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Trend Line Break

XAUUSD 28/06: Where does Gold go after Fed Speaks?OANDA:XAUUSD The US dollar benefited from a fresh rise in US Treasury yields, sending gold prices plunging. Amid increased hawkish sentiment around the Fed rate outlook, all eyes will be on Fed Chair Jerome Powell's speech later Wednesday. The 14-day Relative Strength Index (RSI), suggesting that gold's downside risks remain. So, the nearest support is at $1,908, a breakout of which will open exchanges towards $1,900. Going further, $1,886 will be the limit for Gold buyers (March 15 low). On the other hand, a strong resistance is seen near the $1930 area, above which $1944. The next relevant upside target is seen at the psychological $1950 level. You might consider Selling gold around 1943 – 1940 And my goal will be 1933 – 1920 You might consider Buying gold around 1902 – 1905 And my goal will be 1908 – 1922 Note: Fully install TP, SL to prioritize safety in trading and conquering the market.
OANDA:XAUUSDShort
by SupperTrading-FX
11
NMDC Long 3 reasons for a positive outlook. 1- NMDC is trying to bounce back from the Fibbo 50% level. 2- Price has given the breakout of the falling trend line and trading above the breakout level. 3- MACD has turned positive after positive diversion. It looks suitable short term trading with favorable RR ratio. Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
NSE:NMDCLong
by Gaurav_Kumar01
Expiry Special Analysis|Hero 0 Trade will be in 2nd half(FNIfty)Finance Nifty Analysis For today's Expiry 27/06/2023:- Finance Nifty also broken upwards support trendline in 1hr/30mints/15mints charts. This could be a fake breakdown, if it start trading above in channels above 19555 levels. Then definitely buying momentum will be back in it and this can go towards Target1 and target 2 which is (Mention in Chart) . Vice Versa if this is start trading below 19455 levels then definitely this was a perfect breakdown for Fin Nifty and a sharp move will be expected in it, which can take Fin Nifty More in lower range towards Target1 and Target2 even Target3 (Mention on charts) also till tomorrow. So buy above when 19555 sustains Sale below, when 19455 sustains. For target i have mentioned on chart. for buying Stop loss will be 19376. For selling Stop loss will be 19632. Note:- For Hero Zero Trade I will update this idea around 1-2pm, So c u guy's in 2nd Half. Till then Trade Carefully, And ty to trade in Next expiry as today time decay will eat all premium, if there will not be trending market. And Always use stop loss. If anyone likes my work then definitely like this idea and follow me for more updates and let me know your thoughts about this idea in comment box. Thankyou, Regards Rahul Pal Disclaimer:- Always do your own analysis or consult with your financial advisor before taking any kind of trades.
NSE:CNXFINANCE
by TraderRahulPal
11
GRANULES Trend Change1. 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 It looks like NSE:GRANULES is ready for an up move. It's a buy with a stop at ₹280. 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:GRANULESLong
by akashbothra