Analysis On 28th Feb 2024 USOIL seems like taking support of 100 Ema on Monthly and Daily TF. If it close above 5ema at the end of this February Monthly Closing it would be good confirmation to Buy.
Signal has been identified OANDA:XAUUSD From a technical perspective, bearish traders need to wait for a sustained break below the very important support of the 200-day Simple Moving Average (SMA), currently pegged around the $1903 area. -$1902, before preparing for further losses. Some subsequent selling below the $1,900 mark will confirm a fresh breakdown...
Bank nifty coming near to its big ranges low. Chances for trap can be higher but wait for price action for good breakout reward.
Reliance Showing Initial Sign Of Weakness Near ~ 2424, And Weak Volume Appears Hourly Chart. Sell Near ~ 2425, 2435, With Stop ~ 2451, For Target ~ 2330. Expected Target Feb Expiry.
On a weekly timeframe the chart is religiously following its anchored VWAP since the march 2020 low. It has been creating accumulation zones shown in the BLUE color boxes shifting UP
Simple Price Action Formed a trend line support from June and respecting the levels. Gave a breakout , took the retest and again broke the weekly candle high with High volumes. #HappyDiwaliFolks #HappyTrading
NSE:WIPRO THIS IS SHORT TERM TRADE . INTRADAY TRADE OF TARGET 414 OF 2 % There is daily support zone and next resistances zone on hourly chart is 414 The SGX nifty is also up 100 points which indicates bullishness in market . For short term confirmation the stock is above moving average 20 which means the trade is correct . A stop loss ...
PIIND perfect breakout and swing entry As per the below analysis Camarila R4 break out Candle reversal Above moving average s
NTPC | Simple Supply & Demand chart - Looks good for 32% CMP : 110 SL : 100 Target : 146 Almost 1:5 risk reward setup