Ashok Leyland has broken out on the daily chart, with the price moving above the 200-day moving average. This is a bullish signal, and the stock could continue to rise in the coming days and weeks. The stock is currently trading at around 181.95, and the target price for a breakout is around 187.50. However, if the stock breaks above 187.50, it could target 190 or...
Shriram Finance Ltd. NSE has broken out on the daily chart, with the price moving above the 200-day moving average. This is a bullish signal, and the stock could continue to rise in the coming days and weeks.
HDFC Bank has given a breakout on the monthly chart, and there are chances for more upside. This analysis looks at the technical indicators and the broader market conditions to assess the potential for further gains. Analysis: The monthly chart for HDFC Bank shows a clear breakout from a consolidation pattern that has been in place since 2020. The breakout was...
Precision Cams has given a breakout on the weekly chart, retesting the breakout level and now moving higher. This is a bullish sign and suggests that the stock is poised for further upside. The stock is trading with good volume and is maintaining a supportive trendline. It is also nearing the ATH resistance zone, which could provide a good entry point for...
Polycab India (POLYCAB) Analysis: Polycab has given a very good breakout of the price today, and there is a very good opportunity for a long position. Key levels: The support level is at 3,600, and the resistance level is at 3,800. Technical indicators: The MACD is crossing above the signal line, and the RSI is in the overbought territory. ...
Attention, Trader! An incredible chance has emerged, and it's time to act swiftly. The JPYINR pair has reached a crucial support area, presenting a golden opportunity for a long position. Take a calculated risk and dive into this promising trade. Don't hesitate, don't second-guess. This is your moment to shine. Trust your instincts and make a move. With the...
Hello traders! We have identified a potential short opportunity in crude oil from the level of 6000. Here's why: 1️⃣ Technical Analysis: The price of crude oil has recently reached a key resistance level around 6000, which has historically acted as a strong barrier for further upside movement. This suggests that there might be a reversal in the near term. 2️⃣...
Hey friends, I hope you're all doing well! I wanted to share a quick opportunity in the crude market with you. Currently, the price is at level 5670, and the profit target is 5604. It seems like a promising trade, so I thought I'd let you know in case anyone is interested. Feel free to reach out if you have any questions or want to discuss it further. Happy trading!
Hello Trader, I wanted to inform you about a potential short opportunity in Nifty. The market is currently forming an AB = CD pattern, which indicates a possible downward movement in the near future. The critical level to watch for this short opportunity is 18822. Once the price reaches or approaches this level, it could be an opportune time to consider...
Resistance Level at 5719: The price of crude oil has repeatedly faced resistance around the 5719 level in recent trading sessions. This indicates a potential exhaustion of buying pressure, suggesting a reversal may be imminent.
As you can see in the chart, first target has achieved in the bitcoin.
CRUDE OIL :- Price is re testing the sideways zone, this is the first retest, in the matter of my opinion, We can take a trade at this price point. we can clearly see the short setup.
If you're looking for a potential short trade setup in Nifty, using price action analysis could be a useful approach. By analyzing the price movement on the charts, you can identify key levels and patterns that may indicate a potential trend reversal or pullback. One possible short trade setup could be to wait for a bearish candlestick pattern to form at a key...
Based on Bitcoin script analysis, there may be a short opportunity at the current trading level of 27540.73. The script indicates that Bitcoin is defending the position it made in the sideways price channel, which could lead to a downward trend. However, it is important to conduct thorough research and analysis before making any investment decisions. It is also...
I would like to share my analysis on the Dow Jones stock. Currently, Dow is facing stress at the 32587 level which is acting as a resistance. Based on my analysis, I believe it is a good time to take a short position from here. I predict that Dow is moving towards the 29534 level. Thank you for considering my analysis. Best of luck with your trading.
Recently, the Nifty has been rejecting from a resistance level. This means that the index has been attempting to move past the resistance level but has failed to do so, and as a result, the price has started to decline. This rejection from resistance indicates that investors are not willing to buy at these higher price levels and are instead taking profits or...
Crude oil has been experiencing a significant period of sideways trading, with the price movement being relatively flat. However, the recent downward breakout in crude oil prices has caught the attention of market analysts and traders. The downward trend in crude oil prices may indicate a short-term bearish sentiment in the market, as supply outweighs demand....
please check the USDINR position, we can short the USDINR till it don't touch 80.15, every rise is the opportunity for sell, 80.15 is the area where it can take support and that is the area for long position, big boys will defend their position here,