The Co. Scan Steels Limited manufactures TMT Rod (under the brand name of SHRISHTII TMT), Sponge Iron, MS Billets/ Ingots, and generates power for captive consumption. Technicals Pattern: Symmetrical Continuation Triangle (Bullish) Duration - 1-2 months The price has broken upward out of a consolidation period, suggesting a continuation of the prior...
Dear friend, In general, precious metals truly impress us. Gold traded sideways near $2030 before rising to $2061 on Friday, then retraced to $2049 and stabilized at this level. Now, what excites me is that gold is currently trading calmly around $2050 - $2051 as we enter the new week. The interesting thing is that gold's recovery is driven by weakness in the US...
Nice to see you all again. Currently, EURUSD continues to operate with little price volatility, mainly moving sideways and trading around the EMA 34 and 89 lines. The 4-hour chart continues to show short-term consolidation. The breakout of this pattern indicates that the area of recent highs is at 1.0998. The fact that this level was surpassed suggests that...
Dear friends, let's explore the Gold market for the new week together! In general, the start of the new week sees Gold relatively quiet around the $2043 mark. Looking at the analysis chart: The overall trend is still bearish, with two negative factors driving it. Factor 1: The downtrend continues from the levels of $2149 and $2089. Factor 2: Gold has broken out...
TI India is poised for a promising swing opportunity, supported by a combination of breakthrough dynamics, daily strength, and weekly confirmation. Reasons are stated below : Broke through the crucial 3700 levels after repeated tests. Daily Marubozu candle highlights robust buying momentum. Consistent formation of higher highs signifies an upward trend. A...
Hello dear friends, as expected, yesterday we saw gold drop to its final profit-taking target at $2013. However, gold quickly recovered and at the time of writing, it is trading around $2033, stable within the previous downtrend channel. Therefore, the upward momentum of gold may be limited as there is a possibility that the FED may not begin cutting interest...
- Nifty FMCG did play out exactly the way I had forecasted and now it's following my path. - FMCG stocks can witness a good retracement and I think this isn't the right place to add them as well - For any long term Investments better try understanding the fact that catching a bullet train in the middle won't help you in gaining money it will help you more in losing.
A channel breakout on a weekly time frame with great price action in APLAPOLLO. There is an immediate upside of 15% (first target)... The company has good fundamentals and the risk-reward in this swing trade is very good!
Adsl can look on dips around 109-106 for tp of 250 sl 65 on closing basis please motivate us by giving likes so we can bring more profitable charts Disclaimer : please do consult your financial advisor before any investment to subject market risk.
Dear friends, Looking at last week's chart, gold experienced a slight decline, but the long-term prospects remain quite positive. At the time of writing, the price is trading steadily around $2038, with support from the $2016 level. As long as the trend line remains strong, I believe gold will generate a breakthrough above $2045 and aim for my profit target of...
EURUSD remains mildly bid within a 10-week-old bullish channel as market players seek more clues to justify the previous day’s strong US inflation report, as well as comforting comments from ECB President Christine Lagarde. That said, the 21-SMA and Thursday’s Doji prods the Euro bulls amid bearish MACD signals. Even if the pair buyers manage to cross the 1.0985...
Currently, GBPUSD continues its upward trend as it surpasses the resistance level of 1.276, marking a 0.13% increase for the day. On the analysis chart, the upward momentum is still strongly supported by an unbroken trend line, and it has become even stronger as the USD is still recovering. RKarina's price target in the near future is 1.28 (A new peak is...
A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = MASTEK Time Frame = 1 Day
Dear friends, Currently, the price of Gold is not experiencing significant fluctuations, mainly hovering around the $2030 mark and still stuck in a downward trend. Regarding our trading strategy for Gold: On the analysis chart, Gold is being limited below the resistance level of $2036 and is confluencing with two EMA lines, further supporting the downward trend....
NSE:HDFCAMC Analysis on a weekly timeframe! Double Bottom Pattern in HDFCAMC! RSI Divergence in HDFCAMC! Entry = Above Neckline Stop Loss = Below 2216.95 Target = 3344.40 Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your research and analysis 3) Define your Risk to Reward...
Hello everyone, it's great to meet you all again for today's discussion on the price of gold!! Currently, the price of gold is trading around $2028, which is a decrease as expected from yesterday's session after a correction and a breakthrough below the previous support level of $2030. Regarding today's outlook: Gold continues to lean towards a downward trend as...
Hello dear friends, BTC is currently trading around $46,460 and the upside outlook remains intact as the EMA 34 and 89 continue to consolidate, however it remains confined below the $47,000 resistance area.
Dear friends, In today's analysis chart, we can observe the continuation of the recovery trend with today's trading price at 145.47, maintaining a consistent upward trend since the last decrease at 140.26. The target for this price increase will be at the 0.618 and 1.618 levels, coinciding with Fibonacci. If you find this information useful and beneficial,...