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Nifty Bank - In Bearish Price Trend - A "bearish price trend" refers to a market condition where the prices of financial assets, such as stocks, commodities, or currencies, are generally moving downward over a sustained period. It indicates a prevailing negative sentiment among investors or traders.

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Forming Reversal Chart pattern on Daily time frame - A reversal pattern in technical analysis is a chart pattern that indicates a potential change in the prevailing trend of a financial asset. These patterns suggest that an ongoing uptrend or downtrend is losing momentum and may be about to reverse direction. Traders and investors use reversal patterns to...

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Technical Analysis on Silver : - As discussed in the last week, silver is in bullish channel. A Bullish Channel is a technical chart pattern that represents an upward price trend with clear boundaries or channel lines. As clear shown in the attached chart price is moving in upward direction with clear channel lines. Follow the attached charts for more analysis.

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Weekly Technical Analysis of Gold MCX Futures : - As discuss in the previous week's Technical analysis, Gold is following a strong bullish price action, with good volume followed by breakout on daily chart. In last week our first 2 positional targets achieved. We are still into a bullish territory over the charts for gold.

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A "Bullish Channel" and "Bullish Price Action" are related concepts in technical analysis that both indicate positive market sentiment and an upward trend. Here's an explanation of each: Bullish Channel : A Bullish Channel is a technical chart pattern that represents an upward price trend with clear boundaries or channel lines. It typically consists of two...

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Bullish price action refers to a series of price movements and candlestick patterns in a financial market that indicate an upward or bullish trend is likely to continue or emerge. Here are some common signs of bullish price action: 1. Higher Highs : In an uptrend, each successive high should be higher than the previous one, demonstrating an upward momentum in...

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1 . Chart Pattern - Bullish Symmetrical Triangle 2. Chart Pattern Description - A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new...

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Hold Crude Oil Futures positions Possible upside till ₹7,480-₹7,680 Stop Loss Below ₹7,225