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.
Greetings celestial beings, Presently, the price of gold is displaying favorable momentum as it remains above the significant threshold of 2000 USD at the commencement of this week's trading session. As of the time of writing, it is fluctuating around the mark of 2004 USD. Simultaneously, the US Dollar Index (DXY) is hovering around 106.6, having retraced from...
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
World gold price stood at 1,950 USD/ounce, a sharp increase of 18 USD/ounce compared to last week's closing session. After hitting a 7-month low and experiencing a series of 9 consecutive days of decline, gold prices have begun to recover since last week's session. It is predicted that gold prices will decrease this week. However, the precious metal appears to...
🌹Gold price today continued to decline to 1,818 USD/ounce, equivalent to a decrease of 0.55%. This is the lowest price of the world gold market in the past 10 months. 🌹Gold weakened in the context of increased demand for holding greenbacks, creating momentum for the USD Index to sometimes increase from 106.17 points to 106.9 points, helping the USD increase in...
True to yesterday's forecast, the price of gold continues its descent into a deep pit. Public expenditure in the US is currently at a record level, and the budget deficit is also very high. As a result, inflation will be high and will force interest rates to rise. The Federal Reserve (Fed) has signaled that it will continue to raise interest rates and maintain...
⚡️Market news Gold hit a 6-1/2-month low on Wednesday as support at $1,900 an ounce since early August collapsed amid continued investment flows from the yellow metal to the dollar and treasuries. silver. The most active gold futures contract on New York's Comex, gold for December delivery, was steady at $1,890.90 an ounce, down $28.90, or 1.5%. Gold's previous...
As expected, yesterday we witnessed a very unique performance in gold with a significant decrease. Gold actually fell to $1900/ounce, facing selling pressure from the rising US Dollar (USD). However, this is also considered an important support level because it was previously a milestone marking the development of gold prices pushing to higher levels. In terms of...