MCX Crude oil has fallen from 7278 to 6562 level almost 10%. At current juncture price is trading at 6615 level trader can go long around 6550-6500 level for the target of 6900, 7200 level respectively.
On a daily chart MCX Silver trading at 81150, we have seen profit booking which took silver from 87000 to 81150, almost 6.75%. At Current juncture Silver is trading in a rangebound, one can go long in Silver around 80500-80000 for the initial target of 87000, further 90000 levels.
📊 Technical Chart Analysis - 3 May, 2024 🎯 Range Trigger Point: 170.00 🎯 Weekly Range: 7.50 📉 Buy Above: 168.03 📉 Average At: 167.15 🎯 Buy Target 1: 174.63 🎯 Buy Target 2: 177.50 🛑 Buyer Stoploss: 165.53 📉 Sale Below: 166.26 🎯 Sale Target 1: 165.37 🎯 Sale Target 2: 168.76 🛑 Seller Stoploss: 168.76
NSEIX:NIFTY1! GIFT NIFTY once again felt the pressure of sell zone at the top and gave the fall while reacting to buy zones marked in previous post, now we need to follow the next fresh buy sell zones to plan the trades accordingly, if we break the current buy zone, below are the 3 target marked, above current zell zone we may test the next sell zone.
NSEIX:NIFTY1! GIFT NIFTY is currently trying to maintain upside move at the previous sell zone should it break abd sustain above it, we may see few more green candles on daily TF unless it starts making fresh lower low lower highs by breaking the 2 fresh buy zones created below. watch the move closely to plan your trades ahead.
The Green line is marked for breakout, The Red line is marked for breakdown, The Black lines are for the target. Stay tuned, if any levels occur, I will update you in the comment section.
This is extremely scalping idea using less SL to get good profit.. Do analysis your own idea before taking any trade. Don't blindly jump into it. Thank you
Gold has taken a pullback to 2309, and currently looking to follow the downtrend.
Gold price brace for the second consecutive weekly loss despite downbeat US Dollar performance. In doing so, the precious metal seesaws between the 50-SMA and the 200-SMA while posting mild intraday losses within a two-week-old falling wedge bullish chart formation. That said, cautious sentiment ahead of the monthly US employment report and sluggish oscillators...
As we could see from the chart the way how XAGUSD presented beautiful patterns every time before a breakout. Now looking it from the left side of the chart it seems pretty easy to create multiple good trading setups but what's tough is doing the same to the right side of the chart where the UNKNOWN lies. That's what would take years of experience to interpret and execute.
Price is seeking for H1 lower BB, has reaction at H4 middle BB, so I expect it will go down for 100pips. Sell around 2300-2302, SL 2304, Tp 2292.
Please read notes on the chart and act accordingly. Marked are the levels wherefrom the current swing started and below which it is not likely to go. Disclaimer: I am not a registered analyst with any of the National/International agency and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be...
Sugar sector have been consolidated and No worries of Farmer benefits due to election now. So Good mansoon and Ethnol production will increase profitability. Global warming Forex earning International prices of sugar are high.
After Consolidation Gold has respected 70300-350. Now it is moving upward to retouch Previous high 73958 or higher. Buy here with stop loss 70300 target 73950. Put Stoploss on closing basis. (In Trading Time it may go above/below stoploss But closing price is most important). These are levels are generated on the basis on Fibonacci Series NOTE : I am not SEBI...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (24-04-2024) Current price- 2318 "if Price stay above 2308, then next target is 2328 and 2345 and below that 2295. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (23-04-2024) Current price- 2304 "if Price stay below 2342, then next target is 2290 and 2276 and above that 2360. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Silver has consolidated in bullish flag. Now it is breaking out of this flag. Buy it with today's lowest price as stoploss. target will above Previous high
🔴 Resistance - 6654 🔴 🚀 Target - 6671 - 6695 🚀 🟢 Support - 6647 🟢 🚀 Target - 6622 - 6597 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...