Friday's Sell Off Definitely Suggests that Neither Central Banks nor China nor any other retailer is interested in buying Gold at such high valuation.
Picture is getting Clearer.
One May look for Selling Opportunity around the Supply Zone.
Gold looks set to test 2200 Zone.
Bullishness Only above 2380.
Below 2380, Bears are going to be under Control.
Bulls...
Observation & Overview:
1. The IT Index was beaten down in late 2022.
2. After 2023 it formed a bottom and prices started gaining strength.
3. 2024 price started forming Higher Highs & Higher Lows, touched the previous 2022 ATH and currently, taking support from the 50% of the swing and also bouncing from a D tf demand.
4. It is acting as a major support zone and...
Symbol - WIPRO
Wipro Ltd is a global Information technology, consulting and business process services (BPS) company. It is the 4th largest Indian player in the global IT services industry behind TCS, Infosys and HCL Technologies.
Wipro was in consolidation & accumulation phase from July 2022 to December 23.
After that it broke out of this consolidation zone...
SYMBOL - ASIANPAINT
Asian Paints is the largest home decor company in India. The 80+ year old company has major brands like Asian Paints, Berger, Apco etc. under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and...
Hi traders,
This USDJPY 4 hr Order block.
According to smc concept we can see Buying from this level.
if you see 15 min CHoCH is best for entry.
Note - Only for education purpose
If you like my anaylsis then you should like and follow me.
GBPUSD 4 hr Order Block | SWING TRADE
Hi traders,
This GBPUSD 4 hr Order block.
According to smc concept we can see Buying from this level.
Best time to take this trade after 15 CHoCH.
Note - Only for education purpose
If you like my anaylsis then you should like and follow me.
NMDC is engaged in exploration and production of Iron Ore along with Diamond, production and sale of Sponge Iron and generation and sale of Wind Power.
This PSU stock has given great returns to investors as well as traders in last one year.
Although there exists so many positive talks about NMDC's volume growth, sales growth & capacity enhancement etc. which are...
GRT/USDT Long Term
- If you're looking for an altcoin for investment, GRT could be a good option as it has recently broken a 644-day range on the weekly timeframe. It's currently nearly 90% down from its all-time high, so if you're looking for a investing in altcoin, wait for a pullback to around 0.25 -0.2 this range is a good area for Investing
Note - Only for...
Symbol - NZDUSD
NZDUSD is currently trading at 0.59450
I'm seeing a trading opportunity on buy side.
Buying NZDUSD pair at CMP 0.59450
I will be adding more if 0.58850 comes & will hold with SL of 0.58400
Targets I'm expecting are 0.60700 - 0.61400 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
Symbol - USDSEK
USDSEK is currently trading at 10.80500
I'm seeing a trading opportunity on sell side.
Shorting USDSEK pair at CMP 10.80500
Holding with SL of 10.84000
Targets I'm expecting are 10.60000 & 10.48000
This is a high risk trade with small SL & big targets. Let's see what happens!
Disclaimer - Do not consider this as a buy/sell...
no big hand has invested into this.
though downside is limited but upside is also very limited.
avoid strictly
Avoid - timewaste
any moved beyond blue line
may try to touch red line. both up and down.
Currency Pair - USDMXN
I am seeing a good trading opportunity in USDMXN.
Taking long positions here at CMP 16.66200
My SL would be 16.60000
Target I'm expecting is 17.00000
That's 1:7 RR trade.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Within one hour, the Nifty50 market experienced a retracement of 61.80% and subsequently rebounded, encountering a bear order block on the 1-hour chart. If it faces and retests the unbroken 1-hour bull order block, it may continue its upward movement. Let's observe the developments tomorrow morning.
Daily Timeframe
Stock in an Uptrend.
Retracing back to the Daily RBR level of around 29.2.
Looks a good opportunity to go long on a retracement to the Demand Zone.
Stock was trading in a sideways range & then broke out. Now some retracement happening, which provides an opportunity to go Long. Planning to time the Trade as per the Daily RBR Demand Zone.
