The 4-hour chart of GBP/USD is currently showing fluctuations in an area that could be considered as important resistance near 1.3065, just below the 34 EMA and 89 EMA. The interweaving of these EMAs at the current price level could be a sign of an impending large move that requires close attention from traders. Investors should watch closely to determine whether...
The EUR/USD pair is currently in a deep downtrend as seen on the 4-hour chart, with the EMA 34 having crossed below the EMA 89, which is not only a sign of a downtrend but also suggests that the selling may not be over yet. The price remaining below both EMAs for several consecutive sessions further reinforces the current downtrend and the lack of solidity in the...
UTIAMC has given a long term breakout of 3 years long rounding bottom pattern. Breakout volume is also significant. If it sustain above breakout level, then we can see a good momentum in short term and can expect below level in coming months. 🔊 UTIAMC - UTI ASSET MNGMT CO LTD ⌛Duration - Short Term (6 month to 8 month) 📊📈 Trade Logic - Rounding Bottom...
Gold prices on September 10 witnessed a positive start, reaching $2,505/ounce, up $7 compared to the end of last week. However, this increase was quickly limited by the recovery of the US stock market, with the Dow Jones, Nasdaq, and S&P 500 all recording significant increases. This shows that investors are shifting money from gold to stocks, looking for...
Gold prices are showing strong signs of recovery after last Friday’s highly volatile session. Currently, gold remains stable within its trading range, hovering around the 2,500 USD level on the charts, demonstrating the resilience of this precious metal against external impacts. Despite a sharp drop in prices last week, buying pressure remains dominant, keeping...
Nice to meet you. I'm Whale_signal I updated 1H - BTCUSDT yesterday, and there's over $1,000 upside from orange whale indicators Up to the peak of 58K, it's more than $3,000, and I've posted exactly this elsewhere Today's 1H - BTCUSDT update Even if it breaks above the 58K purple whale index, the direction will likely be different depending on the flow from...
Can look at HIKAL - Making a bullish pattern It is making an ascending triangle on a Daily Time frame. With SL of 311 and upside possibilities of 490 & 590 in the near future if the markets are supportive.
NSE:BANKNIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 51160-50930-50800 ❇️ Resistance : 51400-51500-51720 . 👉🏻 PURPLE LINE : 51240 is a key level, above buying, Below selling. 👉🏻 @thetradeforecast 🇮🇳
Fundamentally: 1. Leading Manufacturer of Performance Surfactants and Specialty Care products. 2. Largest Manufacturer of Oleo chemical-based Surfactants. 3. 210+ Products under hair care, oral care, home care, skin care, cosmetics, and toiletries. 4. Launched 2 new products in Sustainable Sector. 5. 1,380+ Clients across 80+ Countries. MNC’s, Regional, and Local...
RSI Strength. Pennant Breakout and Retest Done. I am a bit late with the analysis. 1st target looks easy. Might give a small correction and then proceed to 2nd target at 5300. Idea is for educational purpose only.
- 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.
- One of the big large-cap FMCG companies. - Consistent Growth Company. - Consolidation. Nice Setup pre-breakout. - Good ROE - 57%. Reduced Debt. For educational purposes only. Not a buy/sell recommendation.
ONGC- BULLISH ON WEEKLY TIME FRAME 1st Support - CMP - 58.10 on MAY 2004 1st Resistance - CMP - 312.4 on JUNE 2014 2nd Support - CMP - 57 on MARCH 2020 On July 2024 Stock Price Broke The Resistance CMP - 313. Retest Has been Taken Today CMP - 300 TARGET 1 🎯: 400 TARGET 2 🎯: 520 STOPLOSS 🔻: 280
✅ The stock has broken out of a long-term ascending wedge pattern which had been forming since 2020. The breakout above the 650 level signals a potential continuation of the bullish trend. The breakout has occurred on strong volume, reinforcing the likelihood of further upward movement. ✅The RSI stands at 7 which indicates strong momentum behind the recent...
✅ The stock has finally broken out of its long-term resistance near 54-55 which has acted as a significant ceiling since its IPO. This level marks the upper boundary of its trading range for the past two years and the breakout is a strong signal for further upward movement. ✅ The breakout is accompanied by a surge in volume indicating strong buying interest. The...
✅ The stock has convincingly broken through its long-term resistance level of 1044 which has been in place for over 6 years. This breakout signals a major bullish reversal in the stock's long-term trend. ✅ The breakout is backed by a notable surge in volume, adding credibility to the move and reducing the risk of a false breakout. The increased buying interest at...
Asahi India Glass cmp 701.30 by Weekly Chart view - Support Zone at 600 to 625 Price Band - Resistance Zone at 705 to 722 ATH Price Band - Weekly basis Support at 625 > 535 > 445 with the Resistance only at ATH 722 - Stock traded within 445 to 645 price range for close to 2 1/2 years before taking volumes based breakout above current Support Zone
La Opala cmp 359 by Weekly Chart view - Price testing and retesting the Support Zone for fresh upside breakout in progress - Price Breakout is well above Falling Resistance Trendline and Rising Support Trendline - Weekly basis : Support at 325 > 291 > 256 with Resistance at 382 > 418 > 448 > ATH 479.75 - Old Time Back to Back Bullish Rounding Bottom were...