Entering a consolidation cycle after gold failed to stay above 2450 after the breakout. Gold price broke through the previous historical high of 2450(1) early last week on Tuesday, triggering a round of buying and rising to a weekly high of 2483 within 24 hours. However, the upward momentum failed to carry on at a high level. According to the market data from...
Important points ploted in the chart. *Investments in security market are subjected to market risk do own research before investing.
Hey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Ascending Triangle pattern in daily & Weekly TF. * From Aug 2023 to July 2024 its in range. * It's Near resistance Zone and trying to Break Resistance Zone with good volume. * If resistance zone is break then we can see a good move. * Volume...
15m and 30m timeframe price break the 200ema 2h timeframe price take support from 200ema
As we can there is a false breakout and in the selling zone sellers are active now sma 50 indicates selling as well as Sma 200 in 30 minutes 1 hr time frame. there will be increase in the trading volume zoon
gold can drop massively it is currently moving between 2317 and 2337 breakout of this range can. maybe we can see a big moment this week.
as data is much more similar to the forecast data now the users are likely to sell in this zone as we saw previously
as we can see bears are in power now and with low volume market is going down. and its a breakout again just like the previous one
Moving Average, MACD, RSI: Which is No. 1 Indicator? When trading in the stock market, choosing the right technical indicators can make all the difference. Among the most popular are the Moving Average (MA), Moving Average Convergence Divergence (MACD), and Relative Strength Index (RSI). Every one of them gives various insights: MA helps to identify trends,...
BALKRISHNA INDUSTRIES LTD Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakout of Descending Triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 3305+. ✅Can Go Long in this Stock by placing a stop loss below 3134-.
📌SWING TRADE FOR NEXT WEEK🚀 Hello Traders⚡ I am a Swing Trader by Passion i only trade on Momentum Stock's. 📌I Post Daily SWING CHARTS Analysis on My Trading view profile.. So let's Start 📌TRADE ANALYSIS OF -INDGN- • Potential Breakout Chart • IPO BASE TRADE ...
Important points ploted in the chat. *Investing in security market is subjected to market risk do own research before investing.
DATE - 12th March 2024. HDFC Bank has breakout today with good amount of candle size and volume too. Applied Concepts Chart P. - Inverted H&S Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart. Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed...
AUDUSD drops to a three-week low early Monday while printing a six-day losing streak as the People’s Bank of China (PBoC) announced a surprise rate cut. The Chinese central bank’s action pushed the Aussie pair to confirm a 3.5-month-old rising wedge bearish chart formation. However, the 50-SMA support of 0.6670 challenges the sellers of late. That said, the...
Taken a quick scalp on a pull back trade on Nifty on the long side. 101 points on the spot chart. Trade the price, not the view!
ITC has given a weekly breakout. This is a multi-week breakout. It would be advisable to wait for a re-test and then look for a long trade in Aug/Sep. Potential Target - 610 Holding Time - 60 days
LIC has given strong breakout can move 5% to 10% from here
Bank Nifty is much weaker than Nifty this week and I have entered short for a trade till 51,755 as First target.