Longposition
HINDALCO - LONG TERM ANALYSISHINDALCO is moving in a SYMMETRICAL TRIANGLE
A good opportunity in HINDALCO either we for long / short by seeing the break out accordingly...
For the time being wait and watch.
Follow the levels, I have given above chart
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
HAPPY TRADING GUYS
XAU/ USD !! bright spot in the market, price increase cycle⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold is trading higher near its three-week high of around $2,088 per troy ounce during the Asian session on Thursday. The potential for rate cuts by the Federal Reserve (Fed) in the first quarter of 2024 has improved risk appetite, leading to an increase in the price of gold.
The presence of major shipping companies returning to the Red Sea indicates a tentative return to normalcy, potentially influenced by the deployment of a multinational task force in the area. However, concerns persist regarding the potential closure of the Gibraltar Strait by Iran. The complex and ever-changing geopolitical situation in the Middle East continues to impact market sentiment and contribute to a growing demand for safe-haven assets such as gold.
⭐️ Personal comments NOVA:
Prices continue their steady upward trend, although there is not much impactful news, the positivity and trust of investors helps Gold prices continue to fly high.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2067 - $2069 SL $2060
TP1: $2075
TP2: $2086
TP3: $2094
🔥SELL GOLD zone: $2094 - $2096 SL $2102
TP1: $2086
TP2: $2080
TP3: $2070
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
AUD/NZD ⬆️ Long Trade setup ⬆️Hello Everyone.
Triangle breakout
💲 Entry Point : 1.07905
🟢 TP 1.09132 🔴 SL 1.07413
Please support us with like & comment & Follow
Disclaimer
---------------
Trading is risky we all take loses
your responsibility is to not take more than 1% to 2% loss per trade and double your profits.
Sideway price range above 2050 for Gold⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US Dollar showed weakness against other currencies, while the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies used by US trade partners, fell to its lowest level since July at around 101.45. Treasury yields decreased, with the 10-year yield at 3.89%.
Expectations of easing by the Federal Reserve have increased. The market has priced in a 15% chance of a rate cut on January 31 and fully priced in a cut on March 20, with six cuts fully priced in by the end of 2024. However, traders will be closely watching upcoming data for further guidance. It is important to note that lower interest rates benefit gold, as they reduce the opportunity cost of holding non
⭐️ Personal comments NOVA:
continues sideways above the $2050 price range. The outlook for ending 2023 is strong for Gold
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2045 - $2047 SL $2038
TP1: $2055
TP2: $2068
TP3: $2080
NOTE: Pay attention to the support zone $2050-$2052. BUY SCALPING can be set up
🔥SELL GOLD zone: $2083 - $2085 SL $2090
TP1: $2075
TP2: $2068
TP3: $2060
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
DISH Network Macro technical developments point to BuyHi guys! So this is a look into DISH Network (DISH) technical analysis. This analysis is done on the 1 Month timeframe, thus depicting the Macro price action of DISH. This analysis does not express the shorter term or intermediate term trend but looks to assess the Long term trend.
The findings in this idea also support a buy and hold strategy for DISH. Do note that because of that it is possible for shorter term or intermediate term pullbacks. I will do my best to post updates on shorter timeframes to help assess better buy areas.
But anyway lets jump right in.
As you can see from the Highs of Dec. 2014, we've been in a continual price decline.
Depicted by "Major Resistance trendline", that has helped propel the downtrend.
We reached major Support Zone, to only break through and continue our downtrend.
Till we reached our Downtrend target zone. Here i was aspecting more downside, where price action would have traveled inside this zone.
This month however we have had a 45%+ bounce Up.
Currently in the process of creating a BULLISH ENGULFING CANDLE. It being on the 1 Month, makes it very Powerful.
Note though: This months candle closes Dec. 31st. So nothing has confirmed yet. But if on Jan 1st, we are still looking like this. This ENGULFING candle may indicate a macro trend change.
We have also from last months and this months candle, confirmed a Sloping Support trendline. This showcases the Uptrend and a Higher low on the Macro scale.
