A strong bearish piercing candle formed in the compression zone. The candle gives a strong breakdown of the bands. Trend is negative with medium strength. The probability of down move of 7% is more than 60% Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Volatility range 49927 -47063. On fall and close below 47063 can show effects of negative divergence. Overall, for near term must hold 47063. Currently underperformance to NF is visible on relative terms. Further sustained breakout and close above 49927 is essential for upside momentum. Critical support 47063 needs to be held for volatility or consolidation.
An Inverted Hammer candle formed on the top of the trend. I use the Fibonacci tool for levels. Zone : Expansion Trend : Negative Probability > 65% (On Scale) CMP : 460.80 R1 : 507.10 S1 : 436.60 S3 : 393.00 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Stock trading below its intrinsic value its Best Buy for long term .Avoid futures and options it carries sustained risk if not managed properly.Options are contract carrying risk that are deeper to your pockets.Trade wisely and stay safe …..
This week, gold surged and fell after opening on Monday, and then fell all the way, which was in line with our expectations. After rebounding to the 2383 line yesterday, it fell under pressure and continued to fall after breaking 2350, eliminating the previous signs of rebound, and the lowest reached 2327. In the weak market, the daily line finally closed with a...
HDFC Life analysis as per dow theory for buying and shorting
Weekly TF : Technical Levels Trend : Positive Strength : Strong CMP : 1885.90 R1 : 2194.00 S1 : 1770.00 S2 : 1662.05 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
-In consolidation for 3 months (Long base means Big Breakout) -Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal. -Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside) -Signal...
Results: Solid Q4FY24 Rev at 47622cr vs 44253cr Other inc at 1194cr vs 491cr PBT at 8375cr vs 6026cr, Q3 at 5134cr PAT at 6490cr vs 4871cr, Q3 at 5208cr Solid QoQ and YoY uptick OCF at 40784cr vs 47151cr TA: Horizontal Line Setup, will be better if it adds a bit of consolidation right here near this level n BO.
In last 3 days we get massive profit Copper 71 points profit, Sold at 937 booked at 893 , again buy at 885 booked at 902. Again sold at 893 booked at 883 Gold Sold at 74100 , profit booked at 71400 , 2700 points profit Silver sold at 94000 , profit booked at 90300 , 3700 points profit Crude Sold at 6650 , booked at 6350 300 points profit On Our Harmonic...
In last 3 days we get massive profit Copper 71 points profit, Sold at 937 booked at 893 , again buy at 885 booked at 902. Again sold at 893 booked at 883 Gold Sold at 74100 , profit booked at 71400 , 2700 points profit Silver sold at 94000 , profit booked at 90300 , 3700 points profit Crude Sold at 6650 , booked at 6350 300 points profit On Our Harmonic...
INOX WIND is making a Triangle Pattern at Daily chart. It is at Resistance level, if breaks then we may see 200 soon, moving above 9EMA. Scenario 2: If it comes down then it will take support at 150 and from there we may see reversal towards 200. For learning and educational purpose only.
Nifty opens lower and made day low which is 22908 level, afterwards bulls drag the market upside and made All Time High that is 23026 level. Nifty was highly volatile throughout the trading session, Nifty traded in between +50 points to -50 points for whole day. Index has formed green body candle with long upper shadow which indicates seller were selling from...
GREENPANEL is at a strong support level, aiming for a 30% gain from the current market price. Hold for the medium term. 🚨 DYOR 🚨 SL must it depends on ur risk appetite
Maker Retreats After A Breakout: More Correction In The Loop? Maker Price has suffered a four-day decline, shedding 13% of its market value and relinquishing the majority of its post-breakout gains. A surge in social dominance suggests Maker's escalating influence and acceptance within the user community. Maker price has been facing a strong selling pressure for...
Based on the 1-hour chart for Gold (XAU/USD), here are some observations and analysis: Triangle Pattern : The chart shows a symmetrical triangle pattern, which is a continuation pattern. The price is currently at the lower boundary of the triangle, suggesting a potential breakout to the downside. Fibonacci Retracement Levels : The Fibonacci retracement levels...
📊 Script: SOBHA 📊 Sector: Realty 📊 Industry: Construction Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving crossover. 📈 Right now RSI is around 63. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 1946 🟢 Target 🎯🏆 - 2113 ⚠️ Stoploss ☠️🚫 - 1860 ⚠️ Important: Always maintain your Risk & Reward...