GBPJPY Sell trade opportunities
Its overall sell trend recently breakout the Support level and make a very strong bearish candle below the support here is a good opportunity to take a sell with good risk rewards
In this chart, I have found a breakout on Apollo Tyre. price faced resistance the market zone on Sep and Nov. Hence, these zones are now to be treated as important support zone. But still it is a simple analysis only and not an recommendation. Please do trading / investing with your own respnsibility. This post is only for educational purpose.
Eveything mentioned in the chart.
You can see a Cup and Handle formation in the chart.
study then invest.
About The Company ✔️
Established in 2006 as a tower manufacturer, Salasar Engineering Limited, has emerged as a fast-growing Steel structure manufacturer & EPC infrastructure company, providing services across telecom, energy and railways sector.
Nmdc has broke out of a cup pattern IMO according to the technical analysis theory the target should be around 156 and moreover it has broken out of a channel on 1d timeframe basis.
*Only for educational Purposes, not a financial advice*
GOLD Buy Trade opportunity
it's Overall Bullish trend recently retested the support area and make a very strong Bullish candle its a very good opportunity to take a Buy trade with a good risk-reward target and the stop area is mentioned in the chart
Always Use Stop Loss
Dollar Index reached an important level. Low probability of a good up move from here. Thus it looks like this is time for USD to probably pause for a few months as compared to other currencies. Upside first target complete in weekly chart.
The index is currently calculated by factoring in the exchange rates of six foreign currencies, which include the euro...
Nifty is positively holding its crucial resistance zone near 17400. Today's strong closing near last 3 days high opened the gate for 18000 in coming session for nifty.
In tomorrow's session (i.e.,21st Oct) either a huge gap-up or one side rally (if opened near today's close) is expected.
Set up in 1942, the Asian Paints group is the largest paint manufacturer in India also engaged in the business of manufacturing of varnishes, enamels or lacquers, surfacing preparation, organic composite solvents and thinners. It operates in 15 countries and has 26 paint manufacturing facilities in the world serving consumers in over 60 countries.
Please refer chart for detailed explanation and Targets.
Fundamental and Technical Analysis
Increase in volume on weekly chart.
Highest sales and profit so far.
Good dividend history.
Good price to buy is between 120 -130.
Fundamentals are strong so no need to worry even if price goes down.
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Since the past few sessions, Banking Stocks have been doing well, and recently CSB Bank confirmed a range breakout above Rs.220 mark. The stock managed to close above the 200 day moving average
Buy - Rs.220
Target - Rs.290
Stop Loss - Rs.800
I am Bullish on Nifty 50 Index for long term, as on the weekly timeframe, it has given the breakout of the downward sloping Trendline. The price is trading above the Moving Averages which shows bullishness. The MACD indicator has given a bullish crossover. The RSI indicator is above 50 indicating a good momentum. The price is just 3.5% down from all...