#Silver has completed 38% retracement in last uptrend. Now trading near a strong demand zone. Looks good to add slowly for #Long term #PortfolioBuilding #Investment purpose. Would add more if further dip comes till 18 odd levels.
🟢 Breakout on monthly charts (sign of #LongTerm #TrendReversal) 🟢 High volume breakout and then BO retest done near 160 levels. 🟢 Good to buy now and add more near 140 if seen for #LongTerm 🟢 Potential upside target 219.8/231.2/254.1 by the next Diwali 🟢 2W ChartURL:
🟢 Multiyear breakout on monthly charts. #RSIStairs > 57 Bullish 🟢 Potential upside target 696.5/736.5/817. Add more near 500. 🟢 2W ChartURL:
Indian Indices (Fut) Last Session: 🔴 Nifty closed below 20 DEMA with #TweezerTop in daily TF. 🟢 BankNifty notices DojiStar in daily TF. Regained 20 DEMA. 🟢 SmallCap & MidCap indexes did well by rising nearly 1.0% Institutional Data: 🔴 FII sold 1650cr worth stocks & index excluding the options 🔴 FII's have sold 23500 Cr equities in cash the last 10 days. 🔴...
Indian Indices (Fut) Last Session: 🔴 Nifty broken 18000 with a #BearishMarubuzo in daily TF. 🔴 Nifty has formed a #EveningStar pattern in weekly scale 🔴 BankNifty broke 41450 support & closed lower -1365(3.5%) 🔴 SmallCap & MidCap indexes corrected nearly 8-9% from top. Institutional Data: 🔴 FII sold 6500 work stocks and index excluding the options 🔴 FII's have...
Indian Indices (Fut) Last Session: 🔴 Nifty broken 18000 with a #BearishMarubuzo in daily TF. 🔴 Nifty has formed a #EveningStar pattern in weekly scale 🔴 BankNifty broke 41450 support & closed lower -1365(3.5%) 🔴 SmallCap & MidCap indexes corrected nearly 8-9% from top. Institutional Data: 🔴 FII sold 6500 work stocks and index excluding the options 🔴 FII's have...
🟢 RSIStairs Breakout above 55 🟢 Bullish crossover on daily TF 🟢 On verge of a fresh breakout 🟢 Above 805 can test 820/840 🟠 SL =785 on 15M closing basis.
🟢 ITC took support near demand zone of 230 i.e. 50 DEMA too. 🟢 DC25 was defended and stock closed above PDH successfully. 🟢 Last 25M #PriceAction indicates #ShortCovering. Bullish. 🟢 Above 240 stock can fly towards 248/261. #BuyOnDips SL = 230.
Indian Indices (Fut) Last Session: 🔴 #Nifty broke the 18267 support and closed near day low. #STBT #BearishBrokenWingStraddle (-2x ATM CE, -1x ATM/OTM PE) 🔴 #BankNifty broke 41054 support and closed near day low. #STBT #BearishBrokenWingStraddle (-2x ATM CE, -1x ATM/OTM PE) Institutional Data: 🔴 FII's sold 15,000 cr stocks, 6,000 cr index futures in last 6...
Indian Indices (Fut) Last Session: 🟢 #Nifty had a strong gap up open above 18000 near PDH. Sustained buying & #Short covering made it close +0.95% higher. 🟢 #BankNifty had a strong gap up opening; but seen profit booking around 38836 mark to close near 38698 with 0.28% gain. 🟢 Nifty futures noticed buying with strong volumes despite global weakness specially from...
🟢 MCX:Gold future has given a #SymmetricalTriangle breakout on the weekly scale. 🟢 Weekly RSIStairs breaking out above 55. Bullish for a #ShortTerm to #MediumTerm 🟢 Looks good to buy #GoldBees for #PortfolioBuilding #Investment till its above 40
Global markets (Last Session): 🟠 US markets closed marginally lower in a narrow range session. Dow/Nasdaq/SPX extended their losses by 0.35% more. 🟠 European markets had weak opening but recovered sharply in second half to close marginally lower with 0.35% loss. 🟠 US 10YR yield cooling of today to 1.572 level. DXY rose high to 94.516 mark. Brent crude fell by...
Global markets (Last Session): 🔴 US markets closed low near lowest point of the day. Dow/Nasdaq/SPX lost nearly 0.75% in a high volatile session 🟢 European markets had weak opening but managed to close marginally higher closing near highest point of the day 🔴 US 10YR yield cooling of today to 1.612 level. DXY rose high to 94.36 mark. Brent crude rose by 1.33% to...
Global markets (Last Session): 🟠 US markets closed flat in a narrow range day. Dow regained the 50 DEMA while SPX and Nasdaq trading below 50 DEMA. 🟠 European markets too had narrow range day and closed marginally lower. Looks like mostly weekend profit booking. 🟠 US 10YR yield closed higher +2.54% near 1.615. DXY cooled off to 94.04 mark. Brent crude rose by...
Global markets (Last Session): 🟢 US markets continued its up move from last day & moved another 1-1.5% higher closing near highest point of the day. 🟢 European markets opened opened strongly and closed higher by 1.25-2.00% closing near the highest point of the day. 🟠 US 10YR yield closed higher +3.35% near 1.575. DXY cooled off to 94.21 mark. Brent crude rose by...
Global markets (Last Session): 🟢 US markets opened lower but recovered 1.5-1.75% sharply from day low to close higher near highest point of the day. 🟢 European markets opened lower & went down by 2-2.25%. But later recovered in second half to close with 1-1.5% loss. 🟠 US 10YR yield closed lower -0.33%. DXY rose to 94.23 mark. Crude oil eased off by 2.08% to close...
🟢 Support just above 61.8% retracement levels in an uptrend. 🟢 39100-41000 is an good demand zone & polarity zone too. 🟢 With most likelihood BTCUSD may bounce from current level. 🟢 Making HH-HL on daily TF. Momentum indicators bullish.
Global markets (Last Session): 🟢 US markets closed higher paring most of the losses of previous session. But Rusell 2000, smallcap index closed lower. 🟢 European markets opened posItive & maintained the gains till end of sessions. Closed higher with 0.95% to 1.25% gain. 🔴 US 10YR yield rose 3.17%. DXY re to 93.97 mark. Crude oil shoots up another 1.53% and...