- Bitcoin made a strong weekly close last week and is currently trading above 63,500$ - Bitcoin currently looks ready for a retracement and can retrace towards 59-61,000$ - Place your Altcoin and Ethereum bids accordingly after understanding Bitcoin's price action - Do not overlap your risk rather manage it wisely
Technical Analysis: Breakout: Holy circuit breaker, Batman! Power Mech just blasted through its resistance like a bull in a china shop full of lightbulbs! Rectangle Pattern: After months of playing ping-pong between support and resistance, this stock finally decided to stop teasing and make its move. Volume: Volume accumulation suggests traders are piling in...
Gold costs are predicted to growth due to the fact hobby prices will decrease and the USD will weaken. Gold costs are trying out degrees above 2,four hundred USD/ounce. Indicators display that gold costs have an upward trend. Gold costs are predicted to preserve to growth withinside the close to future. Gold rate for August shipping is coming near 2,four hundred...
US Federal Reserve (FED) Chairman Jerome Powell and expect US employment data to be released later this week for further signals on US interest rate cuts. Yields on 10-year Treasury notes hit a one-month high and remained high, making non-yielding bullion less attractive. The market remains very sensitive to any discussion about interest rates or anything related...
Gold costs will remain caught until "some thing shakes up the marketplace as a whole." to get better again to 2,340 USD/ounce. This absolutely offset final week`s losses. Investors need to now no longer promote at the moment due to the fact "in case you are preserving gold long-term, there's no purpose to promote due to the fact the charge remains above 2,2...
Things look really nice on MKR lately as the 3D Demand got tagged and respected quite well. The visible volume range is supporting MKR here quite well and this could be a lovely spot bag one could hold. The BPR above is going to be the only problem for MKR in the future. Going to keep watching it and trying to catch an entry on the lower time frame. I will post...
This chart tracks the price movements of Gold in USD per ounce over a four-hour timeframe, as of June 13, 2024. Here’s a simple breakdown: 1. **Current Price**: Gold is trading at around $2,301.84. 2. **Resistance Levels**: There are significant resistance points where selling pressure is high at around $2,340, $2,380, and $2,420. These levels are where the...
NSE:EQUITASBNK Last Closing Price: 💵 107.20 50-Day Moving Average: 📈 Crossed Over @ 406.52 (Short Term Bull Run) EMA & MA Crossover: 🔄 Pending @ 104.00 & 102.62 (Bullish Trend Re-establishment Expected) Parabolic SAR: ✅ Bullish @ 99.00 Fibonacci Levels: Closed Above 📏 0.382 @ 106.05 Next Target 🎯 Above 0.50 @ 108.05 (Strengthening Buy Signal) ...
Hii Dear Traders, I have analysed the GOLD Trading setup in 1hr time frame. Reason: The market is already in big box like sideways if you look but this last support was broken with little gap down, so as per the price action market will be down to take support from the high potential area, please analyse and share the feedback.
- Nifty is currently trading at a crucial zone and POI - Nifty's recent dump was completely bought back - Nifty is trading at a crucial zone and I would like to see how the reaction is going to be once NIFTY starts trading above 23,400 - Another weekly close can signify a very good impulsive wave for NIFTY
- Bome and many othher meme coins related cryptos are moving impulsively in every pump that BTC/ETH shows. - Our job as a trader is to swing our money wherever there's volatility and a strong long structure setting up - BOME looks to me and it has already started moving and IMO we can soon extract 15-25% out of this swing just show some patience and let your...
BankNifty was unable to break the 48947 resistance today, except for the 10.18 candle, rest 5 candles touched the 48947 resistance level. In 3 instances we went above, but could not sustain. If any of the candles closed above this level, I would have changed the stance to bullish. As of now maintaining the neutral stance with a slightly bullish tone. All eyes are...
Coromandel Intl (NSE) has been on an upward trend for the past few months, with higher highs and higher lows. Recently, the price appears to have broken above a resistance level around ₹1,271.69, which could signal a continuation of the uptrend. Additionally, the trading volume on the day the chart was published was slightly above average, indicating potential...
Signal: BUY 📈 Confidence: 90% Take Profit Target: 1,600 INR 🟢 Stop Loss Target: 1,300 INR 🔴 Analysis: Strong Uptrend 📈 The stock is in a clear and strong uptrend, making higher highs and higher lows consistently. Volume Increase 📊 There is a significant increase in volume accompanying the recent price rise, indicating strong buying interest. Support from...
Hello everyone, i hope you all will be doing good in your trading and your life as well. I have brought an auto ancillary stock which has given a breakout with huge volume addition on chart, this type of structure usually supports breakout. MACD and RSI also giving bullish crossover, price is above 200-DEMA. All this indicating bullish moment in this stock. ...
Short Term Trading Advice by Naranj Capital Buy Cenovus Energy ● Buy Range- 20.6 - 20.9 ● Target- 22.2 - 22.5 ● StopLoss- 20 ● Potential Return- 6-8% ● Duration- 14-15 Trading Days
- Elgi is building up the strongest base that I haven't seen in any other NIFTY 500 stock so far watch out for this - No HL OR LL so far trend looks intact - Another Liquidity grab can be possible so watch out for that - Accumulation ZONE - 625-640 - Risk - 3-4% - Portfolio Allocation - 10-20% Manage risk properly first reward comes second
- This is all about some raw facts that people don't consider before they go full time trading