Notice also the 21 EMA (Purple moving average). This will continue to come down BUT it can be used as a target for where price will move to. We've also havent touched it since 2021. So probabilities dictate we will eventually touch it. So keep that in mind.
A likely target if this uptrend continues is the $9.00 level. That would be a critical area since breaking above will mean continued bullishness but a rejection could mean that there maybe a probability that we go lower, possibly into the DOwntrend target zone.
IRCTC BUY CALLHi all,
After long struggle India ka favourite stock IRCTC given an excellent breakout in weakly timeframe. It will be the good buy for long term, support level would be 760 and target 1100, and there is a chance to break that level and reach all time high, 100% monopoly in railway ticketing is a advantage for that stock, and recently govt announce 1lakh crore investment in railway sector to minimise the waiting list in trains give positive vibe on that stock. To conclude recent positive news and a breakdown in weakly time frame shows a buy call for long term.
Iam not a SEBI Registered advisor do your own research to trade. I publish this idea only for educational purpose.
WIPRO BREAKOUTHi all,
After two years of down fall and one year of consolidation, now wipro gave very good breakout with good volume, I’ll consider wipro for long term and my first target is above 600 level. Having patience to hold till the price hit 720. Recent US interest cut news also in favour for Indian IT sector and wipro is one the favourite pick of mine.Expecting a 2x return in less than a year.
Iam not a SEBI registered advisor, do your own analysis, iam just sharing my ideas only for educational purpose.
S&P is up until 1.618 so the main resistance at 4918 Economic indicators and financials don't indicate any bad sign.
Graph speaks for itself. There is no reason to sell right now. Bears will be in tears for a few weeks.
Red horizantal line is the real peak.
Stop if trendline breaks.
Please tell me what you think.
Netflix in large Cup and Handle PatternNetflix appears to me to be completing a large cup and handle pattern. The initial peak of the cup appears at a price level of about $485 while the base appears to be at a low of $345. This price difference is $140, so I suggest the possibility that a new price target for NFLX should be at $625.
The handle has just been broken in the upward price direction and I am trading this to that price target unless invalidation occurs. I am watching for the stock price to hold the $485 support that was once previously a resistance to confirm the trend and avoid invalidating the technical formation.
"BAKE/USDT Long Trade Analysis: Falling Wedge Breakout Signals RTrade Setup for BAKE/USDT: Long Position
Analysis:
BAKE has broken out of a falling wedge pattern, indicating a potential reversal.
The current market situation involves a retest after the breakout.
Entry:
Entry Point: Current Market Price (CMP)
Additional Positions: Consider adding more if the price drops to $0.2228.
Targets:
$0.255
$0.277
$0.2944
$0.32
$0.38
Stop Loss (SL):
Set the Stop Loss at $0.2138 to limit potential losses.
Leverage:
Use leverage cautiously: 5x to 10x.
Risk-Reward Ratio (R:R):
Risk-Reward Ratio is 1:6 (Lucrative).
Caution:
Use leverage in accordance with your risk appetite and be conservative to mitigate significant losses.
Perform your own research (DYOR) before making any trading decisions.
This information is not financial advice.
20$ INJ IS COMING SOON!Remember that it is never too late to buy and the market always gives you another chance to do so, maybe the second time will be less profitable , but it will definitely have less risk and loss .
For this currency BINANCE:INJUSDT , we are waiting for our second chance and then we will buy for higher targets.
Buying range
$9-10.5
Possible targets
$16
$20
$25
and less likely targets
$40
$65
MNTUSDT----> new ATH if...Hello to all you crypto lovers!
I hope you like my new design :)
First,
let me say that this currency MEXC:MNTUSDT does not have a high market cap and market depth and may have a lot of fluctuations, so enter with a very, very low percentage of your capital .
second,
Assuming that the current upward trend of the market is maintained , it seems that there is a good buying position on MEXC:MNTUSDT
Generally
If the yellow line is broken by the price with power and momentum, I think the price of 60 cents and above (new ATH ) is not out of mind, and if the blue line is
broken, we will hold back for now!
Considering the above conditions:
Entry 0.42$
TP in order 0.5$ 0.6$ 0.76$
SL (Depending on your risk tolerance and the amount of your investment) 0.34-0.37$