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TATA Tech Breakout: Inverted Head & Shoulder Targets ₹856+A bullish reversal pattern forming in Tata Technologies Ltd (TATATECH) on the daily timeframe. Pattern Identified: 📌 Inverse Head and Shoulders Pattern Left Shoulder: Price dips and recovers Head: A deeper dip followed by recovery Right Shoulder: A higher low and bounce Neckline: Resistance around ₹755 is tested multiple times Key Technical Insights: Breakout Above Neckline: Today's close above ₹755 confirms breakout Target Projection: Target = Neckline + Height (from Head to Neckline) Projected Target = ₹856+ Volume Confirmation (optional): Typically, volume should rise during breakout for stronger confirmation Sentiment: Reversal from downtrend to possible uptrend Bullish momentum expected to continue toward the ₹856+ zone
NSE:TATATECHLong
by TradZoo
USDJPY Bullish Breakout Setup – Retest at Key Demand ZoneUSDJPY is respecting a clean bullish structure after rebounding from the 140.100 base. Price made a higher high near 148.650, followed by a pullback into the previous demand zone around 145.000. Technical Breakdown: Market Structure: Higher highs and higher lows indicate a strong uptrend. Demand Zone: Clean reaction from the 145.000 zone, which previously acted as resistance-turned-support. Target Zones: First TP: 147.900 (previous swing high) Final TP: 150.600 (key resistance level) Invalidation Level : Close below 144.800 could invalidate this bullish scenario. If price sustains above 145.000, the bullish trend is likely to continue. As always, manage risk carefully. Like & Follow for more clean, high-timeframe breakdowns!
by Mrshazee
USDJPY analysis week 21Fundamental Analysis USD/JPY recovered slightly on Friday as the USD recovered and traded sideways around the DXY index level of 100.80. The Japanese Yen (JPY) strengthened despite a decline in Japan's GDP, due to its safe-haven status and expectations that the BOJ will not raise interest rates soon. The BOJ kept interest rates at 0.5%, lowered its 2025 GDP growth forecast to 0.5% and may pause interest rate hikes until September to monitor the impact of US tariffs. The Fed kept interest rates unchanged, no plans to cut in the near term. The Fed Chairman warned that tariffs could increase inflation and reduce growth. Technical Analysis USDJPY is reacting at the 89 EMA. Overall, the uptrend is still maintained for this pair and pay attention to the immediate support level of 144,000, while the pair is still trading above this area, the uptrend is still continuing. The two resistance levels that the pair could reach next week are noted at 147.500 and 148.300. In case the 144.000 trend zone is broken, the pair's slide will be supported by the May low around 142.600.
by TVS-Trader
Gold Price Analysis May 16Yesterday's D1 candle pulled back within the uptrend with a liquidity sweep to 3121. Today there is unlikely to be a sell-off and the price will continue to return in the uptrend. Today, it is better to mainly look for retest points for BUY signals. In the immediate future, 3198 is the first BUY zone that the Asia-Europe session can consider. When breaking this zone, buy entries may not carry long TP expectations. The Breakout zone of 3153 and the bottom zone of 3125 are two important supports to prevent the gold price from a downward slide. In the opposite direction, the Asian session resistance zone around 3254 also acts as an immediate barrier for the gold price increase. Break 3254 should not BUY until the 3288 zone before SELL Scalping can be done. The upper barrier of the Daily Frame is at 3320.
OANDA:XAUUSD
by TVS-Trader
SHORT - GOLD (XAU/USD): Decending Triangle on GOLD Good Morning, Traders. As always, please note that this is not financial advice — always do your own research (DYOR). This morning, we are observing the development of a descending triangle pattern on the 15-minute timeframe, forming at a critical support level. This technical formation is often indicative of bearish momentum. Should the price action decisively break below this key support, it would signal a potential shorting opportunity. Such a breakdown could trigger accelerated selling pressure, offering the possibility of favourable risk-to-reward setups for short positions. Traders are advised to closely monitor price behavior around the support line, watch for increased volume on the break, and ensure proper risk management before entering any positions. Stay vigilant and trade smart.
