Trend Analysis
3.4 Gold price continues to maintain low bullish momentum3.4 Gold price continues to maintain low bullish momentum
1. Current market analysis
Trend: On Tuesday, gold price showed a clear upward trend, especially in the European session, breaking through the high point strongly, showing a strong bullish momentum.
Support and resistance: 2894-2896 area is the key support level, 2920 and 2942 are the upper resistance levels.
Gold fell back to around 2920, but the overall trend is still bullish.
2. Operation strategy
Long order strategy: Long around 2896-98, stop loss set at 2988, target 2921, 2942.
3. US market aftermarket
US market trend: It is expected that the US market may have a second pull-up, this judgment is based on the strong performance of the European session.
If the gold price can stand firm in the support area of 2894-2896, the probability of further rise in the US market is still relatively large.
Target: If the gold price can break through 2920, the next target can be seen at 2942. If the market sentiment continues to improve, it could even move higher.
Gold Long Term Neowave ForecastHello Everyone
FX:XAUUSD In this we are going to talk about gold in detail
## As long as we are above 2771, gold will bullish till May-June. But to confirm this we will need to wait for 2 or 3 more weeks, so buy in parts.
## Inner stucture is in correction of traditional ABC structure and still in developing phase. But i have remove them so that who dont understand neowave wont be confused.
## Apart from this i am adding Live link for fast updates. so if you have any query. Kindly leave a comment. I will be happy to guide you further more.
Live Link- in.tradingview.com
Double Bottom - Power Finance Corporation (PFC)PFC is currently in the process of forming a Double Bottom chart pattern at a strong support zone, indicating a potential reversal from a downtrend to an uptrend. The price is testing the support area, and the second bottom confirms strong demand in this region. A key signal for a bullish outlook is the breakout of the minor downtrend line, which suggests a shift in market sentiment from bearish to bullish.
Key Observations:
1. The Double Bottom pattern aligns with the psychological support level around ₹400, a significant price point for PFC. A breakout above this level is likely to confirm the continuation of the upward momentum.
2. Expectation of a Higher High and Higher Low series post-breakout, signaling the start of a new uptrend.
3. Strong demand at the current level suggests the probability of a positive breakout that will push the price above ₹400 and possibly higher.
Strategy:
Entry: Look for a clear breakout above ₹400 for confirmation of the pattern's activation.
Stop Loss (SL): Adjust stop loss according to the **measurement rule or follow your preferred trailing method to protect gains.
Target: Expecting an upside move, but avoid setting fixed profit-booking levels. Stay flexible with your exit strategy based on market dynamics.
Conclusion:
The formation of the Double Bottom at strong support, coupled with the breakout above the minor downtrend line, presents an opportunity for a positive price action move. A close above ₹400 could trigger further upside momentum, and staying disciplined with stop losses and trailing profits will help manage the trade efficiently.
XAUUSD Trading Plan – Key Levels, Market Structure & TradeSetupMarket Structure & Key Levels:
Major Resistance Zone (Short Setup)
Price is approaching a strong resistance level around $2,921 - $2,925 (marked in red).
This zone has acted as a 1M resistance, meaning a potential rejection could lead to a short opportunity.
The plan is to wait for bearish confirmation, such as a rejection wick, bearish engulfing candle, or strong volume decrease, before entering a sell trade.
Stop-loss (SL) should be placed above the resistance zone, with a take-profit (TP) around the next support levels.
Major Support Zone (Buy Setup)
A strong support area is identified around $2,894 - $2,897 (marked in green).
If price tests this area and forms a bullish confirmation candle (such as a bullish engulfing, pin bar, or hammer), it could signal a buy trade.
The logic behind this setup is that this support level has been previously respected, and buyers may step in again.
Stop-loss (SL) should be placed below the support zone, with a take-profit (TP) near the resistance levels.
Trading Plan & Risk Management:
✅ Short Entry: Near $2,921 - $2,925, upon bearish confirmation.
SL: Above resistance.
TP: Next support levels.
✅ Long Entry: Near $2,894 - $2,897, upon bullish confirmation.
SL: Below support.
TP: Resistance levels.
⚠ Risk Management:
Always use a risk-to-reward ratio of at least 1:2.
Avoid trading without confirmation signals.
Monitor volume and price action closely before entering trades.
📊 Conclusion:
Today's trading idea revolves around reacting to price action at key levels. If resistance holds, we look for short opportunities; if support holds, we look for buy setups. Patience and discipline are key to executing these trades successfully.
