Sellsetup
GOLD 3/7 !!! The bulls are having a slight recoveryThe 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 to 3.8% in May from 4.3% previously. Additionally, the Core PCE Price Index, which excludes volatile food and energy components, went down to 4.6% in May from 4.7% in April. Despite these decreases, both indices remain well above the Federal Reserve's target of 2% and support the possibility of further tightening of monetary policy.
Today, July 3, 2023, gold price is predicted to have a slight recovery around the $1925 -$1930 mark
Set up Price Gold at:
SELL GOLD at: 1920-1922 small lot
and SELL GOLD at: $1930 - $1932 small lot
and SELL GOLD at: $1937 - $1940 sl $1950
Based on technical indicators EMA 34, EMA 89 and resistance areas to sell at the above price zones.
GOLD 27/6 ? Bulls or bears prevail 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 the Richmond Manufacturing Index will be released. These indicators will likely impact the price of gold. Despite concerns about a potential recession, the downside for gold prices seems limited due to its status as a safe-haven asset.
Today, Gold price is still around the $1925 mark, showing signs of moving towards the $1935 price zone
Set up SELL zone at :$1933 -$1935 sl 1945
Based on the technical analysis indicator resistance zone at $1935, combining 2 moving averages EMA 34 and EMA 89
CUMMINS- Bearish Head & Shoulders TOP!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......
Naukri Target: 1200, reduced IT hiringIndeed 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 price, right now.
Long term bearish outlook.
BAJAJ FINSERVHi 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
Ultra tech cement SELL for 27-28 Febin.tradingview.com
There has been some liquidation on the charts and OI has increased around 6% indicating a short build up hence initiating a SELL 7175 levels. Although this trade should be taken keeping in mind nifty is at oversold levels and can witness a sharp shortcovering spike anytime during the day.(27th Feb 2023)
Initiating a SELL on Midcap IT stock Persistent Systemsin.tradingview.com
Markets have been showing lack lusture recently. Infact they have broken out of consolidation zones and started plummeting. And this fall looks serious and warrants further downfall in upcoming months.
Keeping the broader macros and valuations in mind, one can initiate a sell on IT midcap, Persistent systems, recently it tested its sub 5000 levels for the third time which appears to be a triple top formation and this week's close below 4900 will be a nail in the coffin, giving a gravestone DOJI formation.
The position can be a positional one for the month of March and positions can be made for 3 targets: 4900-4700-4300
Bajaj Fin Short Positions--------------------------------------DISCLIMER--------------------------------------------------
* 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 financial adviser and use proper risk management.
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Bajaj Finance Level's
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Resistance-- 1396/1426
Support --1133/1063
Trade : Sell at 1396 SL 1433 (35 Points SL)
Target will be 1226 (167 Points)/1133 (262 Points)
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Trading_Cafe24
Thank you :)
Kotak Bank Sell Positions* 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 financial adviser and use proper risk management.
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Kotak Mahindra Bank Level's
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4Hr Inverse Cup and Handle Breakdown.
Smaller TF SMC Selling Area make double top and making HL-HL Pattern
(Support Breakdown Level) Resistance-- 1761/1778
(Target) Support --1133/1063
Trade : Sell at 1761 SL 1780 (~ 19 Points SL)
Target will be 1711 (~ 50 Points)/1661 (~ 101 Points)
____________________________________________________________
Trading_Cafe24
Thank you :)
HDFC Bank SMC Patterns Short Opportunity --------------------------------------DISCLIMER--------------------------------------------------
* 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 financial adviser and use proper risk management.
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HDFC Bank Level's
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4Hr TF Double top with Rejection Candle
Resistance-- 1665/16670
(Target) Support -- 1648/1633/1608/1586
Trade : Sell at 1665 SL 1672 ( 7-8 Points SL)
Target will be : T1- 1648 / T2 - 1633 / T3 - 1608 / T4 - 1586
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We are not a financial advisor and you should not construe any information discussed herein to constitute investment advice
This only for study purpose.
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Thank you
Trading Cafe 24
EURUSD SellHi again traders.
Rcent USD weakness and EU positive news performed a shift in EURUSD trend.
However, I am seeing that the past broken support which I pointed out with the eclipses, has not been retested and perhaps now is the time for this check.
I consider this current level of important resistance which might drive the price at least in my first TP area or further down.
If it breaks the upper resistance zone (above it I put my SL), it will become pretty bullish.
GL!
HEAD AND SHOULDER PATTERN (SELL SIDE)SELL : 1529 TO 1373
TARGET : 822 TO 730
Reason For Selling This Script :
In this script it has formed head and shoulder pattern in in monthly time frame. Now price has been broken the neck line and retested the neckline. So we can go for sell side target above mentioned.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..






















