The chart shows an interpretation of the year and half long sideways move in SILVER. This has all the characteristics of a triangle that is headed for an upside break. Wave E may be slightly short, so may have some more lower go, but that is not necessary. In any case a break of the upper trendline B-D should indicate a powerful upmove will begin. This has...
a fught between bulls and bears over the upper trendline of the downfall my personal view since 4 years is that silver has to reach 1 00 000 rs per kilogram ... the outcome for this fight might be anything as of now , but it is surely hitting the skies .... Currently the downtrend is being tested and prices are sustaining around the trendline ... I guess...
Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: While the RSI support #1 at 48 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 28.55 on 06/ 01 /2021, so...
#SWSOLAR NSE:SWSOLAR Sterling and Wilson Solar Ltd. CMP: 236 Target: 337 + SL: 220 Time Frame: < 3 months If u like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations. :)
Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: A peak is formed in daily chart at 28.75 on 05/18/2021, so more losses to support(s) 26.60 and minimum to Major Support (25.75) is expected. Price is above...
WE CAN GO FOR SHORT IN SIDE THE PATTERN WITH SMALL SL. AS PER DOW Theory we have lower low now and pullback so short possibel
Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: A trough is formed in daily chart at 23.75 on 03/31/2021, so more gains to resistance(s) 28.30, 29.85, 33.45 and more heights is expected. Price is above...
Monthly Resistance at 27.71480 Monthly Support at 23.52408 Day support at 26.35995 In Day time frame Trend line crossing its shown in chart. Conclusion : Market may sideways between 27.71480 - 26.35995. If market breaks the range we can expect good movement.
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 29.85 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 27.40 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
Gold has reversed from an important trendline. long on dips with 1826 Stop loss.
Silver should head down to the earlier indicated zone . This should be the final Y wave to end the correction.
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 27.40 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of resumption of uptrend is increased. While...
Silver shotup today and had a volatile few mins with a wide range. This may have just completed the X Wave of the upward corrective from the late Sep Lows. X waves are generally sharp reactions. The upmove since the Sep lows is best counted as an X wave. Note the labels on the chart - nothing impulsive, overlapping and time consuming upmove. There is no impulsive...