Let's delve into the motivation behind today's gold market! Early on Tuesday, gold slightly surpassed the crucial $2,150 mark due to predictions of the Federal Reserve cutting interest rates this year. Comments from Fed officials, indicating a dovish stance, have put pressure on the US Dollar, thus providing significant support for gold priced in USD. Looking at...
Hello everyone! EUR/USD has bounced back after two consecutive losing sessions, marking a comeback from recent weeks' lows around the 1.0800 light, countering the US Dollar's bearish bias. Starting the new week on a lighter note, the Greenback's recent rally has weakened, sending the US Dollar Index (DXY) falling below 104.00, despite US interest rates being...
Hello astute and wealthy traders! Let's delve into today's market dynamics! Gold (XAU/USD) continues to maintain a consolidating sideways trend this Tuesday, staying within the familiar range established over the past three weeks. However, the balance seems to be leaning towards the bullish side as the Federal Reserve prepares for a less restrictive policy...
📊 DETAILS Sector: Electric Equipment Mkt Cap: 25,373 cr Apar, founded by Mr. Dharmsinh D. Desai in 1958, is a market leader in India with a global presence. Contributing to India’s process of electrification it started from manufacturing power transmission cables to having three broad business segments, which are Conductors, Transformer and specialty oils...
Nifty opens with gap down and bulls enter into the market and made days high that is 22073. Index has formed green body shaven bottom candle which indicates participants were buying from lower end. Candle is above 50 Day’s Exponential Moving Average. Nifty is able to hold above on 22000 level so that next hurdle level can be 22115 and weakness could be seen...
26 MARCH 2024 WORLD MARKETS 1. All the world Markets are consolidating with a bullish bias. INDIA VIX AND GIFT NIFTY 1. India VIX is up 5% at 13. 2. GIFT Nifty is indicating a flat opening with a negative bias. INDEX HEAVY WEIGHTS 1. HDFC Bank has closed below 1430 which was a crucial support. 1410 -1400 remains a strong support. A break of 1420 will give us...
The stock has been in downtrend for past few days however this was the prepration for making a handle moreover this donward trend would no longer be continued as formation of double bottom has been taken place however the fundamentals of the stock are in a concerning state short term postion in the stock can be made eliminating the long term positions
Classical head and shoulder pattern visible in ICICIPRU Level to watch 600 to 620 Manage your Risk. ## For Learning Purposes
The stock has been forming a rounding bottom pattern and this similar pattern was witnessed in BSE as well which turned out to be pretty rewarding . the fundamentals of the stock are pretty progressive and growing , both the technicals and the fundamentals are supporting each other.
NSE:CNXFINANCE Maximum Call writing is at 21000 strike. 15 Minute closing above 21820 level may lead to 20975 - 21000 level. Trailing Stop Loss 20740. 15 Minute closing below 10670 level may lead to 10530 level. Trailing Stop Loss 20740.
NSE:NIFTY_MID_SELECT Maximum collective Call Put writing is at 10400 strike. 15 Minute closing above 10440 level may lead to 10525 level. Trailing Stop Loss 10380. 15 Minute closing below 10360 level may lead to 1st target 10315 level and 2nd target of 10270 level. Trailing Stop Loss 10420.
NSE:BANKNIFTY Highest Call writing at 47000 strike with 21.57 Lakh Contract. If 15 Minute candle close above 47000 level, BankNity may lead to 1st target of 47250 and 2nd target of 47490 level. Trailing Stop Loss starting from 47790. Highest Put writing at 46500 strike with 22.14 Lakh Contract. If 15 Minute candle close below 46580 which may lead to 1st...
Daily time frame volume buildup is good enough. Forming cup and handle continuation pattern. 2018 high breakout successful but wait for retest for conformation. Note: I do my analysis, do yours before trade.
NSE:NIFTY 15 Minute candle close above 22125 may lead to 1st target of 22200 and 2nd target of 22320 with Trailing Stop Loss starting from 22050. 15 Minute candle close below 21990 may lead to 21910 level with Trailing Stop Loss starting from 22050.
📊 Script: TRITURBINE 📊 Sector: Capital Goods - Electrical Equipment 📊 Industry: Electric Equipment Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages also giving Crossover. 📈 Right now RSI is around 71. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 537 🟢 Target 🎯🏆 - 591 ⚠️...
Based on price action, Considering the gap to be filled on downside and side movements from past few days, There is a high chance of gap filling and possible hero or zero trades from 46300 levels if there is a short covering
#Banknifty:27th March Step1: If GD then long zone between 46583-46528. S-1 Step2:46490- S-2 Step3: Exit 46793. Step4: If opening GU level 46650 then wait for S1 and get long. Step5:If Gap up above 46700 short after 15 min.
Darvas Box Range Breakout RSI above 70 and rising Trading above EMA50 Volume increasing Higher High, Higher Low formation Disc: for study, not a recommendation