Avanti Feeds cmp 800.00 by Weekly Chart viewAvanti Feeds cmp 800.00 by Weekly Chart view
- Support Zone at 750 to 775 Price Band
- Falling Resistance Trendline Breakout done and now needs to sustain
- Rising Support Trendline seems to be respected and the Price is shouldering along the way
- Back to back Bullish Rounding Bottoms followed by recent Breakout this week with the Support Zone acting as the neckline to sustain
EURCHF - BEARS ARE READY TO PUSH PRICE LOWERSymbol - EURCHF
CMP - 0.9397
EURCHF has breached its trend support, disrupting its overall bullish structure. The strengthening of the US dollar is exerting downward pressure on the forex markets.
The fundamental outlook for the Eurozone remains highly negative, primarily due to the policies of the Trump administration and broader US economic conditions, particularly with regard to the ongoing tariff dispute. The strengthening dollar generally creates a challenging environment for the markets.
From a technical perspective, following the breakdown of the uptrend's support, bearish sentiment is solidifying as prices remain within the selling zone, confirming the dominance of the bears.
Key resistance levels: 0.9380, 0.9417
Key support levels: 0.9329, 0.9294
While a retest of the reversal zone at 0.9400 is possible, attention should currently be directed to the 0.9380 level. A sustained consolidation below this level could trigger further downward movement.
Watch for reversal signalsGranules CMP 461
Elliott- a correction that starts with a big bear candle or an inverted V types are generally the first leg of the fall. This is a typical zig zag corrective pattern. The weakness was a lot and hence the retracement was very less. I remember speaking about the weakness.
the stock is now down to a strong support as it is at fib and trendline support. I will want to see some reversal signals here. In my view its a high prob reversal zone.
AVANTI FEEDS - VCP Pattern Breakout Watchlist 📈 AVANTI FEEDS - VCP Pattern Breakout Watchlist 🔥
Formation: VCP (Volatility Contraction Pattern)
Today's Action: Forming a Wide Range Candle with rising volume 📊
Key Level: If closes above ₹797, can consider adding a small quantity ✅
Technical Strength: Trading above 50 & 200 DMA 📈
Support Levels: Marked below for reference
Volume: Picking up, indicating accumulation by smart money 💰
💡 Why Add to Watchlist?
✅ Wide Range Candles forming as price moves up with volume 🔥
✅ Sector Showing Strength – Group movements seen in similar stocks 🚀
✅ Accumulation Signs – Strong hands likely entering 📊
⚠️ Market Condition:
The market is weak & unstable 📉, so this is just an alert to keep on your radar. Once the market stabilizes, such setups tend to move well. Don't go all in—watch and buy in small quantities only.
📌 Action Plan:
👉 Keep on Watchlist 👀
👉 Wait for a strong close above ₹797
👉 Gradual accumulation, not aggressive buying
🔎 Do Your Homework in a Bear Market! 🧐
Stocks like this don’t just appear—they are selected based on patterns, volume action, and sector strength 📈
Bear markets separate smart investors from the crowd—use this time to analyze & learn 🧠
Bull markets don’t give time to learn—by then, prices move too fast! 🚀
In a bull market, mistakes are forgiven. In a bear market, even small mistakes can hurt 😓
📢 Final Thought:
📚 Bear markets are for learning.
💎 Bull markets reward those who prepared.
🚀 Stay ahead, do your research, and execute with discipline!
📢 Disclaimer: This is not financial advice. Do your own research before taking any trade. Risk management is key! 🚨
XAU/USD (Gold vs. US Dollar) on the 1-hour timeframeKey Observations:
Bullish Engulfing Pattern – A strong reversal signal suggesting upward momentum.
Ascending Trendline + Support Level – Price respects the trendline, reinforcing bullish bias.
Entry Confirmation – The breakout above consolidation inside the triangle.
Target Prices:
Target Price 1: First resistance level.
Target Price 2: Day’s high at $2,928.78.
Stop Loss: Set below the trendline and support at $2,901.60.
Vardhman Textiles LtdDate 05.03.2025
Vardhman Textiles
Timeframe : Weekly Chart
Fundamental Remarks :
1 Vardhman textiles is engaged in the business of manufacturing Yarn, Fabric, Acrylic Fiber and Garments with a presence in India and in 75 countries across the globe.
2 The group is among the top three woven fabric manufacturers in India.
3 Domestic - ~52% & Exports- ~49%
4 Revenue Mix
Yarn- 64%
Fabric- 32%
Acrylic Fibre- 2%
Others- 2%
5 The company caters to some big international brands like GAP, H&M, Walmart, Calvin Klein, Tommy Hilfiger etc.
6 PE Ratio 13.3 II ROCE 8.73% II OPM 13%
7 Strength - Company has reduced debt & stock is trading at 1.19 times its book value
8 Weakness - Company has a low return on equity of 12.3% over last 3 years.
Todays Update :
INDIA AIMS TO INCREASE TEXTILE EXPORTS TO THE U.S. MARKET.
