Current Market Situation Gold prices have been experiencing a bullish trend, recently approaching the resistance zone of 2397-2400. This movement is significant as it indicates a potential test of this critical resistance level. Scenario 1: Immediate Upward Movement In the first scenario, gold continues its upward trajectory and tests the 2397-2400 resistance...
XTZUSDT Flat pattern breakout after 1.32. Till then if you can see it’s shifting in next channels. It has lot of potential but only after 1.32-1.35 breakout it can lead the intensive bullrun.
Hold few days Please consult your financial advisor before investing All research for educational purposes only. Reversal from bottom, RSI is shifting in upper direction. Stock is ready to cross past barriers with good volumes.
AEVO price has shown that it was in bulls' favor earlier from March 13th, 2024, to March 27th, 2024, the price attempted to rise and built a top on the daily chart at $3.70, from the support at $2.00. However, the wind shifted in the Bears' favor, and from March 28th onwards price deteriorated and collapsed all previous support levels. According to the technical...
Hold few Weeks to Months Please consult your financial advisor before investing All research for educational purposes only. Reversal from bottom, RSI is shifting in upper direction. Stock is ready to cross past barriers with good volumes.
Hold few weeks Please consult your financial advisor before investing All research for educational purposes only. Reversal from bottom, RSI is shifting in upper direction. Stock is ready to cross past barriers with good volumes.
Hold few days Please consult your financial advisor before investing All research for educational purposes only. Reversal from bottom, RSI is shifting in upper direction. Stock is ready to cross past barriers with good volumes.
On weekly Charts there is clear underperformance compared to S&P 500 Relative Strength trendline is broken and lower low formed There is RSI divergence and formation of flag like raising channel Indicators hinting to weakness and thus channel break on downside shall bring meaningful correction Daily Charts MACD shifted to negative there are multiple support zones...
In the vast landscape of financial markets, Bitcoin stands as a beacon of innovation and volatility. Its journey from obscurity to mainstream recognition has been nothing short of remarkable, captivating the attention of investors, speculators, and analysts alike. Delving into the depths of its price action, we embark on an analysis that transcends the minutiae of...
BankNifty had a tough time as it broke below the important support at 48088, signalling trouble for bullish traders. Now, the focus shifts to the next support at 47737.20, which was the low point from April 25th. If it breaks too, attention will be on the support range between 47204 and 47345. On the flip side, immediate resistance is expected around 48465, with...
GBP/USD keeps sliding and trades in the negative territory below 1.2500 after losing nearly 0.5% on Tuesday. The newfound strength of the US dollar, fueled by hawkish remarks from the Fed, weighs heavily on this pair as market focus shifts to the policy announcements from the Bank of England on Thursday. From chart observations, this pair has broken out of the...
Basis wave theory: Its making a diagonal triangle in its cycle V, of which it completed primary corrective wave 4 in the week of 23 oct. 23. Its previous cycle wave III was exaggerated at 4.618x, and cycle wave 5 was expected to end at 1x at about 627, it however exceeded that by narrow margin of little over 5% (peak 658). This overshooting, and non completion...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 21.52 Lakh is at 11200 strike followed by 19.83 Lakh at 11100 Strike and 18.95 Lakh at 11000 strike and Put writing of 23.23 Lakh at 10900 Strike followed by 23.09 Lakh at 10800 Strike and 18.74 Lakh at 10600 strike. Index is closed near 10970 level. Index support is shifting upward. Significant Call writing...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 9.22 Lakh is at 10800 strike followed by 8.89 Lakh at 11100 Strike and 5.35 Lakh at 10900 strike and Put writing of 8.58 Lakh at 10800 Strike followed by 5.89 Lakh at 10700 Strike. Index is closed near 10835 level. Index may face resistance near 10880 - 10900 level and go near 10950 level if sustain above...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 9.29 Lakh is at 10800 strike followed by 5.50 Lakh at 10700 Strike and 5.27 Lakh at 10850 strike and Put writing of 6.48 Lakh at 10700 Strike followed by 5.65 Lakh at 10800 Strike. Index is closed near 10780 level. Index may face resistance near 10800 - 10825 level and go near 10950 level if sustain above...
PRIME crypto bounced back after retracing the 50-day exponential moving average. At the time of writing, the Echelon Prime crypto was up nearly 1.27% and was trading close to $19.38. The PRIME crypto has been trading swiftly in Intraday on Monday and has added over 1.27% to its market capitalization. The current market capitalization has surpassed the $693.4...
NSE:CNXFINANCE Maximum Call writing is at 21400 strike with 8.06 Lakh followed by 7.38 Lakh Call at 21200 Strike. Maximum Put writing is at 10.66 Lakh at 20500 strike followed by 4.74 Lakh Put writing to nearer strike at 20600. The support level is shifting down to 20500 - 20600. Index may face resistance near 21200 - 21330 level and less likely to cross 21350...
NSE:CNXFINANCE Maximum Call writing is at 21000 strike with 2.12 Lakh followed by 1.49 Lakh Call at 21500 Strike. Maximum Put writing is at 3.44 Lakh at 21000 strike followed by 1.53 Lakh Put writing to nearer strike at 21000. The support level is shifting down to 21000 - 20800. Index may face resistance near 21330 - 21400 level and less likely to cross 21800...