Fundamentally, gold is under dual pressure from both the US and China, which are noted as two very important fundamental impacts on gold prices. On the one hand, gold prices are under pressure because US macro data boosts market sentiment in favor of the possibility that the Fed will have to keep interest rates high for a longer period of time, which is beneficial...
This week we have important news: CPI news. Last week's Nofarm newsletter provided indicators that allow the Fed to continue maintaining monetary policy as rising employment data gives the Fed confidence that people can still withstand tightening monetary policy. But with other recent data, the US economy is clearly being adversely affected by the Fed's monetary...
For learning purpose only read the language of chart what would it want to say
Breakout if happens from here, The price can move a rapid move upside. This is like spring. Lets See Use your own analysis. Not recommending any buying whosoever is reading this.
Buy LTTS Above 4800. For 2 targets. 1 - 5200 2 - 5580 View For 2-3 months
Good setup. Came out of 2.5 years consolidation period. Breakout and Retest also done. Fundamentals are also good. Looks like its ready to fly.
The price has formed a Gravestone Doji candlestick pattern on the top of an uptrend. If the low of 23,227 is broken then the probability of a next red candle is high. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The stock is in process of forming a beautiful inverse head and shoulder , the 2 phases are completed and the stock is in the most curcial stage right now which would determine the future trajectory of the stock . There has been increase in FII HOLDINGS in this stock from 15 to 19 % also the fundamentals are pretty satisfactory TARGETS - 296 curcial support 1....
- Largest Home Decor Company in India. - Stock P/E (51.4), ROE (31.4) - Decent Dividend Company (1.4%) - Average Quarterly results, but consistent YoY Growth. Levels are marked in the chart. For educational purposes only. Not a buy/sell advice.
Today we have a gravestone doji candle, which has been formed after a move of 23%. Also the price is in a compression zone. The price could test the support level S1-122 and if broken then S2-110.45 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Anticipating Good move Good risk reward Expecting 45%+
Solana Price Analysis: A Bullish Reversal on the Horizon? The cryptocurrency market has been a rollercoaster of volatility, but recent developments suggest that Solana (SOL) may be gearing up for a significant price reversal. After a period of correction, SOL’s price managed to bounce back from the psychological support level of $80, climbing to $104 and marking a...
NSE:CYIENTDLM Overview: NSE:CYIENTDLM is a leading electronics system design and manufacturing player in the aerospace and defense sectors and other high-tech engineering segments. It is attractively priced to enter into a short term trade. Fundamentals: As it is a high growth company, it has high PE ratio of 88, however its financials supports its...
#GRT/USDT has formed a symmetrical triangle on the chart, indicating a period of consolidation. The price action suggests the potential formation of a double bottom pattern and #GRT breaks out of this symmetrical triangle, it could lead to a significant upward movement, targeting the $0.70 level.
Stock Analysis: Agritech Daily Frame Analysis: The stock gave an upward breakout from the trendline, but there are chances it could be a false breakout. It has also touched the upper Bollinger Band, indicating a potential reversal from the Bollinger Band. Support Level: 215 Weekly Frame Analysis: On the weekly frame, the stock is closely taking support at 220,...
Banks started the day superbly but was unable to hold on to the first candle gains. When Nifty made a new ATH today, BankNifty is still below the 3rd June peak. What was more interesting is how NiftyIT reacted today - the shares of Infy, TechM, TCS, Wipro were all getting trashed. Noticeably Banks did not follow that trend instead it held its ground quite well. A...