The trendline is still not breached and the entry criteria are still valid, only with the change in the entry level. Entry tentatively above 4445 (to be precise on breakout of trendline)
Date: 23rd July 2024 Time: 12:15 PM Why Titan? 1. On Weekly TF, 100Ema is good support underneath. 2. With 100EMA Bullish Continuous Divergence clearly visible with MACD as we can see in chart. 3. Wave Theory also suggest that Titan is in 5th wave on bigger cycle and seems like 4th wave is finished in smaller cycle so there is one more leg of 5th wave upside...
This is the 5th wave of {3}. This is an extended 5th wave and hence will be very strong.
Bitcoin is still consolidating in the given range and respecting the trendlines so far. if the bulls are not strong in the coming days price may fall to $49,500 again. but in another scenario we can see the bitcoin at $65,000 if we are able to stay above the current support area in the coming days! BINGX:BTCUSDT.PS
BSE is showing good bullishness and is expected to reach 3950 levels on a positional / swing basis. Maintain SL of 2690.
Nifty50 showing negative divergence on RSI on weekly charts. We can see some correction or time based consolidation in Nifty50. Nifty50 levels for selling will be below 24811 on daily basis for target of 24444 & 24011 with Stop-loss of 25025. Trade with risk management properly. Thank you
UTI Asset Management Company Ltd is primarily engaged in the activities of raising funds for and to render investment management services to schemes of UTI Mutual Fund. It is registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996. It was the first to introduce Mutual Funds in India and is focused solely on Investment management and related services.
Ujjivan is trading just below 50 EMA and above 20 EMA. Bullishness can be confirmed if 20 EMA decisively crosses 50 EMA. Need to wait for that to happen. Or can enter at the current level for long-term investing option. Volume buildup is marginal recently, signaling the momentum in the stock price. Nearest Support: 43 Resistance: 56 - 60 levels.
HDFC Life Insurance Company Ltd Key Observations: Stock Price: Current price is ₹753.40, which is down ₹5.40 (-0.71%) for the day. Rectangle Pattern: The highlighted area (boxed section) appears to indicate a double bottom pattern, where the stock price dipped twice to a similar level and then bounced back. This pattern is generally a bullish signal,...
The EURUSD pair has lost momentum after briefly recovering from the 21-EMA support level. Traders are now focused on upcoming US job reports, including the Initial Jobless Claims, ADP Employment Change, and ISM Services PMI. This cautious mood is making it hard for the Euro to gain traction. Multiple catalysts lure Euro bears The EURUSD pair has been stuck in...
It's quite likely that Bank Nifty remain sideways this week. Next week could possibly be trending. Trending move this week is done. Wait for price action to take fresh positions next week. Avoid trading scraps else, your premium will be eaten by the Option seller.
After touched trend line and EMA 200 at 2499, GOLD has a correction. I expect that it can grab liquidity at 2487-2484 and keep the buying momentum to 2506. My plan for Gold : BUY 2487-2484 SL 2480 TP1 2494 TP2 2497.5 TP3 2501 TP4 OPEN
Nifty is going to remain sideways to sideways bearish this month. I don't see any kind of trending moves. If at all some move presents, it could be some short covering with not much scope. This is the kind of market for Strangles and Condors. Ideal for sellers. Buyers to avoid Nifty.
Near Strong Support R:R is fine 510 has strongest support Waiting for pullback
Just Convert the timeframe to Weekly, and you will see a wonderful pattern. (Dt. 5-Sep-2024). 1. After the consolidation of 351 days, the stock is breaking out 2. Volumes increasing 3. T1=> 285, T2=> 340 4. Stock at resistance level 5. Most importantly there is a golden crossover of 50EMA & 200EMA in Daily timeframe
📈 Technical analysis BTC/USDT The price of Bitcoin continues to fall and has remained below the EMA 200 and EMA 50 moving averages for over a week. A hidden bearish divergence is forming on the RSI indicator. If the support level at $56,000 fails to hold against selling pressure, we expect a move into the Imbalance 1H zone, where the gaps on the horizontal...
UTI AMC cmp 1187.95 by Weekly Chart views since listed - Support Zone at 1165 to 1180 Price Band - Volumes seen rising by spikes intermittently - Weekly basis : Support at 1123 > 1005 > 895 with Resistance is only at ATH 1219 done today - 3 years long timeframe Bullish Rounding Bottom completed by New ATH 1219 along with Price and Volumes breakout
Date 04.09.2024 GMR Airports Infrastructure Ltd NSE: GMRINFRA Timeframe : Day chart