Gold prices are recovering after last week's sell-off as the US economy forced the Fed to adopt a more dovish stance. Weak manufacturer inflation data and a rise in initial jobless claims supported lower interest rates. Additionally, escalating geopolitical tensions, such as increased attacks by Hezbollah on Israel and more Russian warships in the Caribbean, have...
Hi, there is an long setup in EUR/USD pair on 1 Hr timrframe *Reasons for trade 1) rsi is oversold 2) pair is on support 3) it has made v recovery pattern with great buying volume #set stoploss as per your wish #one can also find entry on 15min earlier on there risk/analiys # *DISCLAMIER* " Don't trust...
Many people suggesting to take trade and go long for HOMEFIRST Please give it a day till it beraks the channel convincingly & then take a trade
In my previous post, I have discussed the current nature of crude oil as either a correction or an impulse. In either scenario, it is likely that we will witness a bounce towards the 6700 levels. It appears that wave 3 has concluded and we are currently in the 4th wave, which is anticipated to conclude between 6495 and 6415. If we observe any bullish patterns such...
Buy Alkem labs for a target of 6100, expecting target to be achieved in 2 months
Wipro has given breakout from a strong resistance zone,Buy Wipro for a target of 540 in 10 trading sessions
A tweet from Solana Plays profile on platform X showcased a chart suggesting a bullish trend for the daily chart, with potential to push the price to the $1 mark. Despite this, the price has seen a significant decline, dropping over 55% within 15 days, indicating a deviation from the expected bullish trajectory. Currently, if the price slips below the $0.2000...
Buy Jyotistruc has reversed from strong support, enter for a target of 54 in 2-3 months
As we discussed, NIFTY traded in a sideways-bullish zone on the upside with huge volatility in the short range. If we look at the chart now: The market is trading indecisive in a bullish zone. That may lead to a short correction in the market. The market is not going to be bearish unless EMA(13, 50) successfully crossovers. Right now, the market is very...
Breaking out of the channel with supported volume Huge sector tailwind behind Semiconductor manufacturing in India
Buy thejo for a target of 3200 in 10-15 sessions, stop loss daily close below 2450
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
As we discussed, BANKNIFTY could not break the zone to the downside; instead, after a heavy bearish candle, it ended strong bullish with huge volatility. If we look at the chart now: The market took support at 50 EMA and gave a great bullish momentum. The market seems bullish right now. The market is moving in an uptrending channel right now. One can make...
Hello Everyone, i hope you all will be doing good in your life and in your trading as well, i have brought a stock which is forming higher highs and higher lows pattern on weekly timeframe, recently i have observed the stock has shown huge volume spike on weekly chart, Stock is in uptrend and it is going to continue it's current bullish momentum in future as well....
Hello everyone, i hope you all will be doing good in your life and your trading as well, i have brought another stock which is ready to fly in blue sky. It is an independent company under professional management and have 2 business segments – Lighting and Electrical Consumer Durables. Company name is Crompton Greaves Consumer Electricals Limited, and it is one of...
Hello everyone, i hope you all will be doing good in your life and your trading as well. I have brought a stock which has given breakout of Triangle pattern on weekly time frame, price is sustaining above 50 EMA since 3 weeks, MACD Has also given bullish crossover. There is higher probability we can see upside momentum in near term. Good thing about this stock is...
The Indian Hotels Company Limited is an Indian hospitality company that manages a portfolio of hotels, resorts, jungle safaris, palaces, spas and in-flight catering services. The company is part of India's Tata Group. We recently see good amount of correction in this stock, stock of Indian hotel is on a support and now ready to cover past corrective move. CMP :...
Hello everyone, i hope you all will be doing good in your trading and your life as well. I have brought another stock which has given small rectangle pattern breakout on daily timeframe, breakout is supported by good daily volume creation on daily chart. Good thing we just found early so we can take entry on right time. Well company is really good with good...