Silver Heading for newer highs? Inverted H&S Breakout above 73400. Buy above 73400, SL below 71000, Target 75200/77000++, CMP 72800 #mcx #silver #gold #commodities #trading #metal #breakout #profit
Godrej CP is looking for breaking the trendline resistance since Nov 2021. if it sustains above 945, it will zoom to 1000++ very soon.
After almost 6 months, aluminium now looking for reversal. Inverted H&S in making. one can look for weekly chart for more clarity.
Silver is looking very bullish on the weekly time frame charts. If it breaks the trendline with volume, path will be open up for newer highs. target would be around 75000. SL is around weekly low and should be as per risk appetite.
UPL forming flag & pole pattern on weekly time frame. above 750 it'll give flag breakout. One can go long above 750, with SL below 715 for target of 800-840
Hourly Breakout above 236.50, SL can be placed below 230. Target 244 & 264.
LongTerm to MediumTerm Investment Idea: 1. Previous Trend: Uptrend 2. Consolidation on resistance. 3. RSI = 60 4. long above 1675 5. SL= 1230 6. Target= 2550