📊 Safari Industries Technical Analysis
📅 Date: 31st January 2024
🔵 Closing Price: ₹2031.90 (↑ 4.6%)
🎯 Technical Indicators:
Fibonacci Level: Closed above critical level (0.5) at ₹2025.75.
50-Day Moving Average: Surpassed 50-DMA at ₹2030.33.
EMA & MA Crossover: Bullish signal with the red line crossing above the yellow line.
Parabolic SAR: Two...
Technical Analysis:
Price: XAU/USD is currently trading at 2038, hovering near the strong support zone of 2033-2034. This level has consistently held up against downward pressure, indicating potential bullish bias.
Indicators:
RSI: 45.75 (neutral zone), showing a slight uptick from recent lows, potentially suggesting a shift towards bullish...
This stock has broken out of 50 EMA and making a short term breakout of 2-3 weeks.
EMA: Stock is above 50 and 200 DEMA.
MACD: positive
Volume: Above average.
Current view is bullish with expected swing trading target around 10-12% and is very decent target for swing trading.
Overall Trend:
XAUUSD is currently in a bullish trend, as indicated by the recent breakout above the 1975.00 level. The price has been supported by the EMA50, which is acting as a dynamic support level. The next major bullish targets are 2000.00 and 2009.30.
Key Support and Resistance Levels:
Support: 1982-1983
Resistance: 1990, 1995 , 2000
Key Factors Driving...
Axis Bank is currently in an uptrend, and swing traders can look to buy above the recent swing high of 1013.50 for a target of 1033. A stop loss below the recent swing low of 988 is recommended.
Sure, here is a fine-tuned version of your Axis Bank trading idea:
Axis Bank: Uptrend continues, swing traders can buy
Axis Bank is currently in an uptrend, and swing...
📆 NSE:INFY Recommendation on NSE:INFY for the week starting 4th September 2023
📊 Current Status:
Closing Price: ₹1443.85 📈
52-Week Range: High of ₹1672.60 🏔️
P/E Ratio: 24.27 📊
Position: Mid-range of 52-week high and low 🎯
📈 Technical Analysis:
1️⃣ Parabolic SAR: Recent buy signal 👍
2️⃣ Fibonacci Levels: Trending up past 0.618 📈
3️⃣ ...
Banknifty has taken support of D200 EMA on 30 minutes. Price and action indicating a price reversal from here.
If i talk about other indicator like:-
1. MACD:- it has already given a positive crossover.
2. RSI:- it is now trading in between 50-55, which is a bullish indication.
3. VWAP:- it is also below the current price, means vwap also giving positive sign...
Current trend:
1)current it in bottom of lower high formation forming the triple bottom .....so high possibility for reversal is possible.
2) No pattern confirmation yet.
support: 2527 followed by 2445
Resistance: level to be watch out for 2650
From this level there are two possibility
1) It can took a support from 0.236 level of Fib and again goes back to...
Triangle + parallel channel breakout
Daily Time Frame analysis:
RSI:
Currently @ 70 level ,so High Possibility for reverse as per History RSI Data
MACD:
Histogram shows some weakness ,So We can wait for reversal candle formation along with signal line cross over
Daily chart Elliot Wave Pattern: Its clearly wave C can complete @ Distribution Zone
RSI:
Currently @ 70 level ,so High Possibility for reverse as per History RSI Data
MACD:
Histogram shows some weakness ,So We can wait for reversal candle formation along with signal line cross over
RSI:
Currently @ 70 level ,so High Possibility for reverse as per History RSI Data
MACD:
Histogram shows some weakness ,So We can wait for reversal candle formation along with signal line cross over
BTC staying closing above 41300 will confirm a bullish zone, This looks like a nice bullish zone I hope you guys Longged in with a Stop loss below 39500.
Also on weekly, I see this as a great signal
🐂RSI: Bullish divergence
🐂MFI: Bullish divergence
🐂FVE: Bullish divergence
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Exchange BTCUSDT 1w...
IEX is forming Head and shoulders pattern. It is taking support at 100EMA if it break 230 level according to Head & shoulders pattern and support levels we can expect targets as
Target1: 206
Target2: 190
NOTE:
It broke the trendline of 1sep-20Dec and it is also forming bearish flag and pole pattern
Pole Target :206
MACD: Negative
100EMA:234
200EMA:200
Weekly TF:
Daily TF:
Dynamic Support and Resistance:
CPR:
MACD:
Stoch RSI:
EMA 200- Trend
ATR:
1hr TF:
Dynamic Support and Resistance:
Trend - EMA 200
Entry: Once Script price reaches EMA50-EMA79 Range - Futher Bullish Signal.
SL : 901 - 1ATR (On Entry TIME)
Target - 989-1004
Time Period: 1Month to 45Days
