In this chart I've shown The white lines as support and resistance. once there is a breakout on either side The red and green lines are the targets on each side. But the MACD has both EMA lines going upwards so The trend is probably going to be in bullish side. Analysis Dated on 30/12/2022 So, the BULLISH trade would be: Buy: 151 (if clear breakout) Target-1:...
Here I've provided both possibilities for the bank-nifty going bullish or bearish with their corresponding support and resistance levels. Though the EMA is pointing bearish its more likely to go bearish. But let's see what happens on Monday (02-01-2023). Also I'm open for any corrections or suggestions you'd like to share with me.
Gold portrays the second consecutive monthly gain as it flirts with the $1,800 threshold in the last few days. Although the 50-week and 100-week moving averages have clutched the bulls of late, the price-positive signals from RSI and MACD join the mid-November’s clear breakout of the previous key resistance line from early March to suggest the metal’s further...
It is said that History repeats itself. if that true then this chart can give bumper return.
1.Stock was on short term down trend making LH ,LL 2.Price is taking support of trend line . 3.formed a bullish engulfing patrn . 4.also broke its recent LH successfully . 5.Volume and RSI substantiates the analysis. Could give 3-5% in short term - educational purpose only .
20th oct 2021- 18598 has been the all time high for past 1 year now. since then price is in range bound till 15191. so from this low market seems to be bullish following impulse rules, until now 3 waves has been in line. for now I'm considering 4th wave is in making since the B wave cut pass wave 3 high and fell to 16646. which is a sign of bullish momentum and...
Gold might come for a reversal after a 1% fall looking bullish towards the day
Nifty if trade 18144 then think for CE if break 18070 then go for PE till 17970 & 17840
It has been observed only once before this, it was seen last time in the 2008 crisis. This could be an alert ⚠️ The regression channel is still intact, price is trending within the channel. The previous low of 10440 could offer support, below that things could go worse
Hey, Guys NSE:ADANIPORTS Adaniports is a long after falling Aggressively, It came up the very next day showing that the move was fake and came just to throw out the retailers. One can build longs as per their Risk appetite or Build Position Via Hedging (Debit Spread). Build Position Only After a good closing for the Day. One Can take the Target Of 975, Risk...
Stock had seemingly formed a toppish formation with curve formation now stock as long as trading below 2550 it can see slide towards 2280-2320 areas
Trenline breakout in IIFL Wealth Book profits within the first 30 minutes of the market opening - Try to exit by taking 4-5% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest...
Bank nifty Depend on Federal Reserve policy .If Rate High there is US Market Fall Similarly Indian Market also Fall. If Rate not that much high then there is Market will High with Good Rally.So Be flexible view with both Side. Now Move to Bank Nifty in One Day Chart Bearish Hammer, as well made Continues Higher low. BUY 15th DEC 43900 CE : above 44090 sustain...
THERE is high possibility of gold to become bullish in the coming week because it is retesting the key resistence levels in 4h and daily timeframe. also us economy is getting back to track , inflation eased to 7.1 percent which is a good indication to hold for gold as us us currency will go strong THEN GOLD ALSO WILL BECOME STRONG.. OANDA:XAUUSD...
Hathway broken a down trendline and made new higher high. Hathway may reach to 33,40. in 1-3 months. Note : only for learning note a trading recommendation.
USDCAD grabbed the bull’s attention ever since it crossed a two-month-old descending resistance line, now support around 1.3500. The upside bias also takes clues from the firmer RSI and MACD. However, the 61.8% Fibonacci retracement level of the pair’s October-November downside, near 1.3695, appears a tough nut to crack for buyers. Also acting as an upside filter...
The price has come out of the regression channel and took a bearish path. Considering the price pattern structure, it was expected the market to spend some time around important breakouts, this time it was about price sustainability over ATH, as we broke the previous high of 18600, it was expected the price behavior to become sideways, this is a usual phenomenon...