US Oil: Blue Newcastle Coal: Light Orange Indonesia Coal Producer: Candlesticks
I noticed Geo Energy, an Indonesia Coal Producer used to follow the USOIL trend quite well (in blue). But in recent times, it hasn't. I expect the price of coal to sitll follow crude oil. Is this because Geo Energy is no longer able to capitalise on the recent oil price rise? Or is Geo Energy Undervalued?
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SGX Nifty Daily Chart CUP Pattern breakout suggest 2400 points upmove on Nifty in next 6-8 Months LTP 19125 SL 18600 Targets 21400+ Timeframe 6-8 Months. Happy Investing to my friends & Followers.
SGX Nifty shows breakout from the Hourly CUP Pattern with Target coming as 19100 by next Weekend. LTP 18885 Targets 19100 Buy all dips for 1 week with SL at 18750. Happy Trading to my friends & followers.
5 Week Rate of Change turned up. Turned above zero line on week ended 22/06/2023 Since then it is above the zero line. In the supply zone created by the earlier peak of 19031. The supply zone is 19031-18557. For last 4 weeks, SGX NIFTY in the supply zone. Support of 18500 critical. A fall and close below 18500 with bearish candle can lead to...
A correction of the rise from C to D for E is likely. Retracement of the rise from 16899 to 18975 are placed at 18490(23.6%) and 18490(38.2%). Ideally must hold these levels. If it does not then next retracement levels 50% 18186 and 61.8% 17693. The correction if extend to either of these levels will depends on correction momentum. Higher bottom will be...
market is currently trading at Supply zone. we can wait market to break Up side.
SGX nifty cmp 18826 SGX nifty index registered high of 18831 today and 18860 in last week. Last week was not able to close above 18779 levels, As per wolf wave formation , index in last phase of up move, where index might face resistance around levels of 19000-19100 levels. As per pre assumption of harmonic pattern formation, leg c of pattern is already matured,...
At 12 am SGX nifty is Near Breakout , making Assending Triangle Chart Pattern If Breakout will be successful Next Target for SGX nifty is 18750 If Breakout will be successful Nifty will Open Gap up Tomorrow 13 Jun 2023 If Breakout will be successful Short term Down Trend will Change . Plan Tomorrows Trade Accordingly
The HalfTrend strategy is a simple trend-following strategy that uses the HalfTrend indicator, which is a custom moving average indicator that changes color based on the trend direction. The strategy involves buying when the indicator is blue and selling when it's red. You can use this strategy on any timeframe and any currency pair. The HalfTrend strategy ...
Nifty at crucial level at the time and the formation is double top at all time high if nifty breakouts the high then we will see new bulls trend either breakdown the double top neckline the we will see a 15-20% retraces Wait and see
SGX:IN1! sgx may hit 18500 /18400 zones if breaks below today's low and gives candle close on 4 hour time frame.
SGX:IN1! sgx formed rising wedge till all time high sell zone and breaks it today,may reach 18300 level in no time. watch beloe 18607.
Sell PRZ - 18845/18868 SL - 18905 Target - 18769/18738
SGX nifty Demand and Supply Zones with Chart Analysis SGX nifty is Future of Nifty50
Bearish Alt Shark In Nifty Sell PRZ - 18756/18790/18813 SL - 18822 Target - 18690/18620
Resistance for Nifty Future Contract (SGX Nifty) R1-18670 R2-18812 R3 -18921 Supports for Nifty Future Contract (SGX Nifty) S1 -18460 S2-18250 S3 -18085