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Wave Analysis

GOLD WAS SUPPORTED LAST LATE 🥇 Gold was supported late last week by the release of Core PCE data from the US showing a slowdown in inflation. This eased concerns that the Fed could keep interest rates higher for a longer period of time, supporting gold prices. However, the upside momentum was limited as the Fed earlier signaled a more cautious stance on rate cuts next year under President Trump. Gold broke above its recent high around 2626 to extend its rally to 2632 late last week, but failed to hold above this level and is now falling.
OANDA:XAUUSD
by TradeAdvisory
TCS : will it contribute to recovery or fail?🚀 Tata Consultancy Services Ltd. (NSE: TCS) - Technical Analysis and Trade Plan 📈 Chart Analysis Current Price and Movement : Current price: ₹4,175.00, with a recent increase of ₹18.95 (+0.46%). Chart indicates a recent downtrend followed by a potential corrective wave pattern. Wave Analysis : The chart highlights a wave pattern labeled A, B, and C . Wave B retracement zone: Between ₹4,202 and ₹4,037 , described as a golden retracement zone where prices may take support and reverse sharply. Support and Resistance Zones : Wave C (Intermediate) correction completion zone : Around ₹4,175.00. Stop Loss: At ₹4,042.10 , indicating failure of the golden retracement zone on the daily chart. First Target Zone : Between ₹4,539 and ₹4,587 . Second Target Zone : At ₹4,778.00. Potential Price Movements : Dashed lines in the chart suggest potential upward movements towards the target zones. If the price holds the current support level, it may move towards the first and second target zones . Trading Plan Entry Point : Consider entering a long position as the price completes Wave C within the golden retracement zone. Target : First Target Zone : Between ₹4,539 and ₹4,587 . Second Target Zone : At ₹4,778.00. Stop Loss : Place a stop loss at ₹4,042.10 to manage risk in case the support level fails. Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Trading stocks, options, and other financial instruments involves risk and may not be suitable for all investors. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. #TCS #TechnicalAnalysis #TradingPlan #StockMarket #Investment
NSE:TCSLong
by LiveTradingBox
INFY :Programming for Rise Up🚀 Infosys Ltd.? 📈 Technical Analysis Wave Count : The chart identifies five waves labeled 1 through 5 . Current price action suggests the completion of Wave 4 and the beginning of Wave 5 . Wave 1 : Starts from the bottom left and peaks around November 11. Wave 2 : Corrective wave ending around November 18. Wave 3 : Strong upward wave peaking around December 16. Wave 4 : Corrective wave in progress, retracement zone: ₹1899-₹1940 . Wave 5 : Projected upward move towards the target zone: ₹2018-₹2032 . Corrective Waves : The intermediary correction ( Wave C ) is expected to complete within the highlighted yellow zone . Target Zone : The target zone for Wave 5 is ₹2018-₹2032 . Stop Loss : Place at ₹1890 based on Wave 4's failure. Volume : Volume at 2.3M (bottom right of the chart). Trading Plan Entry Point : Enter long as Wave 4 completes and Wave 5 begins, ideally near the Wave C completion zone . Target : Aim for ₹2018-₹2032 . Stop Loss : Place a stop loss at ₹1890 to manage risk. Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Trading stocks, options, and other financial instruments involves risk and may not be suitable for all investors. Always conduct your research and consult with a licensed financial advisor before making investment decisions. #Infosys #TechnicalAnalysis #TradingPlan #StockMarket #Investment #ElliottWave
NSE:INFYLong
by LiveTradingBox
Mondi Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Mondi Stock Quote - Double Formation * (Neckline) | Completed Survey | Entry Bias * Retracement | Numbered | Subdivision 1 - Triple Formation * 012345 | Wave Count | Subdivision 2 * Flat ABC | Correctional Condition At 14.00 GBP * Daily TIme Frame | Trend Settings | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:MNDIShort
by TradePolitics