TVC:GOLDShort
by ghostysellsdonkeys
2
Gold Price Analysis May 14Yesterday's D candle with an increase but not significant and unable to surpass 50% of the previous bearish candle shows that the sellers still hold the initiative today. The 2322 zone plays a key role at the moment when breaking the Down confirmation to 3200. If it bounces from 3222, it will confirm the trend back in the Sideway range with the upper range of 3260. In the direction of the 3260 break, Gold will return to the uptrend with the resistance zones of 3280 and 3320, pay attention to the small resistance zone around 3305 for the scalping strategy. On the opposite side, the break of 3222 confirms the downtrend, extending the next reaction zone around 3200 and can extend the decline to 3176 today.
OANDA:XAUUSD
by TVS-Trader
XAUUAD UPDATE 15-5-2025This chart is a technical analysis of CFDs on Gold (US$/OZ) with a 1-hour timeframe. Here's a breakdown of the key elements: Chart Patterns: 1. Falling Wedge Pattern: A clear falling wedge is outlined with blue trendlines converging downward, typically a bullish reversal pattern. The price has tested the lower boundary multiple times, suggesting a strong support zone. 2. Projected Breakout: An upward arrow indicates a possible breakout from the wedge. The breakout zone appears to aim for the 3,473.994 level, marked with a red line. A potential rally target is highlighted in a yellow zone, between approximately 3,400 and 3,500. 3. Support & Resistance: Support: Around 3,122.690 (green line at the bottom). Resistance: Approximately 3,261.270, with further resistance near 3,473.994. 4. Volume: There’s steady volume activity, which could indicate accumulation before a breakout. 5. Fib Level: A Fibonacci retracement level around 0.793, often used to confirm reversal zones. 6. US Economic Events: Two U.S. flag icons suggest important economic data releases, which might trigger volatility and influence the breakout. Conclusion: This chart suggests a bullish outlook for gold, expecting a breakout from the falling wedge and targeting the 3,400–3,500 zone. However, the movement could be influenced by upcoming economic data, so it’s essential to watch for confirmation before acting. Would you like an interpretation in a different format (e.g., simplified summary or trading plan)?
TVC:GOLD
by Mr_Zakrii
[INTRADAY] #BANKNIFTY PE & CE Levels(15/05/2025)Today will be slightly gap up opening expected in banknifty. After opening if banknifty starts trading and sustain above 55050 level then expected bullish movement in index. This movement can goes upto 55450 level and can extend further upto 400-500+ points in case banknifty starts trading above 55550 level. Below 54950 negative movement expected. 54550 level will act as a downside support for banknifty. Major downside movement expected in banknifty below 54450 level.
NSE:BANKNIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(14/05/2025)Today will be flat opening expected in index. After opening if banknifty starts trading and sustain above 55050 level then upside movement expected upto 55450+ level. 55450 will act as a resistance for today's session. Possible banknifty will consolidate in between range of 55050-55450 level. In case banknifty gives breakout of 55500 level and starts trading above 55550 then expected strong upside rally of 400-500+ points. Any downside only expected below 54950 level.
NSE:BANKNIFTY
by TradZoo
Gold Price Analysis May 13Candle D shows a strong selling force approaching the key support zone of 3200, if it breaks this zone, it will confirm the continuation of the strong downtrend Gold is facing some selling force around 3265. There will be a lot of selling force waiting around 3270 and 3280. Today, you can watch for SELL around these two zones. If the breakout is confirmed towards 3317, you can implement SELL strategies. On the contrary, the nearest support zone for the breakout that gold is aiming for is around 3243. 3222 and 3200 act as two stops for a prolonged slide in gold prices today. Remember that in the large frame, a downtrend wave is starting to form, so the downtrend of gold can fall very strongly.
OANDA:XAUUSD
by TVS-Trader