Weak economic data, along with CPI and PPI data released earlier this week, reinforced the view that the Fed's rate hike cycle is over. This has strongly affected US government bond yields and caused the 10-year government bond yield to fall below 4.45%, approaching the lowest level since the end of September. With the market expecting the Fed to gradually loosen...
Gold prices rose slightly in European trading yesterday, but fell again at the close. Meanwhile, UK inflation is showing signs of declining. Specifically, the UK Consumer Price Index rose by 4.6% in October, the slowest rise in two years, and a significant decline compared to the previous month's 6.7%. The main reason is falling fuel prices. Furthermore, the...
EURUSD appears all-set for the weekly gain even if a three-month-old descending resistance line and the overbought RSI (14) restrict the pair’s immediate upside. It’s worth noting that the bullish MACD signals and the quote’s successful trading above the key Fibonacci retracement ratios, as well as the SMAs, keep the buyers hopeful. That said, the 61.8% and 50%...
The dollar traded steadily again as information on the US unemployment situation revised expectations for Fed rate cuts. Domestically, some banks this morning lowered their US dollar transaction rate from VND5 to VND20. The dollar had fallen further after weaker-than-expected consumer price data raised concerns among many that inflation was slowing rapidly toward...
Nifty Weekly Expiry Analysis Between the last expiry and today, Nifty50 has gained 359pts ~ 1.85% and broken 2 important resistance levels. We almost took out the 19776 resistance today but for a strong red candle @ 14.15. Nifty Today Analysis Recap from yesterday: “On the 1hr chart, the next target to break will be 19776 which is just 100pts away. Something...
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Gold is seeking for Big Players to short and to trap buyers from here. Retailers are trying to push gold above 1980 and even above 2000 but they(MM) have some other plans. Retailers did not come out from the mindset of buying, but there is still a chance for buyers if war escalates. Fundamentally and Technically gold is down. Stay updated!!
📊 Details Sundaram Finance Holdings Ltd is primarily engaged in the business of Investments, business processing, and support services. It has a 100% subsidiary which is an outsourcing company offering various support services to large and mid-sized firms in and outside India. Disclaimer: This analysis is solely for educational purposes and does not make me...
According to a Reuters poll, the U.S. monthly core CPI was expected to rise 0.3% in October, up 4.1% from the same month last year. The estimated intensity for September was similar for both. This statistical range could strengthen expectations that the Fed will raise rates further in December, raising rates between 5.50% and 5.75%. However, the market...
If the price croses 267.95 Entry Price : 268 Stop loss : 246.15 Target: 308 , 309, 310
Gold price braces for the first weekly gain in three while defending the week-start rebound despite the previous day’s retreat from a convergence of the 100-SMA and a two-week-long falling resistance line, currently around $1,973-75 by the press time. It’s worth noting that a one-month-old horizontal area joins upbeat RSI (14) and bullish MACD signals to keep the...
📊 DETAILS Sector: Speciality Chemicals Mkt Cap: 2,688 cr Apcotex Industries Ltd is engaged in the production of various types of synthetic latex and synthetic rubber. It was started in 1980 as a division of Asian Paints, manufacturing synthetic latex and was later spun-off as a separate company under the leadership of Mr. Atul Choksey, former MD of Asian...
📊 Details NESCO is engaged in the businesses of Licencing premises in IT park buildings and providing related services, licencing premises for exhibitions and providing services to the organisers, manufacturing of machines and capital equipment, and providing hospitality and catering services.(Source : 202003 Annual Report Page No:74) Disclaimer: This...
I daily make educational content videos for swing / positional trading
Trend line Breakout on monthly tf. TGT are mentioned. Plan acc. to your risk. Plan to buy in sip form or wait for dip. ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: we are not SEBI registered. this is not buy and sell advice. ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: keep learning keep growing
Can plan after breakout. Possible 1st tgt is 400. Psu stock :- whole sector is bullish. ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: we are not SEBI registered. this is not buy and sell advice. ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: keep learning keep growing
Swing trade opportunity in EICHERMOT Entry - 3413 Target - 3740 DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
THis is Giving Breakout and chart Lookin g Bullish and For this You Can Enter Here with the Price of 46.95 You need to make SL of 41 WIth Target of 49 - 52- 55- 60 Take Risk as per Your Capital U can Take This into Spot or Either Leverage on Crypto Exchanges #CRYPTO # egld #SWINGTRADING