global metal prices, economic conditions, and government policies on mining and exports will play a critical role in the stock's performance. Macro Environment: Keep an eye on inflation, interest rates, and commodity prices, as these can have a direct impact on Hindalco's profitability. Conclusion: The stock has shown a strong recovery from its lows, but the current consolidation suggests a wait-and-watch approach. A breakout above ₹700 with good volume could be a buying opportunity with a target of ₹850-900. If the stock breaks below the ₹600 level, there might be a deeper correction. This chart shows a balanced scenario of risk and reward, making it important to monitor the breakout and support levels for trading opportunities.
NSE:HINDALCOLong
by shivtoshiva2022
CENTURYPLY - Breakout Cup patternCENTURYPLY has shown a strong bullish breakout from a cup and handle pattern, which suggests a potential continuation of the uptrend. The increase in volume during the breakout supports this bullish sentiment. Key Observations Cup and Handle Formation: The chart appears to be forming a "Cup and Handle" pattern, which can often signal a bullish continuation after a period of consolidation. Breakout: The stock has recently broken above the handle of the cup, indicating a potential bullish breakout. Volume: The volume has increased during the breakout, supporting the bullish momentum. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.
NSE:CENTURYPLYLong
by supertraders_india
2
CENTURYPLY: Bullish Breakout from Cup and Handle FormationCENTURYPLY has shown a strong bullish breakout from a cup and handle pattern, which suggests a potential continuation of the uptrend. The increase in volume during the breakout supports this bullish sentiment. Key Observations Cup and Handle Formation: The chart appears to be forming a "Cup and Handle" pattern, which can often signal a bullish continuation after a period of consolidation. Breakout: The stock has recently broken above the handle of the cup, indicating a potential bullish breakout. Volume: The volume has increased during the breakout, supporting the bullish momentum. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.  
NSE:CENTURYPLYLong
by supertraders_india
Fall is commodity is doneCRB Index 273.84 Elliott- The rally from the lows is an impulse wave on the 3day charts. I mistook it for corrective on the weekly charts. So the correction is over. RSI- Stock making higher lows and a + divergence is an indication of reversal. Trendline- The break of the trendline will be a confirmation. On the RSI the trendline has already been broken. Conclusion - This uptrend here mean all is well. the deflation threat is not high. Hence the rate cuts in the future is not likely to happen. The mkt has discounted the rate cut in the 18th Sep. So time to buy good stocks available at a discount.
TVC:TRJEFFCRBLong
by singh17vivek
Chart Analysis (TATA Motors Ltd. 30-Minute Chart) Chart Analysis (TATA Motors Ltd. 30-Minute Chart) Price Action: The stock is currently priced at ₹976.40, having experienced a significant drop from the highs around ₹1,180 in early August. There has been consistent selling pressure in recent sessions, leading to a breakdown below key support levels around ₹1,000. Volume Activity: A large spike in volume can be seen in early September, indicating either institutional selling or large block trades. The price drop is accompanied by increased volume, signaling a strong bearish sentiment. CVD Indicator: The Cumulative Volume Delta (CVD) is deeply negative (-628.621K), showing that the market has seen more sell orders than buy orders, contributing to the downtrend. Key Levels: The stock has breached the ₹1,000 psychological support and is now testing new lows. The next potential support zone could be around ₹950 or lower. Fundamental Review of TATA Motors Revenue & Sales: TATA Motors has seen fluctuations in its revenue due to the global automotive market conditions. Any recent drop in sales or export numbers might have triggered a negative outlook. Electric Vehicle Segment: TATA Motors has been investing heavily in the electric vehicle (EV) segment. Any setbacks in this segment, such as delays in product launches or regulatory challenges, could cause stock volatility. Macroeconomic Factors: Rising interest rates and a global economic slowdown could reduce consumer demand for vehicles, leading to a drop in auto sales. Commodity prices (especially steel) affect input costs, which could negatively impact profitability if prices remain high. Foreign Markets Exposure: TATA Motors’ exposure to global markets, especially Jaguar Land Rover (JLR) in Europe and the US, means it is affected by international economic conditions. Poor performance of JLR could weigh heavily on its overall stock performance. Currency Fluctuations: A weakening INR against the USD or other major currencies could increase the cost of imports and further strain profit margins. Conclusion: The technical chart shows significant selling pressure, and the fundamentals could also be contributing factors, such as macroeconomic headwinds and the company's challenges in maintaining profitability across its segments. Watching for upcoming earnings reports, sales figures, and any news on the EV segment will be crucial to understanding the future movement of the stock.
NSE:TATAMOTORS
by shivtoshiva2022