Adani Break OutAdani Enterprises CMP: 4165
SL: 3930
Target: 4390 (as per Daily TF - VCP)
5300 (As per Weekly TF - Flag & Pole) - This is difficult but u never know with Adani Stocks. If we get 1:1 then trailing as per hourly swing pivots would be good.
RR: 1:1 (for target 4390)
4.86:1 (For target 5300)
Reason:
1 - RS is rising
2 - RSI is trending
3 - Good Volume on Break Out
4 - Above all moving averages on Daily and Weekly
5 - Break out of VCP( On Daily)
6 - Break Out of Flag & Pole ( On Weekly)
Disclaimer: The buy and sell recommendations provided in this report are for informational purposes only and do not constitute financial advice. The information contained in this report has been obtained from sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. Any opinions expressed in this report are subject to change without notice.
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Technicalindicators
What is left after the gold CPI news?Gold prices make a modest recovery from July 7 lows around the $1911-$1910 region set during the Asian session this Friday and, for now, appear to have broken a four-day losing streak. price. XAU/USD is now trading around the $1,915-$1.916 region, up more than 0.10% on the day, despite a lack of bullish confidence and remains vulnerable.
The US dollar (USD) is having a hard time capitalizing on a solid overnight bounce from over-week lows on weaker consumer inflation figures from the United States (USD) and a pullback. from the vicinity of the monthly high. The softer greenback is seen as the main driver of money flow towards the US dollar-denominated Gold price
GOLD 9/8 : What will happen to the gold CPI news?Gold prices attracted some buying power during the Asian session on Wednesday and partially recovered the previous day's losses to the $1,923-$1,922 region, or four-week lows. XAU/USD is now trading just below $1,930, up nearly 0.20% on the day, though any meaningful upside still seems elusive.
A generally softer tone around the equity markets, coupled with a modest drop in the US Dollar (USD), turned out to be the main support factor for Gold prices. Weaker China trade data released on Tuesday raised concerns about a worsening outlook for the world's second-largest economy. In addition, Moody's downgraded the debt ratings of a number of US banks and reduced investor demand for riskier assets. Anti-risk money flows tend to favor safe-haven precious metals.
XAUUSD 8/9 : Today's CPI ForecastXAU/USD fell sharply early in the US session, hitting a fresh 4-week low of $1,922.74 per troy ounce, as demand for the US Dollar increased following comments from Reserve officials. Federal. unified report on the Consumer Price Index (CPI) of the United States (USA) July.
Philadelphia Federal Reserve Bank President Patrick Harker said they are getting back to more normalcy and while looking at the possibility of a soft landing, he added that supply chain problems are recovering. Furthermore, he said the Fed can be "patient" and keep rates steady, though he made clear September's decision will depend on upcoming data.
XAUUSD 10/8 : CPI is approachingGold (XAU/USD) prices fell to a one-month low as they fell to $1,914 in the early hours of the Asian session on Thursday. With that said, the precious metal doesn't welcome any positive news from China, or a drop in the US Dollar ahead of US inflation data. The reasons could be related to market concerns about the health of the banking industry and the global economy.
If the US inflation data turns upbeat, Gold Price could soon breach the key support level and slide below the $1,900 support while the upbeat outcome could trigger a corrective rally. correction has been long awaited.
IDFC LTD - 70% RETURNS!!!BUY - IDFC LTD
CMP - Rs. 100
Target - 1: Rs. 120
Target - 2: Rs. 145
Target - 3: Rs. 170
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Technicals - Resistance BO
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NOTE: 1) Tentative period for Target - 1 is 3-4 months.
2) Tentative Period for Target 2&3 is 1-2 years.
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This is just a view by an expert analyst, please invest at your own risk.
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Follow me for more!
#Drow Trend Line Like Professional🤑💸#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
whats is trend line?
Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move.
KEY TAKEAWAYS:
1. Trendlines indicate the best fit of some data using a single line or curve.
2. A single trendline can be applied to a chart to give a clearer picture of the trend.
3. Trendlines can be applied to the highs and the lows to create a channel.
4.The time period being analyzed and the exact points used to create a trendline vary from trader to trader.
What Do Trendlines Tell You?
The trendline is among the most important tools used by technical analysts. Instead of looking at past business performance or other fundamentals, technical analysts look for trends in price action. A trendline helps technical analysts determine the current direction in market prices. Technical analysts believe the trend is your friend, and identifying this trend is the first step in the process of making a good trade.
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Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
what is option ?
Options are a type of derivative product that allow investors to speculate on or hedge against the volatility of an underlying stock. Options are divided into call options, which allow buyers to profit if the price of the stock increases, and put options, in which the buyer profits if the price of the stock declines.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai laken wo Backup bhi ready kr rhe hai take 2023 kese wjh se krab bhi jaye to economy
pe zada Farak na pade..
KOLTEPATIL Stock Analysis: Is it a Buy?Kolte Patil Developers (KOLTEPATIL) is a leading real estate company in India. The stock is currently trading above its 50-day moving average and 200-day moving average, which is a bullish signal. The relative strength index (RSI) is also in the overbought territory, which suggests that the stock may be due for a correction.
Technical indicators:
Moving averages: The stock is currently trading above its 50-day moving average (MA) and 200-day MA, which is a bullish signal. The MAs are sloping upwards, which suggests that the trend is bullish.
RSI: The RSI is currently at 70, which is in the overbought territory. This suggests that the stock may be due for a correction. However, the RSI has been in the overbought territory before and the stock has continued to rise.
Bollinger Bands: The Bollinger Bands are currently expanding, which suggests that volatility is increasing. This could be a sign that the stock is preparing for a breakout.
Trading strategy:
Investors who are bullish on KOLTEPATIL could consider buying the stock on a dip to the support level of 382.93. Investors who are bearish on KOLTEPATIL could consider selling the stock on a rally to the resistance level of 425.25.
Technical learning:
The moving averages are a simple but effective technical indicator that can be used to identify trends and support and resistance levels. The RSI is a momentum indicator that can be used to measure the speed and strength of a trend. The Bollinger Bands are a volatility indicator that can be used to identify periods of high and low volatility.
bullish stock
upside potential
support and resistance levels
technical indicators
trading strategy
KOLTEPATIL, stock analysis, technical analysis, trading view, real estate, India
Banknifty : intraday analysis; bullishBanknifty (weekly )
More probability is there for "BULLISH "
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For " long "
entry: 45765 / 46020
target: 46450
stoploss: 45700 / 45900
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For " Short"
entry: 45660
target: 45500
stoploss: 45770
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Enter only if market Breaks
"Yellow box" mentioned.
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wait for proper reversal and conformation.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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refer old ideas attached below