VI and stochastics on weekly chart are indicating a mildly bearish silver (CL COMEX). It is at a long term support of a trend line that is one and a half years old. It may bounce for few days from here, and that would be a good opportunity to short. Silver is a short on rise unless it breaks above 26.285. which looks very difficult in current setup.
Crude oil (CL) is at a long term support. The support ranges from 71 to 67.5. Weekly chart stochastic and VI are both oversold. Perfect buy on dip.
This could be last fall before starting its next rally. Good to buy at support level marked. Watch for positive signs of candle sticks printing at support for taking trade .
Honda Motors gave a potential Breakout from downwards parallel channel. Stock is trading above Monthly CPR and printed bullish pin bar showing great sign of rally. Can considered for swing trade. This is posted for education analysis, do you due diligence before taking trade
this is a possible oportunity for the gamestop creating a descending pattern if broken eitherside, may lead to good move.
HDFC Bank: Though HDFC might have come down after the result. It might have been bad result in a long time but still it isn't negative. NII is at 28%. So, don't expect the market to go down. I expect market to rebound after the initial shock. So be +ve and don't be surprised.
Hi I am investing in this stock for 5 years long ime from 2024 jan because I am finding good potential from this company
Adbe has done one leg of down and pulling back now. It has now reached 20 DMA which can act as resistance. This is low risk setup with closing above 20DMA as SL. Target 1 - 570, Target 2- 550
Currently, Amazon is in the buying zone, but if the red average indicated by the blue arrow is broken and we enter the green zone, the market will be in the selling phase.
-resistance breakout with high volume -rise in rsi & adx -strong closing can boost this stock keep in radar -above all crucial ema & sma
It appears that Meta is poised for a breakout, having maintained its price range for the past two years. To confirm this, we should wait for a substantial breakout with volume at the 384 range. Target: 74%
Nasdaq-100 index reversed from support level 16170.00 Likely to rise to resistance level 16930.00 Nasdaq-100 index recently reversed up from the pivotal support level 16170.00 (former double top from the end of November) intersecting with the 38.2% Fibonacci correction of the upward impulse from November. The upward reversal from the support level 16170.00...
Currently Tsla is in the selling zone, but if the red average indicated by the blue arrow is broken and we enter the green zone, the market will be in the buying phase.
Stock has been trading in sideways and it reaches the bottom support line and printed positve pin bar which is sign of buyers . It has potential to move till the resistance ( might take a year to achieve the target of 18% )
Cognizant Technology has been some profit booking on weekly charts after hitting high of 76.85. After the weekly high candle we saw an inside candle and followed by big bodied red candle with range expansion on downside. Low is formed at 72.69 on the stock. Watch earlier swing highs at 72.71 and 72.36 formed in first and last week of August 2023. We have a...
Nasdaq Composite Index has seen some profit booking in last 2 weeks. Recent high at 15150.07 was not sustained with 15151 as mirror number ( I am always fascinated with such numbers). Incidentally the level of 75% of the range saw profit booking which was 14681.38. We need to sustain above this level to see further growth on the index.Supports at 14167.01 and...
Flagpole breakout to a lower side. possibly to going to much earlier lower zone of 69