Adani power may soon lost all its shine and crash to the levels of ₹ 165-170. Adani power is named as one of the manipulative stocks of 2022. But if you are riding this bull then its time to book profit.
Global crude oil prices have risen more than 14 percent in the past 30 days as traders see a continued rise in demand and supply fails to keep up. The 400,000 barrel per day output hike recently decided by Oil and Petroleum Exporting Countries is not expected to meaningfully bridge the gap between demand and supply. TECHNICAL ANALYSIS Crude oil has touched...
CMP 743 SL 741.50 TGT 749-752-755 Copper is taking support at 742 again and again. It is a bit risky call for short term traders. If it breaks 742 then it may fall to 738. So we are bullish if it stays above 742.
BITCOINS JOURNEY SINCE DEC 2020 TO JAN 2021 The major cryptocurrency Bitcoin prices has recently slashed from $69,000 to $40,000 in about less then 2 months. Bitcoin was on its peak at $69,000 on November 10th, 2021 and it made a recent low of $ 39558 on Jan 10th 2022, a decline of 42%. However, in last few days it gave a sharp upside movement towards $45,000...
Immediate Support at 506 Currently SBI has given a rally since its recent drop to 442 mark. If you bought at 450 levels can book profit today and enter short position for a garget of 470-464 with a stop loss of 506. Sell Today SL 506 TGT 470-464-458
IS THIS A GOOD TIME TO BUY OR WAIT FOR MORE CLARITY Silver has a major support @ 61150 One can buy with a Stop loss of this support for 1000 points rally from current level. BUY @ 61540 TGT @ 61850-62250-62800 ======= Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis. Follow...
Nifty has given a sharp recovery in last days of the year. Overall it has given 22% return in 2021, but on 17650 there is a major resistance. QUALITY STRATEGY FOR TRADERS Short Nifty near 17600 with a Stop Loss of 17700 for a target of 17300-17100-16950. ======= We are still trading in the range between 17400 and 16900. Any lower close below 16800 or upper...
WHAT TO WATCH OUT FOR Technical Overview Recently it made Head & Shoulder Pattern during mid Sep to Nov end, during which it touched a high of ₹ 19325 and made a neckline of ₹ 17050. It confirm the downside breakout on 23 Nov 2021 and confirms the start of downfall of stock. Trendline merging its top with shoulder has not yet been broken. Quality...
Nifty has reset in its falling mode,currently it is in down trend. QUALITY STRATEGY FOR TRADERS Technical Overview Nifty is creating bearish engulfing candle Short nifty at CMP 17050 TGT 16800-16650-16400 Stop Loss 17300 SHOULD YOU INVEST? Enter gradually near 16500, raise exposure once it crosses resistance of 17700. Nifty may give some immidiate...
We are bullish on crude oil for short term (one can say till expiry 17 dec) Risky traders can take long position in trade with a strict stop loss of 4620 for a target of 5450. ======= We are still trading in the range between 4600 and 5500. Any lower or upper breakdown will decide its direction again. ======= Trading is not about trying to capture every...
Nifty has given a lower breakdown recently, as we suggested earlier that soon we will get an opportunity to short nifty for a profit of 800-100 points, which we got. Next week, we are not much bullish on Nifty, downtrend will continue. Traders can enter for a short position with a stop loss of 17380 (Nifty spot price) for a target up to 16800.
Head and Shoulder pattern in Nifty has confirmed. We are waiting for a lower breakdown with some volume and confirmed candle signal. Soon you will get a chance to short nifty for a profit of upto 1000 points. Stay updated with our blogs.
Amazing profit delivered by crude short call given around 6100 level. Wait for further action in crude. Could not update post earlier due to higher fluctions.
Copper has climbed to 811.60 on MCX from a level of ₹ 731 in first two weeks of OCT 2021 and it fell down to again 725 till the end of the same month. Today Copper climbed to a level of ₹ 746, and now hovering around ₹ 738 Risky traders can take a short call on copper around 738 with a stop loss of ₹ 746 for a target of ₹ 720 .
Crude Oil is hovering around 6030 on MCX. Sell crude Oil around 6030 for a target of 5800. We are not responsible for any loss or even porfits you incurr on our suggestions. Charts and views are only for educational purpose.
Buy near ₹ 1400 with a stop loss of ₹ 1395 Target ₹ 1600 Happy Investing
At present Crude Oil on MCX is trading around 6210 with a day low of ₹ 6197 and made a high of ₹ 6244. Crude oil remained under pressure this week globally. If we talk on technical side, Crude Oil was running in a fixed channel since Septmber 2021, but on October 27th 2021, it closed below support line and yesterday on 28th Oct, it opened at 6180 with a gap...
Gold is giving buy opportunity around 47700 Gold has touched a low of ₹ 47584 today, if it sustained above 47750 then go for long with stop loss of today's low. Target around 48250-48400 can be seen very soon.