TVC:GOLD Gold price is consolidating in a narrow range of 1,955$-1,965$ on an hourly scale. The precious metal has turned sideways around the 50% Fibonacci retracement (plotted from June 02 high at 1,985$ to June 05 low at 1,930$) at 1,965$
The 50-period Exponential Moving Average (EMA) at $1,959.38 is providing cushion to the Gold bulls.
US banks seem...
weekly and daily long term trend line is broken down
short futures of stock.
for sl you can buy ce of 955-965 (it will also reduce risk and margin)
Target should be around 641.
call me if you need further clarification
thanks nd regards
Trendlinen Trade in L & T Finanace and Holdings
What Is a Trendline?
Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move.
In this explanation...
#BankNifty Future Analysis for #Today 6th April 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close: 41142
#Bulls can be active above: 41238 For the Levels Above
#Bears can be active below: 41056...
#BankNifty Future Analysis for #Tomorrow 29th March 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below mentioned Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close: 39588.85
#BankNifty Bulls can get active above 39671 For the #IntradayLevels towards 39787/39865/39952
After PSU BANKS and sugar stocks rally
Its potentially turn for rice stocks and Railway stocks now
One can consider
Buy above-137 on closing basis
TARGET- 155 then ATH+
Stop loss- Breakdown of trendline with below 107
RSI Divergence observed
with RSI Trendline formation too
NOTE: Stock represents chart pattern similar as shown by GRM...
LAOPLALA has broken the trendline with a good volume this is a good time to enter the stock
(do your own research before entering in stock)
you can expect the T of 382 AND 405
NSE:LAOPALA follow on YT by clicking the icon below
reliance has been falling since 74 days and has reached its previous long term support and has formed a beautiful bear trap.
Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume
trapping sellers and has broken the falling trednline
STOP LOSS: below the trap
Target: green line
It's my personal view.
This is for educational purpose Only.
This is not buying or selling recommendations.
I am not sebi registered.
Please consult your financial advisor before taking any trade.
As per my analysis, I have seen that crudeoil is travelling between this parallel channel from a long time and respecting the levels.
I am expecting more downside in the upcoming days in case bottom blueline will be break, please comment below your views about this analysis.
If you have any query, please feel free to post in comment section.