None can assure whether pullback will happen or not but if it goes as per plan then we are good to trade. But take care of below points :
i) Short-term setup lasts day or two
ii) Risk:reward tool is approx, if you feel stops are wider, reduce it
iii) Aggressive entry still valid, but conservative only on pullback
Sui Crypto Recovers From Oversold Zone: Can It Stage a Comeback?
The RSI and 14 day SMA line has rebounded from the oversold territory, suggesting a shift towards positive market sentiment.
SUI crypto seemed to be bouncing off support levels, gearing up to tackle the next resistance level.
SUI crypto appears to be rallying from its support levels, preparing to...
Asian Paints has been a consistent compounder in Indian decorative paints Industry. With increasing Crude Oil volatility expectation from February due to Russia's decision to not sell Crude Oil to countries respecting EU's $60 price cap, the share has corrected from 3600 to 2800 levels ~ 22%
The recent earnings report further accentuated the concerns of...
Banknifty closed above critical support level camarilla s4 while taking resistance at 200EMA. Green candle makes the chart look stronger than previous week. CPR will be immediate support on the downside at 36117, if this support holds we could see banknifty closing the gap tomorrow. Global uncertainty and news based moves are going to be a big factor nonetheless....
Bitcoin closed a full bearish/red candle yesterday and today its price is moving below EMA10.
After a new peak/high, All-Time High, it is normal for a correction to take place...
So, where are prices ahead?
You can see additional details on the chart.
As Bitcoin corrects, the Altcoins grow
I am looking at mainly ALTSBTC but the altcoins market, in general,...
This is presenting a good shorting opportunity at the current levels as the stock may retrace to the lower levels of 330. If that low is broken then the next target would be 305. Just Dial did have a good earnings report though but has faced a sell of intra-day nonetheless.
Introduction:
Investing in the stock market requires a keen understanding of technical analysis and the ability to identify promising opportunities. In this blog, we explore the bullish case for UPL, a stock that currently exhibits several positive indicators. From the RSI hitting the lower band buying zone to the weekly and daily downtrend trendline support,...
The Chart Must be co-related at your end to the DJIA spot chart and seen accordingly. AB=CD done on Daily basis on the DJIA futures, and a Jump/Bounce followed. I cautioned you all yesterday that the BOUNCE would be sooo LETHAL ... None of you would believe it, just as None believed Nifty at 15190 odd. DJIA future is at its 23.6% fib retracement which is the 1st...
Intraday selling at nifty open, tomorrow.
For long term picture, refer to older post.
Monthly results are out . Similar to Bajaj Auto, entire two-wheeler segment is hurt. Hero is no different.
Semiconductor supply issues in two-wheeler segment. Sourcing semiconductors during shortage will reduce margins as well.
We see decline in exports in Hero (as well as...
Fundamental Development: The primary use case for cryptocurrency in most wealthy countries is acquiring it and holding it, trading it, or using it in various other ways to make more money. In the developing world, where access to financial and banking systems is limited or nonexistent, innovative humanitarian organizations are piloting micro-blockchain...
Last Session:
🟡 #Nifty Fut opened with gap up but seen profit booking. 17805 gave polarity support and market closed flat near PDC.
🟢 #BankNifty cleared 38112.75 and went upto 38355, but lost half portion of gains in second half. Still closed higher.
🟢 Sensex tested ATH and closed above 60000 mark. #BankNifty also tested ATH. India VIX rose 6.68% to close at...
