XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong...
As per chart its moving in a channel....Downside possible for 2-3 days....after consolidation it will start again its upward journey as per Hourly chart since its above trend line
Crude Moving in big triangle....If breaks huge downside possible...if goes up than targets are above 85 and 100....
target 25000 The NIFTY 50 is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited.
Buy Mahindra Logistics on dips till 420-470 for target of 566-640-690
On Friday, BankNifty opened with a gap up but failed to cross the near resistance at 50750, dropping over 440 points from the day’s high before closing at 50368.35, losing 148 points from the previous close. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is negative. Support and resistance zones remain unchanged from the last...
On Monday, Nifty opened with a gap up but stayed within a narrow range, closing at 24572.65 with a modest gain of 31 points. As mentioned in the previous post, "Keep a close eye on the 61.8% FIBO level at 24625, Nifty might face resistance there," and indeed, it made a high of 24638.80 before dropping over 100 points from the day's high. The weekly trend (50 SMA)...
Nifty Bank forms a falling parallel channel and a possible entry point at channel breakout for a long position. Disclaimer: For Educational and Paper Trading purposes only.
This looks very promising. Ready for a massive rally. Inverted head and shoulders pattern completed. A breakout this week as we await Powell's speech on rate cuts?
Yello, Paradisers! Are you ready for the next big move in ALPHUSDT? This pair has formed a descending channel, hinting at a potential bullish breakout. But hold on—before we jump in, let's dive into what needs to happen next. 💎For a bullish move to gain traction, we need to see a breakout with a solid candle close above the resistance zone. If this happens, the...
Buy at 2720-2740. T1- 3483 and T2- 4271. SL- 2131 Safe traders can exist at T1. NOTE: This is only for educational purpose and not a buy recommendation.
Windlas Biotech - CDMO. It manufactures medicines for big pharma companies. Stock price moved above IPO listing price with volumes. Price retraced and trying to move higher again. My analysis it is doing similar to Mrs. Bector Foods price movement after it crossed IPO listing price. If Pharma companies are doing Capex and the sector rotation happens then it...
Looks like bearish raising wedge, try to buy after breakout. Don't forget to think about money management and stop loss. If you don't put stoploss you'll loss.
WELSPUNLIV - WELSPUN LIVING LTD Trade Type - Short Term (2 month to 8 month) Trade Logic - Cup and Handle Breakout with huge volume CMP - 182.65 Time Frame - Weekly Target 1 : 200 Target 2 : 240 Target 3 : 260 Target 4 : 280 Stop : 150 Risk/Reward Ratio (1: 2.75) Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It...
As we can see NIFTY has formed more like a flag-pole pattern which is also a bullish continuation pattern but it is currently trading at MAKE or BREAK level hence as long as NIFTY manages to sustain itself above the given trendline it can lead to strong short covering else we may see another sideways to negative market in coming trading sessions so plan your...
#DXY If Supports Thus Weekly Moving Average Zone Probably We Will Eye some Reversal From Here
NIFTY Intraday Trade Setup For 20 Aug 2024 Bullish-Above 24650 Invalid-Below 24600 T- 24850 Bearish-Below 24510 Invalid-Above 24560 T- 24300 NIFTY has closed almost on a flat note with minor gain of 0.13% today. It opened with a small gap up of 100 points and then it turned sideways for the whole day. Index traded inside 100 points range so today's range will...
cup and handle pattern break out and retest good quater result