The stock market is abuzz with the recent bullish run of ITC shares, sparking interest and speculation among investors. This analysis delves into the factors driving this surge and explores potential implications for traders and stakeholders. EMA 200 - Crossing Mutual Funds holding - Dec 2023 -9.66% June 2023- 9.17% Target 1- 455 Target 2- 480 Target 2 - 525
The price of Cosmos experienced a bullish market trend between October 2023 and March 10th, 2024, leading to a significant increase in its price value from $6.20 to $14.50, as per the daily chart. Cosmos has been performing well in the last six months, with a gain of 34.66%. However, in the past week and month, the price violated the uptrend from the supply level...
ZYDUSLIFE is at a critical stage testing the 50 DMA and RSI 40 levles. Will it hold the support? The technical structure on this daily chart indicates rather a dim picture, though we don’t have a clear confirmation. Its relative performance to CNX 500 has been poor since the beginning of April, 2024. On the momentum front RSI has been diverging from price rise...
The Kimbo crypto made a sharp drop after a breakdown of the 50 day exponential moving average. At the time of writing, the crypto was up nearly 1.83% and was trading close to 0.00024. The Kimbo crypto price is trading modestly higher in Intraday on Monday and has surged nearly 1.83%. At the time of writing, the crypto was trading close to $0.00024. The bulls...
Hey everyone, buckle up because yesterday was one challenging ride! Shortly after the CPI news was broadcasted, the EUR/USD pair took a nosedive straight into the red zone. Surprisingly, surprisingly - the US inflation data for March threw us a curveball, pushing the US dollar to its highest level in a year. This move put pressure on major currency pairs, causing...
The USD/JPY has surged to its highest level in decades, reaching 154.00 during European trading on Monday. The Japanese Yen continues to weaken amid uncertainty about future interest rate hikes by the Bank of Japan (BoJ). However, concerns about potential interventions and geopolitical tensions could impact the Yen, a traditional safe haven asset. On the...
The daily chart, between October 2023 and March 10th, 2024, the ROSE price witnessed a bullish market trend, resulting in a significant increase in its value from $0.04000 to $0.18000. During the last six months, it performed well with a 150.22% gain, but in the past week and month, the price violated the uptrend from the supply level of $0.18000. As a result,...
Weekly trendline breaking out Daily RS going up strongly 50DC breakout
Risky short only if you have multiple longs, use this as a hedge Stock is underperforming on both weekly and daily charts Price facing rejection from ST 10.2 Trade for 1 R SL is must Only Half qty compared to longs
Last week, the price of gold fluctuated between $2,300 and $2,360 per ounce until Wednesday. By Thursday, amidst escalating tensions in the Middle East, the upward trend became evident as gold reached a new peak above $2,400 per ounce. The momentum continued into Friday, reaching $2,431.59 per ounce before declining to around $2,355 to end the week. The...
The gold market experienced a sharp correction ahead of Friday's close. The price retreated significantly from the high of $2,431, eventually settling at $2,343 levels by the end of the trading day. This change is influenced by many factors. On the one hand, the overheating trend of the US Consumer Price Index (CPI) shows that inflationary pressure still exists,...
Hong Kong's approval of a BINANCE:BTCUSDT Spot ETF and the anticipation of a new all-time high ($75k) above the previous point of interest at 68.5k. The recent dip caused by tensions between Iran and Israel has led to the liquidation of long positions, Now time to liquidate shorts. Let's go for it!
Btcusd took reversal from demand zone. Also took the liquidity. It might go up from here to collect buyside liquidity.
NSE:SCHAND ✅ #SCHAND trading above Resistance of 290 ✅ Next Resistance is at 366 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
US Oil is at important zone formation of Descending triangle pattern. If this sustain near Support then we can see a good upside move if break then see a huge fall. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
As we discussed, Banknifty's structure opened a gap down and fell. If we look at the chart now: The market is making Hammers at the top. Now, the market is in a very crucial position. It is trading at the support trendline and support zone. The market is making a rising wedge pattern. If the market breaks the pattern to the downside, it will be a good...
BTCUSD make or break level, BTCUSD is at important level Forming a ascending triangle Pattern Let's see this sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.