The Stock is giving a big breakout of all time high levels of 5813 on daily and weekly chart after almost 2 years. If today the stock managed to close above 5813 the breakout will be said a successful breakout and possible level of targets would be: 1st target - 7000, 2nd target - 9171, 3rd target - 11329. This stock shared is for educational purpose and does...
Date : 11-Oct-2023 Rating : Buy LTP : Rs. 448.25 Target: (1) Rs. 455, --> (2) Rs. 480, --> (3) Rs. 500 SL : Rs. 433 Exit Plan : Follow the 7D/13D EMA cross down on closing basis. NSE:ITC has given double break outs. From its current short term down trend and from double bottom pattern. Have closed above 20D MA. EMA, MACD and RSI giving bullish sign with...
This Auto Ancillary Stock has been beaten up enough. On the Technical Indicator RSI for Daily, Weekly and Monthly chart is gaining strength. However, care should be taken cause any correction in stock could take a deep dive. One can take a risky bet for a Target of Rs. 620 and above which could rally upto Rs. 700. A very strict Stop Loss to be kept at Rs. 550 and...
📌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 AURUM PROPTECH :- •Breakout of symetrical pattern on WTF with strong candle •Break counter trend line and hidden lines •Volume increases last few weeks...
-Strong fundamental stock. -Available at very cheap P/E of 8 only. -YOY 25% OPM -Whopping 70.5% ROCE. -60%dividend payout. Stock currently in consolidation phase with cup and handle formation. -Buy above 363 -Target 385 -Stop loss 347 Dip level buying was 238
📌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 IBREALEST :- •Breakout of symetrical pattern on WTF with strong candle •Break counter trend line and hidden lines •Volume increases last few weeks high...
📌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 IRCTC :- •Breakout of Darvas Box pattern on DTF with strong candle •Break Major Resistance •Volume increases last few day's high •Bullish trend/ make good...
📌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 patanjali :- •Breakout of symetrical pattern on WTF with strong candle •Break counter trend line and hidden lines •Volume increases last few days high...
Stock has formed a Head and shoulder pattern who se neckline is identified at 553. A sustained move below 553 shall bring the stock down towards the measured target zone of 493-95 THEORY: This pattern forms after an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. The left shoulder is formed after a big bull rally in which...
BUY - BOMBAY BURMAH CMP - Rs. 924 Target - 1: Rs. 1330 Target - 2: Rs. 1850 Target - 3: Rs. 2150 . . Technicals - Bullish Symmetrical Triangle nearing BO . . This is a view by an expert analyst, please trade at your own risk. . Follow me for more!
An inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of BSE:AVANTI Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on...
BUY - RELIANCE POWER. CMP - Rs. 12 Target - 1: Rs. 20 Target - 2: Rs. 25 Target - 3: Rs. 60 . . Technicals - 1) Cup and Handle Pattern. 2) Bullish Flag BO . . Follow me for more! . . This is a view by an expert analyst, please trade at your own risk.
XAU/USD ended Wednesday's trading session at its lowest price in three weeks, hitting a new low of $1,905 as the inflationary backdrop in the US continued to frustrate gold investors. Gold continues to be rejected from $1,940.00 after last week's action saw the yellow metal fall back as US Treasury yields and the US Dollar (USD) continued to trouble scarf on the...
Gold prices extended the previous day's healthy recovery from $1,900 or above three-week lows and gained stronger traction for the second straight day on Friday. Momentum lifted XAU/USD to three-day highs around the $1,915-$1,916 region during the Asian session, although a meaningful upside move still seems unlikely. The US Dollar (USD) has pulled back from its...
Gold 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...
Gold 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...
Gold 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...
Gold 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,...