Analysis for educational purposes only. I am not a registered analyst. A Higher High Higher Low structure on price action is considered as an uptrend. - In the Daily chart, we see a breakout of previous Higher High. - Higher High is retested which is an ideal entry point. - Set SL as previous HL or in cases where there are other lows close by, choose the lowest...
NMDC STEEL (1W TF) - Swing Trade Analysis given on 21st Jan, 2024 Pattern: ASCENDING TRIANGLE - Volume Spike at Resistance - Done ✓ - Breakout - In Progress - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #NMDC
Price is currently testing its up-sloping trendline support. The current up-trend has also taken support at the previous peak, so price is likely to find support around 1700. The Weekly RSI is also testing its oversold zone of up-trend. We expect stock to continue its up-trend and test 2200. A Weekly Close below 1700 would negate this bullish view.
After a long time, LIC has finally got good positive and a very confident results. •CMP: 922 •Targets: -Very Short term target: 950 - Short term target- 980 - Medium Term target 1175 -Long term Target of 1600 You shouldn't miss this Multibagger. What do you think?
Based on the data provided, here is a 1-month analysis of ECash (XEC): From 2023-12-30 to 2024-01-29, the price of XEC decreased by 17.99%. The open price was $0.00003746, and the close price was $0.00003072. The BOLL support price was $0.0000288, and the BOLL resistance price was $0.0000347. During this period, there were two notable technical indicator...
Based on the available data, the current price of STORJ is $0.637 with a 24-hour price change of +4.37% and a 7-day price change of +12.89%. The token's total supply is 424,999,998, and the circulation supply is 385,770,354. In terms of technical indicators, within the past 7 days, the MACD pattern is bullish with a Golden Cross occurring 10 times. However, the...
Based on the provided data, the price of Woo Network (WOO) has experienced a 7-day price change of -7.75% and a 24-hour price change of -2.08%. To conduct a one-month analysis of Woo price movements, we will consider the start time as 2024-01-01 00 and the end time as 2024-01-29 07. During this one-month period, the price of Woo started at $0.3959 and closed at...
Over the previous week, Bitcoin has exhibited considerable volatility, as is characteristic of the digital asset market. The price of Bitcoin tested a critical support level around the $38,000 mark. This level proved to be robust, catalyzing a rebound as the asset's valuation ascended past the $40,000 threshold once again. At the current juncture, Bitcoin's price...
One of the best setup i have seen in a while. stock has been in consolidation zone on monthly charts and now trying to come out. safe entry now. once it closes above previous high of 747. it will fly like Boeing 747.
Rain Industries Breakout , waiting for retest and waiting for final confirmation
A breakout is near ! Different time-frames will reveal the true story
The gold price was moving within a narrow range last week. The price was bounded by 2020-40 until Wednesday's US better-than-expected GDP data; it cleared the 2020(2) support and dropped to as low as 2010. There are two major economic events to pay attention to this week. First, we have the Fed. Meeting on Wednesday. There is a 95% chance that the interest...
Bullish View on BTCUSDT Trade: Sell 40000 Put option of 2 February expiry @ $130 Buy 39500 Put option of 2 February expiry @ $80 Stop Loss: Spot level = $40000 Target: Premium = $0 in both legs Max Profit: $50/BTC Rationale: The most recent movement in BTC suggests a potential temporary halt in the downward momentum, with noticeable retracements in play....
USDJPY makes rounds to 148.00 early Monday as the key week comprising the Federal Reserve (Fed) monetary policy meeting and the US employment report begins. That said, the Yen pain snapped a three-week uptrend in the last while fading the bounce within a three-week-old triangle. While the hawkish hopes from the Fed and likely firmer prints of the US job numbers...
📊 DETAILS Sector: Diversified Mkt Cap: 570,260 cr Established in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business. TTM PE : 28.25 (High PE) Sector PE : 30.10 Beta : 0.63 📚 ...
Market Recap Nifty declined 0.47% to close at 21,352.60 Bank Nifty declined 0.48% to close at 44,866.15 India VIX declined 3.55% to close at 13.86
HDFC Bank (LONG)..You will never see 1380 for next few months
As long as Nifty midcap stays above 10375-80 range post 10am IST, then target 10456 / 10487 / 10516 for expiry.