Sell Nasdaq 100 at current price 10880 Target is 10000 Stoploss is 11010 Nasdaq is in a downtrend, the bounce today should be used to sell as long as it does not breach the falling trend line
Sell at current price of 1.0645 Target of 1.06 Stoploss of 1.067
The S&P 500 has been trading in a falling parallel channel since December 2021. It is now trading at the top end of the channel, on past three occasions it has corrected for weeks once reaching the top end of the channel. But on this occasion the MACD & RSI both are showing positive divergence on the bottoms formed in the months of June and October. Consider a...
TECHM stock has been consolidating between 1000 and 1100 since June this year. This 100 point range has provided a good base for next rally higher. One can go long TECHM at current market price of 1100, with a stoploss of 997 The target for this trade is 1400, 1500 & 1600 The timeframe for this trade is 31-Jan-2023
Natural gas is taking support at 6.7 levels and based on the MACD on the 30 min chart, which is about cross over above We can take long position in Natural Gas at current market price of 6.715, with a stop loss of 6.680 The target for this trade is 6.8 & 7
WTI crude oil has formed a double bottom pattern on the daily chart with a positive RSI divergence One can go long at current market price of 81, with a stop loss of 76 The target for this trade will be 92 The time frame for this trade is 20-Dec-2022
The US Tech 100 is giving a Flag breakout on daily chart and also the RSI has taken support at the 50 level and bounced back up. This indicates start of a fresh rally till end of the Year. One can go long at current market price of 11971, with a stop loss of 11398 The target for this trade is 12800, 13200 & 13600 The time frame for this trade is till 31-Dec-2022
Natural Gas price has turned down after hitting the 8 dollar mark recently, based on the reversal on RSI from higher levels and MACD indicator pointing downwards One can Sell Natural Gas at 6.940, with a stop loss of 7.450 The target for this trade is 6 & 5.4 The time frame for this trade is till 31-Dec-2022
As price and RSI has both have turned down from overbought levels on the 15 min chart, we can sell Nifty at current market price of 18830, with a stoploss of 18900. The target for this trade is 18650 & 18600 The time frame for this trade is till 2-Dec-2022 Nifty is in a strong uptrend hence there might not be a deep price correction, watch out for RSI cools...