Vodafone Idea attempted twice to break the resistance zone but unfortunately it couldn't and fall from around 18 Rupees so it becomes strong reistance in bigger time frame but after that in shorter time frame we can see that around 15 is became strong resistance which means whether it is bigger or Shorter timeframe it looking negative overall
Symbol - EURPLN EURPLN is currently trading at 4.25400 I'm seeing a trading opportunity on buy side. Buying EURPLN pair at CMP 4.25400 I will be adding more if 4.23000 comes & will hold with SL of 4.22000 Targets I'm expecting are 4.28500 - 4.30500 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
USDJPY edges higher past 154.00 while making rounds to the 34-year top marked the previous day, mildly bid within a four-month-old rising trend channel early Tuesday. In doing so, Yen pair buyers take a breather at the multi-year high as the overbought RSI (14) line joins sluggish market conditions. It’s worth noting, however, that the bullish MACD signals and the...
It's showing a good falling due to the following reasons 1. First of all it's faceing a resistance from the upper marked trend 2. Second the deep confidence comes from the secondary neckline breaking on 15 min chat 3. Third confirmation comes from in days chat it's completely bearish Like if agree Follow for more It's showing a good falling due to the following...
The Nifty Bank Index, currently trading at 47,773.25, is exhibiting a near-term downtrend on the charts. Support levels are anticipated around 47,000 and 46,200, suggesting potential areas where selling pressure could subside temporarily. Given this scenario, the recommended trading strategy would be to sell on rallies. The indication of a negative trend is...
Oil and natural gas Prices are getting Hotter due to geopolitical instability. Gujarat Gas is one of the beneficiary during this time and look at the chart it looking charming we might see the upside upto 595 in very short times and 620 further. Educational purposes only there is involvement of risks of geopolitical and global events. so make your investment...
AEGISCHEM looks fantastic for a swing trade opportunity. Expecting a good upswing which can catapult the stock to 500+ levels. It is currently at retest zone, ready to take off. The volume pattern on this stock has been perfect till now, strong expanding volume on breakout and up move, weak contracting volume on retest. The stock also looks intriguing on weekly...
EUR/USD has been falling for the past six sessions, trading around 1.0600 during the Asian session on Tuesday. The US dollar, supported by rising US Treasury yields, is asserting its strength, putting pressure on the pair. When looking at the current situation, unstable economic factors in the euro area, along with the potential recovery of the US economy, are...
NIFTY: Formeda long bearish candle and in the process broke its 20DEMA & 50 DEMA.now NIFTY has its major support at 50DEMA which falls at 22100-150 .any drift below the 22100 levels likely to trigger another 300+ point fall.trade cautiously with levels. for me any pull bk till nifty trades above 22300 levels(for educational purpose only)
Let's all join in and devise a strategy to earn gold this week! Last Friday, gold experienced a significant decline, plummeting nearly 1000 pips from $2431 to $2333. However, as we begin this week, gold has quickly regained its upward momentum, similar to recent trends. Currently, the price is hovering around $2360, after a 0.64% recovery today, equivalent to...
ALKYLAMINE is looking for buying opportunity after forming descending channel & clear formation for a movement to the upside. Expecting to reach at 2700
BTCUSD is forming corrective formation for a movement to the downside after reaching at 67500
BankNifty Analysis - Stance Bearish⬇️ BN had a unique price action today, unlike N50 we did not see a bounce from the banks. And the lows made during the closing hours were much deeper than the opening lows. Whereas Nifty's opening low was not violated that much. Ideally, that is expected, the subsectors would fall further than the main index. I am revising the...
After the opening of the week, spot gold experienced a wave of violent market fluctuations due to the escalation of tensions in the Middle East over the weekend. Gold prices opened in the morning and jumped as high as $2,372.45 per ounce, but then turned around and fell below the $2,350 per ounce mark. From a technical analysis, the current dividing line between...
GBPCAD is looking for long after forming descending channel & has clear formation for a movement to the upside, expecting target to reach at 1.73500
Nifty Analysis - Stance Bearish⬇️ Recap from yesterday: "On the higher time frame, we have a double top formation (M pattern). To negate the pattern we would have to take out the ATH, otherwise, it looks like a nice setup to go bearish. 22519 is a good interim support level, the main support comes only at 22295." I personally did not punch any manual or...
Gold Trend Analysis: Gold prices have been trending upward since late March, and prices continue to attract buying around these levels. While the uptrend in the RSI has been broken, showing a weakening upward momentum, it is difficult to be too bearish on gold prices at the moment until we see prices finally break out of the uptrend. If the price remains above the...
MCAP>20,000 Cr., IV=₹ 614, Debt to equity=0.01, OPM=62.8 %, No debt, RoCE>25, Healthy dividend payout=26.9%, Excellent profit/sales growth for years, Promoter holding>=75%, Public holding<10%, FII/DII +++