AbbotindiaHere, is the chart of Abbot India has been attached with the predication sign either side.
What's your view? Bullish or Bearish ?
Techincalanalysis
UNO MINDA break double bottom neck line.uno minda break double bottom neck line and Re test done now , we can expect bullish UP COIMING MONTH.
Gold price forecast todayGold prices ended five straight days of decline, trading higher at around $1,920, up 0.20% in Thursday's Asian session. However, precious metals are facing downward pressure as traders consider the possibility that the US Federal Reserve (Fed) will increase interest rates by 25 basis points (bps) until the end of 2023. .
Hawkish sentiment surrounding the Fed's policy decision at the upcoming September meeting continues to support US Treasury interest rates. This strengthens investors' confidence in the US Dollar (USD). The yield on the 10-year US Treasury note rose to 4.28%, up 0.05% at press time. The US Dollar Index (DXY) is around 104.80, measuring the value of the Greenback against six major currencies.
Gold is trying to recoverGold prices traded around $1,920 per troy ounce in the first hours of trading during Monday's Asian session. The precious metal managed to hold on to its previous weekly close, receiving some support from the weakening US Dollar (USD).
The US Dollar Index (DXY), which measures the Greenback's performance against six major currencies, is currently trading around 104.80, slightly below its peak since April. However, US Treasury bond yields are rising, which could put pressure on the yellow metal's price. The yield on the 10-year US Treasury note increased to 4.29%, up 0.52%.
Gold is waiting to accumulateGold yesterday opened the weekly trading session with an upward trend from 1916 to 1930 when the USD experienced declines and corrections after the Bank of Japan's move caused the market to increase expectations for the future. The Yen negative interest rate period will soon end.
The US Dollar Index (DXY) fell to around 104.60, trying to offset losses thanks to positive developments in United States (US) bond yields. The US 10-year Treasury yield rose to 4.30% at the time of writing.
Strong economic data in August put pressure on gold prices. Although the labor market has shown weakness over the past few weeks, it recently experienced a pullback with two strong reports including the ISM Services PMI and Initial Jobless Claims, both all exceeded market expectations. As long as data continues to show a mixed outlook, market participants can expect prices to stabilize
CPI news today will be very excitingGold prices tried to make up for the previous day's losses, trading around $1,910 per troy ounce higher in the early trading hours of Wednesday's Asian session. This currency pair is trending up due to the decrease in the value of the US Dollar (USD).
However, gold prices face challenges as the market is cautious ahead of the release of US inflation data, expected to be released later in the North American trading session.
The US consumer price index (CPI) is expected to increase 0.5% month-on-month, up from 0.2% the previous month. Meanwhile, core CPI, which excludes food and energy price fluctuations, is expected to steady at 0.2%
Here we gooooo...🚀💵A Good breakout with a retracement level is on going. Try to find Long Positions.
Just for educational purpose
#priceaction
Container Corporation of India (CONCOR)The chart is self-explanatory.
upside potential > 18%
TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
NBCC looks all set for Big Gains.Hey guys I hope you all are doing well, making insane amount of profits.
Check out this chart for NBCC! It's like a cool artwork with a symmetrical pattern. So, for the past 5 years, it was consolidating in a beautiful range, symmetrical tringle pattern. Where initially it has dropped by around 60%, but then it bounced back and started making slightly lower highs and also higher lows.
There is another important line between support and resistance where price has been dancing around this multiple times. And guess what? On the last trading day, it made a big 8% jump and even broke through two trend lines.
If this good vibe keeps going and it stays above those lines, it might be a good time to jump in. We will go bit longer as it has historical evidence to go much higher level if waited patiently.
Note- It is not at all a recommendation, Please do your due diligence before investing.
FLAT Correction in keystone realtors.Elliott Wave Analysis:-
FLAT correction
View1:-
a) wave correction was over and in b) wave correction c wave is pending either it should close above 658.75 then it will form expanding flat if it close below then it is a regular flat and it is expecting a break a) wave and it would reach the level of 533-549 .
View2:-
a) wave was completed and b) wave was completed and in c) wave formation I&ii wave was formed and iii, iv, v wave’s is expected to fall further directly from the current place.
Further we wait and watch
I’m not a sebi registered advisor.
Kindly do your own analysis before taking trade.
INTRADAY TRADE FOR TOMORROW If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
INTRADAY TRADE FOR TOMORROW If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
Bank of Baroda Trend Analysis !TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk : Reward: 8-10 times.
Bullish Trend on Star HealthThe stock is already in a bullish movement from 525 price. Still their is a change for a small target.
CMP -665 we can enter at this price for a Target price of 705.
