15 minutes ago Open interest in gold futures markets extended the uptrend for another session on Tuesday, this time by around 3.4K contracts according to preliminary data from CME Group. At the same time, volume increased by nearly 45,000 contracts after two consecutive daily declines. Gold prices extended the pessimism in the first half of the week amid...
Strategic analysis OANDA:EURUSD Today's rich agenda is completed by the Minutes from last Fed's meeting, Housing starts and industrial production in the United States. Once again yesterday's reaction of the European currency up to the levels of 1,0950 confirmed my thought that despite the pressures that the Euro receives , every time it hits some local lows ...
BUY - GLAND PHARMA LTD CMP - Rs. 935 Target - 1: Rs. 1360 Target - 2: Rs. 1700 . . Technicals - Gap Down . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Signal has been identified OANDA:XAUUSD From a technical perspective, bearish traders need to wait for a sustained break below the very important support of the 200-day Simple Moving Average (SMA), currently pegged around the $1903 area. -$1902, before preparing for further losses. Some subsequent selling below the $1,900 mark will confirm a fresh breakdown...
Gold prices eased slightly during the Asian session on Monday and fell to the $1,911-$1,910 zone, or the lowest since July 7 in the past hour. However, the intraday downtrend lacks further selling, warranting caution for the strong bearish traders and positioning for the recent extension of the bearish trajectory witnessed in about the past three weeks. The...
Adani 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 -...
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...
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...
XAU/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...
Gold (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...
BUY - MAHABANK CMP - Rs. 30 Target - 1: Rs. 52 Target - 2: Rs. 77 Target - 3: Rs. 95 . . Technicals - Cup and Handle Pattern BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY - IDFC LTD CMP - Rs. 100 Target - 1: Rs. 120 Target - 2: Rs. 145 Target - 3: Rs. 170 . . Technicals - Resistance BO . NOTE: 1) Tentative period for Target - 1 is 3-4 months. 2) Tentative Period for Target 2&3 is 1-2 years. . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY - KPI GREEN ENERGY LTD CMP - Rs. 533 Target - 1: Rs. 690 Target - 2: Rs. 850 . . Technicals - Trendline BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY - K.P. ENERGY LIMITED CMP - Rs. 210 Target - 1: Rs. 320 Target - 2: Rs. 390 . . Technicals - Bullish Flag BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY - ANUH PHARMA LTD CMP - Rs. 95 Target - 1: Rs. 120 Target - 2: Rs. 160 Target - 3: Rs. 195 . . Technicals - Falling Wedge BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY - NOCIL LTD CMP - Rs. 222 Target - 1: Rs. 290 Target - 2: Rs. 325 Target - 3: Rs. 380 . . Technicals - Bullish Flag BO. Triangle BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY - KARNATAKA BANK CMP - Rs. 133 Target - 1: Rs. 165 Target - 2: Rs. 190 Target - 3: Rs. 220 . . Technicals - Cup and Handle Pattern . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY - DHANLAXMI BANK LTD CMP - Rs. 16 Target - 1: Rs. 21 Target - 2: Rs. 29 Target - 3: Rs. 36 . . Technicals - Inverse Head and Shoulders Pattern BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!