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1. Breakout Stock
2. Breakout Stocks for Next Week
3. Breakout Stocks for Tomorrow
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8. Positional Breakout Stocks
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13. Tomorrow Intraday Breakout Stocks
14. Top breakout Stocks for Today
15. Top Breakout Stocks
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Shorttrade
Hanging ManA hanging man candlestick occurs during an uptrend and warns that prices may start falling. The candle is composed of a small real body, a long lower shadow, and little or no upper shadow. The hanging man shows that selling interest is starting to increase. In order for the pattern to be valid, the candle following the hanging man must see the price of the asset decline.
Script = Lupin
Time Frame = 1 Day
ICICI PRU - Analysis 11-7-203 Sell Below 550 for upto 450ICICI PRU - Analysis 11-7-203 Sell Below 550 for upto 450 / Buy Over 625 for upto 675 Next upto 720
Exit (Stop Loss/) before Target if
On 9-RSI ema 21 cross over 3ema; (Weekly Timeline for Shortterm & Monthly for Long Term)
OR
on prv weekly lower break.
Hanging ManA hanging man candlestick occurs during an uptrend and warns that prices may start falling. The candle is composed of a small real body, a long lower shadow, and little or no upper shadow. The hanging man shows that selling interest is starting to increase. In order for the pattern to be valid, the candle following the hanging man must see the price of the asset decline.
Script = Dr Reddy
Time Frame = 1 Day
Gold price adjusted down to $1910 after news Unemployment ClaimsThe price of gold declined yesterday after the US announced that 497,000 new jobs were created in June 2023, surpassing market expectations of 267,000. This news led to a significant appreciation of the USD and a decrease in the 2-year US bond interest rate from 5.12% to 5.04%. As a result, many investors shifted their capital into USD and bonds, reducing the flow of money into gold.
The consecutive decline in gold prices can be attributed to the strong labor market data and positive economic outlook, which alleviated concerns of a severe recession in the US. Additionally, the possibility of higher wages may compel the US Federal Reserve (Fed) to implement positive monetary policies and raise interest rates.
Jul 7's trend assessment continues the downward trend towards $1900
We can set up:
SELL GOLD ZONE: $1915-$1920 sl $1930
AND BUY GOLD ZONE at: $1880 - $1885 SL $1875
Based on EMA 34, EMA 89 moving average technical analysis indicator to trend on 7/7/2023
Godrej Consumer PR Shortterm tradesetup# 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 on the chart in the green line.
#expected downward targets after breakdown:
Target 2=1000
Target 3= 980
Target 4= 960 or (trendline support marked on the chart).
Note: All the targets may act as a support, so keep trailing your SL as per your risk appetite.
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Axis Bank CautionIf 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 self-decision. I will not be responsible for any profit and loss
GOLD 26/6 $$ The bears are still dominant ?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
According to technical analysis, the support zone $1910 support is quite strong, combine 2 moving averages EMA 34, EMA 89 so that the downtrend project still prevails.
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
DLF shortDLF'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.
EURUSD Analysis!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 pattern is a Rising Wedge pattern if i am not wrong. We can see, in the last 2 weeks the volume is increasing like bears are interested in dragging down the price. RSI also not moving as per price if we observe carefully it is showing a small inclination during price making higher high's and then the downmove has started. Rest of all analysis is on the chart itself please have a look.
Thank You!
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
ICICIBANK - EW - Short time correctionStock 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
NIFTY IT has built a weak patternNIFTY 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!!