After completion of ABCD, harmonic pattern. Buying strategy will be on breakout and retest of the entry price mentioned in the chart. (562.50)
Insurance sector in action with leading company giving all time high breakout. LIC of India is giving all time high breakout on daily chart. The volume in last 1-2 months are quite high and stock has till now given a returns of almost 30% in year 2023. This seems just the beginning of rally in this stock. The next possible levels on the chart is 1083 according to...
The stock is giving fresh breakout on daily chart. The last resistance it made was of 592 level on 15 Sept 2023. Now the stock is crossing this levels with good volume accumulations after a consolidation of 4 months. A fresh rally may come after this breakout. Keep this stock in your radar.
Apollo Tyre giving a fresh breakout on daily chart. The last high of 464 (on closing basis) on the daily chart was made on 19 Dec 2023. Now today that high has been broken with good volume accumulation. The long term chart of this company is very good and medium to long term investing can be done in this stock. Disclaimer: The stock shared is only for...
stock taking support at Bottom of 200 ema on daily chart. plan entry at 8055/- keep stop loss at 7780/- target 1- 8400/- target 2- 8700/- target 3-8900/-
showing perfet uptrend and currently giving retracement , so it could be opportunity for short term selling movement for recent expiry . confirmation : there is a perfet break of agressive trend in lower time frame .
A confluence of the 2017 high and PF line at 463.70 makes this price very important. On rejection of this, we can see a deep correction in the prices at least till 448 and 424 (long term) On breakout of this resistance, I am buying the stock for a target of 484.40 as the immediate target and 520 in the longer term.
All information given is only for educational purposes. I am not a SEBI Registered analyst. Please consult your financial advisor before investing.
Long Ramakrishna all important levels has given on the charts. Support taking 50 EMA on daily charts as well as stock near the breakout of the resistance area. Entry to be taken after the breakout. Good risk to reward trade. This is for your educational purpose only.
Gold prices edged lower at the start of the week after posting solid gains from haven flows that were seen outperforming higher government bond yields across most of the globe. The price of precious metals decreased not because gold's upward momentum was over, but because the market needed to consolidate with resistance at 1,985 USD/ounce. The geopolitical...
Currently gold is trading around 1980 USD and has increased a total of 7 USD today. It can be seen that after the Fed chairman's speech yesterday, gold's reaction was not too strong but still developed with the highest impressive number in the past two weeks since October 6. The reason gold prices increased cannot help but mention the fact that the gold market...
I am aiming for sells now. I am looking for 19223. Buyers are taken out completely
🍀Gold price trades higher around $1,930 a troy ounce, rebounding from the losses registered in the previous week. The pullback in the USD is providing support in strengthening the prices of Gold, which could be attributed to the lower likelihood of the US Fed keeping interest rates unchanged in the upcoming September. 🍀Gold price increased in today's Asian and...
Hello dear traders! Nice to see you all again to explore and discuss today's market! Currently, the gold price has had a slight decrease from the previous session after reaching a peak of $ 1,952.79 / ounce, the highest this month, then falling to $ 1,936 / ounce. Gold is expected to see significant changes ahead of the Federal Reserve's upcoming monetary policy...
GBP/USD clings to small daily gains but finds it difficult to surpass 1.2500 on Friday. The bullish opening in Wall Street makes it difficult for the USD to continue to outperform its rivals and helps the pair hold its ground heading into the weekend.
At the end of last Friday's session, GOLD had confirmation of a sideways accumulation around the 1916 - 1928 border after the price tried to push up past the 1928 peak but then sold back strongly during the night of Friday, which This shows the hesitation of investors before the US inflation announcement on Wednesday night this week. If we label the short-term...
⚡️In a speech at the central bank conference in Jackson Hole, Wyoming, Fed Chairman Jerome Powell said inflation remains too high even with recent favorable figures and that the US central bank has room to substantial basis to regain price stability. But at the same time, Powell noted that economic uncertainty calls for "aggressive" monetary policymaking and that...
Gold price today continued to maintain a downtrend and traded around 1925 usd/ounce. It can be seen that last night, the USD had a hot session again, causing gold to come under downward pressure and hit its lowest level in the past week. In the near future, the gold price may drop further to the threshold of 1,900 USD/ounce when the USD is still rising. If on...