Confirmation:- 1] Market structure shift 2] Imbalance area 3] M pattern target complete Target confirmation:- 1st target - imbalance area 2nd target - equal lows liquidity with imbalance
Why We Think the Price Might Drop: 1. The support level broke at 2160 and is being tested again. 2. The RSI (Relative Strength Index) is around 40, suggesting a signal to sell. 3. The Super Trend indicator indicates a bearish trend. What Might Happen Next: Overall, it might be a good idea to sell XAUUSD when the price is around 2160 . We're aiming for...
1) Nifty SmallCap Index is under strong selling pressure. 2) Index may fall further 3.25% in the upcoming days. 3) 14900 will act as a good support area. 4) Time to cut positions from SmallCap stocks and move to cash. 5) If the Index breaks 14900 again, This will lead to another 4% fall.
#DXY is going up #CrudeOil is going up #USDINR becoming weak Vs #Gold in Indian rupee should be weak or might be seen correction or fall Though on chart looks head and solder type pattern but also looks triangle patter which might give up side breakout. So do you homework before take trade in gold Have a great day!!!
Lalpath was consolidating near resistance zone and giving breakdown on the lower side. We expect to test lower trend line which gives almost 200 points of move. Short trade can be taken in Lalpath and refer to green lines marked on the chart for targets, trade will be valid until top red line is intact on the upper side. To motivate us, Please like the idea If...
Sell Gold Near 1864-1866 SL= 1875 Targets- 1861/1858/1855 Take Risk as per your risk apetite Trade Wisely All the best
* All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of technical analysis . * This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security. * Back test yourself before jump into live market consult your...
Bearish Breakdown stock Short only below 580 Target 1: 509 Target 2: 406 Stop Loss: 635
The Gold price is being affected by a slight increase in the US Dollar. After experiencing significant losses on Friday, the US Dollar is attracting some buyers and recovering. This is seen as a key factor that is putting pressure on the price of Gold. Recent data from the United States shows that the Personal Consumption Expenditures (PCE) Price Index decreased...
Investors will be closely watching the upcoming speeches by top central bank officials, including Christine Lagarde, Andrew Bailey, Jerome Powell, and Kazuo Ueda. These speeches will provide valuable insights for investors. Additionally, on Tuesday, important US economic indicators such as Durable Goods Orders, the Consumer Confidence Index, New Home Sales, and...
1. trendline breakdown in ongc as well as channel breakdown. 2. with strict sl one can go short.
1. head & shoulder formed 2. with strict sl one can go short
1 . good oppurtunity seen in balramchin as head & shoulder broke down 2 . with strict sl one can go for short 3. respect sl
Attached: Cummins Daily Live Market Chart as of 13th April 2023 Price has put in a Clean Head & Shoulder TOP Pattern and the Breakdown & Retest of this Pattern is also done Currently Price is Moving Down to meet its 2 Targets Downside Targets: T1= Gap Fill Area @ 1475 T2= 1360 As long as Price holds below the 20 Day SMA (1615 presently), this Stock is a SELL......
Indeed is a Japanese company, direct competition with Info Edge brand, Naukri. Naukri valuation / p/e ratio is steep when IT hiring this low. Naukri or infoedge stock has low liquidity and unjustified upsurge in last 5 days. This calls for selling until 3000 levels achieved (short term). Long term targets are 1800, 1500, 1200 Sell call options at 4000 spot...
Maruti Dowtrend Started it may touch 200ema Broken the trendline and RSI is Week also
SBI Card Showing Short Side Momentum But Below 720 Closing.
Hi guys, In this chart i Drew My Best Levels in BAJAJFINSERV for Shorting in Positional, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q