Hello traders! My technical indicators and analysis suggest that gold is likely to be a buy if it breaks out above the level of 2519-2520 and subsequently retests this level as support. On the other hand, if gold breaks down below the support level of 2504-2505 and then retests it, we may consider a potential sell opportunity.
Nifty will be gap up opening in today's session. After opening nifty sustain above 22340 level and then possible upside rally up to 22460 level in today's session. in case nifty trades below 22310 level then the downside target can go up to the 22190 level.
POLYCAB INDIA LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 4891+. ✅Can Go Long in this stock by placing a stop loss below 4200-.
CHOLAMANDALAM INVESTMENT & FINANCE LTD Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakout of Bullish Wedge Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1260+. ✅Can Go Long in this stock by placing a stop loss below 1080-.
Hi Traders! There is further downside potential on the USDJPY 4H chart. The current monthly low at 141.152 looks to be the next likely target for a possible re-test of the level. Price Action 📊 The price action looks bearish, the market swings are getting lower, and the market has been below the 20 EMA for the past week. As long as the market remains below the...
DR REDDY LABS LTD Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 7100+. ✅Can Go Long in this stock by placing a stop loss below 5060-.
Hi Traders! USOIL is slowly pulling back to its three-month low at 77.68. Price Action 📊 The market's price action is currently bearish due to a few signs. The market recently had a trendline support momentum break after a very strong uptrend period, which has led to lower highs and lower lows. Finally, the market broke under the 20 EMA and has failed to go...
POLYCAB INDIA LTD Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakdown of Rising Wedge Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 4566-. ✅Can Go short in this stock by placing a stop loss above 5498+.
Nifty will be gap up opening in today's session. After opening nifty sustain above 19460 level and then possible upside rally up to 19580 in today's session. in case nifty trades below 19430 level then the downside target can go up to the 19310 level.
Nifty will be gap down opening in today's session. After opening nifty start trading below 19500 level and then possible downside rally up to 19380 in today's session. in case nifty trades above 19550 level then the upside target can go up to the 19670 level.
Ipca laboratories Ltd Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1145+. ✅Can Go Long in this stock by placing a stop loss below 845-.
MPHASIS LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 2600+. ✅Can Go Long in this stock by placing a stop loss below 2415-.
GLENMARK PHARMA Key highlights: 💡⚡ ✅On1day Time Frame Stock Showing Breakdown of Double Top Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 710-. ✅Can Go short in this stock by placing a stop loss above 795+.
INTERGLOBE AVIATION Key highlights: 💡⚡ 📊On 1Hour Time Frame Stock Showing Reversal of Double Bottom Pattern . 📊 It can give movement upto the Reversal target of Above 2600 +. 📊There have chances of Breakout of Resistance level too. 📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 2670+. 📊 Can Go Short in this stock by...
TECH MAHINDRA Key highlights: 💡⚡ ✅On1hr Time Frame Stock Showing Breakdown of Double Top Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 1070-. ✅Can Go short in this stock by placing a stop loss above 1150+.
Hi Traders! USDJPY is trading with momentum ahead of tomorrow's Non-Farm Payroll (NFP) announcement, and we could see a break above the resistance level at 145.073, especially if the NFP data is strong. All of our indicators and price action analysis on the 1D chart are showing us that USDJPY is currently bullish. Since we had the break and close above our 20...
Hi Traders! We are nearing a bullish breakout on the US Dollar Index (DXY) 1D chart. This, however, will be heavily dependent on today's and tomorrow's very important fundamental data releases, which will indicate where the US economy is heading. Looking at the technical price action on the chart, we have marked a few key things to focus on. Firstly, there is a...
How nicely Necklace Pattern is being shaped. A Necklace is when stock goes down 90% & reaches back to its old lifetime High...Monthly TF clearly indicates target above Life Time High! Its re-claiming its past glory! This is also called as rounded bottom, but since its re-claiming its old High, its no more a bottom, right?