mkmunir3

mkmunir3

Ethereum / ETH is expected to reverse from the slanting trend line. The horizontal trend line is also playing a role. Expect reversal from the shaded zone.

mkmunir3

As per Fibonacci fan analysis. Expecting reversal of crude oil from 72-76 levels.

mkmunir3

RSI came around 50 on 29 Aug and 16 Sep for Nifty but reversed upwards. At the moment we are safely above RSI 50 which implies positive bias. As per a different approach, horizontal trend lines, strong support levels (green) and strong resistance levels (Red) are marked too. We can manage our positions accordingly. Reduce or add to holdings as per the trend lines....

mkmunir3

Silver at its first strong support of 17. Next at 15.3 . Good time to enter for long term in my opinion

mkmunir3

Gold is moving towards a multi year trend line. Expecting it to take support on it. RSI is also in oversold zone and we can see reversal from these levels. See previous such occurrences marked.

mkmunir3

RSI below 50 first time since mid May 2022. Stock may take a breather before further upside.

mkmunir3

Has to break out of the range of 8620-9115 to take further direction.

mkmunir3

Crude, after touching a peak, fell and took support at 50 EMA. Now slightly bullish. Overall trend looks bullish over last few months. Same expected to continue . Indicated as per this report too www.spglobal.com

mkmunir3

TVS motors moving in a channel. let's see till what time it can continue

mkmunir3

Asian paints after nearing pervious highs, facing resistance. Supports marked in green. Resistance marked in red. Stochastics showing upward bias.

mkmunir3

Zomato is went above 50 EMA and on falling, took support on 50 EME. It has stochastics slowing reducing strength but still on positive side. Supports marked with green trend lines. Resistance marked in red trend lines.

mkmunir3

The stock can give a good upmove on crossing the resistance it is testing now. Supports marked in green. Resistance marked in red

mkmunir3

Dow Jones: 30700 to 30915 is a crucial range for today and next few sessions. The market is trapped in the range. We had a brief jump over 30915 in the first hour. If we see a breakout over this range, we can expect an up move.

mkmunir3

ETH could take support in 1100-1500 range in the zone marked by the two trendlines.

mkmunir3

Looking at past history since Nov 2010, Nifty has a target of 14460 or maybe more.

mkmunir3

ETH moving in a wedge pattern. It may break out and move up. We should wait for market to come out of this pattern. We have Major support around 2524. Resistance around 3383

mkmunir3

Bitcoin broke a channel and is falling towards supports. Reversal is expected from supports marked in green. Additionally, the blue trendline will offer good support. 40200 and 39700 will act as supports. If they break, a strong support is at 38500 which, if broken, will lead to significant fall.

mkmunir3

Taking support at 100 EMA. Expected to reverse from support levels marked in green. First target 2300.