Symbol - BTCUSD BTCUSD is currently encountering substantial resistance, with the price being significantly repelled from the 105-107K zone, establishing a strong resistance area. However, this resistance does not yet negate the broader bullish outlook in the market. A complex market structure is unfolding, characterized by both a descending channel and a...
Symbol - ONDOUSDT ONDOUSDT continues to demonstrate an upward trend, with periodic cyclical counter-trend corrections. The chart is currently indicating a potential conclusion of the correction phase, suggesting a readiness for further upward movement. A significant consolidation pattern has developed within the context of the prevailing uptrend. In this regard,...
Symbol - NIFTY50 CMP 23260 The Nifty50 is currently in a downtrend and is trading within a falling wedge pattern, indicating potential for a bearish move in the near future. At present, the index is trading at a resistance zone, specifically between 23260-23300, with additional resistance zones positioned further upwards. Given these technical factors, there is...
Symbol - ADANIGREEN CMP 988 Adani Green Energy Limited, incorporated in 2015, is a holding company of several subsidiaries carrying business of renewable power generation within the group and is primarily involved in renewable power generation and other ancillary activities. In Adani Green Energy, a bullish flag formation has developed. A breakout from this...
Symbol - XAUUSD Gold has recently tested lower levels of rising channel and is now engaging with trend support, creating volatility in the market. The strengthening of the U.S. dollar is exerting downward pressure on the precious metal. Gold appears to be entering a corrective phase, with the market gradually shifting from a bullish to a bearish outlook due to...
Symbol - GBPJPY The GBPJPY is currently trading within a symmetrical triangle pattern and recently experienced an attempt to breach resistance levels and rise. However, the momentum has proven insufficient, as market participants remain skeptical of any bullish movement, primarily due to the actions of the Bank of Japan. The Bank of Japan recently increased its...
Symbol - XAUUSD Gold has been oscillating near the support level of 2762 since the session's opening. The probability of a retest of the all-time highs remains elevated. The dollar's current correction provides opportunities for bullish movements. Traders are experiencing profit-taking while awaiting the Federal Reserve's statements and the Trump administration's...
Symbol - BANDHAN BANK CMP - 151.12 Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. The company has a PAN-India presence and offers a wide range of banking products & services and asset & liability products and services designed for micro banking and general banking. A double bottom...
Symbol - EURUSD The EURUSD currency pair has broken its previous trend, emerging from a consolidation phase and reaching new highs, which signals a definitive shift in market direction. The primary focus now shifts to the resistance zones, where significant market struggles are expected. The ongoing correction of the US dollar, largely driven by political and...
Symbol - XLMUSDT XLMUSDT is currently entering a correction phase following an attempt to establish an uptrend. The price is breaking key support levels due to a shift in market structure and the ongoing correction in Bitcoin. As Bitcoin undergoes a corrective phase, it is exerting additional pressure on the already fragile altcoin market. This bearish sentiment...
Symbol - USDJPY USDJPY is unable to maintain its uptrend for the time being. Speculation about potential actions from the Bank of Japan is expected to surface. Meanwhile, the US dollar continues to strengthen. The 158.45 level represents a significant resistance formed by bears, who are still exerting pressure on the market. This week, we anticipate active...
EURUSD is poised for a potential bullish rally, having broken the extended downtrend and entering a phase of consolidation, which could provide an opportunity for further upward momentum. Although the broader global trend remains bearish, it is premature to discuss a trend reversal, as the price is still facing significant resistance at 1.0440. However, a...
Gold is encountering significant resistance at 2721 and has entered a correction phase, which aligns with shifts in the broader economic landscape and fundamental factors. Easing geopolitical tensions in the Middle East have reduced the demand for safe-haven assets like gold, the US dollar, and US bonds. Moreover, improved market sentiment is being driven by...
Symbol - BERGEPAINT BERGEPAINT is currently trading at 445 I'm seeing a trading opportunity on buy side. Buying BERGEPAINT Futures at 445 I will add more long position at 438, if comes. Holding with SL of 432 Targets I'm expecting are 462 - 475 & above. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading...
Symbol - BANKNIFTY CMP 50080 BN is currently trading at a major support area which is acting as a support zone from last 7 months. This support liquidity zone has tested multiple times & there is Triple top pattern is formed. I am expecting breakdown of this support zone in near future which will trigger huge selling in bank nifty & bank nifty may correct 8-10%...
Symbol - ASTRAL ASTRAL is currently trading at 1555 I'm seeing a trading opportunity on buy side. Buying ASTRAL Futures at 1555 I will add more long position at 1535, if comes. Holding with SL of 1515 Targets I'm expecting are 1630 - 1685 & above. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading...
Symbol - DXY DXY is currently trading at 109.16 My reversal setup has formed in DXY & I'm seeing a trading opportunity on sell side. Shorting DXY at CMP 109.16 I will add more position if 109.65 comes & will hold with SL 110.05 Targets I'm expecting are 108.00 - 107.30 & below. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing...
Symbol - USDCHF USDCHF is currently trading at 0.9118 I'm seeing a trading opportunity on sell side. Shorting USDCHF pair at CMP 0.9118 I will add more quantity at 0.9165, If comes. Holding with SL 0.9210 Targets I'm expecting are 0.9010 - 0.8945 & 0.8880 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading...