Even though this looks like there is a support on Nifty; please be careful of any Long positions. Monday is a holiday due to Christmas so there's going to be a long weekend. Capital preservation is Key.
SOL/USDT (Solana to Tether) trading pair. Please note that I am not a financial advisor, and trading always involves risks. It's important to do your own research and make decisions based on your own analysis and risk tolerance. Your provided information suggests a bullish outlook for SOL/USDT with a buy long recommendation. Here's a summary of your...
EURUSD seesaws within a week-long bullish pennant formation, bracing for the second weekly gain, as markets await this week’s key US data. Not only the bullish pennant but the bullish crossover of the 50-SMA to the 100-SMA also keeps the Euro buyers hopeful. It’s worth noting, however, that the RSI and MACD fail to inspire the pair bulls. As a result, a fresh long...
* Gold Price Movement: Gold prices are uncertain and fluctuating. * Upcoming Data Release: The market is waiting for the US core PCE price index data for November. * Fed Bostic's View: Atlanta Fed President Bostic sees no urgency for interest-rate cuts, emphasizing the strength of the US economy. * Fed Barkin's Approach: Fed's Barkin is data-dependent for rate...
Ethereum's price is currently above a crucial support level at $2,147, maintaining a bullish outlook. Bears are gaining strength, as indicated by the Relative Strength Index (RSI) below 50 and red bars on the Awesome Oscillator (AO) moving towards zero. The Moving Average Convergence Divergence (MACD) shows positive histogram bars but had...
GBPUSD retreats toward 1.2700 ahead of the UK inflation release on Wednesday, after snapping a two-day losing streak the previous day. Even so, a two-month-old rising trend channel joins the upbeat RSI (14) line, not overbought, to keep the Cable buyers hopeful unless the quote stays beyond 1.2620. Even if the pair defies the bullish chart formation by sliding...
Bullish Bias: Weekly chart indicates a bullish bias for Gold. Relative Strength Index (RSI) comfortably above 50. RSI-based 20-period Moving Average provides additional support. XAU/USD remains within the upper half of a long-term ascending regression channel. Key Levels: Interim resistance at $2,060 with 61.8% Fibonacci trend-based extension. ...
USDJPY prints a three-day uptrend while extending the previous week’s recovery from the lowest level since late July after the Bank of Japan (BoJ) defends the current monetary policy. In doing so, the Japanese central bank rules out concerns surrounding its gradual exit from the ultra-easy monetary policy amid a recent increase in inflation. With this, the Yen...
Aptos Overview: Cryptocurrency: Aptos (APT) Current Price: $7.79 Recent Change: -4.79% in the last 24 hours Last Week's Price: $8.41 All-Time High: $19.92 (January 2023) Future Predictions: Best-Case Scenario (2024): $12.65 Worst-Case Scenario (2024): $6.23 Predicted Price (February 2024): Average $9.08, Highest $9.71 Predicted Price (June 2024): Average $9.61,...
Fiday’s pullback in Gold price from near 8-day highs of $2,048, the path of least resistance still remains to the upside. The daily technical setup for Gold price will continue to favor bullish traders so long as the 14-day Relative Strength Index (RSI) indicator holds above the midline and the price manages to defend the 21-day Simple Moving Average (SMA) at...
📌SWING TRADE FOR NEXT WEEK🚀 Hello guys, I am a swing trader by passion i only trade on swing stocks. 📌I post daily SWING CHARTS analysis on my trading view profile.. so let's start 📌TRADE ANALYSIS OF HFCL :- •Breakout of symetrical pattern on WTF with strong candle •Break counter trend line and •Volume increases last few weeks high •Bullish trend/ make...
Crompton, After a huge rally, in the top it has formed a head and shoulder in daily time frame. after huge downfall it has retraced a bit and formed bearish flag.... and it may continue to fall upto given levels .... Make decision wisely...
AUDUSD edges higher past 0.6700 after posting the biggest weekly gains since the mid-November. In doing so, the Aussie pair defends Wednesday’s upside break of descending trend line stretched from early February, now immediate support near 0.6650. The resistance break joins upbeat RSI (14) to keep the buyers hopeful. However, the MACD signals appear less bullish...
For Educational Purpose only good above 977 for target of 1) 15% 2) 30% 3) 60% Also long term view above 2X SL Daily Close below 860 Analysis of Piramal Enterprise Chart 💹 Good to buy above 977 Good Breakout in weekly timeframe on 22nd May at present support confirmed on 0.618 fib golden level also good volume coming in this week also it form Double...
NIFTY ENERGY Sector Analysis (1W TF) - 16th December 2023 Pattern: SYMMETRICAL TRIANGLE BREAKOUT - The entire sector has been on a good up move since beginning of 2023 #stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia
Medplus Bullish Divergence seen on daily tf positional view will be for 900 from 813 above with risk reward ratio of 2.08 dc : only for educational purpose
USDJPY prints mild gains around 142.00 to snap a three-day losing streak at the lowest level since late July. In doing so, the Yen pair portrays a corrective bounce amid oversold RSI (14) conditions. However, the bearish MACD signals and the 200-SMA hurdle, at 142.50 by the press time, challenge the quote’s recovery. Even if the pair manages to cross the 142.50...
🌟 **Stock Alert: MUTHOOT Finance (CMP: ₹1415)** 🌟 📊 **Fundamentally Strong Pick!** 🎯 **Targets: ₹1500 and ₹1700 (Minimum)** 📉📈 **Technical Analysis: Cup and Handle Breakout!** 🚀 **Reasons to Consider:** 1. **Fundamental Strength:** MUTHOOT Finance boasts robust fundamentals, making it a resilient choice in the market. 2. **Cup and Handle Pattern:** Technical...