Get started

Trend Line Break

Anupam Rasayan Strong upmove1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a strong rally from Feb'23 to May'23, NSE:ANURAS started going down. Today it is showing strength after a trendline break a few days back. It's a buy with a stop at ₹920. Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
NSE:ANURASLong
by akashbothra
Gold prediction for todayGold yesterday had a bearish day setting a new 1903 low as the greenback continued to strengthen. Positive economic data last Friday boosted USD demand. These numbers raise concerns that the Federal Reserve could still raise interest rates further at its next meeting in September, even as markets still widely expect the Fed to end its bull run. interest rate. 103.5 is the strong resistance of USD, if it is crossed, the target for USD upside momentum will be 104.5. There may also be a correction here There are a lot of important economic data from the United States scheduled to be released today. Retail sales are expected to increase 0.4% in July. Additionally, the Empire State Manufacturing Index in New York will also be released. Gold price promises to be very exciting
OANDA:XAUUSD
by Rancy-SuperTrend
Will it break 1900 in the European session?On August 14, the world's third largest economy, Japan, announced GDP growth in the second quarter of 2023, with an impressive increase of 6% compared to the same period last year, much higher than the expected level. previously reported is 3.7% and forecast is 3.1%. Along with positive economic information, the USD continued to strengthen. Specifically, the Dollar-Index - measuring the strength of the USD in a basket of 6 major currencies increased by 0.25% compared to the previous session, to 103,170 points. When the dollar is strong, investors withdraw capital from gold to reduce deposit costs as well as find profitable investment channels. Therefore, pushing the gold price down deeply, there is no chance to reverse and increase again.
TVC:GOLD
by Rancy-SuperTrend
XAUUSD : Appearance of weakness in the 1900 zone?U.S. retail sales data released on Tuesday showed consumer spending remained strong in the country, potentially indicating more inflationary pressures in the coming months. Investors mostly favor the dollar and Treasuries as a safer haven than gold, as risk appetite worsens amid worsening economic conditions across most globally, especially in China. The greenback steadied near 1-and-a-half month highs on Wednesday, after recovering sharply from 2023 lows over the past month
OANDA:XAUUSD
by Rancy-SuperTrend
GOLD : Prediction of gold in Europe and America15 minutes ago Open interest in gold futures markets extended the uptrend for another session on Tuesday, this time by around 3.4K contracts according to preliminary data from CME Group. At the same time, volume increased by nearly 45,000 contracts after two consecutive daily declines. Gold prices extended the pessimism in the first half of the week amid increased open interest and volume. On the contrary, the precious metal looks poised to extend its decline in the near term and with the immediate target of the June low of $1893/troy ounce.F
TVC:GOLD
by Rancy-SuperTrend
NCLIND Weekly looking bullishNCLIND Weekly chart has trendline breakout, 200 ema support , Good to buy at 223.35 for target of 305 with sl below 193.60 *********************** This is purely for training and educational purposes. We shall not be responsible for your profit or loss. The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
NSE:NCLINDLong
by pranjalitigade
A remarkable breakout in Escorts KubotaWelcome back! This time, we will analyze our third breakout stock, which is Escorts Kubota. Chart is Pretty self-Explanatory so we are going keep it short. Here are some pointers. >>Escorts has spent the past two years consolidating within a bullish parallel channel. >>Today, it experienced a notable breakout, suggesting potential for a substantial upward movement. >> In terms of fundamentals, the company is achieving its highest-ever sales and profits. >>Also the promoters have doubled their holdings, and both FII and DII participation is increasing. These factors point to a promising outlook for this stock. Entry & Targets- >>If this breakout candle sustains above the line quite well in the 1-day time frame, we can consider purchasing this stock. >>We will place our stop loss below the breakout candle at the 2500 level. >>Considering the promising growth, we can take a long position in this stock. Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section. Please note I am not SEBI registered. Do your own research before investing.
NSE:ESCORTSLong
by BullishLine
2
TEXMOPIPE Daily looking bullishTEXMOPIPE Daily has trendline breakout with 200 ema support on daily candle. Good to buy at 72 for target of 100 with sl below 63. ************************ This is purely for training and educational purposes. We shall not be responsible for your profit or loss. The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
NSE:TEXMOPIPESLong
by pranjalitigade