# Current Price= 1066 #The stock has shown rejection from the trendline resistance as per daily time frame marked in red. #If the stock manages to close below 1058, the next expected target can be 1030 which will also act as a crucial support. #Breakdown from 1030 with closing according to 4 hour candle may drag the price towards next support levels as marked...
If you have Axis Bank in your portfolio or have long directional trade then today's low is very important for trend reversal. if today's low breaks tomorrow or in the coming session then the trend can reverse from the upside to the downside. Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a...
Friday’s rebound in gold prices came on the back of diminishing open interest and suggests that the continuation of the rebound appears unlikely for the time being. In the meantime, the yellow metal remains bolstered by the $1910 per troy ounce for the time being. Today, Gold price still stays at $1920 - $1930 Can SELL zone at SELL GOLD $1931- $1934, Sl 1944...
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...
Zeel Ready for Breakdown on Daily Time Frame. confirm breakdown below 175. Immediate targets- 165-160 Bigger Targets -140 Sl - sustain above 185 . For educational Purpose only
DLF's uptrend movement looks like fading away. In today's trading stock closed below 14 days EMA forming bearish inside candle pattern. MACD is also giving a bearish signal. Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit or loss.
1. Bearish Engulfing Bar formed at round number and S/R zone. 2. 61.8 Fibonacci Retracement at that perfect level. 3. Take profit and Stop Loss level correctly mentioned in the chart. 4. Entry should be below that confirmation engulfing bar.
EURUSD Weekly Analysis! EURUSD Support Trendline Breakdown! Short Trade Opportunity in EURUSD! EURUSD has given a brekdown to it's support trendline. It's been 2 week now sorry for late posting this trade idea but still the trade is in active state because there is a momentun in down side till the support zone which is 1.05447 - 1.04852. I can see this...
Gold will invite buyer after resistance breakout and also the buying was week so enter the trade before 1-2 min before event
Stock is trading in Impulse on Major (Weekly and Monthly) Timeframe. Currently, trading in a short-term correction. Retracement levels are marked on the chart. 4 wave of Major 5 is going on. Expected to complete short-term correction in max 2 weeks and again start up move. The analysis is only for educational purposes. Please trade at your own risk
Looks like the formation of rising wedge pattern on chart of JK Cement. Most probably the price will come to trendline again for re-test and will take position there and can expect target of 2850-2700.
expecting 2100 intra based on ichimoku theory trade @ own risk
Hello , today 18 may 23 USDINR may short for strong support 82.3450 & goes to 82.31 ,82.27.82.24
NIFTY IT - be very very very cautions on positions. this index setup is looking really dangerous. Longs are advised only above 29400. If this scenarios gets played out, there other possibility is that it keeps consolidating for 2-3 years between 29400 and 27600 band. That will cause opportunity cost. Use discretion!!
SELL only the Previous day day end range is broken with good risk reward
In daily chart EURUSD formed the bearish candle with strong selling Volume candle. In 4hr Time frame it has formed Falling Wedge Pattern and make breakdown for downside. ------------------------------------------------------------------------------------------------------------- Risk and reward In this trade will be 6:91 Entry At : 1.09761 Sl will be :...
hal has been seen on resistance level although it is its third resistance point so follow strict stoploss. its average candle is 80 to 90 points so targets may come in single shot also .....
HI guys!!! astral red candle are full and filled with volume to drive it down till the bottom line! SHort traders keep a keen eye on this