Can go long on Adani Wilmar after Breakout Stock has come under a brought zone. I may think as chart suggest, if it's give Breakout above 396, we can go for long.
So Target are T-1 427 , T-2 482, T-3 543
SL - 355.
As of above just watch this stock, entry after 396.
EURUSD This weekEUR/USD is extending its sideways trading in the European session on Thursday. The pair lingers near three-month lows, as the US Dollar clings to recent gains amid a risk-off market profile. EU/ US data and Fedspeak awaited.
The EUR/GBP cross gains momentum above the mid-0.8500s during the early European session on Thursday. The cross currently trades near 0.8576, unchanged for the day.
The latest data revealed on Thursday that German Industrial Production (IP) for July fell -2.1% YoY from a 1.5% drop (revised from a 1.5% drop) in the previous month. On a monthly basis, the figure dropped 0.8% versus a 1.4% decline in June and below the expectation of a 0.5% drop. However, the Pound Sterling (GBP) is weakened against the Euro as the Bank of England (BoE) Governor Andrew Bailey's dovish remark on Wednesday that the central bank is much closer to ending its hiking cycle.
Still no breakthrough in the new weekGold prices attracted renewed buying pressure on the first day of a new week and continued to rally above $1,945 during the Asian session. .
The mixed monthly jobs report from the United States (US) on Friday ensures that the Federal Reserve (Fed) will keep interest rates unchanged at its September policy meeting, so this is considered is beneficial for Gold prices, but not favorable. In fact, NFP headlines show the US economy added 187,000 jobs in August, well above market expectations. However, last month's figure was revised down from 187K to 157K. In addition, the unemployment rate increased to 3.8% from 3.5% in July and Average Hourly Earnings decreased to 4.3% YoY from 4.4%. The data showed that the labor market slowed slightly and left the Fed with less room to continue raising rates.
Birla Cable Limited - Long Setup, Move is ON...#BIRLACABLE trading above Resistance of 229
Next Resistance is at 355
Support is at 151
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Forecast for Non-FarmGold prices attracted new sellers after the Asian session jumped to the $1,944 region on Friday and hit a new daily low in the past hour, albeit to no avail. XAU/USD is currently trading just below $1,940, virtually unchanged today, as traders patiently await closely watched monthly jobs details from the United States (US) ahead when betting in new directions.
The widely known Nonfarm Payrolls (NFP) report will be released during the first North American session and will influence expectations about the Federal Reserve's (Fed) next policy move. . This, in turn, will determine the short-term volatility of the US Dollar (USD) and provide a meaningful boost to Gold prices. Meanwhile, uncertainty over the Fed's future path to rate hikes did not aid the USD in capitalizing on the overnight recovery from a two-week low and acted as a drag on commodities. Goods are priced in US dollars.
Gold will regain balanceGold prices traded with a negative bias for the second consecutive day on Tuesday, although lacking continuation and remaining within the familiar range maintained over the past week or so. XAU/USD is currently placed just below $1,940, down less than 0.10% on the day and pressured by a combination of factors.
Despite signs that labor market conditions in the United States (US) are easing, the Federal Reserve (Fed) is expected to keep interest rates higher for longer. Furthermore, markets are still pricing in the possibility of another 25 basis points (bps) hike later this year. This, in turn, remains supportive of rising US Treasury yields, providing some support to the US Dollar (USD) and weakening non-yielding Gold prices.
Nifty 50Nifty 50
6th Sep 2023
Fair Value Gap draw on 5min TF.
Here, FVG used to take entry at top and now riding this downfall identifying another FVGs down once market fall.
Every Time buyers try to catch the trend every time that FVG zone rejected their pressure and consciously fall.
Exit Criteria:
Exit if achieve full Target or If candle close above FVG upper band.
IDFCFIRSTBANK: Rs.100?FWB:NSE : IDFCFIRSTB
* Monthly volume of about 907 Mn average shows strong buying pressure.
* Technically on the buying side.
* Fundamentally banks have surplus funds to expand the business.
* One year return of about - 160% gain.
Disclaimer: For Education purposes only.
Gold is still compressed waiting for NFGold prices extended their recovery for the third consecutive session and touched $1,950 on Wednesday. This daily increase is due to increased open interest and it suggests that additional profits will emerge in the near future. However, the next important target for the precious metal is the high of USD/troy ounce in July 1987 (July 20).
Our Technical Confluence Indicator is signaling that Gold Price is breaking out of the confluence of the $1935–36 support, indicating the next uptrend to watch. However, the key supports mentioned include Pivot Point S1 for one day and Fibonacci 61.8% for one month.