THE TEXTILE MINISTRY WILL SOON CHAIR A KEY MEETING WITH INDUSTRY STAKEHOLDERS
Technical Remarks :
1 Currently trading at ascending base of triangle with the support of 200 WEMA
2 Developing weekly pin bar (candlestick)
3 Breakout confirmation above 38.2% & breakdown confirmation below 50%
4 Between the two ratios is no trading zone
Regards,
Ankur
ready to move ADANI ENTERPRISESCompany Overview
Adani Enterprises Ltd. is one of India's largest conglomerates, involved in diverse sectors such as energy, resources, logistics, agribusiness, real estate, financial services, and defense. With its headquarters in Ahmedabad, Gujarat, Adani Enterprises has expanded its presence globally, focusing on sustainable growth and infrastructure development.
Price Chart Analysis
Current Price: ₹2,919.10
Trend: The stock is currently in a consolidation phase with potential for an upward breakout.
Target Levels: ₹3,598.63, ₹4,300.25, ₹5,194.15, ₹7,775.35
Levels:
Primary Support Zone: ₹906 - ₹1608
Swing Zone: ₹2229- ₹1766
Technical Indicators
Relative Strength Index (RSI): 53.85 (Neutral momentum)
Volume: 65.77M
Key Observations
Current Price: ₹2,919.10
Price Change: -₹335.55 (-12.27%)
Volume: 65.77M
Timeframe: March 5, 2025
The stock is trading within a consolidation phase, suggesting potential for an upward breakout.
The RSI indicates neutral momentum, suggesting that the stock is neither overbought nor oversold.
The volume indicates a healthy level of trading activity, supporting the current price movement.
Earnings Overview
Q3 FY25 Net Profit: ₹1,280 crore
Q3 FY24 Net Profit: ₹800 crore
Revenue Growth: 25% increase to ₹15,000 crore
Key Highlights:
Adani Enterprises reported a net profit of ₹1,280 crore in Q3 FY25, compared to ₹800 crore in the same quarter last year.
The company's revenue surged by 25%, driven by strong performance across its business segments.
The company continues to focus on sustainable growth and infrastructure development, which has positively impacted its financial performance.
Conclusion
Adani Enterprises Ltd. is showing signs of potential upward movement, with key resistance levels ahead. The neutral RSI suggests that there is room for further upward movement without immediate risk of overbought conditions. Investors should watch for potential breakouts above the resistance levels and monitor the support zones for any signs of reversal.
EURJPY - CONSOLIDATING AT KEY SUPPORT WITH BULLISH POTENTIALSymbol - EURJPY
CMP - 156.50
EURJPY continues to consolidate near an important support zone. The support level marked on the chart has acted as a solid base for price action, offering stability to the currency pair and providing key support for the consolidation.
At the current market price, EURJPY presents a good opportunity for traders looking to enter long positions. The price is well-positioned for potential upward movement, making it an ideal entry point for those anticipating a bullish trend. Moreover, the ongoing downtrend in the US dollar is likely to provide additional support for the Euro, further reinforcing the bullish potential for the pair.
However, it is essential to keep an eye on price action near support zone. A breakdown below 154.80 area could signal increased selling pressure, and a sustained move below the 154.50 level would confirm a shift from a bullish to a bearish market structure. In such a scenario, a retest of the breakdown zone could provide a viable opportunity for short positions.
On the other hand, if EURJPY maintains its recovery, we could see a push toward the 158 and 160.85 levels, which represent significant resistance areas. A successful breakout above 161.00 levels would confirm trend reversal and potentially signal further upward momentum.
Key Resistance Levels: 158.00, 160.85
Key Support Levels: 156.00, 155.20
PFC has given Breakout of Falling Resistance Trendline in 30 MinHello Everyone, i hope you all will be doing good in your life and your trading as well, i am bring very short term trading idea on PFC, actually it has given breakout of falling resistance Trendline on very short term timeframe. I feel we should see good momentum in it, try to accumulate more when in comes near to 384-386. Probability is high we will see momentum in it.
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
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Gold : Another if this and then that scenario The current price is near the Daily Open and below the Previous Week High , suggesting a potential rejection zone where supply might dominate.
The recent pullback (as shown by the red arrow) indicates that smart money may be ready for another liquidity grab or correction to test lower demand zones. A bearish reversal from the current level could form, Price is likely to target the Previous Week Low.
After testing lower area as per red arrow, I expect a bounce back up, so I’d watch for a bullish candle—like a hammer or engulfing pattern in lower side and price can recover as per the green arrow (We have to wait for low confirmation )