Breaking of 508 levels can send the stock falling significantly. Possibility to go to 408 levels
Stock maybe moving towards 858 levels after remining at high levels.
The channel extends several years. If the stock breaks this channel, it may find difficult to come up again.
Rs 8, 10.5 & 13.5 have been important levels for IDEA since few years. Currently its around 10.5. we may see stability at level of 8 and maybe reversal from those levels.
The trend line extending from Feb 2012 to 2024 can play a role and we can see USDINR bounce . The trend change is expected in the area marked by the circle.
Stock may give a good move. 272-289 will act as support zone
GLD has completed the reverse Head and shoulder breakout target. Expecting to pause for few weeks or get a significant pull back.
The trend line is expected to be touched again in anytime May to July 2024. An upmove to 87-90 range can happen after that
The triangle pattern I discussed one week ago broke down and target is completed. Expecting stability. high chance of reversal.
We are getting a triangle pattern. Further direction will depend if the index gets a break out or break down from this pattern. Next 10 days crucial
Stock has to cross the zone marked by two trend lines to give a good upward move.
With ref to the analysis I shared on 18 January, nifty finding the level marked important.
Nifty facing resistance at the level it broke. Marked in blue line
Stock has positive trend but losing strength as per MACD.
Midcap index. We are at first support. We have two more support levels. Next few days are crucial.
Weekly chart shows 'M' pattern. If it breaks, we can get 950 levels.
BTC/USD weekly chart. It has entered uptrend. EMAs show trend change to positive. The Blue line is an important trend line. Cup an Handle break out has already happened. Now resistance will be seen at the red line and support at the green line. These levels may seem far apart but the volatility of the crypto market warrant us to keep deeps stop loss levels....