Nifty Analysis - Stance Bullish ⬆️
Recap from yesterday: “Now take a look at the 63mts chart, and see where the reversal came from ~ 22295 levels. That is the main reason why we said a stance change is required only if 22295 is broken and since we did not do that, we continue to remain bullish.”
Nifty had no momentum today, but BankNifty had lots of it. Yesterday...
NSE:RCF
EDIT- 1st, 2nd, 3rd, 4th and 5th indicates attempts to break the trendline and not the date. The dates ( in MM/YYYY) are written below the attempt number.
Rashtriya Chemicals and Fertilizers Limited (RCF) manufactures and markets various kinds of fertilizers such as urea, bio-fertilizers, micro-nutrients, water soluble fertilizers, soil conditioners...
Hello, imoex russian index view & analysis index if sustains above 2,770 next target will be 3,260 & above 3,950. Index is looking bullish in 1D chart (targets identified from harmonic xabcd/abcd pattern levels 2.24/1.131) index will be bearish below 2,370. MOEX:IMOEX
TVC:UKOIL
UK Brent Oil can retest or break 102$ per barrel in short term.
Ukraine And Russian Crisis cool off can make oil cheaper.
Trade on your own risk and analysis.
EURUSD’s corrective pullback remains below 21-DMA, as well as a two-week-old ascending trend line, suggesting a further downside towards the lower end of the latest range between 1.1120 and 1.0900. However, the 23.6% Fibonacci retracement (Fibo.) of February-March downside acts as an intermediate halt around 1.0980. While the bearish MACD and downward sloping RSI...
Be it the March PMIs or US Durable Goods Orders, not to forget the key NATO meeting, Thursday has it all to trigger market volatility. Gold has already printed a bear cross but the 200-SMA has been defending bulls so far, suggesting a tough fight between the buyers and sellers. However, lower-high formation since the early days of March, as well as sluggish MACD...
Interesting Price Action and charts pattern are being observed in USD/INR currency pairs.
1. The Cup and Handle Formation.
Cup formation can continue or Handle pattern can be formed and price can shoot up. As global situations are pacifying. We believe, rupee
should get bit stronger.
2. All time high Resistance
We...
Because of the gas supply problem europes going to face, I doubt it will keep going down, there's only up, how fast it goes up depends on the gravity of the Russian invasion or if it drags on until next fall.
Change in the downward tendency, with big volumen especialy during handle dip.
my projection is 170 USD by september.
EURUSD remains on the back foot around a 21-month low, despite the recently sidelined performance. That said, the bearish MACD signals do support the latest break of a descending support line from late November, around 1.1080 at the latest, which in turn hints at the quote’s further weakness. However, the RSI line nears the oversold territory and hence indicates...
As Moscow proved the Western forecasts right by invading Kyiv, markets players rushed to risk safety on Thursday. The sour sentiment propelled prices of traditional safe-havens, like gold and USD, which in turn caused the EURUSD pair’s slump. The south-run also conquered three-month-old horizontal support around 1.1185-70. The same opened doors for the quote’s...
Russia-Ukraine has created panic around world markets and almost all global indexes are seeing big fall in numbers. Nifty which was already bearish turned received heavy selling today as well and have breached an important support line of 16400. However there is one more ascending trend line support available at around 16000 level which has worked in past when...
Despite reversing from an eight-month high, gold prices recently crossed the stated key resistance, also rallied beyond June 2021 peak. Additionally, favoring gold buyers is the metal’s ability to stay above the previous double-tops, as well as a three-week-old support line, amid bullish MACD signals. However, the RSI pullback from the overbought territory may...
After three consecutive weeks of upside, silver had a sober start to the current week as it marked the first negative daily closing in four. However, the latest anti-risk headlines, mainly concerning odds over the Russian invasion of Ukraine, help XAG/USD to refresh its monthly high. Also, the bright metal remains above a 13-day-old support line amid firmer RSI...
Gold CMP : $1878
As highlighted in a month ago on a pre-emptive move. Gold had witnessed a sharp rally of ~3.20% or ~$55 in last three days
• After consolidating for almost 18 months in the range, The shining metal has breached the key resistance zone around $1840
• Technically, Gold breaking out on daily, weekly and monthly charts
• Increasing Geopolitical...
